A new person has stepped forward and claimed to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin. Belgian citizen, Debo Jurgen Etienne Guido made his claim in a letter filed with a federal courthouse in Florida on July 22.
Pantera Capital’s CEO Dan Morehead pointed to a potential Bitcoin price move to $356k within three years based on past trends of BTC price movements on a logarithmic scale. Morehead’s math also indicated that Bitcoin price targets $42k in 2019.
The DOJ says that the antitrust probe aims to monitor any unlawful activities carried out by the tech giants who especially happen to have a huge dominance on internet-based services.
Justin Sun postponing charity lunch with Warren Buffett caused rumors that he was held in China based on charges of gambling and spreading pornography. Sun broadcasted a live video from San Francisco to disprove reports.
Recently Bitcoin price dropped by a little more than -5%. This price movement is rather unexpected since the community anticipated the opposite after Bakkt announced their test launch of its new Bitcoin futures trading platform.
After many delays and uncertainty, finally, Bakkt’s Bitcoin Futures launched the user acceptance tests. The mission is to support the development of trusted infrastructure for securely transacting in the new market for digital assets.
Bakkt Digital Asset Summit highlighted important developments in the launch of Bakkt Bitcoin Futures, which beta release is expected today. CFTC commissioner Dawn Stamp acknowledged the high demand for the derivative product.
Allegedly, Fidelity’s cryptocurrency investment arm filed an application with the New York Department of Financial Service (NYFDS) and if approved the institutional brokerage will be allowed to offer crypto-custodial services in the state.
Binance Jersey has listed a proprietary GBP-backed stablecoin that confirmed that the major industry player had its sights on imminently issuing its own fiat-pegged assets, starting with a cryptocurrency 100% backed by the British pound.
Bakkt has announced that already on Monday they will launch user acceptance testing for its Bitcoin Futures. The crypto community is wondering whether it will impact Bitcoin price.
Altcoins have spent the second and third quarter of 2019 thus far falling in value relative to Bitcoin price. Litecoin, as always, is leading this rally, and in a sense, lights the path for the rest of the altcoin market to shine.
Rep. Maxine Waters said she’s planning to call in Facebook CEO Mark Zuckerberg to testify about his company’s new digital currency project Libra. She added that her staff has not made the formal request with Facebook yet, but they plan to do so.
Today’s the second day of Libra hearing. Amid questions of safety, compliance and consumer protection, Marcus kept stressing that Libra project would seek proper approval and registrations with the relevant authorities.
Receiving no attention at the senate hearing on Tuesday, Bitcoin price tanked over 10% on Tuesday. There’s little to no positive response from the US lawmakers for Facebook’s Libra which has created an overall negative sentiment around Bitcoin as well.
Most of the commentators of yesterday’s David Marcus’s hearing agree that Libra is here to stay. The fact that it has been one of the most important discussions on the state level – says that cryptocurrencies are indeed becoming part of everyday life.