#CryptoCorner: #Bitcoin Spikes as #BitMEX Goes Down, Thailand’s Central Bank Announces CBDC, #Apple Co-founder Steve Wozniak Talks About Involvement in Blockchain Startup and South Korea’s National Assembly Talks ICOs and #Blockchain
#CryptoCorner:
#Bitcoin
Spikes as #BitMEX Goes Down, Thailand’s Central Bank Announces CBDC, #Apple
Co-founder Steve Wozniak Talks About Involvement in Blockchain Startup and
South Korea’s National Assembly Talks ICOs and #Blockchain
August 22nd
#CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay
($NXTD) and #AI, #IoT, #Blockchain,
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August 22, 2018 Crypto Corner
Bitcoin Spikes as BitMEX Goes Down, Thailand’s Central Bank Announces
CBDC, Apple Co-founder Steve Wozniak Talks About Involvement in Blockchain
Startup and South Korea’s National Assembly Talks ICOs and Blockchain
The price of Bitcoin (BTC) jumped four percent last
night from about $6466 USD to $6816 USD and has come down a bit to around $6675
USD at press time, according to CoinMarketCap. This took place in concurrence with crypto exchange BitMEX’s scheduled
maintenance period. Cointelegraph reports that as BitMEX was down, crypto bulls may
have exploited the opportunity to force a spike in anticipation of an SEC decision
tomorrow on a new Bitcoin exchange-traded fund (ETF). Crypto trader Alex Krüger
tweeted:
The $BTC lightning +7% breakout during Bitmex's
downtime shows why odds of SEC approving the CBOE bitcoin ETF proposal should
be close to zero. Even if no manipulation (that's debatable) this stresses the
importance of Bitmex, a fully unregulated market with 40% market share.
The Bank of Thailand announced plans yesterday to create a wholesale Central Bank
Digital Currency (CBDC) project, called ‘Project Inthanon’. Thailand’s central
bank is collaborating with 8 other banks and utilizing Corda, a Digital Ledger
Technology (DLT) platform developed by R3, to realize the project. The
statement said:
“The outcome and insights from Project Inthanon
will contribute to the design of Thailand’s future financial market infrastructure.”
In an interview with NullTX, Apple co-founder Steve Wozniak spoke about his
planned involvement with Equi, a blockchain startup.
“I’m
involved with, very soon, my first time being involved in a blockchain company.
[It’s] called Equi… Our approach is not like a new currency, or something phony
where an event will make it go up in value. It’s a share of stock, in a
company. This company is doing investment by investors with huge track records
in good investments in things like apartment buildings in Dubai. We have one
person in our group who has listed out a whole apartment building for Bitcoin… We
might be starting up in Malta around the time of their blockchain conference.”
Business Korea reports that the country’s National Assembly was
involved in an “extraordinary session”, in which ICOs and blockchain were
heavily discussed. Among the topics were the proposal of clear guidelines
governing ICOs as well as the possibility of designating Jeju Island as a
special crypto and blockchain zone. An industry insider said:
“The
South Korean government prohibited all types of ICO in September last year and
has come up with no related policy since then. The entire industry is paying
much attention to how its stance will change through various discussions in the
National Assembly.”
Sam Mowers, Investorideas
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