Litecoin Co-Founder Predicts Doom In August, LTC Down 14.5%

techanalysis ltc 700x400 - Litecoin Co-Founder Predicts Doom In August, LTC Down 14.5%

Search TagX on Google View all posts tagged as Tagx Find TagX related info in WikiPedia Litecoin (LTC) down 14.5 percent Halving will see prices drop and miners crashed Charlie Lee is predicting doom. Because of August halving and a high possibility of low prices, many miners will shut down due to losses. In the meantime, LTC is down 14.5 percent. Litecoin Price Analysis Fundamentals Like any other network where consensus is via a proof-of-work algorithm, Litecoin is secure because of miners. Miners, according to many textbook definitions, have the…

Regulators Discuss Cryptocurrency Legislation Ahead of G20 Summit

Depositphotos 46302587 s 2019 1 e1561052656483 - Regulators Discuss Cryptocurrency Legislation Ahead of G20 Summit

The cryptocurrency regulation debate is expected to be at the center of the upcoming G20 summit where representatives from various countries will evaluate the new legal action course that has been proposed by the International Financial Action Task Force. The FATF is expected to release the proposals for new international standards governing cryptocurrency business on June 21. Blockchain Representatives at G20 Event The summit has the support of legislators and it is expected to have on board Virtual Asset Service Providers (VASP) as well as national blockchain associations. This summit…

Facebook Enters the Crypto Space with Libra Coin

Depositphotos 271323438 xl 2015 1 - Facebook Enters the Crypto Space with Libra Coin

  On Tuesday, Facebook and its partners unveiled its new cryptocurrency dubbed Libra coin that will transform how its over 2.38 billion users perceive the use of crypto to make purchases. Libra to Bring “Unbanked” Individuals to the System The project is offering a stable digital currency that expects to bring more unbanked individuals into the system. The Libra coin will be backed by stable financial assets and managed through a governing body. The coin is expected to make an entrance into the market in the first half of next year.…

GoPayz is a new digital wallet that offers currency exchange, financial services and you can use it with a physical card

GoPayz is a new digital wallet that offers currency exchange, financial services and you can use it with a physical card

U Mobile has given a sneak preview of its new fintech ecosystem which will be rolled out in July 2019. GoPayz is a new kind of digital wallet which boasts wider acceptance worldwide and it aims to make financial services more accessible, affordable and inclusive. GoPayz for Consumers Unlike a typical eWallet that uses QR-code based payments, GoPayz is also accessible via virtual and physical cards. During the media briefing, it was revealed that users are able to request for physical Visa, Mastercard and UnionPay cards which can be used…

Facebook’s Global Coin Is A Threat to Bitcoin Cash, BCH Down 3.7%

techanalysis bch4 - Facebook’s Global Coin Is A Threat to Bitcoin Cash, BCH Down 3.7%

BCH down 3.7 percent Facebook’s Global coin will disrupt public chains like Bitcoin cash Because of Facebook’s broad base and active users exceeding 2 billion, the Global coin is an existential threat to Bitcoin Cash. Currently, BCH is consolidating against the USD, down 3.7 percent. Bitcoin Cash Price Analysis Fundamentals Perhaps, for the neutral, Bitcoin Cash is indeed what Bitcoin failed to be. That is Cash. According to Bitcoin’s whitepaper, the peer-to-peer cash system was, first of all, supposed to be a medium of exchange. However, grappled with scalability concerns…