Atari to Release Cryptocurrency Token, Partner With Litecoin – May 20

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$9,771

Bitcoin price has ranged in the high $9,000s for yet another day in a row, as traders continue to eagerly await Bitcoin’s next big move.

Top-20 altcoins have had a generally positive day of trading, as Ethereum and XRP inch upwards by just under 1% each, while Tezos, Cardano and Chainlink each rise 5-6%.

Top Stories for May 20, 2020 🔥

👉 Atari to Release Cryptocurrency Token, Partner With Litecoin

Video game company Atari have announced plans to launch their very own cryptocurrency token in September of this year, as well as a partnership with the Litecoin foundation.

The Atari token will be used to track digital assets in its gaming ecosystem, as well as pay for buy-ins in their Atari Casino.

Atari’s partnership with Litecoin will enable purchases of both their Atari token, as well as receive a discount on its upcoming VCS game console. Litecoin is also expected to be used across the Atari ecosystem in the future.

👉 Upcoming STEEM Hard-Fork Will Seize $5M of Coins from Steemit Users

A hard-fork planned for the STEEM network will see $5 million worth of STEEM seized from former Steemit witnesses, in a move approved by witnesses currently in control of the network.

The move appears to be another power-grab by Justin Sun, who purchased the Steemit dApp earlier this year. The purchase included a large supply of STEEM coins, which Sun has used to influence decision-making on the network.

👉 Crypto Travel Projects and TravelByBit Merge

Cryptocurrency travel companies and TravelByBit have merged into a single platform, enabling users to book both flights and accommodation with crypto.

Both of the projects are backed by Binance. The merged platform will provide loyalty rewards paid out in Travala’s AVA token, including a 2% AVA rebate on hotel bookings.