Tag Archives: Bitcoin News

Bitcoin price started a fresh increase above the $52,000 resistance zone against the US Dollar. The price is now trading well above $52,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $51,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $55,000 and $56,000 levels in the near term. Bitcoin price started a fresh rally from $43,000 against the...

Since the latter half of 2020, we have seen several largescale businesses pledge their support for bitcoin. Between MicroStrategy, Square and others, the world is filled to the brim with companies that see the world’s number one digital currency as much more than just a standard, speculative asset, and now Aker ASA, a billion-dollar industrial holding company, is the latest enterprise to suggest that the currency is something special. Aker ASA Is the Latest...

Two of the largest cryptocurrency exchanges in the world – Binance and Coinbase – appear to be duking it out over cryptocurrency. The Coinbase Premium Has Got Some People Worried Binance is based in Asia, while Coinbase is in North America. The two territories are arguably fighting over the status of bitcoin and where it goes in the future, and analysts are warning about which platform to work with depending on what the asset’s price will be. Industry heads are...

We keep hearing about companies that are accepting bitcoin and cryptocurrencies as forms of payment. Now, another firm – Gaucho Group Holdings, Inc. – is being added to the list of enterprises that see BTC in the same light that they would cash or credit cards. Gaucho Paves the Way for BTC Payments From the very beginning of their creation, cryptocurrencies were designed to one day replace fiat and other standard forms of payment. It was originally thought that a person...

The journey bitcoin has taken has featured both ups and downs. Right now, the currency has been doing better than it ever has, having hit a new all-time high of roughly $57,000 per unit on February 21. This clearly outdoes the $19,000+ it reached in December more than three years ago. Bitcoin Is Stronger Than Ever However, it would be wrong to say that the currency isn’t still suffering a bit at the time of writing, as the asset is now trading for a mere $48,000, which...

Not too long ago, Live Bitcoin News reported that as bitcoin surged, so did many stocks that were associated with various digital tokens and mining operations. At the time of writing, it seems like the world’s number one digital currency by market cap has been struggling to move past the $50,000 mark again. It is currently still stuck at $48,000 after several days, and there are quite a few crypto-based stocks that are now suffering because of it. The Bitcoin Price...

News has emerged that MicroStrategy has purchased even more bitcoin units. This would have otherwise been big news, but unfortunately, this little maneuver on the company’s part failed to make any sort of headway in the crypto space, and bitcoin is still trading for $48,000, which is where it’s been over the past few days. MicroStrategy Has Purchased More Bitcoins What does this mean, exactly? There are a few arguments one can make about this situation, the first being...

The cryptocurrency market continues to flourish, and everyone wants to get a piece of it. As people continue to buy into the digital currency space, SecuX is creating products that allow them to safeguard their crypto assets and use them as a mode of payment whenever necessary. A Taiwanese Blockchain Security Company, SecuX Technology Inc is an emerging state-of-the-art cryptocurrency hardware wallet and payment solutions provider. Around since 2018, SecuX’s products...

John McAfee – a long-time bitcoin advocate and the man behind arguably the most prominent and recognized form of antivirus software in the world – is once again facing charges from the U.S. government. McAfee Is in Hot Water Again McAfee was initially arrested last October. He is now being charged with conspiracy to commit “commodities and securities fraud,” along with several other forms of fraud relating to new digital currencies he was either developing or had already...

Institutional adoption of bitcoin is increasing tenfold, and exchanges are playing a crucial part in garnering these institutions the digital assets they’re so desperate for. Changpeng Zhao – the CEO of Binance, arguably the largest and most popular crypto trading platform in the world – has stated that he’s seeing huge bursts of institutional interest in his company, and that large buys are becoming much more common. Binance Is Seeing Its Clientele Grow Binance came...