Online search giant Google is being criticized for its alleged lack of action against a bitcoin scam that takes on the form of a legitimate published newspaper article. Google Crypto Scams Are Becoming Too Prevalent The scam looks like a piece published by British media platform The Daily Mirror. The piece includes an interview with a person that is alleged to be Britain’s youngest millionaire, who reportedly earned all his money through crypto investments. The headline...
Read More »e-RUPI Is a Company That’s Pushing Crypto-Based Ideals
e-RUPI is a new cashless and contactless payment instrument that allows individuals to make payments for goods and services on their mobile devices. As a product that generates QR codes, e-RUPI is praising the cryptocurrency space for helping the world of digital payments expand beyond typical horizons. e-RUPI Has Many of the Same Principles as the Crypto Space While e-RUPI is not involved in cryptocurrency nor is it in any way, shape, or form similar with digital...
Read More »BSV Has Become the Latest Victim of a 51% Attack
Bitcoin SV (BSV) – a currency that emerged a few years ago through a hard fork of bitcoin cash – has been subjected to a 51 percent attack. Analysts claim that the attack may have been an attempt to fully destroy the asset. Bitcoin SV has now dropped by more than five percent. BSV Is Under Attack A 51 percent attack usually occurs through the hands of a miner or miners that are looking to somehow profit from a particular asset’s blockchain. The persons involved try to...
Read More »The SEC Is Opening Its Mind to BTC ETFs
Gary Gensler of the U.S. Securities and Exchange Commission (SEC) has expressed a certain and sudden openness regarding bitcoin and crypto-based exchange-traded funds (ETFs), though many BTC and crypto analysts aren’t too happy about the situation. Will Bitcoin ETFs Soon Garner Approval? As it turns out, Gensler wants these ETFs to operate under a strict mutual fund rule that dates all the way back to the 1940s. In addition, he has stated that while the agency would be...
Read More »Marathon Digital Is Expanding Like No Other Crypto Mining Firm
Just yesterday, Live Bitcoin News published an article about Clean Spark and all the growth it was experiencing. Apparently, it is not the only major crypto mining firm undergoing massive changes. Today, news has come out about Marathon Digital Holdings, Inc., which is a competing firm that is now experiencing heavy updates of its own. Marathon Is Headed for the Big Time July has been one of the biggest months for Marathon in quite a while. The company produced more than...
Read More »Dan Morehead: BTC Could Reach $700K By the Year 2031
Bitcoin has been struggling as of late. While the currency has jumped into the high $30,000 range, the world’s number one digital currency by market cap had initially dropped by more than 50 percent from its mid-April high of roughly $64,000. Bitcoin May Reach $700K in the Next Decade Still, that isn’t stopping people from losing hope, and now Dan Morehead – the founder of Pantera Capital – is suggesting that bitcoin could spike as much as 1,500 percent within the next...
Read More »How the New Infrastructure Bill Could Wind Up Hurting BTC
Not too long ago, bitcoin endured something of a comeback, hitting the $40,000 mark for the first time in well over a month. While the price didn’t last, the currency is still in the high $30,000 range, which is considered a step forward in the right direction given how poor bitcoin was doing before, but with the new infrastructure bill making its way into the United States, many analysts and traders are worried that things could potentially begin to fall again, as the...
Read More »BTC Mining Firm Clean Spark Is Growing Like Crazy
Clean Spark Inc. – a bitcoin mining services and software company – has announced several new updates regarding its processes and operations, as well as general changes to the mining sector. Clean Spark Is Heading for the Top The company’s mining division – known as Clean Blok – boasts more than 7,500 machines at the time of writing. The hash rate capacity with the company stands at more than 740 PH/s, while approximately six bitcoin units are extracted each day. Clean...
Read More »Bank of America: There Are Benefits to El Salvador Accepting BTC
As previously reported, El Salvador has become the first country in history to declare bitcoin legal tender. Several financial institutions – such as the World Bank – are not too happy about the situation, but while others like Bank of America admit that there is quite a bit of risk in making bitcoin legitimate money, there are also some potential benefits that may be getting ignored. Bank of America: El Salvador May Be on a Solid Track In a recent report, Bank of...
Read More »EOS Price Analysis: Bulls Aim Higher Above $4.5
EOS started a fresh increase above the $4.00 resistance against the US Dollar. The price is now trading above the $4.00 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.25 and $4.30 resistance levels in the near term. EOS price is showing positive signs above $4.00 against the US...
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