Tag Archives: Bitcoin

2019 is coming to an official close, and it’s been a crazy year for bitcoin and its crypto counterparts. In an end-of-year series, let’s examine some of the biggest stories that have occurred over the past 12 months and how they’ll possibly influence the crypto industry’s behavior in 2020.Bitcoin and Its Ongoing VolatilityIt can be argued that 2019 was a year of major volatility for bitcoin. After all, the currency started out at a mere $3,500 – where it remained until April. Bitcoin had...

Yesterday, Live Bitcoin News reported that YouTube was taking down several cryptocurrency-related channels and that it was removing several crypto-based videos. Now, the company is reinstituting all the removed content, claiming that the action occurred due to an “error.”YouTube: Sorry About the Misunderstanding!This seems somewhat fishy. How does an error like that take place, one that constitutes the removal of literally hundreds of videos? On top of that, how does this error get programmed...

Another analyst is claiming that the upcoming bitcoin halving – scheduled for May 14, 2020 – will have no effect on bitcoin’s price. The analyst this time is Meltem Demirors, the chief strategy officer of Coin Shares – a firm that manages digital assets.Demirors: The Halving Isn’t Likely to Do MuchIn a series of tweets, Demirors claims that the upcoming halving isn’t likely to boost bitcoin’s price or influence it positively. She lists up to five reasons why. For the first, she claims:There...

Roger Ver used to be a full-time bitcoin fanatic. He was one of the currency’s early investors, which earned him the nickname “Bitcoin Jesus.”Roger Ver: I’m a BCH Man, Not BitcoinHowever, in recent years, Ver has shifted his focus and love over to bitcoin’s baby brother bitcoin cash (BCH). BCH came about in 2017 following a hard fork of the head honcho of crypto. The currency rose to prominence just months later when the entire industry was experiencing bull behavior like we had never...

In a strange twist of events, Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – is doing far better than BTC.Is Ethereum Becoming a Tougher Coin?Technical charts show that transaction volumes for ETH, for the first time in a while, are surpassing those of bitcoin, and that there’s far more activity as of late surrounding the world’s second primary form of crypto. How can this be, and will this enable ETH to gain price momentum and...

We’ve got some good news, folks. At the time of writing, the world’s number one cryptocurrency by market cap – bitcoin, of course – has shot past the $7,400 line for the first time in weeks.Bitcoin Is Heading HigherThis is a significant improvement over the $7,100 level it’s been trading at for some time. While the currency rose this high during the mid-December point, it appeared bitcoin couldn’t retain this level of momentum, and immediately fell back down to the low $7,000 range. Now, it...

Brian Armstrong – the CEO of Coinbase – has garnered a patent for a new product that will allow users to email bitcoin to each other.Coinbase Paves the Way for Emailing BTCThe patent was filed in March of 2015 but didn’t garner approval until now. Crazy how long it can take to get the green light on new developments, isn’t it? The product is built to make crypto payments through email addresses linked to various wallets. The sender initiates an order to send money to a specific email address...

We’ve seen it before, and we’ll likely continue to see it for some time. Bitcoin and crypto just doesn’t seem to please everyone, and the latest doubter to be added to the mix is Federal Reserve governor Lael Brainard.Brainard: Crypto Gives Rise to Illegal ActivityAt a recent conference in Germany, Brainard explained to listeners that bitcoin was a haven for criminal activity, and that it had the power to inspire illicit events of every kind. Her words are allegedly based on various studies,...

Bitcoin price failed to test the $8,000 resistance and declined below $7,500 against the US Dollar.The price is now trading above the key $7,060 and $7,000 support levels.There is a key bullish trend line forming with support near $7,160 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $7,000 support area.Bitcoin price is approaching a couple of important uptrend supports against the US Dollar. BTC remains well...

Alexander Vinnik – a man accused of bitcoin fraud – will be extradited to France, according to the justice minister of Greece.Vinnik Will Face French LawmakersKonstantinos Tsiaras has recently signed an order requiring that the alleged Russian cryptocurrency scammer be sent to the country though at press time, no extradition date has been set.Vinnik has been accused of laundering billions of dollars in cryptocurrency funds. He was arrested in 2017 while on vacation in Greece per the request...