Tag Archives: Bitcoin News

Bitcoin and Ethereum prices have tanked. BTC, for example – the world’s number one cryptocurrency by market cap – has dropped into the high $47,000 range. This is a $9,000 drop in about two days, as recently, the asset was trading for about $56,000 per unit. Despite this, Michael Saylor – the CEO of MicroStrategy – remains confident that things are going to turn out well for the currency. So well, in fact, that he thinks it will one day have a $100 trillion market cap....

Bitcoin has been doing extremely well for the past nine months. The currency really came to fruition during the initial time of the coronavirus pandemic, and it has been on a serious roll ever since, recently striking a new high of roughly $56,000 per unit. However, despite all the glitz and glam the currency has been attaining, financial giant JPMorgan believes that it’s fintech and not bitcoin or crypto that has garnered true recognition during the time of COVID....

Meltem Demirors – chief strategy officer at digital asset investment firm Coin Shares – stated in a recent interview that all those who are quickly investing in bitcoin are late to the crypto party. Meltem Demirors: You Needed to Invest in BTC Yesterday During a discussion with CNBC, Demirors commented that one of the primary reasons many have not invested in bitcoin is likely due to regulatory hurdles that may allegedly appear in the coming future. However, she is...

Oh, Elon Musk… You just can’t seem to make up your mind, can you? One minute, you’re all over bitcoin and investing billions of dollars in the world’s number one digital currency by market cap. The next minute, you’re saying something that doesn’t work well for the asset and every trader – yourself included – winds up experiencing some level of loss. Elon Musk Has Potentially Caused a Dip in the BTC Price This is the case behind last weekend’s market dip, in which...

Bitcoin price rallied to a new all-time high near $58,440 before correcting lower against the US Dollar. The price declined sharply below $52,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support at $51,660 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is recovering, but it must surpass $52,000 to continue higher in the near term. Bitcoin price started a downside correction from well...

Bitcoin has been doing extremely well as of late. The currency recently spiked as high as $56,000 per unit, and the world’s number one digital currency is now enjoying a total market cap exceeding $1 trillion. The asset has been on a serious momentum hike, and it doesn’t look like things are set to die down anytime soon.Bitcoin Is Seen Differently By AllBut the asset isn’t seen in a positive light by everyone. In fact, Eric Rosengren – president of the Federal Reserve Bank of Boston – is...

Social network Gab saw itself going offline for a short period after some of its employees discovered bitcoin spam messages infiltrating the network.Gab Sees Bitcoin Spam Enter the ForumBitcoin spam has been rather prominent on social media these days. Last year during the summer, the world was shocked when it was found out that many high-profile accounts – including those of former president Barack Obama, his vice president Joe Biden, South African Tesla and SpaceX executive Elon Musk and...

Bitcoin has been doing extremely well as of late. At the time of writing, the world’s number one digital currency by market cap has shot beyond the $56,000 mark, and it looks like the currency isn’t set to slow its momentum anytime soon.Bitcoin Is Continuing to ExplodeRecently, bitcoin moved beyond a $1 trillion market cap, making it more comparable to gold. This is more than double the $500 billion it was at during the early portions of 2021. It has also shot up in price by more than five...

Recently, Live Bitcoin News reported that Canada had introduced the world to the first bitcoin-based exchange-traded fund (ETF). The product has only been around for a few days, and already it’s smashing records and has sold more than $165 million worth of shares through the Canadian stock exchange, otherwise known as the TSX.Canada’s ETF Is Making Headway for Other ProductsA bitcoin ETF has been the envy of every major crypto firm throughout the United States and North America over the past...

Bitcoin is doing extremely well as of late, but that’s not changing the minds of certain financial firms and individuals. Among today’s bitcoin doubters is Bill Gates, the software mogul known for creating Microsoft programs.Bill Gates Thinks the World Doesn’t Need BTCIn a recent tweet, Gates puts on an attitude of indifference towards bitcoin, the world’s number one cryptocurrency by market cap. The message reads:I don’t own bitcoin. I’m not short bitcoin, so I’ve taken a neutral view. I do...