Some analysts are warning that the Lightning Network is becoming a frequent target for thieves and hackers.The Lightning Network Is Open to AttacksThe Lightning Network is a new platform designed to assist bitcoin and make it faster by processing several small transactions off-chain. As bitcoin is the biggest and most popular blockchain in the world, it is often bogged down by the amount of activity it witnesses. It has slowed down heavily over the years, resulting in too much traffic and...
Read More »Boris Schlossberg Is Pushing Gold Over BTC
For all everybody’s been talking about bitcoin as of late, it looks like gold is on the verge of getting just as much attention.Gold Is Potentially Outdoing BTC in a WayBitcoin and gold are often compared with one another. Bitcoin, playfully referred to as “digital gold” by crypto enthusiasts, is often cited as having aspects and traits that are similar with the precious metal in the sense that it can be used to hedge one’s wealth against inflation and other economic problems, but while...
Read More »Bitcoin Cash Analysis: $230 Holds The Key But Can Bulls Clear $245?
Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....
Read More »Bankrupt Founder of Crypto Venture Vault Age Solutions Reportedly Hiding from Angry Investors
It looks like another crypto platform has gone bust, leaving all its investors in the dark. This time, the company that has vanished is one called Vault Age Solutions, and the founder – a man named Willie Breedt – is in hiding after learning that his investors are out looking for him.Vault Age Hasn’t Lived Up to ExpectationsIt’s scary when your company fails in one way or another. It’s even scarier to know that you have shareholders or investors that are watching your every move and that you...
Read More »Opinion: Could America Ever Truly Accept a Crypto President?
Just yesterday, Live Bitcoin News reported that Brock Pierce – arguably one of the biggest figures in the crypto space – had announced a bid to run for president this year in the U.S.The Idea of A Crypto President Has Failed to Make HeadwayThe story raised many pressing questions, the first being, “Does Mr. Pierce realize just how little time he has left?” With just under four months to go before election day, the controversial crypto advocate would probably have to be Superman to put an...
Read More »Report: Bitcoin Trading Has Fallen By Nearly 40%
According to some analysts, the bitcoin trading market has come to a bit of a halt during these past two months.Bitcoin Trading Has FallenLondon-based bitcoin and crypto analytics firm Crypto Compare has put out a report that reads:Spot volumes have gradually dwindled throughout the month of June, now representing roughly half of the daily volumes seen in the previous month. Crypto derivatives exchanges experienced a 35.7 percent drop in volume.Trading through the world’s largest crypto...
Read More »EOS Price Analysis: Bulls Likely Aiming $3.0 or Higher
EOS price started a fresh increase from the $2.250 support area against the US Dollar.The price gained momentum above the $2.500 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower, but there are many supports near $2.600 and $2.500.EOS price is trading in a positive zone above $2.500 against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Fresh Rally To $50 Seems Likely
Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...
Read More »Bitcoin Is Easily Outdoing Gold This Year
Bitcoin is once again at the top of the financial ladder. New evidence suggests that the currency has surged by close to 30 percent since quarter one of 2020, and that it has also outperformed many leading assets such as gold, silver, and platinum.Bitcoin Is Still the Financial Leader of the YearWhile tools like gold are usually highly valued by investors everywhere, the asset has not experienced the same price swings as bitcoin over the early part of the year. In March, for example, the...
Read More »Leading Bitcoiner Brock Pierce Is Running for President
With less than four months to go before the U.S. presidential election, it looks like many are beginning to use the electoral platform to promote themselves… Either that or they see it as a big joke. Following rapper Kanye West’s Twitter announcement last week that he was entering the race for 2020, Brock Pierce – one of the leading figures in the crypto space – says he will join the presidential run for the White House as an independent candidate.Brock Pierce Is Eyeing the White HousePierce,...
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