The Crypto News Podcast

Episode 026: Saturday 31st March 2018

Everybody’s Out To Kill Crypto … But Like A Cockroach, It’ll Survive CryptoGeddon!

Coming up in today’s show:

  • We’ve figured out some ways that we can destroy Bitcoin and we’ll share them with you today!
  • Students are getting on on cryptos big-time … but isn’t that money supposed to be spent on education?
  • Could Europe’s new privacy rules take out cryptos with a single bit of legislation?

Listen to this week's show …

Watch this week's show …


Check out the video feed on our YouTube channel at: http://cryptonewspodcast.com/YT

The Top 3 Crypto Headlines from this week's show:

1 > Crypto Job Interest Waned with Price Decline, Says Indeed

Interest in cryptocurrency-related jobs has declined in parallel with a slump in cryptocurrency prices, according to employment search engine Indeed.com.

According to a new report released Wednesday, cryptocurrency-related searches on the site climbed from June through mid-December of 2017, peaking at 39 searches per million for the term “bitcoin” and 46 searches per million for the term “cryptocurrency.”

Notably, Dec. 16 saw bitcoin prices surge to an all-time high of close to $20,000.

Since then, though, the aforementioned searches have dwindled by 76 and 41 percent respectively – a trend that Indeed attributes to the simultaneous slide in cryptocurrency prices since the peak.

https://www.coindesk.com/cryptocurrency-job-interest-waned-with-price-decline-says-indeed/

2 > Why Coinbase Won't Add New Cryptos Anytime Soon

Supporting new crypto assets may be a “top priority” for Coinbase, but any such additions to its order books might not be close on the horizon.

According to Coinbase general manager Dan Romero, the San Francisco-based exchange wants to add several new cryptocurrencies in line with customer feedback, but it's treading cautiously as U.S. regulators deliberate on how they might treat certain uses of the technology.

“The reality of the regulatory situation keeps us from going and doing that right away,” he said.

Specifically, Romero mentioned the Securities and Exchange Commission (SEC), which is rumored to have dozens of investigations ongoing concerning initial coin offerings (ICOs) – fundraising efforts that involve the creation of custom cryptocurrencies. While speculation is ongoing about the nature of the investigations, the regulator seems to be gathering information in an effort to make a ruling on when a crypto token is a security.

But since Coinbase is not a licensed broker, at least not yet, it cannot trade instruments that qualify as securities.

https://www.coindesk.com/waiting-game-why-coinbase-wont-add-new-cryptos-anytime-soon/

3 > Cryptojacking Up 8,500% Last Year: Stay Protected!

In a report on the Cyber Security Threat Landscape, cybersecurity software company Symantec noted that the number of cryptojackings skyrocketed by as much as 8,500% in the last quarter of 2017.

This happened in the wake of Bitcoin’s ramping rally and the overall spike of interest towards the cryptocurrency field during the mentioned period.

The most straightforward method to prevent coin mining is through installing browser extensions that block cryptojacking, such as No Coin. It’s a free solution offering an open-source extension which controls the way a website is interacting with your very own web browser.

Naturally, the extension you’d use would depend upon the web browser you are using, but the main idea is more or less the same.

In addition, you should pay attention if your computer is running slower or running hotter than normal as these could be signs of cryptojacking. Another prevention tip is to be aware of which websites are known to contain crypto mining code and avoid them.

http://bitcoinist.com/cryptojacking-8500-last-year-stay-protected/

The Top 3 Crypto News Stories from this week's show:

1 > How do you kill Bitcoin? We’ve found out how!

Over the years, Bitcoin has survived so many technical attacks, so much internal strife, and so much outside criticism that it’s gained a reputation for antifragility.

https://99bitcoins.com/how-to-kill-bitcoin/

Also GDPR: https://www.ccn.com/gdpr-a-game-changer-is-coming-for-cryptocurrency/

2 > Students Use Loans to Fund Cryptocurrency Investments

According to a survey conducted between March 16-20 by the Student Loan Report, 21.2 percent of college students have used loan money to fund cryptocurrency investment. The students were attempting to take advantage of upward price volatility in Bitcoin (BTC) or Ethereum (ETH) to pay off their debts faster.

Taking into account the fact that Bitcoin prices soared from $1,000 to $20,000 in 2017, the move might look like a good idea. However, using loan money for investing in an extremely volatile market could result in higher debt, especially when considering student loan interest rates.

https://bitcoinmagazine.com/articles/students-use-loans-fund-cryptocurrency-investment-study/#1522185593

https://cointelegraph.com/news/new-data-us-students-payroll-becoming-more-involved-in-crypto

https://www.cnbc.com/2018/03/23/college-students-use-financial-aid-money-to-invest-in-bitcoin.html

3 > Twitter Takes Aim At Dodgy ICOs But Throws A Blanket Ban On All Crypto Advertising

Twitter has confirmed rumors that the social media giant would follow Facebook and Google in clamping down on crypto-related advertising.

Twitter told Reuters that the ban will cover advertising for Initial Coin Offerings (ICO) and token sales.

The policy will be introduced over the course of the next 30 days and will also include bans on cryptocurrency exchanges and wallet services, unless they are public companies and are listed on major stock exchanges.

Twitter said it will limit advertisement for crypto exchanges in Japan to those under the purview of the national financial regulator.

Twitter cites safety for users as the primary motivator behind the ban.

BUT Remember what Jack Dorsey said last week!

https://cointelegraph.com/news/twitter-takes-aim-at-dodgy-icos-but-throws-a-blanket-ban-on-all-crypto-advertising

https://bitcoinmagazine.com/articles/twitter-abruptly-bans-cryptocurrency-ads-beginning-today/#1522189167

https://cointelegraph.com/news/facebook-google-and-twitter-ban-ads-but-do-their-founders-really-dislike-crypto

https://cointelegraph.com/news/twitter-confirms-ban-on-cryptocurrency-ads

https://www.coindesk.com/twitter-will-ban-crypto-ads-starting-tomorrow/

This week's Crypto Quickies:

1 > Data Dash on YouTube

https://www.youtube.com/channel/UCCatR7nWbYrkVXdxXb4cGXw

2 > How to learn about Crypto Trading

https://www.investopedia.com/uk/

https://www.babypips.com/

https://99bitcoins.com/

3 > Paul sorts out his Revolut card at long last!

Join Revolut HERE [Referral link]

4 > Teeka Tiwari’s two investing positions

$100-$400

$500-$1000

‘Don’t over-own or under-own’

5 > Big Investors Will Make ‘All Hell Break Loose’ In Crypto In 2018, Says Abra CEO

https://cointelegraph.com/news/big-investors-will-make-all-hell-break-loose-in-crypto-in-2018-says-abra-ceo

[Note: We're happy to attribute sources where we can. If you haven't branded your graphic and you'd like us to add a link, please email us at questions@cryptonewspodcast.com]

This week's Top 5 Crypto Coins:

See https://cointracking.info/coin_trends.php for the latest stats.

Paul's Fantasy Crypto Portfolio:

See http://cryptonewspodcast.com/paul

Paul Teague

Alison's Fantasy Crypto Portfolio:

See http://cryptonewspodcast.com/alison

Alison's Bitcoin-only portfolio: http://cryptonewspodcast.com/BTC

Your Crypto Portfolios:

See https://cryptonewspodcast.com/your-crypto-portfolios/

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