Bitcoin (BTC)

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....

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...

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...

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...

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...

After years of bashing Bitcoin, one of America’s largest banking establishments – Bank of America – seems to have completed its 180-turn. The organization has purportedly approved the trading of BTC futures. Citing two sources familiar with the matter, CoinDesk reported that the Wall Street behemoth will enable some of its customers to trade BTC futures. The plan to allow only a handful of clients to access the new service is because of the large amount of margin required to...

Bitcoin has been battling with tech, commodities, and ESG to emerge as one of the most popular trades over the last few months. This happens even as BTC price comes crashing down 50% from its all-time high.On Tuesday, July 13, the Bank of America released its global fund manager survey that shows Bitcoin (BTC) is the third most crowded trade after stocks and ESG. Basically, the Global Fund Survey is a monthly report aggregating the views of over 200 institutional, mutual, and hedge fund...

Tennessee city’s Jackson Mayor Scott Conger has said that the only vital way through which the economy can be saved from the growing inflation is via adopting Bitcoin as an early form of payment.Tennessee city is currently considering accepting payments in Bitcoin to combat rising US inflation concerns and deems it to be the only viable source to fight inflation and establish equilibrium in the economic index. Jackson Mayor Scott Conger has expressed that the only possible way through which...

Nouvel ajout à la liste des établissements français qui acceptent les paiements en bitcoin et autres monnaies numériques de pair à pair : Le Jardin aux Sources, restaurant gastronomique avec des chambres d’hôtes de charme au pied des Cévennes, à Brissac dans le département de l’Hérault. « Le Chef, Jérôme Billod-Morel, et son équipe vous proposent une cuisine créative. Tout est fait maison, de la...

Jackson, Tennessee, could soon implement BTC for property tax payments, according to the city’s mayor – Scott Conger. He made this statement shortly after bashing the US government for the unnecessary high inflation rates across the entire country. Scott Conger, the mayor of Jackson, Tennessee, since 2019, took it to Twitter to indicate that the local blockchain task force is looking into how the city “can start property tax payments in bitcoin.” Furthermore, he indicated...