Crypto EcoBlog
Things do not seem to be going as planned for Facebook’s Libra as Mark Zuckerberg is set to testify before the US Congress later in the month. This was revealed by the Chairwoman of the United States House Committee on Financial Services Maxine Waters (D) in a press statement yesterday. The Chairwoman indicated that a letter had been sent to the Social media giant in July “requesting an immediate moratorium on the implementation of Facebook’s proposed cryptocurrency, Libra, and digital...
Read More »Litecoin (LTC) Price Analysis: Further Recovery Seems Likely
Litecoin price started an upside correction after forming a base above $52.50 against the US Dollar.LTC price is currently consolidating above the $57.50 level and it could slowly climb higher.There was a break above a key bearish trend line with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip a few points, but it is likely to climb towards the $62.50 and $64.00 resistances.Litecoin price is showing a few positive signs against the...
Read More »Binance Will Support WeChat And Alipay For Bitcoin Purchases
Photo: CoinspeakerRecently, Binance has announced that they will add two more fiat-to-crypto gateways, hence WeChat and Alipay. With this move, citizens of China now will be able to purchase Bitcoin, with these two payment options. Changpeng Zhao, the CEO of Binance, confirmed this news on his Twitter account:YES https://t.co/dnHKQSLvS4— CZ Binance (@cz_binance) October 9, 2019Currently, this initiative is only in the testing phase for Android users, but will eventually come out on iOS as...
Read More »All that Glitters Is Not Gold
Harald Seiz, CEO of Karatbars. Photo: Karatbars GmbH / TwitterMoney isn’t everything but it sure as darn hell makes misery a lot easier to bear. Feed that crap to someone else. Per Wikipedia, a Ponzi scheme is a form of fraud which lures investors and pays profits to earlier investors by using funds obtained from more recent investors.Starting a successful business is long been important for everyone’s dream. Some legitimate businesses rely on successful entrepreneurs. These are legit...
Read More »Bitcoin Association and Cambridge Partner Over Bitcoin SV
The Bitcoin Association has joined hands with the Cambridge University Meta Net Society to sponsor a new study program that will allow students to learn about bitcoin SV (BSV).Bitcoin SV: the Future of Crypto?Bitcoin SV has been something of a controversial coin since it first emerged roughly one year ago. First off, it’s a product invented by Australian bitcoin developer Craig Wright, who seems to have mustered up just as many enemies as he has fans. In addition, bitcoin SV is the “child” of...
Read More »Two Analysts Claim Bitcoin Network Could Still Shatter
At press time, bitcoin has jumped beyond $8,600, meaning the currency has incurred a $500 spike in the last 24 hours. Naturally, everything is looking good for the currency right about now, but would it be possible for bitcoin to still wind up in the gutter, and if so, when?Could Bitcoin Fall Into a Dismal State?According to MIT’s Cory Fields and former Block Stream CTO Greg Maxwell, bitcoin is still something of an “experiment.” They acknowledge that it’s been around for roughly ten years...
Read More »Bitcoin Jumps Past $8,500, Marking Huge Gains
At press time, bitcoin – the world’s number one cryptocurrency – is trading for over $8,500. This marks a massive rise from yesterday, when the currency was trading for just under $8,200, and a $300+ spike is being welcomed by enthusiasts everywhere.Bitcoin Jump Is the First in Some TimeRoughly two weeks ago, bitcoin and its altcoin cousins suffered from what was arguably one of the worst bloodbaths in some time. The negativity doesn’t stem from how much bitcoin lost necessarily, but rather...
Read More »Facebook’s Libra to Be Forked to ‘OpenLibra’
When Facebook‘s cryptocurrency Libra started struggling with keeping its co-workers to keep partners on board and all of the institutions happy, an alternative called OpenLibra came to address some of Libra’s potential flaws.OpenLibra is described as an “open platform for financial inclusion,” with a tagline: “Not run by Facebook” and it was announced at Ethereum Foundation‘s Devcon 5 conference in Osaka, Japan.Be it as it may, thirty blockchain companies and nonprofit organizations decided...
Read More »Apple’s Augmented Reality Glasses are Coming Out Early Next Year
New claims are beginning to emerge that Apple is planning to introduce augmented reality glasses to the marketplace early next year. Sources indicate that popular Apple research analyst Ming-Chi Kuo released a research note from TF International Securities with the information. In the note, Kuo observed that Apple will be working with several different companies to make this happen on time. Kuo also indicated that plans to get the new devices on the production lines are already in place and...
Read More »Call of Duty Mobile Reached 100 Million Downloads in One Week after Launch
On October 1, a new game Call of Duty: Mobile was rolled out by Activision Blizzard. The game, available in all regions that support Google Play and App Store, except China, Vietnam, and Belgium, has managed to reach 100 million installs just one week after it was launched. This incredible number of downloads in such a short period of time makes a new record in the gaming industry and allows us to consider Call of Duty: Mobile the best launch of a mobile game the world has ever seen.Call Of...
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