Latest Market News
Bytecoin is rarely the topic of conversation in the cryptocurrency community in recent times, but it was the talk of the town today. After the BCN token was listed on Binance, it was traded at a price that was many times higher than it was on Poloniex. Traders started rushing in to try and take advantage of the arbitrage opportunity, but the Bytecoin network experienced extreme difficulties which made arbitrage basically impossible.
Bitcoin and 0x should be on your radar this week. If BTC passes $10,000, there is little to hold the price back and a natural increase in exuberance could see the price of Bitcoin increase rapidly to around $15,000. The price of ZRX jumped from $1.12 to over $1.70 this week and might continue rally if the rumors that 0x will be one of the first coins to be chosen in the first round of ERC-20 tokens to be added to Coinbase come true.
From April 30th to May 2nd, Los Angeles hosted the Crypto Invest Summit. An event aimed at blockchain investment. One of the most awaited panels held on the last day of the summit was called “Tokens and Blockchain in Gaming”.
According to reports, there could be even more than 200 Bitcoin billionaires, since most Bitcoin owners do not just keep their crypto assets on one address. Curiosity about the identity of the richest Bitcoin holders increases every time the prices of cryptocurrencies rise.
VeChain continues to make industry connections, and it has now partnered with the Hong Kong and Singapore branches of the multinational business services giant PricewaterhouseCoopers.
The Neon exchange is one of the first decentralized exchanges aimed at supporting NEO’s NEP5 tokens, and the highly anticipated project has just released the details of the staking rewards attached to the NEX token.
Bitfinex is currently the fourth busiest cryptocurrency exchange, handling around $1.1 billion in trading volume during the last 24 hours. The exchange has now expanded its already extensive offering of digital assets by adding two very popular cryptocurrencies - Stellar (XLM) and Verge (XVG).
This week's coins to watch include two projects. One was formerly known as Oracles Network and has already achieved a 10x return for early investors. The other allows its holders to track the performance of the crypto markets top projects by holding just a single crypto asset.
Since the launch of TRON’s TestNet on March 31, we are hearing good news about the TRON project on a daily basis. The fact that TRON MainNet will be able to perform more than 10,000 Transactions per Second (TPS) is the most recent news from this project.
The TRON Foundation is conducting an airdrop to Ethereum users as a parting gift. TRON is preparing to move away from the ERC20 standard and launch its own mainnet on May 31.
