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American Lawmakers Want Facebook to Put Brakes on Libra


Source: iStockPhoto/Natali_Mis Facebook’s Libra token is already facing a legal threat, with senior American parliamentarians asking the social network to cease “momentum going forward” while they probe the project – and take their fight to the greater cryptocurrency industry. Per an official...

First Impressions on Libra: Enthusiasm Prevails, Concerns Remain


The cryptoworld is in an uproar after social media giant with more than 2 billion users, Facebook, introduced Libra and Calibra projects to the world, which are supposed to come next year. Though opinions on Facebook itself truly vary, and many do not support the company, its policies, or the lack...

Roger Ver: Claims that BCH is on 'Brink of Collapse' are 'Fake News'


Roger Ver. Source: a video screenshot, Youtube, Bitcoin.com After some members of the cryptoland started to speculate that Bitcoin Cash (BCH) is "on the brink of the collapse and developer coup is under way", Roger Ver, the main proponent of BCH replied that it's "fake news." According to claims...

Facebook Announced its Libra Project


Today, 28 organisations from around the world announced plans for Libra, "a global, reserve-backed digital currency that people can use for their everyday needs on the Libra network, a new more inclusive financial ecosystem", powered by blockchain technology, social media giant Facebook said...

Bitcoin and Altcoins Dips Remain Attractive


After a successful close above USD 9,000, bitcoin price climbed further. BTC/USD broke the USD 9,200 resistance level and recently traded above the USD 9,400 level. However, it failed to continue higher and started a downside correction below USD 9,200. Similarly, there were corrective moves...

Binance CEO: We Don't Know Whether BNB Will be Listed on Binance.US


Changpeng Zhao, CZ. Major cryptocurrency exchange Binance does not know yet whether its native token, Binance Coin (BNB), is going to be listed on their U.S. based trading platform Binance.US, said CEO of the exchange Changpeng Zhao. "We'll work very hard to try to get BNB listed on Binance.US....

XRP Jumps on Ripple and MoneyGram Strategic Partnership News


XRP, the native token of Ripple, jumped by c. 7% on the news that Ripple strengthens its partnership with major money transfer company MoneyGram. However, later, the price corrected lower and is now up by almost 4% in the past 24 hours (04:27 UTC). XRP price chart: The California-based blockchain...

Binance Aims to Have at Least Two Exchanges per Continent


Major cryptocurrency exchange Binance aims to have at least two fiat to crypto exchanges in every continent, Ted Lin, Chief Growth Officer of the company, tells Cryptonews.com. According to him, in terms of priority, Binance prefers to go to places “where there is no existing, effective,...

Coinbase, Kraken, Huobi and Others Meeting G20 for Crucial Debate


Source: G20, Instagram Executives from major crypto companies such as Circle, Coinbase, bitFlyer, Kraken and Huobi are among those going to meet representatives of the Group of 20 (G20) major economies in order to defend their trading business from a new data gathering rule. The event, billed...

Crypto Market Sentiment Improved Over the Week


We find the crypto market sentiment measure, SentScore, at 5.29 this Monday, which is better than 5.03 seen this time last week, but still not reaching its 5.66 score from two weeks ago, according to Omenics , a crypto market sentiment analysis service. As it became a standard over the past...

International Giant Broker Turns to Bitcoin


Source: TP ICAP, Instagram Major broker in the global financial markets, TP ICAP, has officially entered cryptoworld by expanding their services and becoming an intermediary between clients who want to trade Bitcoin futures. The broker has been looking into Bitcoin for a while now. As Financial...

US Companies Dominate Blockchain Patents Top 10


Nine American companies are among the world’s top 10 blockchain patent acquirers, as big businesses and startups from the United States look to make advances in the technology underpinning most cryptocurrencies. According to a survey of a total of 11,134 blockchain patents from German IP analyst...

Bitcoin and Altcoins Remain Supported for More Gains


This past week, there were steady gains in bitcoin and altcoins. BTC/USD broke the key USD 8,500 and USD 8,800 resistance levels. As a result, there were further gains above USD 9,000 and USD 9,200. The price traded close to USD 9,350 and it remains well supported for more gains in the coming days....

S Korean Exchange Joins Ripple’s Cross-border Payment Network


South Korean cryptocurrency exchanges are looking to expand the scope of their activities – with one of the country’s market leaders joining Ripple’s Asian blockchain pay project. Coinone, one of the nation’s “big four” exchanges has announced that it is to join SBI-Ripple Asia, an international...

Crypto Trading Getting More Difficult in the U.S., What Can Be Done?


Two U.S.-based exchanges have recently announced the delisting of several cryptocurrencies for U.S. customers supposedly in response to the regulatory uncertainty pertaining to what cryptoassets will be considered as securities and which ones will not by the country’s financial regulator....

How Blockchain Could Help Rural South Africa Turn Sunshine Into Income


Solar has lit up remote communities. The next step is to link these communities to an energy market. Shutterstock The way energy is produced and distributed is changing rapidly as the industry moves away from carbon-based energy production. Technological development in...

Bitcoin Leads Weekend Crypto Rally, Jumps Above USD 9,000


Source: iStock/da-kuk A steady growth over the weekend, pushed bitcoin price above the USD 9,000 level, while majority of other largest coins by market capitalization are registering smaller gains. Bitcoin crossed USD 9,000 on Sunday morning and is now (4:55 UTC) trading at around USD 9,010....

Ahead of the Facebook Coin Announcement: How it May End Up?


After months of speculation and rumour, not only the cryptoworld is waiting for the next week when social media giant Facebook is estimated to announce its new payments system and digital token. Some reports claim it might happen on June 18. However, the coin itself might be launched in a dozen...

Of Crypto and Men: 20 Crypto Jokes


This was a week of opposites in the cryptoworld, maybe more so than usual. Everybody has taken a side in the crypto argument, only the Burning Sun scandal is indiscriminately all-encompassing and ever-growing. As a Mexican exchange makes a last-minute plea to stop tough fintech regulations, FATF’s...

Tax Agency: ‘Risk of Crypto Tax Non-compliance Is High in Canada’


The Canada Revenue Agency (CRA), the country’s leading tax authority, has suggested that cryptocurrency taxation clampdowns are on their way. The agency hinted that individuals and businesses across the country will need to fall in line with compliance regulations – or potentially face...

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