The price of bitcoin has dropped below $10,000 in a sharp pullback. Analysts discuss where the market is headling and the factors of the drop. Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges including Coinbase, recording a 26.6 percent drop within a period of seven […]
Continue Reading
The U.S. congressional hearings on Libra may determine the future of the project. Here is what regulators think about Facebook’s crypto… This week is crucial for the future of Libra: Facebook’s cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on […]
Continue Reading
Trump tells the world what he thinks of Bitcoin, Facebook vows to cooperate with Congress on Libra, and an angry mob descends on Tron’s office in Beijing. Top Stories This Week Trump tweets opposition to crypto, specifically Libra and Bitcoin Shrinking violet Donald Trump doesn’t often share his views, so it was refreshing to see […]
Continue Reading
Ethereum co-founder Mihai Alisie has spoken up on his concern that Libra is, and will potentially remain, a centralized digital currency. Ethereum’s co-founder Mihai Alisie is extremely concerned that Facebook is attempting to hoodwink regulators into approving a centralized “cryptocurrency,” according to a report by Bloomberg on July 11. In an interview with Bloomberg, Alisie […]
Continue Reading
Since Zimbabwe’s central bank banned crypto services in 2018, Bitcoin has continued to rise amid new ban on foreign currencies. Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10. The country is reportedly seeing […]
Continue Reading
Experts and Lawmakers call for caution over potential risks of Facebook’s Libra cryptocurrency to the global financial industry. Facebook’s unveiling of its Libra cryptocurrency has generated a lot of attention in the financial world, as well as in the crypto space. So far, the company has announced that its Libra blockchain network will be launched […]
Continue Reading
Arthur Hayes claimed that even if Libra has limited success, PayPal in particular has no chance of succeeding. Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO of derivatives giant BitMEX thinks. Arthur Hayes made the comments in a new interview with Taiwanese news network […]
Continue Reading
The Internal Revenue Service hopes to require tech giants such as Google and Microsoft to silently share crypto-related activity by users: Report. The United States’ Internal Revenue Service (IRS) is allegedly considering requiring tech giants to report on crypto activity by users, according to a presentation reportedly from an IRS presentation and provided by a […]
Continue Reading
sponsored A peer-to-peer marketplace offering more than 300 ways to buy Bitcoin is being integrated into a crypto trading platform with more than 600,000 users. A peer-to-peer Bitcoin marketplace that offers more than 300 ways to buy Bitcoin has announced it is being integrated into BitMart, a global digital asset trading platform. Paxful enables its […]
Continue Reading
Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it to decentralize and integrate bitcoin. Social media platform Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it decentralize its infrastructure and integrate bitcoin (BTC) and Lightning […]
Continue Reading