The Treasury Department has concerns that Libra, as well as Bitcoin, could be misused by terrorist financiers and money launders, to carry out illicit activities ranging from cybercrime to tax evasion, extortion, and ransomware.
Investors hold their breath in anticipation of Congress Hearing on Facebook’s Libra set up for July 16-17. What’s in store for Bitcoin?
Binance has reported the successful completion of scheduled Binance Chain Mainnet ‘Galileo’ hardfork upgrade that took place at block height 20,300,000.
NYDFS Superintendent Linda Lacewell said that Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC, who operate under Seed CX, had received BitLicenses.
The SwitchDex, a decentralized exchange designed from scratch, offers 6 base pairs for trading and the easiest interface a user can find in a full-fledged crypto exchange.
The global cryptosphere might take hit in the near future as according to a leaked bill circulating online, India plans to completely outlaw the use of cryptocurrency except its own Digital Rupee.
Trump says that he is not a fan of cryptocurrencies, especially Bitcoin, but can he ban its transactions and operations in the United States or Congress stands in his way legally?
Blockchain consortium startup R3 is said to be considering an Initial Public Offerings (IPO). Sources familiar with the report reveals that R3 is in talks with an adviser over a potential public listing.
Samsung Electronics together with South Korean banks and telcos formed a consortium to create a new blockchain network.
Since the token burn, BNB price has dropped from around $32 per token, to close to $28.3 per token at press time, according to CoinMarketCap. This is a drop of around 7%.
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability.
Last week, the overall cryptocurrency market lost early $50 billion valuations with Bitcoin alone losing $25 billion and altcoins contributing the rest. On Sunday, July 14, Bitcoin price slipped below $10,000 levels but recovered back now trading at $10,320.
The Whale Alert Twitter account caught a $5B Tether print run. Tether and Bitfinex CTO Paolo Ardoino confirmed that this was a mistake and that the surplus USDT had been destroyed. Nevertheless, Bitcoin price started to depreciate.
It seems that big companies as Facebook, Amazon and Google might be forbidden to launch their digital assets. If the Congress’s Bill pass – they could face with paying $1K penalties per day. Even though it’s not likely for bill to pass, it presents another obstacle for Facebook’s Libra.
Learn how the top crypto markets changed in the latest CORindex report, which covers key metrics like average rate, volatility, transaction volume, and other stats any serious cryptocurrency investor will want to familiarize themselves with.