Justin Sun, the founder of Tron and winner of the annual auction for a lunch with renowned investor Warren Buffett, has invited more notable figures from the crypto industry to attend. Earlier today, July 21, Sun invited the founder and CEO of trading platform eToro, Yoni Assia, to the lunch with the chairman and CEO of Berkshire Hathaway via tweet. Assia quickly responded saying, “Justin, it is my honor to join you for lunch with @WarrenBuffett. A big step for bridging between the traditional finance world and the new one!” Yesterday, Sun invited the head of the Binance Charity Fund, …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. While Libra is expected to draw retail customers to cryptocurrencies, Bakkt is likely to attract institutional investors. Following the Bakkt Digital Asset Summit held on July 18, Managing director and quant strategist at Fundstrat Global Advisors Sam Doctor anticipates that Bakkt’s Bitcoin futures contracts might launch in the current quarter. Fidelity’s crypto arm …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The bashing of Libra continues, with G7 finance ministers warning that if the project is not regulated tightly, it can upset the global financial system. The ministers are against a private company issuing its own currency without any control. Nonetheless, the project got support from unexpected quarters. The head of Germany's central bank Jens …
Circle CEO Jeremy Allaire will attend the crypto power lunch alongside Berkshire Hathaway CEO Warren Buffett, Tron CEO Justin Sun and Litecoin creator Charlie Lee. On July 19, Allaire accepted Sun’s invitation on Twitter to join the much-anticipated $4.6 million lunch with the well-known Bitcoin (BTC) skeptic to discuss issues in crypto industry. In just three minutes after Sun posted the invitation, Allaire tweeted that he is honored to join, adding that the meeting would be a great chance for both Buffett and crypto community representatives to learn from each other. First announced in early June, after the Tron CEO …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin rallied from $3,355 on Jan. 29 to a high of $13,973.5 on June 26. That is a gain of 316.49% in just under five months. In that, the last 56% of the rally happened after Facebook unveiled Libra. In the past few days, Libra has come under increased scrutiny from regulators and politicians …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The sharp recovery from the lows led by Bitcoin was largely based on the pretext that institutional players had finally started to take greater interest in the asset class. The sharp uptick in Bitcoin futures volumes and increased demand for Grayscale Bitcoin Trust shares was thought to be indicative of this. However, Binance's chief …
Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange Poloniex to the Tether Treasury via the Omni protocol on the Bitcoin (BTC) blockchain. The account subsequently reported that Tether Treasury minted 5 billion USDT tokens on the Tron blockchain, after which it burned them. Then, Tether minted another 50 million USDT on the same chain, burned another 4.5 billion USDT, and finally transferred 50 million Tron-based USDT …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. United States President Donald Trump bashed both Facebook’s Libra and Bitcoin in a series of tweets on July 11. However, the interesting thing is that unlike the U.S. stock markets, which respond sharply to Trump’s tweets, the crypto universe was unaffected. Many believe that the statement from Trump is a strong positive. According to …
Opera has added support for Bitcoin (BTC) and Tron (TRX) blockchain-based tokens to the crypto wallet for Opera for Android (version 53 beta). In an official blog post published July 10, the internet browser developer revealed that users of Opera for Android can now send and receive BTC, TRX and TRC-10 standard tokens and that webpages can also request and receive addresses for users to complete transactions with BTC. Opera characterizes this second functionality as “an experimental integration of Web 3” — a term that was initially coined to refer to the ambition to develop a semantic internet, and is …
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. CEO of BitMEX Arthur Hayes believes that Facebook’s Libra could make central and commercial banks irrelevant. It will be interesting to note whether this will force the commercial banks to walk down the crypto path. Investment banking giant Goldman Sachs certainly seems to be taking the first step. It has advertised a position for …
Peer-to-peer torrent client BitTorrent has launched its downloads optimization software, BitTorrent Speed, with native token functionality. The news was revealed in an official press release published on July 8. As reported, Bittorrent launched a native Tron blockchain-based token, BitTorrent (BTT), at the start of this year, having revealed plans to evolve a tokenized content platform that would enable users to optimize their network speed and attain faster downloads. As per the press release, the Bittorrent Speed software will now be integrated into all new downloads of the company’s µTorrent Classic Windows client. The BitTorrent Speed website reveals that users will …
The Tron Foundation issued an official response to a recent protest against a ponzi scheme that went under a Tron-like name, today, July 8. As Cointelegraph previously reported, protestors swarmed the Beijing research and development offices of Raybo technology — a partner firm of Tron’s — to express outrage at a local cryptocurrency scam operating under a Tron-like name that reportedly led to $30 million worth of losses and one suicide. The offices were eventually surrounded by police, who contained and subsequently removed the protestors. In its official statement, Tron said that it communicated with the protesters and discovered that …