Maxine Waters, the chair of the House of Representatives’ Financial Services Committee, says continuing to review Facebook’s crypto activities is on its fall agenda. Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra. […]
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New research from Augmento suggests a strong correlation between Tether sentiment and its market capitalization. New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog […]
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Facebook’s Libra remains hot on the agenda despite the fact that no new announcements have come; instead, the world continues to react to the stablecoin… Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in […]
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The payment processor is in hot water once again after its internal procedures contradict its own support staff. Controversial cryptocurrency payments processor BitPay is facing another PR nightmare after the company rejected a $100,000 donation to an Amazon rainforest charity. BitPay leads Amazon Watch to compliance dead end According to a social media complaint by […]
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A source close to the mining chip manufacturer involved in the deal confirmed an order for 600,000 7nm units. Bitcoin (BTC) mining giant Bitmain will increase its capacity by 50% in the next six months on the back of a giant hardware order, a source close to the deal has said. Bitmain eyes 50% capacity […]
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At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. A report from the Financial […]
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Ikigai researcher notes Bitcoin Days Destroyed metric mimicking behavior immediately before 2017’s record price run Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher […]
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A social media debate turned prickly after Lee rubbished Schiff’s prediction of a $5,000 gold price. Bitcoin (BTC)price will never make it to $50,000, gold bug and crypto skeptic Peter Schiff has claimed in the latest attack on the largest cryptocurrency. ‘This is hysterical’ In a social media debate on Aug. 20, Schiff, who is […]
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Bitcoin’s short-term outlook has turned decidedly bearish after a week of sideways action. Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures. Market visualization. Source: Coin360 Difficulty must touch floor before Bitcoin price moons Data from Coin360 showed BTC/USD crossing the $10,000 mark multiple […]
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Binance is seeking to navigate U.S. crypto regulations in partnership with little-known firm BAM Trading Services… Binance is expected to launch its upcoming exchange platform in the United States by the end of the year, with the company’s executive estimating that the platform will launch within “a month or two.” In the interview, Changpeng Zhao […]
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