Recap | Binance Venus, a stablecoin that will compete with Facebook’s Libra | Bitcoin posed to break above $11,000 as consolidation continues
BTC 📈 $10,723 (+3.23%) / ETH 📈 $199 (+2.1%) / XRP 📉 $0.28 (-1.44%)
|CryptoSlate||Aug 19, 2019|| 4|
Bitcoin threatens to break above $11,000 once again after its recent drop to $9,500. Although BTC dominance appears overdue for a major correction, it still remains bullish from a technical perspective.
Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […]
Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm.
Protesters in Hong Kong have taken to a new non-violent tactic, withdrawing cash in mass from ATMs and banks and converting it to U.S. dollars—foreshadowing things to come for Bitcoin.
The second half of 2019 is now upon us. As we all know, 2018 was a terrible year for cryptocurrencies as the market slumped and lost much of its 2017 gains. The market sentiment at the start of this year was evenly divided between cautious optimism and fearful pessimism. However, cryptocurrencies have managed to climb […]
Changpeng Zhao, the CEO of Binance, said that the company could launch Binance U.S. within the next two months.
Featured blockchain companies
Thanks to the following companies for their support:
🚀 MXC - MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe.
Want to be featured here? Contact us to learn more.
Crypto market data
For more pertinent market data, please see:
⚡️ CryptoSlate Research
CryptoSlate Research is an an exclusive, premium newsletter that delivers thoroughly researched, long-form analysis from cryptocurrency and blockchain experts.
Connect with us
🔥 Interested in sponsoring this newsletter? Contact us.
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.