Cryptocurrency Weekend Roundup: Friday 13th Horror Edition

Cryptocurrency Weekend Roundup: Friday 13th Horror Edition
фото показано с : cryptobriefing.com

2018-7-14 00:26

We try to cover all the big news in cryptocurrency, but there are plenty of stories that we miss. Between publishing high quality code reviews and in-depth news analysis, it’s easy for a small-but-interesting story to slip past the cracks. 

Here are some of the top marginalia from the week of July 8-13:

John McAfee Addresses Blockchain Conference from a Top Secret Bunker

Some people will do anything to avoid sharing a room with John McAfee. The future president was forced to cancel his live appearances at the Blockchain World Conference, which was held in Atlantic City this week. The change in schedule was apparently requested by BWC organizers after receiving apparent death threats against the aspiring statesman. 

However, it takes more than a death threat to get McAfee to stop talking. Mr. McAfee apparently delivered the closing keynote as scheduled over livestream, from a secure location. 

The BWC, which advertises itself as “the largest crypto event in history,” had over 4,000 attendees and 80 exhibitors, according to its website. Mr. McAfee was one of 666 speakers scheduled to appear. Wait, that’s a typo – sorry, 66. When dealing with McAfee, it just slips out sometimes.

Prices Still Tepid

We’re all in it for the tech, at least until the price starts slipping.

To take the temperature of the markets, Crypto Briefing launched a highly sophisticated study of market sentiment, in an open Twitter poll between the Dogecoin memes and McAfee jokes. According to our highly scientific findings :

22% of our followers think Bitcoin will be under $6000 next month.  44% think it will stay in the range of $6-8,000  12% predict think it might go as high as 10k 22% think it might go back over ten thousand. 

Based on these not-so-significant figures, most traders are guardedly optimistic and it seems that the market may be close to the bottom. Although Friday the 13th is not a traditional time to make investments, it could be time to consider spending those Tethers. 

This methodology might raise a few eyebrows, but it’s still more reliable than most Technical Analysis. 

Persian Moon

Earlier this week we reported on the use for crypto in countries like Venezuela, a country whose government pays its bills by printing new ones. Now, Iran has also emerged as a likely beneficiary for cross-border crypto payments. 

Iran is facing increasing isolation after the failed Nuclear Agreement. The US Ambassador has pressured German banks to prevent the Islamic Republic from making withdrawals,  and the country may once again face sanctions. The last time that happened, Iran was cut off from international banking for four years.

The crypto advantage lies in enabling ordinary Iranians to make payments and store value without any banks. Nor can it be taxed, seized, dutied, or otherwise used for the benefit of local authorities, at least not without the cooperation of the hodler.

At the time of writing, the price of Bitcoin in Iran was $11,293, nearly twice the global average. That’s a nice chance for arbitrage, if you can get the money out. 

Robinhood adds new cryptos

Robinhood, the investment broker for broke Millenials, recently integrated two new cryptocurrency investments: Litecoin, and Bitcoin Cash, bringing the total up to four. 

We’ve previously reported on Robinhood’s quest to make crypto more investor-friendly, an effort that was somewhat hindered by the limited crypto options, state-by-state restrictions and the lack of a functional wallet. 

Since then, Robinhood has expanded to seven new states, for a total of seventeen altogether, and twelve new cryptocurrencies are waiting to be added. There’s still no way to spend your coins, but if you’re committed to hodling that might be a feature rather than a bug. 

The author is invested in Bitcoin and Bitcoin Cash. 

 

The post Cryptocurrency Weekend Roundup: Friday 13th Horror Edition appeared first on Crypto Briefing.

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cryptocurrency friday roundup weekend edition 13th horror

cryptocurrency friday → Результатов: 41


Фото:

Billionaire Steven Cohen backs Crypto! Blockchain Hedge fund according to Bloomberg report

Billionaire Steven Cohen, the founder of Point72 Asset Management, is reportedly backing a crypto and blockchain-focused hedge fund, Bloomberg reports Friday, July 13. Cohen invested in Arianna Simpson’s cryptocurrency hedge fund, Autonomous Partners, via his private equity firm Cohen Private Ventures, according to Bloomberg’s anonymous source.

2018-7-13 18:17


Фото:

Billionaire Supports Crypto, Blockchain Bush Fund

Billionaire Steven Cohen, the owner of Point72 Property Administration, is supposedly backing a crypto as well as blockchain-focused bush fund, Bloomberg records Friday, July 13. Cohen purchased Arianna Simpson’s cryptocurrency bush fund, Autonomous Allies, using his personal equity company Cohen Private Ventures, inning accordance with Bloomberg’s confidential resource.

2018-7-13 15:45


FINRA Encourages Members To Notify Of Crypto Mining & Digital Asset Related Activities

An important U.S. self-regulatory agency for broker dealers is requesting information to its member firms to submit details about their cryptocurrency activities. The information has been released in a regulatory notice issued on Friday in which the Financial Industry Regulatory Authority requests information about the firms’ involvement in the crypto market. The main intention is […]

2018-7-10 10:43


Фото:

‘Satoshi Nakamoto’ Releases Excerpts From Upcoming Book — Is it a Hoax?

This past Friday, someone claiming to be Satoshi Nakamoto — the person or collective people who created the cryptocurrency Bitcoin, posted a 21-page excerpt from a new ‘literary work. ’ Is it all just clever distractions from hoaxers, or will we soon know more about Nakamoto’s true identity? ‘…A Long Answer?” On June 29, a website, nakamotofamilyfoundation.

2018-7-2 20:00


Фото:

Bahamas to Introduce Own Crypto, Aims to Digitize Government, Financial Services

The Central Bank of Bahamas has officially announced plans to introduce a national cryptocurrency, as well as blockchain-powered digitization of Bahama’s government and financial services. The announcement was made by Deputy Prime Minister K Peter Turnquest on Friday, June 22, during the Bahamas Blockchain and Cryptocurrency Conference.

2018-6-27 13:28


Фото:

Bitcoin Price Analysis: Is It Over?

Is contagion from India’s Zebpay flash crash to $5,700 responsible for the pullback in bitcoin price or something else in the works? Market Overview Up till yesterday, BTC traded within a narrowing triangle, leaving investors guessing which side the cryptocurrency would choose but as a third attempt to surpass $6,800 failed, BTC briefly reversed back below the $6,700 support and $6,600 protected against further decline.

2018-6-23 18:00


Фото:

Bitcoin is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears.

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did

2018-6-18 16:44


Фото:

Russia’s Largest Banks are building Bitcoin and Crypto Portfolios

Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Sberbank, the main state-owned bank responsible for processing government employee paychecks, and Alfa Bank, the largest private bank in the nation, plan to enter crypto trading with the help of the AddCapital investment fund, the National Settlement

2018-6-18 10:31