News and Articles by Diana


Facebook hires more lobbyists to boost Libra

Facebook hires more lobbyists to boost Libra

by

A couple of extra lobbyists are selected by Facebook to support the corporation win over congressmen warnings to stymie the launch of its crypto coin. Head of Hollier Associates LLC William Hollier started lobbying for the social media giant on issues related to blockchain policy in late August. He...

JPMorgan worries that cryptos like Libra may face ‘Gridlock’

JPMorgan worries that cryptos like Libra may face ‘Gridlock’

by

As to JPMorgan Chase & Co. stablecoins which are built to bypass the massive changes of BTC and ETH, could break functioning normally in pressure periods. Joshua Younger said leaning on his analysis that the cumulative cost of all existing stablecoins is not surpassing $5 billion, the...

Fewer people are sending BTCs to largest crypto exchanges

Fewer people are sending BTCs to largest crypto exchanges

by

The statement that more people are using cryptocurrencies may be wrong. According to information provided by Token Analyst, fewer people have been sending Bitcoin to the largest exchanges in these months. The data trecker company found out that after reaching a peak in 2017 when there was a huge...

Love of Fred Wilson for Ethereum may upset him

Love of Fred Wilson for Ethereum may upset him

by

It’s supposed that Fred Wilson, co-founder and managing associate at Union Square Ventures, may upset because of his former favourites in the crypto field: Ethereum. In 2017 Wilson announced that Ether is going to transcend the price of BTC by the end of that year. But as we all know now it never...

Burundi bans cryptocurrency trading

Burundi bans cryptocurrency trading

by

Recently all cryptocurrency trading actions were forbidden in Burundi. The authorities assure that these actions are provided to protect cryptocurrency users of problems. As to Alfred Nyobewumusi, an executive at the central bank’s micro-finance office, many of Burundians lost funds while trading...

VanEck, SolidX offer investors an ETF-like Bitcoin product

VanEck, SolidX offer investors an ETF-like Bitcoin product

by

SolidX Management LLC and VanExk Securities Corporation requested the US Securities and Exchange Commission for more than a year to have an approval on the exchange-traded fund, which would invest in Bitcoin. All the attempts were unsuccessful, and now the duo has discovered a workaround for huge...

The narrow trading range of Bitcoin is a sign of raising

The narrow trading range of Bitcoin is a sign of raising

by

Bitcoin raised over $10000 this week and technical measures provided by various analysts are showing some positive signs. Now the leading cryptocurrency is within its 50- and 100-day moving averages and this indicates in it in a narrow range. A key level is $10714 and breaking above this number...

Telegram is testing an Ethereum-compatible blockchain

Telegram is testing an Ethereum-compatible blockchain

by

Telegram Open Network the most foreseen project of the famous messenger app is being openly tested. It’s declared that TON is going to be designed so it can adapt to Ethereum. This option is going to facilitate users porting smart contracts into the innovative system. Telegram is one of the fast...

Alex Reinhardt founder of ELVN to launch an IEO at CoinsBit

Alex Reinhardt founder of ELVN to launch an IEO at CoinsBit

by

A blockchain startup ELVN messenger, which is planning to hold the third IEO round on Coinsbit on September 25, 2019, sets out to restore trust in messengers. Social media and messengers are among the most maligned phenomena of the decade, more so than TV ever was. Research points to the alarming...

Vestager says Libra rouses EU antitrust interest

Vestager says Libra rouses EU antitrust interest

by

EU Competition Commissioner Margrethe Vestager said that Libra digital currency is going to be a centre for antitrust and economic governors soon, affirming an early-level examination into how the modern payment system is going to run. Vestager informed journalists in Copenhagen that from both...

Bitcoin trading and payments are now tax-free in Portugal

Bitcoin trading and payments are now tax-free in Portugal

by

As it was reported on August 27, the tax authority of Portugal has affirmed that and crypto trading and crypto payments won’t be taxed in their country. According to information published by Portuguese Jornal de Negócios on August 26, the authority has approved that cryptocurrency activities and...

Bitcoin mining revenue reached the top of $14 billion

Bitcoin mining revenue reached the top of $14 billion

by

Bitcoin mining profits approach its all-time high - $14 billion, according to information provided by Coin Metrics. Even when the BTC mining hash speed has been rising and this was making mining less valuable, miners of the leading coin are still receiving more than ever. It lasted eight years...

Parking app gives drivers a cut of the data they trade

Parking app gives drivers a cut of the data they trade

by

At the beginning of the year, automotive supplier Continental revealed a telematics platform, which collects data on the blockchain - and this move would give drivers more control over the data the manufacturer might share with third parties. Data Monetization Platform (DMP) eases the process of...

Binance announced it’ll handle regulators better than Libra

Binance announced it’ll handle regulators better than Libra

by

One of the leading crypto exchanges said that the push back of Libra coin taught it a good lesson. And that it will take different strategy as it works on a rival project. Binance platform is ready to engage with all regulators from day one as it plans to roll out its Venus digital currencies. The...

Crypto break prompts a guessing game as BTC breaches $10000

Crypto break prompts a guessing game as BTC breaches $10000

by

Cryptocurrencies fell unexpectedly in afternoon trading on Wednesday, pushing a guessing game of potential catalyst among enthusiasts and investors. The cost of Bitcoin fell below $10000 for the first time since July. The leading digital token fell as much as 5.6%, before trading at $9686 as of...

Novogratz talks about the situation and preaches patience

Novogratz talks about the situation and preaches patience

by

Investor and billionaire Michael Novogratz thinks that Bitcoin is getting prepared for its next leg up. CEO of Galaxy Digital Holdings Ltd. told he supposed it’s when institutions start coming in and that the bigger adoption by mainstream corporations takes longer than many thinks, but they’re...

Crypto lobby attempts to contain backlash from Libra coin

Crypto lobby attempts to contain backlash from Libra coin

by

Facebook’s Libra is already in the centre of the study of governors and lawmakers. Other crypto backers are worried and presently are struggling to guarantee the fusillade doesn’t take them down, too. Crypto lobbyists are attempting to persuade lawmakers that efforts to reduce or stop Libra...

Court Instructs Craig Wright to fork over $4 billion

Court Instructs Craig Wright to fork over $4 billion

by

A judge ruled that the person who pretends he developed Bitcoin introduced false reports and lied in a legal dispute with the estate of his ex-partner, adding that Craig Wright has to surrender over $4 billion of the cryptocurrency. U.S. Magistrate Judge Bruce Reinhart in West Palm Beach, Florida,...

See all cryptocurrency and blockchain news and articles by Diana