Bitcoin and cryptocurrency round-up 18 July 2018
What's happening in crypto?
Read about reasons for the rise, Augur's predictions, Ethereum's energy, Binance's burn, Stellar's Stronghold and Ether's price analysis.
1. Choose your own adventure
Turn to page 16 if you want an outdated yet reassuring technical analysis of bitcoin prices.
Turn to page 18 for a paranoid and illustrative exploration of today's wild bitcoin rocket ride above $7,000.
2. The Augur prediction market is
10% luck, 20% skill, 15% concentrated power of will, 5% pleasure, 50% pain and 100% dependent on a range of as yet uncontrolled variables that strongly influence its predictions.
3. Is $15 million really all that much?
Yes. Yes it is.
But it's clearly not enough to dissuade Ethereum spammers.
4. Bonfire of the bina-fees
It's time for the fourth Binance BNB burning.
Bonfire and acoustic guitar not provided.
5. Stronghold, cornerstone, stability
Strength, solidity, The Rock, security and business machines.
Ethereum price analysis: Mark Twain edition
Rumours of an Ethereum recovery may have been exaggerated, but the secret of getting ahead is getting started. Ethereum's been here before though, and while history doesn't repeat itself, it does rhyme.
Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VET, XLM, BTC and NANO.
Crypto explained
Latest cryptocurrency news
- Ethereum price crumbles as dApps flee for cheaper platforms
- Bitcoin volatility at 6-month high as price direction looks uncertain Â
- Bitcoin price viciously dips to US$51,000 after hitting $1 trillion market cap
- Bitcoin crashes below $50,000 after more cryptic Elon Musk tweets
- Ethereum price crashes 15% overnight as cryptocurrency market drops
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