How Bitcoin Went Cold While Litecoin Grows Hot
You'll have to forgive my zany sense of humor, but sometimes the #news amuses me. Crypto news even more so. You'll love the best stories of the day. Check 'em out!
Crypto News
Seven is a magical number, but it's even more magical when it's expressed as a percentage. In this case, the 7% is how much of the Bitcoin supply is held in storage by Xapo. https://cointelegraph.com/news/bloomberg-7-of-bitcoin-supply-held-in-cold-storage-vaults-by-one-company
#cointelegraph #cold-storage #xapo
You'll have to stretch your imagination for this one, but the #Winklevoss twins have a #patent for cryptocurrency exchange traded products. That's pretty awesome! https://cryptoslate.com/winklevoss-twins-acquire-patent-for-cryptocurrency-exchange-traded-products-etps/
#cryptoslate #etp #crypto-exchange
And a new report shows the majority of #crypto early adopters are already on board the revolution. https://cointelegraph.com/news/new-report-on-crypto-ownership-shows-majority-of-early-adopters-already-on-board
And many of them attended the Ethereum summit recently, all of whom committed themselves to the new Ethereum #governance plan. https://www.coindesk.com/ethereums-eip0-attendees-commit-to-governance-plan/
Meanwhile, Bytecoin's listing has raised questions concerning Binance's policies. https://news.bitcoin.com/binances-coin-listing-policy-raises-questions/
#bytecoin #binance #cryptocurrency-exchange
Yet, Canaan Creative is planning a $1 billion IPO launch. https://cointelegraph.com/news/chinas-2nd-largest-bitcoin-mining-hardware-producer-plans-to-launch-1-bln-ipo-in-hong-kong
#Canaan-Creative #IPO #hongkong #crypto-news
Crypto Analysis
The big question of the day, and the best analysis, is all about Litecoin. Do you think it could rise by 400% by August. One analyst does. https://seekingalpha.com/article/4171925-litecoin-4x-august
Another one explains why Coinbase should list Tron. https://www.bitgekko.com/5-reasons-why-coinbase-could-list-tron-trx
Nasdaq asks, how does crypto investing compare with other types of #investments? https://www.nasdaq.com/article/how-does-crypto-investing-compare-to-other-investments-cm961145
CNBC wants to know why Facebook wants a #blockchain so badly. https://www.cnbc.com/2018/05/09/zuckerberg-invests-in-blockchain-to-keep-facebook-relevant.html
Meanwhile, #Bitcoinist concludes that #computer power is threatening Ethereum #miners. http://bitcoinist.com/rise-computer-power-threatens-ethereum-miners/
In a longer piece, Irish Tech News explores lessons learned from the top 10 largest ICOs. https://irishtechnews.ie/lessons-learnt-from-the-10-largest-ico-fund-raises/
And Ethereum's price is in the green again. https://themerkle.com/ethereum-price-is-in-the-green-again-as-most-markets-begin-to-recover/
Plus, here's a sentimental analysis of BNB. https://cryptoglobalist.com/2018/05/09/breaking-down-binance-coin-bnb-q2-%CC%B6-sentimental-analysis-may-2018/
#BNB #Binance-Coin #cryptoglobalist
Bringing up the rear is Forbes with the all-important question about #Japan. Is it still Asia's crypto haven? https://www.forbes.com/sites/elaineramirez/2018/05/10/is-japan-still-asias-crypto-haven-after-coincheck-heist-probably-not/#79401e72258e
#forbes #Asia #crypto-analysis
For more great news from the crypto world today, check out Blockchain Times at http://blockchaintimes.io/2018/05/10/thursday-may-10-2018-daily-news-digest/.
Just like yesterday, I've got no stake in nor am I am compensated by any of the companies mentioned in this post. I am a paid #editor for Blockchain Times.
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