Crypto news

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...

In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the space, and is even planning to launch a virtual version of the country’s currency called the digital rupee. India Is Set to Regulate Crypto This is one of the biggest changes a country has ever exhibited when it comes to crypto. There was a long period when India had a very...

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...

The recent unexpected price action in the market has led to some positive changes in the sentiment. However, there are many analysts that remained skeptical because of the uncertainty at the macro level. Here, we discuss the important technical confirmations for a mid-term trend reversal and investigate the holders’ behavior during the recent price downfall to $32.9K. Technical Analysis By: Grizzley Long Term Most technical analysts believe that consolidating the price below...

Key Support levels: $1.1, $1 Key Resistance levels: $1.2, $1.36 The market turned bullish yesterday, and ADA has moved above the key resistance at $1.1, which is now acting as support. The next level to pass is at $1.2, and the cryptocurrency is still gathering momentum to challenge it. ADA seems likely test this level in the coming days, depending on the overall market, which favors the buyer’s side at this time. Chart by TradingViewTechnical Indicators Trading Volume: ADA...

Wealth Simple – an online brokerage in the country of Canada – wants to engage in a program where it gets to see how people are using cryptocurrencies. Analysts believe that there will be regulatory tactics set in place designed to prevent Wealth Simple – and companies like it – from engaging in such activity. Wealth Simple Is Eager to Know How People Use Crypto One of the big issues facing bitcoin and the crypto space is the fact that many digital currencies, while...

Leading cryptocurrency exchange Kraken announced on Thursday the results of a proof-of-reserve audit, showing that it holds over $19 billion worth of Ether (ETH) and Bitcoin (BTC). Almost $20 billion Stored on Kraken As per a blog post, the audit was conducted by Armanino LLP, a consulting and technology firm in the US. The results didn’t include other assets – just BTC and ETH, including the $3.5 billion worth of ETH held in Kraken’s staking service, which is an ETH 2.0...

Binance CEO Changpeng Zhao persönlich hat vor einem neuen SCAM gewarnt, der offenbar Binance-User per SMS zur Angabe von Zugangsdaten verführen soll. Dabei handelt es sich um eine gefälschte Aufforderung, eine Auszahlung auf Binance durch den Nutzer abzubrechen. Crypto News: Warnung vor SMS Phishing-SCAM auf BinanceAuf Twitter veröffentlichte Zhao einen Screenshot mit der Nachricht, die aktuell vor allem Binance-Nutzer betrifft:There is a massive Phishing scam via SMS with a link to cancel...

ETH has broken above $3,000 and appears poised to move even higher, ending the short-term downtrend. This comes less than two weeks since bottoming at $2160, according to Bitstamp. Key Support levels: $2,805, $2,500 Key Resistance levels: $3K, $3,400, $3,750 After a decent 2-day rally, ETH broke above the key resistance at $3,000 today. If ETH can turn this level into support (retest and confirm), this impressive rally could continue much further. In addition, there is also...

The past 24 hours have been particularly turbulent throughout the cryptocurrency market, but this time it seems it’s all in favor of the bulls. Bitcoin’s price surged above $41K for the first time since January 21st, and the whole market is in the green. Therefore, we’re taking a look at four possible reasons for which the positive move was triggered. Reporting Season is Through It’s worth noting that Bitcoin and the traditional stock market have been tightly correlated for...