Recap | Institutional demand for Bitcoin and Ethereum causes Grayscale AUM to nearly triple, reduces exposure to XRP | "Zuckbucks" encounters resistance due to Facebook's damaged reputation📈 BTC: $9840 (+2.7%) 📈 ETH: $214.46 (+6.3%) 📈 XRP: $0.31 (+4.9%)
Institutional demand for Bitcoin and Ethereum causes Grayscale AUM to nearly triple, reduces exposure to XRP
Grayscale Investments, a New York-based digital currency asset management firm, released its investment report for Q2 2019. Zuckbucks encounters resistance due to Facebook's damaged reputation, Libra may precipitate unfavorable legislationFacebook's Calibra CEO David Marcus took another beating, this time from members of Congress, with one lawmaker even scorning the proposed Libra cryptocurrency as "Zuckbucks." Claymore token appears to have exit scammed, all social media accounts deleted
The team behind the Claymore (CLM) token project, a deflationary cryptocurrency launched on the Ethereum blockchain, appears to have pulled an exit scam. Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin
The focus of the hearing between Facebook's David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U.S. doesn't act quickly, Bitcoin could jeopardize the dollar's dominance. ICYMI📉 Crypto markets rattled, Bitcoin breaks below $10,000 as altcoins crash 😳 Vitalik Buterin proposes using Bitcoin Cash as Ethereum's data layer 📈 Growing hashpower means Bitcoin and Bitcoin Cash could halve at the same time 🤦🏻♂️ Tether accidentally issues $5bn worth of USDT, claims it was an issue with decimals Featured blockchain companiesThanks to the following companies for their support: 📈 MeterQubes - offers the next generation peer-to-peer decentralized trading platform. 🚀 MXC - MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. Want to be featured here? Contact us to learn more. Crypto market dataFor more pertinent market data, please see: ⚡️ CryptoSlate ResearchCryptoSlate Research is an an exclusive, premium newsletter that delivers thoroughly researched, long-form analysis from cryptocurrency and blockchain experts. Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram 🔥 Interested in sponsoring this newsletter? Contact us. Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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