Over the past few years, most of us have at least heard the name “Libra” being mentioned when discussing about the mainstream adoption of cryptocurrency. Those who buy Bitcoin religiously claim that Facebook is about to make a big move in the space. But how much truth does this statement […]
Tag: Libra
Even Facebook Seems Unsure About the Libra now
Ever since Facebook announced the Libra, there have been numerous concerns regarding the project. It now appears that some changes may be in order after all. In theory, the Libra is designed to be a digital currency. The Libra Saga Becomes Complex It is pegged to a basket of reserve […]
Will China Regulate the Libra or ban it Altogether?
China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation. China Might Regulate the Libra After all A PBoC deputy governor wants China to […]
US President Donald Trump: “I am not a fan of Bitcoin”
Facebook has their own digital currency. Bitcoin is trading above $11,000. Donald Trump is Tweeting about cryptocurrency. No, this isn’t a dream, it’s just another day in crypto in 20019. Earlier this night, United States President Donald Trump shared his opinions on Bitcoin and cryptocurrency. In typical Trump fashion, his […]
3 Core Reasons why Facebook’s Libra Could Trump Bitcoin
The public perception of Facebook’s digital currency project remains all over the place. Despite a lot of initial excitement regarding Libra, it remains to be seen how well the project will fare when everything is said and done. While there may be some big hurdles ahead, there are a few […]
Top 4 Reasons to not get Involved With Facebook’s Libra
A lot of people are keeping close tabs on Facebook’s new digital currency project. Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because […]
Bitcoin Price Watch: Currency Is Down for the Count
At press time, bitcoin is still up for the most part, but down compared to where it has been over the past week. Currently, bitcoin’s price is just over $10,100, which is down from where it was this morning at $10,300, and it seems to be falling by $100 or […]
5 Statements Confirming the Media Still Doesn’t Understand Bitcoin
It is a well-known fact mainstream media outlets seemingly have a love-hate relationship with Bitcoin and other cryptocurrencies. Some say this is due to ignorance, whereas others see it as blatant fear mongering. Regardless of which explanation fits the narrative, the recent opinions by Jonathan Trugman are quite interesting in […]
Facebook’s Libra Is Not Solely Behind Price Rally, It Started Way Back: Circle CEO
The price of bitcoin has been on one hell of a run in the past few weeks, bringing an end to a tough crypto winter. The digital currency currently trades at $11,340 ta press time according to data from Coinmarketcap. In the past 24 hours, it has gained over 4 […]
US Lawmaker Questions Facebook’s Real Intentions With Libra
It would appear Facebook’s venture into the world of digital money may hit a roadblock before it is even launched. The Libra project, which is not a cryptocurrency by any stretch of the imagination, has not received official approval by the US Congress. As such, a thorough review seems to […]
Facebook’s Libra is a Challenge to Banks, not Bitcoin
On June 14, Facebook announced their intentions to launch their own cryptocurrency, Libra. This announcement sparked discussion and speculation across the entire space. Today, June 18, the project’s white paper and testnet were published. What is Libra? Per the recently released white paper, Libra is a cryptocurrency headed by Facebook […]