Crypto news

The testimony of Mark Zuckerberg revealed some interesting takeaways. First, Zuckerberg seems to think that crypto is the future, and that the longer the U.S. waits to develop its own coin, the further it will fall behind. Second, many members of Congress still don’t trust crypto enough to push for mainstream status.Zuckerberg: The U.S. Stands to LoseIn his speech to Congress, Zuckerberg commented that countries like China are well underway in creating national digital currencies. He says...

The end of the year is not looking good for the world’s biggest crypto asset. Recently, Live Bitcoin News produced an article asking if bitcoin would somehow repeat its November 2018 behavior. As things currently stand, this doesn’t seem too far off the mark.Bitcoin Has Crashed Again; Could Things Reverse Themselves Soon?While the currency isn’t likely to drop into the $3,000 range over the next two months, we are now seeing bitcoin trading at $7,400 – a massive loss of $800 over the past 24...

Well, it sure seems like we’re in for another faulty end-of-year mark for bitcoin. At press time, the currency has fallen by roughly $800 over the past 24 hours and the asset is now trading at $7,400.Bitcoin Falls; Zuckerberg to Blame?The sentiment is that this all has to do with Mark Zuckerberg’s testimony today. Zuckerberg – the famed CEO of Facebook – is set to speak before a congressional committee today regarding Libra, the cryptocurrency being released by the social media giant in 2020....

Ever since Facebook officially announced its plans to float a digital currency and then released the Libra whitepaper, there have been very polar reactions to the idea, which continue to this day. The United States Congress right from the start has made it clear that they are not excited about the idea and would prefer it doesn’t continue. We have already reported that as part of the process of seeking regulatory support, Facebook CEO Mark Zuckerberg has been obliged to support his position...

In what seems to be a last attempt to save shared workspace company WeWork, Softbank which is by far the superstar of Venture Capital finance firms has decided to wade into the matter once again with a compromise that might just save the company from teetering on the edge of oblivion.In an agreement that gives Softbank about 80% control of WeWork, co-founder and CEO Adam Neumann is expected to walk away with a bonus package worth about $1. 7 billion. Sources indicate that Softbank has offered...

It seems that the guys at Google set to beat everyone else in the game of quantum computing which has already set certain sparks in motion as to the veracity of such claims. According to Google, they have made a breakthrough that enables computers to be able to make calculations that are seemingly impossible with the speeds of today’s computers and are virtually unheard of in terms of technological breakthroughs. Referred to as “Quantum Supremacy”, this achievement allegedly puts Google...

BAT saw a 7% increase today and it currently trades at $0.25. This price increase comes at the same time the entire market is collapsing. It seems that BAT is battling against the overall trend after surging by a total of 24% over the past 2 weeks alone. Basic Attention Token is the 28th largest cryptocurrency as it holds a market cap of $336 million. Apart from Chainlink, BAT is the strongest performing cryptocurrency out of the top 30 ranked projects after rising by a total of 33% over the...

Bitcoin Crash: Was sind die Gründe? Seit einigen Wochen bewegt sich der Bitcoin nach einem deutlichen Absacker knapp in einer engen Range um die 8’000 US-Dollar Marke. Heute dann ein Crash um fast 10%. Was sind die Gründe? Momentan gibt es keine Anzeichen in den Netzerk-Kennzahlen. Einfach gesagt, der Kurs fällt, wenn Bitcoin verkauft wird. Und der Preis steigt, wenn die Nachfrage steigt. Facebooks Währung Libra als Auslöser? Auf Bloomberg...

Ethereum saw a sharp 7.65% price plummet over the past 24 hours and it currently trades at $159.6. This price decline is largely a result of Bitcoin dropping by a steep 9% as it collapses beneath the $7,700 support. ETH remains promising against BTC which might even stall the decline against the USD.  Ethereum is the second-largest cryptocurrency with a market cap of $17.39 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency collapsed beneath...

The bitcoin price has plunged by nearly 10%  on Wednesday to fall near a 5-month low. After flirting with a move to the upside above $8,000, the leading cryptocurrency dropped sharply below to just under $7,500. Bitcoin price chart | Source: TradingViewOther major-cap cryptocurrencies also followed Bitcoin’s spiraling crash by falling between 4% and 9% in value. The most adversely affected were the Bitcoin variants – BCH and BSV. Bitcoin trading near the ~$7,500 figure marks a low...