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Tag Archives: News

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...

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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...

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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...

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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...

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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...

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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...

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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....

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Bitcoin Cash Analysis: Risk of Break Below $300

Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $315 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $300 support in the near term. Bitcoin cash price is struggling below $310 against the...

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Barca Athletics Club Is Trying to Establish Its Own Digital Asset

The Barcelona Athletics Club – otherwise known as Barca or Barcelona FC – is looking to establish its own cryptocurrency so it has a fighting chance against foreign investors and corporate clubs. Barca Is Headed for the Crypto Space President Joan Laporta explained at the Mobile World Congress that he is also looking to launch a new string of non-fungible tokens (NFTs) to bolster the club’s presence in the crypto industry. While Barca has turned down several...

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Report: Crypto Mining Will Double in About Six Years

Despite heavy calls from environmentalists to end the practice, it doesn’t look like crypto mining is leaving us anytime soon. In fact, it appears that the space is going to get even bigger in the coming years. Crypto Mining Continues to Expand There is a widespread desire for digital assets, and as this desire grows, miners are being asked to place more units into circulation. Thus, crypto mining is still very much in style, and so long as people continue to demand...

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