In a Congressional hearing on Oct. 23, Facebook CEO Mark Zuckerberg expressed confidence that a lot more firms will join Libra eventually. Facebook could withdraw from the Libra Association — the governing body of the eponymous stablecoin project — should it launch without approval from regulators in the United States. Libra could lose its primary…
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Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television Facebook’s statements often, intentionally or not, make people either confused about the company’s plans, or make them wonder if the company has clear plans at all. This time around, speaking about Libra token, CEO Mark Zuckerberg made somewhat contradicting statements about monetary policy, while some other…
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A wobble for markets saw BTC/USD reenter the $7,000 range on Wednesday after failing to cement support higher. Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range. Cryptocurrency market daily overview. Source: Coin360 Bitcoin rejected at $8.3K Data from Coin360 showed another…
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Analysts’ predictions of the level forming a likely price floor came true on Wednesday as Bitcoin markets shed $500 in a matter of minutes. Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin firmly ditches $8K range Data…
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Earlier this week, bitcoin price started an upside correction and climbed above the USD 8,200 resistance. However, BTC/USD struggled to continue higher above USD 8,250 and USD 8,300. As a result, there was a sharp decline in the past two sessions and the price traded below the USD 8,000 support. Similarly, there were bearish moves…
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The U.S. Securities and Exchange Commission published the new application for a Bitcoin ETF recently submitted by asset manager Kryptoin Investment Advisors Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15. A Bitcoin ETF on the…
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Facebook CEO Mark Zuckerberg to testify before the House of Representatives Financial Services Committee regarding Libra for the first time. Today, Oct. 23, Facebook CEO Mark Zuckerberg will testify before the United States House of Representatives Financial Services Committee regarding Libra — the company’s stablecoin project that has been facing major regulatory backlash since the…
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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. Security news The United States National Security Agency has launched a new cybersecurity unit – with staff members who are “prepared” to block North Korea’s attempts to stop weapons…
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Deutsche Boerse, Commerzbank and MEAG have piloted a post-trade securities transaction via tokens. German securities marketplace Deutsche Boerse and Commerzbank have completed a joint pilot transaction settlement of post-trade securities using digital tokens and distributed ledger technology (DLT). Tokens generated from both commercial bank money and securities While the transaction also involved major German asset…
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Source: istock/Photographer, Filmmaker, Designer In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red. At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and is down by 8% in…
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