CryptoSlate Recap | Bitcoin and gold–why Warren Buffett doesn’t invest in either | Tether bombshell | As XRP underperforms Ripple and CTO David Schwartz sell-off holdings

Welcome to CryptoSlate Recap, our daily, free newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.


Tether bombshell leads to 5% wipeout of bitcoin price

Tether bombshell leads to 5% wipeout of bitcoin, can the market recover?

On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss. 

3 min read →


As XRP underperforms Ripple and CTO David Schwartz sell-off holdings

As XRP underperforms Ripple and CTO David Schwartz sell-off holdings

Within the last 30-days, bitcoin has gained 29 percent and the crypto markets overall have appreciated 22.5 percent.

3 min read →


Bitcoin and gold, why Warren Buffett doesn’t invest in either

Bitcoin and gold, why Warren Buffett doesn’t invest in either

As excitement starts to once again build in bitcoin, it is important to consider why it may underperform as an investment.

4 min read →


ICYMI

💸 Bitcoin confirmed transactions per day approach 2017 highs, is the crypto market recovering?

👟 Nike files trademark for “CRYPTOKICKS,” footwear’s foray into blockchain

🌮 Yelp’s “Accepts Cryptocurrency” tag could be a win for mass adoption

🙄 Skepticism around TRON’s alleged partnership with Liverpool FC

💎 Ethereum forming bullish technical indicators


What else?

Jacob Canfield notices the Tether FUD is causing a massive transfer of crypto assets off Bitfinex.


Tim Copeland dug deeper into Crypto Capital, the shady company at the heart of the Bitfinex and QuadrigaCX scandals.


Joseph Young observed the volume of non-Tether stablecoins has significantly risen after yesterday’s revelations.


Binance Research releases a new report, this time taking a look at the returns driven by categorizing cryptoassets.


Crypto market data

For more pertinent market data, please see:

🌚 Cryptocurrency Rankings

📈 Biggest Gainers - 24h

📉 Biggest Losers - 24h

💰 Highest Volume - 24h

🆕 Recently Added Coins


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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.