Tag Archives: News

Stellar lumen price is trading in a positive zone above the $0.0700 pivot level against the US Dollar.XLM price is likely to accelerate higher if it clears the $0.0750 and $0.0760 resistance levels.There is a major bullish trend line forming with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could rise steadily as long as it is above the $0.0680 pivot zone.Stellar lumen price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. XLM...

Ripple price started a decent increase and moved above the $0.2000 resistance against the US dollar.The price is now trading above the $0.2025 level and it is facing hurdles near $0.2065 and $0.2130.There is a major bullish trend line forming with support near $0.2015 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2100 resistance zone in the near term.Ripple price is trading in a positive zone above $0.2000...

The process of crypto lending has gotten to be quite big. In fact, since the process was first introduced, as much as $8 billion in crypto funds have been borrowed by customers.Crypto Lending Has Gotten Big Over the YearsCrypto lending can be very tricky in that the currencies backing the loans are often vulnerable to volatility and price swings. That’s why companies like Celsius Network – which specialize in building crypto loans for users – never do anything unless the loan is based on a...

A man in New York City has been charged with laundering money through bitcoin. 28-year-old Vitalii Antonenko was arrested in March last year while arriving from the Ukraine to New York’s JFK airport after federal agents linked two bitcoin wallets to him that had been used to launder as much as $94 million in digital funds.Antonenko Will Face Criminal ChargesCrypto crime is no laughing matter. There are many cases seeping their way into the digital finance industry, and the methods used for...

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...

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,...

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...

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...

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...

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...