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Tag Archives: News

Alex de Vries: London and Bitcoin Will Soon Require the Same Amount of Energy

Bitcoin is doing extremely well as of late. The world’s number one cryptocurrency by market cap has once again surged into the $56,000 range and it looks like the asset is again about to hit its all-time high of $57,000. Bitcoin Mining May Be Doing Some Damage However, with this growth comes a few consequences, and one of those consequences is the carbon footprint that allegedly comes with the extraction of new BTC and crypto mining. As BTC’s price expands, we’re going...

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Bitcoin Cash Analysis: Bulls Prepare For Crucial Upside Break

Bitcoin cash price is struggling to clear the $560 resistance zone against the US Dollar. The price is now trading well above $520 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $535 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a strong surge if there is a break above $560 and $570. Bitcoin cash price is likely preparing for a fresh increase above $570 against the...

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A Continuation of Jack Dorsey and the NFT

Yesterday, Live Bitcoin News reported that Jack Dorsey – the CEO of both Twitter and Square – was looking to sell a bit of his social media company’s history by auctioning off the first tweet ever issued. The tweet simply read “just setting up my twttr” and was the first message ever sent by Dorsey or by any Twitter user. Dorsey Will Donate His Money to Charity Now, new details have emerged regarding what Dorsey is planning to do with the money he earns from the sale....

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Atari Delves Further Into Crypto World with New Digital Casino

Atari – a gaming company that was huge in the 80s and popular for titles such as “Pong” and the infamous “E.T.” game – has announced that it is heading deeper into crypto territory with the release of a new crypto-based casino. Gaming Company Atari Sets Up Crypto Casino The project is being produced with the help of a company called Decentral Games on the Ethereum blockchain. All games set to be offered will be based on old titles issued by Atari. Customers can also play...

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PayPal Heads Further Into Crypto Space with Acquisiton of Curv

PayPal has been working hard these past five months to really build its place in the cryptocurrency arena. It announced that traders would be able to garner digital assets through its site, and they would also be allowed to buy items and services with crypto. Now, it looks like PayPal is working even harder to really build itself up as a digital asset company given that it’s planning to acquire Curv, a startup based in Tel Aviv, Israel. PayPal Is Buying Israel Startup...

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EOS Price Analysis: Breakout Above $4.40 Seems Likely

EOS is slowly rising from the $3.500 support base against the US Dollar. The price is currently trading above the $3.800 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase above the $4.400 and $4.500 resistance levels. EOS price is consolidating above $3.800 against the US Dollar, while...

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Litecoin (LTC) Price Analysis: Bulls Aim Fresh Test of $240

Litecoin price is recovering and it is now well above the $185 level against the US Dollar. LTC price is now testing the $205 resistance and it is well above the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to clear the $210 resistance and start a strong increase in the near term. Litecoin price is consolidating above $185 and...

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Chinese App Company Meitu Engages in Big Crypto Buy

Chinese app creator Meitu has made a $40 million crypto investment in a filing to the Hong Kong Stock Exchange. Meitu Buys a Lot of BTC and ETH We are now in an era where bitcoin is being heavily examined by companies and institutional investors across the board. Last August, things got started in this direction with the help of MicroStrategy, a software firm that purchased more than $250 million-worth of the world’s number one cryptocurrency asset, and things didn’t...

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The U.S. Government Is Hosting a BTC Auction

The United States government is hosting an auction between March 15 and 17. Under normal circumstances, this wouldn’t be a huge deal, but for crypto fans, things are about to heat up considering that amongst the items set to be auctioned off is just under one full bitcoin, which plenty of high-end investors are likely to want in their portfolios. Another BTC Auction Is in the Playbook The government hosting auctions is nothing new, and to an extent, it’s not like the...

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Crypto Helps Jack Dorsey Sell “Twitter’s History”

Jack Dorsey – the CEO of both Square and Tesla – is setting up an auction in which people can purchase the very first tweet ever issued via the social media giant. What’s the catch? The tweet is being offered as a non-fungible token (NFT), which is a form of cryptocurrency. Jack Dorsey Is Selling a Piece of Twitter History with Crypto in the Mix Dorsey has long been a bitcoin and cryptocurrency advocate. In recent weeks, he has set up a new fund with Rapper Jay-Z and...

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