Recap | How Bitcoin and Ethereum plunged in minutes amidst unexpected correction | Will privacy coins beat Bitcoin? | Roger Ver strikes back at Craig Wright for libel suit
|CryptoSlate||May 18, 2019|| 7|
Happy Friday, everyone! ⚡️ Welcome to CryptoSlate Recap, our daily newsletter containing links to some of the top blockchain stories on CryptoSlate and across the web.
The cryptocurrency market is going through a correction after the recent surge above $8,000. Yet, relative to BTC, will privacy coins fare any better? Using two indicators—support resistance levels and moving averages—it is possible to assess the outlook for Monero, Zcash, Verge, Komodo, and Grin.
The increasingly litigious Craig Wright sued Bitcoin Cash figurehead, and former business partner, Roger Ver for libel after being called a “fraud and a liar.” Ver responded to the lawsuit by seemingly debunking Wright’s claim that he controlled several high-profile Bitcoin addresses, which would have suggested that Wright is Satoshi Nakamoto.
ConsenSys entered into a partnership with LVMH and Microsoft to launch a new blockchain platform tailored for the luxury industry. The consortium, named AURA, will be based on Ethereum blockchain technology and utilize Microsoft’s Azure platform and enable customers to prove the authenticity of their goods.
National Public Radio (NPR) becomes a Brave verified publisher, now accepting Basic Attention Token for donations
The National Public Radio (NPR), a non-profit media organization based in Washington, DC, has become the latest major news outlet to become a Brave verified publisher. The website will now allow its readers to give them tips and recurring contributions in Basic Attention Token, Brave Browser’s native cryptocurrency.
On May 17, the price of Bitcoin plunged from around $7800 to $6700 within minutes in a flash crash on BitMEX. Immediately after, the price of Ethereum dropped from $240 to $190.
Bittrex will be removing a handful of coins from its exchange on May 31st.
Tuur Demeester shares a chart depicting Bitcoin price action over the past 8 years overlaid with the periods of halvings, expansions, accumulations and bull runs.
Luke Martin shares a clip from an upcoming 60 Minutes segment which tells the story of the infamous pizzas purchased for 10,000 BTC back in 2011.
CoinMetrics discovered several discrepancies between Ripple’s public report and the XRP ledger.
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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.