Hello everyone! Time for another weekly wrap-up of the best or most interesting stories and investing advice we've found in crypto and precious metals. Now it's time for crypto. Enjoy!
Crypto week of July 31, 2017:
- Of course the big news this week was the fork of Bitcoin and the creation of Bitcoin Cash. Here is a good recap from August 1:
https://www.coindesk.com/what-happened-to-bitcoin-a-recap-of-the-blockchains-big-split/
- This could power the next several legs up for Bitcoin. Exchanges are getting ready to setup Bitcoin options trading:
http://www.businessinsider.com/bitcoin-price-data-trading-winklevoss-cboe-gemini-partnership-2017-8
- Despite all the fear over the Bitcoin fork, it has had a huge surge this week and hit an ATH:
https://news.bitcoin.com/markets-update-bitcoin-continues-to-orbit-above-3k/
- Just a great case for why Ethereum could eventually hit $2000:
https://cointelegraph.com/news/ethereum-price-can-reach-2000-if-this-happens
- Are we in another bubble like the go go dot-com days? Maybe but just remember what came out of that:
https://www.cnbc.com/2017/08/07/cryptocurrency-boom-just-beginning--commentary.html