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Bitcoin reaches new 2019 high as cryptocurrency markets experience flash rally
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Bitcoin Price Reaches New 2019 High in Flash Rally
The cryptocurrency markets have suddenly and somewhat unexpectedly jolted to life in the past couple of hours. Notably, the cryptocurrency market as a whole has surged over $30 billion as the Bitcoin price reaches its new 2019 high. Crypto markets surge, Bitcoin price reaches new 2019 high The last week has seen Bitcoin consistently trade around an $8,000 level. Some believed the cryptocurrency markets were in cool-down mode, consolidating their…
Facebook releases Libra crypto, Libra Association
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Facebook’s Globalcoin is ”Wildly Important” for Crypto But No Threat to Bitcoin
The past week has seen a flurry of reports detailing Facebook‘s “Globalcoin” – the social media giant’s upcoming cryptocurrency. Now, Galaxy Digital’s CEO Mike Novogratz has offered his take on the rumors surrounding Facebook’s Globalcoin. Facebook’s Globalcoin will further validate the crypto industry Novogratz appeared on the popular CNBC segment “Squawk Box” to dissect the potential Facebook cryptocurrency. Toshi Times recently covered how Facebook has reportedly held talks with Coinbase…
Decision on VanEck Bitcoin ETF delayed
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US SEC Delays Decision on VanEck Bitcoin ETF
The US Securities and Exchange Commission has, once again, delayed its decision on a potential cryptocurrency-based exchange-traded fund. This comes as the latest in a series of delays in relation to crypto ETFs. A decision on the VanEck Bitcoin ETF has been a long time coming The Securities and Exchange Commission (SEC) made an official filing on May 20th, acknowledging the delayed decision. Furthermore, the SEC announced that it would…
The rising Bitcoin price could signal a looming 2019 recession, according to Bank of America CIO
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Bank of America CIO Says Bitcoin Investments Signal A Looming Recession
The chief investment officer at Bank of America Merrill Lynch, Michael Hartnett, has recently caused a bit of a stir. Specifically, Hartnett has come out and said that the recent rise in the price of Bitcoin is a sign of a looming recession. Rising crypto prices indicate a looming recession  This news came in a fresh Business Insider report. In it, Hartnett detailed how investors have recently been flocking to…