Category Archives: News

Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely

Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of

US Senators Coercing Libra Partners is Un-American: Coinbase CEO

Facebook’s plan to launch Libra came under further pressure after its partners Visa, Mastercard, Paypal, and Stripe announced that they were leaving the digital currency project. And as it turned out, there was some political pushing involved. Senator Brian Schatz (D-HI) and Sherrod Brown (D-OH)

Crypto Stablecoins Like Libra Threaten Financial Stability

It comes as no surprise that Facebook is still on the receiving end of regulatory pressure from global economies. The social media giant has done the crypto industry few favors as all eyes are now on stablecoins and the outlook for them is predictably pessimistic.