0
📰 News

US Lawmakers to Grill Facebook CEO Mark Zuckerberg on Libra

  • 📰 News

    House members will have a unique opportunity to grill Zuckerberg himself

Cover image via news.u.today

Mark Zuckerberg, the CEO of social media juggernaut Facebook, is expected to testify before the House Financial Services Committee on Oct. 23, Business Insider reports. 

It is worth noting that Facebook’s Blockchain head David Marcus has already endured two congressional hearings. However, this is the first time when US lawmakers will be able to talk Libra with none other than Zuckerberg himself. 

👉MUST READ

Bug Bounty Program Launched by Libra Association Will Reward Security Experts

Bug Bounty Program Launched by Libra Association Will Reward Security Experts

Libra, which created an enormous amount of buzz after its announcement, has since faced many regulatory hurdles. As reported by U.Today,  Ripple CEO Brad Garlinghouse doesn't think that the stablecoin will be launched by 2023. 

France and Germany made it clear that they would block Libra. Meanwhile, Apple CEO Tim Cook recently threw shade at the Facebook coin by criticizing private companies that launch their own cryptocurrencies.         

 

Join our Telegram channel to get news even faster!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

This block is broken or missing. You may be missing content or you might need to enable the original module.
Recommended articles
0
📰 News

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • 📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

👉MUST READ

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

This block is broken or missing. You may be missing content or you might need to enable the original module.
Recommended articles