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BTC/USD Drawn to 11631 and 11429: Sally Ho's Technical Analysis 28 August 2020 BTC

Bitcoin (BTC/USD) continued to lack a clear upward conviction early in today’s Asian session as the pair continued to orbit the 11429.33 area, representing the 23.6% retracement of the recent depreciation from 12486.61 to 11102.73.  Buying pressure emerged just above the 11272.86 area during yesterday’s North American session, representing the 23.6% retracement of the recent depreciation from 11823.62 to 11102.73.  Other nearby areas of recent technical support include the 11248.08 and 11236.14 levels, representing the 76.4% and 78.6% retracements of the recent appreciation from 11120.00 to 11662.72.  During the pair’s recent pullback from multi-month highs, Stops were elected below the 11642.05, 11603.11,...

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Crypto Market is Now Engaging the Air Travel Sphere 

The air travel industry has been one of the slowest markets to embrace cryptocurrencies. However, that has now changed over the last couple of years with many travel companies starting to accept cryptocurrency payments. The air travel industry has been one of the slowest markets to embrace cryptocurrencies. However, that has now changed over the last couple of years with many travel companies starting to accept cryptocurrency payments. However, there are milestones to be covered before full deployment in the air travel industry can begin.  Currently, Air travel experts are looking at the possibility of using smart contracts to improve...

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An exciting speech from federal chairman Jerome Powell could get information on the future of the dollar 

Where will the dollar go in the future following COVID-19?  Federal Chairman Jerome Powell set to give a speech on the future of the dollar Jerome Powell, the chairman for the Federal Reserve in the United States is set to give a speech this week to provide a reminder on just how monetary entities are accelerating on the back end of the coronavirus pandemic which has disgraced much of the world. Looking back into this time last year, Mark Carney, the then Bank of England governor delivered a speech at the annual Jackson Hole economic symposium in Wyoming gave a...

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Exciting developments at Fidelity as a new bitcoin fund has been filed for launch

Fidelity, one of the biggest and best-known asset managers on the globe has more than $8 trillion in customer funds.  With this in mind, a writer for Forbes, Michael del Castillo recently broke the news that the company had registered a new fund dedicated to bitcoin. Fidelity, one of the biggest and best-known asset managers on the globe has more than $8 trillion in customer funds. With this in mind, a writer for Forbes, Michael del Castillo recently broke news that the company had registered a new fund dedicated to bitcoin. The President of Fidelity and a director of digital...

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Democrats request Trump to reveal more information on the recent $2 million bitcoin seizure from terrorist organisations

Democrats in the United States house have allegedly asked Donald Trump to provide more details on the recent seizure of Cryptocurrency connected to major terrorist organisations. Specifically, United States representatives Josh Gottheimer and Emanuel Cleaver requested that this information be revealed in regards to the seizures. Democrats in the United States house have allegedly asked Donald Trump, the President of the United States, to provide more details on the recent seizure of Cryptocurrency connected to major terrorist organisations. Specifically, United States representatives Josh Gottheimer and Emanuel Cleaver requested that this information be revealed in regards to the seizures. Around a...

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