Facebook’s Crypto Libra is a Huge Deal – Just Not for the Reason you Think

2019-6-21 12:08

By CCN Markets: With the release of its whitepaper, Facebook officially announced its cryptocurrency, Libra. It now joins JP Morgan and Atletico Mineiro among the ranks of non-blockchain businesses with their own crypto.

What does this mean for cryptocurrency? Will we finally get that LAMBO MOONSHOT we’ve been waiting for, that orgy of FOMO that sends bitcoin to $1 million? Or will people suddenly shun bitcoin for this safe, “backed” money that doesn’t have wild fluctuations in price? We shall see. I’m more interested in Libra for another reason, one much more important than the price of bitcoin. Bitcoin, the corporate version Imagine you ran a

The post Facebook’s Crypto Libra is a Huge Deal – Just Not for the Reason you Think appeared first on CCN Markets

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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


Ôîòî:

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


Ôîòî:

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


Ôîòî:

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


Ìàéê Íîâîãðàö: Bitcoin íèêàê íå ïîñòðàäàåò îò çàïóñêà êðèïòîâàëþòû Fàcebook

Ïî ìíåíèþ ñòîðîííèêà áèòêîèíà è ãåíäèðåêòîðà Galaxy Digital Ìàéêà Íîâîãðàöà, êðèïòîâàëþòà ñîöèàëüíîé ñåòè Facebook íå îêàæåò íèêàêîãî âëèÿíèÿ íà ðàçâèòèå ýêîñèñòåìû BTC. Íàïîìíèì, â êîíöå ïðîøëîé íåäåëè ïîñòóïàëà èíôîðìàöèÿ, ÷òî êîìïàíèÿ Facebook ïëàíèðóåò â ïåðâîì êâàðòàëå áóäóùåãî ãîäà âûïóñòèòü ñîáñòâåííûé òîêåí è íàçîâåò åãî 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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The rise of Bitcoin ETFs and future market implications

The following is a guest post from Shane Neagle. Regardless of an asset’s fundamentals, its value is governed by one underlying feature – market liquidity. Is it easy for the wider public to sell or buy this asset?  If the answer is yes, then the asset receives high trading volume.

Decoding the Black Box: How AI is unveiling the secrets of crypto money laundering

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Artificial Intelligence tools could revolutionize anti-money laundering efforts in cryptocurrency transactions. These tools can analyze far more transactions quickly than any human, helping banks and law enforcement keep up with the volume of transactions, of which there are millions per day.

In a bull market, everyone thinks they’re a VC

The following is a guest post by Tim Haldorsson, CEO of Lunar Strategy. The sweet sounds of upward price alerts hit your phone non-stop. Mega green candles are seen on every crypto chart. The smells of profits are all over the place.