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Facebook releases Libra crypto, Libra Association
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Facebook’s Globalcoin is ”Wildly Important” for Crypto But No Threat to Bitcoin
The past week has seen a flurry of reports detailing Facebook‘s “Globalcoin” – the social media giant’s upcoming cryptocurrency. Now, Galaxy Digital’s CEO Mike Novogratz has offered his take on the rumors surrounding Facebook’s Globalcoin. Facebook’s Globalcoin will further validate the crypto industry Novogratz appeared on the popular CNBC segment “Squawk Box” to dissect the potential Facebook cryptocurrency. Toshi Times recently covered how Facebook has reportedly held talks with Coinbase…
Decision on VanEck Bitcoin ETF delayed
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US SEC Delays Decision on VanEck Bitcoin ETF
The US Securities and Exchange Commission has, once again, delayed its decision on a potential cryptocurrency-based exchange-traded fund. This comes as the latest in a series of delays in relation to crypto ETFs. A decision on the VanEck Bitcoin ETF has been a long time coming The Securities and Exchange Commission (SEC) made an official filing on May 20th, acknowledging the delayed decision. Furthermore, the SEC announced that it would…
The rising Bitcoin price could signal a looming 2019 recession, according to Bank of America CIO
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Bank of America CIO Says Bitcoin Investments Signal A Looming Recession
The chief investment officer at Bank of America Merrill Lynch, Michael Hartnett, has recently caused a bit of a stir. Specifically, Hartnett has come out and said that the recent rise in the price of Bitcoin is a sign of a looming recession. Rising crypto prices indicate a looming recession  This news came in a fresh Business Insider report. In it, Hartnett detailed how investors have recently been flocking to…
The price of Bitcoin has fallen suddenly, leading some weary investors to ask "will crypto ever recover"
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Bitcoin Briefly Drops Below $7,200 – “Will Crypto Ever Recover?”
The past few hours have seen a marked drop in the price of Bitcoin. As such, some of the gains experienced during the past few days have been offset. What’s more, this slight market turbulence has led some to question whether crypto will ever recover. Bitcoin suddenly dropped after days of gains May 17th saw the Bitcoin price plummet drastically within a matter of minutes. Although it was initially unclear…