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Bitcoin and cryptocurrency round-up 24 July 2018

Posted: 24 July 2018 7:47 pm
News

What's happening in crypto?

Read about bitcoin price predictions, bitcoin price results, bitcoin ETFs and bitcoin in Venezuela as well as bitcoin and ICOs in Gibraltar.



1. Bitcoin soothsayers prepare appropriate sacrifices

Bitcoin soothsayers have been noting promising augurs in recent days which have paved the way for a run to $8,000 and above.

Whether it holds, sorry hodls, the new price floor is anyone's guess.

2. Talk is cheap

Bitcoin ETFs are looking promising – for reasons entirely unrelated to the popular sentiment around it.

All this talk of grassroots efforts and community engagement just cheapens the hard work of people who want to make a yachtful of cash from bringing bitcoin ETFs to market.

3. What is the sound of one hand clapping?

Can a stablecoin be stable without a peg?

The answers are a kind of light slapping sound, and probably yes, respectively.

4. Do you smell what the rock is cooking?

If you said it smells like a legal exchange for ICO token sales via the Gibraltar Stock Exchange, you must have a good nose.

Because it is.

Bitcoin price analysis: Prescient edition

"Bitcoin looks like it's going for $8,000."

Bitcoin goes for $8,000.


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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