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The Reactions of 10 Governments to Facebook’s Libra

What is Libra? In May 2019, Facebook registered its Libra Networks LLC. in Geneva, Switzerland, one of the most friendly regulatory environments for cryptocurrency projects, for creating the new digital currency ‘Libra.’ It was positioned as the new cryptocurrency for the daily online consumer. Libra is a decentralized blockchain, a low volatility cryptocurrency, and a…

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Can Bitcoin’s Price Surpass $15000?

Tyler Winklevoss, one among the co-founders of the Gemini cryptocurrency, has argued on social media that the Bitcoin might surpass the $15000 mark with ease if it could break the psychological $10,000 mark. It is regarded as a psychological level by many investors in the market. With Bitcoin nearing the so-called ‘FOMO’ (Fear of Missing…

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Libra Vs. Other Blockchains

Introduction   Blockchain is one of the most important inventions in computing as it is a truly native medium which enables peer-to-peer value exchange. It is a vast digital platform based on the distributed ledger technology (DLT) which allows two parties to transact or do business without an intermediary.   Blockchain technology is believed to…

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Facebook Announces Libra Cryptocurrency : Everything You Need To Know

Facebook, the popular American social media platform, unveils its ambitious plans to launch Libra, a digital cryptocurrency, which will allow its billions of users to indulge in financial transactions across the globe. This move will undoubtedly shake up the global banking system. Libra can be a financial game-changer with almost 2.4 billion people using Facebook…