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Bitcoin and cryptocurrency round-up 4 July 2018

Posted: 4 July 2018 6:08 pm
News

What's happening in cryptocurrency?

Read about Binance and Syscoin, India's continuing crypto ban, Iceland's look ahead, Iran's look behind, blockchain veganism and Ethereum's price analysis.



1. Funds are safe

Well, that was exciting.

Someone got very rich on someone else's money today.

2. India checks crypto ban subscription

Reserve Bank of India: No crypto allowed.

Exchanges: Really?

Supreme Court: Yes, really.

3. Iran sets crypto ban subscription to auto renew

Iranian government: No crypto allowed.

Iranian crypto users: Really?

Iranian government: We're not going to say it twice.

4. What's got two thumbs and all the geothermal power it needs?

An Icelandic data centre operator, barring some kind of thumb injury or congenital problem.

Even if bitcoin gets the bird, they're giving blockchain data centres two thumbs up.

5. What's got six thumbs and a killer blockchain project?

A three-person thumb-wrestling team with a killer blockchain project.

Unrelatedly, someone wants to put veganism on the blockchain.

Ethereum price analysis: Sunny side up edition

Those who cashed out might be left with egg on their face after a price rebound lands on Ethereum's plate, sunny side up. The markets have been getting toasted lately, but Ethereum soldiers on.


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