Today I have a lot of interesting and cool stuff to go through with you today! So let’s quickly go over what we’re going to be discussing together.
Let me announce the winner of the $10 Stellar draw yesterday. And guys, the winner of the $10 Stellar draw is, Gilbert Moreno. Now Gilbert Moreo, can you please comment in this video and reach out to us, we will be delighted to give you the $10 in Stellar tokens.
Now, to announce the giveaway for today. You can go in the draw to win $10 worth of TRON tokens. So once again, please like, comment, and subscribe to go in the draw to win $10 in Tron.
Now moving onto the market. It’s a bit of a red market today with pretty big declines and decreases across the board. Bitcoin has fallen by 4.15%, Ethereum by 7.79% and XRP declining by 6.18%. If we hop back to the list, you can see that Bitcoin Cash has fallen by 9.49% and Bitcoin SV has dropped significantly by 17.74%. Now moving onto the top 20, you can see here similar trends across the board. While everyone else is in the reds. Cosmos is however in the green, increasing by 14.25%.
Let’s move onto the news! First up, Coinbase listing opens EOS to millions of retail investors. Now according to CryptoSlate, it looks like the next token on Coinbase’s list of tokens to add is EOS, which will be on its retail platform and mobile apps. Coinbase is a very big cryptocurrency exchange. They had 27.9 million visitors in April with an estimated 25 million users in the first quarter of 2019.
Moving onto our second news item for today. We know that Facebook is looking to launch its Project Libra – Facebook’s cryptocurrency token. While Facebook hasn’t announced any plans publicly to the media, there are a lot of details scattered here and there concerning its new token.
Now in December 2018, Bloomberg reported that Facebook wanted to build a stablecoin. It wasn’t so clear what was to happen moving forward but at the time, it was believed that Facebook was thinking of a WhatsApp-centered product, focused on India.
Fast forward to February 2019, Cheddar stated that Facebook acquired a British blockchain company called Chainspace. Cheddar reported that the acquisition was more of an acquihire. Facebook had also been acquiring talent with a number of blockchain job postings in early 2019.
In April 2019, Mark Zuckerberg did reveal at the company’s annual F8 Event for developers that “I believe it should be as easy to send money to someone as it is to send a photo.”
And finally, fast forward to now, the rumors about Facebook looking for funding for Project Libra quickly entered our lives again when Nathaniel Popper a New York Times reporter sent out a tweet. Wall Street Journal even substantiated the claim in early May and said that Facebook is meeting with companies like Western Union and Visa. Then it was discovered that Facebook had registered a company in Switzerland called Libra Networks with Facebook Global Holdings as its stakeholder.
So what do you guys think of all this?
First up, EOS and their listing on Coinbase? Are you excited and keen to more of the masses adopt EOS?
And what about the timeline regarding Facebook’s stablecoin? What are your thoughts on it? And will this coin just help Facebook grow into the bigger tech giant than it is today?
Let me know what you guys think in the comments below!
Please, like, subscribe, and comment to go into the draw to win $10 worth on TRON tokens.