Famed stock picker Ronnie Moas says the fear and damage regulation is “only noise” to the strength of cryptocurrency (Cointelegraph).
Our very own Goldfinger analyzes the favorable link between Litepay’s launch and Litcoin’s price rise (321Ethereum).
On Monday, the European Commission hosted a roundtable titled Cryptocurrencies – Opportunities and Risks. The two prominent conclusions were: risks must be clear, and blockchain technology holds a lot of promise for financial markets (Cointelegraph).
Regulators are keeping their eye on advertisements put out by ICO companies, and France’s stock market regulator is looking to cut advertisements on crypto derivatives (Coindesk).
Venezuela’s government may restrict the number of cryptocurrency exchanges that operate domestically – as few as eight (Coindesk).
Spiking 7.5 percent in 24 hours, Bitcoin is trading near $10,200 (CNBC).
A Massachusetts middle school student Andrew Courey wrote a book titled, “The Early Bird Gets the Bitcoin: The Ultimate Guide to Everything About Bitcoin” when he wasn’t at school, playing sports, or working on mobile apps (CNBC).
Of the 903 ICOs tracked by TokenData, 142 failed before raising funding, and another 276 failed after funding (Fortune).
Some reasons why: Proposed regulation in South Korea could make Bitcoin become a legal asset, approval of Bitcoin’s ETFs in the U.S. in the second half of the year could enable Bitcoin to transition into a trillion dollar asset and favorable regulation and functional improvements leading to consumer confidence should propel Bitcoin’s price to rise (Seeking Alpha).
Details about Venezuela’s Petro (Medium: Happy).
A list with descriptions of things Blockchain could improve/alter including distributed cloud storage, decentralized social networking sites and encrypted messaging (Medium: 482.Solutions).