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Bitcoin Mining Startup Layer1 Raises $50M from Peter Thiel, Shasta Ventures and Others

Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has been received from such a row of prominent investors including Peter Thiel, an American billionaire and co-founder of PayPal, Palantir Technologies and Founders Fund, and Shasta Ventures, an early-stage venture capital investment firm that invests in enterprise and technology consumer startups.According to Alexander Liegl, CEO of...

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Stellar Lumen (XLM) Price Could Revisit $0.060 Before Higher

Stellar lumen price is struggling to gain momentum above the $0.0650 resistance against the US Dollar.XLM price is currently consolidating below the $0.0640 and $0.0650 resistance levels.There is a significant breakout pattern forming with support near $0.0622 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.0650 or it might start a downside correction to $0.0600.Stellar lumen price is facing an uphill task against the US Dollar and bitcoin. XLM price might dip...

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Bitcoin Price Just Surged $400, But The Real Trouble Is Still Around The Corner: BTC Analysis & Overview

Just as expected, Bitcoin had produced its move. Just as we said in our recent analysis: “Unlike the crypto community on twitter, suggesting Bitcoin to $6K, in my opinion, the direction isn’t clear yet.”Most of the traders lose money over time. Hence, they take the wrong decisions guessing the next direction of the market. This was another classic example, as Bitcoin price broke to the bullish side following reaching the end of the 4-hour short-term triangle’s pattern.Does it mean we will see...

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Ripple Price Analysis: XRP Primed For More Gains Above $0.3000

Ripple price gained bullish momentum and rallied above the $0.2750 resistance against the US dollar.The price is currently consolidating gains above the $0.2800 and $0.2750 levels.There is a crucial bullish trend line forming with support near $0.2800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to continue higher above the $0.3000 and $0.3040 resistance levels.Ripple price is showing positive signs above the $0.2750 pivot against the US Dollar. XRP...

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#732 Poloniex wird Polo Digital Assets, Krypto im Fokus der Zentralbanken & Fiat 27 Jahre Lebensdauer

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 732. Heute geht’s um folgende Themen: Poloniex wird zu Polo Digital Assets – US-Kunden müssen draußen bleiben, Kryptowährungen im Fokus der Zentralbanken & Fiat 27 Jahre Lebensdauer. 1.) Poloniex wird zu Polo Digital Assets – US-Kunden müssen draußen bleibenhttps://bitcoin-kurier.de/poloniex-wird-zu-polo-digital-assets-us-kunden-muessen-draussen-bleiben/ 2.) Why Cryptocurrency is in The Spotlight For More...

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U.S. Considers Developing Digital Currency to Compete with Libra

It seems like Facebook’s new currency, Libra, has regulators scared out of their wits… So much, in fact, that the United States government is now looking into potentially developing its own digital currency – issued by its central bank – as a means of competing.Libra Has Everyone TerrifiedLibra, as we all know, has gotten very mixed reactions from both regulators and the general public in the past, with very few Facebook users saying they would consider using Libra if it was available today....

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XRP Is October’s Biggest Crypto Performer

Earlier, Live Bitcoin News reported that this month’s biggest performer was arguably Ripple’s XRP, and that the third-largest cryptocurrency was experiencing the most action as of late. While bitcoin, Ethereum, Litecoin and bitcoin cash were all traversing through the doldrums, it was XRP that was making the initial rounds of success through the crypto industry.Move Over BTC; XRP Is KingWhat’s ironic is the fact that so many cryptocurrencies spent the first half of the year experiencing solid...

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Will the End of 2019 Mark a Big Change for Bitcoin?

So, what’s going to happen with bitcoin over the next week?Bitcoin: as Unpredictable as EverThe following seven days will mark the final full week of October. From there, we’ll be heading into November, which as we all remember, marked a rather rough time for crypto and all its fans late last year. The month marked the controversial bitcoin cash hard fork that ultimately gave birth to bitcoin SV, a currency endorsed by Australian bitcoin developer Craig Wright.Following the hard fork, bitcoin...

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Ethereum Price Analysis:ETH Above $170 But Will The Bulls Persist?

Ethereum saw a small 5% price decline over the past week and it currently trades at $173.03. The cryptocurrency continues to be supported at the $170 level but it seems that the bears are adamant to push Ethereum lower. Ethereum has lost a total of 20% over this past month, after falling from the high of $225 during September.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $18.76 billion. The good news is that ETH looks to be holding strong against BTC and we...

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Leveraging Risk: 17% Claim They Got Into Debt by Buying Bitcoin in 2017

The highly volatile nature of cryptocurrency markets makes this industry simultaneously exciting and very risky.The price of bitcoin rapidly moved from around $600 in November 2016 to an all-time high of nearly $20,000 in December 2017.Of course, many, due to FOMO, bought Bitcoin worth hundreds to thousands of dollars during the “crypto bubble” period, hoping that the price would “moon”.It was also in that period that the ICO craze begun. Many novice and experienced investors threw their...

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