Tag Archives: Bitcoin News

Well, it looks like bitcoin’s fall to $7,400 yesterday was no fluke. It was reported that the currency was potentially moving back up the financial ladder after its initial drop, though now it seems like it has fallen back into the $7,400 range, and many are wondering if bitcoin has what it takes to gain further momentum.Bitcoin Is in Hot Water All Over AgainThe last month has been extremely difficult for the world’s largest cryptocurrency by market cap. Things initially got ugly in late...

The testimony of Mark Zuckerberg revealed some interesting takeaways. First, Zuckerberg seems to think that crypto is the future, and that the longer the U.S. waits to develop its own coin, the further it will fall behind. Second, many members of Congress still don’t trust crypto enough to push for mainstream status.Zuckerberg: The U.S. Stands to LoseIn his speech to Congress, Zuckerberg commented that countries like China are well underway in creating national digital currencies. He says...

The end of the year is not looking good for the world’s biggest crypto asset. Recently, Live Bitcoin News produced an article asking if bitcoin would somehow repeat its November 2018 behavior. As things currently stand, this doesn’t seem too far off the mark.Bitcoin Has Crashed Again; Could Things Reverse Themselves Soon?While the currency isn’t likely to drop into the $3,000 range over the next two months, we are now seeing bitcoin trading at $7,400 – a massive loss of $800 over the past 24...

Well, it sure seems like we’re in for another faulty end-of-year mark for bitcoin. At press time, the currency has fallen by roughly $800 over the past 24 hours and the asset is now trading at $7,400.Bitcoin Falls; Zuckerberg to Blame?The sentiment is that this all has to do with Mark Zuckerberg’s testimony today. Zuckerberg – the famed CEO of Facebook – is set to speak before a congressional committee today regarding Libra, the cryptocurrency being released by the social media giant in 2020....

Bitcoin price failed to surpass $8,350 and $8,400 resistance levels against the US Dollar.The price is currently declining and it is trading below the $8,080 and $8,000 support levels.There is a major bearish trend line forming with resistance near $8,280 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue lower and it might revisit the $7,800 and $7,700 support levels.Bitcoin price is trading with a bearish bias below $8,350 against the US...

Ethereum needs all the help it can get these days, and with the addition of researcher Justin Drake at TechCrunch Disrupt Berlin, it just might garner the appeal it so desperately needs.Ethereum Needs Some Good PREthereum is the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin. It also boasts smart contract capabilities, which makes it one of the most popular blockchains for building new tokens and applications. Unfortunately, this popularity has...

Is it possible that altcoins could potentially disappear forever?Altcoins Don’t Have the Same Appeal They Once DidWhile they may not vanish into thin air, Adam Back – the CEO of Block Stream and the co-author of a bitcoin sidechains whitepaper – claims that the presence and stamina of presence bitcoin sidechains could lower interest in altcoins altogether, thereby making their appeal virtually non-existent.As it stands, currencies like Ethereum (ETH), Ripple’s XRP, EOS (EOS), and Litecoin...

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018.Opera and BTC: A Perfect Match?The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and...

Who would have thought that a small island region – known more for its “triangle” and the strange phenomena surrounding it – would be so interested in crypto? Representatives of Bermuda in the Caribbean are now claiming that digital currencies are the future, and they’re looking to be far more committed to virtual money technology in the coming years.Bermuda: The Tech Region of TomorrowPremier David Burt spoke recently at the Bermuda Tech Summit to say that the region would be accepting “1:1...

Do you shop on Amazon? Would it be easier to pay with crypto than it would be to pay with fiat? If so, you should check out a new startup called “Moon.”Moon: The New Way to PayMoon is a company that began through the hands of three individuals. The venture allows you to use cryptocurrency to pay for items on Amazon through the Lightning Network, a highly praised if somewhat controversial platform that is alleged to boost the transactions speeds of the bitcoin blockchain.Bitcoin is the oldest...