Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Cryptocurrency fund manager Brian Kelly expects Bitcoin to rally further in the next few […]

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Galaxy Digital Founder Michael Novogratz: One of the Social Media Cryptos Will Succeed

Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has suggested that one of the crypto assets created by social media giants will succeed. Novogratz made his remarks during an interview with CNBC published on May 24. At the end of the interview, Novogratz noted: “I think Facebook’s payment currency, I think Telegram’s gonna have one…You’re gonna see […]

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Coinbase Now Supports Another Stablecoin, MakerDAO’s Dai

Major cryptocurrency platform Coinbase now supports stablecoin Dai (DAI), according to an official press release on May 23. Coinbase says that the token can be purchased and sold, sent and received, and converted or stored in most jurisdictions on its platform, with the exception of New York, for now. DAI is designed to maintain a 1:1 value with the U.S. […]

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Vitalik Proposes Mixer to Anonymize 'One-Off' Ethereum Transactions

“We need a first step toward more privacy,” Vitalik Buterin, founder of the ethereum blockchain network, said Wendesday. In a new HackMD post, Buterin detailed a design to help obscure ethereum user activity on the blockchain. More specifically, Buterin proposed a “minimal mixer design” aimed at obfuscating user addresses when sending fixed quantities of ether (ETH). According to Buterin, users can […]

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Cryptocurrency Daily Roundup – May 23

Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours. New York Supreme Court Grants Bitfinex Stay Of Document Demands From NYAG Cryptocurrency exchange Bitfinex, and its affiliated stablecoin issuer Tether, announced that the New York Supreme Court has granted its motion for an immediate stay of the document demands from […]

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Ethereum: Foundation Sets Goals for Coming Year

Earlier this week on May 21st the Ethereum Foundation published its Spring 2019 update and spilt all the details on the planned development for the next coming year. The report mainly focuses on how ETH plans on allocating the $30 million designated for use by the Foundation in further developing the currency. The Foundation further went onto report on the […]

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Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits

Cryptocurrency lending startup BlockFi is almost halving the interest rates it offers on ether (ETH) deposits, while some bitcoin (BTC) rates will increase slightly. From June 1, customers with 25–100 ETH balances in a BlockFi Interest Account (BIA) will see the interest rate drop from the current 6.2 percent annual percentage yield (APY) to 3.25 percent, the startup announced Tuesday. […]

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At Blockchain Week, Maturity Is the Motto as Ethereum Organizations Push Toward 2.0 Upgrade

The ethereum movement, headed by flagship organizations like the Ethereum Foundation and the Brooklyn-based conglomerate ConsenSys, emerged from Blockchain Week 2019 with a common goal and a newfound sense of urgency. In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that want to be here and are […]

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