CryptoPotato: Cryptocurrency Market Cap Loses $6 Billion As Major Altcoins Paint Red: Tuesday Market Watch

Crypto Briefing: Bitcoin’s Price Bounces Back After Sudden Sell-Off

Wednesday, 18 December 2019 17:03

The market is attempting to stage a recovery during Wednesday’s U.S. session, following another heavy crypto sell-off earlier this morning. Almost the entire top 10 plunged to fresh multi-month trading lows before partially bouncing back. Litecoin notably recovered almost all losses, after falling to its lowest level…

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BeInCrypto: Facebook Can’t Even Look After Its Hard Drives, How Can It Launch Libra?

Wednesday, 18 December 2019 17:04

Facebook has been on a crusade to try and prove to the world, and especially the USA, that it is competent enough to launch its own stablecoin cryptocurrency, Libra. Privacy scandals and data hacks have led many to think the social media giant is not up to the…

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The Block: Fed’s Brainard: Stablecoins like Libra could ‘put consumers at risk’ without safeguards

Wednesday, 18 December 2019 17:18

U.S. Federal Reserve Governor Lael Brainard said on Wednesday that Facebook’s proposed cryptocurrency Libra must overcome “a core set of legal and regulatory challenges” before it can be launched as a global stablecoin. According to Brainard’s draft remarks for a Frankfurt conference, stablecoins issued on a smaller…

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ZyCrypto: Tron’s Justin Sun Sparks Twitter Controversy With $1 Million Pledge To Climate Activist Greta Thunberg

Wednesday, 18 December 2019 17:51

In an unexpected tweet posted earlier today, Tron (TRX) founder Justin Sun took Twitter by surprise when he announced his intention to donate $1 million to popular climate change activist Greta Thunberg, in support of her cause. In the tweet, Sun proclaimed his support for Thunberg’s drive…

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Crypto Briefing: Stellar Lumen Price Analysis: Looking Oversold

Wednesday, 18 December 2019 17:54

Stellar Lumen has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming The daily time frame continues to show that a bearish wedge pattern breakout has occurred Stellar Lumen has fallen to…

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Coinspeaker: Crypto Price Analysis December 18: BTC, ETH, XRP, LTC, BCH

Wednesday, 18 December 2019 17:57

CoinspeakerCrypto Price Analysis December 18: BTC, ETH, XRP, LTC, BCHThe crypto market remains under the bearish control, all assets - BTC, ETH, XRP, LTC and BCH - are renewing the nearest minimums.Crypto Price Analysis December 18: BTC, ETH, XRP, LTC, BCH

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The Block: HTC cuts jobs to focus on products like blockchain smartphones

Wednesday, 18 December 2019 18:27

Taiwanese electronics manufacturer HTC has confirmed its plan to further downsize the company. This will be the third major lay-off round that the company has seen, Taiwanese news outlet Liberty Times reported, following a cut of 2,250 employees in 2015 and another 1,500 in July 2018. Additionally, in…

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The Block: SEC proposes wider definition of ‘accredited investor’ to expand market access

Wednesday, 18 December 2019 19:01

What defines an “accredited investor?” According to a new announcement from the U.S. Securities and Exchange Commission, the exact standards are on the path to be broadened. The current criteria for the accredited investor status only takes into account a person’s income and net worth. Only those…

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BeInCrypto: Bitcoin’s Price Drop Threatens Mining Hardware Break-Even Prices

Wednesday, 18 December 2019 19:14

With Bitcoin’s price dropping below $7,000 this week, attention has turned towards Bitcoin miners and their hardware to determine when profitability will be lost. Already, a number of older model miners have lost their profitability, with only a few newer pieces of equipment still in the green.…

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