Facebook’s Founder’s Sister Signs On To Serve On Huobi Chain Advisory Comittee

The elder sister of Facebook’s founder, Randi Zuckerberg has become a member of Huobi Chain Expert Advisory Committee.

She is currently the CEO of a New York-based content creation firm she founded 5 years ago, Zuckerberg Media.

Zuckerberg will join 7 other experts on the committee, which is designed to serve as a think tank for the digital asset trading platform.

They will provide professional support in the election phase of Huobi Chain Superhero Championship Program.

The said initiative was launched two months ago to enhance community participation in the development of a public blockchain that Huobi is currently developing.

The advisory committee will also offer guidance with regards to the governance and development matters of Huobi Chain.

McAfee Joins Weibo To Reach Out Chinese Investors

Reknown cryptocurrency advocate and influencer, John McAfee is joining the Chinese social media platform Weibo to reach out to domestic cryptocurrency investors.

The self-proclaimed cryptocurrency king reveals that he is joining the Chinese social media to “soften his landing” to reach out to digital currency investors in the region.

Weibo has over 400 million users monthly and is said to be the counterpart of twitter and is said to be the most popular social media in the Asian country.

He made his intent in moving to the Weibo platform via a tweet and is said to be looking forward to meeting new people and making new friends in the platform.

Knowing who John McAfee is, he will certainly get the attention like he always does in this platform, both from would be friends and enemies.

ICONLOOP Of ICX Gets Government Recognition

Despite the top two cryptocurrencies been trading flat for the past few days, a couple of altcoins have done very well, one of which is ICON.

Dubbed as the Ethereum of South Korea, this altcoin has been making some big moves over the past week and has been one of the best performing altcoins over the past couple of days.

Adding to its string of successes, Its rebranded partner, ICONLOOP has been selected to participate in “Cultivating Innovative Youth Talent 2017” which was supervised by the Korea Ministry of Science and ICT (MSIT) and the Korea Institute for Information & Communications Technology Promotions (IITP).

The initiative is a large-scale government backed public project which aims at strengthening national competitiveness in technologies and solving the unemployment problem through the cultivation of youth talent.

Correlation Between Emerging Markets and BTC Is A Sign Of Upcoming Trend Reversal According To Fundstrat Co-Founder

Founder and head of research of Funstrat Global Advisors, Tom Lee has claimed once again that Bitcoin could end the year explosively higher citing correlation between the number one cryptocurrency to emerging markets.

He states in an interview in CNBC that the price of Bitcoin could surge up to $25,000 this year.

He based this assumption on the relationship between the price of BTC and BlackRock’s iShares MSCI Emerging Markets exchange-traded funds (ETF), which tracks large and mid-sized companies in emerging markets in which both markets are running somewhat parallel to each other, with both peaking in early 2018 and having a downward trend since then.

He also stated the hedge funds have stopped buying into funds tied to emerging markets due to market sell-off risk, which leads to reduced purchases of Bitcoin.

Central Bank Of India Forms Cryptocurrency and Blockchain Research Unit

The Reserve Bank of India (RBI) has been said to have formed an internal unit that will do research and regulations on emerging technologies which includes artificial intelligence, blockchain and cryptocurrencies.

RBI has been holding bank on formal announcement but information have been released in mainstream media that the said group have been in operation for a month now which is being led by a general manager whose identity has not yet been revealed.

The unit is on experimental basis and will evolve as time passes.

After years of public caution about trading cryptcurrencies like Bitcoin, RSI stated that it is necessary to regulate the sector.

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