Crypto news

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...

Ex-NBA star Isaac Austin has been accused of swindling a Ghanaian firm nearly one million dollars in a Bitcoin Scam. According to GhanaWeb, the former NBA player lured victims into investing their Bitcoin in an automated cryptocurrency trading program run by his firm, Isaac Edward Austin and Tudor Trust. On Austin’s LinkedIn page the ex-basketball player is listed as a trustee of the firm. Source: LinkedInHis Twitter account, however, makes no such mention. Ghanaian firm loses 75 Bitcoin...

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...

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,...

Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has been received from such a row of prominent investors including Peter Thiel, an American billionaire and co-founder of PayPal, Palantir Technologies and Founders Fund, and Shasta Ventures, an early-stage venture capital investment firm that invests in enterprise and technology consumer startups.According to Alexander Liegl, CEO of...

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...

Just as expected, Bitcoin had produced its move. Just as we said in our recent analysis: “Unlike the crypto community on twitter, suggesting Bitcoin to $6K, in my opinion, the direction isn’t clear yet.”Most of the traders lose money over time. Hence, they take the wrong decisions guessing the next direction of the market. This was another classic example, as Bitcoin price broke to the bullish side following reaching the end of the 4-hour short-term triangle’s pattern.Does it mean we will see...

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...

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...

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....