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Bitcoin and cryptocurrency round-up 26 April 2018

Posted: 26 April 2018 7:10 pm
News

What's happening in cryptocurrency?

PayPal vs crypto, crypto prices stumbling, Nasdaq when the time is right, the trouble with bitcoin mining costs, Ripple price analysis.



1. Business plan: Get money

Imagine a company whose sole business plan is to transfer money, and charge large fees for doing so.

It sounds increasingly insane as technology advances.

2. Hey look, a bull run

Gotcha!

Cryptocurrency markets are stumbling and prices are falling again. Cryptocurrency investors would be placing their bets now, had they not already placed them by becoming cryptocurrency investors.

3. Right now, with a multi-year margin of error

Nasdaq is interested in cryptocurrency, and cryptocurrency exchanges are interested in being part of the mainstream market.

But both are on opposite sides of a deep river, and some bridge-building is needed first.

4. How many blocks could a miner mine if a miner could mine blocks?

Only one at a time. The real question is how long it takes them on average, and how much it costs.

This is much tougher to answer, making it hard to say when it's no longer profitable for bitcoin miners in general.

5. Stamp of app-roval

Apple Pay support for Ripple Interledger.

A bit more legitimacy, a bit more staying power perhaps.

5. Price analysis: Lite ripple effects


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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