Tag Archives: News

Over the past few days, Live Bitcoin News has discussed the fact that India may be entering its second crypto lockdown. This time, however, regulators are looking to do more than just ban regular banks and financial firms from doing business with crypto enterprises. They’re looking to ensure nobody – and we mean nobody – can ever trade, buy or sell digital currency units again.India Is Turning to DeFi for Its Crypto NeedsThey’re talking about an entire bitcoin ban. At the time of writing,...

So, where should bitcoin be at the present time, exactly? This appears to be a heavy argument that analysts are having. They are split right down the middle when it comes to deciding if bitcoin should be bullish or bearish.Bitcoin Is Bearish, but Perhaps It Should Be Higher?The currency has not had a good month in September. While most of August saw the asset climbing up towards the $12,000 mark – the currency ultimately hit $12,400 by the time the month ceased – bitcoin has spent the last...

Stakeholders in the company Buy U Coin have come together for a single purpose – to introduce solid legislation that would regulate the bitcoin industry of India.Will India Have a Change of Heart?As it turns out, India is once again considering a bitcoin ban. While the asset has never been officially banned in the past, the country has come close once or twice to initiating such a plan, and the nation was quick to ensure all its financial institutions were not permitted to do business with...

The bitcoin space is being infiltrated by institutional players everywhere, the biggest one as of late being MicroStrategy, which has invested in more than $400 million in BTC over the past month.MicroStrategy Is Pushing the BTC EnvelopeMicroStrategy claimed that it was purchasing the BTC as a means of protecting itself against a weakening US dollar. Many now view bitcoin as something that can keep their wealth safe during times of economic strife. What’s interesting, however, is that several...

Bitcoin cash price is currently recovering from the $200 support zone against the US Dollar.The price is facing a few important hurdles near $220 and the 55 simple moving average (4-hours).There is a connecting bearish trend line forming with resistance near $218 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $220 resistance or reverse back towards the $200 handle.Bitcoin cash price is holding the key $200 support zone against the US...

Mirror Trading International (MTI) – a cryptocurrency investment company – has been accused by Anonymous ZA, a South African research group, of being a fraudulent firm and potentially looking to scam people out of their digital funds.MTI: We Will Be Pursuing Legal ActionMTI is now fighting back and claiming that the company’s alleged findings – which have all been compiled into a recent report – are not only false, but are designed specifically to slander the company and are not backed up by...

Michael Saylor – the CEO of MicroStrategy, which recently purchased more than $400 million in bitcoin – has stated that holding BTC is far less risky than holding cash or even gold.Michael Saylor Is Clearly a Fan of BTCThis is an interesting statement to make as over the last several years, bitcoin and crypto – despite being designed as tools for purchasing goods and services – have been considered far less stable than traditional assets such as stocks and gold, and nowhere near as strong as...

Bitcoin is presently trading for about $10,500, which is roughly $100 more than where it’s stood over the past few days, but it’s not quite where we’d like it to be. The fact is that bitcoin hit $11,000 again about 72 hours ago and has failed to keep up that momentum.Bitcoin Is Struggling as of LateThere are many things that appear to be affecting bitcoin, one being the correlation between it and the stock market. As stocks are taking massive tumbles, bitcoin is also suffering, and so long as...

EOS started a fresh decline after a close below the $3.000 support against the US Dollar.The price is trading well below the $2.600 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.550 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but upsides are likely to face hurdles near $2.550 and $2.600.EOS price is back in a bearish zone below $2.500 against the US Dollar, similar to...

Litecoin price extended its decline below the $46.00 support zone against the US Dollar.LTC price traded as low as $41.69 and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $46.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest near the $46.00 and $46.50 levels in the near term.Litecoin price is currently trading in a bearish zone below the $46.00...