Facebook’s Crypto Launch May Push Bitcoin to $10K in June

Bitcoin price could rally to $10,712 in June amid current investor sentiment and the launch of Facebook’s ‘cryptocurrency’ GlobalCoin, according to a prominent analyst.  Bitcoin to $10K in June? ThinkMarkets Chief Market Analyst Naeem Aslam has concluded that June will be a phenomenal month for Bitcoin price action. Historically, May has been the best performing […]

Continue Reading

Facebook Talks ‘GlobalCoin’ With CFTC (While Bitcoin Never Had To)

Facebook is reportedly in talks with US Commodities and Futures Trading Commission regarding the future of its GlobalCoin ‘cryptocurrency.’ Facebook In Talks With The CFTC The world’s largest social media website, Facebook, has reportedly entered into a conversation with the US Commodities and Futures Trading Commission (CFTC). According to the reports, the Chairman of the […]

Continue Reading

Why Facebook’s Foray into Crypto Could be Fruitless

Mainstream media was abuzz last week with the news that Facebook has plans to launch its own digital token, ‘GlobalCoin’. This highlights the ignorance that big news outlets have, as Facebook really is ill-suited to have anything close to what we consider cryptocurrency. Cryptocurrency by nature is a mathematically secure, disruptive peer to peer technology […]

Continue Reading