Introducing Red Fog Crypto Bytes

 



Crypto Bytes

DIGESTIBLE CRYPTO NEWS



“The Bitcoin structure is quite brilliant.”
– Elon Musk, 2019

MOON

Who’s up…

Rocket


Book Airbnb using Bitcoin… Cryptocurrency gift card provider Bitrefill has added a service allowing users to book Airbnb rentals with five cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE) and Dash (DASH). Airbnb gift cards can only be applied for reservations less than 28 nights, the firm said, while customers can purchase the cards in U.S. dollar denominations of $25, $50, and $100.

Bitcoin is back… Bitcoin price rallies to its highest level since November. Reasoning for the jump in price is not immediately clear but that doesn’t stop analysts from speculating. Some of their guesses include: unknown whale (trader with a lot of money) made a purchase, April fool’s joke that SEC was launching Bitcoin ETF, Elon Musk tweeting “Dogecoin Rulez” and algorithms triggering a buy.


REKT

…Who’s down

Fog Warning


Buy blockchain not cryptoPeter Mallouk, certified financial planner and president of wealth management firm Creative Planning advises against cryptocurrencies claiming that it is on the verge of collapse. However, he does support blockchain, one of the technologies that powers cryptocurrencies.

BofA mixed feelings… Bank of America Tech Chief, Cathy Bessant is bearish on blockchain stating she is doubtful that blockchain will amount to anything, despite BofA having the most patents for it. The bank has 82 blockchain related patents, more than any other financial firm. In comparison JP Morgan has 6 patents.


LAST WEEK MARKET MOVER’S


COIN OF THE WEEK


Bitcoin Cash (BCH)

Bitcoin Cash $307.34 +89.4%

BITCOIN (BTC)

Bitcoin $5,224 +26.5%


LEADERBOARD GAINS

MaggiE

954a0e15-8e10-4651-87e7-6fe3c2c8cba5.png 1037 Fog Tokens +22.7%


CRYPTO CELEBRITY

c6ff9e40-1e3d-4a72-812a-e962dc4fba25.png Vitalik Buterin +19.0%


RED FOG INDEX

451362e0-c640-41d7-961d-b582df9899c8.png +18.6%


‘CRYPTO BYTES’ PODCAST


Crypto Bytes

15 Minute Conversation

 

Episode 1: WHAT IS BLOCKCHAIN?

 

 

 

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