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Bitcoin Price Explodes to $7,500 as Tether Loses USD Peg

Crypto.com CRO

Bitcoin price surged 9 percent within hours as Tether started losing its grip on the USD-peg. The BTC/USD pair closed yesterday on a modest 2 percent gain in pennant formation action following the recent drop. Nevertheless, the couple started picking momentum during the early Asian trading session and jumped to as high as 7800-fiat from its previous low near 6300-fiat. At the same time, Tether's...

Global Economic Outlook: The US Dollar And Fed Rates Timing

With another Fed funds rate announcement due, today, 28 October, market uncertainty in anticipation of a rates hike "lift-off" is rising. Today's GEO looks at the implications of a rates increase for the US dollar and the dynamics the Fed's indecision to commit to a "lift-off" date. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World...

Coinapult Discounts Anti-Volatility Service "Locks" by 25 Percent

Price swings are a major hindrance on the average bitcoin user. It’s easy to fall asleep at night thinking the price will remain steady, only to wake up and realize that your bitcoins dropped $20 in value overnight. It’s one of the major reasons people decide to stay away from day trading bitcoins. The market it unpredictable on a level many traders have never seen before due to the unregulated...

"BitDollar": The United States and the Digital Future of Money

Bitcoin is not going away, and if anything it is growing into the mainstream at a consistent pace. Many American corporations, some of the largest corporations in the world, have spent 2014 endorsing Bitcoin, in spite of the drop in value. 2014 has seen nothing but price declines, but greater market acceptance in exchange. And it has even gotten the attention of the world's largest and most...

10 Ways Bitcoin is Better Than the Federal Reserve by the Activist Post

Eric Blair of the Activist Post has written an excellent article denouncing the Fed and upholding the values of Bitcoin. Just an excerpt from the post that you should go read. Voluntary: Bitcoin is voluntary, whereas Federal Reserve notes are enforced at the barrel of a gun domestically and by a vast military complex abroad. Yet, no army can stop an idea whose time has come. Americans now have a...

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