Tag Archives: Bitcoin News

A new study suggests that bitcoin and cryptocurrency have grown like crazy. They are part of a big industry that is seeing many investors, analysts and individuals stepping in and desiring to take advantage of the many benefits. There just seems to be a big problem: the crypto space is allegedly dominated by men, while women are struggling to keep up. Women Aren’t As Active in Crypto as Men Per a new study conducted by CNBC, Momentive, and other partners, it appears that...

Two siblings have learned a lot about bitcoin mining over the past few months and are now putting their knowledge to good use. 14-year-old Ishaan Thakur and his nine-year-old sister Aanya have apparently been earning more than $30,000 per month mining the world’s number one digital currency. Ishaan and Aanya Have Become Mining Moguls In a recent interview, Ishaan states: We started because we wanted to learn something new about technology – and also make some money along...

Not too long ago, Live Bitcoin News put out an article discussing the worried attitude in El Salvador regarding the new law that would allow bitcoin to become legal tender starting next week. It appears the situation has escalated quickly, as people have gone from being concerned about volatility and business measures to straight up being anti-crypto. There are several protests going on in the Central American country, and many people are not too happy about the...

John Paulson – an investor with billions of dollars to his name – is no fan of bitcoin and has apparently joined the “Warren Buffett” club of billion-dollar bitcoin haters. John Paulson Thinks Crypto Is “Worthless” In a recent interview, Paulson – the co-founder of the Carlyle Group – described bitcoin as a “limited supply of nothing.” He further stated that the entire crypto industry was a huge “bubble” that would eventually prove itself to be “worthless.” The Carlyle...

The Dallas Mavericks have a special promotion set to last through the end of September. Right now, if you purchase at least $150 worth of merchandise with bitcoin or cryptocurrency, you can earn a $25 gift card. The move is just the latest brought forth by Mark Cuban as a means of pushing crypto forward. The Dallas Mavericks are So Crypto Savvy The Dallas Mavericks were one of the first teams to permit bitcoin payments for tickets and merchandise. Interestingly, the team...

A man named Andrew Schober is accusing two young men in Britain of stealing his cryptocurrency fortune and refusing to give it back. Andrew Schober Is Working to Get What’s His The situation is unique in the sense that the two culprits in question were initially still minors when they committed the theft. Named Benedict Thompson and Oliver Read, both are alleged to have stolen the money three years ago in 2018 from Schober, who allegedly owned a crypto wallet known as...

El Salvador is all set to make bitcoin legal tender by next week, and yet already the country is experiencing a lot of resistance and fear from its own people. El Salvador Is Pushing Bitcoin, But Not Everyone’s Happy In many ways, bitcoin is still a new – and struggling – technology. The world’s number one digital currency by market cap, like many of the globe’s cryptocurrencies, was initially designed to serve as a payment tool; something that would ultimately push...

Bitcoin price failed to gain pace above the $49,000 resistance against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $48,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $46,500 support level to continue higher in the near term. Bitcoin price is struggling to climb above $48,000 against the US Dollar. BTC...

Cryptocurrency miners from China are now beginning to set up shop in neighboring countries such as Russia and Kazakhstan. As a result, they are coming back online to extract new bitcoin units, and they are again presenting serious competition to miners in the United States and other bitcoin havens. Miners in China Are Setting Up Shop Elsewhere Not long ago, Beijing ruled that all mining in China was to be banned, claiming that the hazards of bitcoin mining were simply...

Accelerate Financial Technologies Inc. is planning to unveil a new bitcoin-based exchange-traded fund (ETF) soon, and in return, the company has stated that it will plant more than 3,000 young trees as a means of fighting the carbon footprint that mining bitcoin is alleged to leave behind. Accelerate Financial Technologies Is Trying to Offset Bitcoin’s Negativity Over the past several months, there have been many arguments that mining cryptocurrency is somehow hazardous...