Stablecoin operator Tether Ltd. and its crypto exchange ally Bitfinex are expecting another lawsuit for charges of market manipulation. Citing an “unpublished and non-peer reviewed paper” the two companies unanimously stated that they are expecting a “meritless and mercenary lawsuit” based on the charges of their Tether token issuance for crypto market manipulation.Both the companies are calling these accusations as “baseless” aimed at hindering the “growth and success of the entire digital...
Read More »Ripple Price Analysis: XRP Rebound Could Extend To $0.30
Ripple price is currently recovering and is trading above the $0.2500 resistance against the US dollar.The price is likely to break the $0.2700 and $0.2850 resistance levels in the near term.There is a key bullish trend line forming with support near $0.2515 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well supported on dips near the $0.2600 and $0.2550 levels.Ripple price is showing positive signs above $0.2600 against the US Dollar. XRP price is...
Read More »#722 Russland Ermittlung gegen Bitcoin Miner, BTC Erpressung & World Digital Mining Summit Frankfurt
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 722. Heute geht’s um folgende Themen: Russische Behörden ermitteln gegen Bitcoin Miner, Spanische Gemeinde wird um Bitcoin erpresst & World Digital Mining Summit 2019 Frankfurt. 1.) Russische Behörden ermitteln gegen Bitcoin Minerhttps://www.btc-echo.de/dtpk-und-zollgebuehren-russische-behoerden-ermitteln-gegen-bitcoin-miner/ 2.) Gemeiner Hack: Spanische Gemeinde wird um Bitcoin...
Read More »How Katie Haun Went from Prosecutor to BTC Manager
Have you ever made a friend of an enemy? Was there ever anyone or anything that you just couldn’t stand, yet you wound up becoming inseparable down the line? People like Katie Haun can relate to this story.Katie Haun: Why She Now Loves BTCHaun is a former federal prosecutor that had been required to examine mafia cases and other major crimes that were plaguing the rural U.S. At one point, an employer adamantly requested that she study bitcoin and see if there was a plausible way of “shutting...
Read More »PayPal Exits the Libra Association; Are Partnerships Failing?
Facebook’s Libra has no doubt incurred a mixed reception among crypto fans and regulators alike, but the fact that it could now be left in the dark by one of its biggest supporters – PayPal – doesn’t look good at all.Libra and PayPal Part WaysPayPal and Facebook are hugely connected through Libra in that former PayPal exec David Marcus is the leader of development with Facebook’s blockchain division. He’s the guy in charge of Libra, and he’s often the man who serves as the face of the...
Read More »Report Suggests Bitcoin Is Still the Year’s Strongest Asset
Despite the recent turn of events, despite bitcoin once again falling into the $8,000 range, the currency is still 2019’s best performing asset according to a new report.Bitcoin Is Still at the Top of Its GameThe currency shocked enthusiasts this April when it spiked to the $5,000 range. Many traders and investors thought that day would never come. After all, 2018 had been filled to the brim with humiliating losses that ultimately caused the coin to lose more than 70 percent of its overall...
Read More »Apple’s Tim Cook: Companies Should Not Make Currencies
Apple CEO Tim Cook doesn’t appear to be a fan of Libra… or Facebook, for that matter.Tim Cook: Only Countries Should Be in Control of CurrenciesWhile he didn’t single the two enterprises out specifically, he did speak out against companies that were looking to “create their own currencies.” At press time, all one can really think about is Facebook’s venture into the crypto space through its new coin Libra, which has enjoyed a mixed reception since the beginning of the year when it was first...
Read More »Multiple Traders Predict an Incoming Altseason in Crypto
Most cryptocurrencies other than bitcoin have been languishing in crypto winter for over two years. This is particularly true for alternative coins, or altcoins, in their bitcoin (BTC) pairs. Most have lost over 90 percent of their value from their peak. However, the winds appear to be changing. Many altcoins have lost so much value that they look ready to start a new market cycle. This prompted a handful of reputable traders on Crypto Twitter (CT) to start feeling bullish about the...
Read More »IKEA Iceland Is Opening the Door to Smart Invoices
As we’re learning, there are multiple uses for blockchain technology (i.e. supply chain data), and IKEA Iceland is proof of that.IKEA and Ethereum: A Solid Match?The furniture conglomerate’s Icelandic offices recently settled an invoice on the Ethereum blockchain, and payment was issued in virtual currency. Ethereum is often sought after for its smart contract capabilities, making it one of the top blockchain to build new coins and decentralized apps on.Unfortunately, according to co-founder...
Read More »John McAfee Hits at Justin Sun for Overhyped Lunch
Eccentric millionaire John McAfee is in the news again. This time, the 2020 presidential candidate found himself mocking Justin Sun on Twitter, saying that he had a bad habit of hyping up events that ultimately never occur.McAfee Points the Finger at SunMcAfee is referring to the $4.5 million lunch Sun allegedly had planned with Berkshire Hathaway CEO Warren Buffett. Over the summer, the lunch was marketed in a way one might advertise a bitcoin hard fork. The situation was being looked at by...
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