Bitwise: Facebook’s Libra Moved Bitcoin and Crypto Three Years Ahead

United States-based cryptocurrency index fund provider Bitwise declared that Facebook’s Libra stablecoin accelerated Bitcoin’s progress by three years. United States-based cryptocurrency index fund provider Bitwise declared that Facebook’s Libra stablecoin accelerated Bitcoin’s (BTC) progress by three years in a letter to investors published on its website on August 1. Libra attracted attention to Bitcoin In […]

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Behind Ripple’s Regulation Call: ‘Do Not Paint Us With a Broad Brush’

Ripple has a long history of pro-regulation declarations and actions, but this time, its fervor appears to be profoundly reactive… Ripple, whose business is built on providing financial institutions with an infrastructure to facilitate international payments and currency trades, has always been a more likely ally to governments and regulators than most other major blockchain […]

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Over 83% of Bitcoin Discussions Are ‘Positive’ on Reddit: New Study

A new study from Comparitech into online discussion of cryptocurrencies reveals that most interactions are quite positive. Technology researchers Comparitech have used machine learning to analyze over 48k Reddit posts to determine which cryptocurrencies are viewed the most favourably. The study also included 7,500 articles from national and international news outlets. Articles were scored based […]

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Walmart is Trying to Patent Its Own ‘Libra’ Like Digital Currency

A new patent filing suggests that American retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency.  Walmart filed patent for “Digital Currency […]

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US Senate Crypto Hearing Key Takeaways: Blockchain Is ‘Inevitable’

A recap of U.S. Senate’s crypto hearing: discussions about financial inclusivity, potential benefits of crypto and more criticism of Facebook’s Libra… On July 30, the United States Committee on Banking, Housing and Urban Affairs hosted a hearing on cryptocurrencies in a regulatory context. Lawmakers are showing renewed interest in digital currencies against the backdrop of […]

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