Justin Sun who is the founder and CEO of Tron (TRX) has dismissed rumors and allegations that he is behind the investment group that acquired the premier cryptocurrency exchange group Poloniex. He indicated this in a tweet on October 19th and categorically stated that he is “not buying anything”.I'm not buying anything. Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT. ?— Justin Sun...
Read More »Facebook Open to Using Fiat-Pegged Stablecoins for Its Libra Cryptocurrency
Social media giant Facebook has been facing severe regulatory troubles for launching its Libra cryptocurrency. Last week, even big giants like Mastercard, Visa, PayPal, Stripe, who were earlier part of the Libra Association, announced their withdrawal from the project.Facebook is now working out other ways to keep its Libra project alive. As reported by Reuters, Facebook proposed using fiat-pegged digital stablecoins for its project. It means that instead of directly pegging the Libra token...
Read More »SEC’s Court Hearing on Telegram’s Gram Token Postponed to 2020
In what seems to be a continuing series of woes for Telegram and its TON blockchain, the United States District Court for the Southern District of New York has decided to postpone the hearing that will determine if the Grams token is a security or not to the 18th and 19th of February 2020.Though the company was doing its best to make its token publicly available, the United States Securities and Exchange Commission (SEC) made a couple of moves by dragging the messaging app to court on...
Read More »Bitfinex Requests Subpoena to Access Seized Funds Worth $880 Million
Bitfinex, the cryptocurrency exchange which has been enmeshed in a legal tussle for a while now, has filed an application with the US Court in the Central District of Southern California, through its parent company, iFinex Inc. Filed on the 18th of October 2019, Bitfinex wants the Court, through a subpoena, to help recover more than $850 million that has been unreachable by the exchange because of supposed problems being faced by the company’s payment processor Global Trade Solutions AG,...
Read More »Stellar Lumen (XLM) Price Could Revisit $0.060 Before Higher
Stellar lumen price is struggling to gain momentum above the $0.0650 resistance against the US Dollar.XLM price is currently consolidating below the $0.0640 and $0.0650 resistance levels.There is a significant breakout pattern forming with support near $0.0622 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.0650 or it might start a downside correction to $0.0600.Stellar lumen price is facing an uphill task against the US Dollar and bitcoin. XLM price might dip...
Read More »Ripple Price Analysis: XRP Primed For More Gains Above $0.3000
Ripple price gained bullish momentum and rallied above the $0.2750 resistance against the US dollar.The price is currently consolidating gains above the $0.2800 and $0.2750 levels.There is a crucial bullish trend line forming with support near $0.2800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to continue higher above the $0.3000 and $0.3040 resistance levels.Ripple price is showing positive signs above the $0.2750 pivot against the US Dollar. XRP...
Read More »#732 Poloniex wird Polo Digital Assets, Krypto im Fokus der Zentralbanken & Fiat 27 Jahre Lebensdauer
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 732. Heute geht’s um folgende Themen: Poloniex wird zu Polo Digital Assets – US-Kunden müssen draußen bleiben, Kryptowährungen im Fokus der Zentralbanken & Fiat 27 Jahre Lebensdauer. 1.) Poloniex wird zu Polo Digital Assets – US-Kunden müssen draußen bleibenhttps://bitcoin-kurier.de/poloniex-wird-zu-polo-digital-assets-us-kunden-muessen-draussen-bleiben/ 2.) Why Cryptocurrency is in The Spotlight For More...
Read More »U.S. Considers Developing Digital Currency to Compete with Libra
It seems like Facebook’s new currency, Libra, has regulators scared out of their wits… So much, in fact, that the United States government is now looking into potentially developing its own digital currency – issued by its central bank – as a means of competing.Libra Has Everyone TerrifiedLibra, as we all know, has gotten very mixed reactions from both regulators and the general public in the past, with very few Facebook users saying they would consider using Libra if it was available today....
Read More »XRP Is October’s Biggest Crypto Performer
Earlier, Live Bitcoin News reported that this month’s biggest performer was arguably Ripple’s XRP, and that the third-largest cryptocurrency was experiencing the most action as of late. While bitcoin, Ethereum, Litecoin and bitcoin cash were all traversing through the doldrums, it was XRP that was making the initial rounds of success through the crypto industry.Move Over BTC; XRP Is KingWhat’s ironic is the fact that so many cryptocurrencies spent the first half of the year experiencing solid...
Read More »Will the End of 2019 Mark a Big Change for Bitcoin?
So, what’s going to happen with bitcoin over the next week?Bitcoin: as Unpredictable as EverThe following seven days will mark the final full week of October. From there, we’ll be heading into November, which as we all remember, marked a rather rough time for crypto and all its fans late last year. The month marked the controversial bitcoin cash hard fork that ultimately gave birth to bitcoin SV, a currency endorsed by Australian bitcoin developer Craig Wright.Following the hard fork, bitcoin...
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