Why 17 Million is a Magical Bitcoin Number

in cryptocurrency •  7 years ago 

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The top #crypto-news of the day is Bitcoin-related. In fact, Bitcoin hit a major milestone today. The #coin has now had 17 million coins mined, and the closer it gets to that magic 21 million number, the higher the value should rise. Let's all say a cheer for Bitcoin. Hip hip hooray! Read the #news at https://www.cnbc.com/2018/04/26/there-are-now-17-million-bitcoins-in-existence--only-4-million-left-to-mine.html

#CNBC #cryptomining #cryptocurrency-mining #Bitcoin-mining

Crypto-News

In other news, #XRP sales rose 83 percent during Q1 2018. https://www.coindesk.com/ripples-q1-report-direct-xrp-sales-fell-but-share-of-crypto-market-rose/

#CoinDesk #Ripple

#Fundstrat added five new cryptocurrency indexes. https://cryptona.co/fundstrat-has-added-five-new-indexes-to-give-crypto-investors-more-options/

#crypto-index #cryptocurrency-index #cryptona

Here's a good one: Vitalik Buterin is boycotting the #Consensus conference, and he wants you to do it too. https://www.bloomberg.com/news/articles/2018-04-26/ethereum-founder-is-boycotting-one-of-the-biggest-crypto-summits

#Vitalik-Buterin #conference #bloomberg

Cardano had a good month. The coin saw a rise of 53 percent. https://cryptoslate.com/cardano-ada-april-update/

#Cardano #cryptoslate

And #Binance is back in the news. The crypto exchange is now more profitable than Deutsche Bank. Can you believe that? That's a total winner for the entire #crypto industry. #CCN has the scoop: https://www.ccn.com/binance-surpassed-germanys-biggest-bank-deutsche-in-profitability/

#crypto-exchange #cryptocurrency-exchange #Deutsche-Bank #bank

Crypto-Analysis

There are some pretty awesome analysis pieces today, as well. For starters, the top #crypto-analysis piece explores the relationship between Coinbase and the price of Bitcoin. Check it out! https://www.globalbankingandfinance.com/new-data-findings-explore-the-relationship-between-coinbase-user-engagement-and-the-price-of-bitcoin/

#Coinbase #globalbankingandfinance

Next in line for the crypto-analysis award is a little ditty from Forbes that asks the all-important question: What will it take for Ethereum and Ripple to beat Bitcoin? https://www.forbes.com/sites/panosmourdoukoutas/2018/04/26/what-will-it-take-for-ethereum-and-ripple-to-beat-bitcoin/#47779632532f

#Forbes

Another good read from Forbes discusses the conservation of centralization. https://www.forbes.com/sites/noahjessop/2018/04/26/the-conservation-of-centralization/#1df96f224eb6

#conservation #centralization #decentralization

CoinTelegraph pleads please don't destroy Bitcoin and reviews an MIT Technology Review article that suggested just that. https://cointelegraph.com/news/lets-not-destroy-bitcoin-whats-wrong-with-mit-technology-reviews-article

#CoinTelegraph #MIT #MITTechnologyReview

CoinDesk tells crypto investors what they can learn from billionaire stock kingpin George Soros. And who doesn't have much to learn? https://www.coindesk.com/crypto-investors-can-learn-billionaire-george-soros/

#crypto-investors #investors #investing #George-Soros

The Fool lists 10 things crypto investors should be scare of. https://www.fool.com/slideshow/10-things-should-scare-you-about-investing-cryptocurrencies/

#TheMotleyFool

And to bring up the rear, CoinTelegraph shares the blockchain solution to the social media crypto ad ban. Lord knows we need one. An alternative, that is. https://cointelegraph.com/news/blockchain-based-ad-service-revolution-crypto-answer-to-social-media-bans

#social-media #crypto-advertising #advertising

Oh, one more thing. Check out this #heater that is also a #crypto-miner. It allows you to mine Ethereum, #Bitcash, and #Monero. http://blockchaintimes.io/2018/04/27/earn-cryptocurrency-while-heating-your-home-or-business/

#Qarnot

There's plenty more blockchain and cryptocurrency news at Blockchain Times. Be sure to check it out! http://blockchaintimes.io/2018/04/27/friday-april-27-2018-daily-news-digest/

Now, for my typical disclaimer. I am not vested in nor do I receive compensation from any of the companies listed in this post. I am a paid #editor for Blockchain Times.

#BlockchainTimes #CryptoCuratio

Until next week, sleep tight!

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ADACardano0.297$1.24%-0.59%
BTCBitcoin9113.330$-1.51%3.54%
ETHEthereum663.138$0.56%8.93%
XMRMonero255.112$-4.27%-3.64%
XRPRipple0.828$-1.96%-9.45%