CryptoSlate Recap | Bitcoin marketcap rockets past $100B | Fidelity: Institutional investment in cryptocurrency likely to grow | Cardano enters Ethiopia with enterprise blockchain framework Atala

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


Bitcoin marketcap rockets past $100 billion: will $6,400 confirm bull market?

Bitcoin marketcap rockets past $100 billion: will $6,400 confirm bull market?

In the past 24 hours, the bitcoin price spiked from around $5,374 to $5,778 on regulated fiat crypto exchanges like Coinbase in the U.S., surging past $5,800 in several other markets.

3 min read →


Fidelity: Institutional investment in cryptocurrency likely to grow

Fidelity: Institutional investment in cryptocurrency likely to grow

Institutional investment in cryptocurrency is likely to increase over the next five years, according to research from Fidelity Investments. The firm surveyed 441 institutional investors—including pensions, hedge funds, and endowments—to determine the investment outlook for bitcoin and other cryptocurrencies.

3 min read →


Cardano enters Ethiopia with enterprise blockchain framework Atala

Cardano enters Ethiopia with enterprise blockchain framework Atala

Charles Hoskinson, CEO of IOHK and founder of Cardano, announced the launch of Atala, an enterprise blockchain aimed at helping governments in developing countries build systems for voting, property registration, and supply chain, as reported by Forbes contributor Rachel Wolfson.

1 min read →


ICYMI

💸 Ripple signs-on third largest money transfer service to RippleNet

🚀 Stellar leads in daily active accounts according to new estimates

⚡️ Innovation around Bitcoin has reduced tx fees, transactions at 2017 highs at 15% the cost


What else?

Spencer Noon noticed that Ethereum co-founder Joseph Lubin made what looks like to be an incredibly well-timed crypto-bottom call.


MakerDAO may be raising the DAI stability fee to 19.5%.


Blocktown Capital produced interesting comparison of gold over the past 100 years verse Bitcoin over the past 5 years.


Senior eToro analyst Mati Greenspan observed the Bitfinex cold wallets have decreased from 119K BTC on Apr. 26 to 89K BTC at the moment.


Featured blockchain companies

Thanks to the following companies for their support:

🚀 OpenCrowd - a design and technology firm creating custom blockchain business solutions for global clients and early startups

⚡️ Blockstation - a leading Canadian FinTech company founded in 2014, provides one of the first digital asset trading solutions for stock exchanges.

Want to be featured here? Contact us to learn more.


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.