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Zuckerberg: Libra Won’t Continue Without Approval

Well, here’s something we thought we’d never hear from Mark Zuckerberg. He’s willing to comply to the fullest extent, it seems.Is Zuckerberg Ready to Throw in the Towel?Yesterday, the Facebook CEO had the heat laid on his shoulders by members of the U.S. Congress. It appears that many are simply not happy with how Libra has handled itself, and don’t trust Zuckerberg or his team to adhere to the “appropriate” financial goals. This includes blocking attempts at money laundering and other...

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Venezuela’s Bitcoin Birth Proves Crypto Beats Gold in Hyperinflated Economy

A Venezuelan man has used the bulk of his bitcoin savings to pay the medical costs of his son’s birth. Many consider adequate healthcare a universal human right but only few in the inflation-ridden country can actually afford it. José Rafael Peña, a materials engineer from Caracas, outlined the payment process which took a day to clear and gave his son the best possible start at a new life. It also bolstered the case of bitcoin as a superior medium of exchange than gold: “But...

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Binance Launches Support for Nigerian Naira in Partnership with Flutterwave

Photo: Binance / TwitterBinance, easily the world’s largest cryptocurrency exchange platform, has announced today that it has opened deposits for users in Nigeria, to easily trade cryptocurrencies, using the Nigerian Naira (NGN). Binance has stated that deposits are immediately open for users to directly use the NGN to buy and sell select digital assets. This new feature was made possible through a partnership with the Nigerian payment technology company, Flutterwave.According to an...

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Bitcoin Price Lost $500 within Minutes to Settle Below $7,500

Photo: Tim Reckmann / FlickrBitcoin had experienced low volatility consolidation in recent weeks. However, the consolidation phase was ended abruptly with a violent drop of almost 10% on October 23 to fall near a 5-month low. At 12:50 UTC, the flagship cryptocurrency plunged by around $500 in 15 minutes to hit a low of $7,500.Bitcoin price reached the lowest level since June 10 as recorded by Bitstamp. After showing mild signs of an upward trend above $8,000, the leading digital token...

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EOS Price Analysis: Signs of Bearish Continuation

EOS price is down more than 8% today and it broke the key $2.700 support area against the US Dollar.The price traded close to the $2.500 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its decline as long as it is trading below the $2.800 pivot area.EOS price is back in a bearish zone against the US Dollar and bitcoin. The price...

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Litecoin (LTC) Price Analysis: Key Support Turned Resistance

Litecoin price is down more than 5% today and it broke the key $51.20 support against the US Dollar.LTC price is correcting currently higher and it could face resistance near $50.00 and $51.20.There is a crucial bearish trend line forming with resistance near $53.75 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to recover above $50.00 and $51.20.Litecoin price is back in a downtrend below $52.00 against the US...

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#735 Bitcoin Bärenmarkt voraus, Coinbase 2 Milliarden verdient & Zuckerberg Kongress Libra

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 735. Heute geht’s um folgende Themen: Bullenmarkt vorbei – Bitcoin Crash auf $7400, Coinbase hat seit 2012 über 2 Milliarden verdient & Zuckerberg steht dem Kongress bzgl. Libra Rede und Antwort. 1.) Bitcoin-Kurs fällt massiv – Das steckt hinter dem Crashhttps://www.btc-echo.de/bitcoin-kurs-faellt-massiv-das-steckt-hinter-dem-crash/ 2.) Coinbase Generated Nearly $2 Billion in Transaction Fees Since...

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Blockstream CEO: Bitcoin Sidechains werden die Altcoins verdrängen

Blocksteam CEO Adam Black an der Korea Blockchain Week 2019 Foto: Zur Verfügung gestellt von D.Fine Weiterhin ist Bitcoin die mit Abstand beliebteste Kryptowährung. Laut einem führenden Krptoexperten könnten die Sidechains von Bitcoin jetzt auch andere Altcoins überflüssig machen. Adam Black, der bereits 1997 mit seiner Erfindung HashCash den Grundstein für die heutigen...

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Mark Zuckerberg: Libra Can Make the U.S. a Financial Leader Again

The testimony of Mark Zuckerberg revealed some interesting takeaways. First, Zuckerberg seems to think that crypto is the future, and that the longer the U.S. waits to develop its own coin, the further it will fall behind. Second, many members of Congress still don’t trust crypto enough to push for mainstream status.Zuckerberg: The U.S. Stands to LoseIn his speech to Congress, Zuckerberg commented that countries like China are well underway in creating national digital currencies. He says...

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Bitcoin Loses $800; Crashes to the $7,400 Mark

Well, it sure seems like we’re in for another faulty end-of-year mark for bitcoin. At press time, the currency has fallen by roughly $800 over the past 24 hours and the asset is now trading at $7,400.Bitcoin Falls; Zuckerberg to Blame?The sentiment is that this all has to do with Mark Zuckerberg’s testimony today. Zuckerberg – the famed CEO of Facebook – is set to speak before a congressional committee today regarding Libra, the cryptocurrency being released by the social media giant in 2020....

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