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Strong support on the 3-day chart – moving average (MA) for 10 periods – once again withstood the onslaught of sellers. The price rebounded from this level and rapidly increased by almost $ 600. So, there is every reason to believe that this may signal in favor of continued growth, says Omkar Godbul, an analyst at CoinDesk Markets. He stressed that from February 9 […]

Former chairman of the People’s Bank of China (PBoC), Zhou Xiaochuan, believes that the concept of a global digital currency that can be exchanged for Fiat, which was introduced by Facebook, threatens existing cross-border payment systems and may weaken the position of national currencies. He stated this at an event in Beijing, reports the South China Morning Post. In his opinion, the Chinese authorities need to strengthen the national currency […]

US President Donald Trump, who prefers to communicate his thoughts daily via Twitter, spoke for the first time about Bitcoin and Libra's digital currency from Facebook. According to him, their cost is extremely volatile and in general is not supported by anything. I’m not a fan of bitcoin and other cryptocurrencies, it’s highly volatile […]

Large venture capital firms Multicoin Capital and Coinbase Ventures made two joint investments in start-ups NEAR and Textile. A Series A round of financing for NEAR was led by Metastable and Accomplice. Other participants include Pantera Capital, ACapital and Xpring from Ripple, as well as well-known business angels Nawal Ravikant, Andrew Keyes and Balaji Srinivasan. In total, the startup managed […]

The founders of Winklevoss Capital and the Gemini Bitcoin Exchange, the Winklevoss brothers, are considering joining the Libra Association consortium. They stated this in a conversation with CoinDesk. “We are definitely looking at this [Facebook initiative] with all seriousness, and we are delighted with the project,” said Cameron Winklevoss. The brothers are confident that the launch of digital tokens by other large companies is only […]

Jerome Powell, chairman of the United States Federal Reserve System (FRS), believes that the Libra Facebook project to create its own digital currency cannot be launched until the world's largest social network answers the “questions of concern to everyone”. Reported by Reuters. Speaking on Wednesday to the US House of Representatives Financial Services Committee, Powell specifically stated: “Libra […]

Shell, one of the five largest oil and gas companies in the world, has invested an unnamed amount in an energy blockchain-startup LO3, Forbes reports. LO3 based in New York is known as the developer of the Exergy platform, which uses the Ethereum blockchain to track power consumption. For Shell, this is the fourth public investment in blockchain projects. Earlier, the Dutch company has invested in platforms Vakt, Komgo and […]