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…

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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…

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…

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Ethereum Hits Milestone Amid Crypto Boom, Where’s ETH Going Next?

Ethereum Passes One Million Daily Txs Ever since Bitcoin (BTC) passed $10,000, Ethereum (ETH) and its altcoin brethren have fallen out of favor with crypto investors. You see, where the leading cryptocurrency heads will dictate the price action seen in the rest of the market. But, investors and analysts have begun to eye Ethereum — Read more…

Crypto Analysis Cryptocurrency News Ethereum

Ethereum (ETH) Hits $307 Amid Bullish Serenity, Grayscale News

ETH Rallies Alongside Bitcoin The crypto community is absolutely euphoric. Both Bitcoin (BTC) and Ethereum (ETH), two of the largest cryptocurrencies, have been rallying over the past few days. Over the past day, according to Coin Market Cap, Ethereum is up 5.5%, pushing $309 for the first time in over ten months. Bitcoin has followed Read more…

Cryptocurrency News

Cryptocurrency is “More Convenient” than Cash and Society is Ready for Adoption, Head of the Central Bank of Russia Says

Cryptocurrencies are being used more each time in the field of geopolitics, transcending the image of being just an experimental technology promoted by some fintechs and enthusiasts. After drawing the attention of the G20, several countries began to evaluate the possibility of issuing their own cryptocurrency, however, no powerful nation had shown a real, concrete Read more…

Cryptocurrency News Market

Facebook announces Libra coin and Calibra Wallet App in Global Money Pitch

Last updated 11:18 GMT 18 June 2019 Facebook has announced Libra,  its cryptocurrency its says is “reinventing money” Sending money will be a simple as sending a message or photo for users of its WhatsApp and Messenger products, Facebook claims. The whitepaper for the Libra blockchain is available here. The network is scheduled to go Read more…