Bitcoin price charts reveal an inverse correlation to the S&P 500 index over the past two years at times, and particularly during summer 2019. In many ways, Bitcoin (BTC) and the crypto markets as a whole live somewhat independently from traditional markets. The global crypto space never sleeps, operating at all hours of the day […]
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Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels. Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether […]
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The potential loss of Libra could be Bitcoin’s gain as the Facebook-led crypto project faces increasing regulatory challenges. Facebook’s dream of being a cryptocurrency giant is seemingly becoming more distant by the day, as increasing regulatory uncertainty continues to jeopardize the company’s Libra project. While Libra has been surrounded by anything but good news even […]
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Crypto trader and on-chain analyst Philip Swift explains how blockchain data points to a new Bitcoin all-time high and how it can be used to enhance short and long-term trading strategies. Since dropping from its 2019 high at $13,800, Bitcoin (BTC) has been in a rut which has led to the price retracing roughly 43% […]
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On-chain data and Bitcoin’s on-balance volume indicator (OBV) suggest retail and institutional investors are quietly accumulating more BTC. Bitcoin (BTC) finished a volatile week at $8,282 which is a 5% increase for the week but still 6% away from the highs of over $8,800. This morning, Bitcoin took another knock at opening, trading slightly lower alongside […]
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VanEck’s new research “The Investment Case for Bitcoin” argues that exposure to BTC greatly increases a portfolio’s return. Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside. On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the […]
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Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile […]
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Well-known BTC proponent Samson Mow believes that off-chain scaling will take the pressure off Bitcoin’s blockchain in the coming years. The chief strategy officer at Bitcoin (BTC) technology firm Blockstream has said that the current block size capacity may not even be needed in the future. Speaking in an interview with industry news outlet Decrypt […]
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The latest rumors of Facebook’s digital currency losing members come after PayPal failed to attend a key meeting. Payment processor PayPal has sparked fresh concerns that it has cold feet about joining Facebook’s Libra digital currency. Libra “Pre-work” is not enough for PayPal As news agency Financial Times reported on Oct. 3, PayPal did not […]
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Bitcoin bounces back from the drop to $7,800 but bulls are unsure whether the crypto market bottom is in? Bitcoin (BTC) price has had a volatile start to the week. Asia kicked off the trading week with a 4% selloff that brought Bitcoin price from $8,050 to $7,700. The ball was then passed to the […]
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