State of the Crypto Market May 31st 2018 - A short summary

in #crypto6 years ago (edited)

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Hi Everyone,
This will be my first official blog talking about cryptocurrencies. I really appreciated everyones welcome to the site and I hope to share a lot of useful information related to the blockchain and crypto community as a whole.

There are some big news that came out the past day or so for example the SEC has filed a suit against Titanium ICO for fraudulent claims. Apparently they claimed partnerships with big companies such as Walt Disney and Paypal. Other news from Asia showed a softening stand from Korea as they plan to introduce a proper regulatory environment for ICOs and blockchain companies. China had some negative social media activity that was politically motivated after a historical political leader was misrepresented causing a FUD in the market as people feared government backlash.

Overall, I see a good outlook in Korea and thats enough for me. Koreans really bring the spirit to the Krypto market. China has some challenges as there is government leadership that is very pro regulation and control to maintain order. We will see how this pans out, it may actually be an accelerator for Blockchain as people run for safety outside the Great Wall of China.

Now finally, I am a big fan of lists! So below is a short list of Crypto currency projects that had big announcements and some which I think will be competing to be the infrastructure of choice as many companies look to implement blockchain in their businesses and startups.

  1. EOS - had the launch of their mainnet blockchain. EOS tockens get converted after the launch. This might impact Etherium as EOS tokens will no longer be on Etherium.
  2. Cardano - launched a testnet as well as growing PR announcement on their progress globally.
  3. Litecoin - Will be included in Goldman Sacs backed exchange and trading. Litecoin was also recently added to Gemini Exchange.
  4. Tron - Recent news of their launch of a testnet and many community features and plenty of PR.
  5. ETN - Electroneum - launching an update to their blockchain.

Special mentions of blockchain projects that I think have a big potential.

  1. Achain - from China - big protocal with Chinas leading blockchain developers. A blockchain that forks into many blockchains.
  2. Wave blockchain
  3. Zero X - Decentralized platform.
  4. POLY - introducing derivative trading into crypto
  5. Zilliqa - Promising a fast blockchain - Fast moving startup with smart leadership.
  6. NEO

Thanks guys for reading, in this blog post. I just mentioned a few projects that I find promising obviously this does not mean they will be successful and this does not mean you should go out buying their coins. Do your own research before making investments.

Now I would be happy to hear from you guys what you think about these mentions and others blockchain protocols that I may have missed. I mostly focused on scalable blockchains that have a promising future in competing with AWS and other similar services in Finance or Wallstreet.


Below are links and other useful things that I could share in my posts. I hope these don't affect community standards :)

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—————————--------—---—-----————USEFUL CRYPTO WEBSITES----------------------------------------
1- BitcoinTalk
2- CoinDesk
3- CoinMarketCap
4- Cyber Fund
5- BitcoinWisdom
6 – Tradingview
7 – Token Market
8 – Coin Market Cal
9 – CoinLib

Read more here: CRYPTOPOTATO

———————————————————————DONATIONS ARE WELCOME——————————————————————
Donations will go along way to fund different efforts to share information to as many people as possible globally. I believe this is good for everyone on the Crypto community!

BITCOIN Address :142yWXfTLZwDQJVvr5PqUKfLtZFooZxCbN
ETHERIUM Address : 0x97D6b8E6dA237caCBEa468fD66097b6f7660F1e1
BITCOIN Cash Addres: qp8g3q9l7fh65myk23yxup2n2jufhhyksgn42hel7t
LITECOIN Address: LhZ7zMb921GBL1jaLy4i3sxYJF88QFADVD
Dash Address: XnDYmv9PQZd15dvMsv2suRyo8Nk4LJWijK
ELECTRONEUM Address: etnk73H2jmrHqf68cZouf1hqHuJnirpXnEP2PzB45p5pipMgYb8g1ciMRL37Lb3ShVF1dygYNeUxFXy3Bq9U2oUr5jFVBUDJXA

———————————————————-------------LEGAL DISCLAIMER----------------------------------------------------

DISCLAIMER: The content of this Posting/Blog is intended to convey general information only. I do not provide provide legal, investment, tax, etc advice. You should not treat any information on this web posting as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, etc. I strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. I do not accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from Steem/twitter or other postings.

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