​​#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?

​​You've asked for "sunny boy" coin chart update. Well, it look like shit. Almost like Justin's smile reverted backwards. If price will fall below 153 next will be 142 and 135 support. Don't touch it until it grow above 160 and test it for support from the other side.

⁠Blockchain as One of the Goals of Digital Government Strategy in Brazil

Advantages and challenges in the usage of blockchain in digital services provided by governments: Overview with a close look at Brazil.

⁠Cyprus Hospital to Deploy DLT-Based Medical Data Management

A hospital in Cyprus will soon deploy a blockchain-based medical data management system built by VeChain.

​​Ethereum chart update 📈

ETH bounced from support zone we marked as target back on May 6th and breakout that descending trendline. First resistance on the way at 21818 was easily broken, but till price haven't closed candle above, still open as an important level attracting price back. Waiting for other targets to be hit.

If fail to grow above 22000, Ethereum may form a consolidation channel between ~20700 and 22000. In this case buy longs from 20700-21050 support zone.

May 14th post: ...seems that 20400 is coming next. So far early to go long. Not until 21050 become support.

May 9th post: Might drop to 20700-20400-20000. But seem to be very close to bounce.

​​Keep an eye on DOCK. Low cost coin, so rather risky, but if it manage to close above 63, good chances for trend reversal.

​​Chat chart request 💬

HIVE against USDT chart we were talking about in chat. That latest pump hit 3225 resistance and pulled back. That is second attempt. If bounce above , good chances it will make another attempt and third time it can be successful. Not yet a bullish chart, but the one worth monitoring.

​​Buy OAX on pullback to 360 - 355 - 350. Next test of 380 resistance should be successful.

Targets for breakout: 400 - 410 - 422
@CryptoWorldTina

​​BitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission.

​​$PERL looking really good - broke out the falling wedge to the upside, hovering over the Ichi Cloud and the 50-EMA.

​​Ethereum is basically following Bitcoin in this case, however some lagged📈

​​Binance Adds Harmony (ONE) to Customizable Locked Savings

​​XMR so beautiful

buy zone 6100-6460-6800

Targets 7640 - 8000 mid term
@CryptoWorldTina

​​OGN looking good for another test and breakout📈

⁠XRP TipBot Rescued From Dutch Regulations Through Partnership With Uphold

XRP TipBot has avoided closure due to the Netherlands' strict implementation of AMLD5 via a partnership with Uphold.

⁠Bitcoin Block Generation Speed Falls to 2017 Lows

Only 95 blocks were generated on the Bitcoin blockchain on Sunday due to the recent halving, an analyst argues.

⁠Free TON Launches First Contests to Distribute Tokens Among Contributors

Free TON launches first community contests, planning to distribute thousands of TON Crystals among winners and participants.