FACEBOOK TO LAUNCH DIGITAL WALLET IN WAKE OF LIBRA CRYPTO
In the wake of Facebook announcing that they are soon to launch their very own Cryptocurrency, dubbed Libra, it has now unveiled their latest plan to create a new digital currency wallet and financial system, in the hope to transform the way money is moved around globally. Since news broke about Facebook’s cryptocurrency, Libra, many big name global companies are standing strong behind the project. Partners include payment companies such as Visa, Stripe, PayPal and Mercado Pago. Among the tech companies these include eBay, Lyft, Uber and Spotify. The new digital wallet, named Calibra, will be initiated for its users …
BTC SET TO HIT HIGHS WE HAVE NEVER SEEN BEFORE
This month we have witnessed the price of Bitcoin (BTC) skyrocket, touching the $11,000 mark in a 15-month high. But do not hold your breath for it has been predicted that once BTC was able to push past this resistance level, we will see price highs like we have never seen before. Crypto Trader and well-known Bitcoin Bull, Josh Rager, is just one analyst that is predicting the price of Bitcoin will rise from here on in. In a tweet from Rager, posted on June 22nd 2019, he stated, “$BTC is likely to hit $60k+ this coming uptrend … And …
LIBRA WILL INTRODUCE BILLIONS OF NEW USERS TO THE WORLD OF CRYPTOCURRENCY
With the introduction of Facebook’s new cryptocurrency, Libra, soon to hit the market in the first half of 2020, it is inevitable that billions of new users will be introduced to the world of cryptocurrency. Facebook has been working consistently over the past year developing the new cryptocurrency, which will be managed by a non-profit association with ongoing monetary support from a variety of big name companies and organisations. It has been suggested that Libra will leverage Facebook’s 2.7 billion users monthly into the cryptocurrency arena, bringing digital currency into the mainstream. Head of research at Blockchain, Garrick Hileman, said …
BTC – HAIL THE NEW CURRENCY
Bitcoin (BTC) has a unique nature that puts it far above any other currency types on the market, especially the unstable and unreliable fiat currencies currently in circulation. BTC is the currency of the modern age, and as we have seen before in the histories of monetary usage and reliability, it is a great alternative to what is currently available. Throughout history we have expanded, explored and moved with the times and we have seen the evolution of money change dramatically, and for the better. We moved from the barter trade to gold, through to the metal coin and onto …
US FINANCIAL SERVICES COMMITTEE REQUESTS HALT ON FACEBOOK’S CRYPTOCURRENCY
In the latest development of Facebook’s cryptocurrency, Libra, the United States House of Representatives’ Financial Services Committee Chairwomen, Maxine Waters, has requested that Facebook put a halt to the development of its cryptocurrency. Waters, in a statement provided, explained, “Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement on developing a cryptocurrency until Congress and regulators have the opportunity to examine these issues and take action.” What has bought this decision to light by the Financial Services Committee is unclear for now. However, we do expect further information to come to light …
BTC IN A BETTER POSITION NOW THAN IN 2017 – HERE IS WHY
Bitcoin (BTC) has yet again smashed through the $9,000 threshold and all indicators are strongly suggesting that we are at the beginning of the next significant Bull Run. The last time Bitcoin hit $9,000 and above was back in November 2017, when we saw the price ultimately hit a record all time high of around $20,000 USD per coin. Investors were in a good position back then and now the coin is set to be in an even better position than it was in 2017, and here is why. Big Businesses Want To Get Involved Since 2017 to current day …
BIG BACKERS ARE BEHIND FACEBOOK’S CRYPTOCURRENCY, LIBRA
We are all aware of the hype around the upcoming launch next year, 2020, of Facebook’s new cryptocurrency, Libra, but what does it actually mean for the cryptocurrency arena, and will it be successful? In the latest news from over the weekend, it has been confirmed that Visa, MasterCard, PayPal and Uber are among only some of the major firms that will invest in the cryptocurrency. It has been announced that the financial, e-commerce, venture capitalists and telecommunications firms will invest around $10 million each. The money invested by the companies will be used to fund the creation of the …
SPEND YOUR CRYPTO WITH YOUR COINBASE VISA CARD
Coinbase, one of the largest US-based cryptocurrency exchange platforms has launched its Visa debit card into six new European countries. As of June 11th 2019, Coinbase Visa Debit Card holders in Spain, Germany, France, Italy, Ireland and the Netherlands will be able to use their Visa cards, which syncs directly to their Coinbase accounts. The Coinbase visa card will allow its users to spend their cryptocurrencies at any merchant that accepts Visa cards. Giving the user the option to use any cryptocurrency of their choice. UK Coinbase CEO, Zeeshan Feroz has commented on the service explaining, “You can buy groceries …
MCAFEE FREEDOM COIN – SET TO LAUNCH FALL 2019
Globally renowned crypto enthusiast, Bitcoin (BTC) bull and founder and CEO of well-known antivirus software technology, John McAffee has announced that he is set to release his very own independent cryptocurrency, named ‘McAfee Freedom Coin’. According to his website, the coin will be launched in the fall of 2019 in the hope it will reach “the Holy Grail of cryptocurrency – economic freedom.” McAfee has described this new cryptocurrency in a recent post, “What is needed is a coin disconnected from fiat currencies and from other Cryptocurrencies alike – a coin with zero cash-in value, yet accepted universally. It is …
US & JAPAN TOP 2 GLOBAL CRYPTO CONTRIBUTORS
According to the latest research undertaken on May 31st by The Block, the United States and Japan are the top two countries contributing traffic to cryptocurrency exchanges. The study showed that 24.5 percent of all exchange traffic originates in the United States, with Japan coming in second place at 10 percent of the total traffic. South Korea followed closely behind in third place, accounting for 6.5 percent of exchange web users. It was also concluded in the study that China, whose population has a very strong interest in investing and trading in Cryptocurrencies could have skewed the results. This being …
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