Crypto news

Following a rousing presentation from David Marcus - the head of Facebook's Libra - Coinbase CEO Brian Armstrong has come out in support of the developing cryptocurrency.Libra is often depicted as a pretty divisive and maligned project. It's not shocking to think that a cryptocurrency with plans of financial domination - emanating from a company with a checkered past of privacy problems - has regulators and citizens up in arms. Nonetheless, Libra now has at least one supporter, Coinbase's CEO...

Sometimes it’s good to remind ourselves how far crypto has come. Central bankers are now being forced to publicly defend the dollar as the global reserve currency against the rise of cryptocurrency.Fed official defends the dollar from Carney’s crypto threatLast month, Bank of England Governor Mark Carney argued the case for a Libra-esque cryptocurrency to replace the dollar as the world’s reserve currency.His words triggered former Federal Reserve official Simon Potter, who was forced to...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe capitalization of the crypto market has fallen by $35 billion overnightThe BTC hashrate has returned to its standard values after a slumpFrench shops are beginning to accept the Bitcoin for paymentOn W1, the Bitcoin has completed the correction in the shape of a Triangle: the strong declining impulse has broken through the former support while the present dynamics is acquiring the shape of a classic...

Wirex: Einer der ältesten Bitcoin-Kartenanbieter (Früher eCoin) lanciert ein neues Affiliate-Programm. Jeder kann sich darber anmelden. Nicht alle Bitcoin Affiliate und Bonusprogramme sind gleich. Soeben hat Wirex ein neues Programm eingeführt, wo jeder Kunde der einen Freund wirbt verdienen kann, wenn dieser seine Wirexapp-Debitkarte einsetzt. Je nachdem, wieviel dieser...

Among the top 10 crypto by market capitalization, Stellar (XLM) is leading the pack of gainers having appreciated by nearly 10% in the last 24 hours. This coincides with an announcement by Coinbase Pro listing the cryptocurrency in New York.Stellar (XLM) recovers from yearly lowAfter falling against the U.S. dollar to a yearly low of $0.052 earlier this week, Stellar has now recovered to $0.0603 after posting gains of 9.22% on Thursday.Stellar Lumens price chart | Source: CoinmarketcapThe...

SoftBank Group Corp., a Japanese multinational conglomerate holding company and the largest investor in WeWork, is currently deliberating on investing an additional $1 billion into the space sharing startup. This deliberation involves the revisiting certain terms in the warrant agreement between the two firms.Before now, SoftBank had concluded terms with WeWork for an investment of $1.5 billion before the company’s issues seemed to intensify, forcing it to discontinue its earlier agreed-upon...

Bitcoin and the entire crypto markets arena are in chaos currently after an abrupt drop in Bitcoin network’s hash rate that resulted in heavy losses on September 24. Some analysts also believe that eh recent drops are as a result of a disappointing launch of the much-anticipated Bakkt platform.On that day, Bitcoin price dropped sharply, losing up to 15% of its value in hours confirming a bearish reversal. All that happened as investors focused on Bakkt’s low Bitcoin trading volume and it...

Peloton Interactive Inc., a fitness company popular for its engaging workout routines run on its exercise equipment, has announced on Wednesday, its decision to fix its share price at $29 each, for its initial public offering (IPO). The company’s press release announces that the public offering will begin today September 26 with the “PTON” ticker code and will offer 40 million shares of its Class A common stock.Peloton is looking to raise $1.16 billion with a minimum of $8 billion as the...

The bitcoin price (BTC) has fallen by more than 15 percent in the past three days but traders see a bottom further down below.The bitcoin price (BTC) abruptly dropped by 15 percent and traders anticipate a deeper pullback (source: coinmarketcap.com)Many traders anticipated the bitcoin price to briefly recover to the $9,000 region which has turned into resistance following the steep drop of BTC. Bitcoin is still hovering at $8,400, struggling to rebound to key resistance levels.Where are the...

Everybody is aware of the scandals that undermined trust in the social networking giant Facebook. According to Mark Zuckerberg, the company didn’t pay proper attention to protecting privacy, that’s why the company had to deal with the consequences of data leak and the spread of fake news. To fix this, Facebook’s CEO is all set to make everything, including Libra, right.Speaking in an interview with Asia-based news outlet Nikkei, Mark Zuckerberg said:“In the last few years, there are a lot of...