Crypto News – 12 June
Should banks be afraid of FB’s GlobalCoin?
Although the involvement of tech giants in cryptocurrency seems to be a positive development for the ecosystem, some leaders in the space have also predicted a stiff competition for survival in the not so distant future.
Read more at https://bit.ly/2I9xf16
Are Bitcoin & Tether joined at the hip?
The charting of the market cap of the stablecoin (USDT) and the price of Bitcoin expressed in the base USD shows almost foot-for-foot tracking.
Read more at https://bit.ly/2WFkW5s
Coinbase expands crypto-debit card services
Coinbase has announced the launch of its Visa debit card in six more European countries.
Read more at https://bit.ly/2WCBIT5
BTC worth $3.25 billion moved to Binance wallet
BTC’s surge resulted in a lot of cryptocurrencies being moved to multiple wallets and exchanges. This pattern was not an isolated incident as reports of massive movements have become a norm.
Read more at https://bit.ly/2KcQ7hY
FATF: The crypto-industry’s biggest challenge?
Financial Action Task Force, a body constituted by representatives from various governments curated to countering money laundering and financing of terror outfits, will restate and may revise its stance on virtual assets.
Read more at https://bit.ly/2wOpxmQ
John McAfee launches crypto-trading platform
After recently announcing the launch of his own crypto-debit card, the seasoned entrepreneur has announced the launch of a new cryptocurrency trading platform, McAfee Magic.
Read more at https://bit.ly/31sTgiX
XRP prices coiling up for a meteoric rise of 20%
XRP is coiling up for a launch into the stratosphere. The falling wedge setup signals a bullish breakout for XRP in the near term.
Read more at https://bit.ly/2wMMx5l
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