Day: June 22, 2019

Facebook ‘Too Powerful’ to Run Libra Without Rules: Democratic Senator

boss

By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. Facebook is too big and too powerful. I don’t know that people would have said that two or three or five years ago, but the public increasingly believes they’re too big and too powerful, particularly to engage in a risky cryptocurrency. Running a…

Facebook ‘Too Powerful’ to Run Libra Without Rules: Democratic Senator

boss

By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. Facebook is too big and too powerful. I don’t know that people would have said that two or three or five years ago, but the public increasingly believes they’re too big and too powerful, particularly to engage in a risky cryptocurrency. Running a…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 22/06

boss

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin’s dominance has reached 58% and its rally has helped the total market capitalization of cryptocurrencies cross $300 billion. This rise has been backed by an increase in Bitcoin futures open interest that has hit an all-time high on the CME. The recovery from the…

Bitcoin Price Hits $11K Less Than 24 Hours After Breaking $10K Mark

boss

June 22 — bitcoin (BTC) has crossed the $11,000 line for the first time since March last year today, according to Coin360. The leading cryptocurrency had surged past the $10,000 mark less than 24 hours ago. Market visualization courtesy of Coin360 Bitcoin is currently already approaching $11,100, up a notable almost 13 percent in the past 24 hours to press time. Meanwhile, major alts have also surged, with ETH seeing a multi-month high over $300. Bitcoin 7-day price chart. Source: Coin360 Yesterday, on June 21, professional trader Peter Brandt tweeted…

Mydigitaldiscount.com Will Sell You Home Automation Gadgets for Bitcoin

boss

The range of products and services you can pay for with digital coins is constantly expanding. Cryptocurrencies, which are considered to be the future of money, can now be used to purchase items that will change our lives in the future. An online retailer in the U.S. called My Digital Discount sells home automation gadgets for bitcoin. Also read: Riddell Travel Will Help You Arrange Your African Tour With BCH Store Ships Internationally and Accepts BCH and BTC Mydigitaldiscount.com delivers many smart home accessories that will help you stay connected…

Bitcoin Rise May Appeal to Investors amidst Intensifying Geopolitical Risks

boss

The bitcoin price has soared this week on the prospects of Fed rate cut, the Facebook coin, and uncertainty due to the US-China trade war. The world’s leading cryptocurrency rallied on Saturday, with its price flying past the $10,000 level for the first time since March 8 last year. Investors allegedly bid up bitcoin in expectations of more US dollar flowing into the markets. On Wednesday, Jerome Powell, the chairman of Federal Reserve, indicated that the US central bank would cut interest rates next month, prompting investors to take their money out…

Bitcoin Analyst Eyes $100,000 After BTC Swings Past $10,000

boss

One word can describe the recent bout of Bitcoin (BTC) price action: wow. In the past 24 hours, the cryptocurrency market has experienced a rally seemingly not seen since late-2017, when hype drove prices to new highs day in, day out. As of the time of writing this, Bitcoin sits, according to Coin Market Cap, at $10,750, up 10% in the past 24 hours — a monumental gain which mostly came to fruition within the past four hours. Save for Ethereum, which itself is up 9% in the past day, altcoins have been…

Monero (XMR) Surges 25.3% As Developers Crackdown On ASIC Miners

boss

Monero (XMR) spikes 25.3 percent RandomX under audit In Monero, decentralization is vital. As a result, the next enhancement of its mining algorithm, via RandomX, is a step in the right direction. Eventually, the hash rate will pick up as more ordinary miners flow back. In turn, their participation will fortify the network, instilling confidence, and XMR could surge higher in response. Monero Price Analysis Fundamentals Given the threats of Application Specific Integrated circuits (ASICs) in a network, creators of Monero are not taking this lying. The founder of Monero…

How Significant Is Walmart and IBM’s New Collaboration?

boss

Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents and trials — e.g., tracking meat in China, tracking delivery drones, patenting smart deliveries and tracking live food in the United States. And in addition to several other U.S. patents and global initiatives, Walmart has recently announced its latest foray into applying blockchain technology. This is its collaboration with the Food and Drug Administration, which —…

How Significant Is Walmart and IBM’s New Collaboration?

boss

Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents and trials — e.g., tracking meat in China, tracking delivery drones, patenting smart deliveries and tracking live food in the United States. And in addition to several other U.S. patents and global initiatives, Walmart has recently announced its latest foray into applying blockchain technology. This is its collaboration with the Food and Drug Administration, which —…