Hong Kong says that it is looking to regulate all crypto activity from here on out. This is a massive distancing of itself when compared with the activity occurring in mainland China, which has largely sought to ban crypto activity outright.Hong Kong Is Changing Its Attitude Towards CryptoHowever, Hong Kong is looking to be a separate entity given the amount of protests regarding Chinese government interference that has taken place over the last two years. Thus, it makes sense that whatever...
Read More »Square Earned a Lot of Bitcoin-Related Profit During Quarter Three
Square – a company owned and operated by Twitter mogul Jack Dorsey – says that approximately 80 percent of its quarter three Cash App revenue came from bitcoin and related crypto transactions.Square Is Making A Huge Mark on Crypto Enthusiasts EverywhereSquare has been making a serious mark in the crypto world as of late given that it recently bought as much as $50 million worth of the digital currency, continuing a trend that was originally started by the likes of enterprises like...
Read More »PayPal Says It Will Incorporate Venmo Into Its Crypto Systems
As we all know by now, PayPal has announced that it’s planning to allow users to buy digital currencies through it’s platform. In addition, people can pay for goods and services with digital currencies. However, it appears the platform is also really looking to expand its overall crypto presence.PayPal Says Venmo Is ComingThis has been established in the fact that it has acquired a conditional Bit License and that it’s looking to potentially purchase Bit Go and other crypto custodial firms,...
Read More »Cardano (ADA) Price Analysis: Holding Ground, Eyes Break Above $0.11
ADA price is holding the ground above the $0.1000 and $0.0980 support levels against the US Dollar.The price is now facing hurdles $0.1080, but it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1030 on the 4-hours chart (data feed via Kraken).The price is likely to start a strong upward move if it clears the $0.1080 and $0.1100 resistance levels.Cardano price is showing positive signs above $0.0980 against the US Dollar,...
Read More »Ethereum Price Analysis: ETH Signaling Bullish Continuation
Ethereum price traded towards the $470 level before correcting lower against the US Dollar.ETH price is currently trading well above $400 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $452 on the 4-hours chart (data feed from Coinbase).The pair could either restart its rally above the $455 level or it might revisit the $400 support zone.Ethereum price is trading in a positive zone above $420 against the US Dollar. ETH/USD could...
Read More »Bill Miller: BTC Is the Best-Performing Asset of the Last Ten Years
Bitcoin is in the middle of one of its largest bull rallies ever, and according to analysts like Bill Miller, not only is the rally not yet done, but as long as bitcoin continues to gain ground in the financial world, it should become a mainstream asset in no time.Bill Miller Is Impressed with BitcoinBill Miller is the founder of Miller Value Partners. He recently stated that bitcoin has been the top-performing asset over the last ten years and is astonished that the currency has risen more...
Read More »Smaller Assets Like Ethereum Are on the Rise
A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...
Read More »Analysts: The Recent Bitcoin Bull Behavior Is Far From Over
Bitcoin has been hitting all sorts of crazy and high numbers as of late, but according to many analysts, the bull run may just be getting started.Bitcoin Is Experiencing a Solid, Fun TimeThe world’s number one cryptocurrency by market cap is currently trading for around $15,200. That’s about $300 less than where it stood just yesterday. For the most part, however, the currency has come relatively close – closer than it has in approximately two years – to where it was at the end of 2017....
Read More »Bitcoin IRA Establishes New Division to Teach Users About Crypto
The opportunity to learn about crypto is just as solid as the opportunity to trade and delve in it. At least this appears to be the thoughts of Bitcoin IRA, which is launching a new cryptocurrency knowledge center for those looking to get their start in the world of digital asset trading.Bitcoin IRA Is Doing All It Can to Educate PeopleBitcoin IRA is one of the only retirement firms out there that allows users to purchase digital currencies and add them to their retirement portfolios. Instead...
Read More »More Details Emerge Regarding Silk Road Money Movement
Not too long ago, Live Bitcoin News reported that quite a bit of digital money associated with a Silk Road crypto account was moved around. More information has come in about the situation and we now have details that the money was seized by members of the U.S. government. Specifically, the Department of Justice.More Details Regarding Silk Road Money MovingThe money was in the control of a hacker that the department is simply referring to as “Individual X.” While the agency is refusing to...
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