Crypto news

Place/Date: - December 28th, 2019 at 9:49 am UTC · 4 min read Contact: LUMI, Source: LUMI Photo: LUMIThis was a hot year for crypto, with BTC surging up from the pit it was in at the beginning of the year to a stable $7-8k by the end, rapidly developing altcoins and the rapt attention of governments and users. It is early to speak about mass adoption, but the fact that crypto is in our lives to stay is undeniable.Lumi Wallet wasn’t an exception as 2019 was a challenging and productive year...

Over the past three days, despite that most of the traders are off on vacation, we could see a nonsense trading around the $7200 BTC mark.The following daily chart tells the short-term story: throughout the month of December, Bitcoin can’t get over the green resistance line – including the latest tryout two days ago at $7430.From below, despite one fake-out which got quickly corrected, the yellow ascending trend-line is supporting Bitcoin since April 2019. The last attempt of the line took...

This year was pretty good for one of the most famous world’s billionaires. However, the whole decade seems to finish even better. Take Warren Buffett for example. He is ending the year with a net worth of approximately $89 billion, up around $42 billion since 2010 and making him the seventh-biggest billionaire gainer of the past 10 years. Let it also be known that the Oracle of Omaha never sold any Berkshire Hathaway, and about 98% of his fortune is made up only of the company’s shares.But,...

No doubt Ethereum (ETH) is a hardcore crypto asset that’s not to be messed with. It’s the second-largest cryptocurrency by market cap, and it holds its ground over the likes of Ripple (XRP), bitcoin cash (BCH), EOS (EOS) and Litecoin (LTC).Ethereum Still Has Some IssuesBut even top products and companies appear to suffer from time to time, and Ethereum is no exception. The company recently announced that it was having to cancel out several jobs in both the Philippines and India. While it’s...

AlphaWallet is a tokenization firm providing companies with exclusive services of launching their coins. Boosted by the Ethereum network, AW allows users to take advantage of DeFi, DAOs, stable coins and ERC-20 smart contracts.Together with the UEFA, AW plans to bring the crypto fans together with football fans. This will happen through an Ethereum integration, with over 20,000 tokens put on the custom blockchain to back up the tickets.Victor Zhang, AlphaWallet CEO, noted:“If we can convert...

Roger Ver used to be a full-time bitcoin fanatic. He was one of the currency’s early investors, which earned him the nickname “Bitcoin Jesus.”Roger Ver: I’m a BCH Man, Not BitcoinHowever, in recent years, Ver has shifted his focus and love over to bitcoin’s baby brother bitcoin cash (BCH). BCH came about in 2017 following a hard fork of the head honcho of crypto. The currency rose to prominence just months later when the entire industry was experiencing bull behavior like we had never...

The last week of 2019 didn’t really bring a lot of excitement within the cryptocurrency market. Bitcoin’s price remained trapped within a fairly narrow range between $7,100 and $7,700, while altcoins struggled to claim any new grounds. As a matter of fact, Bitcoin’s dominance stabilized well above 68%, which showed that BTC kept its market share intact, despite the lack of any price increases. Despite the fact that Christmas is over, it’s important to monitor the price going forward. It’s...

Recently, Live Bitcoin News reported that the former CEO of Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – had left her post to go serve in the United States Senate. While it’s only a temporary position, the company still needs to find a worthy replacement – even if it’s for just a small amount of time.Bakkt Has a New Person in ChargeBakkt is introducing us to Mike Blandina, the new CEO of the platform, while Adam White will serve...

Reddit’s Secret Santa gifts exchange is matching people on a random basis, then they send gifts to each other. This year, Reddit user Shelby receives gifts from the top U.S. business shark – Bill Gates.An 81 Pounds Box of Good TasteShelby lives in Detroit, Michigan and she was participating in Reddit Gifts since 2013, just like Bill Gates did. This year, she and her husband were shocked to see that the present sent to them by Secret Santa was an 81 pounds box with a mark #95 on it. This is...

Bitcoin attempted to regain some of the losses from this month as it increased by a small 1.26% this week. The cryptocurrency remained supported at $7,123 and even spiked higher to meet the December resistance at the $7,886 level. Bitcoin is now trapped within a range between $7,686 and $7,123 and must break this range to dictate the next market direction.If the bulls defend the support at $7,123 and start pushing higher, initial resistance lies at $7,400 and $7,686 (bearish .382 Fib...