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Archive for July 2019

Bitcoin Cannot be Banned, But Can it Be…?

On Tuesday, Senate Banking Committee Chairman Mike Crapo said that the US couldn’t technically ban Bitcoin, given that it is a global innovation. However, in theory, there does exist a handful of ways to kill Bitcoin. US Politicians Agree that Bitcoin is Unbreakable Yesterday, the US Senate Committee on Banking, Housing and Urban Affairs discussed…

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Bitcoin Is ‘Ludicrously Underpriced’: Ex-Goldman Sachs Exec

Bitcoin’s market cap could explode to $8 trillion even under conservative estimates, former Goldman Sachs executive, Raoul Pal has said.  Bitcoin Market Cap To $8 Trillion? Speaking during his appearance on the Stephan Livera Podcast July 29, Pal, who is founder and CEO of Global Macro Investor and Real Vision Group, suggested the potential for…

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Bitcoin Bull Run ‘Hasn’t Started,’ Says Analyst After New Peter Schiff Remarks

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise. Schiff: Bitcoin Volume ‘Much Lower’ Than 2017 As a Twitter discussion which began July 29 revealed, Schiff, who is well known as a cryptocurrency skeptic, claimed Bitcoin’s 2019 bull run produced…

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BitMEX CEO Arthur Hayes Goes AWOL Amidst CFTC Probe

An otherwise active social media personality, BitMEX CEO and co-founder Arthur Hayes has gone silent on Twitter for more than two weeks. Is it due to the ongoing CFTC investigation?  His disappearance coincides with a probe launched by the Commodities Futures Trading Commission (CFTC) against BitMEX. The US futures regulator is investigating whether or not…

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