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At the recent Consensus 2018 conference, Alex Tapscott, co-author of the book “Blockchain Revolution”, presented his taxonomy of cryptoassets and explained how they can be divided into seven categories.

Cardano continues the bearish trend in the short-term. The bears continue to push the price lower as they increase their presence and pressure on the market.

The privacy-focused cryptocurrency ZenCash (ZEN) Surges over 40% after getting listed on the Binance crypto exchange.

The first sole sovereign cryptocurrency has been signed into law today as the Marshall Islands – a sovereign state and UN member – has put in place a bill to make its national legal tender its own cryptocurrency.

On the daily chart, the price of EOS fell from the high of $14 to the low of $13. The 20-day moving average and 50-day moving average are trending southward.

Price of Ripple is in a smooth downtrend. Price is making a series of lower highs and lower lows. As price pulls back from its recent low, a resistance level is created as the downtrend resumes.

On the daily chart, the price of Litecoin is falling and heading towards the critical support level at $130. The bearish outlook is confirmed by the 20-day moving average and the 50-day moving average that is trending southward.

Retail giant Walmart has filed another patent in the hopes of augmenting its digital offerings for retail product resales.

On the daily chart, the price of Ethereum is falling as a result of the resistance at $715. The asset has fallen to the low of $685.

Verge appears to have been hacked for a second time in two months – with the anonymous cryptocurrency again exploited by hackers to steal a substantial amount of XVG.

Tronix goes into consolidation in the short-term. The bulls managed to push the price up to the $0.08300 supply zones, but lost momentum and the bears took over

US-based flight aggregator CheapAir, a company that’s been accepting Bitcoin (BTC) payments since 2013, has recently revealed it’s now going to accept three other cryptocurrencies: Bitcoin Cash (BCH), Dash, and Litecoin.

Research conducted by Textio has shown that crypto jobs rise and fall in line with the value of bitcoin.

On the daily chart, the price of Bitcoin fell from the high $8,500 to $8,300. At the resistance level of $8,500, the asset was ranging and then later fell to the low of $8,300.

Last Friday, shortly after Consensus 2018 ended, Thomas Lee, co-founder of Fundstrat Global Advisors and Head of Research there, talked to CNBC’s Fast Money about his Bitcoin Misery Index.

If Consensus 2018 could be defined in one word, then it would be ‘weltschmerz;: physical reality just couldn’t satisfy the expectations of the mind. However, it’s the demands and expectations which require some adjustment.

Neo is bearish in the short-term. The loss in momentum by the bulls at the $66.00 supply area brought the bears back to the market.

Cardano is bearish in the short-term. The bears’ supremacy over the bulls was not over yet as they stage a return to the market

CNBC’s Brian Kelly says that he sees Bitcoin Cash (BCH) miners’ discussion about a proposed BCH development fund as a catalyst for the BCH price to go up.

Eight coins from the top 10 coins by 24-hour volume recorded a negative change, ranging from 2.2% to 6.7%. The LMAX Exchange announced a new cryptocurrency exchange regulated by the UK’s Financial Conduct Authority (FCA), specifically developed for institutional investors.

Chris Lee, former chief executive officer at cryptocurrency exchange OKEx, has recently joined rival exchange Huobi, according to a press release. Notably, the move comes merely one week after Lee resigned from OKEx to take a short break to spend time with his family.

The EOSUSD pair had a bearish breakout at $16 which resulted in its price falling to $13. During the week, the price of EOS dropped to a low of $12.

Tronix remains bullish in the medium-term. The strong bearish pressure that started on April 30 at the $0.10000 supply zone gradually faded away on May 12, at the $0.05900 demand area.

Last week, the price of Litecoin was fluctuating between a resistance level at $150 and a support level at $130. During the week, Litecoin attempted to break the support level at $130, but faced resistance at $129.

The LMAX Exchange, a multilateral trading firm based in London, reportedly received a number of requests from its clients who were interested in trading cryptocurrencies like Bitcoin, Ethereum, and Litecoin. In response, it decided to announce a new cryptocurrency exchange regulated by the UK’s Financial Conduct Authority (FCA), specifically developed for institutional investors.

The bulls are back in the medium-term outlook of Neo. The bears’ pressure that started on April 30 when the price was at the $94.00 supply zone came to an end on May 18 at the $56.00 demand area.

Last week, the XRPUSD pair was range bound between the levels of $0.75 and $0.65. Ripple’s price tested the support level at $0.65 for about four times without breaking it,

Last week, Ethereum was in a bearish trend. The asset traded and fell from a high of $723.67 to $678.03. I was of the opinion that if the downtrend continued and the price broke the support level at $650, Ethereum would fall to a low of $600

With the aftermath of a breakdown in talks over a US-Iranian nuclear agreement, Iran may see the return of US sanctions. An Iranian MP has reportedly proposed a joint venture for Iran and Russia to use cryptocurrencies as a workaround to any potential economic sanctions.

The BTCUSD pair had a bearish outlook throughout last week. The asset’s price was ranging from the $9,000 to the $8,000 level. It was assumed was that if the pair broke the support level at $8,000, the asset would fall lower to $7,000 or $6,685.