Crypto news

Gold’s price reached an 8-year high this week, and a Goldman Sachs projection sees the precious metal to continue rising in the next twelve months to $2,000 per troy ounce.At the same time, famous gold-bug Peter Schiff believes its price could reach a new all-time high even before the end of the year, especially if President Trump loses the election.Goldman Sachs Bullish on GoldWhile the giant multinational investment bank recently seemed somewhat pessimistic regarding Bitcoin’s role in the...

Court documents reveal the self-proclaimed creator of Bitcoin, Craig Wright, may have subjected himself to a suicide attempt in May 2016.That’s according to the deposition of Bitcoin developer Gavin Andresen, who recounted the story during the ongoing trial between Craig Wright and the estate of Dave Kleiman.Context: Craig Wright’s Failed Attempt to Move Satoshi’s BitcoinCraig Wright promised to move coins from Bitcoin’s ninth block in 2016 – something only Satoshi could so.In a deposition...

Yesterday, Live Bitcoin News reported that Jack Abramoff – a notorious lobbyist – had pled guilty to fraud and now faces potential jail time following charges from the Securities and Exchange Commission (SEC). Now, it appears Abramoff’s alleged partner in crime – Rowland Marcus Andrade – is the subject of a potential extortion campaign. At least that’s what he’s claiming.Andrade: I’m the Victim, HereBoth Andrade and Abramoff were potentially involved in a phony initial coin offering (ICO) for...

XRP dropped by 2% over the past 24 hours, which caused it to fall beneath $0.18 as it reached $0.177.The cryptocurrency collapsed beneath the lower boundary of a descending triangle pattern this week, which sparked a downturn.Against Bitcoin, XRP is in disaster mode as it continues to plummet further beneath the 2000 SAT support.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance:...

Bitpanda: Lade deine Freunde ein und profitiere vom doppelten Bonus Wer einen Bitpanda-Account erstellt hat und damit zufrieden ist, hat jetzt die Chance, doppelte Belohnung für das Einladen von Freunden und Bekannten zu kassieren. Für jede Neuanmeldung gibt es 10 Franken Bonus und zudem 10 Franken im hauseigenen Token BEST. Da Bitpanda europäische Lizenzen im Finanzbereich...

An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed.Eastern European Hackers Group Steals $200MAccording to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group – referred to as “CryptoCore” – has frequently been hacking digital asset exchanges since mid-2018 to present day.The research outlined that the continuous rise of digital...

The cryptocurrency industry may soon welcome a new category of Decentralized Finance (DeFi) applications as privacy-focus coin Beam (BEAM) plans to execute its second hard fork, which would give DeFi apps a privacy layer.According to a press release shared with CryptoPotato, the system-wide upgrade dubbed Beam Eager Electron 5.0 is expected to occur today, at exactly block 777,777.Beam Settles With BeamHash IIIThe hard fork of the Mimblewimble-based privacy coin will be the last “planned...

So far, this weekend hadn’t been the best for the price of Bitcoin. The primary cryptocurrency recorded its lowest level over the last 30 days.Trading for $9800 just six days ago, Bitcoin dropped as of yesterday to nearly $8800 on most leading exchanges.The Good and The Bad NewsAs of writing these lines, Bitcoin is trading around the $9K mark, mostly below it. From a technical point of view, a strong support level that got broken down immediately becomes a huge resistance level.As can be seen...

Bitcoin has found a new foe in the form of legendary investor Jim Rogers. In a recent interview, he claims that the worst thing that could happen for bitcoin is that it’s seen as a real and legitimate form of money.Jim Rogers: Bitcoin Needs to Remain SpeculativeSince bitcoin’s initial inception in 2008, the currency has been pushed as a valid currency designed for purchasing goods and services. The asset was built to replace things like fiat and credit cards to give financial power and...

The crypto investors suffer from hard days recently, as the primary cryptocurrency tumbled approximately $1000 over the past five days.After a long battle to maintain the $9K mark, Bitcoin finally lost, and immediately plunged to $8816 on Binance Futures exchange, which is the current daily low, as of writing these lines.Aside from a quick glitch on June 15, the last time the price of Bitcoin was trading below the $9000 mark was exactly a month ago, on May 27, 2020.Wall Street...