Tag Archives: Bitcoin News

Premier league soccer team Manchester City is cutting ties with 3Key, a cryptocurrency startup. Both enterprises had spent less than a week working together after the team declared the firm an “official regional partner in decentralized finance trading analysis.” Manchester City Says Goodbye to 3Key Reports suggest that Manchester City is concerned given that 3Key is lagging an online presence. This could ultimately be because the firm is classified as a “startup,” and...

Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...

Singapore-stationed crypto mining firm Bitdeer Technologies Holding Co. is merging with a company known as Blue Safari Group Acquisition Corp. The former enterprise is controlled by Jihan Wu – a Chinese billionaire who is responsible for bringing Bitmain to life – and will begin trading on the Nasdaq once the $4 billion acquisition is complete. Bitdeer Has Some Big Plans As one of the most influential people in the digital currency space, Wu worked as the head equipment...

Just the other day, Live Bitcoin News reported on an auction that was taking place for an original copy of the U.S. Constitution. It was supposed to be only one of 13 copies of the original 500 that ultimately survived history and lasted the 230+ years that have gone by since it was first written. The Constitution Wasn’t Won with Crypto… A group of avid crypto fans – known as Constitution DAO – began collecting crypto funds from people everywhere through social media and...

The crypto space hasn’t been doing all that well, lately. The industry – which recently experienced a crash that brought it below the $3 trillion mark – has lost about $500 billion over the past seven days, as many investors have seemingly cashed out after bitcoin rose to a new all-time high of nearly $69,000. Bitcoin and Crypto Experience Further Drops We have seen this time and time again. Sadly, the space is filled with many individuals who have short-term goals. It...

A group of crypto fans are getting together to bid on a first edition copy of the U.S. Constitution. Buying the Constitution with Crypto… Can It Be Done? The group – which calls itself Constitution DAO – has allegedly raised more than $32 million in crypto funds from anonymous donors in under seven days. Apparently, they really want to purchase a piece of American history. At this stage, enough money has been raised that the individuals can compete with the heavy bidders...

Over the past few months, crypto has really taken precedence with traders and American politicians. For example, New York City’s mayor-elect Eric Adams wants to be paid in BTC. He also wants to see crypto taught in schools. Miami’s mayor Francis Suarez also wouldn’t mind bitcoin-based pay. Crypto Isn’t Loved By Everyone The point is that crypto is witnessing heavy growth in its popularity. Unfortunately, many environmentalists still don’t see the space as worthwhile....

A bitcoin-based exchange-traded fund (ETF) has made it onto the New York Stock Exchange (NYSE). Released by a company called Pro Shares, this product became the target of many crypto-related news headlines in recent weeks, and it has caused many people to see the digital currency space in a whole new light: one of legitimacy and precedence. A Physical Bitcoin ETF Is Needed for the Space to Grow Sadly, this and other recently greenlit ETF products are based on bitcoin...

A teenager hailing from the Hamilton, Ontario area of Canada has been arrested for allegedly taking part in a SIM swapping incident that stole as much as $46 million in crypto funds. The victim, who is unnamed at the time of writing, is situated in the United States. SIM Swapping Is a Big Problem The arrest occurred following a joint investigation led by the United States Secret Service Electronic Crimes Task Force and the Federal Bureau of Investigation (FBI), which...

Jon Cunliffe – the deputy governor of the Bank of England – feels the crypto space is spiraling out of control… So much so, that it’s now beginning to threaten the financial stability of both citizens and countries alike. Jon Cunliffe Thinks Crypto Presents Certain Hazards Over the past few years, the world of cryptocurrency has grown to unprecedented levels. Bitcoin, for example, is the world’s number one digital currency by market cap. At the time of writing, it is...