Top Crypto News | May 7


top crypto news

The second week of May is over, and a lot went down. Especially in the crypto industry. There’s some stuff the crypto community will want to reflect on over the weekend; so, here is this week’s top crypto news. 

Top Crypto News | May 7 – May 11 


The crypto markets started out on Monday as a sea of red. Dash (DASH), Ethereum (ETH), and Decred (DCR) were all down. So were Cardano (ADA), Tron (TRX), and Litecoin (LTC).

Monday saw announcements like Circle adding Monero (XMR) to its investment app, Microsoft revealing new blockchain tools, and Stephen Curry pairing up with CryptoKitties. 


On Tuesday, coins were up and down. Monero (XMR) found itself in the red, while IOTA (MIOTA) shot up.

The top crypto news that came out of Tuesday was that Congress had a meeting that day to discuss the potential of blockchain. It was also announced on Tuesday that Oracle will be launching a blockchain platform later in May. 


Coins were up and down again on Wednesday, with the likes of Ethereum (ETH) and Stellar (XLM) in the green. Coins such as Ripple (XRP) and EOS found themselves in the red zone.

On Wednesday, the top crypto news was made up of the following announcements: the Bloomberg Galaxy Crypto Index was launched, the Winklevoss Brothers won their crypto exchange patent, and Facebook is reportedly looking at blockchain. 


On Thursday, alternative coins made waves. Altcoins like Bitcoin Diamond and Skycoin (SKY) soared, while more well-known coins like Bitcoin Cash (BCH) and Dash (DASH) also found themselves in the green. 

Thursday saw announcements like KODAKCoin announcing that it will commence fundraising next month, and the Bank of America CTO call out Bitcoin as a payment. The CTO said the cryptocurrency as a form of payment is “troubling.” It is not surprising comments like these became top crypto news. 


The crypto markets are a sea of red today. All of the top-ten coins by market cap are in the red zone, such as Bitcoin Cash (BCH) and IOTA (MIOTA)

The day isn’t over, but that doesn’t mean there isn’t already top crypto news from Friday. Today, we have seen Crypto Facilities announce that it will launch Ethereum futures later today. Additionally, reports have surfaced that two lawyers created their own law firm dedicated solely to blockchain. 

The Takeaway

Do you have a favorite announcement from this week? Anything you were surprised to see happen?

Featured Image: Depositphotos/© mdkhalil1

If You Liked This Article Click To Share

Source link

Ledger Nano S - The secure hardware wallet


  1. hey there and thank you for your info ? I’ve certainly picked up
    something new from right here. I did however expertise some technical issues
    using this web site, since I experienced to reload the web site many times
    previous to I could get it to load properly.
    I had been wondering if your web hosting is OK?
    Not that I’m complaining, but slow loading instances times will often affect your placement in google and could damage your
    high-quality score if advertising and marketing with
    Adwords. Well I’m adding this RSS to my e-mail and could look out for a lot more of your respective intriguing content.
    Make sure you update this again very soon.

  2. Thanks so much for giving my family an update on this issue on your web-site.
    Please realise that if a brand-new post becomes available
    or if any variations occur about the current article, I would consider reading
    a lot more and knowing how to make good using of those techniques you talk about.
    Thanks for your time and consideration of other individuals by making this site available.

  3. Great article and right to the point. I don’t know if this is
    really the best place to ask but do you guys have
    any thoughts on where to get some professional writers?

    Thank you 🙂


Please enter your comment!
Please enter your name here