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Bitcoin (BTC) Likely To Remain Sluggish As Altcoins Rally

Bitcoin (BTC) has given us some signs of hope the last few days but we have seen comparatively more energy in altcoins. This is because as historical cycles indicate, we are at the brink of an altcoin rally. The daily chart above for BTC/USD shows that Bitcoin (BTC) is all set for a break out but temporarily faces a 21 Day EMA resistance. It is unlikely to be broken over the weekend as volume will be low and market makers might want to have one last go at accumulation before letting Bitcoin (BTC) loose to begin a new trend. Since...

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Bitcoin Shown In Popular British Soap

In recent years, Bitcoin has been referenced in pop culture, including songs from the rap giant Eminem and one of his latest songs, Not Alike, multiple TV shows and many more. Now the crypto has become the focal plot point for a British soap which is watched by million around the United Kingdom. So far in the year, cryptocurrency has had quite a rough year and yet despite the decline in prices, some cryptocurrencies look to be getting relatively stuck with the rest of the world. References to Bitcoin are everywhere nowadays. Massively popular TV shows like The Big Bang...

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BitPay Unsure On Altcoins But Optimistic On Bitcoin

The ICO market has been otherwise thriving throughout this year with overall number of projects starting and investment capital profited, it has doubled that of last year by the midway point. While Initial Coin Offerings have brought the passion of those in and out of the industry, mainly over empty projects which have to fill the space and sum to nothing other than ‘pump and dump schemes’. However, it does provide efficient means for driving development and innovation in industry even if investors have yet to discerning eye, Nevertheless, not everyone has the same views on ICOs and the altcoin...

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Bitcoin To $8,500 By December: Fintech Firm

Bitcoin (CRYPTO: BTC) will rise to $8,500 in December, according to fintech research firm Trefis in a Sept. 13 statement. BTC is currently at $6,500 and has seen modest gains the last couple of days. Trefis analysts brushed aside the recent price slump and said in their Forbes article that "there should be a steady recovery in the number of unique users as well as transaction volumes on the Bitcoin network over coming months – helping ... prices reach around $8,500 by the end of the year." The New York-based firm has a tool called Bitcoin Price Estimator on its...

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Billionaire Mike Novogratz: Crypto Prices Have Bottomed

To crypto investors who lost (digital) money during the first half of September, there's some good news. Billionaire crypto investor Michael Novogratz said on Thursday that cryptocurrencies are poised to rally because prices have bottomed out. The second good news is that prices continue to rebound as of early Friday trading. "This is the BGCI chart...I think we put in a low yesterday," said the principal of New York-based Galaxy Digital on Twitter. "[Retouched] the highs of late last year and the point of acceleration that led to the massive rally/bubble ... markets like to retrace to the breakout .....

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