Tag Archives: Bitcoin News

A new brand of NFTs is stemming from the bitcoin blockchain, and things are going quite well for the series. Bitcoin NFTs Are Getting Bigger and Bigger The news is unique in that most of the time, NFTs (pixelated art tokens) are built atop the Ethereum blockchain. ETH has long been the most popular network for developers looking to utilize the network’s smart contract capabilities to establish applications, new coins, and other products. However, bitcoin – while...

The recent price revival of bitcoin has got everyone feeling hopeful again. So much, in fact, that bitcoin is (for the umpteenth time) being labeled digital gold. The Reputation of Bitcoin Is Again Reaching a High Point The price of bitcoin recently rose beyond the $26,000 mark. The news was interesting and odd in many ways given it was happening during a time when several banks (Silvergate, Signature, Silicon Valley, etc.) were crashing and burning. In addition, these...

With the fall of Silicon Valley Bank and Signature Bank, many people are wondering if crypto played any role in the crumbling of both financial institutions as they were the number two and number three largest bank failures in US history. Is Crypto to Blame? These questions come largely because 2022 was marred by the collapse of FTX, a leading digital currency exchange that within three years, rose through the ranks to become a top five digital currency trading platform....

Crypto traders just got another taste of the twisted agenda stemming from the Biden administration. Biden Just Continues to Destroy Just yesterday, Live Bitcoin News published an article discussing the current fate of Signature Bank. As the latest financial institution to be shut down by regulators, the institution was discussed by former congressman Barney Frank, who served in politics for more than 30 years and eventually went off to become the bank’s director. In an...

Despite all the craziness surrounding some of America’s banks (i.e., Signature, etc.), bitcoin is defying all odds and rising like nobody thought possible during times like these. Bitcoin Is Defying All Expectations At the time of writing, bitcoin has shot beyond the $26,500 mark, and some analysts believe it’s on its way to $30,000 per unit. The currency has risen by more than 15 percent in just a matter of days, and the news appears to stem from the low inflation...

Three major financial closures happened over the course of two weeks in mid-March. The institutions that shut their doors were Signature Bank, Silicon Valley Bank, and Silvergate. Despite all this, crypto assets like bitcoin appear to be rallying. Bitcoin Is Doing Well Despite Bank Turmoil Many analysts are offering different thoughts on the situation, one of which is Alex Kuptsikevich, a senior market analyst at FX Pro. He mentioned in a statement: Bitcoin faces an...

Another major bank has closed. This time, the victim is crypto institution Signature Bank, which is the last major digital currency bank in the U.S. Signature Bank Is Latest Financial Firm to Shut Down The fall of Signature is the third major crumbling over the course of a few weeks. The first was Silvergate, which was later followed by Silicon Valley Bank. The real scary aspect regarding Signature was that it housed many of the world’s USDC units, which is a stable...

Bitcoin is truly an amazing asset. No matter what happens in the economy, no matter how bad things get, the world’s number one digital currency by market cap is still striving to do as well as it can, and its recent price rally – despite the collapse of financial institutions such as Silvergate and Silicon Valley Bank – is proof of this. Bitcoin Continues to Impress Us All To be fair, bitcoin has received a fair bit of support given that these banks and others like them...

Binance – the world’s largest and most popular crypto exchange – is unveiling a new prepaid crypto-based credit card to be utilized by consumers in regions like Colombia. The New Binance Card Will Be for Latin American Use The South American nation has become one of the biggest adopters of bitcoin and other digital currencies in recent years. It is the third most active member of Latin America when it comes to crypto trading and related activities. Number one is...

Republican governor Kristi Noem of South Dakota has vetoed a bill that would have established a central bank digital currency (CBDC) as a legitimate form of money without recognizing assets like BTC and Ethereum. Kristi Noem Shoves the Bill Aside In a recent statement, Noem commented: At this moment in time, such a government-backed electronic currency has not yet been created. More importantly, South Dakota should not open the door to a potential future overreach by the...