Tag Archives: Bitcoin News

Democrat representative Jesus “Chuy” Garcia has been removed from the House Financial Services Committee following the overtaking of the House of Representatives by republicans and the implementation of Kevin McCarthy as House Speaker. Jesus Garcia Says “Bye” to Committee Position The decision to have Garcia removed appears to stem largely from allegations that he accepted money and donations from Sam Bankman-Fried, the disgraced crypto executive in charge of the now...

Bitcoin has support from one of Wall Street’s biggest players. Recently, financial giant Goldman Sachs issued a new report claiming that BTC is one of the best performing assets of the year thus far, and it has big hopes and plans for the world’s number one digital currency by market cap. Goldman Sachs Is Enthusiastic About BTC Bitcoin experienced its most bearish year in 2022. The asset fell by more than 70 percent from its all-time high of $68,000 per unit (which it...

After everything that’s happened over the past several months, it looks like Tesla and its CEO Elon Musk have retained some of their bitcoin holdings. Tesla and Musk: Still Silent BTC Fans? The past year has been rather hellish for bitcoin, and while the world’s number one digital currency has managed to endure a few price bumps here and there during the early weeks of 2023, it’s going to be a while before the pain and suffering experienced in 2022 comes to a full halt....

Two women in Grand Traverse County in Michigan were scammed out of more than $50K in crypto funds after falling victim to a digital currency fraud scheme. The news came by way of a statement given by Sheriff Lt. Brandon Brinks. Lt. Brinks on Crypto Scams In the statement, Brinks said crypto scams are always difficult to narrow down and track given that they’re always changing, and fraudsters are always altering their methods of obtaining digital asset funds. He said:...

North Korea has long done anything and everything it could to get its hands on crypto. There’s no doubt about that. At this stage, it’s obvious the nation is trying to garner digital assets so it can fund its ongoing nuclear program. However, until now, we’ve always been afraid of Lazarus, as this is the main state-funded hacking organization trying to garner illicit crypto through stealing, cyberattacks, and thievery. North Korea Has a New Group Stealing Crypto It now...

Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce – who’s often dubbed the “crypto mom” thanks to her open-minded nature towards bitcoin and crypto – is calling for strict regulation of the space and says this will provide more clarity for traders and help to keep investors shielded from bad actors. Hester Peirce Says It’s Time to Regulate Crypto In an interview, Peirce said: If we continued with our regulation-by-enforcement approach at our current...

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According to Nobel Prize-winning economist Paul Krugman, there are many people out there likely getting rid of their crypto and trading it in for gold. Paul Krugman Thinks Gold Is Outdoing BTC The last 12 months have been marred by bad crypto activity. Bitcoin, for example, lost more than 70 percent of its value following its hike to $68,000 per unit in November of 2021, a new all-time high for the world’s number one digital currency by market cap. Many other assets...

Not long ago, Live Bitcoin News put out an article talking about how a company called Zebedee had joined hands with technology firm Viker to create a bitcoin-themed version of chess. It looks like Zebedee isn’t quite done forming partnerships yet given it’s now looking to establish a relationship with “listen-and-learn” podcast platform Fountain to give listeners a chance to earn BTC every time they enjoy a podcast presentation. Zebedee to Offer Bitcoin to Podcast...