Tag Archives: News

The U.S. dollar has long been a dominant form of finance, but according to some analysts, the dollar’s strength and place in the monetary space is beginning to fade.How the U.S. Dollar Is Losing Its GripTo be fair, the U.S. dollar still holds plenty of precedence. The currency is utilized to pay for goods and services in both the U.S. and several allied nations. In addition, the U.S. dollar is what is giving many people their stimulus funds to help them survive the present coronavirus crisis,...

Recently, Live Bitcoin News reported that MicroStrategy Inc. spent more than $250 million on bitcoin. The company’s CEO Michael Saylor obviously believes in crypto and thinks bitcoin is the money of the future. This gamble has already paid off somewhat given that the company has now added roughly $100 million to its overall value thanks to the growing price of the digital asset.MicroStrategy Is Witnessing Solid Results from Its BTC BetWhen MicroStrategy first bought the bitcoin in question,...

A report issued by San Francisco-based cryptocurrency exchange Kraken says that bitcoin’s volatility is at an all-time low, and that the currency could potentially shoot up another 200 percent in the coming months.Kraken Says Bitcoin’s Volatility Is Super LowAt the time of writing, the world’s number one cryptocurrency by market cap has surged into the $11,800 range after spending the last few days trading for approximately $11,500. This marks a $300 surge in just 24 hours. The currency was...

New York is a growing hotspot for bitcoin and cryptocurrency mining companies like Greenidge Generation.New York – Where Bitcoin Miners Never SleepOften, New York is known for being a rather expensive place. The real estate alone attracts only the rich and famous, while a bowl of soup in an upscale Manhattan restaurant is likely to cost $100 or more. New York may be pricier than other places, but its upstate region appears to offer some relatively cheap energy, which makes it a prime location...

The U.S. has seized roughly $2 million in bitcoin units said to be used for funding terrorist groups such as Al Qaeda, ISIS and others.Terrorist Groups Are Stopped Ahead of TimeOne of the big worries centered on bitcoin is its use in criminal circles. News has emerged that bitcoin is still widely popular on dark web markets, and the currency is frequently the subject of hackers and cyber thieves. Among the most recent – and most prominent – cases as of late are a Twitter BTC hack that saw...

Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...

Bitcoin cash price is holding ground above the main $270 breakdown support against the US Dollar.The price is currently testing the $292 resistance zone and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase if it clears $300 and $310 in the near term.Bitcoin cash price is slowly rising towards the $300 barrier...

Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...

Recently, bitcoin took a nasty dive of approximately $600 despite being on the verge of crossing the $12K threshold.Bitcoin Dives, and Gold Does the SameAs late as Monday, the world’s number one digital currency by market cap was trading for over $11,900, meaning it was just a few dollars away from breaking present resistance and moving even further up the financial ladder. Sadly, this wasn’t meant to be as the asset ultimately drove itself back to the $11,300 mark just 24 hours later.Bitcoin...

Faith and trust in bitcoin and its growing price appear to be surging according to the results of a new poll conducted by Twitter crypto analyst Plan B.The Bitcoin Survey Suggests Big ThingsThe survey suggests that approximately 51 percent of people believe bitcoin will jump into the $100,000 range by the end of next year. What’s interesting is that this figure has clearly surged since the previous time this survey was conducted. Plan B initially conducted this research in mid-July and asked...