Libra would make traditional payment institutions redundant, claims FCA’s Christopher Woolard.

Facebook’s nascent crypto-project Libra has been at the receiving end of regulators and financial authorities’ fury, ever since its official announcement on 18 June. The social media giant’s project has in fact, managed to ruffle quite a lot of feathers, with a few regulators going as far as to call for a complete ban on […] The post Libra would make traditional payment institutions redundant, claims FCA’s Christopher Woolard appeared first on AMBCrypto. origin »

Bitcoin stock to flow value to double up in the run-up to the halving.

Stock to flow ratio is used to measure the scarcity of an asset: gold has the highest value of 62 followed by Bitcoin at 25. These values have a meaning to it as well: gold’s stock to flow value of 62 means that it would take 62 years to mine the same amount of gold […] The post Bitcoin stock to flow value to double up in the run-up to the halving appeared first on AMBCrypto. origin »

Facebook could tap cryptocurrency exchanges to build their Libra dreams.

The Libra ordeal is unlike any other. A social media giant, at the firm center of Silicon Valley, begins working on a digital currency in complete secrecy. Not only is an area in Menlo Park cordoned off for the project, but Facebook slowly begins picking off people from technology, finance and blockchain companies to build […] The post Facebook could tap cryptocurrency exchanges to build their Libra dreams appeared first on AMBCrypto. origin »

Binance DEX Launching A XRP-Pegged Crypto Token Called “XRP-BF2”.

The leading cryptocurrency exchange Binance is launching a token pegged with the third-largest digital asset XRP. Binance CEO, Changpeng Zhao broke the news on Twitter after a Twitter use shared the link from the Binance Chain where it states the asset “XRP-BF2” will have a supply of 10 million. This new token will allow Binance […] origin »

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Over 17M USDT Moved to Binance: Pump Incoming?.

One address is making a major deposit into Binance today. One whale has just moved 17,587,400 USDT from an unknown wallet to the exchange, likely to buy the dip. It’s always useful to monitor major transfers because they often provide us with a hint of where the market is headed. origin »

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Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship.

Four months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current Chief Executive, Carrie Lam, implemented colonial-era emergency powers banning the […] The post Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship appeared first on Bitcoin News. origin »

XRP flirts close to descending triangle base; squeeze to prolong altcoin descent.

XRP is feeling the squeeze. The past week was a roller coaster for XRP. A ratings council consisting of cryptocurrency exchanges like Coinbase, Kraken and Bittrex, and institutional players like Grayscale, DW Trading and Genesis Trading stated that XRP used “securities-like language,” and that it is more akin to being classified as a “security,” than […] The post XRP flirts close to descending triangle base; squeeze to prolong altcoin descent appeared first on AMBCrypto. origin »

Bitcoin Scores ‘Below-Average’ in NGO Crypto Adoption.

Bitcoin has scored a below average level of adoption in the annual 2019 Global NGO Technology Report. The Global NGO Technology report evaluates the use of technology by non-governmental organizations (NGOs) worldwide, exploring how NGOs utilize various technologies to communicate, raise funds, and process information. origin »

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