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Tag Archives: News

Cryptocurrencies Work Thanks to Key People, Not Blockchains

The outsiders may believe fancy Telegram graphs showing Bitcoin‘s decentralization levels and metrics. However, many of that stats supply data from a parallel reality. Because you cannot claim full decentralization when the majority of the industry is maintained by the same three to five companies. The will of the investors, not the cyberpunk spirit, changes the price of coins or destroys companies.There are at least seven influential people in the crypto space, including investors and...

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Tron (TRX) Price Analysis: Primed For Further Bearish Acceleration

Tron price is gaining bearish momentum below $0.0140 and $0.0136 against the US Dollar.TRX price is likely to continue lower below the $0.0132 and $0.0130 support levels.There is a crucial bearish trend line forming with resistance near $0.0140 on the 4-hours chart (data feed via Bitfinex).The bears are likely to remain in action and the price could even trade below $0.0130.TRON price is moving further into the bearish zone against the US Dollar and bitcoin. TRX price could continue to slide...

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Metaverse to Accelerate Blockchain Adoption with Lightning Networks for Merchants

Blockchain networks have been plagued by slow transaction speeds and limited block times since their inception. Although many projects have tried to increase the transactional capacity of blockchain networks, there have been few functioning solutions that do not compromise on security or decentralization as a result. Solving the issue of scalability is essential if blockchain-based payment networks are to compete with traditional payment processors, such as the Visa network, which can process...

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Two Bitmain’s Subsidiaries Get over $1M in Assets Frozen by Court

Beijing-based Bitmain Technologies Ltd. had a pretty rough year. Even though the company is still among the key players in China, its market share by hash rate has fallen from ~70% in June to ~66% now. In June 2017, Bitmain’s own data (via Frost and Sullivan) showed that it had a market share of around 75%.Christopher Bendiksen, head of research at CoinShares and Samuel Gibbons, the research analyst said that Bitmain needs fresh capital in order to fix a series of self-made damages caused by...

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Ethereum Price Analysis: ETH Tumbles, Risk of Additional Losses

Ethereum price is sliding heavily and recently tumbled below $140 against the US Dollar.ETH price is showing a lot of bearish signs below $138 and $135.There is a crucial bearish trend line forming with resistance near $138 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses below the $130 support level in the near term.Ethereum price is down and out below $135 against the US Dollar. ETH/USD is likely to continue lower as long as it is below the...

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Canadian Police Asked to Exhume the Body of Quadriga CX’s Gerald Cotten

Lawyers representing customers of the now doomed Canadian crypto exchange Quadriga CX are asking police officials to exhume (dig up) the body of the company’s deceased head executive Gerald Cotten.The Drama Surrounding Cotten Lives OnCotten made headlines in late 2018 when it was announced that he had passed away due to complications from Crohn’s disease while performing charitable work in India. What was so important about his passing was that Cotten was the only person working at Quadriga...

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Mark Cuban: BTC’s Biggest Issue Is That People Don’t Use It

Mark Cuban has never been a fan of bitcoin. He’s not afraid to hide his feelings, nor is he afraid to speak his mind when it comes to the popular – yet somewhat controversial – digital currency.Mark Cuban: People Aren’t Using BTCIn a recent interview, Cuban again took a stab at the number one cryptocurrency in the world by market cap. He says that at the end of the day, it only has one real problem – people aren’t using it.Right now, bitcoin is mostly used for speculation. A means of growing...

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60 Million People in the U.S. Are Freelancing: Is It the Future of Labour Market?

In the modern world with an incredibly high level of technological development more and more people use tech benefits in building their careers. Instead of daily commuting to and from work, they choose to freelance. Some are quite skeptical about such a way of earning money and believe that freelancing is more about something you do when you can not get a real job. However, they are wrong, and we are going to prove it.Freelancing is a fast and affordable way to start earning an income from...

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Erik Finman Provides Crypto to a School in Africa… Through Outer Space

In the past, Live Bitcoin News has reported on Erik Finman, a 20-year-old high school dropout who became a serious bitcoin connoisseur. Now, he’s using his knowledge and power in the crypto industry to send digital currency to the residents of Ghana through space as a means of providing citizens with appropriate financial means.Finman Sees the Power of CryptoThe “crypto space drop,” as it has come to be known, occurred in early November. Finman beamed the cryptocurrency into a string of...

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R3 Announces Succesful Completion of the Largest Blockchain Trade Finance Trial on Corda

New York-based enterprise blockchain technology company R3 has just successfully completed its largest finance trial test, according to a recent announcement. The move was a trial of the Marco Polo Platform for Open Account Trade Finance by R3 and was hosted on the company’s Corda blockchain.According to the announcement, the test had participation from more than 70 organizations across over 25 countries and five continents. It also had more than 340 participants and big names from several...

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