Bitcoin (BTC)

Just yesterday, Live Bitcoin News put out an article discussing all the analysts out there who seem to think that bitcoin is getting ready for a big comeback and that the currency could potentially overtake USD at some point. Billionaire investor and “bond king” Jeff Gundlach is not one of those people. Jeff Gundlach Is Not Confident in BTC In a recent interview, Gundlach says that bitcoin is likely to fall another 27 percent, thereby making 2021 the new 2018 in official...

XRP/USD – XRP Breaks June Price Channel Key Support Levels: $0.556, $0.515, $0.5.Key Resistance Levels: $0.61, $0.7, $0.757. XRP fell as low as $0.515 this week during the BTC spike beneath $30K. It quickly rebounded from there to break above the 2018 high at $0.556 yesterday. Today, the price hike allowed XRP to break the upper angle of a descending price channel. The cryptocurrency has been trading inside this price channel since the start of June. It made numerous attempts...

Global X Bitcoin Trust ETF will reflect the performance of the price of Bitcoin minus the accrued expense of the trust.Pressure for the United States SEC to approve Bitcoin ETF is pulling up. New York-headquartered Global X firm that has Asset Under Management (AUM) of up to $35 billion as of July has filed for a Bitcoin ETF with the US SEC. According to the SEC filings shared on the internet, the Global X Bitcoin Trust will be traded on the Cboe BZX Exchange Inc.Global X Bitcoin...

Trevor George Smith Jr., better known for his stage name Busta Rhymes, is now officially a Bitcoin holder. He broke the news in a tweet following yesterday’s discussion between Elon Musk, Jack Dorsey, and Cathie Wood. CryptoPotato reported earlier in July that Busta Rhymes is looking into the cryptocurrency market. It took him less than a few days to officially become a Bitcoin HODLer. Today, he broke it to his 3.8 million followers that he’s bought BTC and that he’s looking...

The RIF Multisig is the first-ever multisig crypto storage solution designed for RSK and the Bitcoin DeFi ecosystem.The RIF Multisig project, whose objective is to provide a safe and simple solution to cryptocurrencies wallets creation, has made its debut by IOV Lab’s unveiling it as its partners. RIF Multisig is the first-ever multisig crypto storage solution designed for RSK and the Bitcoin DeFi ecosystem.The project, which offers the RSK community a safe and simple solution to create...

EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $3.55 and $3.75 resistance levels in the near term. EOS price is showing positive signs above...

Trois sociétés françaises ont été ajoutées mardi à la liste des Prestataires de Services sur actifs numériques (PSAN) enregistrés auprès de l’Autorité des Marchés Financiers (AMF) : – Trakx, qui s’adresse aux investisseurs institutionnels, est enregistré en tant que plateforme de négociation pour la conservation, l’échange, l’achat et la vente d’actifs numériques. – Dux reserve, startup 100%...

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...

While being skeptical about offering bitcoin investment options to its clients, the American multinational investment bank JPMorgan Chase & Co has admitted that demand for the asset class has increased significantly. Growing Demand for Bitcoin In a recent interview with Bloomberg, Mary Callahan Erdoes, JPMorgan’s director of Asset and Wealth Management, noted that most of the company’s clients view bitcoin as an asset class. To maintain its client base, Erdoes stated that...

Bitcoin has endured a rather dramatic fall over the past few months, but for many analysts, the world’s number one digital currency by market cap is not entirely down for the count yet. Bitcoin May Be Getting Ready to Make Its Triumphant Return Bitcoin hit a new all-time high of roughly $64,000 per unit by mid-April of 2021. The currency seemed unstoppable until suddenly, it began experiencing a rough period of heavy drops that about two months later, brought its value...