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Bitcoin and cryptocurrency round-up 13 April 2018

Posted: 13 April 2018 6:39 pm
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What's happening in cryptocurrency?

Crypto boom, Pantera predictions, on decentralisation, halal bitcoin and AUSTRAC Bit Trade.

1. Boom

Cryptocurrencies went up today. Hard.

2. Scraped the bottom of the barrel

Pantera noted that bitcoin crossed its 200-day moving average today... upwards. It doesn't issue predictions often but is willing to stand by this one.

Make of it what you will, but there's some weight in the words.

3. There's got to be a better way

So runs the thinking of Loopring founder Daniel Wang.

Why be an exchange when you can be a P2P wallet?

4. It's all about the usury 'xperience

Bitcoin didn't just become halal. The price rise isn't because the 1.6 billion-strong Muslim population of planet earth suddenly bought bitcoin.

But any port in a storm, eh.

5. Before it was cool

Bit Trade was doing it before it was cool.

Doing what? AUSTRAC compliant KYC/AML compliance.

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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