Facebook’s Libra: The AOL of Cryptocurrency
In 2018, Facebook announced that it was putting its VP of Messaging Products, David Marcus, in charge of an experimental blockchain unit at the company.
In 2018, Facebook announced that it was putting its VP of Messaging Products, David Marcus, in charge of an experimental blockchain unit at the company.
Summary: The SFOX Multi-Factor Market Index has moved from mildly bullish to neutral as of August 5th, 2019. The S&P 500 is currently negatively correlated with all leading cryptocurrencies.
Ever since Facebook announced its cryptocurrency project, Libra, on June 18th, news and speculation of the social media giant’s foray into the crypto space has dominated the
Summary: The SFOX Multi-Factor Market Index has moved from uncertain to mildly bullish as of July 9th, 2019. Facebook’s Project Libra took center stage, highlighting both institutional interest in
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