Owner of Houston Rockets trades cars for crypto – September 6

Current Bitcoin Price: $6411 (as of 8:30 AM PST)

After yesterday’s Bitcoin dump, the major cryptocurrency continued to fall a further $500. However, it has found support around the $6400 mark today. The news is equally bad — if not worse — for most other major cryptos, with Ethereum down just under 12% on the one hand and Ripple down under 5% on the other.

Outperforming the rest of the market are MCO and QASH, two obscure top-100 coins that are up 7.05% and 0.21% respectively. Meanwhile, three Bitcoin forks — Diamond, Dark, and Private — are topping the damage charts today.

Top Bitcoin & Crypto News Stories for 6th September 2018

Owner of Houston Rockets trades cars for crypto

Tilman Fertitta is the owner of the Houston Rockets NBA team, but also runs an exotic car dealership — featuring Rolls Royces, Bugattis, and Bentleys — in the Texan capital.

In an enthusiastic tweet published yesterday, Tilman announced that his dealership now accepts Bitcoin and Bitcoin Cash for their products.

FunFair secures gambling license

FunFair is the crypto solution to gambling. It builds on blockchain principles to create an online casino that’s “provably fair”, efficient, and secure. And they’re getting ready for launch…

FunFair has announced that they’ve made significant progress in obtaining their gambling licenses, which they hope will allow them to launch their online crypto casino very soon.

The US is “losing out” on blockchain

America’s stance on crypto isn’t clear. It’s been slow and unclear in regulating the space, so much so that both investors and entrepreneurs are getting scared away.

That’s the view of Ripple CEO Brad Garlinghouse and TechCrunch founder Michael Arrington, in revealing their thoughts at the TechCrunch Disrupt San Francisco event.