At press time, you may not think bitcoin is doing much… And you’d be right. In fact, the currency has barely swung at all over the past 1-2 weeks and has largely remained between $10,100 and $10,300. Volatility Has Dropped for BitcoinThis is because the currency has reached its lowest level of volatility since May of this year. This is a bit of a downer given that the currency isn’t spiking the way it was last April through July, but it’s also somewhat of a blessing. Those of us truly...
Read More »Steve Schwarzman: I Don’t Have Much Interest in Crypto
As the CEO of investing firm Blackstone, CEO Steve Schwarzman says that he’s used to a world where currencies are controlled by a central body, and thus he’s not a huge fan of how crypto is structured. Schwarzman: I Don’t Understand CryptoThis is to be expected from someone who’s been involved in traditional finance for most of his professional life. Having started the company in the mid-1980s, Blackstone has become one of the most successful trading platforms in the western hemisphere,...
Read More »Tim Draper: $250,000 Falls Short of BTC’s Potential
Tim Draper has made a real name for himself in the world of crypto given his consistent bitcoin price predictions and his purchase of Ross Ulbricht’s bitcoin stash during an auction following the Silk Road creator’s arrest. Draper Thinks His Prediction Falls Short of BTC’s PotentialHis most recent price prediction says that bitcoin will reach $250,000 per unit by the time 2023 rolls along. However, in Draper’s own words, this prediction is relatively “conservative.” He comments that several...
Read More »Spark Swap Brings BTC/USD Trading Pairs to Customers
Spark Swap, the new crypto startup that raised nearly $4 million in a recent seed funding round, has announced its support for USD, allowing customers to purchase bitcoin units directly through their Lightning wallets. Spark Swap: Harnessing the Power of LightningThe purpose of the funding round was to build a “non-custodial cryptocurrency exchange” atop the ever-popular Lightning Network, which seems to be growing in popularity as of late. Bitcoin is the oldest and most established...
Read More »New Phone Comes Equipped with Bitcoin Cash Wallet
A new blockchain phone is being released by HTC and Bitcoin.com. What’s special about it? It has a bitcoin cash (BCH) wallet built into it to potentially inspire its customers to get into cryptocurrency usage and trade options. Bitcoin Cash Is Taking OverThe fact that it has a bitcoin cash wallet and not one designed for its parent currency bitcoin makes more sense than one might think. Roger Ver, who owns Bitcoin.com, recently did a 360 when it came to cryptocurrency and, despite several...
Read More »Opinion: We Want Bitcoin Results, Not Predictions
Is it safe to say that people are tired of talking about bitcoin? While not necessarily bored by it, they are tired of hearing the same things over and over, one of which is that the currency is about to enter a huge rally of sorts. No More Bitcoin Predictions; We Want to See ChangeTom Lee, as reported by Live Bitcoin News earlier today, is back in the limelight again, commenting that the currency is about to hit a new all-time high once the S&P jumps up. Lee, despite claiming that he...
Read More »Graeme Moore Publishes Bitcoin Book for Kids
A new book has emerged to teach children about bitcoin. Known as “B Is for Bitcoin,” the book shows children the basics of both the alphabet and cryptocurrency, a technology that is likely to become the norm when they’re full-fledged adults. Showing Kids the Wonders of BitcoinAt press time, cryptocurrency and blockchain can still be considered “emerging” technologies. While bitcoin is already ten years old, it doesn’t have the history of America’s banking system, which emerged during the...
Read More »Tom Lee: Another Big Leap for BTC Is Coming
Well, it looks like Tom Lee is back in the news, and when you really think about it, why shouldn’t he be? The year is almost over – we only have about 3.5 months to go before 2020 rings in – and bitcoin has ultimately underperformed and come up short regarding bitcoin bulls’ expectations. Lee, naturally, is claiming that BTC is about to enter a rally. So, is he right or wrong?Lee: Another Price Bump Is ComingIn an interview with CNBC, Lee comments that the S&P is likely to shoot up by...
Read More »Fraudulent QR Code System Seeks to Steal Your Bitcoins
Sorry people, but it seems like fraud is still running rampant throughout the cryptocurrency space. Earlier this morning, we reported on a new way to turn bitcoin into cash via the dark web, and now, we’re here to discuss a new QR code system that sends people to scam sites.A QR Code System That’s Turned Rogue?For as long as bitcoin and cryptocurrency have existed, there have been malicious actors out there seeking to take what isn’t theirs. Unfortunately, the security of the crypto world has...
Read More »A New Way of Trading BTC for Cash Has Emerged on the Dark Web
A new method of exchanging bitcoin for cash has emerged on the dark web. Several English and Russian dark markets are claiming that users can pay as little as $800 in BTC funds and receive $10,000 USD. Exchanging BTC for Cash Illegally on the Dark WebThe data comes from a new report issued by security-as-a-service provider Armor and its threat resistance unit (TRU). The company analyzes present dark market trends and compiles them all into an annual document explaining which trends are most...
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