Facebook announces cryptocurrency contender, Libra. Main points Libra is due to launch early 2020 It will not be run by Facebook (according to Facebook). A new subsidiary company will be created, Calibra, enabling users to create digital wallets to buy, store and exchange the cryptocurrency. The name Libra originates fromRead More →
As U.S. markets closed Wednesday 26th June 2019 Bitcoin burst through $14,000.00 touching $14,200.00 – only to dramatically fall by $1,800.00 to $12,200.00 in minutes. Despite such a dramatic fall Bitcoin is still holding on to substantial gains at a 17 month high. But this incident does, however, demonstrate theRead More →
Bitcoin continues its spectacular rise as Facebook jumps on the cryptocurrency bandwagon. Bitcoin has benefitted from the announcement that Facebook will be introducing its own cryptocurrency in 2020 aiding recent dramatic gains. Stellar increases this year have pushed Bitcoin above $13,000.00 as of Wednesday 26th June 2019. The new FacebookRead More →