‘I’d Like to See Us Test $5,000’: BitMEX CEO Pragmatic on Bitcoin Price Rise

Arthur Hayes of BitMEX has countered hype surrounding this week’s Bitcoin price rise, warning the “worst” is still to come. Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have … Read more

Korea’s Financial Regulator Will Establish a Positive Cryptocurrency Policy Body

South Korea’s primary financial regulator will establish a new policy-making body centered on nurturing Korea’s fintech industry with a specific focus on cryptocurrency and blockchain technology. The Financial Services Commission (FSC) is set to establish a new policymaking body dubbed the Financial Innovation Bureau to proactively help the fintech industry while formulating policies for the … Read more

Vietnam’s Central Bank Approves Call to Suspend Import of Cryptocurrency Miners

Vietnam is closing in on a sweeping move to – temporarily – ban the import of ASIC cryptocurrency mining equipment after the central bank approved the proposed plan. The State Bank of Vietnam (SBV), the country’s central bank, is in agreement with a government ministry’s proposal to suspend imports of cryptocurrency miners, local publication Vietnam … Read more

Bitcoin Skeptic Peter Schiff to Joe Rogan: BTC Will Plummet, Voorhees Debate Rigged

At the hour and twenty four minute mark, slightly more than half way in their time together, famed bitcoin (BTC) skeptic Peter Schiff brought the conversation back to his favorite foil: cryptocurrencies are bunk. It was Mr. Schiff’s third appearance on The Joe Rogan Experience podcast, and he took the opportunity to blast the world’s … Read more

PayStand Announces Partnership With Commerce.Innovated to Build Out Blockchain-B2B Payments Network

PayStand, the blockchain-based, B2B payments company reinventing commercial finance, today announced that it is partnering with Silicon Valley Bank and First Data in Class 8 of Commerce.Innovated., an accelerator program focused on growth and innovation in finance. According to PayStand, Commerce. Innovated is designed to help… Read More The post PayStand Announces Partnership With Commerce.Innovated to … Read more

EY Announces Acquisition of New Cryptocurrency Technology & Related Patents From Elevated Consciousness

Ernst & Young LLP (EY) announced on Thursday it has acquired technology assets and related patents from Elevated Consciousness, Inc., a U.S. startup focused on developing unique solutions for the crypto-asset ecosystem. EY reported that the acquisition is part of its strategy to expand blockchain-related… Read More The post EY Announces Acquisition of New Cryptocurrency … Read more

Huobi Launches Huobi Cloud for Establishing and Operating Digital Assets Exchanges

Huobi Group has launched a new platform, Huobi Cloud, that allows users to build digital asset exchanges on top of Huobi’s existing platform. Huobi Group has announced the launch of a new platform, Huobi Cloud, that will allow users to build digital asset exchanges on top of Huobi’s existing platform. According to a statement shared … Read more