Tag Archives: Bitcoin News

Classic Parade – a company that rents out luxury supercars in the United Kingdom – is allowing customers to make payments with assets like bitcoin and Ethereum. Classic Parade: Rent a Supercar for 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 speculative or even hedge-like statuses in recent years, many of them...

Kathy Hochul – the current governor of New York – is facing real pressure to hurry up and sign the crypto moratorium that her state’s Assembly passed. Environmentalists Want Hochul to Move It is interesting to see such a liberal leader so hesitant to sign the moratorium. The bill calls for a two-year ban on all digital currency mining businesses thinking of setting up operations in the Empire State. Perhaps Hochul sees something wrong with the bill… Or perhaps, unlike...

Didi Taihuttu is a man that most crypto traders should likely be familiar with. As the patriarch of what’s been dubbed the “bitcoin family,” he and his kin have ultimately sold all their belongings and devoted their lives to bitcoin. They’ve invested everything into it, and have – up to this point – been living the high life thanks to the world’s number one digital currency by market cap. Didi Taihuttu Is Still Bullish About BTC But this kind of life has come with a few...

The U.S. Commodity Futures Trading Commission (CFTC) has filed charges against a company in South Africa and its head executive for allegedly running the biggest crypto-based Ponzi scheme in recorded history. It is believed the firm may have run a commodity pool composed of nearly $2 billion in bitcoin, though the pool is slated to have been fraudulent. It is also believed that the company violated registration protocols. A CFTC Investigation Is Underway The enterprise –...

A new crypto book is coming to store shelves everywhere. The nonfiction work is titled “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” It is being optioned by a film company called Jigsaw Productions, and adaptations are being developed in multiple media forms. The book is written by Andy Greenberg, a reporter and writer for Wired. New Crypto Book Details Tracking Crime The book follows a group of investigators that have uncovered ways of...

The European Union (EU) has agreed to some new regulations for the crypto space. The EU Seeks to Regulate Crypto Under the new laws being implemented, a cryptocurrency company working in an EU-labeled country must obtain a license before operating. It will also need to implement certain safeguards to ensure customers and their money are safe from fraud and illicit actors. Up to this point, crypto companies were only required to show proof that they had barricades against...

Not long ago, Live Bitcoin News published an article suggesting that Nayib Bukele – the bitcoin-supporting president of El Salvador – had lost his taste for crypto. He issued a tweet in response to a bitcoin-based inquiry that seemed kind of downtrodden, and many of us would understand why if that was the case. After all, the country has plunked more than $100 million into BTC, only to lose roughly 50 percent of the value initially gained due to the ongoing crypto...

Ric Edelman is the author of a new book called “The Truth About Crypto.” As a former financial adviser and wealth executive, Edelman sat down for an interview and offered his thoughts about what we can expect to see in the digital currency space in the coming years and months. Ric Edelman on Where Crypto Will Go Edelman started out by discussing the present crypto winter and what it means: A crypto winter refers to a major decline in the prices of bitcoin, Ethereum, and...

Bitcoin bull and hedge fund gazillionaire Mike Novogratz stirred controversy on social media when he used the recent Supreme Court decision to repeal Roe v. Wade to promote bitcoin. Mike Novogratz Takes Political Flak The decision – which occurred just a few weeks ago in late June – led to heavy protests on the left side of the political spectrum and cheering on the right. The repeal of Roe v. Wade severely limits one’s access to abortion rights in the United States...

Bitcoin price started a fresh decline below the $22,500 zone against the US Dollar. The price is now trading below $22,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $20,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a move below the $20,750 support. Bitcoin price is struggling below $22,000 against the US Dollar. BTC might extend...