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How To Turn A Bitcoin Bear Into A Bitcoin Bull

There are two ways to do this, firstly, you can take the bear, strap some horns to its head and stick a ring through its nose. Although, have you ever tried to strap horns to a bears head? I don’t imagine it’s easy. The second way, has been discussed by CNBC and Ambrosini Brothers Analyst, Todd Colvin. You can see the full article for yourself, here. Colvin is famously bearish on cryptocurrency, but has discussed a few factors that would help him change his stance on the markets. We agree with that Colvin has had to say and believe that...

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Market Update - BTC, XLM, TRX, XMR Down Once More

As we enter the middle of the week, the crypto markets are continuing to fall. Since yesterday alone, major cryptos have lost an awful lot of value and as it stands, the fall is set to continue through the rest of the week. We are expecting to see a similar to trend to what we have seen over the past few weeks. Prices will bottom out to new lows and then prices will spike again through correction. After this, the negative climate will take hold again, etc etc. It’s boring, it’s repetitive and it is what we are seeing at...

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How Brexit Will Impact Bitcoin

The UK withdrawal from the European Union, or ‘Brexit’ has hit headlines over the past few days with two prolific members of the UK Government resigning from their positions as a result of a disagreement between policies going forward that will help to decide which path the UK will take after it leaves the EU. Whilst we don’t want to get into politics, this shake up of the cabinet does seem to be a sign of things to come. We want to estimate how this will impact Bitcoin. If we analyse the trajectory of Bitcoin during the EU Referendum in...

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The Role Of China In The Burst Of Bitcoin

A report by the Daily Express (UK) discusses the role of China in the apparent burst of the Bitcoin bubble. I must note at this point that economically speaking, we do not believe Bitcoin is a bubble, but many do believe that this is the case. Whether they are right or wrong is totally up for debate. The report stems from the fact that since September 2017, the buying and selling of Bitcoin against RMB (Chinese Yuan ¥) has fallen from 90% of the world’s total to just 1%. Much of this is of course due to the recent decision...

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Trump Invested In Bitcoin, That’s Why He’s Not Banned It Yet

Back in October 2017, the Donald Trump administration (the team heading the United States of America incase you didn’t know) made a number of anti-Bitcoin statements that suggested the President could go on to ban cryptocurrencies in the very near future. As we are now in July and still have no word from Trump regarding cryptocurrency, we should start to ask exactly why no ban has been imposed. According to Verdict, this is what the Trump administration said in October: “The FBI’s very concerned about [the dark web]. They did take down, I think, the two biggest, dark web sites....

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