Max Keiser: New Bitcoin Network Hash Rate High Suggests Price Is Next, & Other News

Max Keiser: New Bitcoin Network Hash Rate High Suggests Price Is Next
The Bitcoin hash rate has broken yet another new all-time high, hitting a whopping 82.5 TH/s. Bitcoin investor Max Keiser reiterated his mantra in a tweet: "Price follows hashrate and hashrate chart continues its 9 yr bull market."

New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex
The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex. This will allow the NYAG to continue its investigation of the exchange over allegations of fraud and misleading investors.

Winklevoss Twins Say They're 'In Talks' About Joining Libra Association
Tyler and Cameron Winklevoss — Bitcoin bulls and founders of the Gemini crypto exchange — say they are open to partnering with archrival Mark Zuckerberg on Libra. Cameron told CNN that Libra represents a step toward mass adoption of cryptocurrency, underscoring: "I think there is a day in the future where we can't live without crypto, or imagine a world before crypto."   

Bitcoin's Youngest Millionaire Launches Crypto-Based 'Libra Killer'
Erik Finman, who co-founded Metal together with former QuickCoin co-founder, Marshall Hayner, confirmed users can now send and receive a range of cryptocurrencies, noting that the new payment app will dominate the market over Facebook's Libra.

US Secretary of State Wants to Regulate BTC Like Other E-Transactions
United States Secretary of State Mike Pompeo believes that Bitcoin should be regulated the same way as other electronic financial transactions, pointing out the risk of anonymous transactions associated with crypto.

 

Quote of the day
 
"I think there is a day in the future where we can't live without crypto, or imagine a world before crypto."

Cameron Winklevoss
Co-founder of the Gemini crypto exchange
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