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Cryptocurrencies

Wibest – Facebook Libra: Photo of the Facebook logo on the smartphone screen and the brochure with Libra logo.

Swiss Watchdog Awaits Response by Facebook Libra

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On Tuesday, the Swiss Federal Data Protection and Information Commissioner said Facebook’s Libra cryptocurrency project did not respond to the request of information by Switzerland’s data privacy watchdog. Meanwhile, observing more details will help define the oversight role over the US social media company’s planned digital currency. Facebook announced the launching of Facebook Libra next …

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The future of the local crypto industry

Cryptocurrency News: The Indian Government Bans Bitcoin

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India seems to be all set into banning private cryptocurrencies. In cryptocurrency news, all private cryptocurrencies not including the ones issued by the state, be outlawed in the country as the Reserve Bank of India requested. The central bank endorses the elimination of the interface of institutions for cryptocurrencies to be regulated. Apart from declaring …

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Wibest – Digital coins: Libra Facebook cryptocurrency and bitcoin cryptocurrency.

US Lawmakers Dare Facebook Over Digital Coins

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On Wednesday, senators convicted and criticized the proposed project of Facebook. Facebook showed it is not to be trusted by investors, as US lawmakers agree and criticized the cryptocurrency plan for adding a new member to the digital coins. On June 18, Facebook announced it will launch a new cryptocurrency called Libra in 2020 will …

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Wibest – Digital coins: Libra Facebook cryptocurrency and bitcoin

Germany’s Scholz Warns Digital Coins Such as Libra

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On Tuesday, the luring of full inspection continues from the financial regulators and politicians across the world. Some U.S. lawmakers from both sides will interrogate Facebook Inc on its digital coin plan. Facebook surprised regulators and lawmakers on June 18 with an announcement about the launching of a new digital coin called Libra in 2020, …

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Bitcoin outflows surge to 100K BTC monthly

Bitcoin Sheds Above 10% Amid Crypto Inspection

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As fears intensify with the restriction of cryptocurrencies and the increasing inspection of Facebook’s planned Libra digital coin, the Bitcoin plunged more than 10% over the weekend. On Sunday, the original cryptocurrency declined 10.4%, its second-biggest daily drop this year. Meanwhile, its weakest since July 2, Bitcoin dropped 11.1% from Friday to $9,855 early on …

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Wibest - Photo of the Facebook logo on the smartphone screen and the brochure with Libra logo.

Libra Tech: An Introduction to Facebook’s Cryptocurrency

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Libra is supported with real, cold hard assets. Unlike most famous cryptocurrencies such as Bitcoin, Litecoin, Ethereum, etc. It’s hypothetically a “stable coin.” It means it’s worth is connected to a basket of diversified global currencies and low-risk bonds, providing a lower bound, or floor, on price levels. For years of successful currencies, with this …

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Bitcoin and other cryptocurrencies

Digital Coins: Cardano, XRP, and Litecoin Fail to Recover

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On Thursday, setting the most massive one-day percentage loss since January 16, 2018, Cardano traded at $0.063663, down 20.15% on the day. The push of Cardano’s market cap moved downwards to $1.73175B or 0.54% of the total cryptocurrency market cap. Meanwhile, Cardano’s market cap was $23.91700B at its highest. In the previous twenty-four hours, Cardano …

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Bitcoin marketplace Paxful and Russia

Crypto money and holiday season

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The importance of cryptocurrencies is increasing as more and more people around the world are willing to invest in the cryptocurrencies. One of the most expensive and well-known crypto money is Bitcoin. The news surrounding this currency is spreading fast as Bitcoin is attracting attention for several years. Bitcoin’s price increased on Wednesday and reached …

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facebook logo with a bitcoin net to it on the phone

Cryptocurrency: Details Released About Facebook Currency Rivaling Bitcoin

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Later this month Facebook is planning to release new cryptocurrency. The new digital currency will be called GlobalCoin and will significantly differ from its main rival: Bitcoin. The main difference between the Bitcoin and GlobalCoin would be the function of the tokens. GlobalCoin will act as a stablecoin pegged to the US dollar 1:1. Stablecoins …

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