Markets

Just yesterday, Live Bitcoin News put out an article discussing all the analysts out there who seem to think that bitcoin is getting ready for a big comeback and that the currency could potentially overtake USD at some point. Billionaire investor and “bond king” Jeff Gundlach is not one of those people. Jeff Gundlach Is Not Confident in BTC In a recent interview, Gundlach says that bitcoin is likely to fall another 27 percent, thereby making 2021 the new 2018 in official...

Trevor George Smith Jr., better known for his stage name Busta Rhymes, is now officially a Bitcoin holder. He broke the news in a tweet following yesterday’s discussion between Elon Musk, Jack Dorsey, and Cathie Wood. CryptoPotato reported earlier in July that Busta Rhymes is looking into the cryptocurrency market. It took him less than a few days to officially become a Bitcoin HODLer. Today, he broke it to his 3.8 million followers that he’s bought BTC and that he’s looking...

Tether, the company behind the biggest stablecoin by means of total market cap – USDT – has announced that CREAM Finance has become the first DeFi protocol to support their Euro-pegged EURt token. According to a recent press release, CREAM Finance – a well-known DeFi protocol, has become the first to integrate Tether’s EURt stablecoin into its lending platform. Users on the platform will be able to access EURt for lending and for borrowing. Meanwhile, they can also do so...

A bear market is what some people may see when observing the current state of the digital asset market right now. The current fluctuations in the crypto market can be dramatic and discouraging which scares away new investors, but whether this is true or not does not stop deter new Defi projects from starting up. These projects are created by cryptocurrency entrepreneurs that believe in the blockchain, its many use cases, and aim to continue creating groundbreaking...

EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $3.55 and $3.75 resistance levels in the near term. EOS price is showing positive signs above...

Crypto trading has become one of the most popular forms of trading over the past couple of years. The 24-hour market added with the price volatility makes it one of the most exciting trading classes, but some of the most popular crypto exchanges charge absurd trade execution prices and limitations on freedom of trade. The Feeless Trade tokens (FLT) are here to change that notion with their revolutionary exchange platform. Feeless trade is fashioned on the notion that...

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...

As Ethereum gas fees soared to record highs during the 2021 bull market, rendering many decentralized finance (DeFi) protocols unusable for casual users, several projects were forced to deploy on other chains. This created a huge surge in demand for cross-chain mechanisms – called bridges – able to securely transfer user assets from one chain to another. Cross-chain bridges can generally be divided into centralized custodial bridges (CCB) and Decentralized non-custodial...

Bitcoin has endured a rather dramatic fall over the past few months, but for many analysts, the world’s number one digital currency by market cap is not entirely down for the count yet. Bitcoin May Be Getting Ready to Make Its Triumphant Return Bitcoin hit a new all-time high of roughly $64,000 per unit by mid-April of 2021. The currency seemed unstoppable until suddenly, it began experiencing a rough period of heavy drops that about two months later, brought its value...

David Tice – a Wall Street investor – is warning others that it is very “dangerous” to be investing in bitcoin and cryptocurrencies right now. David Tice on BTC: Avoid It Right Now 2021 has virtually become the new 2018. The world’s number one digital currency – bitcoin – has fallen by more than 50 percent over the past few months. Attaining a new all-time high in mid-April of this year of around $64,000 per unit, the currency has seemingly fallen to just over $30,000 at...