The Best in Crypto – 5/24/18

U.S. Launches Criminal Probe into Bitcoin Price Manipulation

The Justice Department is working with CFTC, which oversees crypto futures, on an investigation into illicit trading (Bloomberg).

Bitcoin Price Drops to $7,300 as Cryptocurrency Market Correction Continues

Analysis on the recent Bitcoin price drop (CCN).

MIT Tests Smart Contract-Powered Bitcoin Lightning Network

“The prestigious U.S. university has been quietly demoing an experimental use case for bitcoin’s lightning network, one that showcases how it might be combined with smart contracts to not only handle millions of transactions, but do so with a greater degree of complexity” (Coindesk).

Coinbase Is Rebranding Its Crypto Exchange Service

Acquiring crypto trading relay platform Paradex, Coinbase is launching a new version of its GDAX platform called Coinbase Pro to “make the trading experience easier and more intuitive” (Coindesk).

Bitcoin Cash Drops To Lowest In More Than A Month

Down 25 percent since Sunday, dropping up to 17 percent in 24 hours (Forbes).

The Venn diagram between libertarians and crypto bros is so close it’s basically a circle

Similarities and differences between libertarians and crypto enthusiasts (Quartz).

What Gold’s History Teaches Us About Bitcoin As A Store Of Value

The valuation case for Bitcoin and its similarities to gold (Forbes).

Bitcoin bull stands by his call on the cryptocurrency

Video of Tom Lee defending his bullish stance on Bitcoin, despite its fall (CNBC).

Why a collapse in bitcoin won’t kill blockchain

A video on why cryptocurrency isn’t a “bubble waiting to pop” (MarketWatch).

 

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