Tag Archives: News

In a recent discussion, Gary Gensler – the present head of the Securities and Exchange Commission (SEC) – stated that major cryptocurrency platforms and exchanges need to embrace and cooperate with regulators if they wish to maintain their present levels of trust amongst customers. It’s a statement that arguably suggests Gensler knows absolutely nothing about cryptocurrency. Gary Gensler Is All About Regulation During the discussion, Gensler comments: At about $2...

The Congress of El Salvador has voted unanimously to approve a $150 million fund that will allow for bitcoin to fiat conversions in the country. El Salvador Is Really Pushing BTC Forward El Salvador is the first country to declare bitcoin legal tender. The country will permit bitcoin transactions for goods and services as though bitcoin was fiat currency beginning on September 7, though the journey has come with a few ups and downs, the first one arguably being that El...

A husband – who currently remains anonymous – is learning some hard lessons about love, life, and bitcoin investing. In a recent post on Reddit, the man admitted to squandering as much as 50,000 pounds of bitcoin in a bad investment. He now has none of the funds left and admitted in the post that he still has not been able to tell his wife. A Husband That Can’t Tell His Wife… The husband wrote on social media that he was “wracked with guilt” and that he could “barely...

What’s going to make bitcoin bigger than ever? According to billionaire investor Anthony Scaramucci, the answer is “trust.” Anthony Scaramucci Discusses BTC in New York Right now, trust – or the lack thereof – is getting in the way of the asset’s progress. Many are worried about the currency’s volatility and the fact that it is so vulnerable to price swings. Just four months ago, the asset managed to rise to a new all-time high of approximately $64,000 per unit, though...

Arise Coin was a crypto business that allegedly cheated investors out of as much as $4 million. Now, it appears the founder – a 33-year-old man named Jared Rice, Sr. – has been found guilty of masterminding the company. He has been sentenced to serve five years in prison and must also pay more than $4 million in restitution. Jared Rice Will Serve Time and Pay Penalties The sentence was handed down by US District Judge Ed Kinkeade in late August. Upon pleading guilty to...

A new study suggests that bitcoin and cryptocurrency have grown like crazy. They are part of a big industry that is seeing many investors, analysts and individuals stepping in and desiring to take advantage of the many benefits. There just seems to be a big problem: the crypto space is allegedly dominated by men, while women are struggling to keep up. Women Aren’t As Active in Crypto as Men Per a new study conducted by CNBC, Momentive, and other partners, it appears that...

Two siblings have learned a lot about bitcoin mining over the past few months and are now putting their knowledge to good use. 14-year-old Ishaan Thakur and his nine-year-old sister Aanya have apparently been earning more than $30,000 per month mining the world’s number one digital currency. Ishaan and Aanya Have Become Mining Moguls In a recent interview, Ishaan states: We started because we wanted to learn something new about technology – and also make some money along...

Bitcoin cash price started a fresh increase above the $650 resistance against the US Dollar. The price is now trading above the $650 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $680 and $690 resistance levels. Bitcoin cash price is moving higher above $650 against the US Dollar, similar...

Not too long ago, Live Bitcoin News put out an article discussing the worried attitude in El Salvador regarding the new law that would allow bitcoin to become legal tender starting next week. It appears the situation has escalated quickly, as people have gone from being concerned about volatility and business measures to straight up being anti-crypto. There are several protests going on in the Central American country, and many people are not too happy about the...

It appears Coinbase – one of the most popular crypto exchanges in the western hemisphere – has had a little security hiccup it needs to make up for. The trading platform accidentally sent out emails or text messages to a multitude of customers claiming that their two-factor authentications were compromised or changed in some way. This was not true, and now the company is looking to reward these customers with approximately $100 in bitcoin as a way of saying, “Our bad!”...