According to CoinDesk, China’s bitcoin exchanges have received more clarity regarding the future of their businesses. At this time, it appears the key element of the new regulatory environment is the removal of the CNY-BTC trading pair.
According to CNBC, strategist Tom Lee believes bitcoin could surge to $25,000. His price estimate is based on bitcoin’s potential ability to creep into gold’s total market valuation.
According to The Washington Post, former commissioner of the SEC Arthur Levitt has said that cryptocurrencies are here to stay. Levitt added that he isn’t sure if it will be bitcoin, ethereum, or some other cryptocurrency that turns out to be the most successful.
According to Forbes, bitcoin miners may eventually move to space in order to take advantage of cheaper energy production costs.
According to the BTC-e Twitter account, the controversial exchange that has found itself in legal trouble from US law enforcement has relaunched under a new name (WEX) and trading is live.
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