Latest Market News
The team behind one of the featured coins has a number of announcements lined up and updates that are scheduled to take place in June. The other project is about to launch their mainnet shortly. With the upcoming developments, the near future looks bullish for both featured coins.
The cryptocurrency markets feel like they're moving at the speed of light. Prices started tanking with the beginning of 2018 and the market is now dropping again after it was reinvigorated with a rally starting on April 13. While we're eagerly waiting to see if Bitcoin can decisively reverse the downward trend, let's take look at some predictions for its (near) future.
This week’s coins to watch include a popular token, which will launch its highly anticipated mainnet on May 31 and a well-established cryptocurrency, which is popular in Asia and often overlooked by Western cryptocurrency enthusiasts.
The amount of new cryptocurrency and blockchain projects continues to increase at an almost exponential rate, and the ICO space is showing no signs of slowing down despite the bear market. Here are four interesting Initial Coin Offerings (ICOs) to keep an eye on in the near future.
Ripple is making mainstream news again, this time with a $4 million donation to a charity ran by the extremely popular TV show host Ellen Degeneres. The donation was announced on her show by the actor Ashton Kutcher, who is part of a venture capital firm called A-Grade Investments.
The three featured coins should appreciation in price over the next few weeks. All three coins are available on Binance, which is regarded by many as the best cryptocurrency exchange out there.
The Binance Coin (BNB) has just gained more utility, as users who hold more than 500 BNB will now receive double the commission (40%) from referring new users to platform. After the announcement, the coin quickly spiked from $13 to $16, but has since cooled down slightly.
The first cryptocurrency ranking to come from a government source has arrived from an unexpected source - China. As expected, the ranking includes some decisions which will make cryptocurrency enthusiasts scratch their heads.
While EOS is often called the "Ethereum Killer", the creator of Ethereum, Vitalik Buterin, recently showed a gesture of good will with a contribution to the EOS github.
With the Consensus blockchain summit taking place in New York from May 14 to 16, there is expected to be an increase in market activity once the summit comes to an end. A number of projects are set to benefit from any positive sentiment that develops from the conference.
