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How Satoshi’s lack of identity can benefit bitcoin

Satoshi Nakamoto. The two words associated with bitcoin and its creation.  The identity behind the pseudonym of the name has been long hidden and even after all the success that the cryptocurrency has achieved. Satoshi Nakamoto. The two words associated with bitcoin and its creation. The identity behind the pseudonym of the name has been long hidden and even after all the success that the cryptocurrency has achieved, especially looking back into 2017 when it hit its all-time high of $20,000, the creator of the assets is nowhere to be seen. It’s a mystery that will probably never be solved,...

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The president vs Bitcoin: Trump allegedly told Treasury Secretary to ‘go after bitcoin’

It is well known that Donald Trump is not a fan of the leading crypto, nor any digital assets within the industry. In July last year, he took to Twitter to comment on the asset saying that it is not money and is based on thin air only. It is well known that the United States President Donald Trump is not a fan of the leading cryptocurrency, nor any digital assets within the industry. In July last year, he took to Twitter to comment on the asset saying that it is not money and is based on thin air only....

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9661.51 Remains Elusive for BTC/USD Bulls: Sally Ho's Technical Analysis 18 June 2020 BTC

Bitcoin (BTC/USD) failed to sustain recent short-term gains early in today’s Asian session as the pair continued to back away from the 9500 area, having peaked around the 9558.48 area during yesterday’s North American session.  Traders have been unable to keep the pair above the 9530.47 area during its recent brief trading activity above this level, representing the 50% retracement of the recent appreciation from 8632.93 to 10428.00, and this has been bearish for BTC/USD in the short-term.  Traders are observing how the pair will trade when it tests the 9318.65 level, representing the 61.8% retracement of the same range. ...

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Bitcoin Can Test 9.7k Before Next Decline

Bitcoin seems all set to test the trend line resistance for the third time which means that we could see $9.7k near-term before the downtrend ensues. It is important to realize that this is one of the last few uptrends within this downtrend before the road to $3k. Throughout the ongoing uptrend, we have been bullish where there have been good opportunities. When BTC/USD was trading around $6.7k, I discussed how it was very likely to rally towards $9k to fill the CME Futures gap and it played out as we anticipated. However, the larger trend remains bearish and has...

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How Bitcoin May Change the Auto Industry

When you decide that it’s time to buy a new car, that’s a decision which usually comes with quite a bit of excitement. It’s going to be a big change and more than likely an improvement on what you’re currently driving. But it never comes without its concerns and inconveniences. The end result of having a nice, new car to show off and having a much more comfortable, more efficient driving experience to what you were used to, isn’t something you get to without stress. All of the formalities of trying to find a nearby dealership that has the right...

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