Tag Archives: News

Ripple price started a fresh increase above the $0.60 zone against the US dollar. The price is now trading above $0.7000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.6680 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if it clears the $0.7250 resistance level. Ripple price is trading in a bullish zone above $0.6000 against the US Dollar, like...

Raphael Sauleau is the CEO of Fraser, a firm that specializes in luxury boats. He says young people are becoming bitcoin millionaires, and many of them are now in the habit of buying yachts. Yachts Are the Objects of Desire for BTC Investors Aside from being early bitcoin investors, a lot of them have high-paying jobs in hedge funds and startups. They all seem to share the same dream – to purchase yachts and sail the seven seas. They are using the bitcoin they’ve earned...

Nayib Bukele – the president of the Central American country of El Salvador – is telling the International Monetary Fund (IMF) to “talk to the hand” because he’s clearly not listening. El Salvador Isn’t Listening to the IMF Not long ago, the IMF made headlines when it practically got down on its knees and begged El Salvador to reject bitcoin forever and dismiss its newfound crypto agenda. Nothing good could come of BTC in the agency’s mind given that the asset is prone...

In a recent interview, Jack Dorsey – the man behind billion-dollar companies such as Square and Twitter – said that Mark Zuckerberg – the CEO of Facebook, now Meta – was wrong to try and start his own cryptocurrency venture, and he feels things would have been more successful if he had focused on bitcoin. Jack Dorsey Is Critical of Diem BTC is the world’s largest and most popular cryptocurrency. Dorsey has long been a fan, working to enhance trading through Square and...

Not long ago, Live Bitcoin News published an article discussing Facebook aka Meta and its decision to sell off any assets aligned with Libra/ Diem. It looks now like those assets have been sold and the project has officially come to an end. The Facebook Libra Project Is Now Fully Over The developers behind Diem confirmed in a statement that the assets were sold for around $200 million to a crypto-based bank known as Silvergate. Initially, both firms were working with...

In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the space, and is even planning to launch a virtual version of the country’s currency called the digital rupee. India Is Set to Regulate Crypto This is one of the biggest changes a country has ever exhibited when it comes to crypto. There was a long period when India had a very...

Wealth Simple – an online brokerage in the country of Canada – wants to engage in a program where it gets to see how people are using cryptocurrencies. Analysts believe that there will be regulatory tactics set in place designed to prevent Wealth Simple – and companies like it – from engaging in such activity. Wealth Simple Is Eager to Know How People Use Crypto One of the big issues facing bitcoin and the crypto space is the fact that many digital currencies, while...

A hot dog restaurant called Willy – Yums in Bradenton, Florida has become the latest company to accept cryptocurrency as a method of payment. Willy – Yums Opens Its Heart to Crypto Willy – Yums opened about five years ago. It serves hot dogs, burgers, Cuban sandwiches, and many other things to tantalize one’s taste buds. The man who owns it – Rob Williams – says he was introduced to crypto through a friend and he immediately began investing through the Robinhood app. He...

Is Linus Torvalds the man who invented bitcoin? Torvalds Has Become the Object of the Satoshi Obsession For the past several years, many crypto traders have sought to find out the identity of Satoshi Nakamoto, the man behind bitcoin (the world’s largest and most popular cryptocurrency by market cap). For some, the mystery is something that needs to be figured out soon. It’s become an obsession, but the questions behind Nakamoto’s identity usually leads to a dead end, and...

Bitcoin is a limited currency. It is finite and all set to run out someday. While the asset will likely always remain in circulation to some degree, there are only 21 million units of BTC, and about 90 percent of that has already been mined and added to the blockchain. Nayib Bukele – the president of El Salvador – sees this as a good thing. Nayib Bukele Things Bitcoin Is Going to Shoot Up in Price While bitcoin may be limited and thus very concentrated in the future,...