Susquehanna's Bart Smith: Bitcoin Price Spike Not Driven by Libra

2019-6-25 20:40

There's no shortage of catalysts behind bitcoin's weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure.

Considering that the crypto market rally overlapped with Facebook's Libra development, however, it's easy to draw the conclusion that the stablecoin fueled the bitcoin rally. Not so fast, says Susquehanna International's Bart Smith. He is head of digital assets at the firm and was featured on CNBC, saying: "I don't think this rise from $ to is driven in large

The post Susquehanna's Bart Smith: Bitcoin Price Spike Not Driven by Libra appeared first on CCN Markets

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bitcoin libra rally susquehanna driven bart smith

Источник: ccn.com

bitcoin libra → Результатов: 126


Bitcoin and the ‘wild west’ crypto-market are entering their final phase, claims report

Libra is a wolf in sheep’s clothing to Bitcoin. Facebook’s Libra was heralded as the harbinger of a massive wave of crypto-adoption. In light of Facebook’s well-established user base, widespread messaging applications, and strong foundations, the cryptocurrency world looked at Libra as a possible bridge for the uninitiated to the decentralized currency industry.

2019-7-23 14:30


Libra’s heavy promotion, Facebook’s massive customer base may be beneficial to Bitcoin

Bitcoin and Libra have been vying to take the top spot in terms of developments in the cryptocurrency space over the past few weeks. With Bitcoin briefly hitting the $13,000 mark, the industry has been on an upward climb, with many proponents connecting the ramifications of the launch of Facebook’s cryptocurrency with the sudden price […] The post Libra’s heavy promotion, Facebook’s massive customer base may be beneficial to Bitcoin appeared first on AMBCrypto.

2019-6-26 15:00


Cryptocurrency influencers react to Facebook’s Libra, boon or risk for Bitcoin?

Some of the most prominent figures in the crypto community took to Twitter to share their thoughts on Facebook’s Libra cryptocurrency. While some claim that Libra lacks the necessary features to compete with Bitcoin in the race to become the world’s currency, others argue that it could destroy most altcoins and stablecoins in the market.

2019-6-18 20:44


Фото:

Facebook Releases Libra Cryptocurrency Whitepaper; Crypto Community Reacts

On June 18, 2019, Facebook released the whitepaper of its highly-anticipated Libra cryptocurrency project, which is tipped to transform the blockchain and cryptocurrency industry forever. Libra Whitepaper According to the technical document, “Libra” will operate on Facebook’s in-house blockchain network called “Libra blockchain.

2019-6-18 14:12


Bitcoin: Third coming of the green Super Guppy buoys bulls as price consolidates over $9,000

Bitcoin broke out of its sluggish blues by breaking the $9,000 mark for the first time in 13 months, earlier this week. With several analysts pegging the rise of Bitcoin to be a consequence of the Facebook Libra pump, a more wholesome look at the charts indicates a more consolidated rally, rather than a myopic […] The post Bitcoin: Third coming of the green Super Guppy buoys bulls as price consolidates over $9,000 appeared first on AMBCrypto.

2019-6-18 10:30


Фото:

Crypto Tidbits: Bakkt’s Bitcoin Futures Near, Facebook’s Libra Backed by Uber, Binance to Block US Clients

Another week, another round of Crypto Tidbits. It would be fair to say that the past seven days for Bitcoin (BTC) and its ilk have been rather spectacular. Aside from mostly bullish price action, which brought the cryptocurrency to $8,650 for the first time in weeks, instrumental industry developments were numerous.

2019-6-15 21:00


Фото:

Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights

Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency.

2019-6-15 13:00


Майк Новограц: Bitcoin никак не пострадает от запуска криптовалюты Fаcebook

По мнению сторонника биткоина и гендиректора Galaxy Digital Майка Новограца, криптовалюта социальной сети Facebook не окажет никакого влияния на развитие экосистемы BTC. Напомним, в конце прошлой недели поступала информация, что компания Facebook планирует в первом квартале будущего года выпустить собственный токен и назовет его GlobalCoin.

2019-5-27 10:26


Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020

By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020.

2019-5-24 12:29


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