BTC made a strong daily close above the 3-month long trading range, confirming the first major step of a higher breakout. The largest cryptocurrency closed at $42.8k, blasting above the top of the trading range at $41.3k and the near-term high at $42.6k. Chart by TradingView Near-Term Caution For Bitcoin’s Price So far today, BTC continued to push higher even with weekend trading hours, reaching an intraday high of $44k before cooling off. On Friday, the third-largest whale...
Read More »YouTube Superstar KSI Dropped The Mic: ‘Bitcoin Is The Future’
The British YouTuber and rapper – KSI – revealed that he is a strong supporter of Bitcoin. According to him, the primary cryptocurrency represents the future, and hodlers would profit in the next years. ‘I’m Really into Crypto’ Olajide Olayinka Williams “JJ” Olatunji, better known as KSI – meaning Knowledge, Strength, and Integrity – opined strongly in favor of Bitcoin recently. Speaking to the British magazine GQ, he argued that the digital asset would play a major role in...
Read More »Crypto Market Cap Taps a 2-Month Record as Bitcoin Touched $44K (Market Watch)
The bitcoin bulls came to play once more and pushed the cryptocurrency to a new near three-month high of around $44,000. Most alternative coins have seen gains as well, with ETH closing down to $3,000. The total market cap added another $100 billion in a day. Bitcoin Touched $44K Ever since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday. At the time, though, the bears...
Read More »Welche Zukunftschancen haben Kryprowährungen?
Kryptowährungen liegen voll im Hype – ganz unabhängig davon, wie diese auch heißen. Bitcoin, Dogecoin, Ethereum usw. In den letzten Jahren haben sich zahlreiche unterschiedliche Kryptowährungen entwickelt, die in kürzester Zeit enorme Kursgewinne zu verbuchen hatten. Immer wieder wird um das Thema Zukunftschancen von Kryptowährungen gestritten, wobei die Meinungen sehr stark divergieren. Der nachfolgende Bericht soll ein wenig diese unterschiedlichen Meinungen aufzeigen und so...
Read More »Eignet sich der Bitcoin zum langfristigen Investieren? – Ein Überblick
Eignet sich der Bitcoin zum langfristigen Investieren? - Ein Überblick Die Kryptowährung Bitcoin liegt voll im Trend und das Investieren, welches durch die sozialen Medien und der allgemeinen Lage angefeuert wurde, hat sich zu einem richtigen Trend entwickelt. Viele Menschen, die in Bitcoins investieren, geben generell als Motivation das kurzfristige Erlangen von Gewinnen an. Von Langfristigkeit in Bezug auf Bitcoin hört man selten etwas....
Read More »Der Bitcoin-Hype – Woher kommt dieser Hype?
Der Bitcoin-Hype - Woher kommt dieser Hype? Der Bitcoin als berühmteste Kryptowährung der Welt ist in aller Munde. Selbst Menschen, die ansonsten nicht so stark mit der Finanzwelt verwurzelt sind, kennen in den meisten Fällen den Bitcoin als Zahlungs- und Spekulationsmittel. Dieses liegt allen voran an der starken medialen Präsenz. Insbesondere im letzten Jahr erlangte der Bitcoin weltweite Aufmerksamkeit, welches auch mit der starken...
Read More »The SEC Is Opening Its Mind to BTC ETFs
Gary Gensler of the U.S. Securities and Exchange Commission (SEC) has expressed a certain and sudden openness regarding bitcoin and crypto-based exchange-traded funds (ETFs), though many BTC and crypto analysts aren’t too happy about the situation. Will Bitcoin ETFs Soon Garner Approval? As it turns out, Gensler wants these ETFs to operate under a strict mutual fund rule that dates all the way back to the 1940s. In addition, he has stated that while the agency would be...
Read More »Marathon Digital Is Expanding Like No Other Crypto Mining Firm
Just yesterday, Live Bitcoin News published an article about Clean Spark and all the growth it was experiencing. Apparently, it is not the only major crypto mining firm undergoing massive changes. Today, news has come out about Marathon Digital Holdings, Inc., which is a competing firm that is now experiencing heavy updates of its own. Marathon Is Headed for the Big Time July has been one of the biggest months for Marathon in quite a while. The company produced more than...
Read More »US Congress to Vote on New Cryptocurrency Taxation Bill Supported by President Biden Tomorrow
With new regulation and taxation on the cryptocurrency industry coming from the U.S., the situation just took another turn as President Joe Biden openly supported the highly unfavorable amendment proposed earlier by Senators Mark Warner and Rob Portman. Biden’s backing seems to target proof-of-stake assets, while mining appears untouched. Sitrep: Taxation and Regulation on Crypto in the U.S. The growth of the cryptocurrency sector pushed global watchdogs to strengthen their...
Read More »Bitcoin Pushes $42K, Ethereum London Hard Fork Now Live: The Weekly Crypto Recap
It was an exciting week in the cryptocurrency market with a lot of developments – both in terms of price and otherwise. Bitcoin went through a correction but managed to recover, while Ethereum’s long-anticipated London hard fork went live officially. Starting off with BTC’s price, the week was rather intense. Last weekend, we saw the cryptocurrency appreciating all the way up to $42K. The bulls were exhausted at this point, as multiple indicators started flashing overbought...
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