Today we have some really awesome segments to share with you from the Daily Token Review to four crazy news items on the cryptosphere! So to give you a quick intro to everything.
Now once again guys we have a very very cool giveaway to share with you. We will be giving $70 dollars every week from now on. All you need to do is subscribe, like and leave your comment. We will announce who the winner is every Saturday. We will draw a video and then draw a winner from the video. So if you’re really keen to win, if you like and comment in 5 different videos, your chances of winning are 5x. This week will be giving Cardano, so Good Luck to you all!
Now moving on to CoinMarketCap. Bitcoin has increased by 2.91 percent, but Ethereum has actually shot up to 19.88 percent, almost hit 20 percent guys, that’s pretty insane. And XRP on third place with mighty gains of 8.02 percent. We’ve had a Bull run earlier this year but this time these gains are seriously crazy! But wait until you guys see the top 20. As you guys see here we once again have everyone in the double digits special mentions to Bitcoin SV increasing by 19.13 percent, Ethereum Classic by 24.17 percent, and NEO with a 19.51 percent boost.
Now let’s look to the news! eBay has denied rumors that it has now joined the cryptocurrency movement, despite dropping crypto integration hints via its billboard ads at the Consensus summit in New York City. “Virtual Currency. It’s happening on eBay,” reads one of eBay’s billboards. Commenting on the matter, an eBay spokesperson stated that: “Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy.” It’s worth noting that a good number of merchants and stores across the globe recently joined the crypto bandwagon, including the likes of Whole Foods Markets, Barnes & Noble and Bed & Beyond, to mention a few.
Now, moving onto the second news piece. Eric Voorhees has made it clear that bitcoin is more than just a super volatile digital money. In an interview with Bloomberg, Voorhees stated categorically that bitcoin’s constant price fluctuations and bubbles pave the way for it to establish itself as a viable medium of exchange. Hate it or love it, cryptoassets are fast revolutionizing the world of finance, thanks to their promise of providing users’ with a borderless, superfast and cost-efficient payment option.
And thirdly, the much-anticipated bitcoin cash hard fork went live on May 15 as scheduled, amidst bugs and frictions. Specifically, the upgrade was activated on block 582680, but the network suddenly came to a halt, failing to produce new blocks for nearly half an hour. Though ABC developers are now working on the issue, Reddit user, Ferriesta Patronum has stated that “though no [bitcoin cash] coins were in danger, the bug highlighted “the need for a more distributed codebase.”
Now moving on, Cryptocurrency exchange Binance will resume trading activity after undergoing a security upgrade following last week’s 7,000 BTC. According to a tweet from Binance’s CEO Changpeng Zhao, as of May 15, 2019, orders can be canceled while “trading, placing new orders & deposits resumes in 30 min or so.”During the security upgrade at 03:00 UTC, Binance released a support message noting that all services will be suspended during this time.
And finally, the last news item for today! Brendan Blumer, the Block.one CEO mentioned exclusively to the publication that “Last June, Block.one delivered the world’s most performance Blockchain Protocol, EOS; this June, we’re focused on delivering safety, alignment, and decentralization to mainstream personal infrastructure that is completely broken today.” Ali Ayyash noted that b1 will announce something not EOSio related rather some government related updates, and Nathan James added, I estimate a way to finally fly using umbrellas.
So what are your thoughts on this situation?
What are your thoughts on eBay’s bitcoin adoption denial?
Do you think that it is strong enough to kill the raging bull?
What do u think about Eric Voorhees comments concerning bitcoin use cases? And how do you see the bug on the bitcoin cash network?
Are you happy that Binance is back? And what do you think the June 1st announcement will be?
Once again guys, please make sure you like the video, subscribe, and share with me what you think down below! And if you do, you could actually $70 worth of Cardano this week.
It’s Cindy with CryptoPig, I’ll see you guys around!
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