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Tag Archives: Bitcoins

Best Bitcoin Faucets to Earn Free Bitcoins in 2019

With Bitcoin having already carved out its majority share of the blockchain market cap, purchasing BTC is generally a person’s introduction into cryptocurrency. However, not everyone is comfortable purchasing Bitcoin or other cryptocurrencies on an exchange. And, for some, depending on their geographic location, they might not have access to an exchange at all. Cue Bitcoin faucets, a straightforward and ...

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The Real Reason Behind Bitcoin’s Price Crash Revealed

Bitcoin investors in the United States are selling off their crypto to pay off capital gain tax. First-time investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017. Reports show that they are now selling off quickly before they file their April taxes. You’ll recall that the IRS made an announcement in 2014 ...

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Bitcoin’s epic plunge continues | East Idaho News

Paul R. La Monica, CNN Business Technology   Published at 11:36 am, December 8, 2018 | Updated at 11:45 am, December 8, 2018 (CNN) — What a difference a year makes for bitcoin. In December 2017, bitcoin prices hit a record high of just under $20,000. Flash forward to December 2018 and bitcoin is ...

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Why 2019 Could Be Bitcoin’s Biggest Year to Date

Will bitcoin once again be the dominant cryptocurrency in 2019? According to some analysts, the answer is a solid “yes.” Bitcoin is the oldest cryptocurrency around, and likely stands as the world’s favorite. The asset peaked at nearly $20,000 in December of last year, sparking many new investors to become involved in the crypto space. Exchanges like Coinbase were adding ...

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Bitcoin’s Having Another Bad Day in a Very Bad Month

Hopes that Bitcoin was starting to rebound dimmed Monday as the cryptocurrency suffered another steep drop, losing nearly 7% of its value in midday trading. Bitcoin fell as low as $3,790.96, according to data from CoinMarketCap, before rebounding slightly on Monday. It’s another bad day in what has been an absolutely miserable stretch for Bitcoin. On Nov. 3, the digital ...

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Bitcoin’s successor? More consistent values might make ‘stablecoins’ a safer cryptocurrency option

Bitcoin has plunged from a high of almost US$20,000 in December 2017 to as low as US$3,675. So it’s understandable that some cryptocurrency users might be looking for more stability. With the future of Bitcoin and other cryptocurrencies uncertain, a possible new solution known as “stablecoins” has emerged. This cryptocurrency aims to hold its value better than others, which could ...

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Grayscale’s Bitcoin [BTC] Investment Trust holds 1.16% of total Bitcoins in circulation

Bitcoin Investment Trust sponsored by Grayscale Investments, LLC aka Grayscale, according to the recent research by Diar shows that the trust has been accumulating Bitcoins in 2018 despite the brutal bearish market. Grayscale Bitcoin Investment Trust [GBTC] kicked off the month of December under $1 billion for the first time since its inception in 2013. According to their research published ...

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Bets Against Bitcoin’s Price Hit a 6-Week High

The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday. At press time, BTC/USD short positions on the cryptocurrency exchange Bitfinex jumped to 37,891 – the highest level since Oct. 15 – and were last seen at 36,996. Notably, shorts have risen by 95 percent in the last three weeks, accompanying BTC’s recent drop ...

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How to buy Bitcoins and Where

Bitcoin [BTC] and other cryptocurrencies are growing in popularity across the world. These cryptocurrencies use peer-to-peer technology to operate outside of the traditional banks and manage transactions that could not be covered by any other payment system before. There are many ways to use these cryptocurrencies including buying and selling. When trading there are two things you need to get ...

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When Bitcoin’s Price Breaks Down, It Follows a Pattern

When trying to predict the future price of bitcoin, it’s impossible to do so without first looking at its past. No matter how it’s examined, the cyclical nature of bitcoin’s price action can’t be ignored especially when considering its notorious “boom and bust” cycles. If the latest plunge below the long-lasting support level of $6,000 after an explosive rise to ...

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