Trade Wars or Whales? What’s Behind the Bitcoin Price Surge

With all the talks of retaliatory trade wars, turmoil in Hong Kong, and global markets on the downswing, it’s hard to pinpoint why crypto prices are surging at the moment. But Tom Maxon, CoolBitX’s head of U.S. operations, believe it has less to do with macro conditions and more to do with whales taking advantage of the market momentum.   Tom Maxon, Head of U.S. Operations, CoolBitX, an international blockchain security company specializing in digital asset compliance hardware and software:   While markets are in turmoil around the globe, the…

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Bitcoin price surging past $650!

The Bitcoin price is surging upward and broke through the $650 mark! We see an increase in liquidity which is fantastic news. It has been reported that on the 15 November 2016, 2,2 million bitcoin were traded… fast forward to one week later, a volume of 4,5 million bitcoin were traded. However, this is not a true reflection on what is being traded on a daily basis globally as these numbers are just the amount of bitcoin traded via exchanges. There are huge volumes traded peer to peer that are…

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Bitcoin price surge… the reasons why

Today we talk about the bitcoin price sure over the weekend of 12/13 June 2016… and what the possible reasons are. We also introduce a new awesome social media platform where bloggers get PAID for blogging! check it out http://steemit.com/ Here are the 5 factors according to Coindesk: Full story: http://www.coindesk.com/five-factors-driving-bitcoin-price-demand/ Fear of a ‘Brexit’ Miner reward halving Blockchain rising Inflows and demand China concerns   We discuss the factors in the video below: – Collect Your Free PDF – The Bitcoin Believers Business Manifesto Please leave your comments below  

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