Recap | US Treasury Secretary: Bitcoin a "national security issue," cryptocurrency dominated by illicit activity and speculation
US Treasury Secretary: Bitcoin a "national security issue," cryptocurrency dominated by illicit activity and speculationFollowing President Trump's derisive tweet about Bitcoin, U.S. Secretary of the Treasury Steven Mnuchin held a briefing on regulating Bitcoin and Facebook's Libra because of their use in criminal activity and the threat they pose to the financial system. After the recent drop is Ethereum, XRP and Litecoin due for a rebound?
40-years trading veteran Peter Brandt stated that if Bitcoin continues retracing it could violate the "parabolic phase" that started in December 2018 and fall up to 80 percent from current levels, taking Ethereum, XRP, and Litecoin down with it. Bitcoin fell below $10,000; Ethereum, Litecoin, Bitcoin Cash devastated, XRP holds
From a local peak on July 12, Bitcoin tanked from a high of $11,950 to a low of $9,857. Meanwhile, most altcoins experienced even larger double-digit losses. Bitcoin network hashrate sees fastest growth in history
The Bitcoin network hashrate reached its all-time high this month, reaching 74.5 EH/s on Jul. 5. The hashrate has also recorded its fastest growth in history, Binance Research revealed, increasing by 13.11 EH/s in the past month. Nouriel Roubini lost his cool during debate with BitMEX CEO Arthur Hayes
The first videos of the highly anticipated debate between Dr. Nouriel Roubini and Arthur Hayes have been released, showing the affectionately called Dr. Doom losing his cool when the topic of Bitcoin's scalability was discussed. ICYMI🏦 Donald Trump: If Facebook wants to become a bank, they must be subjected to all banking regulations 🔥 Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned 🤦🏻♂️ Algorand misrepresents its performance against Bitcoin 📈 Modeling altseason, estimating Ethereum, XRP, Bitcoin Cash, Litecoin prices using BTC dominance 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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