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Tag Archives: News

Hillary Clinton Is Not a Bitcoin Fan

Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...

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Crypto Mining Firm Bitdeer Set to Merge with Blue Safari

Singapore-stationed crypto mining firm Bitdeer Technologies Holding Co. is merging with a company known as Blue Safari Group Acquisition Corp. The former enterprise is controlled by Jihan Wu – a Chinese billionaire who is responsible for bringing Bitmain to life – and will begin trading on the Nasdaq once the $4 billion acquisition is complete. Bitdeer Has Some Big Plans As one of the most influential people in the digital currency space, Wu worked as the head equipment...

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Constitution DAO Loses Crypto Bid On American Legislation Document

Just the other day, Live Bitcoin News reported on an auction that was taking place for an original copy of the U.S. Constitution. It was supposed to be only one of 13 copies of the original 500 that ultimately survived history and lasted the 230+ years that have gone by since it was first written. The Constitution Wasn’t Won with Crypto… A group of avid crypto fans – known as Constitution DAO – began collecting crypto funds from people everywhere through social media and...

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Bitcoin and Crypto Crash Further; Half a Trillion Lost in a Week

The crypto space hasn’t been doing all that well, lately. The industry – which recently experienced a crash that brought it below the $3 trillion mark – has lost about $500 billion over the past seven days, as many investors have seemingly cashed out after bitcoin rose to a new all-time high of nearly $69,000. Bitcoin and Crypto Experience Further Drops We have seen this time and time again. Sadly, the space is filled with many individuals who have short-term goals. It...

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Bitcoin Cash Analysis: Bulls Struggle Near $650

Bitcoin cash price started a fresh increase above the $600 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $600 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $650 for a sustained move higher towards $750. Bitcoin cash price is showing positive signs above $600 against the US Dollar,...

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A Group of Bidders Seeks to Buy the Constitution with Crypto

A group of crypto fans are getting together to bid on a first edition copy of the U.S. Constitution. Buying the Constitution with Crypto… Can It Be Done? The group – which calls itself Constitution DAO – has allegedly raised more than $32 million in crypto funds from anonymous donors in under seven days. Apparently, they really want to purchase a piece of American history. At this stage, enough money has been raised that the individuals can compete with the heavy bidders...

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Environmentalists Still Think Crypto Is Evil

Over the past few months, crypto has really taken precedence with traders and American politicians. For example, New York City’s mayor-elect Eric Adams wants to be paid in BTC. He also wants to see crypto taught in schools. Miami’s mayor Francis Suarez also wouldn’t mind bitcoin-based pay. Crypto Isn’t Loved By Everyone The point is that crypto is witnessing heavy growth in its popularity. Unfortunately, many environmentalists still don’t see the space as worthwhile....

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A Real BTC-Based ETF May Not Arrive Until Next Year

A bitcoin-based exchange-traded fund (ETF) has made it onto the New York Stock Exchange (NYSE). Released by a company called Pro Shares, this product became the target of many crypto-related news headlines in recent weeks, and it has caused many people to see the digital currency space in a whole new light: one of legitimacy and precedence. A Physical Bitcoin ETF Is Needed for the Space to Grow Sadly, this and other recently greenlit ETF products are based on bitcoin...

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EOS Price Analysis: Risk of Breakdown Below $4

EOS price started a fresh decline from the $5.00 resistance against the US Dollar. The price is now trading below $4.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a major increase if there is a clear break above the $4.30 resistance. EOS price is showing bearish signs below $4.30 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Key Hurdle Nearby At $240

Litecoin price extended its decline below the $232 support against the US Dollar. LTC price is now trading below $232 and the 55 simple moving average (4-hours). There is a major bearish trend line is forming with resistance near $235 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could face a strong selling interest near the $235 and $240 levels in the near term. Litecoin price is consolidating above $200 against the US Dollar, similar to...

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