Bitcoin News
By Steven Anderson
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The price of the Bitcoin went down by8% on Wednesday, thereby falling down to a five day low. The price was at $9,936. ETH and Ripple as well fell by 7%.
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Mark Mobius, legendary investor calls cryptocurrencies "psycho currencies." He opines that the coming of these asset types will push the price of gold and other hard assets…
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Earlier Mobius supported cryptocurrencies and stated that cryptos fulfil the desire among people to be able to transfer money confidentially and efficiently, and therefore he…
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Despite all this, Bitcoin is continuing with its reputation as a safe-haven asset, and this trend has been ignited by the Dovish policies of the Central Banks.
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"Bitcoin has the potential to perform well over the course of normal economic cycles as well as liquidity crises, especially those involving currency devaluations [...
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Ethereum is awaiting its crucial next break. ETH has started with a downside correction, and it has tested the $202 resistance area versus the USD.
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Ripple has been bearish for over a day now with the price reaching below its critical support at $0.27.
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Tron is now tumble trading down to its previous lows. The $0.20 demand zone has been tested twice.
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Rakuten, Japan is launching its crypto exchange, and users can now buy, sell and exchange ETH, BCH, and BTC.
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