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Tag Archives: Currency

Currency Hits $8,900 – The Merkle

At press time, bitcoin has swelled past the $8,900 mark, and it is expected to surpass $9,000 by early next week. Since yesterday, it has risen by over $100. In addition, the cryptocurrency market has jumped from roughly $324 billion to $385 billion since April 16, marking a $60+ billion spike in less than seven days. One of the reasons ...

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Currency Rises to $8,800 – The Merkle

The bitcoin price is now up by approximately eight percent since the beginning of the week. At press time, the currency is trading for over $8,800, and $9,000 by Monday seems like a done deal granted bitcoin can keep up its current momentum. “We believe that the ‘winter’ is ending for bitcoin,” say Fundstrat Global Advisors’ Tom Lee. “Headline risks ...

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A Virtual Currency That Can Contribute to World Peace Is Born!

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Some ...

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Expected Next In Line Fed President Claims Bitcoin Doesn’t Pass Test for a Currency

The current head of the San Francisco Federal Reserve Bank has become the latest to speak out against bitcoin and cryptocurrencies, claiming that they don’t pass the test for a currency. Cryptocurrencies Fail Test Speaking during a speech on Friday, John Williams, named to take over from William Dudley as the New York Federal Reserve president in June, argued that ‘cryptocurrency ...

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Currency Hits $8,500 – The Merkle

The price of bitcoin has shot up by roughly $300 in the last 24 hours, spiking from its previous $8,200 position. The news marks a massive turn away from the downward spiral bitcoin was enduring just over a week ago, when it’s price stood at a measly $6,600 – approximately 25 percent lower than where it currently sits. Naturally, the ...

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