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How Could The FED Affect Bitcoin?

Here’s a question for you, what would happen to Bitcoin if the Federal Reserve decision starts to raise rates? Robert Leshner believes that if the Federal Reserve decides to raise rates it could hit the deflationary digital currencies such as Bitcoin. Leshner focuses on predicting the FED’s interest rates decision and notes that digital assets have only been around in a low-interest environment. With the FED tightening its policy, cryptocurrencies might be vulnerable as no one really knows how they will behave in a new monetary. He states: We’ve always known crypto in an environment of essentially zero or low-interest...

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Novogratz Predicts Bitcoin To Reach $20k Next Year

Ever since the former Wall Street banker, Mike Novogratz hijacked the crypto ecosystem, he’s never been afraid of making predictions regarding the future of Bitcoin or for that matter, the future of the whole industry. Although some of his comments and forecasts have come under siege from industry experts and with a recent report from Financial News London it seems like Novogratz’ Bitcoin predictions are going to keep up as the prominent investor has issued more comments and predictions regarding this market. Speaking to the media outlet, the current CEO of Galaxy Digital went on to explain that Bitcoin’s relative...

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Third Quarter Report Released By Grayscale Looks Good For Bitcoin

Grayscale Investment has published its third-quarter report for this year. The report highlights that institutional investors have made up the majority of its fund inflows in over the past three months. This suggests that smart money might be buying into cryptocurrencies in anticipation of an upcoming rally. Grayscale Investment provides investments trusts that hold digital currencies and therefore enables institutions and accredited investors to invest in digital assets through a regulated investment vehicle. Grayscale is currently offering a single asset exposure to Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, XRP, Zcash and ZEN which runs a digital asset large-cap fund...

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Bitcoin (BTC) Bulls Confident As Long As Price Remains Above 1000 Day EMA

Bitcoin (BTC) bulls may not seem aggressive but they are definitely more determined than the bears. Most bulls are confident in Bitcoin (BTC)’s long term growth as long as the price remains above the 1000 Day EMA. As the BTC/USD daily chart shows, the price is currently well above the 1000 Day EMA and is not likely to fall below it under the bullish case. Before the month of September, if the price would fall to the 1000 Day EMA, it would coincide with the long term trend line. However, this time, if the price falls back to the 1000...

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Interesting Ways To Spend Your Bitcoin

The frequency of cryptocurrency donation has been increasing recently. This is most likely down to transparency and accountability, non-profit organisations which have begun to accept contributions in digital currencies which has helped them raise more funds from a new subset of donors. As trust in charities continues to drop and donations aren’t as big as they once were, charities are looked elsewhere to better their public image by offering greater levels of accountability. Supporting endowments in Bitcoin means that donors can have a bigger degree of oversight which could lead to positive changes in the relevant field of activity. Here...

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