Spot ETH ETFs approved, crypto bill passes US House, and more: Hodler’s Digest, May 19-25

Although the altcoin market cap has declined nearly 20% over the past month, traders remain bullish, anticipating that an "explosive rally" phase is yet to come.

Retail giant Overstock has released its Q2 2019 financial results, revealing a 23% decrease in revenue and a 19% loss in gross profit.In a shareholder announcement published on Aug. 8, Overstock stated that its blockchain subsidiary firm, tZERO, is progressing as planned, with a focus on six key areas — notably security tokens.No pain no…

The company said there will be a $1,000 daily spending limit, but no personal information is required. 655 Total views 5 Total shares On Wednesday, self-custody crypto exchange Edge announced a no-Know Your Customer (KYC) debit Mastercard that can be funded with Bitcoin and other digital currencies.Without KYC verification, users would be able to spend…

Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted the total crypto market capitalization from $1.78 trillion on Feb. 3 to about $2 trillion on Feb. 6, according to data from CoinGecko.A new financial disclosure by Senator Ted Cruz shows that he bought the…

Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.”Armstrong shared his views on cryptocurrency regulation in a Dec. 20 Coinbase blog where he proposed how regulators can help “restore…

The full launch and removal of the 1 million waitlisted users come six months after Robinhood launched its beta version in September. 287 Total views 3 Total shares Own this piece of history Collect this article as an NFTTrading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users…

Newly-launched cryptocurrency exchange Beaxy has suspended trading after some users deliberately crashed the price of altcoin Ripple (XRP). XRP/BTC dips 40%According to a blog post and social media messages, beginning on Aug. 12, Beaxy experienced a sudden surge in XRP trading volumes, with a huge sell-off reducing XRP/BTC to 40% of its price on other exchanges.“As…

About 37% of the crypto community expects BTC’s hashrate to be higher 1 month after the block halving than it currently is. 464 Total views 1 Total shares About 37% of the cryptocurrency community expects Bitcoin’s (BTC) hashrate to be higher one month after the block reward halving than it currently is, according to a…

Bitcoin joins gold in rising as markets see a bigger chance of a 0.5% interest rate cut.