Alex Jones – a far-right media personality and the man behind Infowars – has lost a lot of bitcoins. Alex Jones Loses A Lot of BTC In a recent podcast episode, Jones told his guests that he had accidentally lost a laptop gifted to him by his friend Max Keiser, a hardcore cryptocurrency advocate. This laptop contained as many as 10,000 bitcoin units on it, and he had gotten the laptop about ten years prior when bitcoin was trading for just a few cents at most. Today,...
Read More »24-Year-Old Stefan Qin Pleads Guilty to Crypto Scam
At 19 years old, Stefan Qin – a self-proclaimed math prodigy – thought it would be a great idea to leave his university studies in Australia and relocate to New York to start two cryptocurrency hedge funds. Now, at 24, he has pled guilty to a scam that could land him a 20-year jail sentence. Stefan Qin Pleads Guilty Qin is the man behind Virgil Sigma and VQR, two cryptocurrency-based hedge funds. He told clients that he had developed algorithms that allowed him to...
Read More »Didi Taihuttu Is Hiding His Bitcoin All Over the World
Last November, Live Bitcoin News reported on a man named Didi Taihuttu and his family who had given everything they owned up in exchange for bitcoin. This was a family that lived by bitcoin, with bitcoin, and for bitcoin. They were willing to bet everything on it, and they had extremely high hopes for their financial futures. Didi Taihuttu Is Taking His BTC Dreams Further Now, Taihuttu and his family have taken their bitcoin journey to a whole new level. They have hidden...
Read More »Bitcoin Stumbles a Bit, Now Trading at $44K
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....
Read More »Many Analysts Think Bitcoin Could Reach Six Figures By the End of 2021
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...
Read More »Mark Cuban Isn’t Happy About Bill’s Crypto Verbiage
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...
Read More »Exchange CEO Says That Retailers Are Heading Back to Bitcoin
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...
Read More »PayPal’s Venmo Unveils New Cashback-Crypto Program
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...
Read More »Crypto Amendment for Infrastructure Bill Leads to More Problems and Infighting
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....
Read More »BTC Miner Clean Spark Buys Georgia Data Center
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....
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