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High Bitcoin Predictions and Conflicts Resurface Amidst Crypto Spring

May 29, 2019 by Anthonia Isichei at Bitcoin, News

In the wake of the current crypto spring, analysts and commentators have shown optimism for the crypto market and have made comments that generally reveal that bitcoin’s bull run is likely to skyrocket before the close of 2019. One of such commentators, Jehan Chu, in a recent interview with Bloomberg on May 28,...

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India’s Crypto Veterans Discuss Facebook Plan to Pilot its Cryptocurrency in India

May 13, 2019 by Mohammad Musharraf at Adoption, News, Regulation, Stablecoins

Founders of Indian crypto and blockchain companies told Economic Times, May 13, 2019, that Facebook’s stablecoin would bypass Indian crypto regulation. It may also influence authorities to create constructive regulation for digital currencies in India. Hope Amidst Concerns Last week, BTCManager reported on Facebook’s plan to pilot its stablecoin in...

Bitcoin Moves Towards $6,000 Mark as Momentum Remains Positive Despite “Untethered” Tether

May 6, 2019 by Alex Lielacher at News, News Digest

The price of bitcoin rallied by over nine percent week-on-week despite the revelations that market-leading stablecoin USDT is not fully backed by US dollars as we were made to believe. On Sunday evening, BTC/USD traded at $5,785. The Big Stories At the start of last week, Tether finally admitted to...

Looking in a filing cabinet to find Facebook' coin under project libra drawer

Facebook’s Crypto Initiative “Project Libra” Is Making Moves

May 3, 2019 by Eddie Mitchell at Adoption, Altcoins, Business, Tech

Facebook is actively seeking collaborators and funding for its cryptocurrency venture, now known to be “Project Libra,” which is more commonly referred to as FacebookCoin. This according to the Wall Street Journal (WSJ), and Gizmodo, May 02, 2019. Project Libra According to sources close to the matter at WSJ, Facebook...

Facebook Targets $1 Billion Investment in Cryptocurrency Project

April 9, 2019 by Osato Avan-Nomayo at Altcoins, Business, Finance, Investment, News

Social media behemoth, Facebook, is looking to attract venture capital (VC) investment into its proposed cryptocurrency project, reports New York Times (NYT) contributor Nathaniel Popper. The company is reportedly looking to raise as much as $1 billion for its digital token project. Making Facebook Coin Less Centralized Popper announced the...

Bitcoin Struggles Regaining $4,000 Mark, Closes Week 5 Percent Lower: BTCManager’s Week in Review March 4, 2019

March 5, 2019 by Alex Lielacher at Bitcoin, Blockchain, Business, News, News Digest

After last week’s pump, the price of bitcoin failed to retake the $4,000 mark and closed the week five percent lower at around $3,850 versus last week’s close. The Lightning Torch continues to be passed around with Fidelity Digitial Assets being the first financial institutions to become a holder at...

Facebook Coin Due Within Six Months

March 1, 2019 by Aisshwarya Tiwari at Adoption, Bitcoin, Business, News

Social media giant Facebook is contemplating launching its digital currency in the first half of 2019, according to February 28, 2019, report published by the New York Times. Already in Talks with Cryptocurrency Exchanges Building on from speculative reports of Facebook launching their own cryptocurrency, the latest story by the...

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