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Tag Archives: cryptocurrency

Doge Co-Creator Jackson Palmer Has Apparently Lost His Love of Crypto

Jackson Palmer – the co-creator of popular meme currency Dogecoin – had some unflattering things to say about the industry he has called home for so many years. Palmer: Cryptocurrency Is “Inherently Right Wing” In a recent interview, Palmer claimed that the crypto space has largely become exactly like the financial industry it was designed to replace. He says it is controlled by a small group of wealthy elitists that have managed to weave their way in and implement...

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This Summer Is Proving to Be a Harsh Time for Cryptocurrency

Summer is often a mixed time for cryptocurrency. In both 2018 and 2019, assets like bitcoin and Ethereum ultimately garnered mild gains here and there that caused several analysts and financial heads to think that the space was entering a period of recovery following massive prior drops. Cryptocurrency Sees Its Figures Drop During June This time around, however, cryptocurrency has been suffering heavily, and it does not look like things are on the verge of recuperating....

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Sotheby’s Diamond Fetches $12.3 Million in Crypto

Not long ago, Live Bitcoin News reported on a diamond that was being sold by Sotheby’s. The diamond was more than 101 carats – a rare feat for any jewel – and the big clincher was that the auction house was willing to accept crypto bids for the item. It now looks like this little bet has paid off. Sotheby’s Auction Makes Crypto History A crypto fan has ultimately parted with approximately $12.3 million in digital funds in exchange for the jewel. According to a statement...

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Sotheby’s to Host Diamond Auction; Crypto Bidders Welcome

As one of the world’s largest brokers of jewelry and fine art, Sotheby’s is preparing to auction off a massive 100 carat diamond. What is the big clincher? Bidders can potentially purchase the item with cryptocurrency. Sotheby’s Will Sell You a Diamond for BTC Known as Key 10138, the diamond in question is pear shaped and nearly flawless in its crystal-like design. It is extremely rare to come across a diamond with so many carats, though it seems like Sotheby’s has done...

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Large, Luxury Penthouse in Miami Sells for $22 Million in Crypto

One of America’s most luxurious penthouses just sold for more than $22 million – and the deal was completely finalized through cryptocurrency. The home consists of four bedrooms and is located within a condo building known as Arte by Antonio Citterio, which is situated in Miami Beach, Florida and designed by real estate developers Alex Sapir and Giovanni Fasciano. Miami Real Estate and Crypto… A Perfect Match? While crypto-real estate deals have been occurring over the...

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Decentralized Finance (DeFi) wird dein Verständnis von Finanzmärkten & Banken grundlegend verändern

Decentralized Finance (DeFi) wird einen signifikanten Einfluss darauf haben, wie Banken in Zukunft arbeiten werden. Das Potenzial birgt die Möglichkeit die gesamte Finanz- und Bankenwelt auf den Kopf zu stellen und vielleicht sogar zu ersetzen. Bevor wir uns das ein wenig näher ansehen, müssen wir noch einen kurzen Ausflug zu Decentralized Finance (DeFi) machen. Defi steht für dezentralisierte Finanzmärkte (engl.: Decentralized Finance). Es geht vor allem im Krypto Bereich darum, neue...

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Regulators Warn of New Crypto Ponzi Scheme in Texas

The cryptocurrency space has often been wrought with fraud, which has caused problems for both regulators and traders. In the state of Texas, a new crypto-based Ponzi scheme has come about that has ultimately caused the area’s securities commissioner to step in. There’s a New Crypto Ponzi Scheme in Texas Travis J. Iles has issued an emergency cease and desist order to stop what he is referring to as a fraudulent cryptocurrency trading program. Those allegedly guilty of...

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The Bank of England Considers Issuing A New Cryptocurrency

The United Kingdom and the Bank of England are looking into potentially unveiling a new bank-issued digital currency. The Bank of England Wants Its Own Version of Crypto There are several countries over the past few years that have been exploring the idea of utilizing bank-issued currencies to boost financial prowess. Among the only nations to have done so thus far is China, which drew back the curtain on its plans for the digital yuan as early as 2019. While the...

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Several Leading Crypto Organizations Form the CCI to Promote BTC Education

Several leading digital currency businesses – including Square, Fidelity, Paradigm and Coinbase – are launching an organization known as the Crypto Council for Innovation (CCI) designed to help regulators, policymakers, business owners and investors better understand the benefits of digital currency. The CCI Is Here to Dispel Some Myths The CCI is all about education and seeks to provide the information necessary to ensure companies and individuals alike know what it is...

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Crypto Industry Reaches $2 Trillion Market Cap Following Ethereum and Altcoin Surges

The cryptocurrency arena has reached a new pinnacle. The industry has a total market cap now exceeding $2 trillion. The news comes after several of the world’s leading altcoins – including Ethereum, Litecoin, Ripple’s XRP and Binance Coin – spiked to new highs after bitcoin once again neared the $60,000 per unit range. Ethereum and Other Coins Have Jumped Heavily The cryptocurrency industry’s market cap has so far more than doubled what it was at the beginning of the...

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