Bitcoin and cryptocurrency round-up 13 July 2018

Andrew Munro 13 July 2018 NEWS

What's happening in cryptocurrency?

0.3% scammy, Fortnite blockchain, Binance banking, Facebook acquisitions, crypto mining guide, Litecoin price analysis.



1. Some numbers are in

The numbers are in. Well, some numbers.

They pertain to ICOs, scams and project failure rates, and they've been prettied up nicely.

2. Fortnite on the blockchain

Fortnight.

The blockchain.

3. Like a credit union, except owned by the customers

Binance, Founders Bank, Malta, Neufund, equity.

2019.

4. Will Facebook buy Coinbase?

No.

Coinbase is the one who knocks.

5. Ultimate crypto mining guide part II: The minening

The miners are at the coalface.

Litecoin price analysis: Litecoin edition

Litecoin is still a thing that exists. The people who hold it are still endeavouring to get everyone else to use it as a medium of exchange, but the hodlers are too smart to fall for that.

They're just going to hang onto their coins forever and wait for all the other suckers to start exchanging LTC for goods and services, at which point the price will go up because everyone else now has more ways to dispose of LTC. It's economic science, bro.

Litecoin prices can be denominated with a dollar sign. Litecoin's purpose can be denominated with a poop emoji. Here's a technical analysis.


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VET, XLM, BTC, XRB

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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