Tag Archives: Bitcoin

Elon Musk has come to his own defense following a recent lawsuit that has been thrown in his direction. The suit is coming from a group of investors who claim they lost millions of dollars on Dogecoin investments after listening to Musk talk it up. Elon Musk Says He’s Not the Bad Guy Musk has always been a crypto bull, especially when it comes to Doge. He was long rumored to be the new CEO of Dogecoin, though sadly, this later turned out to be just an internet rumor....

Could bitcoin increase its price by as much as 30 percent in the coming months? Bitcoin May Come Back from Oblivion in Two Months There are many analysts out there that seem to believe October of this year will be a major turning point for bitcoin. They believe the asset could add as much as 30 percent to its value, which per its price at the time of writing, would mean that it would shoot up to about $28,000 or $29,000. That’s not much of an improvement, but it’s...

The world of crypto has experienced something of a steady period. While many of the world’s leading digital assets are nowhere near the highs they achieved in the final months of 2021, it’s good to see that bitcoin, for example – after hitting $19,000 and $20,000 – is flirting with the $22K mark, and other leading assets like Ethereum are beginning to follow suit and hovering at the $1,100 level. What Is Going on with Bitcoin? Stephane Ouellette – CFA and founder of FRNT...

Classic Parade – a company that rents out luxury supercars in the United Kingdom – is allowing customers to make payments with assets like bitcoin and Ethereum. Classic Parade: Rent a Supercar for Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them...

Didi Taihuttu is a man that most crypto traders should likely be familiar with. As the patriarch of what’s been dubbed the “bitcoin family,” he and his kin have ultimately sold all their belongings and devoted their lives to bitcoin. They’ve invested everything into it, and have – up to this point – been living the high life thanks to the world’s number one digital currency by market cap. Didi Taihuttu Is Still Bullish About BTC But this kind of life has come with a few...

The U.S. Commodity Futures Trading Commission (CFTC) has filed charges against a company in South Africa and its head executive for allegedly running the biggest crypto-based Ponzi scheme in recorded history. It is believed the firm may have run a commodity pool composed of nearly $2 billion in bitcoin, though the pool is slated to have been fraudulent. It is also believed that the company violated registration protocols. A CFTC Investigation Is Underway The enterprise –...

Not long ago, Live Bitcoin News published an article suggesting that Nayib Bukele – the bitcoin-supporting president of El Salvador – had lost his taste for crypto. He issued a tweet in response to a bitcoin-based inquiry that seemed kind of downtrodden, and many of us would understand why if that was the case. After all, the country has plunked more than $100 million into BTC, only to lose roughly 50 percent of the value initially gained due to the ongoing crypto...

Ric Edelman is the author of a new book called “The Truth About Crypto.” As a former financial adviser and wealth executive, Edelman sat down for an interview and offered his thoughts about what we can expect to see in the digital currency space in the coming years and months. Ric Edelman on Where Crypto Will Go Edelman started out by discussing the present crypto winter and what it means: A crypto winter refers to a major decline in the prices of bitcoin, Ethereum, and...

Bitcoin bull and hedge fund gazillionaire Mike Novogratz stirred controversy on social media when he used the recent Supreme Court decision to repeal Roe v. Wade to promote bitcoin. Mike Novogratz Takes Political Flak The decision – which occurred just a few weeks ago in late June – led to heavy protests on the left side of the political spectrum and cheering on the right. The repeal of Roe v. Wade severely limits one’s access to abortion rights in the United States...

Bitcoin price started a fresh decline below the $22,500 zone against the US Dollar. The price is now trading below $22,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $20,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a move below the $20,750 support. Bitcoin price is struggling below $22,000 against the US Dollar. BTC might extend...