Stellar lumen price started a fresh increase above the $0.20 zone against the US Dollar. XLM price is now trading above $0.2200 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2065 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear break above $0.2300. Stellar lumen price is trading in a positive zone above $0.2000 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Gain Strength Above $0.65
Ripple price started a fresh increase above the $0.60 zone against the US dollar. The price is now trading above $0.7000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.6680 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if it clears the $0.7250 resistance level. Ripple price is trading in a bullish zone above $0.6000 against the US Dollar, like...
Read More »Cryptocurrency Investors Are More Attractive on The Dating Scene (Study)
According to a recent survey conducted by the trading platform eToro, many single men and women are seeking partners who are not only financially stable but also knowledgeable about cryptocurrencies. 33% of the American participants admitted they are more likely to go on a date with someone who deals with digital assets. Crypto Makes Individuals More Desirable Apart from diversifying one’s portfolio and granting potential for higher returns, cryptocurrencies could also make...
Read More »Bitcoin Entrepreneurs Are Buying Luxury Yachts
Raphael Sauleau is the CEO of Fraser, a firm that specializes in luxury boats. He says young people are becoming bitcoin millionaires, and many of them are now in the habit of buying yachts. Yachts Are the Objects of Desire for BTC Investors Aside from being early bitcoin investors, a lot of them have high-paying jobs in hedge funds and startups. They all seem to share the same dream – to purchase yachts and sail the seven seas. They are using the bitcoin they’ve earned...
Read More »El Salvador Mocks the IMF, Says It Will Keep Using BTC
Nayib Bukele – the president of the Central American country of El Salvador – is telling the International Monetary Fund (IMF) to “talk to the hand” because he’s clearly not listening. El Salvador Isn’t Listening to the IMF Not long ago, the IMF made headlines when it practically got down on its knees and begged El Salvador to reject bitcoin forever and dismiss its newfound crypto agenda. Nothing good could come of BTC in the agency’s mind given that the asset is prone...
Read More »Bitcoin Lightning Network Capacity Reaches All-Time High
The Bitcoin community celebrated as the layer 2 payment system reached a total of over 3,400 BTC locked. That is an equivalent of around $141 million. Bringing near-zero fee BTC payments, Lightning’s adoption rose dramatically over the last year. During the same period, bitcoin became significantly more utilized as a network and an investment asset by investors and large companies as the crypto bull run went on. However, growth has been slowing since November’s crypto crash....
Read More »Dorsey: BTC Should Have Been Zuckerberg’s Main Project
In a recent interview, Jack Dorsey – the man behind billion-dollar companies such as Square and Twitter – said that Mark Zuckerberg – the CEO of Facebook, now Meta – was wrong to try and start his own cryptocurrency venture, and he feels things would have been more successful if he had focused on bitcoin. Jack Dorsey Is Critical of Diem BTC is the world’s largest and most popular cryptocurrency. Dorsey has long been a fan, working to enhance trading through Square and...
Read More »Weekend Watch: Axie Infinity (AXS) Explodes 17%, Bitcoin Maintains $41K
After surging above $41,000, bitcoin has maintained its momentum and has remained above that level. The altcoins, which marked significant gains yesterday, have stalled now. Axie Infinity is among the few exceptions after a massive double-digit surge. Bitcoin Maintains $41K It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading...
Read More »Facebook Sells Off All Its Libra-Based Assets
Not long ago, Live Bitcoin News published an article discussing Facebook aka Meta and its decision to sell off any assets aligned with Libra/ Diem. It looks now like those assets have been sold and the project has officially come to an end. The Facebook Libra Project Is Now Fully Over The developers behind Diem confirmed in a statement that the assets were sold for around $200 million to a crypto-based bank known as Silvergate. Initially, both firms were working with...
Read More »‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Estate
The legendary bassist/vocalist of the rock band KISS – Gene Simmons – disclosed that apart from fiat currency, buyers can also purchase his $13.5 million home in Las Vegas in digital assets. Those accepted are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), and more. An’ Outspoken Proponent’ of Crypto The rock star, known among fans as “The Demon,” initially displayed his support towards the cryptocurrency industry at the beginning of 2021. Back then, he predicted...
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