FB’s Libra raises concerns: Fed Chair, US SEC approves Blockstack Token Offering, and more

  • 11 July 2019, Thursday, 12:40

Crypto News – 11 July – Opera browser adds BTC, Tron to crypto wallet, FB’s Libra raises concerns, says Fed Chair and more

Don’t forget to follow us for our daily videos#facebooklibra #Bitcoin #TRON #CryptoNews #Opera #cryptocurrency #BitcoinIsBack pic.twitter.com/T51viMq4uZ

— AMBCrypto (@CryptoAmb) July 11, 2019

Crypto News – 11 July

Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman

Rep. [R] Warren Davidson, and Rep [D] Josh Gottheimer two spearheads of the Token Taxonomy Act spoke regarding their, less skewed, stance on cryptocurrencies and Libra.

Read more at https://bit.ly/2S9Fr4K

Binance launches margin trading on its optimized 2.0 platform

On July 11, Binance officially launched its Margin Trading platform for the evolving cryptocurrency traders.

Read more at https://bit.ly/2LJJIe2

Lightning Network sees another implementation as Fold allows users to spend BTC on Amazon, Uber, etc

Fold, in a strategic move, announced an integration with the Lightning Network protocol to allow its users to shop in big online and offline retail stores like Amazon, Uber, etc with Bitcoins.

Read more at https://bit.ly/2SdMxpc

Binance records a whopping $1 billion inflow in USDT as BTC price trickles down; a major pump incoming?

Binance witnessed a massive inflow of USDT as much as a billion dollars in Tether, which ultimately went into Bitcoin.

Read more at https://bit.ly/2Y2lt1e

Altcoins fall below key support levels

The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra project “cannot go forward” till “concerns” were addressed.

Read more at https://bit.ly/32lOSD2

Source: ambcrypto.com