Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentiment

Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentiment

Chris Kline, co-founder and COO at Bitcoin IRA, identifies the signs that lead him to predict Bitcoin price will reach USD $40,000 in the next few months. Kline: Bitcoin Price Might Surpass USD $40,000 by the End of 2018 Bitcoin’s (BTC) sustained steady rise towards the USD $7,000 price mark is causing investors to pore over data trying to identify indicators that can confirm whether the bearish trend is now reversing course. In a Forbes article,

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In Taiwan, A Politician Has Accepted The First Ever Bitcoin Donation

In Taiwan, Political Figures Advocate For Cryptocurrency

The lively political system in Taiwan continues to foster interest, discussion, and even the use of cryptocurrencies, as more people express an interest in technological innovation.  Officials in Taiwan have taken a marked interest in virtual currency and blockchain. Dialogue and discussion about both technologies has made its presence felt in the political sphere. In April, Bitcoinist reported that the Asian nation was set to introduce clearly defined digital currency regulations focusing on combating money laundering.

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First Bentley Bought With Bitcoin in the US

Bentley

Two weeks ago, Houston hospitality mogul, Tilman Fertitta, announced that his luxury car dealership would accept bitcoin and bitcoin cash. Well it seems like the market was ready for the move, as he has already found his first bitcoin customer. First Bentley Bought With Bitcoin Post Oak Motor Cars is a dealership for Rolls Royce, Bugatti and Bentley, along with a selection of high-end pre-owned models. It recently partnered with payment processor BitPay to “allow

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“Crypto Is Not Dead” Says Allianz Chief Economic Adviser

“Crypto Is Not Dead” Says Allianz Chief Economic Adviser

Despite the fact that the cryptocurrency market has lost over $600 billion of its capitalization since January, the Chief Economic Adviser of Allianz maintains that it’s not even close to being dead. “Crypto Is Not Dead” 2018 has been rough for cryptocurrencies as the total market shrank from near $800 billion in January to $199 billion at the time of writing. Bitcoin (BTC) has lost around 60 percent of its total value, while Ether, the

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More Crypto Exchanges Set up Shop in India Despite RBI Ban

Despite the RBI ban, there are reports of more cryptocurrency exchange platforms springing up in India. The country’s apex bank issued a directive in April prohibiting banks from facilitating crypto transactions. New Local Exchange Platforms Beginning in July, India’s banks must comply with the RBI crypto ban. However, just two days after the proclamation, CoinDCX announced that it was beginning operations in the country. The platform will even provide trade tracking services for Indians in rupees.

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