Facebook’s Libra Coin launch is giving jitters to Australian Banks who see the emergence of the Libra as a potential threat to the banking model.
The case for or against centralized exchanges is one of the longest-standing debates in the cryptocurrency world. Purists believe that a fully decentralized exchange (DEx) is the only solution. One challenge is that all trading platforms require liquidity, which has proven to be the most significant barrier for newly-formed DEx’s.
The USDK stable coin is tradeable on the world’s second biggest exchange OKEx and joins a growing list of US dollar-pegged coins alongside market leader Tether (USDT), Coinbase’s USDC, TrueUSD and the Gemini dollar.
Facebook’s awaited cryptocurrency Libra may not be launched in India, as the country’s current regulations do not permit cryptocurrency transactions.
If there was a competition between Libra and Bitcoin, head of Facebook’s blockchain sector David Marcus seems to have conceded rather than overselling the facts.
The ETH stopped rising for a while on June 20, now consolidating around $267.78.
Binance just announced a new IEO project on Binance Launchpad – Elrond (ERD). The news pushed Binance Coin price (BNB) to the new ATH in just a matter of one hour.
The bullish breakout at $227 supply zone is envisaged should the Bulls gain enough pressure and Ethereum price may rally to the previous level of $289. In case the Bears continue to defend the $227 level consolidation may continue.
MetLife’s Singapore-based incubator LumenLab has partnered with media corporation Singapore Press Holdings (SPH) and insurance company NTUC Income (Income) to roll out Ethereum-based smart contract platform known as Lifechain.
Cloudflare adds Ethereum Gateway to its Distributed Web Gateway toolset now enabling its users explore the blockchain without having to download any app.
Facebook’s release of Libra white-paper raised a lot of awareness in the cryptocurrency and traditional banking communities. Many experts compare Facebook’s Libra to Bitcoin and other cryptos. The main question is, how Libra could affect Bitcoin price?
Here’s how the analysts are predicting higher targets for Bitcoin price based on the strengthening technical charts, growing fundamentals, and higher institutional participation.
With a view to ensuring fairness and transparency, Algorand has conducted its token sale in the format of a Dutch Auction raising over $60 million.
CBOE, short for Chicago Board Options Exchange, has decided to stop offering Bitcoin futures on its options market. After the announcement, the open interest in CME Bitcoin Futures contract kept hitting record highs.
The U.S. Senate Banking Committee will hold a hearing on July 16 about Facebook’s new cryptocurrency, Libra. The hearing came after members of Congress said there is a need to more closely examine Libra and its potential risks.