Tag Archives: Bitcoin News

A burger chain known as Shake Shack is giving crypto traders a reason to eat at its establishments. Any purchases made at a Shake Shack location using the Cash App will get rewarded with bitcoin. Shake Shack Is Experimenting with Bitcoin Customers who use the Cash App to purchase items from Shake Shack can receive 15 percent cashback on those purchases in the form of BTC, the world’s number one digital currency by market cap. Those interested can seek promotions in Cash...

Bitcoin price started a fresh increase from the $37,150 support against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $39,120 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $42,250 and then $43,000 to continue higher in the near term. Bitcoin price climbed higher above the $40,000 resistance against the US...

A city in Switzerland called Lugano is taking a page right out of El Salvador’s book. The region has announced that it will make bitcoin legal tender. In other words, bitcoin can be used just like fiat currency, and businesses and companies throughout the area will be required to accept it as a method of payment. Switzerland Is Pushing Crypto Further Switzerland has long been a huge crypto advocate, which is good given that the country has a longstanding history as a...

Texas has become the go-to state for those looking to mine bitcoin and cryptocurrencies. Several miners who were shut out of their native China have gone to places like Texas to set up new shops and take advantage of its low energy prices. Texas Has Seen Its Mining Business Expand Heavily While this has been great for the economy in Texas, some are worried about the amount of electricity being used and the pressures this is putting on its grid. Lee Bratcher – president...

With the recent invasion of Ukraine by Russia, many have stated that the imposing nation is going to look to bitcoin and assorted cryptocurrencies to avoid or get around sanctions enforced by the United States and its allies. In response to this, the U.S. is now creating a special task force to prevent that from happening. Can Russia Use Crypto? Roughly two weeks ago, the world watched in shock and horror as Russia invaded its neighbor Ukraine. Thus far, several civilian...

India is likely making a big mistake considering a ban on crypto any further given that it’s people really seem to love the industry. India Has an Odd Relationship with Crypto Swati Daga is a businesswoman in India that first bought bitcoin in the year 2017. This was at a time when the currency was trading for under $3K. Her family did everything they could to try and convince her that investing her hard-earned cash in BTC or any other form of crypto was a bad idea, but...

It’s always refreshing to see someone change their minds about crypto, and in the case of billionaire Ken Griffin, he has gone from a negative Nancy to a believer. Ken Griffin Stands Behind BTC It wasn’t long ago when Griffin was advising all his followers and listeners that bitcoin was a space to avoid. Not long ago, he purchased a copy of the American constitution for roughly $40 million and beat out Constitution DAO, a crypto group that sought to purchase the item...

The central bank of China has recently issued a report claiming that bitcoin trading in the country has fallen from about 90 percent to ten percent worldwide at the time of writing. China Bitcoin Trading Has Really Fallen Automatically, we feel a huge inclination to shout, “Duh!” at the bank’s representatives. If they are reporting this in surprise, they are on the wrong track. China has worked very hard over the past year to ensure that bitcoin and crypto trading has no...

Leading trading technology provider Mercury Digital Assets has unveiled its new BEACON OTC platform. The software is designed to provide several crypto markets – including ATMs and digital exchanges – with institutional services that will help them provide crypto derivatives and spot trading for customers. Mercury Digital Is a Leading OTC Provider Crypto has come a long way in the past several years. While initially traders could only invest in specific coins through...

Over the last few weeks, Live Bitcoin News has been carefully and closely monitoring Russia’s invasion of Ukraine. We have reported the high number of bitcoin and crypto donations the country has received, which are now allegedly being used to support Ukraine’s military and give people the supplies they need to fight back. Ukraine Keeps Getting Digital Money Not long ago, Ukraine was reported to have earned as much as $12 million in crypto donations. Now, it appears the...