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Tag Archives: Bitcoin

Bitcoin Price Analysis: BTC Aims Steady Increase To $18K

Bitcoin price started a recovery wave above the $16,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $16,780 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $17,000 resistance zone. Bitcoin price is recovering above $16,500 against the US Dollar. BTC might extend its...

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Binance Offers Proof of Bitcoin Reserves to Calm Traders’ Fears

Binance, the world’s largest and most popular digital currency exchange, has announced a new program that will give all current and future crypto investors proof of its present bitcoin and Ethereum reserves. Binance Tries to Show It’s Not Like FTX The goal is to shed light on the issue of transparency and show the company is nothing like FTX, the now failed digital currency exchange that came to fruition only three years ago in 2019. Binance was initially in line to...

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Oregon Tells Residents to Avoid Crypto Investments

The state of Oregon has put out a notice to all its residents warning them that investing in crypto could be a costly mistake. Oregon to Investors: Avoid Crypto The warning stems from the Oregon Division of Financial Regulation (DFR) and comes fresh off the heels of the FTX collapse, which arguably sent ripples throughout the space and caused many analysts, traders, and industry heads alike to be stunned with surprise. Nobody expected what has been labeled the industry’s...

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Cathie Wood: BTC Will Reach $1 Million in 2030

Cathie Wood – who’s always been the crypto bull of crypto bulls – isn’t giving up on the world’s number one digital currency by market cap. In fact, she’s reiterating her love of the coin and claiming that 2030 will be the year in which BTC reaches the long-awaited $1 million price. Cathie Wood Thinks Bitcoin Will Be Huge in Seven Years Bitcoin had a very hard year in 2022. Just a few months prior to 2022’s start, the world’s primary cryptocurrency reached a new all-time...

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2023 Has Arrived. Will It Be a Good Year for Bitcoin?

2023 has finally arrived. Happy New Year to all digital currency enthusiasts out there! Here’s to hoping that all bitcoin players are greeted with kinder, gentler, and more loving maneuvers to their crypto stashes than what was doled out in 2022. Could Bitcoin Recover Soon? To say 2022 was a bad year for crypto would be a huge understatement. It was by far one of the most bearish periods ever to strike the space, and many argued that assets like BTC were on the verge of...

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What Can Bitcoin Look Forward to in 2023?

Bitcoin had a very harsh year in 2022. Can we expect 2023 to be any better now that it’s about to enter the fray? The Bitcoin Price Had It Really Hard This Year We are literally hours away from greeting 2023, and we can’t help but reflect on what a year 2022 has been for the world’s number one digital currency by market cap. The crypto space has had extreme difficulty staying at the top of its game these last 12 months, and many of us are surprised that bitcoin and its...

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The Top Bitcoin and Crypto Stories of 2022

2022 is on the verge of disappearing forever, and Live Bitcoin News is looking back one last time on the biggest digital currency stories of the year. The Bitcoin Price The biggest story of 2022 revolved around how poorly bitcoin did. What was once one of the largest and most worthwhile assets around sank to the bottom of a deep financial pit, and the currency has refused to get up. In November of last year, for example, the world’s number one digital currency by market...

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Does Edward Snowden Have a Big BTC Stash?

Edward Snowden – the U.S. intelligence leaker now living in Moscow – hinted he has quite a few bitcoins to his name, and that he’s got enough to live on “until the f*cking sun dies.” How Much BTC Does Edward Snowden Own? Since he left the country, many entrepreneurs in Silicon Valley have been sending him bitcoin and crypto units so he could stay afloat. This has turned into a vast and considerable sum over the years, and Snowden appears to be living well thanks to the...

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Paul Krugman: BTC Is on the Verge of Disappearing

Nobel Prize-winning economist Paul Krugman is confident bitcoin and Ethereum, the world’s two biggest digital currencies by market cap, aren’t going to last much longer and are headed for points of no return. Paul Krugman Thinks BTC Is Done A lot has happened in the crypto arena in just the last few months. For one thing, the fall of crypto exchange FTX has sent ripples throughout the space that have seemingly caused a lot of other exchanges and blockchain-based...

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Grayscale BTC Trust Won’t Show Proof of Reserves

Grayscale – one of the largest bitcoin trusts in the world – says it’s not going to be sharing its proof of reserves with customers, causing a lot of heads to turn, eyebrows to hike, and fear to surge. Why Won’t Grayscale Spill the Beans? The concern amongst digital currency enthusiasts and analysts is that Grayscale is somehow not too far off the mark from where FTX stood. FTX is a failed digital currency exchange that was at one time considered the golden player of the...

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