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Tag Archives: News

Stellar Lumen (XLM) Price Could Rally If It Clears $0.4500

Stellar lumen price started a sharp decline from well above $0.5000 against the US Dollar. XLM price is now consolidating well below $0.4500 and the 55 simple moving average (4-hours). There is a major triangle forming with resistance near $0.4490 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase if there is a clear break above the $0.4500 resistance zone. Stellar lumen price is correcting losing from $0.3400 against the US Dollar,...

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Ripple Price Analysis: Chances of More Downsides Below $0.40

Ripple price failed to stay above $0.5000 and declined sharply against the US dollar. The price is now trading well below the $0.450 zone and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.4320 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to continue lower towards the $0.3500 support zone in the near term. Ripple price is started a fresh decline below $0.5000 and $0.4500...

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As the Dollar Begins to Rebound, Bitcoin Is Struggling to Remain Solid

At the time of writing, bitcoin – the world’s number one digital currency by market cap – isn’t doing so hot. The currency has fallen to about $46,000 per unit at press time, meaning it is now about $10,000 lower than where it stood during the early portion of last week. Things are not looking good for the asset, but how much of this is just part of a healthy correction? Bitcoin Has Taken an Ugly Dip As it turns out, things may be a little more extreme than normal. While...

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Bitcoin Is Suffering, but Many Institutions See This as an Opportunity

Bitcoin has taken a turn for the worse, but while the move may not look great on paper, it turns out things are going quite well for some of the institutional traders that have yet to step into the cryptocurrency arena. Many institutions are using the recent bitcoin price dip as an opportunity to buy at a lesser price and get their fingers on an asset that many companies have been going crazy over for the past six months. Bitcoin Has Taken an Ugly Stumble Things really...

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Coinbase Let’s You Trade Crypto… And Engages in It as Well

Coinbase is known for storing cryptocurrency and allowing its many customers to trade digital assets. However, what we didn’t know was that the company also did its own investing in crypto as well. We’re Learning a Lot About Coinbase As it turns out, the company has become of the first major cryptocurrency exchanges to file for a public listing. In doing so, a lot of information has come out about the firm that many traders were unaware of prior, a big one being that...

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More Details Emerge Regarding Coinbase and Its Public Offering

Last December, Live Bitcoin News reported that Coinbase – one of the largest and most popular cryptocurrency exchanges in the United States – had decided to go public. On Thursday, the documents tied to the filing were revealed and made available to interested readers. Coinbase Is Going Public, and Brian Armstrong Has a Lot to Say Among these documents was a heartfelt letter written and filed by the company’s CEO Brian Armstrong. In the letter, Armstrong describes the...

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Coinbase CEO: Satoshi Nakamoto Should Stay Hidden

Brian Armstrong – the CEO of Coinbase – is saying that if Satoshi Nakamoto were to ever reveal his full identity, there would be serious repercussions for both bitcoin and its many investors. Satoshi Nakamoto Should Always Stay Hidden Not long ago, the company had decided that it was going to go public through a direct filing. In documents related to the filing, the digital exchange claims that Satoshi Nakamoto is a “risk factor,” and that the real identification of the...

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Bitcoin Scam Leads to a Family’s False Relocation

A bitcoin scam involving a bunch of house renters has taken place in the city of Vallejo, California. In what is certainly a unique spin on scam-based bitcoin behavior, it appears someone pretended to be a landlord of a vacant home and said that a $2,000 down payment in BTC was all that was needed to give a family a new place to live, but things weren’t as simple as they seemed… How Bitcoin Scams Are Taking on New Form In the crypto space, traders and buyers often go by...

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MicroStrategy Adds More Than $1 Billion in BTC to Its Asset Stash

MicroStrategy has established itself as one of bitcoin’s biggest fans in recent months. MicroStrategy Buys a Lot More Bitcoin The company was one of the first institutional players to come out publicly and support the world’s primary digital currency by market cap through a purchase of more than $250 million worth of the asset last August. Things didn’t quite stop there, however, as the company felt this wasn’t enough and engaged in another buy of the cryptocurrency just...

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Square Just Added a Lot of Bitcoin to Its Stash

It’s not like we didn’t know that Square – the financial payment firm owned and operated by Jack Dorsey of Twitter fame – was a bitcoin fan. Dorsey himself has been advocating for bitcoin for the past several years, even going so far as to claim in 2018 that it would be the world’s only currency within ten years. In addition, Square was one of the first institutions to pledge support for the world’s number one digital currency back in October of last year when it...

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