Weekly Digest: Bitcoin Price, Libra Hearings And More
Yesterday, the world celebrated the 50th anniversary of the first Moon landing. But did the week’s crypto news give any indication of ‘When Moon?’ for Bitcoin?...
Bitcoin Isn’t Going Away – What Congress Needs to...
With Libra under intense scrutiny, U.S. lawmakers are having to understand the difference between bitcoin and Facebook’s crypto project. Bitcoin is Already a Regulated Space Speaking...
Bitcoin Suisse Joins Crypto Companies Looking To Become Swiss Banks
Bitcoin Suisse, the Switzerland-based cryptocurrency broker, has taken the first steps to becoming a bonafide bank, the company has revealed. Bitcoin Suisse Applies For Banking...
‘Shitcoin’ Searches Spike After Senator’s Speech...
Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and...
Did US Congress Send Bitcoin Price Back to Five Figures?
Bitcoin price has made a bit of a comeback over the past few hours to re-touch five figures again. It remains to be seen whether this is the beginning of a wider recovery but many...
Libra Controlled By ‘Largely Massive Corporations’: AOC
During the second day of congressional hearings, New York Representative Alexandria Ocasio-Cortez (AOC) grilled Facebook executive David Marcus over Libra’s centralization. The...
US Government ‘Can’t Kill’ Bitcoin Because Source...
Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U.S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With...
Congress to Hold Second Hearing on Libra and Crypto
Many are still attributing the US Treasury Secretary’s comments on Libra and bitcoin to its rapid decline over the past few days. In reality, they may have sparked the selloff but...
Overview: Facebook Libra Project US Senate Hearing
Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today...
UK Chancellor Gives British Government Opinion On Libra
UK Chancellor of the Exchequer, Philip Hammond, appeared on CNBC’s Squawk Box this week giving the UK government’s perspective on Facebook’s Libra...
Now Treasury Secretary Steven Mnuchin Thinks Bitcoin is a Store of...
The crypto community is still reacting to US Treasury Secretary Steve Mnuchin’s recent commentary on bitcoin and its brethren. The asset itself reacted strongly with a 6% pump on the...
US Treasury Secretary Mnuchin Attacks Bitcoin, Libra
US Treasury Secretary Steven Mnuchin touched upon Bitcoin and Facebook’s Libra cryptocurrency in a Monday press conference, voicing concerns about the misuse of cryptos for money...