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Here’s Why Bitcoin Is Becoming More Valuable

Bitcoin has remained at the centre of focus for the cryptocurrency industry. Whether it is performing well, or not, you can almost guarantee that someone will be talking about it for good or bad. At the moment though, the news seems to be good, and experts are even predicting that it is destined for even greater heights in the future! One reason that Bitcoin has been predicted to go far is due to the simplicity of the Bitcoin blockchain. It was the first successful implementation of the distributed ledger framework via a blockchain. Because it was the first of its...

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Twitter CEO Wants Bitcoin To Take Over The Internet

During a talk at Consensus 2018, the blockchain week cryptocurrency conference, Jack Dorsey the CEO of Twitter has stated that he does believe one day, the internet will have a native cryptocurrency that is used across the web. He doesn’t know what this currency will be but believes that Bitcoin will be the best option for us. According to City AM, Dorsey has said: “The internet is going to have a native currency so let's not wait for it to happen, let's help it happen. I don't know if it will be Bitcoin, but I hope it will be.” Its...

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Binance Coin (BNB) Up Double Digits As Bitcoin (BTC) Tumbles

Binance Coin (BNB) is the cryptocurrency used to pay for services on the most popular crypto exchange, Binance. It is currently up 14% against US Dollar (USD) and 15% against Bitcoin (BTC). The coin was initially ignored as Binance did not have a significant number of users but given the problems and delays with other exchanges, investors were eager to switch to Binance from preexisting platforms like Coinbase and Kraken. Binance had been exceptionally good at spreading its message on social media platforms like Twitter which encouraged many users to join the platform for its robust trading experience, easy account...

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Bitcoin (BTC) Is Not A Dirty Word Anymore

Bitcoin (BTC) is currently struggling hard to stay above the $8,000 psychological mark. The price seems to be defending well for now but it will most likely come down over the next few days to complete a long anticipated double bottom. This would also complete a pattern of three bounces which will result in a bullish impulse up ahead, most likely at the onset of the next week. Interestingly enough, Bitcoin (BTC) will also form a double bottom on the RSI during that time. The weekly chart for BTC/USD looks oversold but shows weakness for limited downside. Consensus 2018 concluded...

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Here’s Why Bitcoin Could Hit $10K In Two Weeks

Bitcoin might be having a bit of a difficult time at the moment. This is amplified by a frankly poor market state, a state which seems to be dragging cryptocurrencies down into figures not seen for well over a month now. The decline which started last weekend, has continued through the week and now looks to be setting us up for a second weekend of market declines. We should use this as an opportunity however, to look at what could happen in the wake of this. On Tuesday the 6th of February, Bitcoin hit a low of $6,249.11, however, just...

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