How Circle, Trust, and Chinese Unicorns Dance to the Tune of Bitcoin

When it comes to seeking approval, centralized #crypto exchanges are a lot like teenage girls. First, they crave it. Then they don't need it. Then they want it, but can't have it. Then they ditch it and it comes back to them. So they cry. And lose it. Then they crave it again. Welcome to the age of Bitcoin. Want a nose ring?

Bitcoin
Image from Unsplash.

Crypto News

First, Coinbase said they had received SEC approval for listing security tokens. Now, they're saying they didn't need SEC approval and didn't get it. So which is it? Like getting the truth from a teenage girl, I doubt we'll never know. They'll just put a ring in their nose.

#MyEtherWallet finally got around to adding USD and EUR buying options for Ethereum. Maybe they need a nose ring.

And the CEO of #Circle is giving a thumbs up to Ethereum by saying it will likely drive mass blockchain adoption similar to the way whoever did way back when for the Internet. He definitely needs a nose ring.

coinbase
Image from Pixabay.

#Binance, ever the bold one, ditched its nose ring to invest in the world's first decentralized bank, Founder's Bank.

And now for the biggest news of the day. Three Chinese Bitcoin mining farms made unicorn status. Now they're as horny as all those dudes with nose rings.

Crypto Analysis

Predicting the price of Bitcoin has become a neverending game. One analyst does it by watching #Litecoin and Ethereum.

Of course, the price of Bitcoin is up 16% in seven days, but is it still undervalued? It's possible that Bitcoin could test $8,000 again, but before it does, it will likely pull back again.

Bitcoin price
From CoinMarketCap

And if you're wondering why you find it difficult to trust cryptocurrency white papers, you need to read this.

We all know cryptocurrencies are essential to blockchains, but will fiat currency soon join them?

In case you're wondering, 81% of ICOs are scams.

In spite of the problems with ICOs and white papers, the blockchain in China is circumventing censorship. That's a good thing, right?

Looking for an interesting coin? Try Decred. And for an outstanding read, you want to try "Are ICO Performances Affected By Bear Markets?"

These, and other stories like them, are in today's issue of Blockchain Times, where I serve as #editor. And, in case you're wondering, I have accepted no bribes, gifts, or nose rings for mentioning companies in this post.

#blockchaintimes #crypto-news #crypto-analysis #steemitbloggers

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