Bitcoin and cryptocurrency round-up 2 May 2018

Posted: 2 May 2018 6:53 pm
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What's happening in cryptocurrency?

Ethereum judgment day and sharding, Coinbase OTC, Ripple ripped, twin price bumps and Ripple price analysis.

1. 7 May: Judgment Day

But with nary a Schwarzenegger or horseman in sight, and correspondingly less exciting.

SEC proceedings on 7 May could break Ethereum's back. But won't.

2. Coinbase has a new fishing rod

This one might be big enough to catch some whales.

A new OTC counter and brush-up of GDAX show its ongoing upgrades.

3. "What did the blockchain ever do for us?"

"Drastically reduced cross-border payment costs? More efficient settlement of insurance contracts? Cryptokitties?"

"Hmph. But other than that, what did blockchain ever do for us?"

4. Two baby bumps? Must be twins

Despite drastic trade volume, market cap and functional differences, a new exchange listing sees very different coins react in very similar ways.

5. This is your Ethereum

And this is your Ethereum on sharding.

Any questions?

Ripple price analysis: Playing it cool edition

Ripple's alright.

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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