NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Crypto Tidbits: CBOE Pauses Bitcoin Futures, Tether Controversy, Stellar Lumens On Coinbase

Nick Chong
Nick Chong
6 years ago
4 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Another week, another influx of intriguing pieces of crypto news. This week saw an array of interesting industry happenings, as the Bitcoin (BTC) price kept relatively flat. While there were some harrowing pieces of news, developments in this space were arguably positive overall.

Comments issued to NewsBTC at Token2049 would confirm this sentiment. Like many others we spoke to, Justin Sun, the chief executive of Tron, expressed optimism, explaining that the growth of the Lightning Network, the impending arrival of the block reward reduction, and his company’s BitTorrent integration is why he expects for the coming year to be strong.

Related Reading: Exclusive: Why Tron CEO Expects Bitcoin, Crypto Assets To Rally In 2020

Crypto Tidbits

  • Barclays Analyst Estimates Facebook to Net $19 Billion From Crypto Offering By 2021: Per CNBC, which cited research compiled by Barclays’ Ross Sandler, the Silicon Valley-based Facebook may stand to gain $19 billion in revenue by 2021 for the launch of Facebook Coin (FBCoin). Sandler explained that if worst comes to worst, the social media giant may ‘only’ net $3 billion revenues from the digital asset, a (centralized) cryptocurrency reported to be a USD-backed stablecoin for that social media ecosystem. This means that the Silicon Valley firm’s first consumer-facing blockchain product could be integral in the company’s future, which is now uncertain due to privacy concerns, executive departures, and the ever-present #deletefacebook movement.
  • CBOE Puts A Pause On Bitcoin Futures: On Thursday afternoon, the CBOE made waves in the American cryptocurrency market. In a brief announcement, released to the trading platform’s clientele, the Chicago-headquartered exchange revealed that it would not be offering an XBT (Bitcoin) contract for trading in March 2019. This means that by June 2019, the company’s clients will have no open interest in any of the Bitcoin contracts the CBOE has to offer. No explicit reasonings were cited for this move, but it is believed that the platform’s competitor, the CME, was stealing much of its thunder.
  • South Korean Tech Giant Kakao Raises $90M For Blockchain Platform: Per a report from Bloomberg, Ground X Corp, South Korean technology firm Kakao’s blockchain branch, has just finished (publicly announced) a $90 million raise, which flew under the radar of most in the public audience. The branch purportedly raised this nearly nine-digit sum in classic crypto startup fashion, through a private coin offering, and plans to raise a similar amount starting now. With the initial $90 million and the expected second cheque, the startup, whose parent company’s, Kakaotalk, has over 50 million active users, intends to prepare for a June launch of its blockchain platform. Klaytn will start its life as a blockchain platform for third-party applications, from games to travel apps, instead of a direct feed to Kakao. More specifically, Ground X purportedly has 26 partners, including gaming company Wemade, streaming service Watcha, and travel agency Zanadu, lined up for integration.
  • Stellar Lumens Now Live On Coinbase Pro: XRP’s long lost brother, Stellar Lumens (XLM) has been added to Coinbase Pro. In an announcement made last week, the San Francisco-based exchange unveiled support for the popular cryptocurrency, backed by IBM and the recent victim of a logo redesign. Funnily enough, the cryptocurrency barely budged off this news, posting minimal gains following its addition to Coinbase’s professional-facing, order book-centric exchange.

Inbound transfers for XLM are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/NgCiWEkii8

— Coinbase Exchange 🛡️ (@CoinbaseExch) March 13, 2019

  • Binance To Launch Next Fiat-To-Crypto Platform In Argentina: Changpeng “CZ” Zhao, CEO of Binance, recently took to Twitter to quip, “guess where we will have a new fiat-to-crypto exchange next?” in response to a tweet regarding the Argentinian government’s stamp of approval of blockchain technologies. This, of course, heavily implies that the startup will be launching a fiat-supported exchange in the South American nation in the coming months. Binance Argentina, as the venture will most likely be known, will follow similar ventures based in Singapore, Lichenstein, Jersey, and Uganda.
  • Tether Drops 100% Fiat Backing For USDT: Popular stablecoin Tether’s website once read that each USDT was backed one-to-one by “traditional currency,” namely the U.S. dollar and the Euro. Now, the official description of the popular crypto asset reveals that USDT isn’t solely backed by government-issued currencies, but by alternative assets too. Sure, the statement is rather nebulous, skirting around the details, but many industry commentators and investors are convinced that this means USDT could be utilizing a fractional reserve system. Others claim that Tether is looking to invest much of its reserves, as it sees potential in buying Bitcoin and other digital assets at such valuations.

Featured Image from Shutterstock
Tweet123Share218ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price

Bitcoin Soars Past $118,800—Breakout Or Brutal Bull Trap?

Bitcoin’s summer rally accelerated in the early hours of 11 July, when the benchmark cryptocurrency sliced through $118,000 and printed...

Jake Simmons 1 hour ago
Ethereum

Ethereum Price Breaks Through 50EMA After Rejection, ETH Dominance Sees Resurgence

The Ethereum price is once again gaining momentum and looks set to reach new highs. Crypto analyst Doctor Profit commented...

Scott Matherson 2 hours ago
XRP

Don’t Hold Back—Expert Recommends Full Stake In XRP

A top crypto analyst is making waves with a strong call: Going all-in on XRP should be a priority. That’s...

Christian Encila 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential

Ash Tiwari 33 minutes ago

迷馬斯克發言引爆PNUT價格爆漲20% 迷因幣火熱本周末不能錯過的1000倍幣!

Mark Mak 33 minutes ago

比特幣強勢爆發 標普創歷史新高 SPX6900與T6900代幣蓄勢待發 即將引爆新一輪行情

estherw 1 hour ago

Premium Sponsors

Press Releases

  • 4 kryptomeny, vďaka ktorým toto leto zmeníš 1000 € na...

    6 hours ago
  • 3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    6 hours ago
  • 4 kryptowaluty, dzięki którym tego lata zamienisz 1000 zł w miliony

    4 kryptowaluty, dzięki którym tego lata zamienisz 1000...

    6 hours ago
  • 4 criptomonede cu care poți transforma 1000 de lei în milioane vara aceasta

    4 criptomonede cu care poți transforma 1000 de lei în...

    9 hours ago
  • 3 altcoinuri de urmărit în a doua săptămână a lunii iulie 2025

    3 altcoinuri de urmărit în a doua săptămână a lunii...

    10 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.