BitMEX CEO: BTC Will Test $10,000 in 2019, Square is Hiring Crypto Engineers for BTC, and Other News


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BitMEX CEO Arthur Hayes Says Bitcoin Will Test $10,000 in 2019 What did he say? Arthur Hayes, co-founder and CEO of cryptocurrency trading platform BitMEX, has predicted that Bitcoin will get back to the $10,000 price point this year What is he basing this on? According to Hayes: "The 2019 chop will be intense, but the markets will claw back to $10,000. That is a very significant psychological barrier. [...] $20,000 is the ultimate recovery. However, it took 11 months from $1,000 to $10,000, but less than one month from $10,000 to $20,000 back to $10,000" Read more here   Six Global Banks Sign Up to Issue Stablecoins on IBM's Now-Live Blockchain Network What is this all about? Six international banks signed letters of intent to issue their own stablecoins — which will be backed by their national fiat currencies — on IBM's now-live blockchain-powered payments network, "World Wire." Which banks have joined? The first six banks publicly signed on include Brazil's Banco Bradesco, South Korea's Bank Busan, and the Philippines' Rizal Commercial Banking Corporation Details here      Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin What is this all about? Twitter and Square CEO Jack Dorsey tweeted that United States-based payment platform Square is hiring cryptocurrency engineers with the option of getting a salary in digital currency How would it work? According to Dorsey, the open, remote positions will involve full-time work on open source contributions to both the Bitcoin and cryptocurrency ecosystem, while the idea of paying employees in crypto is part of the overall aim of improving the broader crypto ecosystem Read more here                                              Major Crypto Exchanges Huobi Global and OKEx Launch Support for Tron-Based USDT What happened? Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin Tether What is this for? In their respective announcements, both Huobi Global and OKEx cite user needs and demands for a full spectrum of stablecoin trading, with both noting their platforms now support three separate protocol versions of USDT — the Bitcoin network-based USDT-Omni, Ethereum-powered USDT-ERC-20, and the new USDT-TRON Read more here Largest Swiss Online Retailer Digitec Galaxus Now Accepts Cryptocurrencies What is this all about? Leading Swiss online retailer Digitec Galaxus has announced that it will now accept cryptocurrencies, such as BCH, BSV, ETH, XRP, BNB, LTC, TRX, NEO, and OMG What's new? The firm has also added a crypto wallet category with a dedicated guide and blog post explaining various facets of the crypto industry Read more here Breaking: Molly Jane is dancing! Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. COINTELEGRAPH LIMITED · Shelton Street, Covent Garden · London