French Minister of Economy to Ask for Guarantees From Facebook In Regards to Its Forthcoming Coin

French Minister of the Economy and Finance intends to “ask for guarantees” from Facebook in regards to its forthcoming digital currency Libra, media outlet Europe 1 reported on June 18. The Minister of the Economy and Finance, Bruno Le Maire told Europe 1 that Facebook’s long-awaited stablecoin Libra is an “attribute of the sovereignty of the States” and should “remain in the hands of the States and not of the private companies which answer to private interests”. Le Maire stated that he will “ask for guarantees” from the social media…

we’ll Share Information with Authorities

Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin (BTC) and will share information with authorities, Cointelegraph Brazil reports on June 18. Per the report, Marcus made his remarks during an interview with Brazilian newspaper Estado de São Paulo, which was published today. During the interview, he said that Libra’s data will be shared with authorities for crime prevention and to ensure compliance with regulation. The article also claims that Facebook does initially not plan to profit off of…

Report: Bitcoin Works as a Hedge For Economic Freedom

Grayscale Investments has released their latest research report, highlighting the importance of self-sustaining and uncontrollable money to stop governments from curbing a person’s right to move their own money. Key examples come from Greek banking crises and China’s dirty floating on the Yuan, June 18, 2019. Eliminating Geopolitical Risks Global markets have currently issued over $250 trillion of debt, up 47 percent since the 2008 sub-prime housing crisis. Bitcoin’s most valuable feature is its ability to thrive and exist despite governments all over the world pitting themselves against it. Monetary…

Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria

Blockchain-based energy trading firm Power Ledger will roll out its peer-to-peer (P2P) network in Graz, the second-largest city in Austria, according to an announcement on June 18. The Australia-based company has partnered with E-NEXT, an innovation arm of major Austria’s energy utility Energie Steiermark, to launch its blockchain-powered energy trading platform in and around Graz. The initiative is an attempt to optimize energy distribution and to contribute to the city’s transition towards zero-carbon energy, the release notes. As such, Power Ledger’s technology is expected to enable rooftop solar energy-based households…

Tom Lee Says This Investment Trust Could Soar Alongside Bitcoin

Published: 18/06/2019 13:30 EST. Journalist: By CCN Markets: With all of the crypto attention currently centered on Facebook’s Libra cryptocurrency, bitcoin could be gearing up for its best run to date. Fundstrat Co-Founder Thomas Lee believes that it is headed much higher in the near future, predicting that a fear-of-missing-out, or FOMO, will catapult the bitcoin price to $40,000 sooner than later. According to a Bloomberg report, Fundstrat’s latest report suggests that a higher bitcoin price is being supported by “market transparency and integrity.” In turn, a rising BTC price…

Fidelity-Backed Crypto Analytics Firm to Integrate Twitter-Based Crypto Sentiment Feed

Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17. The new partnership intends to collect and analyze data posted by crypto community on social media in order to provide a new tool to help crypto traders to track social media sentiment data to build their portfolio strategies. The new product will initially target sentiment data solely on social media giant Twitter, Coin Metrics CEO Tim…

Bitcoin Evangelist Andreas Antonopoulos Says Facebook’s Libra Isn’t a Real Blockchain

Published: 18/06/2019 12:17 EST. Journalist: By CCN Markets: Bitcoin educator and promotor Andreas M. Antonopoulos published a new video today in which he pointed out that Facebook’s Libra project doesn’t amount to a “real” blockchain. The professional speaker has spoken at length in the past about the oppressive nature of KYC and “blacklisting” bitcoins. Facebook’s Coin Is Just Another Token Fungibility is an issue at the heart of cryptocurrency – if some coins are good, but others are “bad,” then the system might not be sustainable long-term. Efforts have been…

Bitcoin Falls Near $9,000 as US Stock Market Sees Gains

Tuesday, June 18 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls Near $9,000 mark again. Market visualization courtesy of Coin360 Bitcoin is currently down about 3% on the day, trading around $9,045 at press time, according to Coin360. Looking at its weekly chart, the coin is up around 11%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier today, bitcoin surpassed one million daily active addresses on June 14, according to blockchain statistics website CoinMetrics. Ether (ETH) is…

Hash Altcoin Blackminer F1 FPGA Cryptocurrency Miner

Review: Hash Altcoin Blackminer F1 FPGA Cryptocurrency Miner June 18, 2019 by Scott The Hash Altcoin Blackminer F1 FPGA is an alternative to the old ASIC and GPU grind for those mining cryptocurrencies. There are many different FPGAs currently operating, yet only a few ever are sold to customers. Hash Altcoin is one of the manufacturers currently shipping FPGA miners and they get them right into your hands — or even hosted. The biggest selling point for buying an FPGA is its ability to be programmed to mine all sorts…

Facebook’s Libra Could Spark Additional Cryptocurrency Volume

Binance Research, the research arm of major cryptocurrency exchange Binance, claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume in a post published on its blog on June 18. In the announcement concerning the release of the full report, Binance Research claims: “Libra could spark additional cryptocurrency volume due to increased accessibility from both institutional players and everyday retail users.” Furthermore, the post also notes that the researchers anticipate that the Libra will have a significant impact on both local and global markets, financial and economic industries, as well…