Facebook Still Sweating After Maxine Waters Meets Swiss Libra Regulators – CCN Markets

By CCN Markets: Facebook’s cryptocurrency project Libra still has more work to do in order to win over the U.S. Congress. According to the chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, a meeting with the Swiss government officials who will regulate Libra Association over the weekend did not allay her concerns. …

Crypto-Obsessed AI Gets Drunk, Claims Ripple Surged to $9

By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report: …

Bitcoin’s Pummeling Ethereum – Here’s Why ETH Will Get Revenge

Ethereum, like most altcoins, has been clobbered by bitcoin in 2019, losing more than 39% against the flagship cryptocurrency. ETH recently broke below its historical support of 0.025 BTC and printed a fresh all-time low of 0.020138 BTC on Binance on July 16. With no support to keep its head above water, bears warn that …

Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth …

Bitcoin is Absolutely Clobbering Your Favorite Altcoin This Season

Many crypto enthusiasts love to hype the ever elusive altcoin season (“altseason“), which has long been hailed as one of the most profitable bitcoin market cycles for active cryptocurrency traders. When the season is in full swing, larger altcoins like Ethereum, Ripple, and even small-cap assets like Pundi X exponentially rise in value against bitcoin. …

Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s Crypto ‘Libra’| CCN Markets

Speaking with Finance Magnates, Binance strategy officer Gin Chao said the world’s largest cryptocurrency exchange “would probably want to list” Facebook’s Libra coin on its marketplace. Chao said that Binance has been in talks with Facebook about the potential listing. Though he said discussion is, “very much at a preliminary stage.” The revelation is some …

Bitcoin SV (BSV) Pumps 21% After Surprise Mention on Joe Rogan

The value of Bitcoin SV (BSV) rebounded 21% on Friday morning, fresh off the back of a surprise mention on the Joe Rogan Experience. BSV’s gains outpaced the broader market, which rebounded 10% just hours after $83 billion exited the cryptocurrency market in a flash. Bitcoin SV… Maybe? During episode #1318 of the JRE podcast …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Weiss Crypto Ratings Drops EOS Over Centralization Concerns but Who Cares

By CCN Markets: Weiss Crypto Ratings on Friday announced that it is downgrading the technology score of EOS, a blockchain protocol developed and distributed by Block.one. EOS Downgraded by Weiss Rating Over Centralization Issues | Source: Weiss Crypto Ratings The US-based economic research agency said EOS has “serious problems with centralization,” three months after it …