Mike Novogratz – a bitcoin bull, billionaire investor, and the man behind Galaxy Digital – says if there was ever a time for residents of the United States to get involved in bitcoin, that time has come. Mike Novogratz on the State of the U.S. and Bitcon Novogratz is terribly concerned that another major financial collapse – similar to the one seen in 2008 – is coming. He believes the fall of three of the country’s biggest banks (Silicon Valley, Signature, and...
Read More »Crypto Execs: The SEC Has Way Too Much Power
The Securities and Exchange Commission (SEC) has made a lot of enemies in the crypto and investment worlds over the past several years, with several digital asset companies claiming that the company has a ruleset all its own and that it has too much power and pleasure in prosecuting firms it believes go against its narrative. The SEC Is Going After All These Firms Among the people who feel this way about the SEC is the head of policy at venture capitalist Andreessen...
Read More »Bitcoin (BTC) Price Tanks by $1,000 Over Last Hour amid Huge Liquidations
More than $25 million in Bitcoin futures have been liquidated over the last hour with longs contributing to 98% of the total liquidations. After a strong push above $30,000 on Tuesday, the world’s largest cryptocurrency Bitcoin (BTC) has come under heavy selling pressure once again. Over the last hour from press time, the BTC price came crashing down losing by more than $1,000 amid heavy liquidations. As of press time, the Bitcoin price is down by more than 2% and is currently trading at...
Read More »Bitcoin Price Analysis: BTC Eyes More Gains Above $31K
Bitcoin price is trading in a positive zone from the $29,250 support against the US Dollar. The price is now trading above $29,500 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $30,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $30,400 resistance zone. Bitcoin price is rising from $29,250 against the US Dollar. BTC might eye...
Read More »Bitcoin Becomes Best Performing Asset in 2023 as BTC Consolidates Above $30K
Popular coin Bitcoin is up 80% in 2023 and is by far the year’s best-performing asset compared to gold and others. Bitcoin (BTC) bears might be flush with some humiliation as the leading crypto becomes the best-performing asset in 2023. Once again, BTC lived up to its billing as the leading digital asset, with bulls consolidating their ranks in the price tug-of-war. However, positive signs suggest that the world’s largest crypto by market cap is on an upward trajectory. Furthermore,...
Read More »Zebedee Game Bitcoin Miner Has Been Played By Mountains of People
Gaming fintech firm Zebedee – through its partnership with mobile gaming enterprise Fumb Games – has developed a game called Bitcoin Miner, a mobile application that simulates a crypto mining facility. This would be fun all in itself, but there’s even better news today in that the game has allegedly been played by more than one million people. Zebedee Hits a Milestone with Bitcoin Miner This is proof that everyone has caught, in one way or another, the crypto mining bug,...
Read More »Bitcoin NFTs Are Really Taking Off
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...
Read More »Many Analysts Are Once Again Claiming Bitcoin Is “Digital Gold”
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...
Read More »Did Crypto Cause Banks to Fall? Experts Weigh In
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....
Read More »Opinion: The Biden Administration Shows Further Malice Towards Crypto Via Signature Closure
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...
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