Recap | Bitcoin rumors debunked | Has the uptrend changed for Stellar, Neo, Cardano, Tezos, and Qtum? | IOTA aims to use IoT to build smarter cities in Texas
|CryptoSlate||May 16, 2019|| 4|
Welcome to CryptoSlate Recap, our daily newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
The latest altcoin technical analysis suggested that a correction was on the horizon following a market-wide surge. Now, it looks like the market is, in fact, retracing before there is a continuation of the bullish trend.
A website that claimed to know the true identity of Bitcoin’s true creator, Got Satoshi, turned out to be a marketing stunt planned and executed to promote a new crypto news outlet. The Satoshi that was revealed wasn’t a real person but instead was an “AI-powered” news anchor.
IOTA, one of the fastest growing blockchain foundations on the world, announced that it will sponsor the first inaugural Texas Smart Cities Summit, an event that aims to accelerate smart city efforts in the state of Texas.
The world’s largest cryptocurrency has managed to break the $8,000 mark sooner than expected but has seen a slight dip in value as rumors that have fueled the bull run got debunked. Some believe the dip was caused by eBay and TD Ameritrade shooting down rumors on their expansion into crypto.
As the market continues to climb on its rally from December lows, several of the high cap coins have been noticeably quiet—including Ethereum. However, Bitcoin’s recent price surge saw its price increase nearly 50 percent in two days, giving Ethereum and other high-caps the boost they needed to start their climb upwards.
Gemini co-founder Tyler Winklevoss tweeted that breaking $8k this time looks a lot different than it first did in 2017.
CryptoSlate technical analyst Eric Thies points out the differences between fundamental analysis (FA) and technical analysis (TA).
What Bitcoin Did Podcast host Peter McCormack wonders how anything can be 100% decentralized.
And in summary, don’t bother asking the postal service about email.
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