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In summary:Bitcoin is exhibiting a good level of bullishness above $11kHowever, Bitcoin’s correlation to stocks and gold could be a bad thing with the US elections two weeks awayA drop in the stock market and/or gold could mean a similar fate for Bitcoin in the short termThe end of the
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For many years, investors have been arguing if Bitcoin is better than gold. The leading cryptocurrency has long
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According to analyst Lyn Alden, the answer depends on bitcoin’s own cycle.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. Subscribe to Blockchain Bites, our daily update with the latest stories.SubscribeBy signing up, you will receive emails about CryptoX products and you agree
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Bitcoin has seen muted price action over the past few days after plunging from the $10,900 weekly highs
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The United States is sarcastically called a “third world country in a Gucci belt,” and things seem to be getting worse.The recent presidential debate between Donald Trump and Joe Biden doesn’t give the American people much hope for responsible and cohesive leadership any time soon.Investors should consider buying gold as
Read MoreRecently, the United States Internal Revenue Service caused a stir in the crypto community when it put a bounty on the head of anonymity-focused crypto-asset Monero (XMR), offering $625,000 to anyone who could effectively track the purportedly untraceable asset. As the crypto and blockchain industry values anonymity and privacy, questions
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Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy
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A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals. Source
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Bitcoin has slipped below crucial support levels after peaking at $11,200 last week. The coin now trades at
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It’s pretty much guaranteed at this point that higher inflation is coming. The Federal Reserve, which has already printed about $3 trillion of new money this year, is now explicitly devoted to reducing the dollar’s purchasing power in a bid to revive the economy. Higher inflation also typically happens when a country gets laden
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