It’s hard to believe that after nearly seven years of waiting, there are still many traders and individuals who have not garnered what’s rightfully theirs from Mt. Gox, the now defunct cryptocurrency trading platform in Japan.Mt. Gox Victims Can Now Get Their MoneyHowever, after all this time, it looks like many creditors are finally going to get access to the funds that have been locked up for so long following the company’s bankruptcy filing.Mt. Gox is widely considered one of the worst...
Read More »Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours
The world’s leading cryptocurrency exchange token by means of market capitalization, Binance Coin, is approaching its ATH. This happens hours before the company goes on with its 14th scheduled BNB token burn.BNB Price Eyes ATHBinance Coin is the world’s leading cryptocurrency exchange token. Over the past 12 hours, BNB saw an impressive increase in its dollar value. It went from a low of about $40.9 to a high of $45 for total intraday gains of 10%.Interestingly enough, the coin also came...
Read More »JPMorgan: Institutions Do Not See Bitcoin Beyond a Speculative Light
Over the past few months, bitcoin has been enjoying a historic bull run like no other. The asset has reached $40,000 in certain weeks, and as a result, we have been hearing several different narratives discussing what could potentially be making the asset spike to such an extent.Bitcoin May Not Be What We’ve AssumedOne of the most common arguments we’ve been hearing is that institutions are now seeing bitcoin in a much more positive light. They believe that bitcoin is a hedge tool of sorts...
Read More »65% Say They Would Consider Selling Bitcoin If The Price Reaches $100,000
The cryptocurrency market has enjoyed the past several months with impressive gains, including all-time highs for bitcoin and several more tokens.As such, a couple of crypto analysts initiated Twitter polls to ask the community when they plan to sell their positions and realize profits.How Much Would You Sell At The Next BTC TopThe primary cryptocurrency has led the 2020/2021 bull run. Bitcoin had quadrupled its value since early October when it dabbled with the $10,000 mark to an all-time...
Read More »Bitcoin Price Analysis: BTC Correction Is Not Over Yet, $30K Before $40K?
Another volatile weekend: the Bitcoin price is down by 7% over the past 24 hours after losing critical support at $36,000. Only three days ago, the cryptocurrency pushed over $40K but failed to close above the benchmark level.After failing at $40K, BTC started losing altitude on Friday as it broke beneath a short term rising price channel. It then dropped into support at $34,800 (short term .5 Fib Retracement) and rebounded sharply, but couldn’t overcome resistance at $38K ($37,940, bearish...
Read More »Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%
Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%.Bitcoin Loses More Than $3K In 24HJust a few days after the Monday crash, in which BTC bottomed slightly above $30K, the cryptocurrency managed to recover most losses and even tried its hand at $40,000...
Read More »Stefan Thomas Is Okay with the Recent Loss of His BTC Fortune
Recently, Live Bitcoin News published a story about Stefan Thomas, a San Francisco resident originally from Germany that had only two tries left to access his locked bitcoin stash. Here is an update for all who may have been worried about his situation.Stefan Thomas: Finding Peace Through LossThomas has all his digital funds stored in a special kind of wallet known as Iron Key. The wallet is built to be stronger than standard wallets and less susceptible to fraud and theft. The big clincher...
Read More »Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020
Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part.$3.3B Invested In Grayscale In Q4 2020Despite the challenges that 2020 brought to the financial markets, or perhaps because of them, Grayscale marked its best year to date with massive allocations, primarily from...
Read More »James Howells Is Working Extra Hard to Get His Lost BTC Back
Imagine having a lot of money stored up in a safe somewhere. Before you even realize it, you’ve somehow lost the safe’s key only to find that it went out with the rest of your everyday trash. It wasn’t something that you meant to do… It just kind of, well… happened. For 35-year-old James Howells, this is the reality he’s currently facing after realizing that he threw out some hard drives containing quite a bit of bitcoin with the rest of some unwanted materials.James Howells Really Wants His...
Read More »Introducing ethrift.io Non-Custodial FIAT Ethereum Gateway
Sui Generis Pty Ltd est. 11.11.11 in Gold Coast, Queensland, Australia is a privately held organisation that specializes in medical innovation, research and development. We have a lean international team and work with world class developers to economically bring quality projects to fruition for you.Our first project ethrift.io is an Australian AUSTRAC registered non-custodial digital currency exchange. At launch it features AUD/ETH ETH/DAI trading pairs and DSR savings vault. Our system...
Read More »