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Tag Archives: News

Romania Will Host Its First Bitcoin Auction

Another bitcoin auction is in the books. This time around, the auction will take place in the country of Romania, a first for the European nation.Romania Is Having Its First Bitcoin AuctionRomania’s National Agency for the Management of Seized Assets will be responsible for finding a buyer for the small amounts of bitcoin and ether it will be looking to sell off. The money was taken following a fraudulent money scheme. Roughly 0.97 of ether is available for purchase, while more than 1,670...

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Bitcoin Volatility Has Reached a New Low

The volatility of bitcoin has fallen to a new low, according to both charts and analysts alike. Overall, the currency’s volatility has dropped to its lowest point in 23 months and has fallen by approximately 43 percent over the past week.Bitcoin Volatility Reaches a New BottomThe data is there in that all one needs to really do is look at the present price of bitcoin and its recent patterns. For one thing, the currency has remained above $10,400 for the past several days. $10,400 was...

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Cardano (ADA) Price Analysis: Fresh Rally Likely if it Clears $0.10

ADA price is showing positive signs and trading above the $0.0950 support against the US Dollar.The price is facing hurdles near $0.1000, and testing the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.1000 on the 4-hours chart (data feed via Kraken).The price is likely to rally and accelerate higher if it clears the main $0.1000 resistance.Cardano price is recovering and approaching a major breakout against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Reaches Crucial Breakout Zone

Ethereum price started an upside correction from the $335 support against the US Dollar.ETH price is currently struggling to clear the $355 resistance and trading near the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $352 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $355 resistance or it might start a fresh decline below $350.Ethereum price is approaching a major breakout zone near $355 against the US...

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Yassine Elmandjra: Bitcoin Could Hit $1 Trillion This Decade

It has been a crazy year for bitcoin. The asset – which began 2020 at around $7,000 per coin – has fallen to as low as $3,800 in mid-March, but eventually rose as high as $12,000 per unit in August.Could Bitcoin Head for the Trillions?Earlier today, Live Bitcoin News reported that bitcoin could potentially experience a solid final three months of the year, and that the fourth quarter of 2020 would be particularly kind to the world’s number one cryptocurrency by market cap. In fact, one source...

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Willy Woo: Quarter Four Will Be Rather Kind to Bitcoin

According to the latest charts and insights from crypto experts and analysts, the fourth quarter of this year is going to be rather kind to bitcoin.Will These Final Months Be Good for Bitcoin?In the past, the fourth quarter is always a major determiner of how bitcoin’s price trends will be in future months. In 2016, we saw bitcoin reach the $1,000 range for the first time in approximately three years. Not since 2013 had bitcoin managed to hit such a goal. This set the stage up for the...

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New Report Sheds Light on Bitcoin Mining Energy Consumption

Since bitcoin first emerged on the scene, many have argued that the process of mining bitcoin and other cryptocurrencies has caused the environment a lot of trouble. Many claim that the mining process requires far too much electricity, and that the energy being wasted on such frivolous operations is contributing to climate change and other environmental hazards.Does Bitcoin Mining Use a Lot of Energy? Well, It’s Complicated…In the past, many studies have been produced on this. It is often...

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Stellar Lumen (XLM) Price Facing Uphill Task Near $0.075

Stellar lumen price seems to be forming a support base above $0.0700 against the US Dollar.XLM price is currently facing hurdles near $0.0750 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0750 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0750 and $0.0760 resistance levels.Stellar lumen price is showing recovery signs above $0.0700 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Early Signs of Key Upside Break Above $0.25

Ripple price is gaining pace above the $0.2400 and $0.2450 resistance levels against the US dollar.The price is now trading nicely above $0.2450 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.2415 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could gain bullish momentum if it manages to clear the $0.2550 resistance zone.Ripple price is trading with a bullish bias above $0.2420 against the...

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People Take Offense with Coinbase Following Its Recent Changes

Not long ago, Live Bitcoin News reported that the top U.S. cryptocurrency exchange Coinbase put out a notice saying that it was revamping its employment techniques and strategies.Are People Not Happy with Coinbase?In a blog post, CEO Brian Armstrong mentioned to readers that the company would not be openly supporting social activism or political causes, claiming that there was a time and a place for these sorts of things. Instead, the company was going to focus on putting out the best...

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