Can Bitcoin Sustain Its Positive Price Run? How does it affect miners?
- Date: May 23, 2019 07:00 PM - May 23, 2019 09:00 PM
- Location: Genesis Block, 1/F, Kwong Wah Mansion, 269-273 Hennesy Road, Wan Chai · Hong Kong
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After a bearish run in 2018, Bitcoin price started to bounce back since April 2019. Bitcoin regained its positive momentum in price run, and the price once reached USD 6000 following the announcement of launching crypto trading desk by Fidelity. Fidelity’s announcement opened the gateway of Bitcoin to institutional investors, which can be a sign of surging price run following the inflow of institutional capital.
Despite the positive price run, however, the security in cryptocurrencies caused widespread concern of general public once again with the recent Binance hack of 7000 BTC. The security of funds stored in crypto exchanges is coupled with the increasing demand of providing custodian solution in hot wallets. Will the security of crypto exchanges hinder the positive price run of Bitcoin? Besides, the mining giant Bitmain just cut 88% of mining production. What is the implication on BTC price?
We have invited the following speakers to express their thoughts in surging BTC price and its impact on mining:
Ms. Cynthia Wu, Investment Director of Bitmain
Mr. Pius Lam, Founder and CEO of Batmine
Mr. David Tang, CEO of Standard Kepler
This event is co-hosted by Blockchain.News and Genesis Block:
At Blockchain.News it is our mission not only to provide objective and unbiased news to our readers, but also to highlight the impact and true value behind the news we bring. With our rich research resources and technologies, we aim to provide our readers with deep and intuitive news insights.
About Genesis Block
A leading Over the Counter (OTC) trading center of digital assets in Hong Kong, Genesis Block is backed by an experienced team of financial professionals and deep liquidity pools.
About Crypto Assets Federation
We are a non-profit organization to promote the adoption of crypto assets as an institutional-grade investment class. The mission is to promote crypto assets as a viable institution-grade investment class.
19:00 - 19:30 : Registration and Networking
19:30 – 19:35 : Introduction by Crypto Assets Federation
19:35 – 19:45 : Keynote by Cynthia Wu, Investment Director of Bitmain
19:45 – 19:55 : Keynote by Pius Lam, Founder and CEO of Batmine
19:55 - 20:05 : Keynote by David Tang, CEO of Standard Kepler
20:05 – 20:10: Introduction of Blockchain.News
20:10 – 20:40: Panel discussion
Topic: Can Bitcoin Sustain Its Positive Price Run? How does it affect miners?
Moderator: Yulande Choi, Marketing Manager of Blockchain.News
1) Cynthia Wu, Investment Director of Bitmain
2) Pius Lam, Founder and CEO of Batmine
3) David Tang, CEO of Standard Kepler
4) Ray Wong, Co-founder of LuTech
20:40 - 21:00: Q&A and Closing Remarks
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Snacks and Local craft beers from Hong Kong Brewery will be provided. Event will mainly be conducted in English.
Special thanks to our official LOCAL CRAFT Beer Sponsor: Hong Kong Beer Co. (https://www.hkbeerco.com/) and
Our Venue Sponsor: Genesis Block (https://genesisblockhk.com/)