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Bitcoin Price is Easily Going to Hit the Ceiling, Says Fundstat’s Tom Lee

[ad_1] Managing partner and head of research at Fundstrat Tom Lee has said that Bitcoin (BTC) may reach new all-time highs in the near future. Lee, who is also one of Wall Street’s Bitcoin optimists, delivered his comments during an interview with CNBC on June 18. In the interview, Lee said that the lead cryptocurrency bitcoin is destined to become the reserve currency of the crypto space. His statement reads:
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Ethereum-Based Decentralized Video Streaming Startup Livepeer Raises $8M

[ad_1] Ethereum (ETH)-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors in its Series A funding round in a Medium post published on June 17.Per the announcement, the startup will use the newly acquired resources to support the further development of the Livepeer protocol, network, software and ecosystem to further adoption. The round was reportedly led by venture capital firm Northzone, which was also
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Facebook’s ‘Cryptocurrency’ Libra Finds Love In China

[ad_1] Despite overarching suspicion in the west, Facebook’s Libra ‘cryptocurrency’ does seem to be finding some love in China. Facebook Launches A Titanic White Elephant So Facebook’s much-vaunted ‘cryptocurrency, Libra, launched with great fanfare yesterday, but left many feeling decidedly unimpressed. The (rather clumsy) website crashing just moments after launch was just the icing on a well-stacked cake full of concerns. Was it even a cryptocurrency at all? Questionable claims of
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KuCoin Becomes First Major Crypto Exchange To List Rival Binance Coin

[ad_1] Cryptocurrency exchange KuCoin has become the first in the industry to host the in-house token of a competitor trading platform, Binance. KuCoin: Exchanges Have ‘Same Objective’ Announced on June 18, KuCoin now provides trading support for Binance Coin 00, the native asset of exchange Binance. Binance Coin (BNB) is now on KuCoin. Supported trading pairs include BNB/BTC and BNB/USDT. Deposits will open at 16:00 on June 19, 2019 (UTC+8),
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Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister

[ad_1] Russia's parliament, the State Duma, will adopt the country’s major crypto bill “On Digital Financial Assets” (DFA) in the next two weeks, according to a local senior finance official. The news was reported by Russian government-backed news agency TASS on June 19.Russia's deputy finance minister, Alexei Moiseev, revealed that the State Duma is currently considering the DFA, and is expected to adopt the bill in the second reading within
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Peaceful Warrior Lets You Buy Jewelry With Bitcoin Cash

[ad_1] Do you want to show off your support for cryptocurrency and look good doing it? Peaceful Warrior lets you buy jewelry that will do just that, and you can also pay for all items in the store with bitcoin cash, of course. Also Read: How to Invest in Cryptocurrency Without Worrying About Volatility Crypto Lifestyle Brand Crypto-friendly e-commerce platform Peaceful Warrior was launched in March 2019 with the aim
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Facebook’s Libra prompts reaction from European, US authorities

[ad_1] After months of speculation and anticipation, US social media giant Facebook yesterday unveiled its cryptocurrency project Libra, a digital coin backed by a basket of low-volatility assets and running on a proprietary blockchain. The coin is expected to be launched in the first half of next year, but it has already encountered some resistance from authorities in Europe and the US. As reported by Bloomberg yesterday, the French finance
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Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software

[ad_1] Big Four auditing firm PwC announced the release of a cryptocurrency auditing software solution in a press release published on June 19.Per the release, the tool newly added to PwC’s Halo auditing suite can be used to “provide assurance services for entities engaging in cryptocurrency transactions.” The firm claims that, with the new addition, the Halo suite permits PwC to provide independent evidence of private-public key pairing (to establish
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Bitcoin Is Easily Going to Reach New Highs

[ad_1] Fundstrat Global Advisors co-founder Tom Lee said that bitcoin (BTC) could easily reach new highs during an interview with CNBC published on June 18.In his comments, Lee said that bitcoin is becoming the reserve currency of the cryptocurrency space, and noted that it has been worth over the $9,000 price level in only 4% of its history. Then, he declared:“I think bitcoin is easily going to take out its
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BitMEX CEO Says He’ll ‘Wipe the Floor’ With Bitcoin Hater Nouriel Roubini

[ad_1] The CEO of the world’s cryptocurrency exchange has said he will “wipe the floor” with economist and notorious Bitcoin bear Nouriel Roubini next month. Hayes: Roubini’s Bitcoin Arguments Going Down Confirming his participation in a debate with the fiat veteran, BitMEX CEO Arthur Hayes laid down the gauntlet ahead of time, promising to stand up for Bitcoin in the face of one of its most outspoken critics. The debate,