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Tag Archives: News

Amazon: We Have No Intention of Accepting BTC Payments

Just yesterday, Live Bitcoin News reported that Amazon – arguably the biggest retailer in the world – was going to begin accepting cryptocurrencies by the end of the year as forms of payment. However, now it looks like this idea was a simple rumor, and Amazon has come out to suggest that it has no plans whatsoever in accepting bitcoin or other forms of digital assets as payments for goods or services. Amazon Says “No” to BTC Payments… For Now At this stage, bitcoin...

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IMF to All Countries: Don’t Make BTC Your National Currency!

The International Monetary Fund (IMF) is advising all countries to avoid making bitcoin or any other form of crypto their national currencies. The IMF Advises Making BTC Anything Other Than a Speculative Asset In a blog post, the IMF advises against making any sort of digital asset the currency of a national people. While the post does not mention any specific region, many countries – such as China – have turned towards making digital versions of their national...

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Survey: Singapore Is a True Leader When It Comes to Crypto

Just yesterday, Live Bitcoin News published a piece discussing how few Americans are investing in cryptocurrency. While many residents of the region have no doubt heard of bitcoin and its digital counterparts, it appears many of them have not actually taken the leap into buying them. However, in Singapore, it seems that these results are the exact opposite, as the country has full-on embraced BTC and its virtual brothers and sisters. Singapore Really Loves Its Crypto...

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EOS Price Analysis: Bullish On Close Above $4

EOS started a fresh increase above the $3.50 resistance against the US Dollar. The price is now trading above the $3.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.00 and $4.02 resistance levels in the near term. EOS price is showing positive signs above $3.50 against the...

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Litecoin (LTC) Price Analysis: More Upsides Likely Above $140

Litecoin price started a fresh increase above the $125 resistance zone against the US Dollar. LTC price is now trading nicely above $132 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $142 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate higher if there is a clear break above $142 and $145. Litecoin price is attempting a recovery above $132 against the US...

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Elon Musk Refers to Dogecoin as “Money” on Twitter

Elon Musk has always been there to push Dogecoin, and this week was no exception. The South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla tweeted that “Dogecoin is money,” and he wants everyone to take the asset seriously. Elon Musk Is Pushing Dogecoin Again Dogecoin is one of the most talked about cryptocurrencies in existence. First arriving on the monetary scene in approximately 2013, the currency initially began as a meme coin –...

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Survey: There Are Still So Few Americans Investing in Bitcoin

Bitcoin and other forms of cryptocurrency are becoming extremely well known. Nobody can deny this, and the names of these assets are going down in the financial history books like no other assets have in recent years considering how far they have come just in the last year alone. However, while it seems everyone in America knows what these currencies are, not that many people are willing to purchase them yet. Bitcoin Is Still Undervalued, According to Survey According to...

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Amazon Hints at Bitcoin Acceptance; Currency Shoots Up

Bitcoin has spiked like there’s no tomorrow. After several weeks of dealing with bearish activity, the world’s number one digital currency by market cap has surged all the way to the mid-$38,000 range. The jump appears to have something to do with Amazon, the biggest retailer in the world, and its potential decision to begin its own cryptocurrency and accept bitcoin as a payment method before the year is out. Amazon Suggests It Will Accept BTC Amazon is arguably the...

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Tron (TRX) Price Analysis: Bulls Eye Surge Above $0.065

Tron price started a fresh increase above the $0.0580 resistance against the US Dollar. TRX price is now trading well above $0.0580 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher above the $0.0620 and $0.0640 resistance levels. TRON price is trading in a positive zone above $0.0600 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Signaling Fresh Rally Above $40K

Bitcoin price started a fresh increase above the $35,000 resistance against the US Dollar. The price is now trading well above the $35,000 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair might correct lower, but the bulls are likely to remain active near $37,000. Bitcoin price is slowly gaining bullish momentum above $38,000...

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