🔸 Research finds Bitcoin and Litecoin halvings do not impact price🔸
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Cryptocrunchapp
Research finds Bitcoin and Litecoin halvings do not impact price
Contrary to the popular media narrative, new research finds that BTC and LTC prices are unimpacted by block reward halvings. One widespread belief among crypto enthusiasts is that the halving of block rewards causes prices to increase. The researchers analyzed…
🔸 Blockchain Project Aims to Apportion and Tokenize the Moon🔸
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Cryptocrunchapp
Blockchain Project Aims to Apportion and Tokenize the Moon
A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface. Dubbed Diana the goal of this project is purportedly to “secure the possible right of man to the Moon to propose a solution to 'who owns the moon.'”…
🔸 Bitcoin Network Now 8 Times More Powerful Than It Was at $20K Price🔸
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Cryptocrunchapp
Bitcoin Network Now 8 Times More Powerful Than It Was at $20K Price
Bitcoin (BTC) now has more computing power behind its security than ever before, passing another milestone as hash rate reaches an all-time high. Data from monitoring resource Blockchain confirmed that the Bitcoin network’s total hash rate reached a peak…
🔸 EBay CEO Says Crypto Assets Poised to Play Major Role in the Way Money Moves🔸
cryptocrunchapp.com/news/ebay-ceo-says-crypto-assets-poised-to-play-major-role-in-the-way-money-moves
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Cryptocrunchapp
EBay CEO Says Crypto Assets Poised to Play Major Role in the Way Money Moves
The CEO of eBay is shedding light on the e-commerce giant’s decision to back Facebook’s digital asset Libra. Devin Wenig says he believes crypto assets will begin playing a major role in global commerce over the next decade. "Crypto and blockchain, in particular…
🔸 India Officialy Drafted Crypto Ban, Report Ignored the FATF Guidelines🔸
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Cryptocrunchapp
India Officialy Drafted Crypto Ban, Report Ignored the FATF Guidelines
The Indian government’s inter-ministerial committee (IMC) has submitted its report on the use of virtual currencies in India, which recommends a ban on cryptocurrencies. Indian exchange Wazirx's CEO ask government not to run away from responsibility. He said…
🔸 CZ Binance Excited to See bitcoin at $20,000🔸
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Cryptocrunchapp
CZ Binance Excited to See bitcoin at $20,000
Bitcoin is currently trading at the $10,500 price level. Its 2019 high has been $13,700 while its all-time high is over $20k. Changpeng Zhao (CZ), CEO of Binance asked the crypto community on July 20, 2019, when they think Bitcoin will surge to $20,000 again.…
🔸 India Wants to Ban Bitcoin Because it is Decentralised - Official Report States🔸
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Cryptocrunchapp
India Wants to Ban Bitcoin Because it is Decentralised - Official Report States
India is out with its draft bill of proposing complete crypto ban. The main reasons given as to why to regulate Crypto are actually the core features of the cryptocurrency (especially Bitcoin). As per the Draft: "Cryptocurrencies have certain characteristics…
🔸 Facebook's Libra Is Now More Popular Than Ethereum And XRP🔸
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Cryptocrunchapp
Facebook's Libra Is Now More Popular Than Ethereum And XRP
Even though the Libra project is in its development phase, at the same time has gotten a lot of backlash from various people and the government. It has continued to gain more popularity by the day. New research, carried out by U.S. brokerage eToro, has found…
🔸 Trillions of Dollars Could Flow into Bitcoin Over Next 25 Years, Grayscale🔸
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Cryptocrunchapp
Trillions of Dollars Could Flow into Bitcoin Over Next 25 Years, Grayscale
With the ‘gold-loving’ baby boomer generation set to retire; trillions of dollars could potentially flow into bitcoin. Speaking during the 2019 Mid-Year Review Webinar, Barry Silbert, CEO of Grayscale highlighted that there is an imminent generational wealth…
🔸 US Dollar (Not Bitcoin) Is King of Money Laundering: Messari Research🔸
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Cryptocrunchapp
US Dollar (Not Bitcoin) Is King of Money Laundering: Messari Research
New research shows US dollars are far outpacing Bitcoin when it comes to illicit use of the two currencies. According to the crypto research firm Messari, $800 in cash is laundered for every $1 worth of BTC that is spent on the dark web. Messari used data…
🔸 Trading startup Robinhood raises $323 million, achieving $7.6 billion valuation🔸
cryptocrunchapp.com/news/trading-startup-robinhood-raises-323-million-achieving-76-billion-valuation
cryptocrunchapp.com/news/trading-startup-robinhood-raises-323-million-achieving-76-billion-valuation
Cryptocrunchapp
Trading startup Robinhood raises $323 million, achieving $7.6 billion valuation
The $323 million in funding from crypto notables, including Ribbit Capital and Sequoia, brings Robinhood's valuation to $6.7 billion. The company will direct the capital towards expanding the business and offering new financial services. “We’ll use the funding…