Bitcoin and cryptocurrency roundup: 26 February 2018
What to know in crypto today.
What cryptocurrency needs to take over the world, coins to watch today and bombshell IOTA email leaks.
Plus well-founded doubts about business blockchains, divorce in the
digital cryptographic age and bitcoin's lay of the land.
1. Fifty shades of grey market
It's not money until it's spent, and cryptocurrencies are seeing most of their use in transactions that people want to keep off the bank's books.
This is the grey market where cryptocurrencies might be seeing most of their use to date. They're definitely popular on the pitch black market too though.
2. Watch the candle burn
24-hour price movements aren't all that great in the hyper volatile cryptocurrency markets, but even if the numbers are out of date it can be well worth keeping an eye on some of the day's biggest movers.
What's the bet most of these are back in the red by the time you read this?
3. Silicon Valley confidential
A heavily technical and lightly sassy 145 page email exchange has been leaked, much to the delight of anyone who wanted a bit of light reading. We've gone through it and pulled out the highlights that people should know about.
It reveals some very telling exchanges between the IOTA Foundation and cryptographers from the Digital Currency Institute and leaves the latter smelling strongly of misbehaviour. It also goes a long way to debunking the lingering rumours of cryptographic vulnerabilities in IOTA's Tangle system.
4. I want a blockchain, but I'm not sure how often I'd drive it
Do you really need that blockchain? It might look good in the garage, but most businesses probably wouldn't drive it enough to be worth it.
One expert verdict is that the tech has enormous potential but it's just not there yet.
5. Forget the house, take the bitcoin
Bitcoin's celebrating its ninth anniversary this year, and early adopters have started winding up their marriages.
Divorce lawyers are now entering the era of cryptocurrency divorces, and are, unsurprisingly, having some trouble getting their heads, and existing laws, around the realities of digital currency.
6. Weekly price roundup: Ambivalent edition
- Bitcoin has mixed feelings
- Ethereum has some concerns
- Ripple has a few doubts
- Litecoin is regaining its reputation
7. The lay of the land
- Shiba Inu soars 19% on rumoured Robinhood listing
- Study: Crypto crime rose 79% in 2021, but crypto usage surged much more
- Bitcoin price in slight recovery as Fed chair hints at delaying interest rate hike
- Ethereum price rises sharply despite severe mining disruptions in Kazakhstan
- Bitcoin’s price showcases signs of a local bottom but emerging inflation data suggests more dips
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, BTC