The Dood Report

The Days Cryptocurrency News & Headlines

Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Posted strictly as parody and personal opinion.

Bitcoin Chart

I didn't really have a chance to chart today. I spent the day setting up a new computer. Here's my quick five minute analysis.

For the most part it looks like we're hanging in there around $7880. We appear to have some support around $7700 and resistance around $8400. We could see some sideways action for a bit. We seem to be moving along the trend line, and I'll be watching that closely. The Dood's not real concerned, I'm in HODL mode. If we fall below that trend line and under the $7700 I might consider a short position depending on trade volume. I'm pretty comfortable hodling here though and seeing what direction we take by mid week.

The Days Headlines

4 Major Concerns Regarding the WhatsApp Cryptocurrency Bot https://nulltx.com/4-major-concerns-regarding-the-whatsapp-cryptocurrency-bot/

Cash, Coins and Casinos: Japan Struggles to Regulate Online Gambling https://cointelegraph.com/news/cash-coins-and-casinos-japan-struggles-to-regulate-online-gambling

JPMorgan Sees Imminent Bitcoin Price Fall https://www.newsbtc.com/2019/05/20/jpmorgan-sees-imminent-bitcoin-price-fall-why-its-unlikely-to-happen/

“This is No Time for Bitcoin ETF Hopium,” How Would a Delay or Denial Affect the BTC Price? https://bitcoinexchangeguide.com/this-is-no-time-for-bitcoin-etf-hopium-how-would-a-delay-or-denial-affect-the-btc-price/

How Hackers Steal Digital Currency from Crypto Wallets and Smart Ways to Prevent Bitcoin Theft https://bitcoinexchangeguide.com/how-hackers-steal-digital-currency-from-crypto-wallets-and-smart-ways-to-prevent-bitcoin-theft/

Cryptocurrency development updates: Lightning Network and altcoins
https://coinrivet.com/cryptocurrency-development-updates-lightning-network-and-altcoins/

SEC delays VanEck Bitcoin ETF decision days after delaying Bitwise proposed rule change - https://ambcrypto.com/sec-delays-vaneck-bitcoin-etf-decision-days-after-delaying-the-bitwise-proposed-rule-change/

Buying Bitcoin At All-Time High Was Better Than Keeping Money In Argentinian Bank, Trader Reveals https://www.cryptoglobe.com/latest/2019/05/buying-bitcoin-at-all-time-high-was-better-than-keeping-money-in-argentinian-bank-trader-reveals/

The Cryptopia Hackers Are Moving Funds Into at Least Four Wallets https://www.coindesk.com/the-cryptopia-hackers-are-moving-funds-into-at-least-four-wallets

Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization https://cointelegraph.com/news/stellars-blockchain-briefly-goes-offline-confirming-the-project-lacks-decentralization

Facebook Launches Fintech and Blockchain Firm in Switzerland https://coinidol.com/facebook-launches-firm/

Andrew Yang Big on Crypto, Suggests Yang Presidency Means Moon https://nulltx.com/andrew-yang-big-on-crypto-suggests-yang-presidency-means-moon

US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies https://cointelegraph.com/news/us-tax-authority-prioritizes-issuing-guidance-on-cryptocurrencies

Bytecoin Undergoes Long Awaited Hardfork https://cryptodaily.co.uk/2019/05/bytecoin-undergoes-long-hardfork

Coinbase Commerce Welcomes Dollar-Backed USD Coin (USDC) Stablecoin to its Platform https://bitcoinexchangeguide.com/coinbase-commerce-welcomes-dollar-backed-usd-coin-usdc-stablecoin-to-its-platform/

PSA

Intel Has A Vulnerability In Their Processors That Is “Impossible” To Fix, Says BitDefender https://bitcoinexchangeguide.com/intel-has-a-vulnerability-in-their-processors-that-is-impossible-to-fix-says-bitdefender/

Links

Free Bitcoin icons for your website or UI. https://www.reddit.com/r/Bitcoin/comments/bb8k61/bitcoin_icons_100_free/

State of the dApps. This site is like the coinmarketcap of dApps. Gives you all kinds of info on different dApps and the blockchains they run on. https://www.stateofthedapps.com

Thanks for reading and happy trading!

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