Mark Carney (Bank of England) comments on Facebook’s Libra. Bitcoin ends 6-day winning streak and Ethereum 2.0 is coming.

Your latest daily crypto news, summarized by the Crypto2Cash team.

Crypto2Cash
2 min readJun 19, 2019

Mark Carney comments on Libra

Mark Carney, the governor of the Bank of England, stated that Facebook’s Libra cryptocurrency could be subject to the ‘highest standards’ in global regulation. Carney also noted that he would keep an ‘open mind’ on Facebook’s Libra cryptocurrency.

Bitcoin ends six-day winning streak

Bitcoin ended a six-day winning streak last Tuesday. This winning streak saw the price climb from 8.120 USD to 9.366 USD between the 12th and 17th of June. This streak was the longest stretch of daily price gains since July 2018.

Ethereum 2.0 is coming

A new iteration of the Ethereum blockchain, dubbed Ethereum 2.0, may launch as soon as January 2020. Launching Ethereum 2.0 is helping Ethereum transition to a ‘proof of stake’ consensus model, instead of the ‘proof of work’ consensus model it is currently using.

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