Crypto News

Facebook’s Libra is not a cryptocurrency, claims CoinShares’ Meltem Demirors

Facebook’s Libra is not a cryptocurrency, claims CoinShares’ Meltem Demirors

The largest cryptocurrency in the world, Bitcoin [BTC], saw a drastic fall in its price on July 16, as U.S. legislators sharpened their arguments against crypto and its viability. Bitcoin no...

Half of the Top 100 Altcoins Jump Against Bitcoin, Dominance Slips

Half of the Top 100 Altcoins Jump Against Bitcoin, Dominance Slips

The market is looking better for altcoins as they are trying to regain their positions, while half of the top 100 altcoins advanced against bitcoin in the previous week. Also, at the time wh...

Ethereum whale linked to flash crash on Bitstamp resurfaces with a massive buy order

Ethereum whale linked to flash crash on Bitstamp resurfaces with a massive buy order

An Ethereum whale is speculated to have caused a market crash on July 14, with a sell order of approximately 15,000 ETH pulling the price of Ethereum down from $290 to $190. This crash is un...

Freedom over Facebook: An ideologically-neutral centralized digital asset is pure fiction

Freedom over Facebook: An ideologically-neutral centralized digital asset is pure fiction

Part 2 This is a two-part series on the censorship claims of Facebook’s Libra. Part two will discuss the role of ‘Fact’ and ‘Fiction’ in the case of the censorship claims of Facebook. Based ...

Freedom over Facebook: How the social media giant could wield the most powerful censorship tool in history

Freedom over Facebook: How the social media giant could wield the most powerful censorship tool in history

Part 1 This is a two-part series on the censorship claims of Facebook’s Libra. Part One will discuss the importance of ‘freedom’ in a information and social media-centered world, and how Fac...

Puma Browser takes on Brave, Chrome; launches first full browser with native Coil support on App Store

Puma Browser takes on Brave, Chrome; launches first full browser with native Coil support on App Store

Ripple and Coil have taken their partnership forward, with Coil’s Puma Browser being linked with Ripple’s Interledger protocol. The web browser was made available on the app store on July 17...

Kuwait’s Boubyan Bank teams up with Ripple; is the company using ‘small banks’ to take on the ‘juggernauts?’

Kuwait’s Boubyan Bank teams up with Ripple; is the company using ‘small banks’ to take on the ‘juggernauts?’

Although XRP’s poor performance in the market has rung a few alarm bells, Ripple has managed to assuage the community by promoting enormous growth in terms of its global footprint and mainst...

Bitcoin Price: ‘Those who cannot learn from history are doomed to repeat it’

Bitcoin Price: ‘Those who cannot learn from history are doomed to repeat it’

Bitcoin has been on a bull run for quite a while now. The rally that started in April has resulted in a 117% increase in the price over the course of 11 weeks. However, the bullish momentum ...

Bitcoin is beta version gold; revolting against precious metals a bad idea, claims Crescat Capital’s Otavio Costa

Bitcoin is beta version gold; revolting against precious metals a bad idea, claims Crescat Capital’s Otavio Costa

With cryptocurrency’s entry into mainstream finance, discussions surrounding Bitcoin have taken a hold of the economy as a whole. Towards this effort, Morgan Creek Capital’s Anthony Pomplian...

Stellar Lumens up by 10% over the hour; surges past Tron owing to Poloniex, IBM announcements

Stellar Lumens up by 10% over the hour; surges past Tron owing to Poloniex, IBM announcements

As the Libra bears eased off the cryptocurrency market, an unlikely leader emerged. Stellar Lumens [XLM], the second of the two most prominent bank coins in the market, surged by over 10 per...

US Congressman comes out in support of Bitcoin; calls it a product of American ingenuity, innovation

US Congressman comes out in support of Bitcoin; calls it a product of American ingenuity, innovation

The United States Congress taking a keen interest in the digital asset market was the key highlight of the week, with several supporters and critics of the industry voicing their opinions on...

Means to the end: Bullish Bitcoin is turning out to be bearish for blockchain

Means to the end: Bullish Bitcoin is turning out to be bearish for blockchain

In the cryptocurrency industry, the means to the ends have flipped. Big banks and social media giants aren’t the only ones to take notice of Bitcoin after its price surge over the past few m...

Japan planning to set up an international network for cryptocurrency payments

Japan planning to set up an international network for cryptocurrency payments

Japan is at the forefront of the crypto-revolution, with the Asian giant taking the lead in bringing innovation to the field of cryptocurrencies and blockchain. This fact was further highlig...

Neo and Ontology Partner For 'Next-Gen Internet' Project

Neo and Ontology Partner For 'Next-Gen Internet' Project

Two major Chinese public blockchain developers Neo and Ontology have partnered in order to build an open cross-chain platform and develop "the next-gen Internet." A whitepaper regarding the ...

Top gainers: Altcoins rally and record significant gains, a day after Libra-induced correction wave

Top gainers: Altcoins rally and record significant gains, a day after Libra-induced correction wave

The collective crypto-market suffered a major setback after yet another hearing on Facebook’s Libra pulled down the prices of most major cryptocurrencies. However, the market soon recovered,...

Mainstream media has misled vulnerable users on the environmental impact of crypto-mining

Mainstream media has misled vulnerable users on the environmental impact of crypto-mining

Crypto’s mainstream adoption has not only unleashed a new paradigm for global finance, but also raised a fresh set of concerns for its sub-ecosystem, crypto-mining. In order to uncover the t...

Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings

Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings

Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogatio...

Binance Singapore lists Litecoin as the CZ-led exchange works towards strengthening its global dominance

Binance Singapore lists Litecoin as the CZ-led exchange works towards strengthening its global dominance

Keeping its users and the general cryptocurrency community informed has been Binance’s strong suit and has contributed to people associating the exchange with transparency. Binance is in the...

Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building

Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building

Facebook’s latest venture into the cryptospace has encountered a lot of debate and criticism, since the day it was first introduced. The contentious Libra project led by 28 corporate giants ...

France’s Autorité des marchés financiers gives green signal for ICOs

France’s Autorité des marchés financiers gives green signal for ICOs

Recently, Malta and Belarus accepted and legalized ICOs. It now seems that France will be joining the bandwagon too. According to reports, the French government is exploring the realms of IC...

Ripple’s Asheesh Birla requests SEC’s Hester Peirce for a timeline on bringing clarity to crypto-regulations

Ripple’s Asheesh Birla requests SEC’s Hester Peirce for a timeline on bringing clarity to crypto-regulations

Cryptocurrency regulations in the U.S. have been nothing but tough for both the SEC and the companies working on cryptocurrencies. Companies like Ripple, whose products involve the usage of ...

PayPal’s new mobile payments app may take the fight to Ripple

PayPal’s new mobile payments app may take the fight to Ripple

Many big-league players have started sorting through improved alternatives for fiat and cryptocurrency transactions. Recently, PayPal followed suit by launching its own mobile payments app, ...

Facebook’s Libra is the ‘money to go along with the internet’ and it ‘excites me,’ says SEC’s Hester Peirce

Facebook’s Libra is the ‘money to go along with the internet’ and it ‘excites me,’ says SEC’s Hester Peirce

Hester Peirce aka Crypto Mom, spoke at Fortune’s Brainstorm tech event recently, explaining her views about regulations for cryptocurrencies and the approach taken by her peers at the SEC. T...

Shark Tank’s Mr. Wonderful is positive about Libra and long on Facebook

Shark Tank’s Mr. Wonderful is positive about Libra and long on Facebook

Ever since Facebook released Libra’s whitepaper, governments across the world, including the U.S. government, have got their knickers in a knot. This could be due to Facebook’s history with ...

Binance’s CZ hints at targeting South Korea, Senators unleash hell on Facebook’s Libra and more

Binance’s CZ hints at targeting South Korea, Senators unleash hell on Facebook’s Libra and more

Crypto News – 17 July – Binance’s CZ hints at targeting South Korea, Senators unleash hell on Facebook’s Libra and more Don’t forget to follow us for our daily videos#Facebook #libra #facebo...

Are BNB’s gains and XRP’s losses a reflection of the market demanding rational, transparent monetary policies?

Are BNB’s gains and XRP’s losses a reflection of the market demanding rational, transparent monetary policies?

On the road to create the perfect cryptocurrency that records the highest adoption rates, some players have gone off track from its foundational “transparent” upbringing. This was duly noted...

Monero, ZCash record growing acceptance on dark web merchant sites; Bitcoin rules the roost

Monero, ZCash record growing acceptance on dark web merchant sites; Bitcoin rules the roost

Bitcoin’s popularity on the dark web net is no secret, with cryptocurrencies focused on anonymity and privacy recording growing acceptance in its shady underbelly. The growing use of privacy...

Huobi Announces New Stablecoin

Huobi Announces New Stablecoin

Starting Thursday, cryptocurrency exchange Huobi will be upgrading their current HUSD solution, transitioning it from a stablecoin basket to a new, USD-pegged stablecoin, HUSD Token. HUSD To...

Arthur Hayes is the father of all censors; operates in the shadow of laws & regulations, says Dr. Doom

Arthur Hayes is the father of all censors; operates in the shadow of laws & regulations, says Dr. Doom

Everything that has been discovered or invented, from the discovery of fire by early humans to the invention of the Atomic Bomb and Bitcoin, everything has two sides to it. Everything has a ...

Tables turn as XRP’s ‘chosen one’ voices concerns about XRPL decentralization

Tables turn as XRP’s ‘chosen one’ voices concerns about XRPL decentralization

XRP and Ripple have always been known to have an active community, on and off Twitter, with community members looking forward to the success of its ecosystem. The community seems to be putti...

Jamie Dimon doesn’t think too much of Facebook’s Libra; setting the stage for JPM Coin?

Jamie Dimon doesn’t think too much of Facebook’s Libra; setting the stage for JPM Coin?

Is Libra the opening act for the JPM finale? Jamie Dimon likes to think so. With the amount of hype Libra has gathered in less than a month, you would think this is the first time a corporat...

Bitcoin SV’s transaction count seems to be ‘under the weather’ since 94% transactions came from one source

Bitcoin SV’s transaction count seems to be ‘under the weather’ since 94% transactions came from one source

It looks like Bitcoin SV weathered the storm a little too well. Bitcoin SV is that one coin that you often forget about when recounting the top 10 cryptocurrencies in the market, and for goo...

Libra’s Swiss detour: FDPIC claims to have not been contacted by ‘promoters of Libra’

Libra’s Swiss detour: FDPIC claims to have not been contacted by ‘promoters of Libra’

Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking...

For each U.S dollar in BTC spent on the darknet, $800 is laundered, says report attacking Steven Mnuchin’s claims

For each U.S dollar in BTC spent on the darknet, $800 is laundered, says report attacking Steven Mnuchin’s claims

Following the crypto-focused briefing by the U.S Treasury Secretary, many have drawn conclusions that best fit their financial interests. But, with Steven Mnuchin linking Bitcoin to enabling...

Bitcoin’s price is taking a sharp U-Turn; where have all the Libra bulls gone?

Bitcoin’s price is taking a sharp U-Turn; where have all the Libra bulls gone?

Detour ahead. After enjoying a bullish few weeks during which Bitcoin rode into five-figure heaven on the back of Libra bulls, Bitcoin has endured a rude awakening. Regulation was always goi...

Bitcoin falls below $9,500 as Libra’s Senate hearing has ripple effect on cryptocurrency market

Bitcoin falls below $9,500 as Libra’s Senate hearing has ripple effect on cryptocurrency market

It was less than a month ago that Bitcoin enthusiasts and the larger cryptocurrency market were lauding Libra as a catalyst to the ensuing bull-run. However, good times were never going to l...

United States’ House Minority Leader says he likes Bitcoin; fears Libra’s illusion of decentralization

United States’ House Minority Leader says he likes Bitcoin; fears Libra’s illusion of decentralization

Gone are the days when Bitcoin was only discussed on bitcointalk.org between a few hundred people, or on Reddit where the discussion would eventually become an excuse for skeptics to diss on...

Ethereum Classic presents roadmap to improve DApp development and overall infrastructure

Ethereum Classic presents roadmap to improve DApp development and overall infrastructure

Experts of the cryptospace are making use of DApp services to simplify the entire blockchain process. Along these lines, Ethereum Classic’s [ETC] core development team has put forth an initi...

Vitalik Buterin proposes Ethereum Classic blockchain as criticism over considering BCH grows

Vitalik Buterin proposes Ethereum Classic blockchain as criticism over considering BCH grows

Ethereum ran into scalability difficulties, processing only 15 transactions per second [TPS]. Despite the much-hyped 2.0 version, which was all set to roll out next year, Vitalik Buterin had...

Fear-1, FOMO-0: Cryptoverse exhibits telltale signs of an investment hiccup

Fear-1, FOMO-0: Cryptoverse exhibits telltale signs of an investment hiccup

The cryptoverse has again found itself at the crossroads of falling market capitalization and sideways price movements, giving birth to a new wave of mixed emotions across the cryptocurrency...

Bitcoin’s long-term sentiment bullish, despite present market scenario screaming bearish struggles

Bitcoin’s long-term sentiment bullish, despite present market scenario screaming bearish struggles

If a newbie without any prior information about Bitcoin enters the cryptospace right now, he would probably take one step back, turn and sprint away from the community. While Bitcoin has bee...

Canadian town partners with Coinberry to provide residents the option of paying municipal taxes in Bitcoin

Canadian town partners with Coinberry to provide residents the option of paying municipal taxes in Bitcoin

Canadian digital currency platform, Coinberry, has partnered with the city of Richmond Hill to provide residents a choice of paying their municipal taxes in Bitcoin. On July 10, Richmond Hil...

Libra Hearing: 'Toddler With Matches and the Game of Trust'

Libra Hearing: 'Toddler With Matches and the Game of Trust'

On Tuesday, Republican and Democratic Senators were grilling social media giant Facebook over its plans together with at least another 27 partners to launch the Libra project. “Facebook has...

Banks, financial institutions unlikely to disappear despite disruption by digital assets

Banks, financial institutions unlikely to disappear despite disruption by digital assets

The cryptocurrency landscape has always been closely scrutinized, with its cons highlighted by several lawmakers across the world. While conceptualized as a decentralized alternative to main...

‘Panic Selling’ unfolds as major crypto-exchanges record massive Bitcoin outflows

‘Panic Selling’ unfolds as major crypto-exchanges record massive Bitcoin outflows

It has been a week to forget for the cryptocurrency ecosystem as the market cap of virtual assets collectively witnessed a major slump. Since July 10th, the market has recorded a collapse of...

How US Congress Can Make Stablecoins and Libra Irrelevant

How US Congress Can Make Stablecoins and Libra Irrelevant

It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and gov...

U.S Treasury Secretary’s briefing a pleasant surprise for Bitcoin after it surged by 5% in an hour

U.S Treasury Secretary’s briefing a pleasant surprise for Bitcoin after it surged by 5% in an hour

Everyone enjoys a nice surprise. However, it won’t be surprising if Facebook and Libra have a different outlook on “surprises” at the moment. Over the span of 7 days, Libra has faced dire cr...

Will Libra’s example finally persuade U.S. regulators to embrace the digital assets realm?

Will Libra’s example finally persuade U.S. regulators to embrace the digital assets realm?

Libra’s regulatory mess is only getting started. In the past week, United States’ Federal Reserve Chair, Treasury Secretary and even the President have come out in vocal opposition to Libra....

Has the correlation between XRP/BTC and XRP/USD been severed?

Has the correlation between XRP/BTC and XRP/USD been severed?

Most altcoins tend to be correlated with Bitcoin. Sudden price movements will cause smaller altcoins paired with Bitcoin to do the same, which can be a boon and a bane for the project. XRP i...

XRP hovers below its December 2018 price; has the bull rally left it behind?

XRP hovers below its December 2018 price; has the bull rally left it behind?

Numbers and statistics define and explain almost everything we need to know in the financial landscape. For example, 2019 has been collectively accepted as a bullish year for the cryptocurre...