The week is over, as is Consensus 2018 and NYC Blockchain Week, so there is a lot to reflect on. Without further adieu, here is this week’s trending crypto news!
Trending Crypto News | May 14 – May 18
Monday was the first main day of Consensus 2018, and it was there Ripple (XRP) announced its brand new initiative, deemed the Xpring project.
Excited to announce Xpring, a new initiative that supports businesses growing on the XRP Ledger, and initial investments in @SB_Projects, @blockchaincap, @Coil_ and @omni. Together, we will grow the #InternetofValue! https://t.co/Vx7cBrnz3D
— Ripple (@Ripple) May 14, 2018
Further, Monday also saw announcements like OKEx surpassing Binance as the top crypto exchange, and various Deloitte veterans announcing that they are rolling out a tokenized exchange.
For starters, Ripple hosted its XRP Community Night at Consensus 2018 Tuesday night. Additionally, Tuesday also saw announcements regarding Stellar (XLM). Specifically, IBM and Veridium announced that it will be using Stellar’s public blockchain for tokens.
— Annaliese Milano (@AnnalieseMilano) May 15, 2018
Also disclosed on Tuesday were the following announcements:
– Amazon Web Services announced that it partnered with ConsenSys
– eToro Expanding Trading to the United States
Similar to Tuesday, coins on the crypto markets were a sea of red Wednesday. Bitcoin Cash (BCH) was down, so was Bitcoin (BTC).
As for trending crypto news, Wednesday saw announcements like Brian Kelly starting a Blockchain ETF with REX Shares, and the SEC launching a fake initial coin offering website. Why? To educate the masses.
Thank you @BKBrianKelly and @NYSE! We are excited to launch $BKC in partnership with you. Press release announcing launch can be found here: https://t.co/sWR1j3uYPz #Crypto #Blockchain #Equity #ETF https://t.co/V8JQLQuLtN pic.twitter.com/42uxcgnZeV
— REX Shares (@REXShares) May 16, 2018
Coins were back in the green Thursday. It was a fairly quiet day, with Consensus 2018 ending. However, there were a few bits of trending crypto news that surfaced Thursday. Some of the top crypto announcements included:
– Civic Rolling out a Decentralized Blockchain ID System
— Changelly.com (@Changelly_team) May 16, 2018
It’s another slow day on the market, with most coins in the red again. That said, there is some trending crypto news. For instance, it was announced that Switzerland is calling for a study on state cryptocurrency.
Switzerland's government has requested a study on a potential state-backed digital currency.
Money will be 100% digital within 5 years 🚀
— Pomp 🌪 (@APompliano) May 18, 2018
The Trending Crypto News Takeaway
Did you have a favorite piece of trending crypto news? Did I miss anything crucial from this week? Let me know.
Featured Image: Depositphotos/© zephyr18