Stocks tumbled earlier this week as the US-China trade war escalated again. Meanwhile, Bitcoin continued the climb that started earlier this spring. CNBC initially made the connection and suggested causality.
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After nearly half a year of little variation in prices, Bitcoin has suddenly surged to US$5,000 on 2 April. This represents a 20% increase in a matter of hours. And the reason behind this price increase is a massive order…
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Some Bitcoin investors have been dismayed by the decision of Cboe BZX Exchange to withdraw the ETF application. This application fuelled great hopes for crypto supporters, after SEC rejected several similar Bitcoin ETF proposals during 2018. However, according to financial…
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A study conducted by the Bank for International Settlements (BIS) found that cryptocurrency price variations are closely correlated with various regulatory actions taken by authorities reported in the news.
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Venture capitalist and angel investor Tim Draper predicted on 12 April that the Bitcoin price would reach US$250,000 by 2022. He announced his prediction at a ‘block (chain) party’ organized at Draper University. He founded the institution, located in San Mateo,…
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Anyone who has spent some time perusing various online crypto communities has likely heard the catchphrase, “buy the dip”, or it’s more explicit cousin, “buy the f***ing dip”, often abbreviated to BTFD. In the most general sense, this sums up…
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Twitter, Reddit and various online cryptocurrency forums have taken to referring to the first month of 2018 as “black January.” Memes of the Titanic sinking, bloody battle scenes, and Game of Thrones characters warning us all that “Winter is coming”…
Read moreApproved by Archax Ltd on 7th October 2023
