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Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto

Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto

news A Swiss central banker has suggested that Facebook’s recently announced cryptocurrency project, Libra, is not ruffling any feathers with the regulator. As reported by Reuters on Tuesday, Thomas Moser, alternate member of the governing board at the Swiss National Bank, said Facebook has indicated it is “willing to play according to the rules” and has been in…
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Bitcoin Buying Pressure Hits 2-Month High As Price Tops $11.4K

Bitcoin Buying Pressure Hits 2-Month High as Price Tops $11.4K

markets View Bitcoin jumped to fresh 15-month highs near $11,430 on Bitstamp earlier today, invalidating a bearish divergence on the 4-hour chart. With a key indicator reporting the strongest buying pressure in over two months, prices appear on track to test resistances lined up at $11,688 (March 2018 high) and $11,780 (February 2018 high). Repeated failure…
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JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin by End of 2019: Report

The United States' largest bank, JPMorgan Chase (JPM), is expecting to pilot its own cryptocurrency JPM Coin by the end of 2019, according to a Bloomberg report on June 25.Umar Farooq, head of digital treasury services and blockchain at JPMorgan, has revealed the company’s intention to launch pilot testing of JPM Coin with selected clients…
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North America’s Largest Solar Bitcoin Mining Farm Coming To California

North America’s Largest Solar Bitcoin Mining Farm Coming to California

California-based mining company Plouton Mining will build North America’s largest solar-powered bitcoin mining farm, the company confirmed in a press release on June 25.Plouton, which is a subsidiary of Plouton Group Holding, says the site in Western Mojave will feature around 49 acres of solar panels generating 10-13 megawatts of electricity daily. The location was chosen…
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BTC, ETH, DAI Cross-Chain Atomic Swaps Launched By Liquality On Mainnet

BTC, ETH, DAI Cross-Chain Atomic Swaps Launched By Liquality on Mainnet

Peer-to-peer cryptocurrency solutions project Liquality has launched its interface for cross-chain atomic swaps between bitcoin (BTC), ether (ETH) and stablecoin dai (DAi) on the mainnet. The news was revealed in an official company blog post on June 24.Atomic swaps are a solution that enables the exchange of one cryptocurrency for another without the need for…
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There Are Now More Than 5,000 Bitcoin ATMs Around The World

There Are Now More Than 5,000 Bitcoin ATMs Around the World

The total number of bitcoin ATMs (BTMs) worldwide reached 5,000 for the first time, monitoring resource CoinATMRadar confirmed on June 24.According to the latest statistics, there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency users can buy or sell bitcoin (BTC). Some machines offer both services simultaneously. The data caps a protracted period…
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Over 2,000 Investors Back Kraken Crypto Exchange’s $13 Million Crowdfunding

Over 2,000 Investors Back Kraken Crypto Exchange’s $13 Million Crowdfunding

news Regulated spot and futures crypto exchange Kraken has completed a $13.5 million round of financing on Bnk To The Future (BF), an online investment platform. With 2,263 participants, the campaign also represents BF’s most successful funding round by individual donors. The exchange sought the capital as a way to push its valuation past the $4…
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Bitcoin IRA, BitGo Launch Insured IRA Composed Entirely Of Crypto

Bitcoin IRA, BitGo Launch Insured IRA Composed Entirely of Crypto

news Bitcoin IRA, a digital asset IRA company, has launched the first self-directed cryptocurrency IRA. Created through a partnership with BitGo Trust, the retirement account features $100 million in insurance protection, 30 percent lower wallet fees, and the ability for clients to diversify their holdings in 12 digital assets. As a self-directed investment, “the authority…
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No, It’s Not Facebook: Bitcoin Price Already Up 200% In 2019 Before Libra

No, It’s Not Facebook: Bitcoin Price Already Up 200% in 2019 Before Libra

Bitcoin (BTC) was already trading above $9000 when Facebook formally unveiled its Libra cryptocurrency protocol.Despite many commentators arguing the current bitcoin price spike is due to the social media giant, a glance at data puts bitcoin’s momentum far ahead of Libra. As Cointelegraph reported, Facebook revealed a website for its cryptocurrency scheme on June 18, when…
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‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

Stephen Moore — the economist who advised Trump on his tax cut policy and made an aborted Trump-backed bid to join the United States Federal Reserve board — has joined a cryptocurrency project that aspires to function as a new type of central bank.The development was reported by U.S. business news site Fox Business Network…
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