Tag Archives: News

Financial technology company Revolut is ensuring that all seven million of its customers have access to cryptocurrency in the coming days. According to the company, cryptocurrency is a “safe haven” against inflation and other economic troubles.Revolut Vouches for CryptoThe question of cryptocurrency as a “safe haven” has been bouncing back and forth between the industry’s walls these last few weeks. Ever since the coronavirus took hold of the world, many are wondering how bitcoin and its...

It’s happened again, folks. Another bitcoin ransomware attack has occurred, only this time, it appears the victimized company – in this case foreign exchange venture Travelex – had no other choice but to pay what the hackers were asking for.The Latest Bitcoin Ransomware Attack in the BooksThe event took place in early 2020, and executives have allegedly paid the hackers as many as 285 bitcoins as a means of getting their network and respective data back. It’s a scary thought that something so...

Today is a strange day for bitcoin. The currency has fallen below the $7,000 mark yet again and has shed approximately $300 from its price in one day.Bitcoin Has Taken Another FallWhat the heck happened? The currency was doing so well as of late. It had recovered by quite a few thousand and was potentially moving back up the financial ladder, so why the sudden drop?Yesterday, Live Bitcoin News reported on the bitcoin cash halving that recently occurred in the middle of the week. The event was...

A bitcoin cash halving occurred last Wednesday, and many are waiting with bated breath to see what happens.Bitcoin Cash Has Undergone a HalvingIn the past, big events surrounding bitcoin cash have not always fared well for big daddy bitcoin. The asset dropped heavily nearly two years ago when bitcoin cash forked in late 2018, which led to the creation of an entirely new cryptocurrency known as bitcoin SV and a boatload of controversy to boot.The asset – widely considered the brainchild of...

Analysts are claiming March was a pivotal time for bitcoin and most other cryptocurrencies in terms of volatility.Volatility Was At Its Highest Since 2013During this month, bitcoin reached a six-year high for price swings. That means everything bitcoin and the crypto space encountered in 2018 – arguably a harsh time for most digital assets – is small beans compared to what we’ve witnessed over the past four weeks.According to firms like Block Force Capital, bitcoin volatility swelled by 167...

It’s no secret that Mike Novogratz – a former hedge fund manager – has always been a big fan of bitcoin. When everyone else has lost faith, he’s always there to tout it and remind us of just how special it is.Mike Novogratz Is Betting Big on BitcoinNow, he’s claiming bitcoin is about to make a huge leap. On Twitter, he writes:I’ll make a bet for dinner anywhere in New York City that bitcoin outperforms both [gold and treasuries] over the next three months, and I like gold… Give it a few...

Bitcoin cash price started a fresh decline after it topped near the $280 level against the US Dollar.The price is down more than 5% and it broke the key $250 support area.There was a break below a connecting bullish trend line with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to continue lower and it could even retest the $225 support area.Bitcoin cash price is showing a few bearish signs below $250 against the US Dollar. BCH/USD...

As the co-founder of Ethereum, Charles Hoskinson has always held a top spot in the crypto industry.Hoskinson Offers Another BTC-Related DishRecently, Hoskinson was one of a few investors to suggest that bitcoin could reach the six-figure range in the year 2020. Alongside individuals such as Ross Ulbricht of Silk Road fame, Hoskinson was quick to suggest that the world’s number one cryptocurrency by market cap could potentially hit $100,000 by the time the year was finished.Given that bitcoin...

A report from survey data firm Visual Objects suggests that bitcoin isn’t being used for black market purchases as much as everyone thinks.Visual Objects: BTC Isn’t As Bad As You ThoughtFor many people, bitcoin and crime go hand in hand. Even regulators and government officials seem to think this is true. Bitcoin, allegedly, offers the anonymity users need to purchase items like drugs, guns and other illicit goods without getting caught.However, this has become something of a stereotype over...

Analysts are predicting that April of 2020 could be a huge month for bitcoin and all its “offshoots.”Will the Halving Help or Hinder Bitcoin?Bitcoin is set to undergo a halving event in May, which up to this point, was slated to stretch the currency’s price beyond the stars and give it immeasurable power. However, as of late, the currency’s price appears to be gasping for air thanks in large part to the coronavirus-related panic that has brought down the world’s financial markets these past...