Category: Facebook coin

Facebook Chooses Crypto-Friendly Switzeland for Its New FinTech Arm Libra Networks

Photo: Pixabay Facebook journey in the blockchain and crypto world seems to take new rates. It has become known that it has quietly chosen Switzerland to set up its fintech company dubbed Libra Networks. The initiative has a clear relation to the social media giant’s Project Libra. According to the […]

Tom Lee on Bitcoin’s rise, Cryptopia enters liquidation phase and more

Bitcoin [BTC], the largest cryptocurrency by market cap, has been marking several milestones ever since the beginning of this year. The coin has shown significant recovery from its December 2018 bottom, rising by over $3000 since then. Notably, the largest cryptocurrency broke through the $6000 and $7000 marks in a […]

India’s Crypto Veterans Discuss Facebook Plan to Pilot its Cryptocurrency in India

Founders of Indian crypto and blockchain companies told Economic Times, May 13, 2019, that Facebook’s stablecoin would bypass Indian crypto regulation. It may also influence authorities to create constructive regulation for digital currencies in India. Hope Amidst Concerns Last week, BTCManager reported on Facebook’s plan to pilot its stablecoin in […]

Will eBay Finally Accept Cryptocurrencies Or It’s Just a Clever PR

Photo: Wikimedia Commons Today few photos emerged on Twitter that show that one of the world’s largest online marketplaces eBay, may be open to the possibility of accepting cryptocurrencies. According to photographs of marketing material from the ongoing Consensus 2019 Conference in New York, eBay, which has 180 million users, […]

Bitcoin Will Make 5% of Earth’s Market Share in Four Years: Billionaire VC Tim Draper

Photo: Shutterstock While over the previous year some investors were gradually losing their belief in the bright future for Bitcoin and other cryptocurrencies, serial VC investor Tim Draper has always been rather confident in his optimistic predictions. And just recently he has reaffirmed his positive vision. According to him, by 2023 Bitcoin […]

Is Facebook Driving Bitcoin (BTC) Price Rally?

Facebook’s interest into cryptocurrency, with the forthcoming Facebook coin likely to be announced in Q3 2019, is finally having its effect on the crypto markets. The blockbuster rumor that Facebook was in the process of developing a stablecoin for its messaging platform had a small impact on the crypto markets […]

Facebook Reversing Crypto Ad Ban as They are Establishing Their Own Cryptocurrency

Facebook has announced that they are relaxing their advertising ban on companies promoting products and services relating to crypto. The move comes as the company is talking about its efforts to create a stablecoin to use within some of its apps. Facebook has announced that they will give its advertising […]

PayPal Still Isn’t Sold on Bitcoin Being The Future of Payments

Photo: Shutterstock Recently PayPal CFO John Rainey said something about PayPal’s crypto plans that revived the whole story about “PayPal Mafia” in general. While Rainey said that he doesn’t think that Bitcoin is mainstream enough to be a big focus for them claiming that PayPal added Bitcoin to the list […]