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Bitcoin (BTC)

PayPal erhöht seine Bitcoin-Limits

Der online Zahlungsanbieter hatte im Oktober 2020 den BTC in sein Portfolio aufgenommen – zunächst nur für US-Kunden. Mit der Einführung wurde auch ein Limit eingeführt: Bis zu 20.000 US-Dollar wöchentlich und 50.000 US-Dollar jährlich konnten Kunden auf PayPal in Crypto erwerben. Nun gibt es Änderungen bei diesen Begrenzungen. Bitcoin News: PayPal erhöht seine Bitcoin-LimitsDas wöchentliche Limit wird ab sofort auf 100.000 US-Dollar erhöht und das jährliche Limit fällt sogar komplett weg....

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Does Bitcoin Have the Potential to Replace Traditional Currencies?

Let’s explore the reasons why bitcoin will succeed as a real currency. The first reason is that it doesn’t rely on any central entity to maintain its value, be regulated or accepted by anyone else. Bitcoin relies only on mathematics and cryptography for security which means people have complete control over their money at all times without having to worry about who runs things behind the scenes like Wells Fargo or your bank back home in Iowa. But wait! There are some...

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The American Cancer Society Looking to Hire a Cryptocurrency Product Supervisor

The non-profit organization – American Cancer Society – plans to hire a product supervisor to oversee its potential cryptocurrency and NFT roadmap. The best candidate needs to have experience in fintech, knowledge of payments processing, and a passion for digital assets. The ACS Wants to Be The Leading Digital NPO The health organization dedicated to fighting cancer seems highly interested in getting involved with cryptocurrencies. According to a job posting, the American...

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Bitcoin Reached a 3-Week Low as ETH Dips Beneath $1,900 (Market Watch)

Aside from a brief spike of over $1,000, bitcoin’s struggles continue as the asset is still well below $32,000. The alternative coins have also lost some more steam, with ETH standing beneath $1,900 and BNB close to breaking below $300. Bitcoin Dipped to a 3-Week Low BTC’s hurdles continue ever since the asset failed to breach $35,000 earlier this week. The bears took control over the market at that point and kept pushing it south. Initially, bitcoin decreased beneath...

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Some Analysts Do Not Think Bitcoin Is Protecting Anyone Against Inflation

What the heck ever happened to bitcoin serving as a tool that works against inflation? Bitcoin garnered this reputation last year during the coronavirus pandemic, but as it turns out, prices are continuing to rise, and the world’s number one digital currency by market cap has seemingly failed to get in the way. Bitcoin Is Not Working to Halt Inflation Many analysts are beginning to wonder why bitcoin is allegedly refusing to do its job. For the longest time, bitcoin was...

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This Summer Is Proving to Be a Harsh Time for Cryptocurrency

Summer is often a mixed time for cryptocurrency. In both 2018 and 2019, assets like bitcoin and Ethereum ultimately garnered mild gains here and there that caused several analysts and financial heads to think that the space was entering a period of recovery following massive prior drops. Cryptocurrency Sees Its Figures Drop During June This time around, however, cryptocurrency has been suffering heavily, and it does not look like things are on the verge of recuperating....

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Sotheby’s Diamond Fetches $12.3 Million in Crypto

Not long ago, Live Bitcoin News reported on a diamond that was being sold by Sotheby’s. The diamond was more than 101 carats – a rare feat for any jewel – and the big clincher was that the auction house was willing to accept crypto bids for the item. It now looks like this little bet has paid off. Sotheby’s Auction Makes Crypto History A crypto fan has ultimately parted with approximately $12.3 million in digital funds in exchange for the jewel. According to a statement...

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HOORANKY LIVE NFT AUCTION

July 17th 5 PM PST LIVE- 48 Hours Ends July 19th, 2021 5 PM PST Hooranky, a world-renowned digital media artist in Korea, counts the ultra-high bid on the global NFT auction platform The works of Hooranky Bae belong to abstract expressionism and the dramatic contrast of non-figurative strange shape and coloring gives a strong and unique impression to the viewer. The title of the work indicates production date and time in Arabic numerals. It is reported that this Hooranky...

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Bitcoin Rangebound in Anticipation of a Major Move: The Weekly Crypto Recap

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the top 20 is in the red. Some lost more than others, but we’ll get to that later. Kicking it off with Bitcoin. It had a relatively calm week, and even though it’s down about 3% over the period, it’s still not as bad as a lot of the altcoins. BTC was trading at around $34,000 last Friday, and apart from a brief positive spike on Monday, it...

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Crypto Price Analysis & Overview July 16th: Bitcoin, Ethereum, Ripple, Cardano, & Polkadot.

Bitcoin Bitcoin dropped by 3% this week, reaching as low as $31,000. The cryptocurrency popped above the 20-day MA on Sunday but quickly reversed and dropped beneath it on Monday. It found support mid-week at $32,700 but continued beneath there yesterday to reach $31,185 (downside 1.618 Fib Extension) today. The short-term chart provides a closer perspective of what is going on. It shows BTC trading inside a falling price channel since the start of July. When BTC broke the...

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