Crypto in press [2018-06-11]- Bitcoin Price, Japanese Public Companies, Binance CEO and more
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#1 No, Bitcoin Price Didn’t Fall Because a CoinRail was Hacked
#2 More Japanese Public Companies Entering the Crypto Space
#3 Binance CEO Says BTC Price Correction in 2018 is Similar to 2014
#4 Just Diversify? With Crypto Portfolios, It's Not So Simple
#5 Co-founder of LinkedIn: The Ban on Advertising ICOs - A Temporary Phenomenon
#6
1. The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack of CoinRail to be the culprit. However, the exchange is a small platform with a less-than-great reputation in South Korea.
Read more on: https://www.newsbtc.com/2018/06/11/no-bitcoin-price-didnt-fall-minor-cryptocurrency-exchange-hacked/
2. Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings.
Publicly traded companies in Japan are increasingly seeking to enter the crypto space to offer various crypto-related services. News.Bitcoin.com recently reported that six public companies are planning to launch their own cryptocurrency exchanges including Money Forward, which operates one of Japan’s most popular personal finance apps. An additional three companies have also announced their plans to enter the space with different product offerings.
Read more on: https://news.bitcoin.com/japanese-public-companies-entering-crypto-space/
3. The current cryptocurrency momentum is anything but positive. To novice users, it seems as if this is the beginning of the end and a bubble waiting to burst. Veterans know all too well this is just a blip on the radar. Dips and peaks occur quite regularly in the Bitcoin world, after all.
Read more on: https://www.newsbtc.com/2018/06/10/binance-ceo-says-bitcoin-price-correction-2018-similar-2014-occurs-every-year/
4. Tanzeel Akhtar is an independent British journalist whose work has been published in the Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire.
With over 1,560 cryptocurrencies for investors to choose from, the abundance can seem overwhelming.
But it also raises an interesting question: How important is it to have exposure to a range of cryptocurrencies? Is it worth diversifying your holdings in order to mitigate risk? The work of Harry Markowitz might lead you to think so.
Read more on: https://www.coindesk.com/just-diversify-crypto-portfolios-not-simple/
5. Co-founder of LinkedIn: The Ban on Advertising ICOs - A Temporary Phenomenon
Eric Ly, one of the co-founders of social media giant LinkedIn, is convinced the ban on ICO ads across social media and search engines is temporary. We look deeper at his reasoning here.
It seems that one social media company after another, including Facebook and Twitter, have banned ICO advertisements this year. Why so?
Read more on: https://coinidol.com/ban-on-advertising-icos-temporary-phenomenon/
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