Tag Archives: Bitcoin News

Bitcoin price started a fresh increase above the $50,000 resistance against the US Dollar. The price is now trading above $52,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $55,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $56,500 level. Bitcoin price is gaining pace above $50,000 against the US Dollar. BTC...

Not long ago, Live Bitcoin News produced an article about a pair of siblings living in Texas that had created their own successful mining business. Ishaan and Aanya Thakur – 13 (now 14) years of age and nine years of age, respectively – had studied mining videos on YouTube and converted old equipment to extract Ethereum and other forms of crypto from the blockchain. Texas Siblings Take Their Love of Crypto to the Furthest Reaches Now, these siblings are looking to take...

Cryptocurrency activity is all the rage as of late, so what does one do when they feel they have been cheated by family members who are seeking to do all they can to take advantage of growing crypto activities? Cryptocurrency Has the Capacity for Good… And Not So Good Things This seems to be the plight of one woman who has written in to financial news platform MarketWatch. Choosing to remain anonymous, the woman explained to the platform that her father reached out to...

Andrew Yang has announced his departure from the Democrat Party. He is now creating an entirely new political party known as the “Forward Party” and it’s going to be a major push for bitcoin and cryptocurrencies. Andrew Yang: Once Again Putting Bitcoin at the Helm Yang has often sought to make a name for himself in the worlds of politics and crypto. Many times, he has worked to place both these elements together. For example, in 2019, Yang announced a bid to run for President of the United...

The U.S. Justice Department is establishing a new division that will look specifically into cryptocurrency crimes such as money laundering and theft. The Justice Department Seeks to Have a Hand in Regulation The idea of regulating the crypto space has been on the tables of many global leaders over the past several years. The trouble is that very few of these leaders have ever gotten around to doing something, which has ultimately proven to be both bad and good at the...

The bitcoin and cryptocurrency spaces are really starting to pick up speed. At the time of writing, the world’s primary digital currency by market cap is trading for just over $54,000, which is about $4,000 higher than where it was just a few weeks ago. Bitcoin Continues to Make Its Mark On the World The currency typically experiences bearish activity in September. In 2020, for example, the currency fell to about $10,000 per unit from $12,000 during the previous month....

People are seeking to use cryptocurrencies like bitcoin and Monero to escape jihad-controlled regions of the Middle East. Bitcoin Is Playing a Big Role for Those Looking to Escape the Middle East One such example is a girl simply known as “Sara.” This woman is a European affiliated with Isis. She is presently living in a camp in northeast Syria and is desperate to escape. Through an encrypted application, she put out the following message to anyone who would be able to...

Donald Trump – the 45th President of the United States – doesn’t want other currencies coming in and threatening the U.S. dollar. This includes bitcoin. Donald Trump Doesn’t Want the U.S. Dollar Threatened Trump has not always been friendly to bitcoin. He made several disparaging comments about the digital asset in 2019 that saw many people react negatively and lash out on Twitter. His comments were: I am not a fan of bitcoin and other cryptocurrencies, which are not...

Tesla fans can once again purchase their next vehicles with crypto, though it really has nothing to do with Elon Musk. You Can Buy a Tesla with Crypto, But Musk Isn’t Involved The payment protocols come by way of a new company called Car for Coin, a digital currency marketplace designed to help crypto collectors purchase exotic and rare vehicles with their assets. Among the vehicles for sale on the site are Lamborghinis and, of course, electric Teslas. While there is...

As the former Securities and Exchange Commission (SEC) chairman, Jay Clayton oversaw the financial agency for approximately four years. He came down hard on the industry many times, and initiated penalties to companies that claimed their securities were mere “tokens” or “coins” that the SEC held no jurisdiction over. Jay Clayton On the Future of Crypto However, despite this hardcore attitude, Clayton is quite positive about the future of crypto. He thinks that blockchain...