Bitcoin and cryptocurrency round-up 26 July 2018

Posted: 26 July 2018 6:47 pm
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What's happening in cryptocurrency?

Read about a new bitcoin record, Coinbase gift cards, Iran national crypto, Waves and (de)centralisation and the ultimate mining guide part 4.

1. And the winner is "wow, that's a lot of money"

One million bitcoin were traded in 24 hours.

BitMEX has broken its previous record for the highest 24-hour bitcoin trading on record.

2. An actual use case for crypto

The future of the economy has arrived, with a genuine honest-to-goodness way more people can actually use crypto.

Play your gift cards right, and you can save money by using crypto instead of fiat.

3. Zeitgeist, on the blockchain

Iran's national digital currency is set to land in about three months, local media reports, with the aim of helping to evade US sanctions.

What a time to be alive.

4. The true centralisation was inside people all along

Especially the people who don't use 2-factor authentication, don't thoroughly check identification and whatnot.

Waves DEX launch hiccups bring some lessons.

5. Ultimate mining guide part 4: Choose wisely

There can be only one.

Well, that's not technically correct. There can be multiple, but in many situations, it will make more economic sense for there to only be one at a time.

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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