Bitcoin (BTC)

With the recent collapse of the British pound following the exit of the country’s latest prime minister, it appears bitcoin is once again taking on “safe haven” status. Bitcoin Is a “Safe Haven” Following the Fall of the Pound This is a narrative that was greatly pushed during the early days of the coronavirus. In that time, fiat currencies were crashing and burning, and inflation was starting to become a huge problem. While it was nowhere near where it is today, the...

Entretien avec Théo Pantamis, chercheur en mathématiques appliquées et expert de Bitcoin. Réalisation : Loïc Morel pour Découvre Bitcoin

JKL Group is establishing a new $50 million crypto mining business. The money is set to come from institutions like family offices, individual investors, and HNWI. JKL Group Is Entering the Crypto Mining Arena As an APAC, JKL Group is now being billed as the first company of its kind to step into the digital currency mining arena and establish such an enterprise. The company says it has seen a “growing interest” in bitcoin from its many clients, and the firm is now...

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A man in California that fell victim to a crypto scam listed in the “pig butchering” category is getting some of his funds back. Pig Butchering Is Getting Bigger and Bigger Pig butchering is something Live Bitcoin News initially covered in an article in early September. It’s a new breed of digital currency scams that see people losing funds to fraudulent investing platforms that are fully controlled by hackers. They place their money into the schemes and see their funds...

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ADA price gained bearish momentum below the $0.35 support zone against the US Dollar. The price is now trading below $0.350 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.312 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to clear the $0.320 resistance zone. Cardano price is struggling below $0.35 against the US Dollar, similar to bitcoin. ADA price could gain...

As bad news regarding FTX’s bankruptcy keep appearing in crypto (and mainstream) media, investors have rushed to bet against bitcoin and the crypto market, with bear positions hitting two-year highs. According to the “Digital Asset Fund Flows Weekly Report” from European cryptocurrency investment firm CoinShares, a bearish sentiment took hold of the crypto market during the last week to such an extent that short positions accounted for 75% of all trades in the market. This...

On November 21, U.S. Patent and Trademark Attorney Michael Kondoudis announced that JP Morgan & Chase Co, the largest bank in the United States— and one of the largest financial companies in the world— registered a patent to venture into the Web3 with a digital crypto wallet. According to Kondoudis, the U.S. Patent and Trademark Office (USPTO) approved the application by JP Morgan & Chase Co.on November 15. The wallet will offer services like virtual currency transfer...

Shares for Coinbase, America’s largest cryptocurrency exchange, are trading at another all-time low as Bitcoin and the crypto market log some of the lowest digital asset prices in over two years. COIN stock fell 8.9% on Monday, from $44 at 14:20 UDT to $41.23 when the day closed.  The current price is down 37% over the past month, and 87% from its all-time high of $342 in November of last year.  Meanwhile, Coinbase 2028 bonds are trading for only $0.51 on the dollar,...