Bitcoin and cryptocurrency roundup: 2 February 2018
What's going on?
The cryptocurrency market continues to crash. Speculators are, like, super unimpressed.
But the Ripple CEO hits back at doubters, FedEx leans into the blockchain, Taipei falls in love with IOTA and Venezuela drops the hotly anticipated national Petro Dollar whitepaper.
1. Crypto Bloodbath Part IX – The Unnecessary Sequel
This unimpressive sequel leaves viewers unable to look away, yet thoroughly dissatisfied.
Tether has a starring role despite testing poorly among audiences, although a new generation of asset-backed stablecoins may be coming in to steal the spotlight.
2. I am Ripple you are glue
Ripple CEO Brad Garlinghouse might be the least impartial person on the entire planet to comment on the coin's future and hit back at the XRP doubters.
But that doesn't necessarily mean his arguments should be discarded.
What are the 3 parts of Ripple?
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Blockchains and logistics networks go together like chocolate and peanut butter. A pairing which, incidentally, is only possible thanks to extraordinarily complicated global logistics networks.
FedEx has plans to taste test the blockchain and find out for itself.
4. Taipei is getting all tangled up
Once you go directed acrylic graph you don't go back.
IOTA showed off its assets, and Taiwan liked what it saw.
5. Venezuela turns the key on Petro Dollar
Venezuela revs the PD engine with the release of its whitepaper, revealing some key technical details and answering some widely asked questions.
Latest cryptocurrency news
- Bitcoin price lags while regulators raise fears and banks grapple
- Bitcoin price sees volatility around $37,000 with Pantera Capital projecting $115,000
- Ethereum price: Upswing may be on the cards as ETH continues leaving exchanges
- Bitcoin falls 10% in weekend trade as alts run
- Ethereum price: Upward surge noted but fears of near-term volatility continue to persist
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