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What's Next For Bitcoin?

Over the past day, the crypto market has been reasonably positive. With trade and small gains are being seen across the board this morning. Since this time yesterday, the whole market has jumped by 0.3% which then led it to be $203 billion according to CoinMarketCap. What might come as a surprise was that Bitcoin was the only coin which failed to jump a bit higher. The leading digital currency failed to follow the herd (and on its birthday too!) so it ended up being a slight drag on proceedings. This leaves us with the question of, what’s next for...

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How Bitcoin Could Become Mainstream In The Next Ten Years

Today marks the tenth anniversary of Bitcoin. One whole decade of Bitcoin and cryptocurrencies. The day when Satoshi Nakamoto released the whitepaper for the number one cryptocurrency in the world. If you’re new to the industry and take a look at Bitcoin at the end of last year to what it is now, you might ask ‘what happened’? Nevertheless, while the leading digital currency has been jumping throughout the $6,200 - $6,800 range for several months now this doesn’t necessarily mean the end of the world. For many investors, the market speculation is dropping and leaving behind a market which...

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Can Dealing Millions Of Bitcoin Send You To Jail?

Following a recent news release summary from the United States Department of Justice, during a federal court hearing, one citizen from the US pled guilty to a crime relating to the crypto space and specifically, Bitcoin. The person in question is a man from San Diego called Jacob Burrell Campos who has confessed to operating an unlicensed money transmitting firm. The firm focused on the purchase and sale of crypto assets including Bitcoin. Campos allegedly sold thousands of dollars worth of Bitcoin to over a thousand customers across the nation in just over a year. The Department of Justice found...

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Bitcoin (BTC) Bearish Scenario Valid Only If 21 Month EMA Is Broken

The cryptocurrency market is full of Bitcoin (BTC) bears at this point. The long, extensive correction has been instrumental in weakening bullish resolve. All the euphoria and enthusiasm felt around levels of $18,000 and higher has now been completely shattered. Just when the majority starts to feel the same way, is the time we can expect a trend reversal. This was true when Bitcoin (BTC) topped out and this is true now that BTC/USD seems to have bottomed out. Historical data suggests that every time Bitcoin (BTC) has remained above the 21 Month EMA, it has remained bullish. In fact,...

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An Anniversary For Bitcoin

Today marks the day when Bitcoin was welcomed into the world. Ten years ago, Satoshi Nakamoto published the white paper on Bitcoin which is known by almost everyone in the crypto space. However, today also marks a decade since the 2008 financial crisis. Looking back, the timing of the release for the Bitcoin white paper couldn’t have been better. As questioned by CoinDesk, “did Satoshi Nakamoto at the time fully grasp the historical significance and unique opportunity presented in autumn 2008 to kickstart a new financial system and motivate people to use a new currency?” Let’s take a walk down...

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