Crypto Diaries: Facebook reveals the White paper for its stable coin Libra

3 min read

The announcement by the social media giant Facebook to launch its own native digital token dubbed as ‘Libra’ as per the white paper released, is perhaps the biggest announcement Cryptoverse has seen in its short history of a decade. More on this & some other recent developments later. Unexpectedly though, the noise around Libra coin didn’t have any discernible impact on the prices of mainstream Cryptos. Bitcoin, the crypto kingpin is consolidating just below the high of over $9400 reached earlier. BTC dominance stands at 57.3% with the total market cap of $284 billion for the Cryptos at the time…...

This article is free to read

Login to read the full article


OR

By subscribing to our main site, you will also be subscribed to DDIntel - our regular letter showcasing our featured articles and applications.

Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.