Tag Archives: Bitcoin News

Bitcoin is edging towards recovery after nearly three months of heavy drops. The world’s number one digital currency by market cap has been undergoing one of its biggest valuation changes, having surged all the way to a whopping $64,000 per unit back in April of this year. However, about a month later, the currency began experiencing mega dips that ultimately saw it trading for less than $30,000 for a brief period. Bitcoin Has Begun Its Climb to the Top Again Bitcoin...

Back in November, many analysts claimed that Joe Biden would be the man to put bitcoin on the map. Allegedly, his policies towards the world’s number one digital asset would be so friendly that the asset would make its way to the top of the financial ladder and become the ultimate tool for financial investors, but has BTC fared any better under the 78-year-old former senator? What Has Biden Really Done for Bitcoin? During Biden’s time in the White House, bitcoin has been subjected to one of...

YouTube star KSI is the latest celebrity figure to become a major bitcoin fan. KSI Sure Loves His Bitcoin In a recent interview, the video maker and rapper commented that bitcoin was “the future” and that it was a “long haul thing.” When asked what he would do if he was prime minister, he responded with: I would give everyone 100 pounds worth of bitcoin, like a bitcoin stimulus package for all. I’m really into crypto. I think bitcoin is the future. It’s going to be long...

The recent bitcoin crash saw the world’s number one digital currency briefly trading below the $30,000 mark. At the time of writing, the asset has shot up to about $42,000 per unit, meaning it has gained roughly $13,000 in just a matter of weeks. Things are going better for BTC, and it looks like the crash may be over. According to Sam Bankman-Fried – one of the world’s youngest crypto billionaires – the recent drop could have been a lot worse and played out rather well...

The cryptocurrency space is climbing towards a market cap of roughly $1.7 trillion given that bitcoin is now trading above $42,000 – something it hasn’t done in a very long time. The currency was allegedly given a slight push by the “London” upgrade that occurred for Ethereum a few days earlier, and this upgrade likely caused several other altcoins (such as Cardano and Polkadot) to shoot up as well. Ethereum Is Slated to Flip Bitcoin in the Coming Years But while bitcoin...

Fidelity Investments Inc. is now a major stakeholder in Marathon Digital Holdings, one of the biggest bitcoin mining firms in North America. Fidelity Investments Buys More Than 7% of Marathon At the time of writing, Fidelity has purchased a 7.4 percent stake in the crypto mining enterprise, thereby boosting the institutional presence that has grown so prevalent in the crypto world over the past few months. Since the end of last year, many institutional figures from...

Billionaire investor Ray Dalio clearly has a soft spot in his heart for bitcoin, but when it comes to gold, it looks like that soft spot gets even bigger. In a recent interview, Dalio was quick to claim that bitcoin is like a digital version of gold, but he still values the real thing over its digital counterpart. Ray Dalio: Gold Is a Better Choice In the interview, Dalio explains jokingly: If you would put a gun to my head and you said, ‘I can only have one,’ I would...

Gary Gensler of the U.S. Securities and Exchange Commission (SEC) has expressed a certain and sudden openness regarding bitcoin and crypto-based exchange-traded funds (ETFs), though many BTC and crypto analysts aren’t too happy about the situation. Will Bitcoin ETFs Soon Garner Approval? As it turns out, Gensler wants these ETFs to operate under a strict mutual fund rule that dates all the way back to the 1940s. In addition, he has stated that while the agency would be...

Just yesterday, Live Bitcoin News published an article about Clean Spark and all the growth it was experiencing. Apparently, it is not the only major crypto mining firm undergoing massive changes. Today, news has come out about Marathon Digital Holdings, Inc., which is a competing firm that is now experiencing heavy updates of its own. Marathon Is Headed for the Big Time July has been one of the biggest months for Marathon in quite a while. The company produced more than...

Bitcoin has been struggling as of late. While the currency has jumped into the high $30,000 range, the world’s number one digital currency by market cap had initially dropped by more than 50 percent from its mid-April high of roughly $64,000. Bitcoin May Reach $700K in the Next Decade Still, that isn’t stopping people from losing hope, and now Dan Morehead – the founder of Pantera Capital – is suggesting that bitcoin could spike as much as 1,500 percent within the next...