Alex Jones – a far-right media personality and the man behind Infowars – has lost a lot of bitcoins. Alex Jones Loses A Lot of BTC In a recent podcast episode, Jones told his guests that he had accidentally lost a laptop gifted to him by his friend Max Keiser, a hardcore cryptocurrency advocate. This laptop contained as many as 10,000 bitcoin units on it, and he had gotten the laptop about ten years prior when bitcoin was trading for just a few cents at most. Today,...
Read More »24-Year-Old Stefan Qin Pleads Guilty to Crypto Scam
At 19 years old, Stefan Qin – a self-proclaimed math prodigy – thought it would be a great idea to leave his university studies in Australia and relocate to New York to start two cryptocurrency hedge funds. Now, at 24, he has pled guilty to a scam that could land him a 20-year jail sentence. Stefan Qin Pleads Guilty Qin is the man behind Virgil Sigma and VQR, two cryptocurrency-based hedge funds. He told clients that he had developed algorithms that allowed him to...
Read More »Stellar Lumen (XLM) Price Tests $0.40, More Gains Possible
Stellar lumen price started a decent increase above the $0.3000 resistance against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.4000 and $0.4050 resistance levels. Stellar lumen price is showing positive signs above $0.3500 against the US Dollar, similar...
Read More »Ripple Price Analysis: Rally Could Extend Above $1.35
Ripple price gained traction and it rallied above $1.00 against the US dollar. The price is now trading well above the $1.10 resistance and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $1.32 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.10 support zone. Ripple price is trading in a positive zone above $1.10 against the US...
Read More »Poly Network Hacked, Loses $610 Million in Crypto Funds Only to Get Half of It Back
The Poly Network – which hosts several blockchains such as Binance, Ethereum and Polygon – has been hacked, resulting in more than $610 million worth of cryptocurrency being stolen. This is the largest decentralized network attack in the history of the cryptocurrency space. The Poly Network Is the Latest Crypto Hack Victim In a recent Q&A session regarding the event, a participant spoke out and claimed to be the person behind the attack. In the session, the...
Read More »Didi Taihuttu Is Hiding His Bitcoin All Over the World
Last November, Live Bitcoin News reported on a man named Didi Taihuttu and his family who had given everything they owned up in exchange for bitcoin. This was a family that lived by bitcoin, with bitcoin, and for bitcoin. They were willing to bet everything on it, and they had extremely high hopes for their financial futures. Didi Taihuttu Is Taking His BTC Dreams Further Now, Taihuttu and his family have taken their bitcoin journey to a whole new level. They have hidden...
Read More »Bitcoin Stumbles a Bit, Now Trading at $44K
At the time of writing, bitcoin – the world’s number one digital currency by market cap – has taken a small dive. Over the past couple of days, the currency has been trading in the $45,000 – $46,000 range, and many thought the asset was making its way clear to $50K. However, it looks like once again bitcoin moved a little too quickly for its own good. The asset has since fallen back a bit into the low $44,000 range, and many analysts are hoping BTC can take a breather....
Read More »Unocoin Wallet Holders Can Now Purchase Goods with BTC
Unocoin – a cryptocurrency exchange and wallet service in India – is allowing users to purchase goods and services through their wallets using bitcoin. Unocoin Users Push BTC Closer to Its Ultimate Goal The process is working a little differently than if one were to simply pay with cash. Rather than utilizing bitcoin directly to purchase everyday items, customers can instead utilize bitcoin to purchase vouchers, which can then be used for whatever products the...
Read More »Many Analysts Think Bitcoin Could Reach Six Figures By the End of 2021
Not long ago, Live Bitcoin News published a story suggesting that Tom Lee of Fundstrat fame was suggesting a $100,000 year-end price for bitcoin when 2021 reached its final days. Now, it looks like several other analysts agree, and believe six figures for the world’s number one digital currency in the next four months doesn’t sound so outlandish. Bitcoin Headed to the Moon! Meltem Demirors – the chief strategy officer at the crypto fund provider Coin Shares – took notice...
Read More »Mark Cuban Isn’t Happy About Bill’s Crypto Verbiage
With the passing of the infrastructure bill in the Senate, men like Mark Cuban are getting worried about what could potentially happen to the crypto space in America in the coming future. Mark Cuban Doesn’t Want Holds Put on the Crypto Space One of the most controversial things about the infrastructure bill in the United States – aside from the fact that it was passed without being fully written – was that it contained a section detailing cryptocurrency taxation. This...
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