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Bitcoin and cryptocurrency round-up 3 July 2018

Posted: 3 July 2018 5:58 pm
News

What's happening in cryptocurrency?

Kraken vs Bloomberg, crypto markets bounce, EOS' RAM market, the Exactis leak, functional crypto KYC/AML and bitcoin price analysis.



1. Non-litigious smack talk. The weapon of choice

Kraken and Bloomberg are both deeply concerned with each other, and are suggesting that some of the other's behaviour might raise red flags for potential wrongdoing when analyzed in a certain way.

Of course neither is implying in any way that the other is doing anything illegal, but just feels the need to point out certain irregularities as a matter of public interest.

2. A green candle? That can't be right

Prices are rising in the cryptocurrency markets. No, the charts aren't upside down. The prices actually seem to be going up.

NEM in particular enjoyed a whopper of a day.

3. More valuable than EOS

The new speculative asset is computing resources on the EOS network.

EOS block producers control its supply, making it very convenient for them to also control the market.

4. Do you know where your data is right now?

Rhetorical question. Of course you don't.

Your personal data is getting rowdy out in the world at all hours, and consorting with all kinds of strangers.

5. Find [number] hot money launderers in [location]

Police are unsurprisingly going undercover as money launderers on the dark web, offering to help people convert their dirty crypto to filthy fiat.

It just goes to show how well crypto KYC/AML models are working.

Bitcoin price analysis: Tentative edition

Bitcoin has taken small steps to eke its way forwards slightly, and gingerly nudge its way into the solid $6,000 range.


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