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Interest in Bitcoin Rising: 430,000 New Wallets Created Over The Past 90 Days

The number of Bitcoin addresses containing more than 0.01 BTC has increased substantially in the past two months. The question remains if the reason behind it is the upcoming Halving in May, the economic uncertainty caused by the COVID-19 pandemic, or both.BTC Addresses Go UpThe popular cryptocurrency monitoring resource, Glassnode Insights, provided a chart regarding the number of Bitcoin addresses with at least 0.01 BTC in holdings (worth approximately $69 at the time of this...

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Bitcoin Falls Below the $7,000 Mark

Today is a strange day for bitcoin. The currency has fallen below the $7,000 mark yet again and has shed approximately $300 from its price in one day.Bitcoin Has Taken Another FallWhat the heck happened? The currency was doing so well as of late. It had recovered by quite a few thousand and was potentially moving back up the financial ladder, so why the sudden drop?Yesterday, Live Bitcoin News reported on the bitcoin cash halving that recently occurred in the middle of the week. The event was...

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Ripple Price Analysis: XRP Below $0.19 Following Bitcoin’s Decline, $0.20 Inbound?

XRP saw a small 1% price increase today as the cryptocurrency rebounded from $0.182 to reach $0.19.It had previously dropped from resistance at $0.2 but found support at a rising trend line.Against Bitcoin, XRP broke above the 100-days EMA at 2750 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.182, $0.171, $0.16.Resistance:  $0.2, $0.215, $0.22.XRP/BTC:Support: 2750 SAT, 2710 SAT, 2680 SAT.Resistance: 2800 SAT, 2850 SAT, 2900 SAT.XRP/USD: Ripple Rebounds From Rising Trend LineXRP...

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The Duke And Duchess Of Sussex Harry And Meghan Used As Bait In A Bitcoin Scam

The list of famous individuals used in cryptocurrency-related scams grows with the Duke and Duchess of Sussex – Harry and Meghan. Scammers used their well-known names to dupe victims into investing in a suspicious auto-trading program called Bitcoin Evolution.Fraudulent Ads With Harry And MeghanAfter Bill Gates, Warren Buffett, and Richard Branson, now Harry and Meghan are the next famous people having their names used in cryptocurrency scams. According to a report, ads containing seemingly...

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Crypto Friendly Regulations Make Gibraltar a Leading Space for Blockchain Companies, Minister Says

Gibraltar is amongst the leaders in terms of blockchain adoption due to its openness to innovation and creativity, said the nation’s minister for digital and financial services. By developing a regulatory regime fit for blockchain-based companies and customer protection at the same time, the country has attracted over a dozen such businesses.Gibraltar’s Nine Principles For Blockchain RegulationAlbert Isola, Gibraltar’s minister for digital and financial services, recently spoke regarding the...

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Bitcoin Cash Underwent a Halving Last Wednesday

A bitcoin cash halving occurred last Wednesday, and many are waiting with bated breath to see what happens.Bitcoin Cash Has Undergone a HalvingIn the past, big events surrounding bitcoin cash have not always fared well for big daddy bitcoin. The asset dropped heavily nearly two years ago when bitcoin cash forked in late 2018, which led to the creation of an entirely new cryptocurrency known as bitcoin SV and a boatload of controversy to boot.The asset – widely considered the brainchild of...

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BTC Volatility Is At Its Highest Point Since 2013

Analysts are claiming March was a pivotal time for bitcoin and most other cryptocurrencies in terms of volatility.Volatility Was At Its Highest Since 2013During this month, bitcoin reached a six-year high for price swings. That means everything bitcoin and the crypto space encountered in 2018 – arguably a harsh time for most digital assets – is small beans compared to what we’ve witnessed over the past four weeks.According to firms like Block Force Capital, bitcoin volatility swelled by 167...

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Reddit Launches Community Points As Tokens On The Ethereum Blockchain

The popular social media platform, Reddit, is launching Community Points as tokens built on the Ethereum blockchain. Users can earn them every month by commenting or posting new threats. They will be able to spend the Points on various services, such as purchasing memberships and voting on weighted polls.Reddit Tokens On Ethereum NetworkAccording to a recent blog post, Reddit is introducing a new feature – Community Points. They are built and stored as standard ERC-20 tokens on the Ethereum...

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After Recording A 3-Week High, Bitcoin Loses $700: The Crypto Weekly Update

Bitcoin’s price went on a rollercoaster during the past week. After surging to its three weeks high at slightly above $7,400, the cryptocurrency saw a sharp decline upwards of 5% over the past 24 hours. This got it to where it currently trades at around $6,880.During the last week, altcoins managed to hold their grounds as Bitcoin’s dominance decreased by about 1%. It’s also worth noting that two of the top 10 cryptocurrencies, Bitcoin Cash and Bitcoin SV, saw their halvings take place on...

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Mike Novogratz: Bitcoin Will Soon Be Bigger Than Gold

It’s no secret that Mike Novogratz – a former hedge fund manager – has always been a big fan of bitcoin. When everyone else has lost faith, he’s always there to tout it and remind us of just how special it is.Mike Novogratz Is Betting Big on BitcoinNow, he’s claiming bitcoin is about to make a huge leap. On Twitter, he writes:I’ll make a bet for dinner anywhere in New York City that bitcoin outperforms both [gold and treasuries] over the next three months, and I like gold… Give it a few...

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