May 5: Top Stories, Price Movements, Quotes and FUD of the Week

Vitalik Buterin Tweets ETH Development Proposals After Elon Musk's "Ethereum" Tweet Bait.Elon Musk, tech entrepreneur and Tesla CEO, and Ethereum's co-founder Vitalik Buterin engaged in a relatively one-sided Twitter discussion this week after Musk tweeted one word: "Ethereum." In response, Buterin extended an invitation for Musk to attend Ethereum's DevCoin in October, with Musk parrying back with a question concerning future Ethereum network development.

Bakkt, the Intercontinental Exchange-lead institutional cryptocurrency trading platform, аcquired crypto custodian service Digital Asset Custody Company this week.

In an announcement of several new measures that reportedly aim to stimulate regulatory feedback, the entire DACC team will be joining Bakkt, with DACC's native support of 13 blockchains and 100+ assets designed to "Serve as an important accelerator." Bakkt also revealed in the same post this week that it has filed an application with the New York Department of Financial Services to operate as a trust company, which will enable the firm to serve as a qualified custodian for digital assets.

Iota Partners With Jaguar Land Rover on Crypto Rewards Program, Price Jumps 20%.Jaguar Land Rover, a United Kingdom car manufacturer, will use blockchain network Iota as a pilot to reward drivers with crypto in exchange for data reporting.

Bitcoin has ended the week slightly up, trading at around $5,777, ether at $163 and XRP at $0.30.

The top three altcoin gainers of the week are spectrum network, tronclassic and travelflex.

The top three altcoin losers of the week are bizkey, atomic coin and block-chain.com.

Fundstrat's Tom Lee Predicts New All-Time Highs for Crypto by 2020.Tom Lee, the founder of Fundstrat Global Advisors, predicted this week that crypto prices will hit a new historic high by 2020.

Vice's Motherboard reported this week that some users of Microsoft's email services like Outlook, Hotmail and MSN have had their cryptocurrency holdings stolen.

After bitcoin's price surge this week, Cointelegraph took some expert opinions that could explain how the top crypto hit its highest peak in about six months.