Tag Archives: News

Ripple price is struggling to clear the $0.80 resistance zone against the US dollar. The price is now trading above $0.72 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase unless there is a clear move below the $0.7080 support zone. Ripple price is trading in a bullish zone above $0.7080 against the US...

Who would’ve known that the term “HODL” came about by mistake? The term refers to someone keeping their bitcoin or other forms of cryptocurrency long-term and refusing to sell, no matter how high the price goes. It has become a staple term for the crypto industry in many ways, and yet it probably shouldn’t even exist. Where Does the Word “HODL” Come From? “HODL” was initially designed to be “HOLD,” a word that any English speaker would understand. The person writing it...

Bitcoin hasn’t done super well as of late. The world’s number one cryptocurrency by market cap has ultimately lost approximately 20 percent of its value since the beginning of the year due to many harsh economic factors including the war in Ukraine and rising rates thanks to the Fed, but all this isn’t scaring Anthony Scaramucci, the former White House director of communications under Donald Trump. Anthony Scaramucci Has High Hopes for BTC Having started a bitcoin fund...

Cega Finance – a decentralized finance platform – has earned more than $4 million in seed money from firms such as Dragonfly Capital Partners, Coinbase Ventures, Alameda Research, and Solana Ventures. Cega Finance Completes $4 Million Funding Round Cega seeks to bring exotic derivative capabilities to crypto. At press time, the Cega team consists of several monetary experts, experienced developers, Y Combinator founders, and a former options trader. The company’s staple...

People are stealing energy in Malaysia. Why? Because they’re looking to get rich through crypto mining, and now the national utility company in charge of electricity use has a few ideas it’s working to implement that will purportedly combat this growing crime wave. Malaysia Looks to Stop the Theft of Its Energy The company – known as Tenaga Nasional Bhd. – says it’s looking to impose a new tariff on bitcoin mining operators. The idea is to ensure that nobody can get away...

Steve Wozniak – the co-founder of Apple – has long been a fan of bitcoin and crypto. In a recent interview, he referred to bitcoin as one of the biggest mathematical miracles of all time. Steve Wozniak Believes in Bitcoin Calling it “pure-gold mathematics” to be precise, Wozniak made it clear that while he loves bitcoin and the technology that supports it, there are other elements of the digital currency arena that he’s not too fond of, non-fungible tokens (NFTs) being...

Just yesterday, Live Bitcoin News issued an article discussing Coinbase and its blocking of roughly 25,000 illicit accounts that supposedly stemmed from Russia. Coinbase Has Nothing Against Russia Despite the conflict occurring in eastern Europe, executives and employees of the digital trading platform stated that the action taken had nothing to do with the war but rather with a larger attempt to battle fraud and illicit behavior in the digital currency industry....

Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The document opened the doors to more than a trillion dollars in spending. With a name like infrastructure, one...

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – announced earlier in the week that it is taking heavy action against Russian accounts on its platform. The company has worked to block as many as 25,000 separate crypto accounts allegedly stemming from Russia and that are believed to be involved in illicit activity. Coinbase Works Against Russian Accounts In addition, Coinbase says that it is revamping its efforts to push against...

The line between banks and crypto is becoming a lot thinner thanks to republican politicians in Virginia. A new amendment will be signed into law by the state’s conservative governor Glenn Youngkin that will allow banks in Old Dominion to offer crypto assets and services to their customers. Virginia Is Plowing Headfirst Into Crypto Last week, the state senate of Virginia unanimously voted to move forward with a bill amendment that focused on digital currency custody. The...