Even the Crypto Kings Couldn't Save Bitcoin This Week

in #bitcoin6 years ago


There was a lot going on last week in the crypto world. That's good #news because it means today was a great crypto-news day. I think you'll see what I mean once you get a good look at the headlines.

Crypto News

First up, Coinbase. It turns out the cryptocurrency exchange has been speaking to U.S. regulators about a federal banking license. Does anyone have any idea why they'd want one of those?

Bitcoin slid into a slump and hit a one-month low. But it quickly rebounded and came into Monday morning looking good.

Last week was Consensus week and everyone thought it was going to rally Bitcoin and crypto like Dodgers fans at a World Series game. But it didn't. In fact crypto wealth slid $52 billion over the week.

On a positive note, OpenBazaar opened the door to peer-to-peer trading for 44 cryptocurrencies. I just wonder which ones.

And Binance decided to double its referral rewards.

Bitmain is pivoting big time into artificial intelligence, which is a good thing because real intelligence isn't looking so good these days.

And from out of nowhere, Kazakhstan's president looked to the United Nations and asked for global rules on cryptocurrencies. Is he trying to start a war?

Crypto Analysis

The leading analysis today is on #Zcash. It turns out the little coin had a bang-up week and turned upward a good 50%.

Journalism won't ever quite be the same with these blockchain-based news platforms keeping us all honest.

Here's a nice infographic putting the world's crypto kings on display.

If you're wondering why Iran and Russia are bullish for cryptocurrencies, here's a good read on the geopolitical realities driving their rebellion.

PwC China conducted a survey and found out that companies prefer to investigate blockchain internally. Who knew?

Finally, why not take a closer look at Bytecoin developments?

So there are the top headlines from today's news digest. If you want more, there is plenty more news at Blockchain Times. Other than holding some Bitcoin and having an account at Coinbase, I am not associated with any of these companies nor am I compensated by them. I am a paid #editor for Blockchain Times.

#BlockchainTimes #Bytecoin #coinbase #binance #bitmain

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Thanks, man. I appreciate the shout out. Out of curiosity, where are you a pastor? Cool to meet your acquaintance. And just so you know, I have plans to do some spiritual writing, so real cool to have you on my friends list. I'm following.

I was brought here by @reonlouw's entry. Nice recap of relevant news for bitcoin.

Thanks for dropping by. I really love the Pay It Forward idea.

Hi @blockurator. I live in Johannesburg, South Africa.

I'm following you too and look forward to your posts. Great stuff!!

Thanks for the summary of crypto news ! Have you ever heard of ProCurrency? I have a friend who is all over it and he's a "bandwagon" kind of guy, so I'm just curious :)

I found your post because @reonlouw featured you in the Pay it Forward contest ; you should think about joining us next week ;)

No, never heard of it. I'll have to check it out. Thanks for reading.

@blockurator, it's not doing so well so I'm thinking you're not missing out on much haha

No, never heard of it. I'll have to check it out. Thanks for reading.

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Even though I do not follow or really understand the world of crypto, your post appeared to be a pretty nice recap of the week..

I found your post through @reonlouw's entry in the "Pay it Forward" contest.

Thanks for stopping by, and for reading.

Keeping a finger on the pulse, sifting through news can be tedious to find what is hidden under the hood @blockurator

Welcome to Steemit and curating news about blockchain, so much happening I personally find articles under review interesting.

@reonlouw featured you in the Pay it Forward curation contest

Thanks for making an appearance. Glad to have you. Cool contest.

One need too much time and interested to have a better understanding for all these thins...So saving for a later time...

Thanks @reonlouw for nominating this, other wise i would never visit this page...Following you now..

@therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday.

https://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam

And the reason why is because @therealwolf is disgusting slimy pedophile that enjoys abusing kids. Here's proof of him upvoting child porn on the steemit blockchain. bigbadwolf indeed.

And the reason why is because @therealwolf is disgusting slimy pedophile that enjoys abusing kids. Here's proof of him upvoting child porn on the steemit blockchain. bigbadwolf indeed.

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