Will the Sky Fall in on UK from Brexit Vote Results?
The people of the United Kingdom have historically voted to leave the European Union making it the first state in the block to do so. I believe the vote to leave was more about getting out from under the dictatorship of the unelected bureaucrats in Brussels who are lording their laws across the continent with little regard for its citizens than a separation from the countries of Europe themselves. This vote has the potential to rock the European Union at its core with speculation now mounting as to which country or countries will be next. Brexit fever has spread across Europe with Italy,....
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The Brexit referendum results are out. With the majority voting to Leave, the global markets have dropped while the Bitcoin and Gold futures register a rise. We finally have some closure with regard to Britain leaving the European Union. The latest Brexit referendum has resulted in over 50 percent of the English voters choosing to leave the European Union against 48.1 percent. The results of Brexit referendum have put the whole bloc into turmoil as many were convinced that Brits would vote to ‘Remain’ instead of ‘Leave’. The resulting politico-economic indecision is being reflected in the....
Following Brexit, the digital currency is expected to rise and cross the $700 mark soon and maybe even touch $800. The value of Bitcoin has shown a significant increase from what it was a couple of days ago, following the Brexit Results. The digital currency, which was exhibiting healthy gains in the past few weeks registered a significant drop during the last weekend, only to get back on its feet after the Brexit results. Bitcoin is being increasingly referred to as a safe haven asset, along the same lines as gold. Both gold and bitcoin are financial instruments, but unlike other....
The British pound slipped around 8% on Friday last week after the Brexit vote; however, Bitcoin surged around 9% demonstrating that the cryptocurrency is detached from a centralized government allowing people ‘to preserve their wealth in a secure way.’ Since the Brexit vote, the British Pound has slipped in value and now stands at its lowest since 1985, prompting a rise in the number of anti-Brexit petitions. While the price of Bitcoin may be down to around $631, at the time of press, from $675 after the vote, the future of Bitcoin is still gleaming unlike the fate of the Pound. This....
The much-anticipated Brexit vote will be held this Thursday, June 23rd, with polls showing an almost equal amount of people in favor of remaining as there are people in favor of leaving the EU. This has created an environment of uncertainty, leading people to search for alternative ways to secure their wealth. Brexit Brings Uncertainty. American....
The bitcoin price is back up! Following a scary and wavering period of political turmoil and financial devaluation, bitcoin has returned to $670 USD and beyond at press time. Bitcoin is getting people excited again, and the reasons for the rise are likely due to several factors. For one thing, the Brexit vote has come to an end. Britain is leaving the EU, and while anti-Brexit petitions are in the mix, no move has been made on those yet. In that time, bitcoin encountered its heaviest drop in recent days, but trading among British investors and cryptocurrency hounds was at an all-time high,....