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The Key Things That Are Helping Bitcoin Skyrocket

Have you heard? Bitcoin is flying. In case you hadn’t, let us fill you in. Bitcoin is currently flying high, at the time of writing Bitcoin is valued at $8,180.32, up 2.11%. Bitcoin has made huge gains through the end of July, after bottoming below the $6,000.00 threshold. Moreover, Bitcoin dominance is up too, sat at 47.2% at the time of writing, suggesting that Bitcoin has a very tight grip on the markets at the moment. The implications of this are simple, the more dominant Bitcoin is, the harder it’ll pull the markets up when Bitcoin surges. Based on history...

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Market Update: BTC, EOS And XLM On Top Of Their Games As LTC Sinks

As the good news continues and as the markets continue to rack up value, we are seeing new two-monthly highs topping the markets. This slight surge is bringing cryptocurrencies up to a far healthier position in time for a new month - August, a month that looks to be the most positive yet for cryptocurrencies in 2018. With a potential bull run on the horizon, investors are starting to get excited, rightly so too. Please however do remember that the markets are still volatile. Yes, things look great and the markets look to be up, but overall volatility still rules...

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New Coinbase Announcement Means Europeans Can Now Pay For Uber Rides With Bitcoin

Cryptocurrency adoption means that one day, we’ll be able to buy apples with Bitcoin, take taxis with Ethereum and take out mortgages with XRP. Whilst some of the above might already be possible in some niche environments, from a commercial perspective, cryptocurrency adoption isn’t feasible just yet. This is where cryptocurrency gift cards come in. Cryptocurrency gift cards allow investors and traders to use their crypto to purchase gift cards that have an inherent store value. So, whilst you can’t always directly buy apples with Bitcoin, you could end up purchasing a gift card using Bitcoin, for a store that...

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Bitcoin (BTC) Prepares For Its Biggest Fall In Weeks

Bitcoin (BTC) has run into strong resistance as it struggles to break past the downtrend line, but overall conditions indicate that this rally is now over. RSI on the BTC/USD chart above is trading in a rising wedge and has now reached the upper limit of the wedge. The IFT Stochastic also indicates a pull back as it has topped out. EMA alignment for BTC/USD continues to remain bearish. This indicates that the price is due for a pull back in the near future and is expected to correct in a downward direction. As the volume continues to dwindle with...

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The Bitcoin Surge Is Set To Continue According To Brian Kelly

In case you hadn’t noticed, Bitcoin is flying upwards at the moment in a surge that could now begin to indicate the start of a more wide spread surge, given that as it stands Bitcoin dominance stands at 47.1%. In the past month alone, Bitcoin has risen from prices > $6,000.00 up to a current figure of $8,153.54. As it stands, Bitcoin is up 6.05% and thus, is not showing any willingness to halt just yet. As it stands, it’s clear that a Bitcoin surge is underway and therefore, we can now start to hope that the rest of the...

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