Tag Archives: cryptocurrency

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

Given how slowly Washington lawmakers have taken to devise a coherent, informed view of cryptocurrency, the Chair of the House Financial Services Committee’s rapid leap to action last week over Facebook’s ambitious Libra project was remarkably fast. But let’s reflect not on the details of Rep. Maxine Waters’ (D-Calif.) urgent requests that  Facebook to cease work […]

EVERYTHING YOU NEED TO KNOW ABOUT FACEBOOK CRYPTOCURRENCY

EVERYTHING YOU NEED TO KNOW ABOUT FACEBOOK CRYPTOCURRENCY

Fifteen years ago when Mark Zuckerberg and Eduardo Saverin created what would become Facebook, it would have been difficult to picture just how powerful that project would eventually become. When Facebook opened its doors to the public in 2006 and began its journey in the shadows of social networks like Hi5 and MySpace, there wasn’t the slightest […]

Facebook Co-founder Says Regulatory Scrutiny of Libra Must be ‘Exhaustive’

Facebook Co-founder Says Regulatory Scrutiny of Libra Must be ‘Exhaustive’

Chris Hughes, one of the original five Harvard friends and roommates who co-founded Facebook, has weighed in on the controversial Libra cryptocurrency debate with a scathing critique on corporate ethics. In a commentary article in Friday’s Financial Times Hughes admits he is a cryptocurrency sceptic and that he – like many central bankers around the world – […]

RavenCoin Price Analysis RVN / USD: Phoenix Rising

RavenCoin Price Analysis RVN / USD: Phoenix Rising

Fundamental Analysis RavenCoin has surged after the project has announced listing on the Crypto.com. Users will be able to purchase RVN using bank transfers and credit cards, which should increase the adoption and liquidity of the coin. RavenCoin / USD Short-term price analysis RavenCoin has a bullish short-term outlook, with the cryptocurrency still trading above major technical support on […]

BITCOIN TO $40K IN THE NEXT FEW MONTHS, SAYS TOM LEE

BITCOIN TO $40K IN THE NEXT FEW MONTHS, SAYS TOM LEE

BITCOIN AT $10,000 WILL TRIGGER MASSIVE FOMO According to Bloomberg, Tom Lee expects bitcoin to go as high as $40,000 within the remainder of 2019. The Fundstrat co-founder and chief analyst conveyed his forecast in a note to clients issued on Monday (June 17, 2019). For Lee, FOMO-driven hype will fuel BTC’s 400% price climb causing the top-ranked cryptocurrency to […]

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

LONDON (Reuters) – When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it’s entering the establishment its creators sought to subvert. As the cryptocurrency has surged in value bigger investors, from trading firms to hedge funds, have […]

Crypterium Introduces Global Crypto Payments Card

Crypterium Introduces Global Crypto Payments Card

Crypterium – a financial technology startup based in Estonia — launched the Crypterium Card, the first crypto card available globally. Prior to this launch, crypto cards, such as the Coinbase Card, were only accessible in specific countries or by region, according to the company. Coinbase recently announced it would roll out services to six additional European countries […]

COMBINING BLOCKCHAIN AND 5G: OBSTACLES AND OPPORTUNITIES

COMBINING BLOCKCHAIN AND 5G: OBSTACLES AND OPPORTUNITIES

WHAT IS BLOCKCHAIN TECHNOLOGY? As far as emerging technologies go, blockchain technology has arguably generated more buzz than any of the others. In its short time underpinning several cryptocurrencies and decentralized applications, this database platform has garnered the attention of various industry leaders, policymakers and large organizations willing to invest in its development. As an example, IBM already has […]

Congressman Budd Defends Blockchain in Testimony to House Ways and Means Committee

Congressman Budd Defends Blockchain in Testimony to House Ways and Means Committee

North Carolina Congressperson Ted Budd highlighted two bills he hopes will receive bipartisan support, The Cryptocurrency Tax Fairness Act and the Virtual Value Tax Fix of 2018, while speaking at the U.S. House Ways and Means Committee on June 4. During his testimony, Budd called the development and protection of the domestic blockchain industry an issue of […]