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Tag Archives: Bitcoin

Is Bitcoin Going Up Due to an Influx of Tether?

Bitcoin is currently trading in the mid-$6,000 range. While it had expanded all the way to $6,800 during today’s early morning hours, it appears to have settled down a bit and taken a comfortable seat at around $6,400 during the time of writing.Bitcoin Has Seemingly Recovered SomewhatBitcoin is not alone in its present ascension. The currency is joined by the likes of Ethereum, Ripple and bitcoin cash, all of which have spiked by as much as 22 percent in the last 48 hours. The crypto downfall...

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Bitcoin IRA Survey: BTC Will Grow by $2,000 Very Soon

According to a new survey published by Bitcoin IRA, many crypto users and enthusiasts believe bitcoin will surge past the $8,000 mark again in the next 90 days.Bitcoin IRA Suggests Positive SentimentBitcoin IRA is a company that allows individuals with retirement accounts to invest in digital assets such as bitcoin, Ethereum and bitcoin cash. While the notion of investing one’s retirement funds into digital assets can be a bit scary given their volatility – this is, after all, the money...

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Bitcoin Spikes Again Following News of Trump Bill

Not long ago, Live Bitcoin News reported that the price of bitcoin – the world’s number one cryptocurrency by market cap – was about to surge all over again. Today, it looks like that prediction is coming true.Bitcoin Is Spiking Again!After spending what feels like an eternity in the doldrums (though it was only about two weeks), bitcoin has risen from the ashes and added roughly $1,000 to its price, surging from approximately $5,100 to $6,100 at the time of writing. The currency is once...

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Binance Will Bring Tezos to U.S. Crypto Enthusiasts

Binance – the world’s biggest and most popular cryptocurrency trading platform – is bringing several new coins to investors including Tezos (XTZ). The asset will be available to all traders utilizing Binance.us.Binance Brings Tezos to U.S. TradersThe cryptocurrency exchange has also commented that trading pairs between XTZ/ USD and XTZ/ Binance USD (BUSD – the company’s stable currency) will also be available. Trading is slated to go live next Monday. Prior to that date, all customers of...

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Africa-Based Crypto Exchange SAFCOIN Opens for Business

An African cryptocurrency exchange known has SAFCOIN has opened its doors for business, and the trading platform allegedly offers zero-fee trading to its customers.SAFCOIN Is Ready for African TradersSAFCOIN is reportedly one of the first exchanges to offer such a benefit. In addition, it provides users with what it calls an “easy and accessible” interface that should make trading as easy as one, two, three. The exchange has early and first-time traders in mind and is trying to make things as...

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Bitcoin Retains Its Momentum Despite Dreary Market Conditions

Bitcoin has been hammered hard over these past few days, though it has managed to remain a small bit of momentum during the last 48 hours. The world’s number one cryptocurrency by market cap has managed to retain a position at around $5,300.Bitcoin Gets a Surge Thanks to the White HouseThis is likely thanks to a new economic stimulus package that President Donald Trump is looking to infuse. The package could be worth as much as $1 trillion and involves deferred tax payments for both...

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Tim Draper: BTC Will Revolutionize Every Industry

No matter how poorly bitcoin appears to be doing as of late, there are always fans and enthusiasts that seem to back it up, and venture capitalist Tim Draper is among the most prominent.Tim Draper Continues to Push BTCDraper has always been an avid supporter of bitcoin, purchasing several of them about six years ago following a bitcoin auction of Silk Road founder Ross Ulbricht’s crypto stash. In addition, Draper has always been adamant that bitcoin will reach six-figure status and has gone...

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New Coronavirus App is Crypto Ransomware in Disguise

There are malicious actors and applications out there looking to take advantage of the fear and panic surrounding the coronavirus so they can get their hands on your bitcoin stash. The latest tool for this is a new coronavirus app for Android phones.New Coronavirus App Is DeadlyThe widespread panic has produced several products that seek to take advantage of what’s going on. Last week, Live Bitcoin News reported on the new Coronacoin that allowed users to bet on the number of deaths and virus...

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Is Bitcoin About to Spike All Over Again?

Bitcoin has been down in the dumps as of late, but some analysts believe that the world’s number one cryptocurrency by market cap could surge by as much as $2,000 in the coming weeks. Is there any truth to their notions?Is a Bitcoin Spike Heading Our Way?Just last month, bitcoin had attained a new high for the year 2020 and was trading for about $10,350. This was miles above where it began the year (a measly $6,900), though that number is starting to look rather good by comparison to where...

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Bitcoin Price Analysis: BTC Trading Below Crucial Downtrend Resistance

Bitcoin price is currently correcting losses from the $3,860 low against the US Dollar.It is trading in a range above the $4,440 support and below the $5,965 resistance.There is a key bearish trend line forming with resistance near $5,520 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a lot of hurdles near $5,965 and $6,000.Bitcoin price is showing a few recovery signs above $5,000 against the US Dollar. However, BTC...

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