Bitcoin may has astonished critics across the globe with its nearly $2,000 run up in a single day, but there is one analyst that discounts any of its current movements or even the halving event next year. His premise is that a major run up will occur in roughly a year, as a result of…
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After a severe “head fake”, Bitcoin has once again climbed from the depths of lowly depression, confounded every analyst alive and their first cousin, and risen like a rocket, if 39% in one day satisfies that definition. Yes, the “King of Resiliency” sits upon its throne once more. Bitcoin had lost 10% in one day,…
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It is always amazing how any deflation in Bitcoin prices can bring out the skeptics in the crowd. After Bitcoin’s latest “Flash Crash”, analysts, who were afraid to show their faces for months on end, are now flooding the streets with dire predictions of another “Crypto Winter” or that government officials have finally signaled the…
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Parliament stymies Boris Johnson and his Brexit aspirations. Trade talks show no progress, and China releases worst economic data in three decades. A trio of news stories that could wreak havoc in financial markets and send capital fleeing for safe havens, but not to Bitcoin, at least not yet. The world’s favorite digital asset had…
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The FCA in the UK is to decide whether to ban crypto derivatives for retail investors or not. The UK government has come to the conclusion that it is time for the regulator to decide the fate of the crypto product. According to press, on the 21st of October, the Economic Secretary to the Treasury,…
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Economic news from China this past Friday was, in a word, “tepid”. For the first time in three decades, Chinese government officials are admitting that economic growth may decline below 6%. Foreign investment is already at 4.5% levels, suggesting there is not much in the pipeline that could boost data any time soon. The lagging…
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The Association of National Numbering Agencies (ANNA) has announced today the launch of a new Technology Taskforce (TF-22) on Digital Assets to help examine how ISINs may be able to help identify possible harmonisation of standards. TF-22 will examine the identification of digital assets such as tokens and cryptocurrencies, blockchain technology and its’ associated evolution…
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It has been three months since David Marcus, the titular head of Facebook’s Libra project, took the heat at Congressional hearings on Capitol Hill in Washington DC. As we reported at the time: David Marcus, Facebook’s lead for the Libra cryptocurrency and the sole representative designated to take the heat from an angry group of…
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In Bitcoin-Land, enthusiasts are always circling important dates on their calendars for events that could rock the crypto world, but no event commands the same respect, as does Bitcoin’s halving happening in May of 2020. In both 2012 and 2016, similar halving episodes gave rise to massive appreciation in the months that followed. Can the…
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Stephen Moore was nominated by US President Donald Trump to join the Federal Reserve of the country. The bid for the role, however, failed by several votes and Mr. Moore couldn't take the position. Stephen Moore is an economist and former campaign adviser. After his bid didn't come through, Mr. Moore has turned to manage…
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