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Tag Archives: News

The CFTC Can’t Find the Leader of a Near $150 Million BTC Scam

The Commodity Futures Trading Commission (CFTC) says it is having trouble locating a man named Benjamin Reynolds, a person allegedly responsible for a bitcoin theft of $147 million or more.The CFTC Is Trying to Find an Alleged Scammer That’s MIAReynolds first initiated the scam in 2017. As the director of the cryptocurrency investment firm Control Finance in the United Kingdom, Reynolds initially sought to get people on board by guaranteeing returns of 45 percent or more on whatever they...

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The Dogecoin Price Just Keeps Going Up

Dogecoin has been spiking hard all week, and crypto analysts everywhere are desperate to find out why.Why Is Dogecoin Pumping So Wildly?The currency initially began as a joke – a rival of bitcoin that was never designed to be taken seriously. After all, the asset’s mascot is a cute little Shiba Inu, not the hardcore dollar sign-shaped B that has become so synonymous with bitcoin.However, something strange has been happening with the currency, which was declared to have a $1 billion market cap...

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Robert Kiyosaki Is Once Again Pushing Bitcoin

Robert Kiyosaki, the author of “Rich Dad, Poor Dad” is back at it again with his praise of bitcoin, the world’s number one cryptocurrency by market cap.Robert Kiyosaki: Forget About Houses and GoldIn an interview conducted by top bitcoin investor and enthusiast Anthony Pompliano – who just last week convinced comedian Bill Burr to purchase BTC for the first time – Kiyosaki explained to listeners that gold and real estate no longer hold powerful sway in the United States, and that investing in...

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John McAfee Offers Phone Based on Ghost Coin Tech

Controversial anti-virus mogul John McAfee is releasing his new Ghost Cell Phone Data Service in line with his recently released Ghost Coin.John McAfee to Release Privacy-Centered PhoneLike the currency, the phone plan is established with untraceable technology, meaning anyone who uses it cannot be tracked. They will allegedly remain completely anonymous, and their private data will not be vulnerable to outside parties or prying eyes. The phone features a 4G data service and will launch this...

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The Lightning Network Is More Vulnerable to Cyber Thieves

Some analysts are warning that the Lightning Network is becoming a frequent target for thieves and hackers.The Lightning Network Is Open to AttacksThe Lightning Network is a new platform designed to assist bitcoin and make it faster by processing several small transactions off-chain. As bitcoin is the biggest and most popular blockchain in the world, it is often bogged down by the amount of activity it witnesses. It has slowed down heavily over the years, resulting in too much traffic and...

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Boris Schlossberg Is Pushing Gold Over BTC

For all everybody’s been talking about bitcoin as of late, it looks like gold is on the verge of getting just as much attention.Gold Is Potentially Outdoing BTC in a WayBitcoin and gold are often compared with one another. Bitcoin, playfully referred to as “digital gold” by crypto enthusiasts, is often cited as having aspects and traits that are similar with the precious metal in the sense that it can be used to hedge one’s wealth against inflation and other economic problems, but while...

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Bitcoin Cash Analysis: $230 Holds The Key But Can Bulls Clear $245?

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....

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Bankrupt Founder of Crypto Venture Vault Age Solutions Reportedly Hiding from Angry Investors

It looks like another crypto platform has gone bust, leaving all its investors in the dark. This time, the company that has vanished is one called Vault Age Solutions, and the founder – a man named Willie Breedt – is in hiding after learning that his investors are out looking for him.Vault Age Hasn’t Lived Up to ExpectationsIt’s scary when your company fails in one way or another. It’s even scarier to know that you have shareholders or investors that are watching your every move and that you...

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Opinion: Could America Ever Truly Accept a Crypto President?

Just yesterday, Live Bitcoin News reported that Brock Pierce – arguably one of the biggest figures in the crypto space – had announced a bid to run for president this year in the U.S.The Idea of A Crypto President Has Failed to Make HeadwayThe story raised many pressing questions, the first being, “Does Mr. Pierce realize just how little time he has left?” With just under four months to go before election day, the controversial crypto advocate would probably have to be Superman to put an...

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Report: Bitcoin Trading Has Fallen By Nearly 40%

According to some analysts, the bitcoin trading market has come to a bit of a halt during these past two months.Bitcoin Trading Has FallenLondon-based bitcoin and crypto analytics firm Crypto Compare has put out a report that reads:Spot volumes have gradually dwindled throughout the month of June, now representing roughly half of the daily volumes seen in the previous month. Crypto derivatives exchanges experienced a 35.7 percent drop in volume.Trading through the world’s largest crypto...

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