Crypto news

One of the world’s biggest tennis tournaments – the Australian Open (AO) – is entering both the NFT and Metaverse side of the cryptocurrency industry. This year’s championship will also be held in Decentraland — a leading virtual reality platform. At the same time, fans will be able to participate further by buying non-fungible tokens linked to live match data. AO Dives into the Metaverse As Omicron cases in Australia surge, the organizers of the Australian Open decided to...

Just as the overall negative sentiment of the crypto markets, ETH had a rough start of 2022, losing over 20% during the first week of the new year. Key Support levels: $3K – $2750 Key Resistance levels: $3,300 – $3,600 The past week saw a significant crypto crash where ETH went as low as $2,987 (Bitstamp) on Saturday before recovering above the $3K support level as of today. Last Wednesday, the market entered into a sustained selloff: so far, ETH saw four consecutive daily...

Bitcoin’s situation worsened once more hours ago as the asset dropped to a new three-month low beneath $41,000. Most altcoins are in a similar position today, and the overall losses from the past three days grew to $300 billion. Bitcoin’s Latest 3-Month Low It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as it traded at $47,000 on Thursday and even tried its hand at $48,000 on Wednesday. However, the bears took...

Andreessen Horowitz – a leading venture capital firm and a prominent investor in the cryptocurrency space – has raised a fresh $9 billion to further its involvement in the growing industry. Andreessen Horowitz (a16z) is amongst the leading venture capital companies investing in all sorts of crypto and tech-related projects. According to a recent announcement, the firm has raised a fresh $ billion “to invest via our Venture, Growth, and Bio Funds.” Out of the total number,...

Sam Bankman-Fried – the man in charge of popular and fast-growing cryptocurrency exchange FTX – says there is likely to be more institutional adoption of cryptocurrency in the year 2022 granted regulation becomes a solid thing. Sam Bankman-Fried On What Will Attract Institutions Regulation has been a controversial topic in the crypto space for many years. For some, the idea of bringing regulation into the mix goes against everything crypto stands for. After all, it was...

What could have easily been an innocent gimmick is getting mocked mercilessly on Twitter and other social media platforms. Not long ago, Live Bitcoin News put out an article discussing a new crypto commercial starring Oscar-winner Matt Damon, who won an Academy Award for penning the screenplay to “Good Will Hunting” in 1997. Matt Damon Is Getting Some Flak It appears the commercial has not sat well with many viewers, with some sources calling it an “embarrassing cash...

Amidst another red weekend, Bitcoin is facing its most critical support area in the mid-term. So far, despite 2022’s first day, the new year has recorded seven consecutive daily red candles (keeping in mind there are a few more hours until today’s candle close). Option Market Analysis By @N_E_D_A The sharp spike in omicron cases, US Federal Reserve’s announcement about raising interest rates due to a surge in the inflation rate, along with the events in Kazakhstan – are...

MoneyGram International, Inc. has announced it’s purchased a minority stake in U.S. crypto exchange Coinme. At the time of writing, it is believed MoneyGram owns as much as four percent of the company. MoneyGram Has Bought a Stake in Coinme The move closes out a recent Series A funding round held by Coinme, which is quickly becoming one of the largest and fastest growing crypto trading platforms in the world. MoneyGram chairman and CEO Alex Holmes said in a statement: At...

Spanish politician and deputy of the Ciudadanos in the country’s Congress, María Muñoz, has proposed the creation of a national strategy to attract Bitcoin miners and other crypto-related activities following the protests in Kazakhstan. María Muñoz took it to Twitter yesterday to bring up a proposition where Spain positions itself as a future Bitcoin mining hub.  The protests in Kazakhstan have repercussions all over the world, also for Bitcoin. We propose that Spain...

PayPal arbeitet weiter an seinem Vorstoß in den Cryptomarkt. Vor allem in den USA ist man mit der Implementierung von Cryptocoins in das gesamte Online-Zahlungssystem weit fortgeschritten. Somit war es wohl nur eine Frage der Zeit, bis man seinen eigenen Cryptocoin in Betracht ziehen würde. Crypto News: PayPal arbeitet an eigenem StablecoinPayPal wird es vielen Cryptobörsen gleichtun und einen eigenen Utility Token kreieren. Dieser wird ein Stablecoin sein, der sehr wahrscheinlich an den...