Tag Archives: Bitcoin News

Bitcoin continues to fall. At the time of writing, the world’s number one digital asset has fallen below the $42,000 range, meaning it’s at its lowest point in months, and yet, according to some sources, this may not be a bad thing. Bitcoin Has Dropped, but There’s a Possible Good Side to This While at first, it’s perfectly natural to get completely concerned about the price of bitcoin and the direction the currency seems to be taking, it has been stated that a drop like...

Kazakhstan is experiencing civil unrest after a major internet shutdown resulted in many businesses – including crypto mining projects – unable to operate appropriately. Kazakhstan Internet Outage Results in Rioting Kazakhstan has become a new bitcoin mining hub over the past several months following the major China shutdown that occurred in the summer. China announced that to comply with new rules from Beijing designed to make the country more carbon neutral, all...

2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are experiencing bearish activity that has seen them endure some of their biggest price drops in months. Bitcoin and Other Assets Are Experiencing Heavy Dips Bitcoin, for example, is presently trading for around $43,000 per unit. This is about $25,000 less than the all-time high it...

The crypto space saw unprecedented growth last year, and unfortunately, this led to a heavy surge in crypto-related crime. According to a new study conducted by blockchain analysis firm Chainalysis, illicit activity in the crypto space saw approximately $14 billion in crypto go to scam or fraudulent addresses. Chainalysis: The Amount of Crime Nearly Doubled in 2021 Compare this number with the $7.8 billion that was stolen in the year 2020. From one year to the next, the...

The town of Forsyth, Georgia is about to get a whole new cryptocurrency mining facility, but unfortunately, not all the residents are taking the news well. Forsyth, Georgia Will Be a New Crypto Haven The crypto mining industry has been great for many people. It has led to huge surges in new types of revenue, and it has also created a whole new string of jobs for tech hounds to enjoy. Sadly, the space has also garnered heavy bits of criticism from environmentalists who...

Customers Bank – a top 100 commercial and consumer bank – is looking to broaden its expertise and presence in the cryptocurrency space. The company has worked to bring on at least seven new digital currency experts as a means of helping the bank provide proper crypto services to its many clients. At the time of writing, Customers Bank manages close to $20 billion in total assets. Customers Bank Is Looking to Boost Its Crypto Expertise Sam Sidhu – president and chief...

It has arguably gotten to the point that crypto traders don’t know what to make of India. One minute it seems to be pushing crypto. The next, it’s shoving it down to the lowest rung on the financial ladder. India and Its New Crypto Index Recently, global crypto app Crypto Wire has unveiled a new crypto index for India that will monitor the performances of the world’s top 15 digital currencies. Known as IC15, the product will allow traders in India to view the price...

The Securities and Exchange Commission (SEC) has brought former Senate staffer Corey Frayer on board to serve as a new advisor regarding crypto and digital currency-related issues. The SEC Is Pushing Its Crypto Agenda Forward The SEC has long been a thorn in the side of the crypto space. Despite all the bitcoin-based exchange-traded fund (ETF) applications that have made their way across SEC desks during the past four or five years, the agency has long thought the space...

What could have easily been an innocent gimmick is getting mocked mercilessly on Twitter and other social media platforms. Not long ago, Live Bitcoin News put out an article discussing a new crypto commercial starring Oscar-winner Matt Damon, who won an Academy Award for penning the screenplay to “Good Will Hunting” in 1997. Matt Damon Is Getting Some Flak It appears the commercial has not sat well with many viewers, with some sources calling it an “embarrassing cash...

The European nation of Kosovo has banned all bitcoin and crypto mining as a means of saving electricity. The country is currently facing one of the worst energy crises it’s ever experienced, and it’s allegedly due to production outages. Kosovo Becomes the Next Country to Ban BTC Mining Artane Rizvanolli – the economy and energy minister – explained in a statement: All law enforcement agencies will stop the production of this activity in cooperation with other relevant...