Bitcoin and cryptocurrency round-up 11 May 2018
What's happening in cryptocurrency?
Mt Gox erupts, Kodak has a moment, crypto getting warmed up, Robinhood aims high, Ripple's results and weekly price analyses.
1. It's quiet. Too quiet
A rumble, so low as to be felt rather than heard, shakes the ground. Mt Gox, which casts a long shadow over the lush plains on which bitcoin traders graze, shakes and emits a $7 million puff of bitcoin.
2. The KODAKCoin show renewed for another season, premieres on 21 May
They sure don't make 'em like they used to.
KODAKCoin is one of the more entertaining shows in cryptocurrency right now.
3. Tidal zones are geographically distinct in their lack of obstacles
The tsunami of December 2017 swept away a lot of obstacles.
The path is clear for cryptocurrency.
4. If you build it they will come
Robinhood is aiming to become the biggest cryptocurrency exchange in the USA.
How confident should it be feeling?
5. On the one hand, it's awful; on the other it's great
Ripple's xRapid results are in.
Price analyses: OHS edition
- Stellar was lifting weights without a spotter.
- The markets overall are operating in a highly unsafe manner.
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO
Latest cryptocurrency news
- Ethereum price: Massive slide as market faces bearish pressure
- Ethereum 2.0: Roadmap, timeline and implications
- Bitcoin falls to US$34,000 as confidence in money markets improves with the Biden inauguration
- Bitcoin price lags while regulators raise fears and banks grapple
- Bitcoin price sees volatility around $37,000 with Pantera Capital projecting $115,000
Picture: Shutterstock