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Experts Believe In A Positive Bull Run As Bitcoin Price Stalls

With Bitcoin well above the $7,000 price mark despite the bulls slowing down and with the majority of other digital currencies unfortunately in the red experts are being rather optimistic regarding the interest that Bitcoin has in its slow but continuous surge higher. Staying still Saying that, Bitcoin seems to have stopped at around $7,450. When I write this, Bitcoin is not only the biggest cryptocurrency in the world, but it also has a market cap of around $127 billion. Nevertheless, for the past day, Bitcoin has seen some of the red but only 0.06% of it. The cryptocurrency market...

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MasterCard Apply Patent For Bitcoin Transactions

As the world of cryptocurrencies constantly evolves and changes, traditional institutions, such as banks, are trying to keep up with the crowd. Mastercard was able to receive a patent which allowed users to manage ‘fractional reserves of blockchain currency’. It might be possible to use credit card and Bitcoin as the main currency of the transaction in the future. Blockchain and Mastercard The senior vice president of Mastercard, Seth Eisen, has said that it could become possible to pay for things using only the currency that was classed as legal tender by the Government. In a report released within the...

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Marc Lasry Says Bitcoin Could Increase 433% In The Next Year

Earlier today (18th July), Marc Lasry spoke to CNBC on the morning news show ‘Squawk Box’ regarding how he can see the Bitcoin price rising to $40,000 or more within the next few years. The CEO and billionaire co-founder or hedge fund Avenue Capital Group, not to mention co-owner of the Milwaukee Bucks in the NBA, spoke to CNBC saying that he can envision the Bitcoin price reaching at $40,000 or more as the cryptocurrency gets a wider adoption which makes it easier to trade. He went on to say: “You are hoping that as it gets more into the...

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BMW Now Accepts Bitcoin As Payment

If you are looking to purchase a brand-new BMW any time soon then you’re are in luck as Stephen James BMW now accepts Bitcoin as a valid payment for the vehicle! There are many things that holders can spend their Bitcoin on, for example, Jewellery and now it seems you can by a red-hot beamer from the German car manufacturer in London and Kent in the UK. Stephen James BMW, a BMW and MINI car dealership based in South-East England sent out a tweet which said that BMW will now support payment of Bitcoins for their services. The tweet said:...

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Bitcoin (BTC) Likely To Fall To $5,400 After Unsustainable Short Squeeze Pump

To the surprise of many, Bitcoin (BTC) made a big move yesterday all the way to $7,500 in a matter of hours. While many investors were unaware of the real reason this pump occurred, many believed it had something to do with a Bitcoin ETF. Rumors of a Bitcoin ETF have been increasingly circulating in the crypto community for the past few days which is why investors were not willing to let go even as the price entered overbought conditions with the RSI reaching unprecedented levels on the 4H chart for BTC/USD. This move was seen by many as a...

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