Week in Crypto #1 -- 5.27.2018
Week in Crypto:
I meticulously sift through all the relevant "Big topic" issues, debates, news in crypto for the week; so you don't have to.
No daily price analysis: there are PLENTY of people in this space doing a great job of covering the TA and FA aspect of trading and investing in crypto; there are fewer individuals here attempting to condense the ocean of info into a coherent and structured, yet easy-to-read way that doesn't require a degree in finance or computer science to understand.
Time is precious and information is almost infinite; not the other way around.
Big Topics:
BTC Price Manipulation - What to Know: SEC is going to look into price anomalies within trading exchanges (explains why prices haven't been increasing despite historical tencencies to do so shortly after the Consensus blockchain event). https://www.ccn.com/bitcoin-price-drop-from-20000-likely-due-to-market-manipulation-traders/
ICOs being told to cease and desist - What to know: ICO space is the true Wild West when it comes to crypto. While I've never actually finished participating in an ICO, there is TON of people getting robbed because of both the technological hurdles to participating, but also due to the ever-changing rules and methods people have users fund a project aren't made readily available to the average crypto investor. In short, be weary: https://www.coindesk.com/alabama-securities-watchdog-hits-3-icos-with-cease-and-desists/
Coinbase to Close GDAX and acquires another Trading platform (0x-based!!!) https://cryptocoin.news/news/altcoin/coinbase-acquires-paradex-a-new-platform-for-trading-cryptos-14205/
Adoption - happening faster by the day:
"Mobile payments startup Uphold said Thursday that it had completed integrating the XRP ledger to its platform, meaning clients can now have XRP wallet addresses directly through its app." -- https://www.coindesk.com/payments-platform-uphold-completes-xrp-ledger-integration/
"Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash" (not Robinhood or Coinbase, but competition is competition and great for all of us in the end!)--https://www.coindesk.com/revolut-app-adds-xrp-bitcoin-cash-to-crypto-options/
"VeChain Partners with a Chinese State Owned Enterprise" -- https://blockmanity.com/vechain-partners-chinese-state-owned-enterprise/
Cardano testnet launch news is trending on CoinCalendar -- https://www.coincalendar.cc/trending#week
What/Who to Watch:
"DOJ into BTC Price manipulation:"
"eosDAC explained:"
"People fleeing these cities:"
Memes:
https://imgur.com/t/cryptocurrency/7QTvFuT
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LTC - LS4xCbjDiVixoZuFDgejTHq6VgZvNWsp9e
ETH - 0x390C41cc806E81a47dE6cE36e38d8Cb3B1E16D50
BTC - 1N9dNtctUpPTro3USmgVX3ig7mc6EBmuCL