Bitcoin price tops $4500

Bitcoin price reaches new all-time high tops $4500
17 August 2017   1661

Bitcoin price has once again reached its record levels. This time the price tops $4500, according to the data provided by CoinDesk's Bitcoin Price Index.

Bitcoin chart on www.coindesk.com Bitcoin chart on coindesk.com

Since August 15th, the Bitcoin price has been fluctuated between $4,000 and $4,200, until this morning, when the price of the cryptocurrency started rapidly climbing to a new high of $4,501 at around 11 a.m. UTC.

At the time of writing, the price is about at $4,484.

Bitcoin on coinmarketcap.com Bitcoin on coinmarketcap.com

Bitcoin's market capitalization now stands at over $73 billion. 

As Goldman Sachs' chart analyst Sheba Jafari claimed, the Bitcoin price may grow to almost $5,000 but after that it is likely that the correction will take place and the price will drop to about $2,000. Thus, seems like that the things have been going in accordance with the plan, so far.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   140

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.