Bitcoin and cryptocurrency roundup: 25 January 2018
What's going on today?
Perth Mint makes a government-approved gold-backed cryptocurrency, Ripple cashes out $100 million and Australia plans for a new cryptocurrency exchange registry.
Stellar Lumens and OmiseGo turn it up with Stripe's help, and EtherDelta sets red flags on fire.
1. A gold standard gold standard
Perth Mint aims to being a new gold standard to the gold standard, with a gold-backed cryptocurrency that uses blockchain technology to allow for transparent pricing and transaction information on this precious commodity.
2. Ripple passes go
And collects US$91.6 million.
A new report shows that Ripple previously sold off a moderate sized fortune of XRP when the price was near its zenith. It's a lot of money, but just a drop in the ocean next to the total market cap.
3. Are you on the list?
Australia has plans for a new cryptocurrency exchange registry, a tighter take on money laundering laws and other requirements, largely focused on setting a high and professional bar for Australian cryptocurrency exchanges.
4. OMG, XLM, up
A kind word can make all the difference. Especially when spoken publicly by Stripe, a well-known cryptocurrency payment platform.
OmiseGo (OMG) and Stellar Lumens (XLM) both enjoyed a parallel price ascendance of 28% on the back of Stripe's good words.
5. Well. That can't be good
- Do you have money on EtherDelta?
- Have you seen the news?
- Do you feel like your money is safe on EtherDelta?
- If you like semi-obscure coins you might enjoy looking into AudioCoin recently up 80% with a musical partnership.
- If you've frankly had it with the high GPU prices then there might be good(ish) news on the (eventual) horizon.
- HashWars: Bitcoin Cash ABC takes early lead, but its not over yet
- Cryptocurrency crash: Here’s why the markets are plummeting
- Independent Reserve has a new KPMG cryptocurrency tax estimator
- IMF director: Central banks should consider issuing digital currencies
- Australia sees the savings in a “smart money” cryptocurrency test