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Tag Archives: Altcoin News

Facebook Sells Off All Its Libra-Based Assets

Not long ago, Live Bitcoin News published an article discussing Facebook aka Meta and its decision to sell off any assets aligned with Libra/ Diem. It looks now like those assets have been sold and the project has officially come to an end. The Facebook Libra Project Is Now Fully Over The developers behind Diem confirmed in a statement that the assets were sold for around $200 million to a crypto-based bank known as Silvergate. Initially, both firms were working with...

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India Will Regulate Crypto and Unveil the Digital Rupee

In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the space, and is even planning to launch a virtual version of the country’s currency called the digital rupee. India Is Set to Regulate Crypto This is one of the biggest changes a country has ever exhibited when it comes to crypto. There was a long period when India had a very...

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Hot Dog Restaurant Willy – Yums Says “Yes” to Crypto Payments

A hot dog restaurant called Willy – Yums in Bradenton, Florida has become the latest company to accept cryptocurrency as a method of payment. Willy – Yums Opens Its Heart to Crypto Willy – Yums opened about five years ago. It serves hot dogs, burgers, Cuban sandwiches, and many other things to tantalize one’s taste buds. The man who owns it – Rob Williams – says he was introduced to crypto through a friend and he immediately began investing through the Robinhood app. He...

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Bitcoin Cash Analysis: Risk of More Losses Below $250

Bitcoin cash price started a fresh decline below the $320 support against the US Dollar. The price is now trading below the $285 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is no upside break above $300. Bitcoin cash price is showing bearish signs below $290 against the US Dollar,...

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EOS Price Analysis: Downtrend Could Resume Below $2.2

EOS price is struggling to clear the $2.45 resistance zone against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.20 support zone. EOS price is showing bearish signs below $2.40 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Risk of More Losses Below $100

Litecoin price again failed to clear $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $115 resistance zone. Litecoin price is struggling below $1115 against the US Dollar, similar to bitcoin. LTC price...

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Tron (TRX) Price Analysis: Bulls Aim Larger Increase

Tron price started a decent recovery wave above the $0.0580 level against the US Dollar. TRX price is now trading above $0.0580 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if there is a clear break above the $0.0620 resistance. TRON price started a fresh increase above $0.0580 against the US Dollar, similar to bitcoin. TRX...

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Cardano (ADA) Price Analysis: Bulls Aim Upside Break Above $1.08

ADA price started a consolidation phase above $1.00 against the US Dollar. The price is now trading near $1.05 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $1.055 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.00 zone. Cardano price is gaining pace above $1.02 against the US Dollar, similar to bitcoin. ADA price could start another...

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Ethereum Price Analysis: ETH Could Gain Pace Above $2.8K

Ethereum price started a fresh increase from the $2,150 zone against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $2,555 on the 4-hours chart (data feed from Coinbase). The pair could continue to move rise if there is a clear move above the $2,800 resistance. Ethereum price is showing positive signs above $2,500 against the US Dollar. ETH/USD might rally if there...

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Trump Seeks to Stamp Out the Trump Coin Cryptocurrency

Trump Coin is a cryptocurrency designed to celebrate the 45th President of the United States and his family. It seems people have been investing in the currency for some time and a lot of individuals are quite happy with it, but Trump and those who surround him have very different feelings about the currency. They are now threatening legal action against the currency’s developers and say that the asset uses the family name without permission. Trump Seeks to End the...

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