Recap | Facebook’s bitcoin-inspired cryptocurrency—GlobalCoin to launch in 2020 | Brave Browser testing BAT tipping for Twitter | Bitcoin consolidating above former resistance
|May 24||Public post|| 5|
Happy Friday! Welcome to CryptoSlate Recap, our daily newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
Brave browser is currently testing a new feature that will allow its users to tip tweets with Brave Rewards. Users of Brave’s Nightly desktop version will now have the option to be paid Basic Attention Token for each tweet, the company said.
Bitcoin is doing what it’s done best over the last decade and continuing to climb, despite skeptics, antics, and rhetoric. While some traders are expecting price movement to retest the former resistance zone, there are signs suggesting a retrace into that zone may not be necessary in a bullish continuation.
Facebook, the social media giant that owns WhatsApp and Instagram, is finalizing its plans to launch its own cryptocurrency next year. According to BBC, “GlobalCoin” will roll out in 2020, with tests starting by the end of this year. Facebook wants to target the unbanked with GlobalCoin
After several weeks of bullish momentum, most of the top market cap cryptos are going through a period of consolidation. It’s unclear whether the market will pullback or experience new highs, and overall it seems wise to wait for confirmation before re-entering the market.
Cryptocurrency startup Block.one made history by returning more than 6,567 percent returns to its earliest investors in less than three years. According to a report from Bloomberg, the ROI translates into $6.6 million for a $100,000 stake. Block.one pays out outlandish returns to its investors Seeing your original investment return several thousand percent is not […]
The total value of Ethereum locked in financial protocols has grown from $10m to $530m over the past 18 months.
Larry Cermak notes how the majority of Tether volume is from exchanges engaging in wash trading.
May 23, 2018 was the first time in more than 200 days that Bitcoin had a close higher than 1 year prior.
Featured blockchain companies
Thanks to the following companies for their support:
🌊 Seattle Devcon Blockchain - June 28-30 in Bellevue, WA U.S. - Join us at this accessible and inclusive event for blockchain beginners and advanced level topics.
🚀 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:
Connect with us
🔥 Interested in sponsoring this newsletter? Contact us.
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.