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…

Bitcoin Cryptocurrency News Market

Bitcoin And Cryptocurrencies Have Value, Powerful People Are Terrified

In 2018, during the World Economic Forum (WEF), it was revealed that the gap between the rich and the poor is widening at record speed. According to a report published by Oxfam, a charity organization, that perfectly coincided with WEF’s gathering, it was revealed that “42 people hold as much wealth as the 3.7 billion Read more…

Blockchain Cryptocurrency News Market

Justin Sun Invites President Trump For His Lunch With Warren Buffet

The co-founder of Tron, Justin Sun, has invited the president of the United States, Donald Trump, for lunch where he would interact with notable figures in the cryptocurrency space and perhaps try to convince Warren Buffet otherwise. Sun’s invitation stems from Trumps Twitter post. On the social media platform, the US president said: “I am 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…

Bitcoin Cryptocurrency News

Fed Chairman Powell Validates Bitcoin as a Store of Value in Front of US Senate

Bitcoin and the aggregated crypto markets have been facing tremendous selling pressure over the past couple of days which was sparked by BTC’s rapid surge into the $13,000 region. Although this drop is certainly negative from a technical perspective, it is important to note that the cryptocurrency is still incredibly fundamentally robust. One such example Read more…

Blockchain Cryptocurrency News

China’s Roadmap For A Digital Yuan, Will Tron (TRX) And NEO Benefit?

The People’s Bank of China is charting the road map that will lead to the creation of a digital yuan. The move is going to establish the People’s Republic of China dominance in the global cryptocurrency race. Speaking on this development on Twitter Anthony Pompliano of Morgan Digital wrote: “BREAKING: China has received internal approvals Read more…

Bitcoin Cryptocurrency News

Was Benjamin Franklin The Bitcoin Miner Of His Day?

Bitcoin has since inception, had the potential to revolutionize money and the world economy. But haven’t we seen all this before? A new article suggests that Benjamin Franklin was doing the equivalent over 250 years ago. The First Bitcoin Revolution Of course, 250 years ago, Bitcoin was still just a twinkle in (Dr) Craig Wright’s ancestor’s Read more…