Bitcoin and cryptocurrency round-up 22 August 2018

Posted: 22 August 2018 7:23 pm

What's happening in cryptocurrency?

Read about security token frameworks, a data access bill, bitcoin's short squeeze, eToro's deal, Bitcoin Cash use and bitcoin's price analysis.

1. It's gotta be somewhere around here

There's a viable legal and technical framework for security token offerings around here somewhere.

Oh hey, it's Polymath. Let's ask them if they've seen it.

2. "Open sesame"

"Error: Password not secure enough"

Can you even imagine passing a bill that might compel providers to compromise their own security for little discernible benefit?

3. Hnnnngggg

That's the sound of a bitcoin short squeeze.

Make of it what you will.

4. EPL? Not seeing that on CoinMarketCap

It must be a super obscure project – either that or the English Premier League.

eToro has signed a bitcoin-fuelled deal with premier English football teams for ticket sales on the blockchain.

5. Who carries (bitcoin) cash these days?

(Bitcoin) Cash use is on the decline these days.

People increasingly prefer other electronic payment methods.

Bitcoin price analysis: Stand up and be counted edition

Bitcoin is standing up and being counted. The count returns a number in the $6,000 range.

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

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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