The identity of Satoshi Nakamoto still has many bitcoin and crypto fans everywhere scratching their heads. Who is this man, and why has he never come out to garner the respect and praise he deserves for creating one of the world’s most revolutionary financial tools?Satoshi Nakamoto: The Mystery ContinuesTechnology expert and philosopher Ted Nelson has now emerged to say that he knows darn well who Nakamoto is, and it’s someone nobody’s ever thought of. He’s pointing the finger at Shinichi...
Read More »Bitcoin IRA Halving Report Suggests $280,000 Price for BTC
It’s funny how more than two weeks have passed since bitcoin’s famed third halving, and yet people are still talking about it as though it were fresh news. Bitcoin IRA – despite the big gap between now and the occurrence – has unveiled a new report that discusses the company’s alleged findings pertaining to the halving and what traders can expect in the coming future.Bitcoin IRA Reveals Some New DataA halving occurs for bitcoin every four years. The previous two occurred in 2012 and 2016,...
Read More »The U.S. and China Duke It Out; BTC Is in the Middle
Tension between the U.S. and China is spiking, and many are worried about what will happen with bitcoin.China Is Being Eyed by the U.S.On Thursday, President Trump explained to a room full of reporters that he and fellow regulators are looking into what their options are for dealing with China. The nation is widely blamed for the release of the coronavirus on the world, and Trump is potentially looking to initiate economic strikes against China in the form of further sanctions and tariffs.The...
Read More »Analysts Strike at Goldman Sachs Over BTC Bashing
Recently, it was reported that Goldman Sachs held a client call having to do with assets such as bitcoin and gold. The call – rather than praising both assets for their resilience and their ability to hedge wealth during times of economic strife – was used to hit these assets, particularly bitcoin, which members in the call said was “not an asset class.”Goldman Sachs Is Eating Its WordsThese words have come back to haunt Goldman, and they have seemingly angered many people in the crypto...
Read More »Omniex Gets Help from SIX Group to Boost Its Crypto Services
Swiss securities firm SIX Group is heading a series A investment round in Omniex. The venture says it’s looking to raise a minimum of $14 million.Omniex Gets a Helping Hand from SIX GroupOmniex is a company that seeks to provide cryptocurrency traders with asset pools. Thus far, the enterprise already offers many of its services through some of the largest digital currency trading platforms in the world including Binance, Coinbase Pro and BitMEX. These services are mostly available to...
Read More »Goldman Sachs Bashes BTC, Says It’s Not a Valid Asset
Recently, Live Bitcoin News reported that financial investment firm Goldman Sachs engaged in a client call to discuss assets like bitcoin and gold. This led some to believe that the company was suddenly a fan of bitcoin, and that it saw potential in the digital asset now that the American economy was showing signs of struggle.Goldman Sachs Doesn’t Care for BTC MuchSadly, this wasn’t quite the case. Goldman Sachs is now listing several reasons as to why bitcoin “is not an asset class,” and why...
Read More »New Samsung Wallet Now Supports Gemini Customers
South Korean smartphone provider Samsung is working with New York-based crypto exchange Gemini to provide support for all the trading platform’s users. Customers of Gemini will now be able to buy, sell and trade bitcoin and other digital currencies through the new Samsung wallet.Samsung and Gemini: The Perfect MatchIn addition, they will also be able to view their balances and transfer bitcoin and crypto stashes via their phones through Samsung’s new cold storage capabilities. Gemini chief...
Read More »Canadian Crypto Companies Now Provide Insurance on Digital Deposits
Two bitcoin-based companies in Canada, Bitbuy and Knox, are working together to offer clients full insurance on all their deposits.Knox and Bitbuy Join Hands Over InsuranceLagging insurance protocols have brought the cryptocurrency space down for years. This could arguably be why so many institutional players and others have been reluctant to get involved in digital currency trading. While these assets are prone to volatility, the space has also been very vulnerable to theft and cyberattacks....
Read More »Theta Cryptocurrency Has Surged Far More than BTC
Bitcoin has been on fire lately, but there are other smaller currencies that are virtually on fire, one being Theta.Theta Is Growing Like No Other CoinThe digital currency industry is full of small coins that very few people have heard of. One – called Theta – has jumped by more than 1,000 percent since reaching new lows in early March. The currency is leading a bullish wave that appears to be making its way through all corners of the cryptocurrency space.1,000 percent is quite huge,...
Read More »BTC Slides North as the Yuan Declines
China’s national currency, the yuan, is slipping in price, and it looks like the currency’s downfall could be good for bitcoin.As the Yuan Heads Down, BTC Moves UpThe currency fell by about 7.16 percent against the U.S. dollar on Tuesday. This is the yuan’s lowest numbers since last September, and the decline is only slated to get worse. In the past, every time the yuan has slipped into red territory, bitcoin has swiftly moved up, meaning that if this trend continues in any way, we could...
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