⁠Visa Files Patent Application For Digital Currency

Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain.

​​Bitcoin miners revenue goes down to the Covid crash of March 12 level.

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

⁠Bitcoin Bears Say These 5 Metrics Will Stop BTC From Reclaiming $10K

The price of Bitcoin risks a continued downtrend as five metrics indicate higher chances of a short-term long squeeze.

⁠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.

⁠Reality Check: Bloomberg Is NOT Giving Out BTC on Youtube

Scammers impersonating Michael Bloomberg BTC giveaway on YouTube want your Bitcoins.

​​Daily Bitcoin chart review 📈

Target zone at 9200-9250 support hit on the same day of forecast. Almost 7% wick down and bounce back. BTC holds above 9500 SR, and from that location we can expect the following continuations. Drop below may take it to the same targets mentioned yesterday. Stay above leaves a chance for another bullish impulse to test 9800 and higher with breakout target 10550. The way chart look at the moment I prefer to stick to bearish scenario - and since 9200 already tested, this opens the way to 8900.

​​Daily Bitcoin chart review 📈

As expected, after BTC failed to hold for 9600 SR, price went down and bounced from ~9100. Chart shows signs of slowing down the fall, but that can be only a first ladder of two steps retracement. So stay cautious.

I would say next target would be 9600 if it wasn't hit yesterday. So if pump, should get higher to liquidate stops. If go down, should get below previous wick, which takes us either to 9150 or lower to 8900.

May 14th post: If 9960 was the top for that impulse, pullback targets ~9250 / 8900.

​​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.

⁠Public or Private Blockchains: Salesforce Exec Sparks Community Debate

Public blockchains came under the attack of Salesforce exec, and EY and VeChain stepped up to explain how businesses are using them.

​​HEX.win price did 116x in 129 days!🚀M⬣⬣N
Look at how the https://twitter.com/hashtag/Bitcoin?src=hash claims increased the Big Pay Day. Day 145: 183,042,010,029 HEX. Day 166: 183,461,119,455 HEX.

​​BTCUSD Update

The ascending channel is holding and I'm expecting the price will reach the top of the channel once again, the next move up will take us at 10500, on the other hand break down support line (at 8,500) of the channel would pretty bad, tracking closely and will make updates just in case📈

​​#ENJ

Price Holding 100 MA on 4Hr. Chart
Very Good Accumulation Zone
Should Go for a Nice Ride from Here

Buy Zones: 1650 - 1690 Satoshi
2nd Zone: 1530 - 1550 Satoshi

Targeting: 1780 - 1850 - 1895 - 1944 - 2094 - 2200 - 2800+

#ENJ Performs Very Well in Bull Market
Do HodL a Small Bag of #ENJ

STOP at - 7% Below Buy Zone

​​CryptoKitties Launches Artist Series Inspired by Blockchain Ecosystem

CryptoKitties is excited to launch the Artist Series collection, which is influenced by the creative aspects of the blockchain ecosystem. The very first set features four CryptoKitties by Momo Wang. Wang is a globally acclaimed illustrator from Beijing.

Wang is the creator of the world-famous character Tuzki. Tuzki is a basic character design of a bunny inspired by line drawing. The character is widely recognized in China and used in text messages as a sticker. The Tuzki sticker is widely used on Facebook and WeChat, and approximately 40M stickers are sent daily.

The characters created by Wang features cats that are inspired by DADA costumes for the ballet. Each of these characters holds the legitimate take on the inherited look of the CryptoKitty. The second character’s look will be revealing something very different from previous character designs. The first CryptoKitty designed by Wang, Catterina, is a limited edition character created for a particular time period worth $100. Catterina is available only on Nifty Gateway.

The earning from the sale will be contributed to Feeding America and Food Banks Canada to extend a helping hand to the affected communities due to the COVID-19 outbreak.

To increase the collection through propagation, two exceptional Momo Wang Kitties characters are reserved as Fancies to satisfy the user’s desire. One of these Kitty characters can be a perfect pairing partner for Catterina. The very first Momo Wang Fancy will be available from May 23, 2020, for a limited period of time.

⁠PlusToken Scammer Implicated in China’s Second Ten-Figure Crypto Ponzi

Local police have busted Wotoken, China’s second ten-figure crypto Ponzi.

​​#WAVES

Very Major Buy Volume Detected
┌#WAVES - Buying activity
├4.56 BTC traded in 15 min

Breakout Alert in 4hr. Time Frame
Looks Bullish
HodL a Small Bag

Buy Zone:
1st Buy 1100 - 1142
2nd Buy 1020 - 1050 Satoshi

Targeting: 1180 - 1230 - 1275 - 1350 - 1500 - 1700+
Last Target for HodLers of ALT SzN

​​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.

​​As US Pumps Trillions Into Economy, Bitcoin Price Likely to Be Affected

The U.S. is printing dollars and slashing interest rates to help the people, but will it affect the crypto market?