The price of Bitcoin (BTC/USD) today is $10,446.78 USD with a total market cap of $186,230,171,370.
Last week saw a flurry of high profile comments on cryptocurrencies and their role on the international stage. It started with The Federal Reserve Chairman Jerome Powell's testimony on cryptocurrencies before the Senate Banking Committee, commenting that it is possible that a cryptocurrency ecosystem could replace the need for reserve currencies as we know them.
Ethereum continued to take chunks out of Bitcoin last week with significant developments that further signalled an eventual "flippening" between the two market caps.
Markets are beginning to rise rapidly but new retail investors are nowhere to be seen. This bull run may only just be getting started.
Leaked information about Facebook's Libra project came to light last week, detailing the list of founding members who back the project. The list includes the likes of Uber, Mastercard, PayPal and dozens more.
Prices rocked a little after the KIN token was slammed by the SEC who alleges that the company behind it conducted a $100M illegal token sale. More details have also arisen about the Facebook cryptocurrency with a whitepaper expected on June 18th.
