How Bitcoin Went Cold While Litecoin Grows Hot

in #bitcoin7 years ago

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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/

#Coindesk

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

#Litecoin #seekingalpha

Another one explains why Coinbase should list Tron. https://www.bitgekko.com/5-reasons-why-coinbase-could-list-tron-trx

#Coinbase #Tron #Bitgekko

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

#investing #nasdaq

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

#Facebook #CNBC

Meanwhile, #Bitcoinist concludes that #computer power is threatening Ethereum #miners. http://bitcoinist.com/rise-computer-power-threatens-ethereum-miners/

#ether-mining #crypto-mining

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/

#ICO #IrishTechnews

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/

#themerkle

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.

#BlockchainTimes #CryptoCuratio

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BCNBytecoin0.011$null%62.48%
BNBBinance Coin13.805$-5.67%-4.69%
BTCBitcoin8951.990$-4.23%-7.34%
ETHEthereum731.713$-3.7%-6.03%
LTCLitecoin147.870$-7.41%-7.49%