Tag Archives: Bitcoin

The end of the year is not looking good for the world’s biggest crypto asset. Recently, Live Bitcoin News produced an article asking if bitcoin would somehow repeat its November 2018 behavior. As things currently stand, this doesn’t seem too far off the mark.Bitcoin Has Crashed Again; Could Things Reverse Themselves Soon?While the currency isn’t likely to drop into the $3,000 range over the next two months, we are now seeing bitcoin trading at $7,400 – a massive loss of $800 over the past 24...

Well, it sure seems like we’re in for another faulty end-of-year mark for bitcoin. At press time, the currency has fallen by roughly $800 over the past 24 hours and the asset is now trading at $7,400.Bitcoin Falls; Zuckerberg to Blame?The sentiment is that this all has to do with Mark Zuckerberg’s testimony today. Zuckerberg – the famed CEO of Facebook – is set to speak before a congressional committee today regarding Libra, the cryptocurrency being released by the social media giant in 2020....

Bitcoin price failed to surpass $8,350 and $8,400 resistance levels against the US Dollar.The price is currently declining and it is trading below the $8,080 and $8,000 support levels.There is a major bearish trend line forming with resistance near $8,280 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue lower and it might revisit the $7,800 and $7,700 support levels.Bitcoin price is trading with a bearish bias below $8,350 against the US...

Is it possible that altcoins could potentially disappear forever?Altcoins Don’t Have the Same Appeal They Once DidWhile they may not vanish into thin air, Adam Back – the CEO of Block Stream and the co-author of a bitcoin sidechains whitepaper – claims that the presence and stamina of presence bitcoin sidechains could lower interest in altcoins altogether, thereby making their appeal virtually non-existent.As it stands, currencies like Ethereum (ETH), Ripple’s XRP, EOS (EOS), and Litecoin...

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018.Opera and BTC: A Perfect Match?The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and...

Do you shop on Amazon? Would it be easier to pay with crypto than it would be to pay with fiat? If so, you should check out a new startup called “Moon.”Moon: The New Way to PayMoon is a company that began through the hands of three individuals. The venture allows you to use cryptocurrency to pay for items on Amazon through the Lightning Network, a highly praised if somewhat controversial platform that is alleged to boost the transactions speeds of the bitcoin blockchain.Bitcoin is the oldest...

Earlier, Live Bitcoin News reported that this month’s biggest performer was arguably Ripple’s XRP, and that the third-largest cryptocurrency was experiencing the most action as of late. While bitcoin, Ethereum, Litecoin and bitcoin cash were all traversing through the doldrums, it was XRP that was making the initial rounds of success through the crypto industry.Move Over BTC; XRP Is KingWhat’s ironic is the fact that so many cryptocurrencies spent the first half of the year experiencing solid...

So, what’s going to happen with bitcoin over the next week?Bitcoin: as Unpredictable as EverThe following seven days will mark the final full week of October. From there, we’ll be heading into November, which as we all remember, marked a rather rough time for crypto and all its fans late last year. The month marked the controversial bitcoin cash hard fork that ultimately gave birth to bitcoin SV, a currency endorsed by Australian bitcoin developer Craig Wright.Following the hard fork, bitcoin...

If there’s one thing we can all agree on, it’s that bitcoin and the crypto industry probably need to up the ante on their privacy protocols. While blockchain is typically more secure than other forms of digital finance technology, we are often hearing stories about exchange hacks and malicious actors that seek to get their fingers on digital funds that just don’t belong to them.Bitcoin Privacy Needs to Be UppedKevin Pan, the CEO of Poolin (one of the top three bitcoin mining pools in the...

Today, on Friday, the 18 millionth bitcoin is set to be mined. That means there are only three million BTC units left to extract after this.Bitcoin Will Become Harder to GetThe mining process behind bitcoin has been a rather controversial activity. For one thing, China says that it is damaging to the Earth’s environment. The country has long been considering a ban on bitcoin and crypto mining in the future.Second, there have been huge concerns regarding a bitcoin 51 percent attack from...