Libra's pros, cons must be rightly weighed: Deutsche Bundesbank President

2020-1-3 16:16

President of the Deutsche Bundesbank Jens Weidmann recently called on banks to come up with cheaper and faster methods for money transfers to counter Facebook's stablecoin, Libra. However, that wasn'tThe post Libra's pros, cons must be rightly weighed: Deutsche Bundesbank President appeared first on AMBCrypto.

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Russia to Ban Facebook if US Blocks Libra Cryptocurrency

A Russian government official says the nation will ban Facebook if the US decides to block the company’s Libra cryptocurrency. Putin Aide: Ask US About Libra Speaking to reporters on Oct. 22, Dmitry Peskov, President Vladimir Putin’s special representative for IT confirmed his official position on Libra, as well as Telegram’s prospective cryptocurrency, Gram.

2019-10-22 15:00


Dallas Fed Reserve President Weighs In On Releasing A Digital Currency As A Hedge For Dollar Value

Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […]

2019-10-17 18:43


Facebook’s Libra is a “Threat to Currencies,” Marcus Treahcer, Ripple VP of Customer Success

One major flaw with Facebook’s plan to create a digital currency, according to Marcus Treacher, Ripple’s senior vice president of customer success, says is that it is a “walled garden.” The term that means a closed system has been applied to top companies like Facebook (FB) and Apple (APPL) in reference to the control they […]

2019-9-29 04:48


Trump’s Libra Slam May Have Kneecapped Facebook Stock

In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can’t Shake the Trump Dump Facebook stock has remained trapped in a holding pattern since Trump gave Mark […] The post Trump’s Libra Slam May Have Kneecapped Facebook Stock appeared first on CCN Markets

2019-7-28 20:38


XRP And Libra, Friends or Foes?: Ripple CEO Brad Garlinghouse Weighs In, Also Addresses Bank Of America’s Patent

Brad Garlinghouse, Ripple Labs CEO, has in the past not shied away from expressing his opinions about the crypto-space. Following the infamous tweetstorm by the US President and the disdain comments made by the US Treasury Secretary Steven Mnuchin about bitcoin and Libra, Brad responded via a series of tweets.

2019-7-24 11:40


Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto

Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto.

2019-7-17 23:27


U.S Treasury Secretary’s briefing a pleasant surprise for Bitcoin after it surged by 5% in an hour

Everyone enjoys a nice surprise. However, it won’t be surprising if Facebook and Libra have a different outlook on “surprises” at the moment. Over the span of 7 days, Libra has faced dire criticism from not just many in the cryptocurrency community, but also the President of the United States, and the Chairman of the […] The post U.

2019-7-16 17:00


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Why Ethereum's DEX volume fell, and how it impacts your ETH holdings

Ethereum’s DEX volume cratered to its lowest level since February. This was due to the general decline in demand for the network. Daily trading volume on Ethereum’s [ETH] decentralized eThe post Why Ethereum's DEX volume fell, and how it impacts your ETH holdings appeared first on AMBCrypto.

Solana congestion continues despite 'normalcy' claims - What's going on?

Solana's transaction confirmation time rose to 10–20 seconds as of this writing. SOL slipped below $150, following a 7% drop in the last 24 hours. A prominent member of Solana [SOL] develoThe post Solana congestion continues despite 'normalcy' claims - What's going on? appeared first on AMBCrypto.

Ethereum starts to rally post Bitcoin halving: Key insights

ETH has risen 6% since the halving day. The total number of accounts longing ETH on Binance rose since halving. Bitcoin [BTC] halving seemed to have exerted significant upward pressure on EtThe post Ethereum starts to rally post Bitcoin halving: Key insights appeared first on AMBCrypto.

Why Ethereum is at a real risk of falling below $3,000

ETH was down more than 16% over the week. Selling pressure was dominant, with no signs of whale accumulation. The world's second-largest cryptocurrency, Ethereum [ETH], was witnessing intensThe post Why Ethereum is at a real risk of falling below $3,000 appeared first on AMBCrypto.

Why did Bitcoin drop last week? Hayes points to US taxes and tensions

Arthur Hayes blames BTC drop on liquidity issues and Middle East tensions.  Middle East tensions remain a key factor in the BTC’s short-term price action.  Bitcoin [BTC] had a positive pThe post Why did Bitcoin drop last week? Hayes points to US taxes and tensions appeared first on AMBCrypto.

How fast can Ethereum recover from its latest dip? Key indicators say...

Ethereum’s social activity has risen in the past 24 hours. However, bearish sentiments continue to climb. Leading altcoin Ethereum [ETH] has seen a spike in social activity following reporThe post How fast can Ethereum recover from its latest dip? Key indicators say... appeared first on AMBCrypto.

Bitcoin's $109M outflow: A dip in demand or something else?

The latest figures turned the tide after two consecutive week of inflows. Bitcoin accounted for 86% of the total inflows. Digital asset investment products recorded minor outflows last week,The post Bitcoin's $109M outflow: A dip in demand or something else? appeared first on AMBCrypto.