Tag Archives: Bitcoin News

Bitcoin is ending the week with another dip added to its roster. The currency – which less than 24 hours ago was trading in the low $40,000 range again – has fallen by about $5,000 at the time of writing and is now trading for just over $35,000.Bitcoin Has Experienced Another Major SlipWith the first few weeks of January in the books, it appears bitcoin is having difficulty making up its mind about where it wants to be for now. Initially, the currency hit a new all-time high of roughly...

Crypto crime cannot, should not, and must not be tolerated. This is the newfound attitude that we’re seeing as of late as the digital currency industry becomes more mainstream and legitimate. Unfortunately, with the rise of bitcoin and so many other cryptocurrencies in recent months, it appears that many individuals out there are taking chances and engaging in crypto crime so they can garner assets that don’t naturally belong to them.Crypto Crime Continues Despite Many Efforts to Stop ItThe...

With bitcoin’s sudden surge back into the $40,000 range (it’s currently pulled back a little to just over $39,000 at press time), the currency appears to be back on its feet and is taking companies like Grayscale along for the ride.Grayscale Is Holding More Bitcoin Thanks to the Price SurgeGrayscale is one of the largest institutions backing bitcoin. It was recently reported that the company holds approximately three percent of the world’s BTC units, and its custody services are second to...

Recently, Live Bitcoin News put out a story discussing how many people have potentially lost their passwords and thus cannot access the mega bitcoin stashes they’ve collected over the years. According to billionaire investor and former hedge fund manager Mike Novogratz, this isn’t likely to occur again anytime soon.Mike Novogratz: When the Price Is This High, People Won’t ForgetOne of the big problems with bitcoin and crypto in general is that it can be easy to lose one’s login information,...

ECB President Christine Lagarde has expressed her thoughts on BTC in a recent interview, claiming the asset needs to be regulated on a “global level.”Christine Lagarde: Bitcoin Must Be Globally RegulatedIn her opinion, bitcoin has given people open doorways to numerous financial crimes such as money laundering. Thus, without global regulation in play, these doors can never be closed. She mentioned that bitcoin is not a currency. Instead, it is a rather “highly speculative asset which has...

Bitcoin has shot back above the $35,000 mark at the time of writing. This is about $2,000 higher than where it stood yesterday. The currency is once again bringing itself up the financial ladder, and it looks like the asset is beginning to earn all kinds of celebrity endorsements from the likes of singer Lindsay Lohan and others.Lindsay Lohan Is Pushing BitcoinBitcoin has always a big celebrity attractor. Many figures who can be classified as rich and famous have turned their sights to...

Over the past several months, the Federal Reserve has been purchasing many leading assets as a means of keeping the U.S. economy somewhat stable during the coronavirus pandemic. This overspending and overprinting of traditional fiat money to ensure people have stimulus measures during the pandemic has caused many traders – both standard and institutional – to pile their money into commodities like bitcoin, which is no longer a speculative asset in many people’s minds.If the Federal Reserve...

One of the big problems with cryptocurrency is that it requires long and extensive passwords to remain secure. Owners of digital currency have often come across this issue. They forget their passwords and cannot access their funds, and as a result, these funds get locked up or lost forever. For Stefan Thomas, the problem is even bigger considering it’s keeping him from gaining access to well over $200 million in bitcoin at press time.Losing Passwords Usually Leads to Lost BTCBorn in Germany...

Over the past several months, institutional investors have held a grand stake in the world of bitcoin. Companies like MicroStrategy, MassMutual and Stone Ridge have all invested hundreds of millions of dollars into bitcoin, and as a result, the currency has ultimately risen beyond the $33,000 mark at the time of writing.Institutional Investors Are Still a Small Portion of the Trading PopulationNo doubt that institutions have been playing a huge role in the legitimization of the crypto space....

Bitcoin price started a major downside correction from the $42,000 high against the US Dollar.The price is now trading well below $36,000 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $32,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the $35,500 and $36,000 resistance levels to start a fresh increase.Bitcoin price is moving lower below $35,000 against the US Dollar. BTC could start a fresh...