Facebook CEO Addresses Libra Despite concerns over public mistrust and general skepticism towards the project, Facebook’s new centralized cryptocurrency Libra is going full steam ahead. Facebook CEO Mark Zuckerberg made his dedication to Libra abundantly clear during a quarterly earnings conference call on July 24th. The social media guru assured...
After facing a strong bout of selling pressure earlier today, Bitcoin’s bulls were able to garner some strength that has sent the entire crypto markets climbing slightly higher today. Importantly, analysts are now noting that this slight climb may have been sparked by BTC touching a critical technical support level...
Despite the air of public skepticism surrounding Facebook’s launch of Libra, an effect has nonetheless been felt throughout the crypto industry. In fact, the success surrounding the launch has prompted Huawei CEO Ren Zhengfei to publicly speak on the benefit of cryptocurrencies on July 25th. During an interview with Italian...
Bitcoin and the aggregated crypto markets have been incurring massive volatility as of late, with bears incurring growing strength while bulls struggle to propel the cryptocurrency higher. One factor that could be contributing to the recent volatility and to the recent downwards pressure incurred by BTC could be news surrounding...
Facebook’s Libra Might Not Make it Live Wow. Facebook has acknowledged that its crypto asset, the now-infamous Libra, has a chance not to make it to market. In its latest quarterly report, the Silicon Valley darling made it clear that while it has expectations to launch the cryptocurrency in 2020,...
You may not know it, but Singapore has a budding cryptocurrency sector. In fact, the wealthy city-state has gone as far as to invest in Binance through its sovereign wealth fund, back blockchain incubator and media outlet Longhash, and propose a specific tax exemption for digital assets. Singapore, a Crypto...
Over the past couple of years, a few key cryptocurrency exchanges have risen to the top of the industry, dominating the vast majority of trading volume while providing users with an easy and secure way to purchase, store, and trade crypto. Now, one of the world’s largest cryptocurrency wallet providers...
Tom Lee, co-founder of Fundstrat Global Advisors, believes recent interest rate cuts by the US Federal Reserve are a net positive for Bitcoin’s development and propagation. In an interview with Fox Business on July 31st, Lee shared his thoughts on the new interests rates and his prediction of what’s to...
Controversial political figure and former advisor to U.S. President Donald Trump has split with his former boss when it comes to Bitcoin and crypto, explaining that the nascent technologies have a big future despite the multitude of government officials who have taken hardline stances against the technology. As for why...
The world’s largest cryptocurrency asset manager has entered into an agreement with Coinbase Custody for the cryptocurrency exchange to become the new custodian for Grayscale’s billions of dollars’ worth of crypto, a decision that was effective as of July 29th. The transfer that Grayscale will undergo in order to move...
Bitcoin Cash to be Base Pair in New Exchange The Roger Ver-backed Bitcoin.com is launching a digital asset exchange, and it’s taking an unorthodox approach. Announced via a Roger Ver-hosted video posted to the firm’s Youtube channel, the firm behind the popular domain will be launching a trading platform with...
Tezos On the Up and Up Tezos (XTZ) is an altcoin name often thrown about Crypto Twitter. Despite this, most of the cryptocurrency community know little of the project, especially in terms of how it is doing from a development standpoint. According to prominent Bitcoin- and Ethereum-centric industry investor and...
