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How Bitcoin Has Boosted These Industries Over The Years

Bitcoin is helping more industries than you may think Global companies see benefit with bitcoin How long untill Bitcoin becomes a must for large industries Cryptocurrency is an ever-growing industry which has spread throughout almost every industry. At the time of writing, there are more than 1,000 cryptocurrencies listed on exchanges and because of the decentralised nature of said currencies, they have many uses. Some of those industries include travel, education, social media, real estate and more! Let’s take a look at some of these industries and how cryptocurrency has had an impact on them. Gaming The cryptocurrency hype train...

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BTC/USD Caught Between 9017 and 9318: Sally Ho's Technical Analysis 28 June 2020 BTC

Bitcoin (BTC/USD) experienced a somewhat negative trading bias early in today’s Asian session as the pair continued to trade below the 9200.00 level after encountering selling pressure around the 9335.00 area during yesterday’s Asian session, a bearish signal as this move higher failed to test the 50% retracement of the recent appreciation from 8995.01 to 9792.00.  Similarly, this resistance was below the 9385.54 area, representing the 50% retracement of the recent depreciation from 9792.00 to 8979.07.  BTC/USD Bears recently knocked the pair lower to the 8979.07 area, and bids subsequently emerged around the 9076.92 area during a move higher.  If...

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Global investor, Jim Rogers predicts BTC to hit Zero claiming the industry is just a bubble

Jim Rogers has given speculation on the industry saying that they will all be gone eventually.  Speaking in an interview, Rogers said that the world of crypto, including bitcoin, will be in decline eventually and everything will go to 0. Jim Rogers, and investment Guru who said that bitcoin was in a bubble as early as 2017, has given speculation on the industry saying that they will all be gone eventually. Speaking in an interview at the end of last week on 19th of June, Rogers said that the world of crypto, including bitcoin, will be in decline eventually and...

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BTC/USD Bears Again Eyeing 8877: Sally Ho's Technical Analysis 27 June 2020 BTC

Bitcoin (BTC/USD) sought fresh market sentiment early in today’s Asian session as the pair remained pressured below the 9500 level but remained above the psychologically important 9000 figure, after recently trading as low as the 8979.07 area.  Bids emerged around the 9076.92 area during yesterday’s European session but BTC/USD remains in striking distance of new June lows.  If selling pressure intensifies, longer-term traders are carefully observing the 8877.48 level, an area that represents the 23.6% retracement of the recent appreciation from 3858 to 10428, and decent Stops are likely in place below this level.  Traders tested this area on 15...

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It’s Not Just Bitcoin That Has A Problem With Money Laundering

Bitcoin is now one of many ways to launder money Major Banking Groups involved in report that focuses on illegally transactions As is the general consensus, Bitcoin can supposedly make it easier for criminals and fraudsters to conduct illegal transactions. The amount of money laundered through Bitcoin is nothing in comparison to the multi-trillion dollar network of illegal transactions that pass through traditional banks on a yearly basis. In a recent report published by the United Nations Office on Drugs and Crime, there are more than trillion dollars illegally transacted through the traditional banking system every year. In another recently...

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