Bitcoin and cryptocurrency round-up 17 July 2018

Posted: 17 July 2018 6:43 pm
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What's happening in cryptocurrency?

Read about BlackRock walking back, Coinbase securities, CFA exam adding crypto, liking money, blockchain slavery and bitcoin's price analysis.

1. This one's called the moonrock walk.

BlackRock has gracefully(ish) walked back on reports that it's getting involved in bitcoin.

CEO Larry Fink has clarified that BlackRock is still watching from a safe distance and said as far as he knows no BlackRock clients have requested crypto exposure.

2. Regulatory approval is coming, pending regulatory approval

Coinbase has been given the green light to list securities tokens.

The licensing came as part and parcel of a new trio of acquisitions.

3. What is blockchain?

a) A rope designed by a cubist

b) A medieval children's weapon consisting of toy blocks strung together with a metal chain

c) A form of distributed ledger technology

d) All of the above

4. A crowdfunded private fundraising round

Literally a month after finishing a frankly gross $4 billion ICO, is looking for venture capital funding.

And it's finding it.

5. Don't touch the supply chain. You don't know where it's been

The road to using slave labour in a business supply chain is paved with good intentions.

Not because good intentions actually cause it, but just inevitably because forced labour is ubiquitous and good intentions can't really stop it.

Bitcoin price round-up: Circus edition

The bull is driving the motorcycle, the bear is in the sidecar and they're both fully committed to riding through a flaming hoop.

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