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Iran Tensions Put Bitcoin In The Spotlight; Ernst & Young Bets On Public Blockchain
Bitcoin was along for the ride this week as tensions between the U.S. and Iran alternately escalated and deescalated, moving sharply higher to almost $8,500 after news reports of Iran’s missile attack on U.S.-led forces in Iraq early on Wednesday, then falling back to just under $8,000 following President Trump's comments downplaying the situation. Predictably, bitcoin followed other traditional safe-haven assets, including gold and the Japanese yen. At the beginning of the crisis, it was widely reported that the bitcoin price in Iran had soared to around $24,000—this was based on a common misunderstanding of ... (full story)
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- Edited 4:21am Jan 13, 2020 3:46am | Edited 4:21am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3437 Comments
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- Edited 5:33am Jan 13, 2020 4:11am | Edited 5:33am
- TudorIoan
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- Jan 13, 2020 12:48pm Jan 13, 2020 12:48pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Edited 1:19pm Jan 13, 2020 1:00pm | Edited 1:19pm
- TudorIoan
- Joined Dec 2015 | Status: Member | 3437 Comments
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