Tag Archives: Bitcoin News

Recently, Live Bitcoin News reported that the president of Crypto Capital had been arrested for allegedly taking part in drug running and money laundering schemes. We also reported that further arrests were expected in the coming weeks. One of those arrests has now taken place.More Bad News for Crypto CapitalOz Yosef, a principal executive of the company, is charged with being the man responsible for the loss of roughly $850 million in crypto funds transferred to the company by Bitfinex, one...

It sounds like China is really warming up to bitcoin and cryptocurrencies as of late.China: Mixing Things Up Even MoreThe latest price hike for BTC has ultimately come about largely because Chinese president Xi Jinping commented that blockchain technology could bring his country’s infrastructure to new heights. Thus, he’s planning to push blockchain innovation very hard in the future.But prior to these words, it’s known that China hasn’t always been friendly to crypto. For one thing, the...

Will bitcoin hit its biggest marks in 2021?Bitcoin Is Set to Explode in the Next Two YearsThat’s what some analysts are saying. According to bitcoin experts like “Plan B,” bitcoin could strike the $100,000 mark by the end of 2021… Around Christmas of that year to be exact.Bitcoin has been undergoing some very strange behavior, lately. The currency fell to the low $8,000 range from $9,500 in late September after Bakkt debuted to rather disappointing reception. While things picked up from...

Well, we’ve all heard some rather crazy bitcoin price predictions throughout the year, but this one is likely to take the cake.Bitcoin Heading for the Stars? Who Knows?According to one source, the price of bitcoin is set to reach $16,000 by the time the month is over. It then asks the question, “Is this still possible?”As much as we’d like to believe that bitcoin has the strength to add roughly $7,000 to its price within a few short days, the likelihood of this happening within that time is...

For those old enough to remember the Great Recession that struck the global economy in 2008, we would like to avoid a situation like that again. The economic strife we all felt during those days was enough to put several companies out of business; cause many people to lose their pension plans and their 401Ks and be in debt for most of their lives.We Really Can’t Afford Another RecessionNow, a financial analyst is warning that the Great Recession – which inspired the creation of bitcoin 11...

Stable currencies are all the rage as of late. Given the price volatility of many mainstream cryptocurrencies such as bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and bitcoin cash (BCH), some are looking for new ways to ensure their safety while also investing in digital currencies, and now it looks like stable currencies are about to get a big regulatory boost.Could a New Bill Make Stable Currencies Mainstream?A new bill has been opened in Congress called the “Stable Coins Are Securities...

It’s happened again, folks. Another major jump for bitcoin is in the books, and this time, the currency is just shy of trading at the $10,000 mark.Bitcoin Explodes in Price AgainIt seems bitcoin has had an extraordinary week when one really considers the circumstances of its present price journey. The currency has managed to regain all its losses from September and October in just a matter of days. It fell from $9,500 in late September when Bakkt – the institutional crypto trading platform...

Hunter Horsley is the former product manager of Facebook. He now heads the Bitwise Asset Management firm and was largely responsible for the submittal of the company’s latest bitcoin-based exchange-traded fund (ETF) proposal that the Securities and Exchange Commission (SEC) so unceremoniously rejected.Horsley Has His Own Thoughts on LibraLibra – the famed cryptocurrency from Facebook that’s set for a 2020 debut – has been at the center of heavy attention as of late, and many regulators,...

Wow. For a currency that remains horribly vulnerable to price swings and volatility, bitcoin has really managed to fix itself up over the past two days. The currency is trading beyond the $9,000 mark – a massive improvement considering just three days ago it was stuck in the mid-$7,000 range.Bitcoin Is Defying All ExpectationsBitcoin has experienced a hard period over the past 30 days. Things started off bad in late September when Bakkt – the institutional crypto trading platform owned by the...

The following is proof that work hours should be devoted to work. Andrei Rybkin, a former Russian nuclear scientist, has been sentenced to three years in prison for mining bitcoin utilizing a plant’s computing power.Rybkin: Heading to JailAside from serving time behind bars, Rybkin will have to pay a fee of more than $3,000 (about 200,000 rubles) to court authorities. Sentenced on Thursday, Rybkin is one of three people that were potentially involved in an illegal mining network that...