Since Facebook revealed its new project Libra, and everything that is related to it, people are starting to wake up and speculate – is Facebook’s Project Libra going to take over the cryptocurrency industry? Whether it will be a good or a bad mark, let’s see.
The first phase of the CoinMarketCap’s Data Accountability & Transparency Alliance initiative has come to its end: 70% of all the listed exchanges have managed to provide the required data.
Facebook just have released the whitepaper for their Libra project on libra.org, which is the official webpage for the social networks native cryptocurrency. They are coming out with a bold statement to bank the unbanked.
During an ‘ask me anything’ session, Binance CEO spoke about the upcoming launch of Binance.US, the recent IDO, and provided details of the Binance IEO.
The Lightning-powered Bitcoin Payments App by Breez aims to push Bitcoin adoption in daily spendings by making the transaction process seamless and hassle-free.
Looking into Bitcoin for a while, global giant broker TP ICAP decided to eventually enter the crypto game. The broker announced the expansion of its services now offering Bitcoin futures trading.
Binance will introduce crypto-pegged tokens on Binance Chain. A Bitcoin-pegged token (BTCB) will be traded on Binance and proposed for trading on Binance DEX.
JPMorgan Chase suggests that there is an increase in institutional interest which caused the Bitcoin futures volume to increase by 118% compared to the volumes recorded in April.
After the retracement, in case the Bulls gain more pressure to break up the resistance level of $9,398, Bitcoin price may target $1,016. Should the Bears defend the $9,398 level, BTC price may continue ranging within the $8,879 and $9,398 levels.
Billionaire Bitcoin cynic Warren Buffett agrees to give heed to the emerging blockchain technology. Following a $4.6 million USD bid by Tron CEO – Justin Sun to host a power lunch, along with Litecoin’s Creator – Charlie Lee as Guest Speaker.
In a twist of events, JPMorgan is looking for experts with sound Bitcoin tech for the possible development of its own blockchain networks. The company also states that Bitcoin futures are more ‘understated’ than its actual importance in the market.
Bitcoin achieved a new milestone on Sunday with its price smashing past $9000 levels. Other metrics suggest a strong buildup of the Bitcoin technicals and fundamentals.
Next Bitcoin halvening is in May 2020 and we are expecting to see huge price increase in 2021. Bitcoin miners currently receive 12.5 BTC each time they successfully mine a block. By the end of May 2020 (the next Halvening) they will earn just 6.25 BTC.
A Bitcoin halvening is a fixed event and will occur after every 210,000 blocks are mined, or confirmed, by the system. StillMark Capital analyst Alyse Killeen thinks that there will be even greater demand for Bitcoin.
COR Index published its latest monthly report of key crypto exchange data. The report is based on figures gathered from over 150 cryptos and the top crypto exchanges.