Bitcoin usage is booming in India, giving rise to many thoughts and ideas about the future of its price.India Loves BTC, All of a SuddenBoth bitcoin and India are in huge positions to help each other out. Right now, bitcoin has entered another bearish phase that has caused it to lose as much as $600 off its price in just a few days, while India – much like the rest of the world – is on lockdown due to the coronavirus, and has experienced a shortage of cash as its economy continues to...
Read More »Bitcoin Loses Again Despite Growing Customer Base
Bitcoin has taken another turn for the worse. Over the weekend, the currency was trading in the $6,900 range, but now it’s fallen even further to $6,700. So, what could be the big problem? What’s got bitcoin turning sideways while it sleeps?Bitcoin Loses Another $200It’s hard to pinpoint exactly what’s going on with the price considering so many crypto and financial experts say that people are returning to bitcoin and purchasing new assets for their digital coin stashes. Right now, as the...
Read More »Crypto Company Moon Pay Ups the Ante on Its Security Protocols
Over the last several years, the cryptocurrency arena has been very hit or miss when it comes to security. For companies like Moon Pay, the notion of keeping customers, as well as their cryptocurrency stashes and their data, safe as possible is one that has taken serious precedence with executives.Moon Pay Brings on the Best of the Best?The financial company has announced that it is bringing Nils Puhlmann – a cybersecurity expert – on board to serve as their new security advisor. The company...
Read More »Revolut: Of Course Crypto Is a Safe Haven!
Financial technology company Revolut is ensuring that all seven million of its customers have access to cryptocurrency in the coming days. According to the company, cryptocurrency is a “safe haven” against inflation and other economic troubles.Revolut Vouches for CryptoThe question of cryptocurrency as a “safe haven” has been bouncing back and forth between the industry’s walls these last few weeks. Ever since the coronavirus took hold of the world, many are wondering how bitcoin and its...
Read More »BTC Ransomware Attack on Travelex Ends with Payout
It’s happened again, folks. Another bitcoin ransomware attack has occurred, only this time, it appears the victimized company – in this case foreign exchange venture Travelex – had no other choice but to pay what the hackers were asking for.The Latest Bitcoin Ransomware Attack in the BooksThe event took place in early 2020, and executives have allegedly paid the hackers as many as 285 bitcoins as a means of getting their network and respective data back. It’s a scary thought that something so...
Read More »Bitcoin Falls Below the $7,000 Mark
Today is a strange day for bitcoin. The currency has fallen below the $7,000 mark yet again and has shed approximately $300 from its price in one day.Bitcoin Has Taken Another FallWhat the heck happened? The currency was doing so well as of late. It had recovered by quite a few thousand and was potentially moving back up the financial ladder, so why the sudden drop?Yesterday, Live Bitcoin News reported on the bitcoin cash halving that recently occurred in the middle of the week. The event was...
Read More »Bitcoin Cash Underwent a Halving Last Wednesday
A bitcoin cash halving occurred last Wednesday, and many are waiting with bated breath to see what happens.Bitcoin Cash Has Undergone a HalvingIn the past, big events surrounding bitcoin cash have not always fared well for big daddy bitcoin. The asset dropped heavily nearly two years ago when bitcoin cash forked in late 2018, which led to the creation of an entirely new cryptocurrency known as bitcoin SV and a boatload of controversy to boot.The asset – widely considered the brainchild of...
Read More »BTC Volatility Is At Its Highest Point Since 2013
Analysts are claiming March was a pivotal time for bitcoin and most other cryptocurrencies in terms of volatility.Volatility Was At Its Highest Since 2013During this month, bitcoin reached a six-year high for price swings. That means everything bitcoin and the crypto space encountered in 2018 – arguably a harsh time for most digital assets – is small beans compared to what we’ve witnessed over the past four weeks.According to firms like Block Force Capital, bitcoin volatility swelled by 167...
Read More »Mike Novogratz: Bitcoin Will Soon Be Bigger Than Gold
It’s no secret that Mike Novogratz – a former hedge fund manager – has always been a big fan of bitcoin. When everyone else has lost faith, he’s always there to tout it and remind us of just how special it is.Mike Novogratz Is Betting Big on BitcoinNow, he’s claiming bitcoin is about to make a huge leap. On Twitter, he writes:I’ll make a bet for dinner anywhere in New York City that bitcoin outperforms both [gold and treasuries] over the next three months, and I like gold… Give it a few...
Read More »Charles Hoskinson Offers Ideas On Satoshi Nakamoto
As the co-founder of Ethereum, Charles Hoskinson has always held a top spot in the crypto industry.Hoskinson Offers Another BTC-Related DishRecently, Hoskinson was one of a few investors to suggest that bitcoin could reach the six-figure range in the year 2020. Alongside individuals such as Ross Ulbricht of Silk Road fame, Hoskinson was quick to suggest that the world’s number one cryptocurrency by market cap could potentially hit $100,000 by the time the year was finished.Given that bitcoin...
Read More »