Thursday , May 16 2024
Home / Tag Archives: News (page 611)

Tag Archives: News

Ripple Price Analysis: Risk of Downside Break Below $0.7

Ripple price is struggling to stay above the $0.70 zone against the US dollar. The price is now trading below $0.75 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear move below the $0.7000 support. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar,...

Read More »

China Says Its Bitcoin Industry Is Pretty Much Dead

The central bank of China has recently issued a report claiming that bitcoin trading in the country has fallen from about 90 percent to ten percent worldwide at the time of writing. China Bitcoin Trading Has Really Fallen Automatically, we feel a huge inclination to shout, “Duh!” at the bank’s representatives. If they are reporting this in surprise, they are on the wrong track. China has worked very hard over the past year to ensure that bitcoin and crypto trading has no...

Read More »

Mercury Digital Seeks to Enhance Crypto Companies’ Product Offerings

Leading trading technology provider Mercury Digital Assets has unveiled its new BEACON OTC platform. The software is designed to provide several crypto markets – including ATMs and digital exchanges – with institutional services that will help them provide crypto derivatives and spot trading for customers. Mercury Digital Is a Leading OTC Provider Crypto has come a long way in the past several years. While initially traders could only invest in specific coins through...

Read More »

The ASA Cancels Posters Advertising Floki Inu Crypto

The Advertising Standards Authority (ASA) in the United Kingdom has banned an advertising campaign for the new altcoin Floki Inu, a derivative of the popular Shiba Inu altcoin which, in turn, stems from the popular digital meme currency Dogecoin. In other words, the ASA has a problem with Doge’s grandchild. The ASA Takes Aim at Floki Inu Floki Inu is named after Floki, the little Shiba Inu pup of South African billionaire and entrepreneur Elon Musk. Primarily known for...

Read More »

India Video Application Chingari to Unveil New Cryptocurrency

Chingari – a short video application based in India – has unveiled its new cryptocurrency GARI, which is slated to begin trading on the India-based cryptocurrency exchange Coin DCX. Chingari in India Will Have Its Own Crypto The move comes at a rather strange – and potentially inopportune – time given that India is still very much up in the air when it comes to the fate of cryptocurrency. The country has had one of the most unstable relationships in the world with...

Read More »

Crypto Donations for Ukraine Reach a New High

Over the last few weeks, Live Bitcoin News has been carefully and closely monitoring Russia’s invasion of Ukraine. We have reported the high number of bitcoin and crypto donations the country has received, which are now allegedly being used to support Ukraine’s military and give people the supplies they need to fight back. Ukraine Keeps Getting Digital Money Not long ago, Ukraine was reported to have earned as much as $12 million in crypto donations. Now, it appears the...

Read More »

Mark Mobius: Russia Is Causing BTC’s Price Spike

Mark Mobius, a veteran investor, claimed in a recent interview that traders can thank Russia for the sudden bitcoin price booms they’ve been witnessing. Mark Mobius On Russia and Bitcoin Mobius explained that several Russians are more than likely trading cryptocurrency at this stage. With the fear of war spreading throughout the land, it looks like several individuals have turned to bitcoin to satisfy their financial needs. Newfound sanctions brought on by the United...

Read More »

New York Crypto Mining Facility Causes a Lot of Noise for Residents

Residents of a town called North Tonawanda in New York are not too happy about all the noise created by a nearby digital currency mining facility. Located on Erie Avenue, a street used by several neighborhoods, citizens feel that the noise levels are making the area unsafe. Crypto Mining Facility in New York Is Quite Noisy One of the residents complaining about the nose is a woman named Darlene Bolsover. In an interview, she says the mining facility presents a lot of...

Read More »

Bitcoin Is Suddenly Spiking as Conflict in Ukraine Rises

Bitcoin has surged. The world’s number one digital currency by market cap is once again trading above the $40,000 mark, meaning the Russian invasion of Ukraine may be having sudden opposite effects. Ukraine Invasion May Have Aided BTC Over the past week, the world watched in horror as Russia invaded its neighbor Ukraine. The price of bitcoin immediately began to tank as fears of war began running across the globe. Traders began to view their digital asset savings...

Read More »

Face Pay to Launch New Digital Currency

Face Pay Inc. – a firm that looks to help credit card companies avoid or eliminate third-party fees – announced it is unveiling its own cryptocurrency known as Face Pay Crypto. Face Pay Is Launching a New Crypto System The company made headlines roughly two years ago when it launched a new fixed-price subscription service. Now, the enterprise will be entering the digital asset market so customers can shop utilizing currencies like bitcoin, Ethereum, and similar altcoins....

Read More »