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The Most Bitcoin-Friendly European Countries

The emergence of Bitcoin appears to be good news to people who subscribe to a cashless world and have been awaiting for a technology that would replace the traditional banks. Just like all emerging technologies (like the VR for instance), Bitcoin too has obvious features that offset the weakness of the physical banks, and its emanation was welcomed by many until some countries like China started a massive crackdown for speculated reasons. South Korea followed suit briefly with the idea that Bitcoin is a threat to the global economy, and can be used as a tool for money laundering if...

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Could the current climate push BTC to wild prices? Adam Back predicts bitcoin to seek $300,000

Adam Back of Blockstream has recently said that unlimited money printing will only charge retail investors towards bitcoin.  He further added that it could push the price to $300,000 within five years. Adam Back of Blockstream has recently said that unlimited money printing will only charge retail investors towards the crypto space and specifically bitcoin. He further added that it could push the price of BTC to $300,000 within five years time.  Speaking in an interview with Bloomberg, Adam highlighted his opinion behind the extreme price prediction. This came after he clarified that he was in fact not Satoshi Nakamoto…...

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BTC at $10k will seem cheap in the future according to Jimmy Song

Yesterday, bitcoin finally hit the $10,000 mark. Currently trading just over the $9500 mark, bitcoin is performing relatively well on the day. Yesterday, bitcoin finally hit the $10,000 mark. Even though this was a price range that was only short lived, it was an impressive one nevertheless. Currently trading just over the $9500 mark, bitcoin is performing relatively well on the day even if it did sink below the $10,000 keep resistance level in the last 24 hours.  Strange times The world is going through a strange time right now. The COVID-19 pandemic is still going in full force and...

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Bitcoin can’t keep above $10,000 following another failed attempt

Things were looking up after the leading crypto breached $10,000 but in typical bitcoin fashion, it wasn’t able to hold the support.  The coin was trading sideways for a significant amount of time yesterday and that was a big indicator that the bulls didn't keep up above the key resistance level. Things were looking up yesterday after the leading cryptocurrency breached $10,000 and seemingly rose up to $10,500 on some exchanges but in typical bitcoin fashion, it wasn’t able to hold the support.  The flagship coin was trading sideways for a significant amount of time yesterday and that was a...

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Did Bitcoin (BTC) Just Flip Bullish?

The price of Bitcoin shot up past $10k in a very interesting development yesterday. As before, it was a strong pump that happened in just a matter of minutes. There was no series of higher highs or higher lows or any sustainable pattern of uptrend. Moments before the pump, we saw big stacks of USDT (Tether) transferred to from the Tether Treasury to Binance. It is all on the record. So, yes, I have my reasons to be very skeptical about being bullish on Bitcoin even though it has broken past the key psychological level of $10k. However, what may...

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