ALTCOIN NEWS​

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OKEx unveils TRON [TRX] futures trading featuring on the exchange platform

As per the news, the Malta-based cryptocurrency exchange platform announced the launch of TRON [TRX] futures trading scheduled for 8:00 [CET, UTC+1] on 20th May. As per reports, the exchange clarified that the expiry period is set weekly, bi-weekly and quarterly while further adding that the possible leverage of futures should not exceed beyond 20x. The tool purportedly will be based on TRX/BTC trading pair data taken from OKEx, Huobi and Binance exchange, as reported by Coinspeaker.

Stellar_trade_halt-min

Stellar [XLM] node outrage rendered transactions frozen for two hours

On 15th May, Stellar’s blockchain network purportedly froze on confirming transactions for around 110 minutes. As per news, the cause of frozen transaction was linked to a purported mass offlining of the Stellar Development Foundation [SDF] nodes. Further to the report, XLM witnessed significant volatility around that time, however, the token was seen to recover with a surge of 23 per cent, which is reportedly its best performance since early December of 2018, reported Cointelegraph.

IOTA_booms-min

IOTA [MIOTA] surges by 46% since May low to rank 16th on CoinMarketCap

As per CoinMarketCap [CMC], IOTA has furthered its gains by 6.89 per cent in the 24-hour timeframe, bringing its current price above the $0.38 level at press time. As per reports, the Tangled-based coin has pumped by a total of 45 per cent since its May 2019 low of $0.2590. However, the project holding $1.07 billion in market cap is purportedly closing in on 15th and 14th position holders viz Tezos [XTZ] and BitcoinSV [BSV] with $1.09 and $1.11 billion market cap respectively, reported InvestInBlockchain.

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Litecoin Foundation’s partnering with Travala.com to allow savings of 40% on bookings

As per news, Litecoin [LTC] Foundation has reportedly signed a strategic partnership with blockchain-based hotel booking platform Travala.com. As per reports, the initiative is purportedly believed to accelerate the use of crypto payments on the platform, which in return would boost the digital economy’s development as a whole. Further to the report, the partnership aims at providing users with an option to save 40 per cent on hotel booking via Travala.com and Litecoin’s LoafWallet, reported Coinspeaker.

Ethereum_pushing_forward-min

Ethereum [ETH] treading a rosier path following Musk, Microsoft and futures market incidents

Ethereum has received commendable response from Markets following the increased attention on the number one altcoin, purportedly resulting in ETH price to surge by 17.5 per cent. As per news, its ten-day surge began with Elon Musk’s one word tweet on 29th April, followed by a surge from $153.48 to $180.39 between 25th April to 8th May. Furthermore, the No.2 cryptocurrency was welcomed by futures regulators and shortly after was integrated on Microsoft Azure, reported CCN.

🔗CCN
Ethereum_moving_to_PoS-min

Ethereum [ETH] soon to abandon Bitcoin-styled Proof-of-Work [PoW] mining

Ethereum is soon to migrate from Proof-of-Work mining to a purportedly long-in-development alternative system called Proof-of-Stake [PoS]. As per reports, the forthcoming version of Ethereum reportedly dubbed as “Ethereum 2.0” would see positive returns on their investments but not much. However, with factors like hardware, electricity and other additional overhead costs of running a validator on Ethereum 2.0 would result in a net yield of 0.80 per cent which under the old issuance schedule would have been -1.87, assuming ether prices at $160, reported CoinDesk.

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Ethereum [ETH] experiences a liftoff after insider confirms CFTC’ approval for futures contract

A United States Commodity Futures Trading Commission [CFTC] official, unwilling to disclose his identity, purportedly stated in a conversation with CoinDesk that the regulatory body is willing to green-light an Ethereum futures contract. As per reports, the official purportedly stated that the regulators look at each application to meet its criteria, with no reason for it to not be approved if it does. Following the release, the Ether prices witnessed a significant surge, hovering around $178 at press time, reported InvestInBlockchain.

ATOM_DASH_top_performers-min

Top performing cryptocurrencies: Atom [ATOM] and Dash [DASH]

As per the news, ATOM/USD pair has witnessed a sharp recovery with prices close to the 38.20 per cent Fibonacci retracement of the recent fall. However, a rally above the aforementioned resistance could purportedly push the coin to a 50 per cent retracement level, with its price around $5.9139. Furthermore, DASH reflects an improved mining hashrate from 3.2385 on 19th April to 3.8957 petahashes on 2nd May, reported Cointelegraph.

Elon_Musk_trolling_crypto-min

Tesla’s Elon Musk nudges Ethereum [ETH], prices go from red to reflecting green

As per Twitter, Musk was purportedly caught having fun with crypto Twitter when he single-handedly swayed the whole of crypto community to his thread with a one-word tweet. As per reports, the Tesla CEO reportedly tweeted “Ethereum”, after which the number one altcoin started to move up reflecting green. However, Musk followed it up with another tweet, “jk” though it was too late as the responses came pouring at the thread ranging from cheers to reminders of him being on the SEC’s speed-dial, reported CCN.

🔗CCN
moving_to_mainnet-min

Zilliqa [ZIL] swaps ERC-20 for native blockchain tokens, token-swaps exclusively on exchanges including Koinex

As per the news, post a series of mainnet testing since its launch in January, Zilliqa is reportedly going live with their token swap from ERC-20 to its native blockchain tokens. As per reports, Binance has purportedly concluded their first round of swaps with their second round yet in line for disclosure. Meanwhile, the communications manager, Aparna Narayanan purportedly told users that the swap is furthermore underway at Huobi, OkEx, Koinex and KuCoin, as reported by BTCManager.

TRX_futures_trading-min

OKEx unveils TRON [TRX] futures trading featuring on the exchange platform

As per the news, the Malta-based cryptocurrency exchange platform announced the launch of TRON [TRX] futures trading scheduled for 8:00 [CET, UTC+1] on 20th May. As per reports, the exchange clarified that the expiry period is set weekly, bi-weekly and quarterly while further adding that the possible leverage of futures should not exceed beyond 20x. The tool purportedly will be based on TRX/BTC trading pair data taken from OKEx, Huobi and Binance exchange, as reported by Coinspeaker.

Stellar_trade_halt-min

Stellar [XLM] node outrage rendered transactions frozen for two hours

On 15th May, Stellar’s blockchain network purportedly froze on confirming transactions for around 110 minutes. As per news, the cause of frozen transaction was linked to a purported mass offlining of the Stellar Development Foundation [SDF] nodes. Further to the report, XLM witnessed significant volatility around that time, however, the token was seen to recover with a surge of 23 per cent, which is reportedly its best performance since early December of 2018, reported Cointelegraph.

IOTA_booms-min

IOTA [MIOTA] surges by 46% since May low to rank 16th on CoinMarketCap

As per CoinMarketCap [CMC], IOTA has furthered its gains by 6.89 per cent in the 24-hour timeframe, bringing its current price above the $0.38 level at press time. As per reports, the Tangled-based coin has pumped by a total of 45 per cent since its May 2019 low of $0.2590. However, the project holding $1.07 billion in market cap is purportedly closing in on 15th and 14th position holders viz Tezos [XTZ] and BitcoinSV [BSV] with $1.09 and $1.11 billion market cap respectively, reported InvestInBlockchain.

Travala.com_integrates_LTC-min

Litecoin Foundation’s partnering with Travala.com to allow savings of 40% on bookings

As per news, Litecoin [LTC] Foundation has reportedly signed a strategic partnership with blockchain-based hotel booking platform Travala.com. As per reports, the initiative is purportedly believed to accelerate the use of crypto payments on the platform, which in return would boost the digital economy’s development as a whole. Further to the report, the partnership aims at providing users with an option to save 40 per cent on hotel booking via Travala.com and Litecoin’s LoafWallet, reported Coinspeaker.

Ethereum_pushing_forward-min

Ethereum [ETH] treading a rosier path following Musk, Microsoft and futures market incidents

Ethereum has received commendable response from Markets following the increased attention on the number one altcoin, purportedly resulting in ETH price to surge by 17.5 per cent. As per news, its ten-day surge began with Elon Musk’s one word tweet on 29th April, followed by a surge from $153.48 to $180.39 between 25th April to 8th May. Furthermore, the No.2 cryptocurrency was welcomed by futures regulators and shortly after was integrated on Microsoft Azure, reported CCN.

🔗CCN
Ethereum_moving_to_PoS-min

Ethereum [ETH] soon to abandon Bitcoin-styled Proof-of-Work [PoW] mining

Ethereum is soon to migrate from Proof-of-Work mining to a purportedly long-in-development alternative system called Proof-of-Stake [PoS]. As per reports, the forthcoming version of Ethereum reportedly dubbed as “Ethereum 2.0” would see positive returns on their investments but not much. However, with factors like hardware, electricity and other additional overhead costs of running a validator on Ethereum 2.0 would result in a net yield of 0.80 per cent which under the old issuance schedule would have been -1.87, assuming ether prices at $160, reported CoinDesk.

ETH_surges_futures_confirmation-min

Ethereum [ETH] experiences a liftoff after insider confirms CFTC’ approval for futures contract

A United States Commodity Futures Trading Commission [CFTC] official, unwilling to disclose his identity, purportedly stated in a conversation with CoinDesk that the regulatory body is willing to green-light an Ethereum futures contract. As per reports, the official purportedly stated that the regulators look at each application to meet its criteria, with no reason for it to not be approved if it does. Following the release, the Ether prices witnessed a significant surge, hovering around $178 at press time, reported InvestInBlockchain.

ATOM_DASH_top_performers-min

Top performing cryptocurrencies: Atom [ATOM] and Dash [DASH]

As per the news, ATOM/USD pair has witnessed a sharp recovery with prices close to the 38.20 per cent Fibonacci retracement of the recent fall. However, a rally above the aforementioned resistance could purportedly push the coin to a 50 per cent retracement level, with its price around $5.9139. Furthermore, DASH reflects an improved mining hashrate from 3.2385 on 19th April to 3.8957 petahashes on 2nd May, reported Cointelegraph.

Elon_Musk_trolling_crypto-min

Tesla’s Elon Musk nudges Ethereum [ETH], prices go from red to reflecting green

As per Twitter, Musk was purportedly caught having fun with crypto Twitter when he single-handedly swayed the whole of crypto community to his thread with a one-word tweet. As per reports, the Tesla CEO reportedly tweeted “Ethereum”, after which the number one altcoin started to move up reflecting green. However, Musk followed it up with another tweet, “jk” though it was too late as the responses came pouring at the thread ranging from cheers to reminders of him being on the SEC’s speed-dial, reported CCN.

🔗CCN
moving_to_mainnet-min

Zilliqa [ZIL] swaps ERC-20 for native blockchain tokens, token-swaps exclusively on exchanges including Koinex

As per the news, post a series of mainnet testing since its launch in January, Zilliqa is reportedly going live with their token swap from ERC-20 to its native blockchain tokens. As per reports, Binance has purportedly concluded their first round of swaps with their second round yet in line for disclosure. Meanwhile, the communications manager, Aparna Narayanan purportedly told users that the swap is furthermore underway at Huobi, OkEx, Koinex and KuCoin, as reported by BTCManager.

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