Tag Archives: News

Saudi oil giant Aramco has achieved the target valuation goal of $2 trillion in the second day of trading. Sources indicate that shares reached Crown Prince Mohammed Bin Salman’s target briefly humped by 10% to 38.7 riyals but it returned to previous levels of 37 riyals as the market opened. Pundits had long since been skeptical about the feasibility of the Saudi Aramco IPO before now. Sources further indicate that about 1.5% of the total value of the state-owned oil giant was listed earlier...

EOS price is declining and it recently traded below the $2.620 support against the US Dollar.The price is now trading above the $2.500 and $2.520 support levels.There is a major bearish trend line forming with resistance near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to stay above $2.500 and it might test the $2.360 support.EOS price is slowly moving into a bearish zone against the US Dollar and bitcoin. The price is likely to struggle...

BestChange.com, an e-money exchange service, is constantly working on facilitating the process for exchange virtual digital currencies online. One of the most popular features for traders that the platform offers is an opportunity to buy BTC tokens against Visa/Mastercard EUR.On its website, BestChange has mentioned a list of exchanges offering these services to customers. One of the key features of the platform is the fast monitoring of real-time prices for electronic currencies. Moreover,...

As the year is coming to an end, the Android community seems to be more and more eager for the upcoming Samsung Galaxy S11, and we already have plenty of details about it as well.The implied design of the new phone has, of course, already leaked, with some of them even claiming that there might be five different S11 versions, including Galaxy S11e and Plus flavors. The look will be similar but camera systems on the back should be different.What we officially know is that Snapdragon 865...

Litecoin price is sliding and it is now trading well below the $45.00 level against the US Dollar.LTC price is under pressure and it could struggle to recover above $44.00 and $45.00.There is a major bearish trend line forming with resistance near $44.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $42.80 and $42.50 levels in the near term.Litecoin price is showing a lot of bearish signs against the US Dollar and...

The New York Department of Financial Services (NYDFS) said that it will soon introduce changes and upgrade its virtual currency license famously known as BitLicense. In the cryptocurrency community, NYDFS is well-known for already having a strict set of rules setting the highest regulatory benchmark standards.On Wednesday, December 11, Superintendent Linda Lacewell announced that the regulator will modify rules for the approval process of new digital currencies. Under the existing set of...

Jack Dorsey starts with the memories of the early days of Twitter. When it was decentralized and some people were saying they should continue that way. Yet, the dangers of the modern Internet influenced the development and Twitter was intensively centralized to solve several troubles.However, now Twitter CEO is seeing some new challenges and he claims that centralized social media cannot solve them. For instance, centralized enforcement of global policies cannot address abuse and misleading...

Last week, Live Bitcoin News reported on a story involving a cryptocurrency exchange known as Dunamis Coins Resources Limited, based in Uganda. The exchange was under fire from users who say they were duped into providing money to the business as part of a shady job application process.Case of Uganda Exchange Grows LargerThe exchange was requiring all those interested in seeking consideration for its crypto and blockchain-based jobs to donate $5. The trouble was that about a month later, the...

According to crypto analyst “Dave the Wave,” bitcoin’s price could reach $170,000 by the year 2028.Dave the Wave: The Big Numbers Are ComingAt first glance, the news is a little disappointing. For one thing, many people – including venture capitalist Tim Draper – are predicting larger prices for bitcoin within shorter timeframes. In the past, Draper has gone so far as to say that BTC would reach $250,000 by the year 2022. This was later switched to the year 2023, but even still – that’s a...

It’s no secret that billionaire Mark Cuban is not a huge fan of bitcoin or cryptocurrencies. Now, however, he appears to be taking his criticism to an even higher level.Mark Cuban Still Isn’t Cool with BTCCuban recently commented that bitcoin could never be “used as a reliable currency.” Among his main points is that bitcoin, at the time of writing, is considered more of a “collectible” that actual money. People collect units of BTC as a means of expanding their wealth. It’s more of a...