Visa has filed a patent application to create digital currency on a centralized computer using blockchain technology.

https://www.forbes.com/sites/jasonbrett/2020/05/14/visa-submits-patent-application-for-digital-dollar-using-blockchain

⁠Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout

The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally.

​​Negative Interest Rates Give BTC an Opportunity to Shine, Report Claims

Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report.

⁠Bitcoin May Thrive Despite Coronavirus

One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye.

​​Surprise CryptoKitties Drop Overwhelms Winklevoss-Backed Exchange

Two years after CryptoKitties ‘broke Ethereum’ and the launch of a new CryptoKitty token has overwhelmed the Winklevoss-backed NFT exchange Nifty

​​Coach cross Friday night.📈

​​Investor interest in bitcoin options listed on the Chicago Mercantile Exchange (CME) peaked to record highs in the days after the recent halving event.

⁠Realistic Ethereum 2.0 Multi-Client Testnet 'Targeting for June

An Ethereum 2.0 developer call reveals that the Schlesi testnet was successful enough to hope for a more official multi-client testnet in June based on 0.12 specs.

⁠Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners

An amended complaint accuses Nvidia of misrepresenting over $1B in sales to downplay the firm’s reliance on sales to crypto miners.

​​Fantom prices hit 59 sat, it is up by 31% from the entry!

Will see a correction short term as demand dries up, and if the local support at 51/52 region holds, it likely continue to rise, losing that support level will result in revisiting major support at 41/42 sat again.

​​Buying $FET here.

​​Pine64 Drops BitPay Before First Bitcoin Payment Over Twitter ‘Outcry’

The latest revolt against the controversial BitPay appears to result in open-source competitor BTCPay getting its business.

⁠NBA Star Wants Fans to Buy His Contract for $24.6M… Because Bitcoin?

Spencer Dinwiddie has launched a crowdfunding campaign in a bid to sell his NBA contract to his fans for the cash equivalent of 2,625.8 BTC.

​​Chat chart request 💬

LTO still falling. Recent volume pumps give a hope whales are getting inside and once ready start to push the coin. But its impossible to say, how fast they will do it.

​​For ETH, a zoom in of the possible top formation. Can see it looks like an H&S, but it's way too big to be a reliable H&S, but think the neckline is clear though. Think if it breaks, it should drop like an immediate 5/6$, touching at least 190/92. If it drops slow, then could be a small bear trap instead.

If the trendline and/or the red zone breaks, we could move up again. So both options still possible here.

​​5 reasons why day traders should keep an eye on Binance trading competitions. Comparing trading competition announcement effect on the price.

⁠Web3 Foundation Holds Off on 100x Polkadot Redenomination

The Web3 Foundation is holding off on its plan to redenominate Polkadot’s DOT tokens following a non-binding community referendum.

​​FTX Launches Futures Contracts on Bitcoin Hashrate

In what is likely to be the first such offering in the world, a crypto derivatives exchange has announced the launch of a new futures market that represents hashrate, or the computational power, of the Bitcoin (BTC) network.

Announced today by Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, the new product drew mixed reactions from the community, with some hailing it as a “great for miners,” and others suggesting it is another unnecessary trading product.

Regardless of how useful the new futures contracts may be for regular retail traders, it may certainly offer some benefits for miners as they seek to hedge risks associated with fluctuating hashrate on the network.

According to FTX’s contract specifications, their new hashrate futures “expire to the average BTC mining difficulty over a period of time,” meaning that they “roughly represent” the total hashpower used on the Bitcoin network. For example, the BTC-HASH-2020Q3 contract “settles to the average difficulty of bitcoin blocks mined during 2020 Q3,” divided by 1 trillion, the exchange said.

The idea of adding hashrate futures was first raised by FTX in a blog post in August last year, where Bankman-Fried said that they “are looking into hashrate, BTC dominance, and commodity futures” for listing on the exchange.

The bitcoin hashrate has risen fairly consistently over the past 12 months, but took a marked hit in March and dropped again after the third Bitcoin mining reward halving on May 11. However, it seems that hashrate has started moving up today again.

In either case, as reported, it might take weeks until we have a clear picture of the Bitcoin network after the halving.

FTX, which is backed by Binance, also made headlines earlier this year when it launched a futures contract that tracks the probability of Donald Trump winning the next US presidential election. The TRUMP contract is still trading on FTX, and is currently indicating a 50.1% probability that Trump will win the election.

​​Bitcoin is forming a telegram logo.

The price is preparing for a breakout of the pattern on the both sides and the next move is expecting to be massive.

STAY SAFE!