Bitcoin Cryptocurrency News Market

What’s Happened to Gemini Dollar? Supply Down 92% YTD

Demand for Gemini exchange’s native stablecoin, Gemini dollar (GUSD), has dropped significantly over the last 7 months while other pegged-value assets continue to soar. Gemini Dollar Falls Behind The market capitalization of the dollar-pegged token has been on its way down since December 20, 2018. It has slipped from an all-time high of $103.106 million Read more…

Blockchain Cryptocurrency News

Overview: Facebook Libra Project US Senate Hearing

Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. As previously covered by Bitconist, lawmakers are worried that Facebook’s Libra cryptocurrency could Read more…

Cryptocurrency News Market

Mark Cuban: Libra Is Dangerous & Will Empower Evil African Despots

Tech entrepreneur and Dallas Mavericks owner Mark Cuban joined the growing list of skeptics warning about the apocalyptic dangers of Facebook’s cryptocurrency project, Libra. In an interview with CNBC, Cuban made his position on the Libra clear: “I’m not a big fan of what they’re doing there. I think it’s a big mistake […] but Read more…

Binance Cryptocurrency News

Binance Launches Margin For Bitcoin, Ethereum, & More

Binance Embraces Margin Announced just minutes ago, Binance, one of the world’s largest crypto exchanges, has launched margin trading. Per a blog post detailing the new product, this new product is part of Binance’s “effort to help push the industry forward and freedom of money”. Per a quote from the exchange’s beloved CEO, Changpeng “CZ” Read more…

Bitcoin Cryptocurrency News

Winklevoss Twins: ‘It’s the Bottom of the First Inning’ for Bitcoin

Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no Read more…

Lightning Network Achieves Record Capacity, Exceeding the Milestone of 600BTC
Bitcoin Blockchain Cryptocurrency News

Bitstamp Unveils Bitcoin Lightning Network Node

On July 8 the Lightning Network got a huge publicity boost as Bitstamp announced that it had launched its own Lightning node. Another Step Toward Widespread Adoption On Monday Bitstamp revealed that it had launched a Bitcoin Lightning node to further facilitate the growth of Bitcoin’s Lightning Network (LN). The European cryptocurrency exchange said that Read more…

Binance Cryptocurrency News Ethereum

Coinbase Competition Grows as Veteran CEX.io Launches US Office

Users of long-time Coinbase competitor CEX.io will have gotten an e-mail today informing them of the exchange’s decision to open a U.S. entity. It’s official!https://t.co/OPoleqNuJO has received a Money Transmitter License in 9 more states: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire. Welcome to secure and regulated #crypto Read more…

Cryptocurrency News

Bitcoin (BTC) At $20,000 By Year End Then Opens Up $40,000 Says Novogratz

Mike Novogratz, founder and chief executive of Galaxy Digital, the crypto-focused merchant bank, says bitcoin will be trading at $20,000 before the year is out. In a telephone interview with Bloomberg he also rode back somewhat on his previously reported statements about wishing he’d “sold more” when he offloaded some bitcoin as the price fell Read more…