Tag: bitcoin

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Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains

Stellar takes the lead with 20%, while Bitcoin’s price hovers above the $9,300 price mark and the crypto markets continue to show upward price momentum. Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the…
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Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

U.S. pro-crypto Rep. Warren Davidson promotes blockchain’s promise in American manufacturing in response to public fears in the face of technology. United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance. On Nov. 4, Davidson published a letter in the Wall Street Journal…
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Payments is the Main Battleground for Banks Amid Bitcoin Rise

A new report by the central bank of central banks once again showed that cryptocurrencies are moving in the right direction, as people are increasingly looking for faster and more convenient payments options. However, decentralized cryptocurrencies, which are still working to solve their scalability issues, are not the only ones competing in this sector, with…
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Competition Among Ripple, Visa and IBM Heats Up + 16 More Crypto News

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news Ripple, Visa and IBM are driving blockchain innovation in cross-border payments, a new study by digital commerce and fintech analysis firm Juniper Research claims. According to them,…
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EU Drafts Response to Facebook’s Libra, Crypto

This Friday, EU finance ministers might discuss a new draft that urges the Union to develop a common approach to cryptocurrencies, including possibly banning projects deemed too high-risk. Moreover, it states that the European Central Bank should consider issuing a public digital currency, Reuters reported on Tuesday, citing the draft it saw today. In its…
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European Union Drafts Law Suggesting Consideration of Eurocoin

A draft document issued by the European Union suggests that the organization should consider issuing its own digital currency. A draft document issued by the European Union suggests that the union should consider issuing its own digital currency. Will the EU wage war on crypto? Reuters reported on Nov. 5 that the draft in question…
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Peter Schiff: China’s Gold-Backed Crypto Would Be Bearish for Bitcoin

In his latest tarnishing of Bitcoin, the gold bug likened it to fiat currency by again suggesting it had nothing backing its value. China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for…
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This Man Says He Invested Half His Lottery Winnings in Bitcoin

Source: Reddit, u/Joxnlol The news of an American man who put half of his lottery winnings into Bitcoin (BTC) has spread through the Cryptoverse. The Reddit user ‘Joxnlol’ posted an image of himself several hours ago holding a certificate from the Illinois Lottery, stating that he has won USD 500,000 back in April this year.…
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The SEC Does Not Want Crypto ETFs — What Will It Take to Get Approval?

The U.S. SEC has set an extremely high bar for BTC ETF applicants, but new proposals keep coming. What will it take for one to be accepted? October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board…
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Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal

Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product. Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at…
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