Tag Archives: Libra

Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.Crypto prime brokerage Tagomi joins Facebook‘s Libra Association. The company will be the 22nd member of the Association and the second to join since the group’s formal foundation in October 2019. Tagomi President Marc Bhargava has already confirmed the news. But the formal announcement from...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has fallen through the floor and is trading at just over $9,300. This means it’s lost more than $1,000 from its 2020 high point.Bitcoin Isn’t Doing So Hot, LatelyTo be fair, however, everything seems to be slumping. The stock market isn’t doing well either, with reports claiming the Dow Jones has dropped by more than 1,000 points in just the last 48 hours alone.Some claim that the heightened fear and...

Today, more than 60% of global transactions involving Bitcoin have a connection with the gambling industry. One of the main factors that can be used to explain this popularity is the anonymity that crypto offers to the network participants.In a business running on estimation and predictions, observation and critical analysis of trends – of past, present, and future – play the central role. All the profits and losses incurred by its participants depend entirely on this object of detail and...

While Libra may not have that many fans as of late, it looks like some companies are simply dying to jump on board.Libra Gains a Pal in ShopifyThe Libra Association has just announced that Shopify – an e-commerce platform provider – has entered the frame and will be responsible for the decision-making processes surrounding Libra and Calibra in the coming future. Shopify states that the addition of Libra to the financial spectrum is likely to increase the strength, durability and safety behind...

Christopher Giancarlo, the CFTC former head, says that the U.S. should issue the digital dollar to compete with other CBDCs. Giancarlo claims that the CBDC dollar is not a competitor to Bitcoin, Ethereum, TON or Libra.Not only the CFTC former head thinks that the FED should issue dollar like bitcoins, but he also states that bitcoin itself can be used as a digital dollar or gold.During Yahoo’s ‘On the Move‘ on Thursday, Christopher Giancarlo said that the Chinese government will create some...

Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other cryptocurrencies seriously enough, which could potentially bear harsh consequences for the world’s many banks.Randal Quarles – People Need to Wake Up When It Comes to CryptoQuarles points to things like Libra and says that this cryptocurrency and others like it are signs that the financial space has changed extraordinarily over the past year alone....

Facebook’s potential upcoming global cryptocurrency project, Libra, has received positive news from Shopify. The Canadian multinational e-commerce giant announced today that it would join the Libra association to create a safe and accessible payment network.Shopify To Cooperate With LibraAlmost immediately after its announcement in mid-2019, Libra became a target of regulators across the world. While they were clamping down, Facebook’s cryptocurrency project quickly lost steam. Even though...

The user base growth and monetization efforts could push Facebook (FB) stock price to $250. The number of users and stock earnings increase despite the controversies surrounding the popular social platform.Despite recent uncertainty with the Libra cryptocurrency, Facebook Inc. (NASDAQ: FB) stock price and user base both keep growing. Experts predict that the stock will outperform itself in the longterm because Facebook is no stranger to controversy.The Cambridge Analytica case made it clear...

The future of Facebook is not in question. However, even as its stock continues to rise, regulatory hurdles mar the company’s journey. Yesterday, the FB stock price increased by 1.69%.Facebook is easily one of the world’s most successful companies. The social media giant has had an impressive streak and keeps on gaining in popularity and utility. This is also helped by the fact that over time, it’s been able to acquire other potential competitors such as Instagram and Whatsapp. Today,...

As we’ve all seen over the past month or two, bitcoin has completely revamped itself and is now trading for well above the $10,000 range. Many people attribute this spike to many things, but one individual believes hype surrounding Libra has a lot to do with bitcoin’s recent good fortune.Libra Could Be Behind Bitcoin’s Sudden SurgeTo be completely fair, it’s not necessarily Libra itself, but rather words regarding Libra that have led to bitcoin’s growth. Vijay Ayyar – head of business...