Twitter and Jack Dorsey have long claimed to be advocates of both bitcoin and cryptocurrencies in general, but according to some leading members of the digital community, this may not be the case.Twitter Is Fighting Members of the Crypto CommunityMike Dudas – a tech investor and founder of crypto analysis website The Block – claimed that Dorsey is in the process of” shadow banning” him. In other words, Twitter doesn’t have the guts to tell him face-to-face that he’s being banned, and that his...
Read More »Why Did Bitcoin Jump So Swiftly? Analysts Weigh In
Bitcoin rose more than 15 percent in one day. The behavior, while very much welcome, is also quite odd, and many analysts are wondering what could have caused the world’s number one digital currency by market cap to experience such a massive surge so quickly.Bitcoin Is Back in Bullish HandsWhile the asset is presently trading for as a much as $8,800 – a price that is certainly solid in most traders’ eyes considering just 1.5 months ago, the currency was trading in the high $3,000 range –...
Read More »Bitcoin Drops $600 Following Massive Selloff
Bitcoin is currently trading for over $8,800, but during yesterday’s early morning hours, the currency ultimately spiked beyond $9,000 for the first time in well over two months. Now that bitcoin has fallen somewhat, analysts are trying to figure out what may have happened.Bitcoin Has Taken a FallThe sentiment is that a massive selloff occurred once bitcoin reached this point. It’s an unfortunate fact to consider; the idea that bitcoin gains a bit of momentum and all anybody can think to do...
Read More »Bitcoin Is Causing the Entire Crypto Space to Expand
The cryptocurrency space has added a whopping $35 billion to its overall market cap thanks, in part, to bitcoin surging well beyond the $8,000 mark.The Crypto Market Owes Its Gains to BitcoinWhat’s even more impressive is that during yesterday’s early morning hours, the number one cryptocurrency by market cap surged into the low $9,000 range, which means that its present price is something of a correction or a “settling” at something lesser. Still, the market is in extraordinary shape...
Read More »BTC Is Moving Up; People Are “Blaming” the Halving
The halving is set to occur in the next 11 days, and bitcoin analysts and enthusiasts are waiting with bated breath. They’re excited and eager to see what’s going to happen with the world’s number one cryptocurrency by market cap.The Bitcoin Halving Is Setting the StageDanny Scott – co founder and chief executive of crypto exchange Coin Corner – explained in an interview on Thursday:Coming up in 12 days is the bitcoin halving – which in short cuts the supply of bitcoins coming into...
Read More »Bitcoin Inches Even Closer to Five-Figure Range
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is continuing its bullish behavior and getting even closer to the $10,000 mark it enjoyed last February. At press time, the asset is trading for a whopping $8,850, though it briefly sailed past the $9,000 mark early yesterday morning.Bitcoin Is Getting Bigger and BiggerThe currency is setting new boundaries for itself after the U.S. has agreed to several new aid packages for both workers and businesses...
Read More »Bitcoin Cash Analysis: Fresh Rally Above $260 Very Likely
Bitcoin cash price rallied to a new monthly high at $276 before correcting lower against the US Dollar.The price found support near $250 and it is currently preparing for a fresh increase.There is crucial bullish trend line forming with support near $250 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh rally once it clears the $260 resistance area.Bitcoin cash price is trading in a nice uptrend above the $250 level against the US Dollar....
Read More »Crypto Trading Platforms All Want Unique Blockchains
Several cryptocurrency exchanges are looking to build their own blockchains, which means that somewhere down the line, we’re likely to see the birth of several crypto exchange-birthed tokens.Exchanges Are Making Their Own BlockchainsSome trading platforms have already made this goal a reality. Binance, for example, is the largest and most popular cryptocurrency exchange by volume. The asset trading company has given rise to both Binance Coin (BNB) and Binance USD (BUSD), which is the...
Read More »Stellar Lumens Has Jumped More Than 70%
The cryptocurrency arena has been hit hard by the coronavirus pandemic over the past few weeks, but it seems to be coming back in full force. Currencies like Stellar Lumens (XLM) appear to have regained much of their March losses.Stellar Is Surging Like Nobody’s BusinessEarlier today, Live Bitcoin News reported that BTC – the world’s number one cryptocurrency by market cap – had surged past the $8,000 range for the first time in nearly two months. The currency is easily leading the market’s...
Read More »Bitcoin Shoots Past $8,000
Holy mackerel! Bitcoin has fired past the $8,000 mark! What has happened? Not that we’re complaining, but this is a massive gain for a currency that was misfiring heavily up until a few weeks ago!Bitcoin Has Surged Past $8,000Just yesterday, the currency was trading for about $7,700. This, itself, was a massive jump from where the currency was prior. Bitcoin has been struggling since early March. The currency was trading for well over $10,000 in mid-February, but ultimately fell into the high...
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