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Hodler’s Digest, May 20–26: Top Stories, Price Movements, Quotes and FUD of the Week

Published 05/26/2019, 03:05 PM
Updated 05/26/2019, 03:22 PM
Hodler’s Digest, May 20–26: Top Stories, Price Movements, Quotes and FUD of the Week

Copyright Registrations Do Not Recognize Craig Wright as Satoshi NakamotoAlthough self-proclaimed Satoshi Nakamoto Craig Wright, an Australian computer scientist, filed United States copyright registrations for the bitcoin white paper and the bitcoin (BTC) source code, that does not mean that the U.S. Copyright Office recognized Wright as Nakamoto. A spokesperson for Wright had told the Financial Times (FT) this week that the office was the first government agency to recognize Wright as the creator of the leading digital currency, a claim that has been met with skepticism by the cryptocurrency community. However, the office told the FT that it does not investigate whether there is a connection between a claimant and a pseudonymous author, and that registering the source code does not protect the intellectual property of bitcoin as an invention.

USD Stablecoins Hit Spot Trading Volume Record Highs, With USDT Still Dominating MarketCryptocurrency research firm Diar reported this week that the market capitalization for USD stablecoins has hit all-time highs, exceeding $4 billion. The data shows specifically that stablecoins have a market cap of around $4.3 billion, revealing a surge in USD stablecoin trading volumes in regard to the USDC’s 130% uptick between April and May, as well as TrustToken's TrueUSD $3.8 billion in volume in May. Controversial stablecoin tether still remains in the lead, the report notes, with trading volumes this year to date exceeding $1.3 trillion — already $200 million higher than the whole of 2018. However, Diar additionally states in the report that the overall broad use case of stablecoins has been slow to gain traction.

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Tether Says It Invested Some of Its Reserves Into Bitcoin and Other AssetsUS SEC Postpones Verdict on VanEck ETF Application, AgainUS Telecoms Giant ATNYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to ConsolidateTwo Miners Purportedly Execute 51% Attack on Bitcoin Cash BlockchainUK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last YearEuropol Shuts Down $200 Million Crypto Mixing Service BestmixerSEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?Insured Cryptocurrency Custody Services and Their Potential Impact: The Key to Institutional Investment Growth?Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major AnnouncementContinue Reading on Coin Telegraph

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