Why is Facebook launching Libra??? + $70 Bitcoin Giveaway

Today I am super glad to share with you some interesting news pieces for today! This week we are also going to give away $70 in Bitcoin as our lucky audience. If you like this gift, all you need to do is to like, comment, and subscribe. This Saturday, we will be drawing a video and then randomly drawing a winner from the video. Good luck to you all!!

Now let’s see the performance of today’s market. That’s so cool in the top 10 guys. Bitcoin once again breaks the $11,000 mark with 3.01% increase. In the second and third place, Ethereum and XRP are also gaining by 1.75% and 2.19% respectively. How about the top 20? NEO token is increasing significantly by 8.19%, while at the 18th position, Cosmos is losing 1.29% in the past 24 hours.

And guys, let’s jump to the very first news segment. Per a report by Thomas Barrabi on Fox Business, Bitcoin has once again gone across the $11,000 line. He called it is a timeline of cryptocurrency‘s rise, fall, and rebound.

In order to prove the cycle of Bitcoin’s movement, Fox Business breaks down key milestones. In 2009 Bitcoin was created and the first transaction occurred in 2010. In 2011, Bitcoin was traded higher than the value of a U.S. dollar for the first time. Two years later, it reached $1000 mark before the Mt. Gox collapses in Feb 2014. In 2017, Bitcoin surprisingly broke the $10,000 and then $19,800 marks. Soon later in 2018, its price plummeted to around $4,000 before gradually coming back to more than $10,000 as you can see now.

Let’s move on to the second news item. According to The New York Times, Facebook’s new cryptocurrency takes a very special responsibility: Libra is the social network’s last, best hope to regain the public trust of Facebook after the recent crisis.

And finally, let’s explore the last news item. Reportedly on Daily Hodl, two Latin American Banks, Banesco Panamá and Scotiabank Chile, are testing Ripple’s Cross-Border payments technology across eight countries. The Banesco Panamá said: “Banesco’s proof of concept used the xCurrent network for the funds transfer, seeing use of Ripple’s cryptocurrency XRP as being a step further than it is comfortable with.”

And that is the last item of today video.

So guys, what are your thoughts on the news?
Did you think Bitcoin would surpass $11,000?
How about the function of the Libra token, do you believe that Facebook can regain its reputation and trust from users?
Are you excited to hear that more and more banks are integrating crypto payment into their systems?

Don’t hesitate to share with me what you think in the comments below. We are very happy to discuss with you. And don’t forget that we are giving a $70 gift in Bitcoin tokens. All you need to do is just like, subscribe and comment right below.

It’s Cindy with CryptoPig. I’ll see you guys tomorrow.

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