Price analysis 1/06: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX

Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve…

Bitcoin (BTC) rallied above $10,000 on May 7 and just when everyone was getting ready for the long-anticipated halving surge the top-ranked cryptocurrency on CoinMarketCap plunged over 15% to hit a low of $8,130.58.However, the sharp fall in price did not attract further selling, which suggests that traders are not panicking and dumping their positions.…

Encrypted messaging app Telegram will launch its Gram digital currency in October, investors have told mainstream media. Telegram tokens due in two monthsAs The New York Times reported on Aug. 27, three anonymous investors in Telegram’s $1.7 billion private initial coin offering (ICO) said the company had confirmed it would issue the first tokens in two months’ time.Additionally,…

Cryptocurrency exchange Bitfinex announced a LEO burn initiative in a Medium post published on June 14.Per the announcement, the initiative will see the exchange’s parent company iFinex funnel its gross revenue into purchasing LEO tokens at market prices in what the post refers to as the UNUS SED LEO burn mechanism. This new system will…

Former LinkedIn executive Michael Li has recently joined major U.S. crypto exchange and wallet provider Coinbase as the VP of data, TechCrunch reports September 18.Li started his career at LinkedIn as Director of Business Analytics back in 2011. The expert has been growing his professional experience at the the business and employment-oriented company, working on…

1 HOUR AGO Cryptocurrency payment service provider FoPay acquired Estonian cryptocurrency exchange AliExchange for about $2.9 billion. FoPay, a crypto payment service, acquired cryptocurrency trading platform AliExchange for about $2.9 billion News Cointelegraph apologizes for publishing this article, which did not meet our fact-checking standards.

It's not just for projects building on Waves though. 2863 Total views 13 Total shares The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development.The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES to…

While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how to operate in accordance with the laws.Jurisdictions…

A blockchain project with the ambition of being at the forefront of a “brand-new digital economy era” has unveiled its vision for 2019-2020, with five important milestones that will enable its technology to evolve in line with the needs of its user base.VEE, the latest blockchain database project by Sunny King — the creator of…