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Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?

On July 18, the bitcoin price experienced an abrupt surge from around $9,300 to $10,500 as the crypto market rebounded, rising by well over $1,000 within minutes, as CCN reported. Following the sudden upside movement, technical analysts still generally remain cautiously bearish towards the short term trend of the dominant crypto asset due to its…

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Jeff Bezos Should Be at the Wheel of Libra: ‘Bitcoin Billionaires’ Author

The writing is on the wall that Mark Zuckerberg has completely botched the planned Libra rollout. Even if the digital currency ever sees the light of day, it’s not likely to be within Facebook’s own timetable of 2020. And the coin already has a stigma attached to it thanks to the shellacking that Congress gave…

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Altcoins Back on the Rise With Litecoin Leading the Charge

The crypto markets are once again back on the rise with litecoin ( LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap. The price of bitcoin ( BTC) jumped by more than $1,000 in the expanse of 30 minutes yesterday, with the rest of the market following suit, rising between 5-20 percent, while Litecoin ( LTC) outperformed…

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Ethereum Price (ETH) Breaks $220 While Bitcoin Rallied 10%

ETH price started an upside correction and traded above the $210 resistance against the US Dollar. The price gained traction above the $220 level and even traded close to the $230 level. This week’s followed key bearish trend line is acting as resistance near $230 on the hourly chart of ETH/USD (data feed via Kraken).…

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Bitcoin Volatility Surges Since February of 2019; Is Another Big Move Imminent?

There’s no question that the past several months have been a wild ride for Bitcoin and the aggregated crypto markets, with BTC surging from 2019 lows of roughly $3,400 to highs of $13,800, which has proven to be a strong level of resistance in the time since. This meteoric rise, and subsequent drop, has marked…

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