
Wall Street Whale Henry Kravis Splashes into Cryptocurrency
The financial whales are slowly diving into the crypto sector with the world’s 317th richest person, Henry Kravis, also trying his luck by joining the rapidly growing industry.
The financial whales are slowly diving into the crypto sector with the world’s 317th richest person, Henry Kravis, also trying his luck by joining the rapidly growing industry.
Ethereum price is set to undergo a 52 days bull-strike as crypto analysts base their bullish predictions on the current rise in transaction volume of the second most used cryptocurrency in the world.
Two persons cited on the Bitcoin white paper – Blockstream CEO Adam Back and Yugen Partners Chief Scientist Scott Stornetta, share their thoughts on the future of Bitcoin and cryptocurrency technology in the whole.
It seems, that finally, there’s an opportunity for early adopters and crypto enthusiasts can now live a ‘tokenized’ life away from big banks and corporations.
The early-access code for Facebook’s Libra cryptocurrency hit GitHub two weeks ago and critics and trollers have taken their aim at the project that has been saved or “starred” by close to 10,000 users.
Many financial experts believe that the G20 summit, which recently ended in Osaka, Japan, should bring a multilateral decision on cryptocurrency regulation. The cryptocurrency market is proving that it is here to stay by growing almost +150% only this year.
After a massive bull run in the first three weeks of June 2019, the crypto market entered a major correction losing $60 billion in the last week. In the last 24-hours, Bitcoin has lost 7.5% consolidating at $11,000 levels.
TRON’s CEO Justin Sun announced that July will be big for TRX community. Except the lunch he will have with Warren Buffet, Sun announced introducing BTFS as the largest of the decentralized P2P storage network.
In recent French news, Goldman Sachs CEO, David Solomon, revealed that the company is looking into developing its own cryptocurrency, like JPMorgan Chase. Also, the company is researching asset tokenization and stablecoins as such.
Coinbase began trading Chainlink today. LINK is available to trade with the U.S. dollar (LINK/USD) and with Ether (ETH) (LINK/ETH). LINK price reacts to the news adding enormous 54.11%.
Libra cryptocurrency announced by Facebook on June 18 may become a fresh breath in the global financial system. Let’s puzzle out the details of the innovative project with the infographics by MrBTC.org.
Justin Sun donated $4.57 million via an auction for the Charity Lunch with Warren Buffett organized by Glide Foundation. Many are seeing Sun’s moves as an effort to bridge the distance between crypto space and skeptical Buffett.
Two days ahead of schedule blockchain Harmony announced the launch of their mainnet that will, as per their words, solve the hardest challenges in blockchain i.e. ‘scaling linearly’.
Judging by recent news, it appears that Binance is in talks with Facebook about either listing Libra or joining the Libra Association. Binance’s CSO, Gin Chao, confirmed that the exchange has had discussions with Facebook about a listing process.
Mark Zuckerberg commented on the newly-launched Facebook’s Libra crypto. He says that Libra Association is an independent organization and Facebook only has one vote in it. That way he emphasizes the trustworthiness of Libra.