Cryptocurrency Weekend Roundup: Friday 13th Horror Edition

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

Here are some of the tip marginalia from the week of Jul 8-13:

John McAfee Addresses Blockchain Conference from a Top Secret Bunker

Some people will do anything to equivocate pity a room with John McAfee. The destiny boss was forced to cancel his live appearances at the Blockchain World Conference, which was hold in Atlantic City this week. The change in report was apparently requested by BWC organizers after receiving apparent genocide threats opposite the determined statesman. 

However, it takes more than a genocide hazard 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 eventuality in history,” had over 4,000 attendees and 80 exhibitors, according to the website. Mr. McAfee was one of 666 speakers scheduled to appear. Wait, that’s a typo – sorry, 66. When traffic with McAfee, it just slips out sometimes.

Prices Still Tepid

We’re all in it for the tech, at slightest until the cost starts slipping.

To take the heat of the markets, Crypto Briefing launched a rarely worldly investigate of marketplace sentiment, in an open Twitter check between the Dogecoin memes and McAfee jokes. According to our rarely scientific findings :

  • 22% of our supporters think Bitcoin will be underneath $6000 subsequent month. 
  • 44% think it will stay in the operation of $6-8,000 
  • 12% envision think it might go as high as 10k
  • 22% think it might go back over 10 thousand. 

Based on these not-so-significant figures, most traders are guardedly confident and it seems that the marketplace might be tighten to the bottom. Although Friday the 13th is not a normal time to make investments, it could be time to cruise spending those Tethers. 

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

Persian Moon

Earlier this week we reported on the use for crypto in countries like Venezuela, a nation whose supervision pays the bills by copy new ones. Now, Iran has also emerged as a expected customer for cross-border crypto payments. 

Iran is confronting augmenting siege after the unsuccessful Nuclear Agreement. The US Ambassador has pressured German banks to forestall the Islamic Republic from creation withdrawals,  and the nation might once again face sanctions. The last time that happened, Iran was cut off from general banking for four years.

The crypto advantage lies in enabling typical Iranians to make payments and store value but any banks. Nor can it be taxed, seized, dutied, or differently used for the advantage of internal authorities, at slightest not but the team-work of the hodler.

At the time of writing, the cost of Bitcoin in Iran was $11,293, scarcely twice the tellurian average. That’s a good possibility for arbitrage, if you can get the income out. 

Robinhood adds new cryptos

Robinhood, the investment attorney for pennyless Millenials, recently integrated two new cryptocurrency investments: Litecoin, and Bitcoin Cash, bringing the sum up to four. 

We’ve formerly reported on Robinhood’s query to make crypto more investor-friendly, an bid that was rather hindered by the singular crypto options, state-by-state restrictions and the miss of a organic wallet. 

Since then, Robinhood has stretched to 7 new states, for a sum of seventeen altogether, and twelve new cryptocurrencies are watchful to be added. There’s still no way to spend your coins, but if you’re committed to hodling that might be a underline rather than a bug. 

The author is invested in Bitcoin and Bitcoin Cash. 

 

Article source: https://cryptobriefing.com/cryptocurrency-weekend-roundup-friday-13th-horror-edition/

Leave a Reply