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Bitcoin and cryptocurrency round-up 9 August 2018

Posted: 9 August 2018 5:35 pm
News

What's happening in cryptocurrency?

Read about the 2018 low, Tezos' suit, IOTA drama, crypto on the rise in Iran, Havven hedging and Ethereum's price analysis.



1. "Blood in the streets, bull in the sheets" - Warren Buffet

Or something like that.

Cryptocurrency markets have hit a new 2018 low.

2. Tezos' "get out of lawsuit free" card has been declined

"The bearer of this card legally launched their ICO in Switzerland and should therefore not be liable for damages incurred in the USA."

The judge reckons it's a good card, and might be useful, but it's not enough to halt proceedings.

3. IOTA's having a domestic

"How could you!" sobs Sergey Ivancheglo as he throws a flower vase at Dominik Schiener's head.

"It'll be okay," Ralf Rottmann whispers to IOTA Foundation employees. "Your parents just need to work some things out."

4. Little white oblique statements

Accenture is pretty sure the Iranian government is behind a growing crypto ransomware and cryptojacking spree.

It must be. Who else speaks Farsi?... oh, right.

5. ¿Por qué no los dos?

Havven is hedging across both Ethereum and EOS.

Unless you're a prophet, it might be good to be agnostic.

Ethereum price analysis: $300 range edition

Yup.


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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