Bitcoin and cryptocurrency round-up 26 April 2018
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
- Ripple XRP has bobbed up and down to a 23% gain in interesting times.
- Litecoin's tide is rolling in and out, with only a mild net rise in sea levels.
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO
Latest cryptocurrency news
- Bitcoin’s price continues to rise despite transaction fees hitting an all-time high
- Ethereum price rallies once again after recent flash crash
- Can Dogecoin’s price continue to soar despite a marketwide correction?
- Bitcoin’s price plunges 10% before rebounding – market witnesses massive liquidations
- Ethereum price surges to all time high before Berlin hardfork
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