Reuters Bitcoin slumped as much as 9% on Wednesday — hitting its lowest level since June — ahead of Facebook CEO Mark Zuckerberg's testimonial on the company's proposed cryptocurrency, Libra.  Zuckerberg is due to answer questions from a House Financial Services Committee about Facebook's ambitions in financial services.  Other cryptocurrencies also slipped, with Ethereum falling 10% at its lows.  Watch Bitcoin tr...

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Mark Zuckerberg PhotoMark Zuckerberg: Mark Elliot Zuckerberg is an American computer programmer and Internet entrepreneur. He is best known as one of five co-founders of the social networking site Facebook. Zuckerberg is the chairman and chief executive of Facebook, Inc. Zuckerberg's personal wealth is estimated to be 9.4 billion as of
- Mark Zuckerberg Wikipedia
Facebook PhotoFacebook: Facebook is an online social networking service. Its name stems from the colloquial name for the book given to students at the start of the academic year by some American university administrations to help students get to know each other. Facebook was founded in February 2004 by Mark Zuckerberg with
- Facebook Wikipedia
Bitcoin: Bitcoin is a cryptocurrency where the creation and transfer of bitcoins is based on an open-source cryptographic protocol that is independent of any central authority. Bitcoins can be transferred through a computer or smartphone without an intermediate financial institution.[10] The concept was int
June: June is the sixth month of the year in the Julian and Gregorian calendars and one of the four months with a length of 30 days. June is the month with the longest daylight hours of the year in the Northern Hemisphere and the shortest daylight hours of the year in the Southern Hemisphere.[citation ne
Wednesday: Wednesday is the day of the week between Tuesday and Thursday. According to international standard ISO 8601 adopted in most western countries it is the third day of the week. In countries that use the Sunday-first convention Wednesday is defined as the fourth day of the week. It is the fourth day o
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
New York: New York is a state in the Northeastern region of the United States. New York is the 27th-most extensive, the 3rd-most populous, and the 7th-most densely populated of the 50 United States. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermon
Financial: Finance is the science[citation needed] of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency