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Emergency Market Review

As we know, today the markets are experiencing a fall that kicked in around 24-hours ago. The majority of the news is pointing towards a large-scale hack of South Korean cryptocurrency exchange, Coinrail as the root to this demise, however we can be pretty certain that there are some other contributing factors, factors within world politics and world finance. In short, the climate is bumpy at best for the cryptocurrency markets. This current fall is no doubt going to become more problematic through the week. As the markets continue to fall, we are going to see major currencies move below...

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Bitcoin (BTC) Could Drop Again To Support Line After Rejection At $7,700

Bitcoin (BTC) is at an interesting point where it has to break above or below the triangle it is trading in on the 4H chart. Having faced a rejection at $7,700 again, the more likely scenario is that it will break below the triangle and once again retest the support line. The volume is fading with every passing day. Neither the bulls nor the bears seem to be in control but this lack of interest coupled with fear in the market is more advantageous to the bears as of now. However, a bearish entry at this point may not be...

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Tom Lee Predicts An End Of Year Bitcoin Price

Tom Lee has predicted the end of year price for Bitcoin Tom Lee, managing partner at Fundstrat Global Advisors, has discussed the future of cryptocurrencies with Bloomberg. During the interview with Bloomberg, the managing partner stated that the price of Bitcoin would hit 25,000 dollars by the end of 2018 and by 2022 it could even hit 125,000 dollars. But are these reliable predictions? The company Lee is a partner of, Fundstrat, released a report which suggests that Bitcoin would see a boom which should be completed by July this year. The report then goes onto say that after the...

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Bitcoin Still Bigger Than Beyoncé

Bitcoin Google searches may have dropped by 75% this year in direct relation to the price however, people are still searching for the worlds to digital currency more than Beyoncé and Blockchain Google search drop for Bitcoin related to price Nicholas Colas, co-founder of DataTrek Research, believes that the drop in Google searches for Bitcoin isn’t a good sign for prices. In an email sent to clients earlier in the week, Colas said this: "We use Google Trends to track search queries for Bitcoin as a proxy for potential new buyers… Bitcoin needs a new narrative in order to re-establish...

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5 Young, Crazy Bitcoin Millionaires

The fast moving, dynamic and ever-expanding world of cryptocurrencies has catapulted thousands of people over the globe into newfound fame and fortune in recent years. Here are some of the craziest Bitcoin millionaires out there: 1. Eric Finman Eric became a millionaire at the tender age of 18, after investing in Bitcoin at only 12. Not only did he make his millions, but he won a bet with his parents that if he managed to make a million by his 18th birthday, he didn't have to go to college! 2. Jeremy Gardner Jeremy, who's only 25, travels the world, waxing...

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