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A great example of this can be derived from your Cyprus banking crisis, exactly where The federal government seized funds. This prompted conversations on no matter whether Cyprus must adopt Bitcoins as their new currency.

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Every time a authorities releases official statements regarding the regulation of electronic currencies, the price of bitcoin is normally influenced. Even though the actions of that federal government are not associated with the Digital currencies straight, the influence will however be felt.

I've found a major spike in price that comes about frequently in the evening in this article (morning for Chinese customers).

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