BTC Price Reclaims $10K, Politician Compares Libra's Potential Danger to 9/11 Attacks, & Other News
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by Cointelegraph
BTC Price Reclaims $10K After US Lawmaker Says Bitcoin Can't Be Bitcoin has retaken $10,000 today following a moderately volatile month. Some analysts linked this week's correction to technical reasons alongside the Libra hearings on Capitol Hill. Meanwhile, U.S. representative Patrick McHenry said that he believes BTC cannot be killed.
Libra Is Like Sending a Friend Request to Terrorists, Politician Says Brad Sherman described Libra as the "Zuck Buck," accusing the Facebook CEO of deliberately attempting to circumvent America's Anti-Money Laundering laws, and even claimed that Libra had the potential to endanger America more than the 9/11 attacks orchestrated by Osama bin Laden.
Bitcoin Miners Will 'Defend' Price Above $6,500 Ahead of Halving: Analyst Bitcoin miners want to coordinate the market in order to maximize revenues as the 2020 block reward halving nears. According to Filb Filb, midterm action is most likely coming from Bitcoin miners who are selling their mined coins, which can be seen with 12.5 BTC sell orders — i.e., the current mining reward per block, which will decrease to 6.25 BTC in May 2020.
Gang of Masked Men Raid Bitcoin Embassy in Birmingham A gang of masked men have raided a Bitcoin embassy in the English city of Birmingham, sparking a police investigation. The owner of the establishment, Adam Gramowski, told the Daily Mail that he believes the robbers were after cash inside the machine rather than cryptocurrency, adding: "There are no BTC in the machine, they are being sent directly from our server."
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Quote of the day
"If cryptocurrency is used to finance the next horrific terrorist attack, 100 lawyers standing in a row, charging $200,000 an hour, are not going to protect his [Zuckerberg's] rear end from the wrath of the American people"
Brad Sherman Member of the U.S. House of Representatives
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