CRYPTO UPDATE BY GAINS DISCUSSION

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Crypto News Summary - May 12

General News:
JPMorgan extends banking services to Bitcoin exchanges, Coinbase and Gemini first clients.
Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency.

Coin Specific News:
Largest Bitcoin (BTC) and crypto investment trust reaches $3,700,000,000 in assets under management.
Third halving turns out to be non-event for Bitcoin’s price.
Arpa Chain (Arpa) will get listed on Bithumb later this week.
Telegram abandons TON blockchain project.
Klaytn (KLAY) will get listed on Gate exchange. KLAY/USDT trading will open at GMT 04:00, May 13th.
Binance launches Binance leveraged tokens and will list BTCUP and BTCDOWN
Matic will launch its mainnet with initial validators on May 15th.
Stablecoin supply breaks $10B as traders demand dollars over Bitcoin.

Exchanges:
Binance invests in regulated Indonesian crypto exchange. Binance will also support  the JUST (JST) Airdrop program for TRON (TRX) holders.
KuCoin will host LUKSO (LYXe) initial exchange offering on May 20.

Cool tech fact:
The first concept and demonstration of heating a wire to produce light was by Ebenezer Kinnersley in 1761.

Quote of the day:
“Fear comes from the lack of knowledge and a state of ignorance. The best remedy for fear is to gain knowledge.” ― Debasish Mridha

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[kluivert]

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[syedrasool2011]

But I have doubt that whether mining is profitable in this low market price situation. So, I will invite to join koinpro exchange and trading platform. Trading is the best way to multiply your cryptocurrency.

[ShadowCrypto]

I bought some BTC for first time about a month ago, was planning to just use it to buy something. Then the price kept going up and now I've done my homework and am just am going to hodl my BTC.

[LogiC]

Crypto News Summary - May 13

General News:
Standard Chartered claims first Yuan-based letter of credit issued on a Blockchain.
India’s Government partners with a Blockchain company to help farmers.

Coin Specific News:
Bitcoin price hits $9K as data shows miner revenues fell 47% in 1 day.
Vitalik Buterin clarifies remarks on expected launch date of ETH 2.0. Ethereum long positions has also hit $300M on Bitfinex.
Matic introduced Staked as its next independent validator. Matic will also  get listed on Binance U.S. once mainnet will go live.
AWC got listed on Hoo Exchange! AWC/USDT trading pair is now available for both erc20 & bep2 tokens.
Tether emerges as popular choice among Asian, European traders; USDC follows.

Exchanges:
Bitfinex launches institutional grade custody solution.
Binance adds GXS to customizable locked savings and adds GXS/USDT trading pair. Binance has also frozen funds stolen from Upbit in late 2019.

Cool tech fact:
We only need to capture 0.02% of the Sun’s energy to meet the current energy needs of the entire planet.

Quote of the day:
"We're born alone, we live alone, we die alone. Only through our love and friendship can we create the illusion for the moment that we're not alone." —Lord Byron

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Crypto News Summary - May 15

General News:
Visa applies for digital dollar blockchain patent
$219 billion Singaporean state-owned investment firm Temasek joins Libra Association
Italian govt commits €15M to protect 'made in Italy' with Blockchain.

Coin Specific News:
Bitcoin dives over $500 In 20 minutes, liquidating $28M in BitMEX longs. Bitcoin hashrate drops a massive 36% since May 12 halving.
OmiseGo gains 35% to reach $1 In a week after announcing upcoming Coinbase Pro listing.
HEX still can't shake scam label as token approaches $1B market cap.
Bitcoin Cash shows promise of a potential 15%-45% surge.
Crypto.com rolls out Visa Card to 31 European Nations.

Exchanges:
FTX exchange launched BTC hashrate futures on May 15.
Binance Savings adds IOTA and ONT to flexible savings. Binance Pool has also launched 'mine Bitcoin to win BNB promotion'
eToro sees surge in new sign-ups, reaches 13 million registered users globally.

Cool tech fact:
French inventor Augustin Mouchot invented the first solar-powered engine in 1878.

Quote of the day:
“A man is but the product of his thoughts. What he thinks, he becomes.” ― Mahatma Gandhi

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Crypto News Summary - May 16

General News:
NBA’s Spencer Dinwiddie raising $25M in Bitcoin from fans so they can choose his next team.
Venezuela appears to have hard forked the Petro.

Coin Specific News:
Bitcoinwealth distribution suggests 'continued new user growth'.
Ethereum decoupling from Bitcoin as halving pressure sets in.
Celo got listed on Bilaxy as of May 16.
Qiwi co-founder reissues $17M TON investment as loan to Telegram.
Litecoin, Ethereum Classic continue treading uptrend as ZEC holds steady.

Exchanges:
Crypto trading network Uphold revives popular XRP payments platform.
Former Bakkt CEO hands documents to DoJ amid insider trading controversy.

Cool tech fact:
The amount of energy that the Earth absorbs from the Sun annually is 3.85 million exajoules. This means the entire energy usage worldwide in 2002 could have been captured in just one hour from the Sun

Quote of the day:
"Life isn't about waiting for the storm to pass but learning to dance in the rain" —Viviant Greene

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[LogiC]

Crypto News Summary - May 18

General News:
Austrian Bank Raiffeisen works on national digital currency pilot.

Coin Specific News:
Bitcoin demand pushes Tether below $1 for longest stretch since March.
Majority of TON investors reportedly choose to quit for 72% refund.
Ethereum just saw a key technical breakout and $230 seems imminent.
Chainlink partners with Korean tech giant, Kakao to boost Blockchain and crypto mass adoption. Chainlink will also list on Unifyre Wallet

Exchanges:
Bakkt announces new insurance coverage, claims more than 70 custody clients.
Binance registers domain name with the Chinese government.
KuCoin launched staking of its native token KCS.
Accel, Coinbase join $17M pre-seed round for institutional crypto trading firm FalconX
Uniswap V2 has been deployed on Mainnet.

Cool tech fact:
American inventor Charles Fritts invented the first solid state photovoltaic cell (solar cell) in 1883.

Quote of the day:
"Anything can be accomplished if you take responsibility for doing at least 80 percent to 90 percent of it yourself. Pass the remaining 10-20 percent of responsibility on to others and give them all the credit" — Sakamoto Ryoma

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Crypto News Summary - May 19

General News:
Turkey’s economic turmoil shows Bitcoin is a better bet than emerging markets.
Largest private investment Bank in Latin America issues real estate Tokens on Tezos.

Coin Specific News:
Miners revenue from Bitcoin fees spiked to early 2018 levels.
ETH Bulls looking exhausted at $210 despite 11% weekly increase.
Celo Foundation launches Mainnet after raising $40 million.
Keep Network (KEEP) was unofficially listed on Bilaxy as of May 19th.

Exchanges:
Binance is coming back to China as a blockchain education platform.
BlockFi says it suffered a data breach, but no customer funds were loss.
Remitano adds Nigerian Naira Wallet with instant trade feature.
Coinbase Pro expands listing with OmiseGo.
— Swiss crypto exchange, Lykke launches contest to fund tech against COVID-19.

Cool tech fact:
The first console to have an internal memory storage was the SEGA Saturn

Quote of the day:
"Ambition is living your life differently than others so you can have the life no one else has." —Angelique B

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Crypto News Summary - May 20

General News:
Bitcoin Suisse targets institutional clients with secure custody, staking for Tezos.
Iran moves to restrict crypto exchanges under ‘currency smuggling’ laws.
AT&T loses bid to dismiss $1.8m crypto theft lawsuit.

Coin Specific News:
Bitcoin forms elusive golden cross pattern as economic models forecast fresh highs.
Bitcoin’s hash rate has dropped to 81 TH/s, about a 40% drop from pre-halving highs.
Torus announced as the next Dapp partner of Matic.
Ocean Protocol has released V2 of its protocol.

Exchanges:
Deribit Bitcoin options open interest touching $1 billion for first time.
BitMax will offer Harmony (ONE) staking as of May 20 with up to 64% APR.
$40 Million in BitMEX longs wiped out as Bitcoin plunges on “Satoshi dumping” fears.

Cool tech fact:
The best-selling multi-platform video game of all time is Minecraft. It was released on November 18th, 2011 and has sold over 176 million copies.

Quote of the day:
"It is not enough to be busy. So are the ants. The question is: What are we busy about?" —Henry David Thoreau

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Crypto News Summary - May 21

General News:
France sees first successful pilot of a digital euro.
US Congress considering bill to launch massive survey on Blockchain technology.

Coin Specific News:
Ethereum skew spikes to 21% as traders' interest grows.
OmiseGO (OMG) is now available on Coinbase.
Algorand targets insurance fraud with new partnership.
Bitcoin price dropped nearly 5% after rejecting at a key resistance level again.
Aeternity Blockchain launches P2P content tipping project 'Superhero'.
Travala.com's AVA Token added to crypto payment service CoinGate.

Exchanges:
Genesis trading buys crypto custodian Vo1t in bid to become prime broker.
Coinbase Custody launches staking for Cosmos (Atom).
— $25 million in BitMEX longs wiped out as Bitcoin crashes below $9,000.

Cool tech fact:
The highest grossing video game of all time is World of Warcraft. It's generated over $10 billion dollars since it was launched.

Quote of the day:
“The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.” —Alvin Toffler

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Crypto News Summary - May 22

General News:
Global Central Banking think tank launches digital monetary institute.
HyperChain Capital to deploy $50 million into the Blockchain ecosystem.

Coin Specific News:
Ankr launches node hosting solutions for new partner IOST
Celo Gold (cGLD) is already available for trading on Bittrex and Bilaxy
COTI reported 40% increase in its network processing volume.
Chromia is now open for deposits on Poloniex
RippleNet member MoneyGram notes 18% growth in digital remittances.

Exchanges:
Bithumb will offer Terra (LUNA) staking as of May 25.
FTX Exchange launched its U.S. based trading platform.
Binance and Eosfinex join EOS DeFi Protocol to handle smart contract upgrades.

Cool tech fact:
Ten years ago today Laszlo Hanyecz did it with bitcoin. On May 22, 2010, when bitcoin was a little over a year old, he bought two pizzas for 10,000 BTC. He became  the first person to use bitcoin in a commercial transaction

Quote of the day:
"You only live once, but if you do it right, once is enough.” —Mae West

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Crypto News Summary - May 23

General News:
Crypto Healthcare project announces Telehealth exchange for remote medicine.
Goldman Sachs is inviting clients to a Bitcoin call.
Institutional investors brewing a perfect Bitcoin storm.

Coin Specific News:
Cardano, IOTA, Dash rally as alts near closing stretch in May.
Ethereum 2.0 release date set for the eleventh hour as issues persist.
— Researchers claim 99.9% of Zcash transactions are traceable.
Tether (USDT) is now the 3rd largest crypto by market-cap surpassing ripple (XRP).
— Chorus of crypto analysts predict the start of Altseason as Bitcoin consolidates around $9,000.

Exchanges:
‘Coinbase Listings’ return: 200% OmiseGo pump and dump raises eyebrows.
BitMEX may be faulty, but traders still prefer it.

Cool tech fact:
The best-selling single platform video game of all time is Wii Sports. It was released on November 19th, 2006 and has sold over 82 million copies.

Quote of the day:
"Fear, it’s the strongest human emotion bred into us for one purpose, to keep us alive. But it can also kill us, if we let it." —Quinn(Into The Badlands)

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[LogiC]

This week in Crypto- week 21

France successful piloted digital euro.
Bakkt announced new insurance coverage, claims more than 70 custody clients.
Binance registered domain name with the Chinese government.
Largest private investment Bank in Latin America issued real estate Tokens on Tezos.
Genesis trading bought crypto custodian Vo1t in bid to become prime broker.
Travala.com's AVA Token added to crypto payment service CoinGate
Global Central Banking think tank launches digital monetary institute.
FTX Exchange launched its U.S. based trading platform.
Binance and Eosfinex joined EOS DeFi Protocol to handle smart contract upgrades.

Cool tech fact:
According to Guinness World Records, the fastest person to type the alphabet, with spaces between each letter, was SK Ashraf on October 10th, 2017. He was able to complete this task in 3.37 seconds.

Quote of the day:
"The fact that you’re willing to do what it takes already makes you different from everybody else." —Angelique B

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[LogiC]

Crypto News Summary - May 25

General News:
Visa approves new DeFi-enabled crypto card in EU and UK.
China orders second-largest mining region to close 9% of Bitcoin hashrate at risk.
Switzerland denies $103 million of COVID-19 relief for crypto valley.

Coin Specific News:
TROY launches Broker SaaS platform.
DREP Payment SDK to integrate Chinese central cank’s digital currency DC/EP as one of the payment currencies.
MGM Studios brings Hollywood classics to THETA.tv powered by Theta Network
4chan rumor triggers 10,300% crypto rally in insane pump and dump.
Telegram puts final nail in GRAM's coffin after withdrawing appeal.
Digitex Futures adds Chainlink integration for unrivaled price data accuracy.

Exchanges:
Binance smart chain testnet Rialto is now live
Turkish Stablecoin receives spot listing on BTSE Exchange.

Cool tech fact:
According to Guinness World Records, the fastest person to type 1 to 50 was SK Ashraf on July 13th, 2015. He was able to complete this task in 14.88 seconds.

Quote of the day:
"Above all, don’t lie to yourself. The man who lies to himself and listens to his own lie comes to such a pass that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others."  —Fyodor Dostoyevsky

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