Tag Archives: Bitcoin

Coinbase – one of the largest and most popular cryptocurrency exchanges in the United States – says it will start grouping bitcoin transactions together, rather than processing them separately.Coinbase Has Decided to Start BatchingThe process – known as “batching” – is designed to prevent high levels of traffic on the blockchain and keep transaction speeds reasonable. The process is also made to ensure users’ transaction fees remain low.In a blog post, the trading platform...

Many people are looking to stock up on supplies like canned goods, toilet paper and water while the coronavirus continues to spread panic and fear across the globe, but with so many people unable to leave their homes, the idea of purchasing from online retailers like Lolli is becoming much more appealing.Lolli Is Helping Those Buying Out of PanicLolli is a marketplace that accepts digital currencies as payment for goods and services. The company – along with many others that process crypto...

DBL Digital, a branch of Draw Bridge Lending, is unveiling its new Bitcoin Managed Account Program (MAP) for both inexperienced and professional traders.Draw Bridge Lending Looks to Bring Institutional Players OnboardDraw Bridge is a commodity trading advisory (CTA) firm that according to a press release, takes a “credit-based approach” to investing in digital currencies and tokens. All futures trading is done through a separate account of the client’s, who is only exposed to crypto trading...

A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...

The Bank of England’s former governor Andrew Bailey is warning people that if they’re interested in buying bitcoin, they should be prepared to “lose all their money.”Andrew Bailey Doesn’t Think Much of BTCBailey is not talking about bitcoin’s latest bit of volatility, which has seemingly come about due to the latest fear and panic surrounding the coronavirus. No, he believes that bitcoin ultimately has no value, and that regardless of the global pandemic, he doesn’t see bitcoin lasting much...

There have been many arguments as of late about which asset is better: bitcoin or gold.Bitcoin and Gold Seem to Be on Equal TermsAt press time, they both appear to be doing the exact same thing. Both have taken nasty falls due to panic surrounding the coronavirus, and both are failing to live up to their “safe haven” reputations.But is it fair to suggest that neither of these assets are “safe havens?” Can such status be taken away from them given that they are suffering – like all assets –...

As of late, many people have been questioning whether bitcoin qualifies as a “safe haven” asset. Some say no, considering it was not able to withstand the pressures caused by panic over the coronavirus.The Middle East Sees Bitcoin DifferentlyHowever, it looks like many traders and miners in the Middle East would disagree. Evidence suggests that bitcoin and other forms of crypto qualify as safe havens in these states, given they face tough economic conditions and sanctions brought on by the...

The crashing and burning of bitcoin has left the currency in the dust, and many say they’re losing confidence in the asset, along with the industry that houses it.Bitcoin Has People Questioning Its AbilitiesAt the time of writing, bitcoin has steadied itself somewhat and is trading in the mid-$5,000 range. This is a massive fall from where it was just last month, when it was trading for more than $10,300. For the most part, bitcoin has lost about $3,000 in just the last week alone.The...

For the past several days, Live Bitcoin News has reported on the fact that bitcoin has entered a freefall that has caused it to lose roughly half its value over the course of a few short weeks.Maybe It’s Time to Buy BitcoinIt’s a scary thought at first, but many analysts and professional traders are telling people that now is the time to get even more involved in the market.At first glance, whenever economic strife hits us, the first instinct for most people is to run away and think about...

It’s scary to think that bitcoin could get any worse at this point, but that’s what’s happening. There’s no beating around the bush; the world’s number one cryptocurrency by market cap is falling hard.Bitcoin Is Heading Further SouthAt the time of writing, the asset is trading in the low $5,000 range – a significant drop from the $5,800-$6,000 we were witnessing just yesterday afternoon. The currency had fallen as low as $4,100 during all this hype and hoopla surrounding the coronavirus and...