Bitcoin and cryptocurrency round-up: 7 March 2018

Posted: 7 March 2018 7:14 pm

Today's crypto news

The monthly cryptocurrency predictions are in.

Plus have a look at bitcoin's bearish to bullish indicators, take a look back at Mt. Gox and read about one economist's bitcoin prediction as well as an unnecessarily cynical look at Coinbase's new index fund.

1. What's better than a crystal ball? Nine crystal balls.

The March cryptocurrency predictions are in, with nine panellists putting forward their opinions.

See the aggregates, look at how they tracked compared to previous predictions and get all riled up by the ones you disagree with.

2. Bitcoin's looking bearullish.

A shallow technical analysis shows bitcoin recently crossing its 50-day moving average on an upswing, while a deeper look has the experts predicting a short-term drop closer to $10,000.

There are also pretty pictures.

3. $7 billion can't just disappear like that.

But a few hundred million can, which is what happened at the time.

Years later, the loose ends of the infamous Mt. Gox bitcoin saga might be getting close to being tied up.

4. He must be going long on Monero.

A Harvard economist has made fairly pessimistic predictions of bitcoin's price future, citing its lack of functionality beyond money laundering and tax evasion.

5. The most adequate thing you'll see all day.

Coinbase has mildly intrigued people all around the world with a truly satisfactory development. You can't help but look at it and say, "Hm."

Its new index fund is very exciting news, but it's also very... all right.

6. Who has time to program a trading bot these days?

Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VEN, XLM, SALT, 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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