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Markets Update: BCH Prices See Uncorrelated Movement Gain 13%

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Cryptocurrency markets are seeing some gains today as most digital assets are up over the past 24-hours between 3-15 percent. Bitcoin Cash (BCH) values spiked considerably during the day’s trading sessions on May 5 touching a high of $1,740 per BCH. At the time of publication, the price of BCH is hovering around $1,720 per … Read more

Bitcoin Price Watch: Currency Surges Past $9,800

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Bitcoin now sits beyond the $9,800 mark. This is a $200 rise from yesterday’s $9,600, which in turn was about $200 more than bitcoin’s previous high. Sentiment is growing that the currency could surpass $10K as early as next week. According to one analyst, bitcoin needed to jump past $9,200 to increase its “bullish profile,” … Read more

South Korean Lawmakers Draft Bill to Legalize Some Initial Coin Offerings

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A group of South Korean lawmakers is working on a bill to legalize initial coin offerings (ICOs), providing they meet certain conditions under the supervision of the government. Meanwhile, the current ICO ban in the country has driven many domestic corporations to raise capital overseas. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bill … Read more

South Korean Company Launches Platform Meant to Protect ICO Investors

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Various Asian countries have taken a harsh stance against initial coin offerings. Given the previously unregulated nature of that industry and the large sums being raised by ICO teams, that is not a big surprise. It seems one South Korean company is trying to have a positive impact on the sector. The Korea M&A Center is launching a new platform meant … Read more

Controversy Looms Over Bithumb Coins

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South Korean cryptocurrency exchange Bithumb is reportedly re-evaluating its strategy to launch its own coins through a corporation in Singapore, following news of fraud that could have serious side effects to both companies. Under the current laws, Bithumb coins will still be subject to Korean regulation whether launched abroad or not. Also read: Yahoo! Japan Confirms … Read more

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