Today's Hot Topics

BTC: Will Facebook Be Bitcoins Downfall?

Let’s take a look back into 2008 during the financial crisis, one of the biggest bouts of economic chaos since the great depression in the 1930s. During the financial crisis of the last decade, there was a big depression caused by distrust amongst bankers which almost saw the western world sink into the depths. With this now firmly behind us, we can appreciate the significant role bankers have played in the evolution of money. While they given society means to embrace money, bankers have also taken advantage of the loopholes and weaknesses in the present financial system to better themselves...

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What If Bitcoin (BTC) Is About To Top Out?

Bitcoin (BTC) has started to show weakness just when everyone expected it to rally higher. A quick glance at the top twenty cryptocurrencies shows us that there is blood on the streets. Now, one could argue that this is just the market cooling off before the next run up but let us not forget that the price has been at major risk of a sharp decline for weeks. The Fear and Greed Index is down only one point from yesterday but sentiment does not take time to change in this market. Taking a look at Crypto Daily Indices, we can...

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Cryptocurrency: Will BTC See Further Momentum?

Over the past week or so, cryptocurrency has boomed. For some, this came as a shock surge but for others, it was a well overdue growth that was market needed/needs. The valuation of the crypto market has increased from $252 billion to $288 billion by more than $36 billion as the price of Bitcoin climbed towards the $9,400 on some of the biggest exchanges out there such as Coinbase and Bitstamp. According to traders, Bitcoin has been “extremely bullish” over the past few weeks and based on technical indicators, it is set to see resistance at around nine and a...

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How High Could Bitcoin Go?

Bitcoin (BTC) has been on a roll for the past few months but investors and traders are curious to find out if this rally can go on for long. There are some similarities to the previous market cycles as well that we discuss in this video. We have also analyzed factors that could influence the price of Bitcoin (BTC) and possible warning signs that tell us that this rally might be over. Let us begin with a market overview. If we look at the market, we can see that Bitcoin (BTC) is up, Ethereum (ETH) is up and other large...

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Weekly Roundup: BTC to $40k? Ripple Travels to Brazil & Ubisoft Shows Interest in Crypto

Welcome back to CryptoDaily’s weekly roundup! This week has been yet another exciting week for the world of cryptocurrency and blockchain and so today, we’re going to discuss Fundstrat’s Tom Lee who recently made a $40k Bitcoin prediction. We’re also going to talk about Ripple who have just expanded their operations to South America as well as how the gaming industry is making moves into the crypto space. Ripple Goes South Ripple, the company behind the XRP token has just opened up an office in Brazil in order to get more clients on board with RippleNet, the network for institutional...

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