The nation of Sri Lanka is warning citizens and telling them to avoid using or trading digital currencies whenever possible. Sri Lanka Appears to Be Very Anti-Crypto The warning comes at a moment when the whole world seems to be rethinking its attitude towards crypto. At the time of writing, the digital currency space is experiencing a period of suffering unlike any other. Bitcoin, for example, the world’s number one digital currency by market cap, has lost more than 70...
Read More »Kain Roomes Has Lost a Lot of His Crypto
Kain Roomes is a 29-year-old crypto trader that has seen his wealth plunge in recent weeks following one of the most horrendous crypto crashes in history. How Much Has Roomes Lost? The digital currency scene has been one of ugliness and depression as of late. The digital currency arena has lost more than $2 trillion in overall valuation, and it looks like it may take a while for things to recuperate. The world’s number one digital currency by market cap (bitcoin) for...
Read More »Bitfinex Is Sending More Bitcoin to El Salvador
Popular cryptocurrency exchange Bitfinex has announced it will be donating approximately 36 bitcoin units as well as $600,000 in Tether funds to the Central American nation of El Salvador. The company says this is all part of its ongoing efforts to support the nation. El Salvador Is Getting BTC from Bitfinex El Salvador has long been a bitcoin-loving nation. The country was the first to declare bitcoin legal tender in September of last year, claiming it was doing so to...
Read More »Thomas Peterffy: Bitcoin Will Be Worth Nothing
Thomas Peterffy – a brokerage pioneer and billionaire investor – explained in a recent interview that he thinks bitcoin will eventually become worthless given inflation is slated to last for several more years. Thomas Peterffy Says BTC Will Fall to Zero The 77-year-old founder and chairman of the online trading platform Interactive Brokers took note of the fact that inflation in America has reached 9.1 percent, a new all-time high for the most powerful country in the...
Read More »New Poll Suggests $10K Price for Bitcoin
A new poll is suggesting that most people think bitcoin will hit $10,000 per unit in the coming weeks and months rather than $30,000. Will Bitcoin Fall Down to $10K? The survey in question asked, “What do you think bitcoin will do first? Hit $30K or $10K?” Many of the survey respondents said that the latter number would be struck, suggesting sentiment surrounding bitcoin in recent weeks has become rather negative. The world’s number one digital currency by market cap is...
Read More »Will Bitcoin Top $70,000 In the Next Three Years?
With the bitcoin and crypto spaces in full crash mode, many are wondering when these ugly bear conditions are coming to an end. According to many analysts, there is a light at the end of the tunnel in the sense that bitcoin is likely to top its near-$70,000 all-time high (achieved last November) before we hit 2025. Will Bitcoin Recover Before 2025? Meltem Demirors – the chief strategy officer at Coin Shares – is one of the industry heads offering this sentiment, claiming...
Read More »Meet Stefan Berger, the Man Behind the EU’s New Crypto Legislation
Not long ago, Live Bitcoin News published an article discussing the new crypto regulations that the European Union (EU) was implementing. Now, we get a chance to meet the man responsible for bringing those regulations to the forefront. His name is Stefan Berger, and he’s a member of the European Parliament (MEP). Stefan Berger Wrote the Regulations Known as Market in Crypto Assets (MICA), the EU has implemented what many believe will be the ultimate legislation for...
Read More »Anthony Pompliano Builds Crypto Employment Center
Anthony Pompliano has been a longtime crypto bull. He’s been working with co-founder Colton Sakamoto over the past 18 months to establish a new crypto firm known as Inflection Points, which focuses on creating crypto employment and business training for workers as the space becomes more mainstream. Anthony Pompliano Is Developing Inflection Point The company has managed to garner nearly $13 million in new funding, and the firm wants to help crypto companies connect with...
Read More »Analysts: The Time to Buy Bitcoin Is NOW!
The crypto space isn’t doing well, but according to many analysts, the time to buy is now. Several industry heads are claiming that those who are enthusiastic about bitcoin need to begin stocking up and adding to their stashes quickly in that the market could find itself rebounding very soon. Analysts Say We Should Be Buying Bitcoin Should this happen, prices will immediately go up, meaning many of the traders and investors out there will get stuck paying higher prices...
Read More »PGA Tour Accepts Crypto Payments for Tickets and Hospitality Packages
The Barracuda Championship is the first PGA Tour stop that will be accepting cryptocurrency as a method of payment for event tickets. Thus, golf fans and digital currency fans alike can finally meet in the middle and enjoy something together. PGA Says “Yes” to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either...
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