The head of global cargo operations at Swissport, Hendrik Leyssens, “said that blockchain could speed up transactions, improve security, and help reduce operational costs” (Cointelegraph)
According to Business Korea, a National Assembly committee claimed they will “establish a legal basis for cryptocurrency trading, including permission of ICOs, through the National Assembly Standing Committee” (Cointelegraph).
Humorous and scary examples of crypto scams existing on the Twitter platform (Coindesk).
In his recent speech, Chinese President Xi Jinping acknowledged the potential that cryptocurrency has – making it the first public endorsement (Coindesk).
The Bavarian justice treasury was worried about the fluctuations in cryptocurrency prices, so they created an emergency sale for cryptocurrency seized in criminal investigations – the same way perishable/depreciating items are sold (Fortune).
Thejas Nalval and Kevin Lu of Element Asset Management wrote, “Historically, miners have been true believers and supporters of bitcoin and other cryptocurrencies — choosing to take profits in manageable chunks or holding off on selling coins to support prices. However, the world of mining has changed from one made up of evangelists to one where large-scale facilities reign, making fluctuations in price more deadly” (Market Watch).
Brian Stutland of Equity Armor Investments says price changes in bitcoin and other cryptocurrencies are a better indicator of volatility in the market: “There is huge correlation right now between VIX and bitcoin 30 days ago” (CNBC).
Technical analysis of Bitcoin’s price movements, investing value and cryptocurrency explained on a high level, and existing Bitcoin price models reviewed (Seeking Alpha).
Italy’s economic and political problems are providing an opportunity for decentralized currency to shine (CCN).