Recap | Top bitcoin analyst says bull season is 99% in | Altcoins pop as bitcoin consolidates | Bitcoin Cash exploit cripples network during scheduled hardfork upgrade

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


Bitcoin Cash exploit cripples network during scheduled hardfork upgrade

Bitcoin Cash exploit cripples network during scheduled hardfork upgrade

A bug was reportedly exploited on Bitcoin Cash during a scheduled hardfork upgrade of the protocol. For an hour and a half transactions went unprocessed, causing fees to skyrocket.

2 min read →


Goodbye bear market? Top bitcoin analyst says bull season is 99% in

Goodbye bear market? Top bitcoin analyst says bull season is 99% in

The world’s largest cryptocurrency has gone parabolic in the past week, with bitcoin breaking its yearly high on May 14th by crossing the $8,000 mark. Willy Woo, a cryptocurrency analyst, says that even in modest estimations, data shows that the bull season is 99 percent in.

2 min read →


Three ways to prevent exchange hacks—how 3FA can foil cryptocurrency exchange robberies

Three ways to prevent exchange hacks—how 3FA can foil cryptocurrency exchange robberies

The recent hack of the world’s biggest cryptocurrency exchange, Binance, highlights the need for heightened security in the crypto space.

3 min read →


Circle CEO: institutional market arrived in bitcoin as CME clears $1 billion in 1 day

Circle CEO: institutional market arrived in bitcoin as CME clears $1 billion in 1 day

On May 13, as the bitcoin price climbed from $7,000 to $7,700 within hours and the CME bitcoin futures market recorded a daily volume of over $1 billion.

3 min read →


Crypto hedge funds managed to survive the 2018 bear market

Crypto hedge funds managed to survive the 2018 bear market

Cryptocurrency hedge fund managed to survive the 2018 bear market that caused the price of Bitcoin to drop by over 70 percent. A report published by PwC and Elwood analyzed 150 crypto hedge funds that manage around $1 billion in digital assets and found that they suffered losses of only 47 percent.

2 min read →


Altcoins pop as bitcoin consolidates, analysis of Ethereum, XRP, IOTA, and Binance Coin

Altcoins pop as bitcoin consolidates, analysis of Ethereum, XRP, IOTA, and Binance Coin

The market is catching up with bitcoin. After breaking—and monetarily holding—$8,000, other altcoins are getting some action. XRP recently saw a 40 percent increase, Ethereum is surging, and Binance coin is approaching all-time highs.

6 min read →


Samsung supporting Ethereum on additional Galaxy smartphone models

Samsung supporting Ethereum on additional Galaxy smartphone models

Samsung is planning to extend its crypto and blockchain support to its range of Galaxy phones, according to a local report.

2 min read →


ICYMI

🤔 Another trade on Binance goes wrong, user allegedly pays $100,000 for 1 litecoin

🎮 Unikrn now allows users to bet crypto on top Fortnite streams on Twitch

💎 Vitalik Buterin: “Microsoft has embraced the open community of blockchain developers” on Ethereum

🇦🇪 BitOasis on track to become a regulated crypto-exchange in the Middle East

Charles Hoskinson of Cardano partners with Polymath to launch security token blockchain


What else?

Coinbase CEO Brian Armstrong is worried about the company becoming too centralized.


NEO is raising $100 million fund to invest in its project ecosystem.


MyEtherWallet noted that Ethereum GAS prices are going up, so it advised users to set transaction speeds higher.


MakerDAO’s governance is paying off–the price of the DAI has stabilized against the dollar.


Anthony Pompliano compares the benefits of being an early investor in Amazon and Bitcoin, with one major difference–the ROI.


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Thanks to the following companies for their support:

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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.