Cryptocurrencies Market Overview - May 2, 2018

Today in the news:

Coinmarketcap.com has launched an IOS app and redesigned its interface in honor of its 5th birthday.
Peter Thiel's Founders Fund has reportedly invested in a cryptocurrency startup that aims to optimize the bulk trading of cryptocurrencies.
The details of the North and South Korea peace treaty are forever recorded on the Ethereum blockchain.
London Block Exchange announced it would support Bitcoin Cash and Ethereum Classic.
Despite all the rumors, the U.K. banking giant Barclays announced it is not planning to launch a cryptocurrency trading desk.
And more crypto news below...

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Latest Crypto News - May 2, 2018

Bitcoin Cash gets a boost after being added to a London exchange

Bitcoin cash was up more than 7%, outpacing other major cryptocurrencies, Wednesday morning after London Block Exchange said it would support trading of the fourth-largest cryptocurrency.

_{Read more: www.businessinsider.com}

More sources:

Peter Thiel’s Founders Fund Looks to Bring Big Investors to Cryptocurrencies

Peter Thiel’s Founders Fund is wagering that institutional investors will soon make a splash in cryptoassets.
_{Read more: www.ccn.com}

More sources:

Peter Thiel Fund Moves to Ease Trades for Big Crypto Investors

A Rebranded CoinMarketCap Launches IOS App In Honor Of Its 5th Birthday

CoinMarketCap.com, the highly popular crypto price tracker, has released an IOS app in honor of its 5th birthday.
_{Read more: cointelegraph.com}

More sources:

CoinMarketCap Celebrates 5th Birthday

South Korean Central Bank: Crypto And Blockchain To Provide Cash-Free Society

South Korea’s central bank, the Bank of Korea (BOK), has recently announced it is considering cryptocurrencies and blockchain applications for its project for a “cashless society,” local news TokenPost reports.
_{Read more: cointelegraph.com}

BMW, Ford, GM: World's Largest Automakers Form Blockchain Coalition

Four of the world's largest carmakers have joined tech providers and startups to form the biggest-ever consortium focused on applying blockchain tech in the automotive sector.
_{Read more: www.coindesk.com}

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Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.
_{Read more: news.bitcoin.com}

Coinbase to Open Chicago Office & Offer Block Trading to Institutional Clients

Cryptocurrency industry giant Coinbase is preparing to open an office in Chicago and add support for block trading in a bid to attract more institutional clients to GDAX, its professional trading platform.
_{Read more: www.ccn.com}

Historic Korean Peace Declaration Recorded on Ethereum Blockchain

The historic moment when leaders from South and North Korea met on April 27 and signed an agreement for peace between the two nations has now been permanently recorded on the ethereum blockchain.
_{Read more: www.coindesk.com}

More sources:

The Future of Bitcoin: What Lightning Could Look Like

After years of conceptualization and development, the first Lightning implementations are now in beta. As a result, more nodes are appearing online every day, a growing number of users are opening channels with one another, and some merchants even started to accept Lightning payments.
_{Read more: bitcoinmagazine.com}

Barclays’ CEO Refutes Rumors The Bank Is Opening Crypto Trading Desk

Barclays’ CEO Jes Staley has refuted recent rumours that the UK bank will be opening a cryptocurrency trading desk, UK media platform Financial News reported May 1.
_{Read more: cointelegraph.com}