Tag Archives: Opinion

It’s been a relatively odd week for bitcoin, the world’s number one digital currency by market cap. At the time of writing, the asset is currently trading for just over $11,500, which is a few hundred more than where it stood just 48 or 72 hours ago.Will Bitcoin Go Up or Down?The currency has been in an up-and-down pattern over the last few days. While this isn’t necessarily a bad thing, it also shows that bitcoin’s resilience is not exactly where we thought it was prior. Before, the currency...

One source appears to be suggesting that cryptocurrencies, by themselves, don’t have a chance of survival, and that if they’re going to last any longer, they will need banks to do it.Banks and Crypto: A Single Entity?Already, we’ve witnessed some huge jumps forward in the “cold war” between banks and cryptocurrency. Much like the United States and Russia did between the 1940s and the 1980s, both entities are trying to outdo the other, and show the world why they are essential and why they are...

Today, bitcoin is trading for roughly $11,700. This is slightly above where it was just 24 hours ago, but the big question that’s likely on the mind of virtually every crypto trader out there is, “When is $12K going to show up again?”Is Bitcoin Planning to Move Up Anytime Soon?Not too long ago, the world’s number one cryptocurrency by market cap rose all the way to $12,400 in what was easily the biggest spike the asset had seen in well over a year. However, the surge didn’t last long, which...

Bitcoin has reached something of a pinnacle in its short, yet significant existence. Recently, the currency was put to the test through a Twitter hack that saw the overtaking of some of the highest-ranking social media accounts to lure unsuspecting victims into a digital trap, and yet despite everything that’s happened, the currency is remaining strong and resilient.Bitcoin Has Grown in Strength Despite Twitter FiascoThe Twitter hack saw the likes of former president Barack Obama, Joe Biden,...

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...

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...

Bitcoin’s spot price briefly surpassed $10,000 early this week. Its one-year average price just crossed $9,500, a new all-time high. The largest cryptocurrency is up 37% year-to-date. As bitcoin’s price grinds toward $10,000, its performance over a much longer timescale reached a significant milestone this month. BTC’s One-Year Average Price While most traders focus on bitcoin’s spot price, zooming out on a more extended timeframe reveals a bullish trend for the cryptocurrency. As Twitter...

Raise your hand if this is the most twisted thing you’ve heard in a while. A new cryptocurrency known as the Coronacoin has been developed that goes up in price granted more people fall victim to the deadly coronavirus that has spread to several different countries in just the last few months alone.Coronacoin: Profiting Off of Death?The fear and danger surrounding the coronavirus has grown to epic proportions. At the time of writing, nearly 3,000 people have died from the disease while more...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $8,700.Bitcoin – On a Path to Recovery?Yesterday, the asset was trading at a measly $8,300, the lowest it has been in some time. Thus, the currency has shot up by more than $300 in just 24 hours. Not only is this good news, but it also suggests some truth to a recent piece suggesting that bitcoin, despite all the global problems it was facing, would not fall below the $8,200 line...

Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe that a new all-time high this year is definitely possible. Bitcoin is in the midst of a disbelief rally. The largest cryptocurrency has breached psychological resistance at $10,000 and is up over 41% year-to-date. Above $10,000, there’s very little stopping BTC from printing new all-time highs. Bitcoin has two major...