Tag Archives: Bitcoin News

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has taken a small dive. Over the past couple of days, the currency has been trading in the $45,000 – $46,000 range, and many thought the asset was making its way clear to $50K. However, it looks like once again bitcoin moved a little too quickly for its own good. The asset has since fallen back a bit into the low $44,000 range, and many analysts are hoping BTC can take a breather....

Not long ago, Live Bitcoin News published a story suggesting that Tom Lee of Fundstrat fame was suggesting a $100,000 year-end price for bitcoin when 2021 reached its final days. Now, it looks like several other analysts agree, and believe six figures for the world’s number one digital currency in the next four months doesn’t sound so outlandish. Bitcoin Headed to the Moon! Meltem Demirors – the chief strategy officer at the crypto fund provider Coin Shares – took notice...

With the passing of the infrastructure bill in the Senate, men like Mark Cuban are getting worried about what could potentially happen to the crypto space in America in the coming future. Mark Cuban Doesn’t Want Holds Put on the Crypto Space One of the most controversial things about the infrastructure bill in the United States – aside from the fact that it was passed without being fully written – was that it contained a section detailing cryptocurrency taxation. This...

It looks like retail customers are coming back to the world of bitcoin, according to one analyst. Bitcoin Is Once Again the Object of Affection for Retailers Caroline Bowler – the CEO of Australian cryptocurrency exchange BTC Markets – explained in a recent interview that bitcoin has been suffering as of late, and that the circumstances surrounding it have ultimately brought retailers back into play. She says that the currency has remained above a key technical point, which suggests bullish...

Venmo – a division of PayPal – is launching a new feature that will allow customers to purchase cryptocurrency with the money they earn back from using Venmo-based credit cards. Venmo Customers Can Now Use Their Cash Rewards to Buy BTC One of the big benefits of this program is that users will not be subjected to transaction fees as they are not purchasing crypto directly with bank accounts or other specific payment tools. The company says that the cashback system will...

This infrastructure bill is turning into an absolute joke. After allegedly coming to an agreement over a potential amendment to the cryptocurrency portion of the bill, the new language detailing crypto transactions and brokers is getting attacked by senators such as Bernie Sanders of Vermont, thereby resulting in additional holdbacks. The Infrastructure Bill Is Becoming a Major Problem The bill is already stupid given that it is presently worth approximately $1 trillion....

Clean Spark Inc., a “clean” bitcoin mining firm, says it has obtained a second data center in the town of Norcross, Georgia. The move is designed to boost the amount of bitcoin and crypto the company extracts from the blockchain, and the new center encompasses approximately 87,000 square feet. Clean Spark Buys Into Bitcoin Even More Clean Spark is now expected to extract as much as 18 new bitcoin units per day. The new data center was formerly a Sprint/Nextel firm....

AMC movie theaters are allowing people to pay for movie tickets and concession items (such as popcorn and other goodies) with bitcoin by the end of the year. AMC Will Now Accept BTC The movie theater chain made the announcement in a press release earlier in the week. Moviegoers will now be able to see their favorite films and catch up on the latest movie franchises by paying with the world’s number one digital currency by market cap. This brings bitcoin closer to its primary goal of being...

Tom Lee of Fundstrat fame is sticking to a bold prediction regarding bitcoin – the world’s number one digital currency by market cap – that he made earlier in the year. In a recent interview, he stated that he still sees bitcoin hitting $100,000 per unit by the end of 2021. Tom Lee – BTC Could Reach $100K Before 2022 Tom Lee is no stranger to making bitcoin price predictions. For the most part, they have been a little outlandish – either because there is a lack of time...

Bakkt Holdings, LLC – a crypto investment platform designed for institutions – has partnered with Quiznos, a popular sandwich shop, to allow customers to pay for food and drink items with crypto. Bakkt and Quiznos Are Teaming Up to Boost Crypto Purchases Bitcoin and many of its digital counterparts were initially designed to serve as payment tools. They were built so that users could push fiat, credit cards, and checks to the side, thereby garnering more financial...