🗞 Daily Crypto News, May, 30th💰

• Meet Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain ;
• 80% of the Top Cryptocurrency Exchanges From 2016 Have Been Replaced ;
• South Korea: Government Committee Plans to Make ICOs Legal Again ;
• Everything Green as Price of Bitcoin Approaches $7,500 ;
• Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin ;
• Introduction to the differences between EOS & Ethereum - Part 2
• 📑 Daily Crypto Calendar, May, 30th💰
• STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Meet Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain

This was certainly the case for bitcoin and the debate about whether the world's first cryptocurrency would replace all global currencies. However, this tendency may also underly the seeming contradiction that large corporations, which typically exert centralized control over a product or service, are embracing new decentralized technologies such as blockchain and the token economy.

Kakao is a corporate giant that dominates the Korean mobile market. Its mobile messaging app Kakaotalk accounts for 94 percent of the domestic market. Based on this overwhelming market share, Kakao has successfully expanded its operations into markets such as advertising, gaming, mobile banking, taxi services and music.

Read more & Source: https://www.coindesk.com/meet-kakao-how-koreas-largest-mobile-giant-is-embracing-blockchain/

🗞 80% of the Top Cryptocurrency Exchanges From 2016 Have Been Replaced

In the fast-paced world of cryptocurrency, 2016 feels like a lifetime ago. For many of the top cryptocurrency exchanges at the time it effectively was; several have fallen by the wayside and eight out of the top ten platforms by trading volume have lost their spot. It’s not just vintage altcoins that time has been unkind to: the same holds true for many of the exchanges that once listed them.

Read more & Source: https://news.bitcoin.com/80-of-the-top-cryptocurrency-exchanges-from-2016-have-been-replaced/

🗞 South Korea: Government Committee Plans to Make ICOs Legal Again

South Korea plans to pursue the road to re-legalizing initial coin offerings (ICOs), local news media reported May 29, citing government officials.

According to Business Korea, a National Assembly committee dedicated to studying the so-called ‘Fourth Industrial Revolution’ said it would seek to enhance the legal “basis” of cryptocurrency in the country, part of which would be reversing the ICO ban which the government enacted in September 2017.

Read more & Source: https://cointelegraph.com/news/south-korea-government-committee-plans-to-make-icos-legal-again

🗞 Everything Green as Price of Bitcoin Approaches $7,500

While the second half of May has been burdened by a sustained downtrend, today’s price movements could be seen as a spark for a reversal. After reaching initials lows earlier in the day of just above US$7,000, Bitcoin saw a huge jump to above $7,400, and is continually inching higher. If things play out well, this could lead to a summer frenzy, similar to was witnessed at this time last year.

Read more & Source: https://themerkle.com/everything-green-as-price-of-bitcoin-approaches-7500/

🗞 Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin

London has enjoyed a status of a global financial hub for centuries and served as a pioneer for brand new trading options for decades. However, some fear it is now in danger of getting left behind by the hottest emerging asset class – cryptocurrency. One of the main reasons for this appears to be the dominance of the big banks over the UK economy.

Read more & Source: https://news.bitcoin.com/dominance-of-big-banks-in-uk-means-london-might-miss-the-boat-on-bitcoin/

🗞 Introduction to the differences between EOS & Ethereum - Part 2

Today we are going to look at differences in the smart contracts

Read more & Source: https://steemit.com/eos/@vlemon/introduction-to-the-differences-between-eos-and-ethereum-part-2

Daily Crypto Calendar, April, May, 30th

• Electroneum (ETN)

First major update is scheduled to take place at block 307500 which is approximately 10.30am BST on May 30th.

• Genesis Vision (GVT)

Hard fork to remove the difficulty bomb will take place at 5.9M block, which should occur on May 29.

• Electroneum (ETN)

Genesis Vision Markets release expected in May.

• NaPoleonX (NPX)

IDAX lists NPX.

• Lisk (LSK)

"The Lisk New Orleans community will be hosting its fifth Lisk meetup in New Orleans on May 30."

• MyWish (WISH) and NEO

"NEO-integration completion: 54%. Planned release date is 30th of May."

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-may-29th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As expected, the bounce on the BTC happened and it help us to stop also the drop on the STEEM. My objective is now to go back higher than 2.55$. This momentum will be important as this break will be needed to really change the current trend. If that resistance line send us back, we will have a high risk that the current correction continue.

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Trading Platform with High Volume & Low Fees : Binance

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