At long last, Facebook’s inaugural consumer-facing Bitcoin-related (albeit remotely related) project is upon us. To be announced on Tuesday morning, Libra (Reserve) is slated to be a stablecoin tied to a basket of traditional assets, presumably ensuring it is nothing like other crypto assets. Joining the social media giant in this venture are star massive…
When it comes to the top ten cryptocurrencies by market cap, few of the frontrunners of the emerging asset class have performed as poorly as XRP – the crypto token often referred to as Ripple. Since bear market lows were set in most digital assets, they’ve since gone on to surge as much as 300%…
Total crypto market capitalization is back at its 2019 high as Bitcoin maintains gains and grinds slowly higher. There is a lot of resistance approaching, however, and analysts are starting to wonder when the next altseason will start to kick in. Bitcoin Grinds Higher BTC has been slowly grinding higher over the past 24 hours,…
Crypto markets reach 2019 high; Bitcoin still in charge, XRP and BNB pumping, LTC retreating slowly. Crypto markets have reached their highest level since July 2018 in terms of market capitalization. The momentum has come from Bitcoin hitting another 2019 top, and Ripple’s XRP pumping on a new partnership announcement. Bitcoin has been grinding higher…
A Polish bank has bucked the trend of companies and institutions experimenting with blockchain technology using private, permissioned ledgers. Warsaw-based Alior will reportedly use the Ethereum public blockchain to build a system to let customers check the authenticity of documents they receive from the bank. By using a completely permissionless, public blockchain, the Alior authenticator…
The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow. Prior to this announcement, multiple major analysts at global banks have shared their thoughts on what Libra could mean for both the company itself and for the…
Bitcoin is back above $9,300 again after the price pumped from just over $9,000 at the start of today to its current level of around $9,325 at the time of writing. Interestingly, despite today’s price surge, interest in the number one crypto asset by market capitalisation appears to be down on popular search engine Google.…
Since Bitcoin price left its bear market lows, the first ever cryptocurrency has been seemingly unstoppable, shocking everyone with its resilience in the face of FUD, powerful resistance, and oversold indicators. For weeks now, crypto analysts have been calling for the “top” of the rally but the expected correction never arrives. Even a massively bearish…
Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity. And as a result, many have looked to Bitcoin and its brethren…
Bitcoin’s epic weekend pump has continued into Monday as gains are holding. BTC is still above $9k but has hit resistance once again. Analysts and traders are looking for its next move and some are now eyeing altcoins for bigger gains. Bitcoin surged through resistance yesterday to record a new 13 month high of just…