« 25ème épisode du Space Kek en approche ! Cette semaine, nous discuterons du futur de Lightning et des nouveaux types de canaux qu’il pourrait exister. Nous diviserons sûrement ça en deux parties : une première axée sur les évolutions relativement proches du réseau actuel (comme le splicing), et une seconde sur les autres / nouveaux types de canaux, donc bien plus lointain. Encore une fois,...
Read More »Paxful Co-Founder Says 88% of Customer Accounts Have Been Unfrozen
Ray Youssef, the co-founder and CEO of peer-to-peer Bitcoin marketplace Paxful, said 88% of all suspended customer accounts have been unfrozen following the company’s recent decision to halt operations. With the latest development, Paxful has now freed $1 million of customers’ funds. Youssef further noted that he could not unfreeze the remaining 12% because he no longer has the authority to do so, as the accounts are now under the control of United States regulators. 3% of...
Read More »Many Analysts Are Once Again Claiming Bitcoin Is “Digital Gold”
The recent price revival of bitcoin has got everyone feeling hopeful again. So much, in fact, that bitcoin is (for the umpteenth time) being labeled digital gold. The Reputation of Bitcoin Is Again Reaching a High Point The price of bitcoin recently rose beyond the $26,000 mark. The news was interesting and odd in many ways given it was happening during a time when several banks (Silvergate, Signature, Silicon Valley, etc.) were crashing and burning. In addition, these...
Read More »Bitcoin Sell-off Could be in the Offing, 4 Crucial Dates to Keep An Eye On
The US government has been very critical of the crypto space, especially over the past few months. Its upcoming actions could trigger potential sell pressure in the near future, even as investors currently do not exhibit any bearish behavior. Prominent analytic firm, CryptoQuant, has identified four important dates – 26 May 2023, 7 August 2023, 19 October 2023, and 30 December 2023 – as there may be extra selling pressure from the United States government’s Bitcoin holdings...
Read More »Did Crypto Cause Banks to Fall? Experts Weigh In
With the fall of Silicon Valley Bank and Signature Bank, many people are wondering if crypto played any role in the crumbling of both financial institutions as they were the number two and number three largest bank failures in US history. Is Crypto to Blame? These questions come largely because 2022 was marred by the collapse of FTX, a leading digital currency exchange that within three years, rose through the ranks to become a top five digital currency trading platform....
Read More »Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.112
Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1060 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.1055 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1085 and $0.112 resistance levels. Stellar lumen price is trading above $0.1050 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Dips Likely To Be Supported Above $0.5
Ripple price started a downside correction from the $0.5500 zone against the US dollar. The price is now trading above $0.505 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5090 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5200 resistance. Ripple price is consolidating near $0.510 against the US Dollar, similar to Bitcoin. XRP price must...
Read More »A New Crypto Scam Is Making Its Way Through Michigan
A new type of crypto scam is taking precedent. This time, fraudsters are calling would-be victims and pretending to be policemen and asking for crypto-based payments – usually in bitcoin – or gift cards. A New Crypto Scam Is Taking Place in Michigan Thus far, the scam appears to be largely targeting residents of Jackson County, Michigan, so it’s somewhat centralized and limited at the time of writing, though it’s unclear how fast the scam could spread from here to other...
Read More »Opinion: The Biden Administration Shows Further Malice Towards Crypto Via Signature Closure
Crypto traders just got another taste of the twisted agenda stemming from the Biden administration. Biden Just Continues to Destroy Just yesterday, Live Bitcoin News published an article discussing the current fate of Signature Bank. As the latest financial institution to be shut down by regulators, the institution was discussed by former congressman Barney Frank, who served in politics for more than 30 years and eventually went off to become the bank’s director. In an...
Read More »CleanSpark Boosts Mining Capacity With New Machinery Worth $145 Million
The US-based cryptocurrency miner – CleanSpark – purchased 45,000 units of the Antminer S19 XP BTC mining machines for $144.9 million. The current computing power of CleanSpark is 6.7 EH/s, while the installation of the new equipment is expected to push it to 13 EH/s. Preparing for the Halving According to the deal, the manufacturer will distribute 25,000 units in August, while the remaining 20,000 should arrive in September. CleanSpark plans to deploy all of them at its...
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