David Marcus, the former head of Facebook’s blockchain project Libra—later rebranded as Diem—has revealed that political opposition ultimately doomed the ambitious stablecoin initiative.
The post Former Facebook Exec Claims Political Barriers Led to Libra’s Collapse appeared first on Cryptonews. …
Category: Cryptocurrencies
Shiba Inu Burns Push SHIB Price Over $0.00003, Analysts Predict Another Zero Going Down by 2025
Starting December on a high note, an influx in trading volume has sent Shiba Inu’s token-burning mechanism into overdrive, axing over 52.3 million SHIB and stoking rally hopes.
The post Shiba Inu Burns Push SHIB Price Over $0.00003, Analysts Predict Another Zero Going Down by 2025 appeared first on Cryptonews. …
SEC Sues Touzi Capital Over Misleading Crypto Mining Fund Claims
The SEC has filed a lawsuit against investment firm Touzi Capital, accusing it of defrauding investors and misrepresenting the liquidity and profitability of its crypto asset mining fund.
The post SEC Sues Touzi Capital Over Misleading Crypto Mining Fund Claims appeared first on Cryptonews. …
NYDFS Set to Approve Ripple Labs’ Overcollateralized RLUSD Stablecoin
The NYDFS is reportedly poised to approve Ripple Labs’ RLUSD, an overcollateralized stablecoin pegged to the U.S. dollar.
The post NYDFS Set to Approve Ripple Labs’ Overcollateralized RLUSD Stablecoin appeared first on Cryptonews. …
Is Floki Going To Zero? FLOKI Price Sees Huge 13% Weekly Drop, What’s Next?
Floki Inu’s recent downtrend has persisted into the weekend, raising eyebrows as the meme coin’s place in this bull cycle comes under question.
The post Is Floki Going To Zero? FLOKI Price Sees Huge 13% Weekly Drop, What’s Next? appeared first on Cryptonews. …
Bitcoin Still Finds Unbreakable Resistance Around $99k, But This Analyst Says We Could See $100k This Weekend
Whilst Bitcoin (BTC) CME futures were able to break back above $100,000 this week, spot prices continue to struggle against an unbreakable sell wall around $99,000, though optimism is growing that an upside breakout could soon ensue.
The post Bitcoin Still Finds Unbreakable Resistance Around $99k, But This Analyst Says We Could See $100k This Weekend appeared first on Cryptonews. …
Trending New Meme Coin Catslap (SLAP) Price Surges 40% on Slap-to-Earn, Buybacks, Burns and Upcoming CEX Reveal
Trending new meme coin Catslap sees its price leap 40% after a series of market-moving announcements, including the launch of Slap-to-Earn to reward token holders for their hilarious efforts.
The post Trending New Meme Coin Catslap (SLAP) Price Surges 40% on Slap-to-Earn, Buybacks, Burns and Upcoming CEX Reveal appeared first on Cryptonews. …
Central Bankers’ Enthusiasm for CBDCs Wanes Despite Growing Research: OMFIF Survey
Central bankers are losing enthusiasm for central bank digital currencies (CBDCs) despite a continued rise in research efforts.
The post Central Bankers’ Enthusiasm for CBDCs Wanes Despite Growing Research: OMFIF Survey appeared first on Cryptonews. …
Virtual Protocol On Base Is The New Hot Topic For Crypto Analysts, Will The Next 30 Days Bring A 400% Spike for This Rival Coin Too?
Virtual Protocol seems to be making headway amidst November’s bull market kick-off, raising anticipations that it may become one of the frontrunners this bull cycle.
The post Virtual Protocol On Base Is The New Hot Topic For Crypto Analysts, Will The Next 30 Days Bring A 400% Spike for This Rival Coin Too? appeared first on Cryptonews. …
Janet Yellen’s Warning to Fed Chair Killed Meta’s Crypto Project, Says David Marcus
David Marcus alleges that Treasury Secretary Janet Yellen intervened at a critical juncture, warning Federal Reserve Chair Jerome Powell that supporting Libra’s launch would amount to “political suicide.”
The post Janet Yellen’s Warning to Fed Chair Killed Meta’s Crypto Project, Says David Marcus appeared first on Cryptonews. …