Tag Archives: Bitcoin News

US regulators have banned the new bitcoin-based exchange-traded fund (ETF) submitted by Van Eck. The Securities and Exchange Commission (SEC) had until November 14 of this year to make an official decision, though it looks like regulators were not willing to take the entire time window they had open to them. They certified a “no” on November 12. The Van Eck ETF Is Ungraciously Kicked Aside The SEC has been one of the most closed-minded organizations to bitcoin and the...

Refugees in the Democratic Republic of Congo are turning to bitcoin to ensure their survival following a violent volcanic eruption. How Bitcoin Is Aiding Those Affected By a Volcano The trouble began on May 22 when Mount Nyiragongo erupted, leaving many residents homeless and displaced. Several found themselves stuck in a refugee camp and unable to fend for themselves. No money, no food, no provisions to keep them up to speed. This all changed when Gloire Wanzavalere –...

Bitcoin price started a fresh decline from the $66,000 resistance against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $62,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a break below the $58,500 support zone. Bitcoin price is gaining pace below $60,000 against the US Dollar. BTC might...

Popular social media giant Twitter has announced that it is developing a whole new division devoted entirely to cryptocurrency and blockchain technology. Twitter Is Building Its Own Crypto Department The department—known as Twitter Crypto—will focus on several growing aspects of the digital currency space including crypto payments, non-fungible tokens (NFTs), and decentralized services. A company spokesperson explained in an interview: Blockchain and crypto are unlocking...

Scams, scams, and more scams… It seems whenever we look at news relating to crypto as of late, it’s all we hear about, and according to several tech experts, the problem is getting worse. Crypto Scams Are a Serious Problem Scams have always occurred in the digital currency industry, but they have become more elaborate as time has gone by and the space has undergone change. For example, it used to be that a cyberthief ultimately gained control of the assets in a digital...

Not long ago, Live Bitcoin News discussed two siblings – 14-year-old Ishaan Thakur and his nine-year-old sister Aanya – and how they began their own cryptocurrency mining business. They started out earning only about three dollars on a single day, but eventually, things rose to such prominence that they began earning $30,000 per month and even established their own cryptocurrency. Two Siblings Started a Mining Business That Continues to Expand Today, since opening their...

Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...

Credit card giant Mastercard has partnered with three distinct companies in Asia and Australia to offer digital currency payment cards to its customers. Mastercard Is Pushing the Crypto World Forward The companies assisting Mastercard’s newfound crypto agenda are Bitkub, a crypto exchange in Thailand; crypto finance firm Amber Group, and Australian trading platform Coinjar. While the payment cards being issued will not allow people to utilize crypto directly for...

The United States Justice Department has seized more than $6 million in digital currency funds that were allegedly garnered through ransomware attacks. The Justice Department Is Moving Fast The move comes after the Justice Department recently issued new sanctions against both countries and various global exchanges that had potentially been part of collecting ransomware funds and laundering the money. Several arrests of alleged hackers have also taken place as the Justice...

If you like steak, shrimp, and beer, you might be able to garner cryptocurrency rewards for purchasing them. Restaurants such as Bubba Gump Shrimp, Morton’s Steakhouse, and the Rainforest Café – all owned by a corporation called Landry’s – are giving customers a chance to earn digital currency rewards whenever they dine in depending on what meals or products they buy. Landry’s Permits BTC Rewards for Buying Shrimp and Steak Landry’s has partnered with the NYDIG to...