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Over Twenty Central Banks to Discuss Facebook’s Libra With the Libra Association

As per the Financial Times report, members of the Libra Association will have a discussion today with 26 officials from global central banks as well as the Bank of England and the U.S. Federal Reserve. The discussions are likely to happen on the lines of Facebook‘s work on handling global regulations while maintaining absolute transparency and monetary security of Libra users.A European Central Bank’s (ECB) Executive Board member, Benoît Coeuré said that today’s meeting will be held in Basel,...

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Monero, Dash and More Privacy Coins Delisted By OKEx Korea As ‘Violating FATF Travel Rule’

OKEx Korea exchange has decided to delist five privacy coins: Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC). According to the exchange, they violate the Financial Action Task Force (FATF’s) ‘travel rule’.The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 with the aim to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and...

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Stellar Lumen (XLM) Price Could Start Decent Recovery Above $0.0600

Stellar lumen price declined steadily after it broke the $0.0625 support against the US Dollar.XLM price tested the $0.0575 zone and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0590 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it breaks the $0.0590 and $0.0600 resistance levels.Stellar lumen price is in a bearish zone below $0.0600 against the US Dollar. XLM price might correct higher in the...

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Vitalik Buterin Stays Confident about Ethereum 2.0 and Optimistic about Facebook’s Libra

Photo: Ethereal / TwitterOn Sunday, the Ethereal Summit took place in Tel Aviv. The Summit is a global series of conferences focused on connecting leading companies and influencers shaping the future of blockchain. At the event, Ethereum founders Joseph Lubin and Vitalik Buterin were among the speakers. They commented on the development of the upcoming Ethereum 2.0 update and discussed possible collaboration with Facebook within their nascent cryptocurrency – Libra.Prospects of Ethereum...

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Ripple Price Analysis: XRP Could Surge If It Breaks $0.2650

Ripple price is facing a strong resistance near the $0.2650 level against the US dollar.The price is currently consolidating and is trading above the $0.2580 support area.There was a break above a crucial bearish trend line with resistance near $0.2585 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could sharply climb higher if there is a daily close above the key $0.2650 resistance area.Ripple price is trading in a broad range below $0.2650 against the US...

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#707 China Kampf gegen Bitcoin Mining, Finanzsystem Bitcoin Übernahme & Krypto Handel Schwindel

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 707. Heute geht’s um folgende Themen: Chinesische Behörden gehen  gegen Mining-Unternehmen vor, Das globale Finanzsystem könnte Bitcoin übernehmen & Bitcoin Handel nur Schwindel? 1.) Chinesische Behörden gehen in Innerer Mongolei gegen Mining-Unternehmen vorhttps://de.cointelegraph.com/news/chinese-authorities-plan-crackdown-on-crypto-mining-in-inner-mongolia 2.) Das globale Finanzsystem könnte Bitcoin...

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Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services

Venezuelan President Nicolas Maduro is pushing for Petro adoption, but locals are buying bitcoin in record amounts. | Image: Shutterstock The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. According to Decrypt, Bank of...

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Ripple Co-Founder Keeps Getting More and More XRP

Hey, Ripple: if you want to continue to anger your fans and customers, just keep doing what you’re doing! The company has now moved more than $26 million USD in XRP units to a wallet held by one of the company’s founders, Jed McCaleb, the same man who co-founded Stellar and the now defunct Mt. Gox exchange in Japan in 2011.Ripple Keeps Making Questionable MovesMt. Gox is one of the most notorious platforms in cryptocurrency history. The company lost more than $400 million USD in BTC units in...

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Is China Finally Easing Up on Cryptocurrencies?

It looks like some people (or entities) can change their minds after all. Despite a mixed relationship with cryptocurrency in the past, the People’s Bank of China (PBC) appears to finally be easing up to it. Is China Becoming “Friendlier?”As China’s central bank, the financial institution is looking to release its own digital currency in the future. This is not the same digital currency that China had initially announced weeks ago as a means of combating Libra. This would be an entirely...

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How the E.U. Plans to Battle Against Libra

It appears Libra doesn’t have that many fans. The new digital currency from Facebook is stemming controversy and dislike everywhere it goes, and now the European Central Bank (ECB) is taking what it deems to be necessary action by building its own national digital coin as a means of competing with it. Libra Just Can’t Find FriendsThis isn’t the first time a country (or in this case, continent) has emerged with a new digital currency to fight Libra’s alleged attacks. The first is China, who...

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