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Bitcoin and cryptocurrency round-up 23 May

Posted: 23 May 2018 6:45 pm
News

What's happening in cryptocurrency?

Read about Verge being on the verge again, crypto markets finding legitimacy in big names, signing bonuses, BoE reports on CBDC, and Ripple's price analysis.



1. What's in a name?

A sense of legitimacy if it's big enough.

People don't leave high-flying roles for nothing.

2. Do one thing and do it well

In the case of Verge, that one thing is grassroots community management.

It's definitely not security, programming or cryptocurrency development.

3. How do you hire someone who has it all?

An old adage holds Buddha to be the worst employee any company could hire. His perfect Zen contentment means he's just impossible to motivate.

A combination of factors, including Zen contentment, is driving sign-up bonuses for blockchain developers into the seven-digit range.

4. Do it? Do what?

The Bank of England is exploring the feasibility of central bank digital currency.

Its conclusion: yeah, but what exactly?

Ripple price analysis: Shakespeare edition

Ripple prices have been caught in the tempest of a comedy of errors. But all's well that ends well. On the twelfth night with love's labour's lost, it was all much ado about nothing.

As prices return to the weekly bottom, it wonders if it was all a dream.


Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VEN, 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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