June 25, 2019 — Latest Bitcoin Updates

In May and June 2019, Bitcoin’s dollar value rebounded handsomely. In just 3 months, it rose from $3850 to $11,800/BTC. ^{«— and above $13,500 just after publication}

Pundits point to Facebook’s release of a whitepaper and framework for Libra, a proprietary coin. They speculate that the Libra announcement legitimizes crypto. It’s possible, but Libra is a very different animal. It’s neither decentralized nor permissionless. In fact, it is not a blockchain coin or even a cryptocurrency).

But, it is folly to attribute this recovery to particular events. Few fundamentals can be identified. This time, there is no ETF or government action that points to fresh investor interest. It could even be increased organic adoption. There are just too many moving parts to gauge short term movement.

The Bitcoin and crypto posts linked below are shorter than articles here at Wild Duck, because they are answers to reader questions. But, this also means that they are simple, clear and digestible…