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Buying and selling bitcoin through PayPal & Venmo, is this the future?

Earlier today we published an article talking about PayPal & bitcoin and how the payments company is allegedly getting involved deeply in crypto space.  According to industry sources, this is a change that will be coming in the foreseeable future with users being able to store and send the cryptocurrency such as bitcoin. Earlier today we published an article talking about PayPal & bitcoin and how the payments company is allegedly getting involved deeply in crypto space. According to industry sources, this is a change that will be coming in the foreseeable future with users being able to store and...

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PayPal & bitcoin: a match made in heaven?

PayPal is getting ready to introduce a cryptocurrency buying and selling service on the platform. According to a recent report, PayPal is getting ready to allow people and businesses to buy and sell crypto directly from their platforms.  Today marks the day of some exciting news from the crypto space as PayPal, the well-known payments company, is getting ready to introduce a cryptocurrency buying and selling service on the platform. According to a recent report on the matter, a person familiar on this new development has revealed that PayPal and it’s peer-to-peer payment platform, Venmo is getting ready to allow...

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9490.31 a Big Test for BTC/USD: Sally Ho's Technical Analysis 23 June 2020 BTC

Bitcoin (BTC/USD) attempted to sustain upward momentum in today’s Asian session as traders saw improving short-term market sentiment after decent buying pressure emerged around the 9262.73 area during yesterday’s Asian session. Notably, the upward activity emerged just above the 23.6% retracement of the recent depreciating range from 9592.04 to 9161.00.  Stops were elected above the 9325.66, 9376.52, and 9427.38 levels, representing the 38.2%, 50%, and 61.8% retracements of the depreciating range.  The next upside retracement level for this depreciating range is the 9490.31 area, representing the 76.4% retracement.  Traders have recently been unable to keep the pair above the 9530.47...

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Bitcoin Is All Set To Crash Again!

Bitcoin is ready to crash again now that we have seen a final retest of the trend line resistance. The 1H chart for BTC/USD shows that the price action is weak and there isn’t much bullish momentum for anything of consequence at this point. The most probable scenario is the beginning of a major downtrend from this point forward once the ongoing move is complete. As we have discussed in our prior analyses, this is the last bullish move before the major downtrend formally begins. The price of Bitcoin has already entered a downtrend but as we know from the...

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Weiss crypto rating platform predict BTC to hit $180,000: but how could this happen?

Weiss Cryptocurrency rating platform recently predicted that bitcoin could trade near $180,000 if it can capture only a third of the Safehaven business from gold.  But how could this happen? The well respected Weiss Cryptocurrency rating platform has recently predicted that bitcoin could trade near $180,000 if the leading cryptocurrency can capture only a third of the Safehaven business from gold. That price figure is currently 20 times what the leading crypto is currently worth but the platform has said that this could happen within the next decade. But how could this happen? Weiss believes that demand is what will...

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