Crypto EcoBlog
Billionaire Ted Leonsis has made a real name for himself when it comes to sports and gambling. Recently, the mogul took a case to the Supreme Court that resulted in the U.S. relaxing some of its gambling laws. This led to less money flowing into illegal operations and more into legitimate gambling platforms.Leonsis: Confused About Crypto?No doubt Leonsis has done wonders for the gambling sector, but he seems to suffer from a viewpoint that many in his position are unable to shake. As we all...
Read More »#739 Parteitreue per Blockchain, Jihan Wu zurück bei Bitmain & Russland Bitcoin Mining
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 739. Heute geht’s um folgende Themen: Chinas Regierung erfasst Parteitreue über Blockchain, Jihan Wu übernimmt die Kontrolle über Bitmain & Russland will grosse Bitcoin Mining Farm aufbauen. [embedded content] 1.) Chinas Regierung erfasst Parteitreue über Blockchainhttps://www.btc-echo.de/ueberwachung-chinas-regierung-erfasst-parteitreue-ueber-blockchain/ 2.) Bitmain Turmoil: Co-Founder and Executive Director Micree Zhan...
Read More »Bitcoin Price Analysis: BTC Correcting Gains, But Uptrend Intact
Bitcoin price rallied recently and even climbed above the $10,000 resistance against the US Dollar.The price is currently correcting lower and is trading below the $9,820 pivot level.There is a major contracting triangle forming with resistance near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct further, but it is likely to remain well supported above $8,900 and $8,500.Bitcoin price is correcting gains below $9,800 against the US Dollar. BTC...
Read More »Second Crypto Capital Executive Will Face Criminal Charges
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...
Read More »China Is Putting Its Money into the New Bit Pie Wallet
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...
Read More »Could Bitcoin Hit the Six-Figure Mark in Two Years?
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...
Read More »Bitcoin to Reach $16,000 Mark by October’s End?
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...
Read More »Mervyn King: The Recession That Inspired BTC’s Development Could Reoccur
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...
Read More »New Bill Suggests Stable Currencies Should be Regulated by the SEC
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...
Read More »Bitcoin Adds Further Gains; Surges to $9,700
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...
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