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While Libra Partners in Doubt, Newcomers ‘Flooding’ the Project


While Facebook's Libra project claims there is “a flood” of interest in it, at least several of its partners appear to be more cautious. The new coin, which has made headlines ever since it was announced last week, is touting the strong line-up of 28 founding members who have signed up to work...

Bitcoin Targets USD 13,000, Altcoins May Gain Bullish Momentum


In the past two sessions, there was a strong rise in bitcoin price above the USD 12,000 resistance level. BTC/USD gained more than 10% and even surpassed the USD 12,500 and USD 12,800 levels. It traded to a new 19-month high near USD 13,000, with a positive bias. Similarly, there was a strong...

Holidayers to Be Wooed by Crypto Giveaways, Investors - by Derivatives


Online Bitcoin reward shopping app Lolli has partnered with travel site Hotels.com – adding to a list of travel partners that already includes hotel groups Hilton and Marriott, as well as sales sites Booking.com, Hotwire, AirBnB rival VRBO and Priceline. Customers making purchases made via...

Parabolic Bitcoin Rally Prompts Warnings


The most popular cryptocurrency, bitcoin continues its rally, surpassing the USD 12,000 and USD 13,000 marks, approaching USD 14,000 in one day and prompting analysts to warn investors. (Updated on 19:42 UTC with the latest market data.) Moreover, bitcoin dominance, or the percentage of the total...

Libra May Spark the G20 Crypto Debate Japan Has Been Craving


Japan's Prime Minister Shinzo Abe. The G20’s financial regulator says Facebook’s Libra project could lead the G20 to “take a closer look at cryptocurrencies” – playing into the hands of the Japanese government. The G20’s Financial Stability Board (FSB) coordinates economic rules for member...

Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit


In what amounts to a particularly heart-warming example of the power – and responsibilities – of decentralization, Synthetix founder Kain Warwick announced that an error that netted one legitimate user over $1 billion in profit has been fixed and that the user rolled back all...

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