Tag Archives: Bitcoin

Recently, it was reported that Goldman Sachs held a client call having to do with assets such as bitcoin and gold. The call – rather than praising both assets for their resilience and their ability to hedge wealth during times of economic strife – was used to hit these assets, particularly bitcoin, which members in the call said was “not an asset class.”Goldman Sachs Is Eating Its WordsThese words have come back to haunt Goldman, and they have seemingly angered many people in the crypto...

Recently, Live Bitcoin News reported that financial investment firm Goldman Sachs engaged in a client call to discuss assets like bitcoin and gold. This led some to believe that the company was suddenly a fan of bitcoin, and that it saw potential in the digital asset now that the American economy was showing signs of struggle.Goldman Sachs Doesn’t Care for BTC MuchSadly, this wasn’t quite the case. Goldman Sachs is now listing several reasons as to why bitcoin “is not an asset class,” and why...

South Korean smartphone provider Samsung is working with New York-based crypto exchange Gemini to provide support for all the trading platform’s users. Customers of Gemini will now be able to buy, sell and trade bitcoin and other digital currencies through the new Samsung wallet.Samsung and Gemini: The Perfect MatchIn addition, they will also be able to view their balances and transfer bitcoin and crypto stashes via their phones through Samsung’s new cold storage capabilities. Gemini chief...

Bitcoin has been on fire lately, but there are other smaller currencies that are virtually on fire, one being Theta.Theta Is Growing Like No Other CoinThe digital currency industry is full of small coins that very few people have heard of. One – called Theta – has jumped by more than 1,000 percent since reaching new lows in early March. The currency is leading a bullish wave that appears to be making its way through all corners of the cryptocurrency space.1,000 percent is quite huge,...

China’s national currency, the yuan, is slipping in price, and it looks like the currency’s downfall could be good for bitcoin.As the Yuan Heads Down, BTC Moves UpThe currency fell by about 7.16 percent against the U.S. dollar on Tuesday. This is the yuan’s lowest numbers since last September, and the decline is only slated to get worse. In the past, every time the yuan has slipped into red territory, bitcoin has swiftly moved up, meaning that if this trend continues in any way, we could...

Gemini and Bitwage are unveiling a new 401K plan that’s centered around bitcoin.Bitwage Is Bringing You a BTC 401KThis is more proof that bitcoin and its crypto cousins are becoming far more mainstream and legitimate. The idea of investing one’s retirement funds in crypto can be terribly tricky considering that digital assets are known for their volatility and for jumping up and down like rabbits during Easter. That, by itself, is something to be concerned about, but to put one’s retirement...

Is a crypto spring on our heels? According to longtime crypto investor and Reddit co-founder Alexis Ohanian, it most certainly is.Alexis Ohanian – Things Are Going to Get Big in the Crypto SpaceA crypto spring is the exact opposite of a crypto winter, which is what was experienced in the year 2018. At that time, bitcoin – along with many of its altcoin cousins – were failing to reach green territory and spent most of the year suffering from consistent price swings that continually brought...

Bitcoin mining and hardware firm Bitfury has announced that it will give accredited investors everywhere the opportunity to invest in its data and mining centers.Bitfury Allows Investors Access to MiningAccredited investors (or institutional investors, as they’re often called) are widely considered to be among the primary ingredients in making bitcoin and other forms of cryptocurrency more mainstream and legitimate. However, institutional players have shown a great reluctance to enter the...

Bitcoin price is declining and trading below the $9,000 level against the US Dollar.It is currently showing bearish signs and it could slide further towards the $8,410 support.There is a major contracting triangle forming with resistance near $8,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could dive towards the $8,400 and $8,300 levels before it starts a decent increase.Bitcoin price is currently trading in a bearish zone below $9,000 against the US Dollar....

Could the United States and China enter a cold war now that the coronavirus pandemic is beginning to calm down? According to some analysts, this is very much a possibility, and should both east and west take this route, the results could be quite positive for both gold and bitcoin.A Cold War Between the U.S. and China?Both assets have been getting a lot of attention lately from figures such as Robert Kiyosaki, the author of “Rich Dad, Poor Dad.” In a series of tweets, Kiyosaki recently warned...