Tag Archives: News

Bitcoin cash price is declining and it recently broke the $238 support area against the US Dollar.The price is struggling to recover and it seems like it may even break the $215 support.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses towards the main $200 support area.Bitcoin cash price is tumbling below $238 and $220 against the US Dollar. BCH/USD is likely to test...

Several countries continue to pave the way for cryptocurrency and blockchain, the latest example being Lesotho in Africa. With a population of only 2.2 million and a relatively small government system, the nation has entered a “memorandum of understanding” (MOU) with the crypto company Apollo to potentially experiment with blockchain technology and see how it can best be implemented into the country’s regulatory bodies.Apollo Is About to Empower Lesotho with BlockchainLesotho announced in a...

Ubisoft, the French video game giant behind popular games like Assassin’s Creed and Prince of Persia has just entered into a partnership with Ultra, a blockchain game distribution platform. The partnership is set to put the two firms together to collaborate on future offerings, with Ubisoft serving as a corporate block producer on Ultra’s UOS testnet. The mainnet is scheduled to go live next year.Ultra has its eyes fully fixed on expanding the reach and utility of the current gaming industry...

Recent reports currently suggest that one of the world’s largest cryptocurrency exchanges, Binance, has had its Shanghai office shutdown causing its many staff members to either work remotely or even completely abandon China and move to Singapore. According to sources familiar with the matter as cited by The Block, there is currently no fully functioning Binance Shanghai anymore.The cited sources have also added that the office was recently raided by police in the area, for unknown reasons....

The value of cryptocurrencies is constantly fluctuating, but that doesn’t stop people and businesses from using them to conduct money transactions.Nowadays, you can use Bitcoin – the cryptocurrency that started everything – on Amazon, gambling venues such as the Sloto Cash online casino, and as of late – Airbnb as well.On November 11th, it was announced that Fold now supports payments to Airbnb, allowing people to book stays while enjoying some extra benefits.According to ads, Fold users will...

Remember Live Bitcoin News’ coverage of Einstein Exchange, the now defunct cryptocurrency exchange stationed in Canada? Remember how the company took roughly $16 million of customers’ money with it? Well, turns out a lot of that money is lost, and Einstein now only possesses about $45,000 of its previous total.Einstein Exchange: Losing Money QuicklyMost of the remaining money is made up of “hard assets,” according to an official statement, with about $15,000 comprised of various...

The dreaded BitLicense is widely regarded as one of the most notorious and controversial pieces of crypto legislation ever administered, which is why whenever a company gets one, it’s kind of a big deal.The BitLicense Isn’t Hated By AllAmong the recent companies to get their hands on a BitLicense is Fidelity Investments, which opened its crypto assets trading division not too long ago. The license will allow the company to operate in the Big Apple and provide all its crypto and blockchain...

LG CNS, the global IT service company owned by LG Corporation that enables digital innovation for customers through emerging IT technology, has established a strategic partnership with Ground X, the blockchain subsidiary of Korea’s largest mobile platform Kakao. Within the collaboration, the companies will work on developing various blockchain solutions and finding new ways for using the distributed ledger technology.The agreement has been signed at LG CNS headquarters located at LG Science...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe Bitcoin miners become fewerThe BTC cannot replace the dollar — LaneOn W1, the Bitcoin is developing another impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth, balancing the price. It might be that we will not see any new impulse of growth until the minimum is renewed. The bearish behavior of the price is aimed at 61.8% ($7230.00) and 76.0% (5700.00)...

As previously reported by CoinSpeaker, China’s Bitcoin mining giant Canaan Creative conducted its IPO with its shares going public on the Nasdaq platform on Wednesday, November 20.Well, things have certainly not gone the way Canaan thought and it looks like the decision to go public was all done in haste. In its filing to the United States Securities and Exchange Commission (SEC) Canaan marketed its shares for $9 to $11, as per the Bloomberg report.Previously, Canaan planned to raise around...