Facebook Cryptocurrency Libra Could Destroy the U.S. Dollar, Warns Rep

Facebook’s Libra cryptocurrency has undeniably caught the attention of Federal Reserve Chairman Jerome Powell. “Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” he said. “These are concerns that should be thoroughly and publicly addressed,” he warned. These comments came during a Congressional committee hearing. Rep. Maxine Waters, D-Calif., chairwoman of the House Financial Services […]

IMF Chief: ‘Massive Disruption’ from Cryptocurrencies Will Give Fiat Currency a ‘Run for Its Money’

Cryptocurrency sentiment is running scared, which from a contrarian perspective is more bullish than most suspect. Google searches for Bitcoin information have hit the highest level in the past six months. That’s an indication that the lower prices are now sparking renewed interest in Bitcoin. It’s still questionable whether or not we’ve seen a final […]

Secret, ‘Off Exchange’ Trades Among Bitcoin Whales Suggest New Crypto Wave is Building

The cryptocurrency market continues to trade in a very tight price range. Volatility, which is a measure of the price swings and how fast prices move, has never been this low for the amount of time we’re currently experiencing. For example, Bitcoin has remained inside a $600 trading range, roughly between $6,200 and $6,800, for […]