Tag Archives: Bitcoin News

Just yesterday, Live Bitcoin News reported that Amazon – arguably the biggest retailer in the world – was going to begin accepting cryptocurrencies by the end of the year as forms of payment. However, now it looks like this idea was a simple rumor, and Amazon has come out to suggest that it has no plans whatsoever in accepting bitcoin or other forms of digital assets as payments for goods or services. Amazon Says “No” to BTC Payments… For Now At this stage, bitcoin...

The International Monetary Fund (IMF) is advising all countries to avoid making bitcoin or any other form of crypto their national currencies. The IMF Advises Making BTC Anything Other Than a Speculative Asset In a blog post, the IMF advises against making any sort of digital asset the currency of a national people. While the post does not mention any specific region, many countries – such as China – have turned towards making digital versions of their national...

Just yesterday, Live Bitcoin News published a piece discussing how few Americans are investing in cryptocurrency. While many residents of the region have no doubt heard of bitcoin and its digital counterparts, it appears many of them have not actually taken the leap into buying them. However, in Singapore, it seems that these results are the exact opposite, as the country has full-on embraced BTC and its virtual brothers and sisters. Singapore Really Loves Its Crypto...

Bitcoin and other forms of cryptocurrency are becoming extremely well known. Nobody can deny this, and the names of these assets are going down in the financial history books like no other assets have in recent years considering how far they have come just in the last year alone. However, while it seems everyone in America knows what these currencies are, not that many people are willing to purchase them yet. Bitcoin Is Still Undervalued, According to Survey According to...

Bitcoin has spiked like there’s no tomorrow. After several weeks of dealing with bearish activity, the world’s number one digital currency by market cap has surged all the way to the mid-$38,000 range. The jump appears to have something to do with Amazon, the biggest retailer in the world, and its potential decision to begin its own cryptocurrency and accept bitcoin as a payment method before the year is out. Amazon Suggests It Will Accept BTC Amazon is arguably the...

Bitcoin price started a fresh increase above the $35,000 resistance against the US Dollar. The price is now trading well above the $35,000 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair might correct lower, but the bulls are likely to remain active near $37,000. Bitcoin price is slowly gaining bullish momentum above $38,000...

For many institutions and high-end investors, bitcoin was not always an asset worth considering. However, with the price spiking to such an immeasurable degree, it looks like 2020 and 2021 have seen many of these individuals beginning to step into the crypto foray to take advantage of the space’s growing benefits. One of these individuals is Thomas Peterffy, the founder of online brokerage company Interactive Brokers. Interactive Brokers’ Thomas Peterffy Now Owns Crypto...

Between 2018 and 2021, the number of Americans holding bitcoin and other forms of cryptocurrency tripled. This is good news in the sense that bitcoin is becoming more well known and popular. Sadly, so many of these individuals still view bitcoin as a high-risk asset. Bitcoin Ownership Is Growing Every Day Over the past year or so, bitcoin has taken on new form in that many began to see it not as a speculative asset, but as a potential hedge tool. With inflation rising...

Bitcoin bull Jack Dorsey hopes that bitcoin and cryptocurrency can potentially lead to a world of fewer or maybe even zero conflicts. In a recent interview, he stated that he is hoping bitcoin can potentially lead to “world peace.” Jack Dorsey Wants BTC To Contribute to a Calmer Planet The CEO of both Twitter and Square suggested in a recent interview that the power of cryptocurrency could potentially lead to a calmer and less aggressive planet by lessening financial...

The bitcoin bear market appears to be lasting forever, and according to a new report from JPMorgan, it is going to take quite a bit of effort to pull the crypto space out of its present slump. JPMorgan On What Needs to Happen to Bring BTC Back Up Bitcoin has been down for the count for the past several months. The world’s number one digital currency by market cap hit a real snag about three months ago when it struck a new all-time high of $64,000 per unit. This may have...