Everyone's Talking About the Bitcoin Surge

in #bitcoin7 years ago

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Yesterday's #news was interesting. Everyone was talking about how Bitcoin surged $1,000 within an hour driving its price up over $8,000 for the first time since the end of March. Does this spell the end of the bubble? Is the market swinging back up again. Was it just a little "dip" that real #investors should be capitalizing on? These are the questions pundits and prognosticators are asking, and attempting to answer. This morning, Bitcoin slid down below the $8K mark again. But it was the top headline in #crypto-news yesterday.

https://www.nbcdfw.com/news/tech/Bitcoin-Surges-Over-8000-Sudden-Move-479514483.html

#NBC

And now, for other crypto news.

Crypto-News

Behind Bitcoin, Coinbase had an interesting announcement. They're introducing computing tools to help investors analyze their taxes on #cryptocurrencies. I have to say, this is a useful tool. https://cryptovest.com/news/coinbase-rolls-out-crypto-tax-computing-tools/

#cryptovest

The #R3 Consortium is expanding its vision for a global blockchain to include more than just #banks. https://www.coindesk.com/beyond-banking-r3-expanding-vision-global-blockchain/

#CoinDesk #R3Consortium #Corda

In #Europe, 22 countries including the #UK sign a partnership to work together on the blockchain. https://www.computerweekly.com/news/252438884/22-European-countries-sign-up-to-blockchain-partnership

#ComputerWeekly

And in #Japan, the #cryptocurrency exchange OKEx is following #Binance to Malta, which everyone is now calling Blockchain Island. https://cryptoslate.com/okex-malta-blockchain-island/

#CryptoSlate #crypto-exchange #cryptocurrency-exchange #OKEx

And now for some #analysis.

Crypto-Analysis

The top analysis from yesterday, something which could also be classified as news, was #EOS surpassing #Litecoin to become the fifth top cryptocurrency in market cap. https://www.cnbc.com/2018/04/12/cryptocurrency-eos-leaps-past-litecoin-into-fifth-place-by-market-cap.html

#CNBC #marketcap

Find out why some of the top #crypto-investors are telling #entrepreneurs not to ICO. https://www.forbes.com/sites/jeffkauflin/2018/04/12/some-top-crypto-investors-are-now-telling-entrepreneurs-not-to-ico/#44a14b5b4f96

#ICO #Forbes #initialcoinoffering

Is it time to sell all your #crypto and exit blockchain? That's what Financial Times wants you to believe. See why at https://ftalphaville.ft.com/2018/04/13/1523592006000/Sell-all-crypto-and-abandon-all-blockchain/

#FinancialTimes

Meanwhile, in #India crypto exchanges are contemplating suing the Reserve Bank of its regulatory crackdown. https://qz.com/1250992/indias-cryptocurrency-exchanges-may-move-the-supreme-court-to-challenge-rbi-crackdown/

#Quartz #regulation #crypto-regulation #ReserveBankOfIndia #RBI

Finally, #Bitmex does some research and concludes #Ethereum may not have the ability to reduce reliance on proof-of-work.

#proofofwork #crypto-analysis

All of this news, and more, is available at Blockchain Times. See it at https://blockchaintimes.io/2018/04/13/friday-april-13-2018-daily-news-digest/#heading-49

As a bonus, check out these non-finance uses for the blockchain. Were you aware of these incredible use cases? https://blockchaintimes.io/2018/04/13/non-finance-use-cases-for-the-blockchain/

Disclaimer: I am not invested nor am I compensated by any of the companies or cryptocurrencies mentioned in this post. I am a paid #editor at Blockchain Times.

#BlockchainTimes #CryptoCuratio

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin8030.610$1.89%14.97%
EOSEOS8.578$-2.76%44.7%
ETHEthereum505.025$2.64%29.82%
LTCLitecoin127.474$1.01%8.55%

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