Analytics / Forex and Crypto News
In the first half of 2019, the social network Facebook can release its own digital asset. This was reported by the newspaper New York Times, citing four anonymous sources.
New York Times notes that Facebook Coin developers are negotiating simultaneously with several cryptocurrency exchanges for the subsequent listing of the coin.
It is worth noting that rumors of a social network’s intention to launch its token appeared last year. In December, there were even reports that Facebook will introduce a payment service for using cryptocurrency through the WhatsApp messaging application.
However, none of the official representatives of the social network hasn’t confirmed the rumors that have spread, so many people called the news of Facebook’s desire to launch its token as one of the fakes in 2018 in the crypto community.
But it is worth noting that some crypto-enthusiasts reacted positively to these rumors.
For example, the founder of Morgan Creek, Anthony Pompiano, tweeted:
If Facebook launches its stablecoin, which they reportedly develop, it will quickly become the most used product in the cryptosphere. In India, WhatsApp has over 200 million users. Indian authorities are struggling with cryptocurrencies, so everything will be interesting.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov