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Bitcoin Hits $3,550 as Report Finds Binance and Bitfinex the Only Non-Inflated Exchanges

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Global crypto exchange king Binance and the controversial Bitfinex are the only two exchanges in the top 25 not wash trading their Bitcoin trading volumes. This is according to a report by the Blockchain Transparency Institute. The report unearthed massive volume manipulation and misrepresentation on major exchanges including OKEx, CoinBene, HitBTC, Huobi and Bithumb. On … Read more

Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee

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Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. In a note to Bloomberg today, Lee further refused to delve into his Bitcoin prediction … Read more

Bitcoin Recovers $3,500 As Weiss Ratings Reveals This Is The Best Time To Invest

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Bitcoin has recovered its $3,500 support level after seeing slight losses to trade just above $3,400. In the past 24 hours, the currency has gained a modest 1.76 percent to trade at $3,500 on most major markets. On Bitfinex, the currency was trading at $3,538 at press time. Most of the other cryptos have seen … Read more

Bitcoin Falls below $3,600 As Onslaught by Mainstream Media Continues

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Bitcoin has once again failed to sustain its price at the crucial $4,000 level, shedding close to 10 percent in just a day to fall below $3,600 level on some key markets. The currency was trading at $3,660 at press time, but on some markets such as the dominant BitMEX, the currency had dropped to … Read more

Bitcoin Maintains Its Stellar Start in December, Stays Above $4,150

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After having its worst month in seven years, Bitcoin has kicked off December with resilience and resolve. The currency began the month trading just below $4,000 but it quickly shot up to claim the level and hasn’t looked back since. At press time, Bitcoin was trading at $4,150. The currency dropped from its monthly high … Read more