What Bitcoin Did #111 – Bitcoin and Financial Markets with Travis Kling

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After watching the worth of Bitcoin going via its roughest month for seven complete years, many within the area seem

 · - Travis Kling (@Travis_Kling) June 27, 2019 Trade wars, especially the one currently raging between China and the United States, should catalyze interest for BTC . While it’s still unclear whether or not Chinese investors are pushing Bitcoin higher, many are sure that money from the region is finding its way into the cryptocurrency.

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If Bitcoin were dying, hedge funds wouldn’t keep pouring money into its exchanges. In fact, notable hedge fund manager travis kling believes crypto will become a “multi-trillion dollar asset”. Investments in crypto are so big that a single hedge fund injected USD 20 billion in a new service by Coinbase.

Bitcoin stays strong on Tuesday. The first digital coin broke ,000 and touched $8,187 late on Monday before retracing towards $8,8030 by the time of writing. Notably, Bitcoin’s market share.

2 days ago · According to a recent report, a lawsuit of approximately $22.5 million has been filed against Hapoalim, an Israeli bank, by an unnamed investor for its refusal to accept deposits of profits earned from Bitcoin (BTC). The complaint against the financial institution is being filed as a class-action suit, and the investor has revealed his intention [.]

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 · Bitcoin Rally May Slow Soon. CNBC (or its analysts anyway) suggests that Bitcoin (BTC) may soon see a pullback after a jaw-dropping six weeks, during which the asset moved from $4,200 to $8,200.In a “Futures Now” segment aired on Thursday, Anthony Grisanti of GRZ Energy suggested that Bitcoin failing to hold well above $8,000 for a serious stretch of time is not the best sign.