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Strong Dollar Spells Trouble For Bitcoin (BTC) And Other Cryptocurrencies

The US Dollar (USD) has been in a steady uptrend against the Euro (EUR) since the beginning of the year. The daily chart for EUR/USD shows that the Euro has printed lower highs and lower lows for the most part as it declined against the Dollar. EUR/USD continues to be in a downtrend and President Trump seems to have no interest in resolving the US-China trade war situation. In fact, it has been worsened with recent developments and it is becoming clear that the United States wants a strong Dollar. EUR/USD is currently trading in a large descending triangle that...

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You Could Be As Rich As John McAfee

The ultimate goal for many cryptocurrency investors is of course to become as rich as major cryptocurrency players such as John McAfee. Of course, McAfee did not initially build his riches through cryptocurrency, it all started with computer software, however now McAfee is considered as one of the world’s most valuable players within cryptocurrency. He’s also considered as one of the most controversial, so, his latest statements on social media might not come as much of a surprise. It turns out that actually, if you own as little as $1.00 worth of Bitcoin, or even $1.00 in FIAT currency, you...

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Here’s What You Need To Know If You’re Unsure About Bitcoin

It’s hard to know if Bitcoin is really for you isn’t it. If you’re an investor with a big chunk of your own money in Bitcoin, or another cryptocurrency then you’ll know that indeed, Bitcoin is your jam, but for many new and aspiring investors, cryptocurrency on the whole can be quite an intimidating industry, something that many want to be a part of, but they aren’t sure if they are ready to indulge. So, how can you tell if Bitcoin is really for you? Our first advice would be to make sure you have the money to invest. As...

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Is This The End of FIAT Currencies?

FIAT currency is the term used to describe centralised media for value exchange and generally refers to sovereign currencies such as the British Pound, the Euro and the United States Dollar. Historically though, the use of gold and salt would also have been considered as a FIAT currency when it was under the control of a central body. The difference that cryptocurrency has here and one of its many advantages is that crypto is not controlled by a central body – what does this actually mean though? The problem with FIAT currency is that when we spend it, it needs...

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Why You Need A Crypto Hard Wallet NOW To Protect Your Crypto Investments From Imminent Exchange Hacks

Every day is a struggle for the average crypto investor. They’re putting lots of time and effort into researching and acquiring cryptocurrencies with every little bit of extra savings they can stash away. Then there is the question of which exchange to sign up with. Do you go with bigger exchanges with massive security infrastructure in place like Binance or Coinbase? Maybe you go to localbitcoins? But what happens if one of those exchanges is hacked, or evenworse, your coins are stolen? As crypto adoption starts to trickle into the mainstream, we need to consider these kinds of worst case...

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