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Thursday, December 21, 2017

UBS: Bitcoin 'has all the hallmarks of a bubble'

LONDON — UBS has reiterated its view that bitcoin, and wider cryptocurrency markets, are in a bubble. The Swiss investment bank said in its weekly "House View" note: "We believe this has all the hallmarks of a bubble. High turnover, against limited real-world use, suggests that many buyers are ...

from Google Alert - Bitcoin http://ift.tt/2BXu7Da

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