Sources offer increasingly different outlook for Bitcoin price by 2020, with technical analysts more bearish. Bitcoin (BTC) price fell below $10,000 again on July 26 amid mixed conclusions about where markets are likely to go this year. Market visualization. Source: Coin360 Bitcoin price headed to $7,000 or $20,000? Data from Coin360 showed renewed selling pressure […]
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Speaking to Italian journalists, Ren Zhengfei said Beijing should not wait for others to issue Libra-style tokens. The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency. Huawei CEO: ‘Why wait for others to issue it?’ As national news outlet Sina reported […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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U.S. Treasury Secretary Mnuchin said that he does not think Bitcoin will be a high enough priority for him to discuss in the next five to six years. United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin today, saying that he probably will not be talking about the number one cryptocurrency in […]
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The CEO of top cryptocurrency exchange Binance has said President Trump’s crypto-related tweets can only be a good thing for the industry. The CEO of top cryptocurrency exchange Binance has said President Trump’s crypto-related tweets can only be a good thing for the industry. ‘The president of the United States is talking about cryptocurrency’ Changpeng […]
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Robinhood, a company with crypto trading options, has raised $323 million in its latest funding round, putting it at a $7.6 billion valuation. Cryptocurrency-inclusive trading platform Robinhood has raised $323 million in a recent funding round. Robinhood shared the figure in an official announcement on July 22. As per the report, the investment firm DST […]
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Bitcoin will be the part of crypto innovation that really changes changes the world, the billionaire investor tells mainstream media. Bitcoin (BTC) will be the ultimate benefactor from interest in Facebook Libra and cryptocurrencies, billionaire Tim Draper has said. Bridges to a ‘Bitcoin environment’ Speaking to CNBC in an interview on July 19, Draper, who […]
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Cryptocurrency markets see modest gains and losses, with Bitcoin struggling to stay above the $10,000 price mark. Friday, July 19 — Cryptocurrency markets are reporting mixed signals, with most of the top-20 coins by market capitalization are down over the last 24 hours. Market visualization. Source: Coin360 Bitcoin (BTC) has stayed above the $10,000 threshold […]
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To reduce fees in cross-border transactions, the world does not need Libra, but technology, BlackRock CEO argued. CEO of the world’s largest exchange-traded fund provider BlackRock claimed that he does not consider Facebook’s Libra a cryptocurrency. The need to democratize foreign currency exchange In an interview with CNBC’s Squawk Box on July 19, BlackRock’s Larry Fink […]
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Treasury Secretary Steven Mnuchin rejected the idea that cash is laundered all the time, implying that Bitcoin is. Treasury Secretary Steven Mnuchin said that the authority will be preventing Bitcoin (BTC) from becoming an “equivalent of Swiss-numbered bank accounts.” U.S. secretary of the treasury to closely monitor Bitcoin regardless of price In a press briefing […]
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