Cryptocurrency Week In Review 5/3/19

This article is brought to you by
TWIC 5.3

It’s a good Friday…so far. The majority of the top 100 coins are in the green, a handful of which are in double digits, which is a refreshing sight after the past few months.

As of writing, Bitcoin is up 10.35% on the week, Ethereum 9%XRP 5%, Bitcoin Cash 11%. Other big winners include Cosmos (40%), ABBC Coin (26%), Clams (22%), and CasinoCoin (38%).Cryptocurrency markets

Facebook Seeking Supporters for Its Potential Cryptocurrency Service: The Wall Street Journal reported that Facebook is currently “recruiting dozens of financial firms and online merchants to help launch a cryptocurrency-based payments system.” This is a part of a blockchain initiative Facebook’s team internally calls “Project Libra,” and it’s expected Facebook will create a stablecoin supported by fiat. With 2.38 billion monthly active users in the first quarter of 2019, Facebook is poised to make some major waves in crypto and general finance. “Payments and commerce are Facebook’s only way out from its freemium, advertisement business model,” commented Henry Liu, a former Facebook employee and managing partner of an enterprise blockchain investment firm called YGC.

$42 Million Spent in Cryptocurrency Lobbying in Q1 2019: A reported 40 entities spent a total of $42 million to lobby for bitcoin and blockchain in the United States in Q1 2019. The highest lobbying rollers were the U.S. Chamber of Commerce ($16.4 million), Ernest & Young, and Accenture. Taxing as noted as some of the top elements in cryptocurrency lobbying.

What’s New at CoinCentral?

Deconstructing #DeFi – What Does Decentralized Finance Mean for Crypto’s Future?Beyond the hype, the DeFi movement offers up some intriguing potential. It aims to create a truly decentralized financial system, one which doesn’t need the traditional banking system.

NYSE Parent Company Buys Crypto Custodian Company to Push BitcoinStifled by regulatory objections and delays, Bakkt has been forced to wait on the sidelines to be knighted as a legitimate figure.

Crypto Hacker Groups Get More Sophisticated, Exchanges and Authorities Fight BackAlthough the situation is foreboding, the authorities and cryptocurrency trading platforms are getting better at stopping cybercriminals and thwarting hacking attempts.

68% of International Millionaires Expected to Invest in Crypto by 2022: A survey by Devere Group, a Dubai-based financial consulting firm with over $10 billion in assets under advice, found that 68% of international high net worth individuals have invested or are planning to invest in crypto by the end of 2022. The threshold to qualify someone as a “high net worth individual” was set at 1 million British pounds (~$1.3M). DeVere Founder and CEO Nigel Green noted the main factors that would drive these individuals to watch cryptocurrency include that crypto is borderless, increasing digitalization, real-life solutions such as providing services for the roughly two billion unbanked people, involvement by institution investors, and acceptance by a younger generation.


Credit- Jaguar Land Rover

Jaguar Land Rover Announces IOTA Integration: On Monday, Jaguar Land Rover announced an upcoming integration of IOTA smart wallets in their Jaguar F-Pace and Range Rover Velar vehicles. This integration will allow Jaguar Land Rover vehicles to “tip” each other for various on-road actions, such as reporting accidents, ride sharing, and changing lanes. The news gave IOTA an 8% bump for the day.

This article is brought to you by



If you would like a step by step guide of how to create a Plug-N-Play Cryptocurrency portfolio built from Bitcoin, Ethereum, Litecoin and many other quality coins (some of which that pay you just to own them!), click the banner below:




Dan Watson and Arkham Industries provide an informational service only and are not responsible for any investments made applying this information. The results described are not typical and are not guarantees of future income. Any investment contains risk and is 100% the responsibility of the investor to assess the risks/rewards involved. It is possible to lose some or all of your investment. We assume no liability assumed or implied for your application of the information shared from the training programs.

I am not a financial adviser and for that reason, nothing I say or write should be taken as financial advice. This information is for informational and entertainment purposes only. I am not the owner of any of the programs mentioned on this website. I am also not connected to the presented websites in any way, shape or form. There is risk involved in trading, mining, lending, staking and investing in cryptocurrency. So any previous payments made by any website or an investment fund do not guarantee that payments will be steady and regular in the future. I am not responsible if a website does not pay out or shut down at anytime. So Join at your own risk. This information is created as per my personal experience. I do not take any responsibility for any losses that may occur. I do not give any financial advise.

Earnings and Income Disclaimer. We make every effort to ensure that we accurately represent these products and services and their potential for income. Earning and Income statements made by its’ customers and/or I are only estimates of what we think you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual. As with any business, your results may vary, and will be based on your individual capacity, business experience, expertise, and level of desire.

7 thoughts on “Cryptocurrency Week In Review 5/3/19

  1. Magnificent goods from you, man. I have take into account your stuff previous to and you
    are just too great. I really like what you’ve acquired here, really like what you are stating and the best way in which you are saying
    it. You make it enjoyable and you still take care of to stay it sensible.
    I cant wait to read much more from you. This is actually a tremendous site.

Leave a Reply

Your email address will not be published.