The number of romance scams involving crypto have exploded in recent years. Not long ago, Kevin Sam of Antioch became the latest victim of one such scam, and he’s lost hundreds of thousands of dollars in digital currency funds. Kevin Sam Has Lost a Lot of Money Sam says he met a woman online that he’s not naming at press time. She described her as such: She was very kind. Still to this day, she’s kind of empathetic. He commented that their relationship continued to grow...
Read More »Thomas Peterffy: Bitcoin Will Be Worth Nothing
Thomas Peterffy – a brokerage pioneer and billionaire investor – explained in a recent interview that he thinks bitcoin will eventually become worthless given inflation is slated to last for several more years. Thomas Peterffy Says BTC Will Fall to Zero The 77-year-old founder and chairman of the online trading platform Interactive Brokers took note of the fact that inflation in America has reached 9.1 percent, a new all-time high for the most powerful country in the...
Read More »Celsius Network Is Next Crypto Company to File Bankruptcy
Crypto lending platform Celsius Network has been in the news several times over the past few weeks. The company has made repeated headlines given that it took a big step towards centralization and ultimately paused all customer withdrawals as a means of coping with ongoing market volatility. Celsius Is Filing Bankruptcy Sadly, things didn’t quite stop here. Word has since been received that Celsius is now entering bankruptcy proceedings, hinting that maybe this crypto...
Read More »New Poll Suggests $10K Price for Bitcoin
A new poll is suggesting that most people think bitcoin will hit $10,000 per unit in the coming weeks and months rather than $30,000. Will Bitcoin Fall Down to $10K? The survey in question asked, “What do you think bitcoin will do first? Hit $30K or $10K?” Many of the survey respondents said that the latter number would be struck, suggesting sentiment surrounding bitcoin in recent weeks has become rather negative. The world’s number one digital currency by market cap is...
Read More »Hyosung America and Digital Mint Join Hands in the Name of Crypto
Hyosung America is joining hands with Digital Mint, a premier cash-to-crypto platform, so it can launch a new API-based app store. Digital Mint Is Looking to Ensure Safe Access to Crypto The big clincher with Digital Mint is that customers can purchase bitcoin instantly at both ATM and teller locations throughout the U.S. The company also has its own software companies can implement if they are interested in engaging in bitcoin sales. Founded in the year 2014, Digital...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Upside Break
ADA price started a fresh increase above the $0.54 resistance against the US Dollar. The price is now trading above $0.54 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.536 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.530 support zone. Cardano price is showing positive signs above $0.530 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Ethereum Price Analysis: ETH Reaches Key Uptrend Support
Ethereum price started a downside correction from the $2,000 zone against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,820 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,780 zone. Ethereum price is correcting lower below $1,900 against the US Dollar. ETH/USD could rise again...
Read More »Will Bitcoin Top $70,000 In the Next Three Years?
With the bitcoin and crypto spaces in full crash mode, many are wondering when these ugly bear conditions are coming to an end. According to many analysts, there is a light at the end of the tunnel in the sense that bitcoin is likely to top its near-$70,000 all-time high (achieved last November) before we hit 2025. Will Bitcoin Recover Before 2025? Meltem Demirors – the chief strategy officer at Coin Shares – is one of the industry heads offering this sentiment, claiming...
Read More »Meet Stefan Berger, the Man Behind the EU’s New Crypto Legislation
Not long ago, Live Bitcoin News published an article discussing the new crypto regulations that the European Union (EU) was implementing. Now, we get a chance to meet the man responsible for bringing those regulations to the forefront. His name is Stefan Berger, and he’s a member of the European Parliament (MEP). Stefan Berger Wrote the Regulations Known as Market in Crypto Assets (MICA), the EU has implemented what many believe will be the ultimate legislation for...
Read More »Anthony Pompliano Builds Crypto Employment Center
Anthony Pompliano has been a longtime crypto bull. He’s been working with co-founder Colton Sakamoto over the past 18 months to establish a new crypto firm known as Inflection Points, which focuses on creating crypto employment and business training for workers as the space becomes more mainstream. Anthony Pompliano Is Developing Inflection Point The company has managed to garner nearly $13 million in new funding, and the firm wants to help crypto companies connect with...
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