Libra Ecosystem This is Libra, a simple global currency that people can use for their everyday needs, built on the Libra Blockchain. The evolution of the Libra Blockchain will be overseen by the Libra Association, an independent not-for-profit headquartered in Geneva. The association will be responsible for facilitating the operation of the Libra Blockchain and managing the...
Read More »Genf: Libra Association verabschiedet Charta
Die Führung ist drin; große Investoren sind raus: Facebook hält unbeirrt an Libra fest, obwohl Mastercard, Visa, Ebay, Stripe und Paypal das Projekt verlassen haben. Trotzdem haben die restlichen 21 Gründungsmitglieder die Charta der Libra Association verabschiedet und die Führungspersonen ernannt und zwar am Montag, den 14 Oktober, in Genf. Ab sofort bilden fünf Vertreter verschiedener Unternehmen den Vorstand von Libra: David Marcus von Facebook; und jeweils ein Vertreter des...
Read More »eToro Launches Sentiment-Based Portfolio for Crypto Investors
Photo: eToroeToro, the leading global investment platform, announces the launch of TheTIE-LongOnly CopyPortfolio, offering users access to a sentiment-based, AIgo-driven investment strategy from The TIE, a cryptocurrency data analytics platform trusted by some of the largest traditional quantitative hedge funds as well as crypto-specific funds.Guy Hirsch, US Managing Director of eToro, said:“In traditional markets, retail investors have historically lagged behind the ‘smart money’ when it...
Read More »BitCherry Signed a Strategic Cooperation Agreement with the Democratic Republic of Congo
Photo: BitCherryFrom 10th to 12th October 2019, BitCherry signed the “Memorandum of Understanding on Strategic Cooperation for National Infrastructure Construction and Energy Economic Transformation” in Congo (DRC). In the contract, BitCherry founder and CEO Paul, BitCherry consultant and WTIA chairman Kim exchange their views on several key areas such as cross-border payments, bulk e-commerce, new energy raw materials data, new energy assets, new energy assets, and new energy asset...
Read More »Analysts: Bitwise ETF Rejection Could Spell Doom for the Industry
The Bitwise proposal for a bitcoin exchange-traded fund (ETF) was recently knocked to the side by the Securities and Exchange Commission (SEC). This was bad news all by itself, but many analysts are seeing the rejection as a sign of how the industry will wind up.Bitwise Rejection Means a Lot to AnalystsSome view this not as just a simple rejection, but as a permanent barricade to blockchain and crypto-based products. They expect that a bitcoin ETF will have a very hard time getting approval...
Read More »Libra Presses On in Spite of Association Losses
Oh, Libra… Has it occurred to you yet that perhaps venturing into the crypto space wasn’t the greatest idea? And that maybe creating an entirely new cryptocurrency as a means of garnering Facebook’s trust back wasn’t the best response to the Cambridge Analytica scandal?Libra Pushes Through the MudDespite several companies exiting the Libra Association, despite several delays, regulatory problems and anger from the U.S. Congress and international governing bodies, Libra has taken the time to...
Read More »Grayscale Reveals Blockbuster Q3. So Why Is Bitcoin Stuck?
Times are good at Grayscale Investments, which has had the wind at its back lately. The digital asset investment firm just experienced its best quarter ever, as evidenced by a record-setting $254.9 million flowing into its funds in Q3 2019, which is about three times as much as Q2 results of roughly $85 million. Much of the funds are being directed toward bitcoin via the Grayscale Bitcoin Trust, with more than $170 million flooding the flagship fund and setting yet another record for the...
Read More »Google Officially Presents Its Pixel 4, Its Stock Rises
Photo: Google / TwitterTrue to form, Google delivered on many of its promises as the leaks and many expectations were met. The Pixel 4 (about it we’ve already reported) and its XL Variant offered the goods and a bit more than expected. Besides, Google seems to be going head-to-head with other technology giants with new devices. The Google pixel buds Generation 2 was totally out of this world. The buds are wireless, they enable differentiation of sounds like those on the street and co even...
Read More »Coinbase and SFOX Make Y Combinator Top 100 List
It looks like no matter how hard crypto and blockchain try they can’t please everybody. The Y Combinator’s top 100 list of startups is out, and to our disappointment and dismay, only two cryptocurrency and blockchain businesses have made the cut.Y Combinator Only Chooses Two?The two businesses to earn spots on the list were Coinbase, the popular U.S.-based cryptocurrency exchange (which came in at number five), and SFOX, a crypto dealer for institutional and professional traders. Ah, those...
Read More »Bitcoin Holds Steady While Altcoins Take Off: Weekly Crypto Market Update
This week, the market continued to stagnate, but we saw some promising signs in the altcoin arena. While most of the attention was directed toward Bitcoin and whether its price support will hold, many traders’ interest seems to have shifted to altcoins.Bitcoin’s dominance rate declined since peaking at 72%, and other cryptocurrencies finally managed to reclaim some ground.Despite the fact that during the past 3 months Bitcoin’s price has shuffled up, its current price point is still...
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