Tag Archives: Bitcoin News

It does not always look like football and bitcoin would go together, but today, we are being given another example of how they do in the form of New York Giants running back Saquon Barkley, who has agreed to a deal that will give him all his marketing money in bitcoin. Saquon Barkley Is Now a Bitcoin Devotee Barkley has become a major crypto fan over the years. So much so, that he is now willing to accept all the money from his recent endorsement deals in the world’s...

Residents of Australia will soon be able to utilize bitcoin and other cryptocurrencies for payments at retail outlets throughout the nation thanks to a partnership between Crypto Spend – a digital currency startup in the Great Outback – and financial giant Visa. Visa and Crypto Spend Are Releasing a New Credit Card Thanks to a new Visa credit card that Crypto Spend is releasing, Australians will be able to spend digital currency on goods and services at nearby stores by...

Digital Mint is a company that provides tools and funds to companies that have fallen victim to bitcoin and crypto-based ransomware attacks. Digital Mint Is There to Help with Crypto According to security firm Cybersecurity Ventures, a business will fall victim to a ransomware attack every 11 seconds. In recent months, many of these attacks have demanded not cash or standard fiat, but rather bitcoin or other forms of crypto. One of the biggest – and most recent examples...

Nassim Nicholas Taleb – the author of “Black Swan” – does not think much of bitcoin. Taleb Is No Longer a BTC Fan In the past, Taleb has been a huge advocate of the digital currency. He has commented that individuals “cannot ignore the bitcoin story,” claiming it had come quite far in the time it had been available to traders. He touted it as a powerful asset, and it was time to take the currency seriously. However, now it looks like Taleb is reversing his stance. In a...

What the heck ever happened to bitcoin serving as a tool that works against inflation? Bitcoin garnered this reputation last year during the coronavirus pandemic, but as it turns out, prices are continuing to rise, and the world’s number one digital currency by market cap has seemingly failed to get in the way. Bitcoin Is Not Working to Halt Inflation Many analysts are beginning to wonder why bitcoin is allegedly refusing to do its job. For the longest time, bitcoin was...

Summer is often a mixed time for cryptocurrency. In both 2018 and 2019, assets like bitcoin and Ethereum ultimately garnered mild gains here and there that caused several analysts and financial heads to think that the space was entering a period of recovery following massive prior drops. Cryptocurrency Sees Its Figures Drop During June This time around, however, cryptocurrency has been suffering heavily, and it does not look like things are on the verge of recuperating....

Not long ago, Live Bitcoin News reported on a diamond that was being sold by Sotheby’s. The diamond was more than 101 carats – a rare feat for any jewel – and the big clincher was that the auction house was willing to accept crypto bids for the item. It now looks like this little bet has paid off. Sotheby’s Auction Makes Crypto History A crypto fan has ultimately parted with approximately $12.3 million in digital funds in exchange for the jewel. According to a statement...

Crypto volumes are continuing to fall through the floor, and according to the latest data from digital asset manager Coin Shares, trading numbers have dropped to their lowest levels. Coin Shares Data Suggests an Ugly Exodus Bitcoin has taken one of its nastiest dives in history. The world’s number one digital currency by market cap was trading for a new all-time high of approximately $64,000 per unit in mid-April, though at press time, it is trading for approximately...

It looks like a thief’s love of bitcoin has gotten him in big trouble with American legal authorities. 33-year-old Aaron Laws of Atlanta, Georgia was recently sentenced to approximately three years in prison for allegedly stealing credit card numbers through Apple Pay to purchase bitcoin and more than $600,000 in luxury goods for himself. Aaron Laws Is Heading to Prison According to prosecutors in Washington state, Laws bought more than 500 individual credit card numbers...

China’s crackdown on crypto mining has got digital analysts everywhere worried. According to many figureheads in the digital currency space, the prices of assets like bitcoin and Ethereum are about to crack even further given how far China has gone in banning BTC and crypto mining from its territories. China Takes More Action Against Mining China has always had a mixed relationship with cryptocurrencies. In the past, the nation has taken a stance against both crypto...