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How Untraceable is Bitcoin?

Over the last few years, Bitcoin has earned a reputation for itself as one of the most commonly used forms of currency when it comes to making anonymous transactions online. After all, online privacy is something that many people are becoming increasingly concerned about, and so Bitcoin has pretty much stolen the limelight in terms of offering a method of payment that supposedly cannot be linked back to you. But, does it really live up to the hype in terms of offering enhanced privacy? Find out the answer to that very question and a whole lot more in the following...

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Facebook Reviews Crypto Ad Regulations - Good or Bad?

Yesterday, 8th May, Facebook announced that they would be chilling out when it comes to their advertising ban on firms promoting products and services relating to crypto. This move comes as Facebook is allegedly getting ready to unveil their own cryptocurrency which will be utilised in some of its applications. A lot of enthusiasts raise the point that a Facebook-promoted digital asset would be in competition with the US dollar and other fiat currencies instead of Bitcoin. Others believe that the companies efforts to get involved with the crypto space has a lot of potential for adoption. Over a billion...

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Zebpay CEO Doesn’t Think India Will Proceed With Crypto Blanket Ban

The CEO of Zebpay, Ajeet Khurana has said that he doesn’t think that India would ban Bitcoin despite there being several reports in the media that the government is looking into a blanket cryptocurrency ban. Simultaneously, Zebpay is looking to expand into Australia which is a nation that seems eager to increase the adoption of cryptocurrency. During the announcement, Khurana characterised the current fears of a Bitcoin ban in India, which is just around the corner, as unfounded. The CEO said: “I must tell you that I have heard of this in general business media outlets however over the last...

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Bitcoin Makes it to $6k - Where do we go from here?

After one of the longest and worst bear markets in history, Bitcoin has finally surged above the $6,000 mark. It feels so good to be able to say that. Yes, you read that right, the leading cryptocurrency has risen above $6k on the majority of cryptocurrency exchanges which is the first time in almost six months. Yesterday, it seemed that  Bitcoin was going to stay below $6k for a while following the security breach on the Binance crypto exchange but no! Instead, Bitcoin did something even more unpredictable by surging above a key resistance level. Before we go any further...

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Sally Ho's Technical Analysis 9 May 2019

Bitcoin Bitcoin (BTC/USD) extended recent gains during today’s Asian session and is again with striking distance of testing the psychologically-important 6000.00 figure. There have now been several 240-minute bars with higher highs, higher lows, and higher closes, evidence of positive market sentiment. Today’s intraday high is right around the 76.4% retracement of the 6810.00 – 3128.89 range. Bids emerged around the 5865.36 level during the move higher, representing the 23.6% retracement of the move from 5512.00 to 5974.51. Another indication of positive sentiment relates to the Bids the pair found above the 5650.01 area, a recent relative high. Chartists are...

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