Tag Archives: News

China’s virtual currency – the digital yuan – is set to make its official debut, and many residents and potential users aren’t happy about the way it’s structured.The Digital Yuan Isn’t for SpeculationRecently, the country issued a new law that would allow for the creation of such a coin. China had commented in the past that the digital yuan is designed to assist the nation in competing with Libra, the new cryptocurrency project being set forth by the social media conglomerate Facebook.For...

Former hedge fund manager Mike Novogratz is joining the ranks of Tim Draper, Charles Hoskinson and Ross Ulbricht and making some wild predictions about bitcoin’s price for the year 2020.Mike Novogratz: $12K for Bitcoin SoonIn a recent tweet, Novogratz commented that he thinks the world’s leading cryptocurrency by market cap will spike to $12,000 in the coming months. While $12K is certainly a fine number by most standards, it doesn’t quite garner attention or interest the way the predictions...

The Ethereum team will activate Muir Glacial hard fork on January 1 or 2. An update is important to defer the purported difficulty bomb by another 4 million blocks, and this will occur in block 9,200,000.Ethereum (ETH), the second-biggest computerized asset with a continuous market estimation of $14.5 billion, totally changed its benefit toward the end of the week and added up to $130.50 at the hour of composing. ETH/USD has lost over 2.5% over the most recent 24 hours and has stayed...

2020 is literally right around the corner. In what will be the final posting for Live Bitcoin News during 2019, let’s conclude our end-of-year series and examine how bitcoin might maneuver throughout the next 12 months, and how 2020 may stand in terms of bitcoin prowess.The Bitcoin Price Is Slated to Go BigWe’ve yet to begin the year, and already analysts and industry experts are going crazy with their price predictions for the world’s leading digital currency. Allegedly, this is the year...

As 2019 finally comes to an end, we close out not just a single year, but a rather wild decade. Starting tomorrow, the 2020s will come roaring in, ready to spread joy throughout the land of bitcoin and its altcoin counterparts. Let’s look back at some of the biggest stories to occur surrounding cryptocurrency over the past ten years and how they’ll influence the coming months.The Development of BitcoinWhile bitcoin wasn’t necessarily born in the 2010s (the whitepaper supporting its creation...

2019 is coming to an official close, and it’s been a crazy year for bitcoin and its crypto counterparts. In an end-of-year series, let’s examine some of the biggest stories that have occurred over the past 12 months and how they’ll possibly influence the crypto industry’s behavior in 2020.Bitcoin and Its Ongoing VolatilityIt can be argued that 2019 was a year of major volatility for bitcoin. After all, the currency started out at a mere $3,500 – where it remained until April. Bitcoin had...

At the time of writing, BTC/USD was changing hands for $7,230.01, down about 2% in the last 24 hours and not changing since the start of the day. The cryptocurrency of the first choice is closed in the range with a moderate bearish bias before the New Year.Brokers and financial specialists will, in general, leave the space during significant occasions. Accordingly, low, slow action prompts low volumes and low liquidity. While the generally merry season in the business sectors is exhausting,...

Judge Vernon Broderick of New York has released Virgil Griffith, the Ethereum developer, on bail. The decision issued by the U.S. District Court. When the hearings took place, the judge said that the law in America is not something that can be identified as a suggestion. Matthew Russell Lee, Inner City Press CEO, was in the room during the new hearings and sent some information to Twitter.OK- here for Virgil Griffith's appeal of his Dec 26 bail denial for alleged crypto violation of...

Tron price is trading above the $0.0130 and $0.0132 support levels against the US Dollar.TRX price is facing a major hurdle near the $0.01388 resistance level.There is a connecting bullish trend line forming with support near $0.0132 on the 4-hours chart (data feed via Bitfinex).The bulls seem to be aiming an upside break above the $0.01388 and $0.0140 resistance levels.TRON price is consolidating above key supports against the US Dollar, similar to bitcoin. TRX price must settle above...

Ethereum price is trading above the $128 and $130 support levels against the US Dollar.ETH price is likely to start another rally above the $135 resistance area.There was a break above a major bearish trend line with resistance near $129 on the 4-hours chart (data feed from Coinbase).The price remains well supported on the downside near the $128 area.Ethereum price is trading above key supports against the US Dollar. ETH/USD is likely to start a new upward move above the $135 and $140...