🗞 Daily Crypto News, May, 24th💰

vlemon (76)in #cryptocurrency • 6 years ago

Experimental Voting Effort Aims to Break Ethereum Governance Gridlock ;
Coinbase Announces Launch of Coinbase Pro, Paradex Acquisition ;
Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining ;
Tom Lee Holds to $25,000 Bitcoin Price Prediction, Cites Three Supporting Factors ;
Bet vs. Buy? The ICO Market Has a Serious East-West Divide ;
📑 Daily Crypto Calendar, May, 24th💰
STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Experimental Voting Effort Aims to Break Ethereum Governance Gridlock

When people think of ethereum, they generally think also of the protocol's developer Vitalik Buterin, now - off his creation - a multi-millionaire.

No doubt, Buterin is a leader of sorts for the community, even if decision-making is somewhat decentralized. And above that, ethereum's most active developers have a significant amount of say in the direction of the technology.
Read more & Source: https://www.coindesk.com/experimental-voting-effort-aims-break-ethereum-governance-gridlock/

Coinbase Announces Launch of Coinbase Pro, Paradex Acquisition

Coinbase has announced Coinbase Pro, the new version of its trading platform GDAX, in a blog post Wednesday. The announcement comes on the same day as Coinbase’s acquisition of relay platform Paradex.

According to the Coinbase blog post, Coinbase Pro is an evolution of GDAX, which is specifically designed for individual crypto traders. Coinbase says that the new product was made specifically to suit the needs of individual traders, in addition to making the platform “easier and more intuitive.” Coinbase Pro will offer new features such as simplified deposit and withdrawal processes, in addition to letting customers take advantage of services like staking and protocol voting.

🗞 Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining

The government of India is reportedly considering levying a type of consumption tax on cryptocurrency trading and even mining. The most grievous part of this proposal is that it may also be a retroactive measure, demanding payments for past actions.

🗞 Tom Lee Holds to $25,000 Bitcoin Price Prediction, Cites Three Supporting Factors

Co-founder and Fundstrat strategist Tom Lee is holding to his prediction that Bitcoin (BTC) will reach $25,000, CNBC reports May 23. Lee identifies three key factors that make him believe the price will surge past the 2017 high.

On Wednesday, BTC dropped below $8,000 and traded around $7,500, losing most of the gains it made from mid-April to early May. With Wednesday's plunge, BTC is now down 41 percent this year. Lee believes the drop is only due to “typical crypto volatility”, and explains his bullish stance with three major factors.

🗞 Bet vs. Buy? The ICO Market Has a Serious East-West Divide

In the U.S., initial coin offerings (ICOs) are about ideas. In the Asian market, they're about returns.

"At the very beginning, the information coming from Asia to the US was very limited. We didn't know what's really going on," Zhuling Chen, co-founder of Aelf, a cloud computing startup out of Singapore, told CoinDesk.

Daily Crypto Calendar, April, May, 24th

Ethereum Classic (ETC)

ETC is hard forking in May to remove the difficulty bomb.

IOTA (MIOTA)

IOTA co-founder Dominik Schiener will be a speaker at TNW Conference in Amsterdam.

Ripple (XRP)

"You’ve been asking & we are excited to announce full support of $XRP will go live on Uphold May 24."

CampusCoin (CMPCO)

CampusCoin launches new Airdrop.

Lisk (LSK)

Andries, Eve and Bart from LiskHQ will be attending OFFF, a design focused conference in Barcelona from May 24 - 26, 2018.

Peculium (PCL)

We are excited to announce that our Chief Data Officer Abed Ajraou will be speaking at "Data Leadership Summit" in London, UK .

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

The support line at 2.85$ has been broken but we quickly came back higher than this line. So till now, we cannot consider this support line as really broken but it is a dangerous momentum. The STEEM is again impacted by the BTC drop and we have to see how the king of the crypto will move in the coming hours. Anyway, the STEEM is really reacting well these last days. Let's hope that the new drop on the BTC won't damage too much the good trend that we were starting to have on the STEEM. This support line must hold !

Trading Platform with High Volume & Low Fees : Binance

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6 years ago in #cryptocurrency by vlemon (76)

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farhan.sidiqui (66) 6 years ago

Information about the trading platform is very useful.
"Coinbase has announced Coinbase Pro, the new version of its trading platform GDAX"
Lets see what they Fetched attention-grabbing for Coinbase users.

$0.00

STEEM 0.16

TRX 0.16

JST 0.031

BTC 59214.59

ETH 2524.82

USDT 1.00

SBD 2.48