Global: Bitcoin Rallies to A Six-month High, Other Cryptocurrencies Also Jump

Bitcoin is on a tear Friday, climbing to a fresh six-month high. The world’s best-known cryptocurrency jumped more than 7% Friday to around $5,750, according to CoinDesk data, its highest level since November 14. The reason for the upward move...

Global: Is a Binance Stablecoin On the Horizon? CEO Teases Investors Should Be “Careful...

Binance is the leading cryptocurrency exchange in the entire world, so their decisions come with a lot of weight in the community. With simply delisting the Bitcoin SV token as a result of comments made by Craig Wright, multiple investors and exchanges...

US: A ‘Bit’ Of A Economic Renaissance In Downtown Las Vegas

Downtown Las Vegas is a stretch of the city that many visitors sidestep in favor of the infamous “Strip.” The often heard refrain? Too gritty. Too rowdy. Unsafe. But let’s look at how Bitcoin is changing this. East Fremont...

Global: Bitcoin Bull Tom Lee Says ‘Crypto Winter’ Is Over And New All-time Highs...

CNBC
Bitcoin is back, according to longtime bull Tom Lee. Despite the cryptocurrency’s drop in early Friday trading — a symptom of worries around the legitimacy of another digital currency called tether — it’s going higher, and may even be in a bull...

Japan: Tokyo Bitcoin Trustee Gains Court Extension for Mt Gox Crypto Rehabilitation

CCN
The Mt. Gox trustee, who is in charge of distributing what remains of Mt. Gox’s assets to claimants, also known as “creditors,” put in for an extension on the filing deadline, which would have been today. The deadline has...

US: Tether, Bitfinex Sued By New York Authorities, Bitcoin Doesn’t Budge (Yet)

According to reports from The Block and the Wall Street Journal, Bitfinex and stablecoin provider Tether are coming under legal pressure from the office of the New York Attorney General (NYAG). Bitcoin has yet to bulge. Per a lawsuit issued by official...

Afghanistan: A War-Torn Nation Hopes to Revive its Economy with Bitcoin

CCN
A war-torn country left to dust and drabbles is attempting to rise back with dignity. And it plans to use bitcoin as its stick. Afghanistan asserted at a recent Spring Meetings summit that it was looking to issue sovereign bonds...

Brazil: Highest Inflation In 4 Years Propels Bitcoin Volume To Record Highs

The inflation rate in Brazil, the world’s ninth largest economy, spiked to its highest level in four years, driving more people to Bitcoin, as indicated by the recent rise in Bitcoin trading volumes. President Jair Messias Bolsonaro took office on...

US: Presidential Hopeful Andrew Yang Pushing For Clear Guidelines on Cryptocurrencies

One candidate seeking to challenge U.S. president Donald Trump during the 2020 presidential elections is promising to create clear guidelines in the world of digital assets to enable businesses and individuals invest and innovate in the area without fearing...

Global: Rakuten Exchange Could Push Amazon to Accept Cryptocurrency

The first four months of 2019 have already kicked off a string of high-profile acquisitions for cryptocurrency, including the development of J.P. Morgan Chase’s stablecoin. With social media giant Facebook looking to release its own coin at some point...

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OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...