Facebook Libra Could Launch As Soon As January, Amidst Bitcoin Resurgence
bitcoinist.com
Bitcoin and cryptocurrencies are once again a hot topic, being discussed across the broader financial space the most since Facebook’s Libra cryptocurrency was first announced. The recent rally even became more overheated than when Bitcoin surged from $3,000 to $13,000 in 2019 alongside Facebook Libra rumors hitting a boiling point.
Libra’s announcement let the world know that cryptocurrencies like Bitcoin were here to stay, now that the likes of Facebook were considering rolling out a coin of their own. And with Libra acting as a stablecoin that has competition already from the likes of Tether and USD Coin, it poses no serious threat to Bitcoin or any of the altcoins in the top ten.
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