In the past, this event has coincided with a strong run-up in the bitcoin price and has lead to pre- and post-halving.
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3,680.5366 – 12,233.2686. The Crypto Daily – Movers and Shakers – 16/02/20. It’s been a choppy weekend, with Bitcoin giving up on $10,000 to bring down the pack. A move through to $10,100.
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Bitcoin has dropped suddenly and shed hundreds off its price following a report that Satoshi Nakamoto may have moved part of.
XRP is the cryptocurrency used by the Ripple payment network. Built for enterprise use, XRP aims to be a fast, cost-efficient cryptocurrency for cross-border payments. Official website. Ripple sent $54m in XRP to Mexico in just one week. Pushing this level of volume through popular remittance routes has made Ripple a top-100, cross-border.
A halving takes place every four years and results in the number of new Bitcoins issued every 10 minutes by the Bitcoin.
I think the FTSE 100 (INDEXFTSE:UKX) offers a more attractive long-term growth outlook than assets such as Bitcoin and gold.
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