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Bitcoin News Roundup for Feb. 10, 2020
With bitcoin's move up to $10,000 taking a well earned breather, Markets Daily is back with our bitcoin roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Feb 10, 2020, 5:37 p.m.
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STORY CONTINUES BELOW
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Today's news:
Bitcoin Breaks Above $10,000 in Spot Market
Ukraine Won't Regulate Crypto Mining, Government Ministry Says
New Crypto Exchange Altsbit Says It Will Close Following Hack
Chinese Crypto Investment Firm Asked to Remove London Underground Ads
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Fidelity's Jurrien Timmer: Expect lame 2026 as four-year bitcoin cycle appears intact
The director of global macro at the asset management giant remains a secular bull on bitcoin, but isn't optimistic about the next year.
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- A number of notable market analysts of late have dismissed the idea of bitcoin's four-year cycle and the nearly certain bear market that might imply.
- Fidelity's Jurrien Timmer, however, says the action so far this time around lines up about perfectly with past four-year cycles and the current bearish action should last deep into 2026.
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