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Watch: Congress Slaps Facebook’s Libra, Sings Bitcoin’s Praises
Members of Congress were much more demanding of Facebook blockchain chief David Marcus than were Senators the day prior with both Libra and Bitcoin being spoken about. Facebook’s foray into the radical new world of decentralized ledges has aroused numerous legislative and regulatory pushback efforts. дальше »
2019-7-18 19:24 | |
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‘There’s Bitcoin and Then There’s Shitcoin (Libra)’. Congress Finally Gets It
Congress savaged Facebook’s cryptocurrency Libra during a two-day Congressional hearing this week. But Rep. Warren Davidson (R-Ohio) saved the best, and most brutal, comment for the end: “There’s bitcoin, and then there’s shitcoin. дальше »
2019-7-18 16:17 | |
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Libra is Not Bitcoin, CoinShares Exec Testifies Before US Congress
Facebook cryptocurrency Libra is an imitator of Bitcoin, Meltem Demirors of CoinShares testified before the US Congress on Wednesday. The chief strategy officer appeared before the House Financial Services Committee to explain the difference between Bitcoin and thousands of cryptocurrency projects that takes inspirations from it. дальше »
2019-7-18 16:00 | |
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US Congressman comes out in support of Bitcoin; calls it a product of American ingenuity, innovation
The United States Congress taking a keen interest in the digital asset market was the key highlight of the week, with several supporters and critics of the industry voicing their opinions on the floor. дальше »
2019-7-18 13:00 | |
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‘Shitcoin’ Searches Spike After Senator’s Speech, Altcoins Recover
Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry. дальше »
2019-7-18 12:00 | |
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Litecoin Pumps 20% as LTC Halving Fomo Returns With 17 Days To Go
Following their dip of the week yesterday, crypto markets are back up today and Litecoin is leading the pack. The possibility of a favorable outcome for crypto from yesterday’s US Congress hearing may have lifted Bitcoin and its brethren today. дальше »
2019-7-18 11:00 | |
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Did US Congress Send Bitcoin Price Back to Five Figures?
Bitcoin price has made a bit of a comeback over the past few hours to re-touch five figures again. It remains to be seen whether this is the beginning of a wider recovery but many analysts are still of the opinion that a four figure BTC is a giveaway. дальше »
2019-7-18 10:15 | |
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Libra’s So Terrifying It’s Making Congress Suddenly Embrace Bitcoin
I never thought I’d see a high-ranking politician stand up and declare, “I like bitcoin. ” But that’s exactly what just happened. House Minority Leader Kevin McCarthy practically sung bitcoin’s praises this week. дальше »
2019-7-18 17:40 | |
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Facebook in The Firing Line Again, Has it Impacted Crypto Markets?
Crypto markets have continued to slide today following a dump that accelerated at the weekend, resulting in over $100 billion leaving the scene over the past seven days. The market mayhem has coincided with a second US Congress hearing on Facebook’s Libra project. дальше »
2019-7-17 14:00 | |
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Congress to Hold Second Hearing on Libra and Crypto
Many are still attributing the US Treasury Secretary’s comments on Libra and bitcoin to its rapid decline over the past few days. In reality, they may have sparked the selloff but market correction has been overdue for some time. дальше »
2019-7-17 14:00 | |
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Alliance Vitalik Buterin and Roger Ver – may push altcoins up
New collapse of Bitcoin and the market occurred, as promised Coinstelegram, on the eve of hearings in the Congress on Libra. In such situations it is common to say in the fiat market: “The market has already played this event. дальше »
2019-7-17 00:48 | |
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Top US Politician Promotes Blockchain Benefits for Being a Viable Big Tech Regulation Alternative
United States Republican Politician and Congress Minority leader Kevin McCarthy on July 16 said that with the current trend of regulators not nimble enough to adapt to the ever-changing world of the technology industry, those concerned about maintaining their online presence should think about turning to blockchain technology. Protection of the Citizens The experienced lawmaker […] дальше »
2019-7-16 19:06 | |
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Breaking: Top GOP Congressman Defies Trump, Says ‘I Like Bitcoin’
One of Donald Trump’s top allies in Congress has diverged from the president on what has suddenly become one of the federal government’s top priorities: bitcoin. Kevin McCarthy Is a Bitcoin Fan House Minority Leader Kevin McCarthy told CNBC that unlike Trump, he is a fan of the flagship cryptocurrency and the security of blockchain […] The post Breaking: Top GOP Congressman Defies Trump, Says ‘I Like Bitcoin’ appeared first on CCN Markets дальше »
2019-7-16 16:01 | |
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Blow For Facebook and Tech Companies Following a New Congress Bill
If the Keep Big Tech out of Finance bill is passed, it may not only sound the death knell for Libra and similar tokens from tech giants as Google. The post Blow For Facebook and Tech Companies Following a New Congress Bill appeared first on Ethereum World News. дальше »
2019-7-16 13:00 | |
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With Facebook’s Libra Congress Hearings Imminent, Will Bitcoin Price Plummet or Foray Higher?
Facebook’s Libra has been knee-deep in criticism ever since it was unveiled. Another hurdle that Facebook is currently facing is testifying during US governmental hearings. David Marcus, the head of the Calibra wallet, will be testifying before the Senate Banking Committee and the House Financial Services Committee on Tuesday 16th and Wednesday 17th respectively. дальше »
2019-7-16 10:24 | |
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With Libra not everything is decided: Facebook will pay 5 billion
On the eve of the hearings in the US Congress on the fate of Libra cryptocurrency, Mark Zuckerberg unexpectedly easily agreed to pay a fabulous fine of $ 5 billion for what, in general, Facebook is not at all to blame. дальше »
2019-7-16 09:54 | |
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Bitcoin’s Price May Rise after Congress Hearings on Facebook’s Libra Сryptocurrency
Coinspeaker Bitcoin’s Price May Rise after Congress Hearings on Facebook’s Libra СryptocurrencyInvestors hold their breath in anticipation of Congress Hearing on Facebook's Libra set up for July 16-17. дальше »
2019-7-16 23:25 | |
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What Congress May Want To Know About Facebook's Libra
With Facebook set to meet with the Senate on Tuesday and the House on Wednesday, Washington insiders report that lawmakers will be interested in Libra's classification as a possible exchange-traded fund, what Facebook will do to ensure user privacy, and what the Swiss headquarters of the Libra Association will mean for US oversight of the project. дальше »
2019-7-16 18:45 | |
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Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics
The U. S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. дальше »
2019-7-15 18:00 | |
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Trump Has the Power to Ban Bitcoin, But Can He Really Do It?
Coinspeaker Trump Has the Power to Ban Bitcoin, But Can He Really Do It?Trump says that he is not a fan of cryptocurrencies, especially Bitcoin, but can he ban its transactions and operations in the United States or Congress stands in his way legally?Trump Has the Power to Ban Bitcoin, But Can He Really Do It? дальше »
2019-7-15 15:50 | |
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Why Congress’ New Draft Bill Is Bullish For Bitcoin
US lawmakers are mulling a new bill that will boost bitcoin and prohibit tech monopolies from launching their own cryptocurrencies. The draft discussion has surfaced ahead of Facebook’s scheduled congressional hearing this week on the Calibra crypto project. дальше »
2019-7-14 15:00 | |
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‘Keep Big Tech Out of Finance’ Says the Congress
Coinspeaker ‘Keep Big Tech Out of Finance’ Says the CongressIt seems that big companies as Facebook, Amazon and Google might be forbidden to launch their digital assets. If the Congress's Bill pass - they could face with paying $1K penalties per day. дальше »
2019-7-14 14:20 | |
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Congressional leaders draft bill that proposes to ban big tech firms from launching digital currency
Facebook’s upcoming stable coin Libra seems to have caught the regulators and policymakers around the globe off-guard. Ever since its official announcement back in June, Libra has been subjected to tons of scrutiny, calls for the halt of the project, and in certain cases even outright ban. дальше »
2019-7-14 10:00 | |
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Mnuchin Warns US Debt Ceiling Near, Wants Spending Spigot Open
U. S. Treasury Secretary Steven Mnuchin warns the United States might max out its credit limit in September. If that happens, the federal government will not be able to pay some of its bills. In a letter to House Speaker Nancy Pelosi (D-Calif. дальше »
2019-7-13 00:50 | |
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Ethereum Vulnerable, ETH Price Below Three-Month Support
Ethereum (ETH) is down 3. 2 percent Omar Reyes, a candidate vying for a Congress seat in Florida, wants to issue an Ethereum token Props, an ERC-20 token, is compliant with a key regulation. As a result, investors can have a financial stake in the issuing company following SEC qualification. дальше »
2019-7-12 20:00 | |
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Fed Chair Suggests Bitcoin Is Gold's Biggest Competition
In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store of value. He said before the Senate: "Really, almost no one uses bitcoin for payment, they use it more as an alternative to gold really. дальше »
2019-7-12 01:20 | |
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Gemini-Backed Virtual Commodity Association Set To Present It’s Crypto Self-Regulatory Case Before Congress
Months after various cryptocurrency exchanges joined forces to form a self-regulatory organization, dubbed the Virtual Commodity Association (VCA), for the nascent cryptocurrency industry, they are now ready to present their plan to Congress. дальше »
2019-7-12 00:14 | |
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Dow Futures Crumble as NY Fed’s Recession Indicator Screams Red
Dow Jones futures point to another weak open on Wall Street on Wednesday. As Federal Reserve chairman Jerome Powell prepares his speech to Congress, a crucial recession light is flashing red. The New York Federal Reserve recession indicator is now at highs last seen in 2008 when the US economy collapsed. дальше »
2019-7-10 14:15 | |
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Facebook’s Libra Is The Push Behind China’s Latest Move To Develop Its Own Digital Currency
Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems. дальше »
2019-7-10 18:37 | |
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China Fast-Tracks Central Bank Cryptocurrency to Fight Facebook’s Libra
The announcement of Libra marked the beginning of the strategic pulse involving players from the world of crypto and fintech while attracting the attention and alarms of important actors in global geopolitics such as the U. дальше »
2019-7-9 09:29 | |
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Is the United States Government Actively Sabotaging Iran’s Crypto Mining Plans?
As per an all new statement issued by the Iranian Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, the US government is looking to stop the middle-eastern powerhouse from implementing its cryptocurrency mining plans. дальше »
2019-7-8 20:37 | |
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Iranian Official Says US Congress is Working to Block Iran’s Crypto Mining
Representative for Iran’s Ministry of Industry, Trade, and Supply says US Congress sees mining in Iran as a threat to the success of sanctions
дальше »2019-7-8 21:42 | |
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Bitcoin (BTC): flat or uptrend?
The moderate behavior of the Corn against the background of a decrease in turbulence in the fiat markets fully confirms the Coinstelegram forecast for the medium term. As we figured out, bitcoin is slowly gaining weight by the fatal date of the US Congress hearing on Libra. What will happen next? And is it still […] дальше »
2019-7-5 14:55 | |
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Facebook Crypto Libra’s Leader Responds to Concerns and Misunderstandings
In a responsive blog post on Wednesday, David Marcus, head of Facebook’s financial blockchain project ‘Libra’, covered a range of subjects including responding to sweeping concerns surrounding the crypto project. дальше »
2019-7-4 12:03 | |
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Putin approved Libra. US Congress – not yet
While US Congress is preparing to listen to the arguments of Mark Zuckerberg in favor of launching his stablecoin Libra, Moscow is already giving Facebook cryptocurrensy the green light. Will Special Prosecutor Muller investigate again? Russian Deputy Finance Minister Alexei Moiseev said that Libra would be completely legal in the country. There are no obstacles […] дальше »
2019-7-4 23:27 | |
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Facebook Responds To Open Letter From Congress
David Marcus, overseer of the Libra project, posted on Facebook that the company is ready and willing to work with world regulators – and that the best part of Libra is that users won't have to trust Facebook. дальше »
2019-7-3 21:36 | |
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US Congress Requests Moratorium on Facebook’s Libra Stablecoin
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin
дальше »2019-7-4 20:58 | |
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A Ban On Bitcoin Might Be Harder Than It Seems Due to a Simple Freedom of Speech Issue
Earlier today the US Congress asked Facebook to stop the development of their cryptocurrency Libra. Even though the move is unfair, the same thing might not be possible for Bitcoins. Members of Congress just sent this letter to Facebook asking them to officially stop development of Libra. Wait till Congress finds out they can’t send […] дальше »
2019-7-3 20:00 | |
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Members of US Congress demanding Facebook put Libra on hold
Four members of the House of Representatives sent a letter to Facebook calling for an immediate moratorium on its cryptocurrency Libra, saying both regulators and Congress needs more time to investigate the risk it could pose to the global economy. дальше »
2019-7-3 19:16 | |
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Congress Demands Facebook Halt Work on the Libra Cryptocurrency
High-ranking legislators in Congress have issued a thundering rebuke to Facebook’s cryptocurrency ambitions, demanding that the Mark Zucker-berg led firm “immediately cease” work on Libra until the government says otherwise. дальше »
2019-7-3 18:31 | |
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US Congress Wants Facebook to Halt Libra Cryptocurrency Project
Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U. S. dollar. This call by the U. дальше »
2019-7-3 15:55 | |
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Exclusive: Market Analysis – Bitcoin (BTC) Keeps Way to $ 15 K
Exactly 2 weeks before the important event for crypto – hearings in USA Congress on Libra – and the market rushed up again, as if pushing from the $ 9,775 level. Will it fly up to $ 15K? This was what we were chatted about after BTC dropped below $10 K. To give specifics or […] дальше »
2019-7-3 14:04 | |
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