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MyBitcoin Cryptocurrency News



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MyBitcoin brings you the best Bitcoin analysis, Blockchain reports and Cryptocurrency News. Subscribe and feel free to reach out with any ideas to improve the value being delivered daily here. Admin: @DasMupp">@DasMupp Marketing: @DasMupp">@DasMupp


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Latest publications

262

​​Bitcoin Bankrolls Above $10,000 USD as BTC Price Soars 33% in 10 Hours

• Bitcoin price rises from $7,400 to over $10,000 BTC/USD briefly
• Exactly 200 days before the bitcoin mining halving
• Last Week Today: Recap of the Top Bitcoin News Stories in the Past Few Days

The price of Bitcoin was under $7,500 USD less than 24 hours ago and has now soared over 30% to rise above $10,000 in the past 10 hours.


06:06 26.10.19
572

​​- Chat sorting and grouping in Telegram.
- Separate tab for Unread messages.
- Neurobots chat-assistants.
- Telegram channel lists.

These features are available in the new alternative iMe Messenger client as well as regular Telegram features.

Download iMe Messenger from App Store and Google Play or https://imem.app/dl and use Telegram in a fresh new way.


20:08 23.10.19
490

​​“I Actually Don’t Know If Libra Is Going To Work,” Facebook CEO Mark Zuckerberg Testifies Before Congress

Facebook's Multi-Billionaire CEO Mark Zuckerberg appears before Congress to testify about Libra stablecoin cryptocurrency project and has many interesting comments to cover.

“I actually don’t know if Libra is going to work, but I believe it’s important to try new things and innovate,” said Facebook (FB) chief executive Mark ‘Zuckerbuck' while he was grilled by lawmakers over the company's plan to launch a digital currency before a Congressional panel on Wednesday.
Zuckerberg explained that the idea behind its cryptocurrency project Libra is to make sending money as easy as sending a text message and helping the unbanked that includes 14 million US citizens.

Democratic Congressman Brad Sherman of California however, tore into Zuckerberg for his claims of helping poor and unbanked people when “You’ve done no effort to help the unbanked anywhere else and any other time.” Sherman said Facebook is only trying to help the drug dealers and tax evaders.
With the financial industry stagnant, Libra, Zuckerberg believes can solve the problems that the current system is failing.


19:07 23.10.19
714

​​The cryptocurrency market  update: bulls hit the pause button as recovery stalls


• Bitcoin (BTC) has settled settle above $8,200 as the upside momentum is losing traction.
• Altcoins are range-bound with bearish bias during early Monday hours. 

Bitcoin has recovered above $8,000 to trade at $8,220 at the time of writing. However, the upside momentum seems to be fading away as all major digital assets are nursing marginal losses during early Asian hours on Monday. The total cryptocurrency market capitalization settled at $222 billion, an average daily  trading volume is registered at $57 billion, while Bitcoin's market share recovered to 66.6%

Top-3 coins price overview 
BTC/USD took off from the support of  $7,800 on Sunday and broke above $8,000 barrier; However, the upside momentum faded away on approach to $8,300. Despite the retracement from the recent high, BTC/USD is trading with 3.5% of gains on a day-to-day basis, unchanged since the beginning of Monday. 
 
Ethereum, the second-largest digital asset with the current market capitalization of $18.9 billion, is hovering at $174.53, off the recent high registered at $175.72. Looking technically, ETH/USD is vulnerable to further losses as long as the critical Resistance of $180.00 remains unbroken. ETH/USD has gained nearly 2% in the recent 24 hours.
  
Ripple’s XRP has gained about 1.3% of its value to trade marginally above $0.2900 at the time of writing. XRP/USD has retreated from thee intraday y high of $0.2949 as the upside momentum fade away on approach to the critical resistance level. Ripple's current market value is registered at $12.6 billion, while an average daily trading volume stays at $1.6 billion, according to CoinMarketCap's data.


06:06 21.10.19
463

​​HTC Launches Blockchain Phone with Full Bitcoin Node Support

Taiwanese electronics company HTC has launched a blockchain phone barely six months after it announced a crypto-friendly smartphone. The device is called EXODUS 1s and it is a more affordable version of the flagship EXODUS 1 device from HTC which was announced last year.


19:07 20.10.19
476

​​Telegram Denies SEC’s Claims: Stating That TON's GRAM Tokens Are Not Securities

Telegram reacts to SEC's complaint against the company, contending that Gram, the local digital currency for the Telegram Open Network (TON), isn't a security.

As of late, The U.S Securities and Exchange Commission ordered the well known encrypted messaging app- Telegram, to stop the launch of its token in a “crisis” claim. By October 31st, Telegram would have liked to disperse $1.7 billion worth of pre-purchased “Gram” tokens to its investors however due to the order placed by the SEC it had to put a hold to that arrangement.

As per the document in the court, Telegram pushed back the U.S. regulators by asserting that its Gram token isn't a security. The firm underlined the fact that under the Securities Act 1993, previously Private Placement was regarded as a protection offering compliant by Telegram with legitimate exceptions to enrolment. The firm also stated that with the launch of TON blockchain, the grams will just be regarded as cash or product such as gold or silver, yet not a security.

The issue is a significant one for Telegram. The reason the tokens were booked before was because Telegram guaranteed the progress of TON’s blockchain framework. Investors were requested by way of an email for an extension of time for the network to function. An inability to do so by the end of October would qualify for a full refund to its investors. The uncertainty of Gram's association with initial coin offering (ICO) items was considered by Telegram. Telegram expressed that it has never given security to people in general through an ICO. Telegram clarified that the firm went into private purchases as opposed to doing an ICO-like item, with a predetermined number of buyers that gave the future installment for Gram currency.

Telegram, in the filing, requests the court to deny the SEC's complaint, including the SEC's interest for Telegram to present before them its reports and witnesses; also have the court date for both SEC and Telegram to present an expedited case schedule to resolve the legal issues underpinning the SEC’s claims.”
A former SEC counsel – Philip Moustakis said – In the event that Telegram loses in court, it is most likely to face one of two common punishments, one being “disgorgement,” which would constrain the organization to surrender its illegal profits, and the other “rescission,” which would allow speculators to sell their tokens back and recover any misfortunes.


19:07 20.10.19
416

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18:06 20.10.19