🗞 Daily Crypto News, May, 3rd💰

in #cryptocurrency6 years ago (edited)

  • Goldman Sachs to Begin Bitcoin Futures Trading Within Weeks ;
  • Interest in Cryptocurrency Derivatives Drives CFD Marketplace’s Revenues up 284% ;
  • Berkeley City Council Moves Ahead With Pilot Program For Issuing City Bonds On Blockchain ;
  • The Most Controversial Bitcoin Forks Yet Are Coming ;
  • BlackRock Investment Firm Analysts Quit To Establish $20 mln Blockchain Venture Fund ;
  • Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year ;
  • 📑 Daily Crypto Calendar, May, 3rd💰
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Goldman Sachs to Begin Bitcoin Futures Trading Within Weeks

Investment banking giant Goldman Sachs will use its own money to trade bitcoin futures on behalf of its clients, according to the New York Times.

The Times reported Wednesday that while the exact launch date of the new trading operation is not yet set, the move came after the bank's board of directors signed off on the initiative. Goldman is also set to "create its own, more flexible version of a future, known as a non-deliverable forward, which it will offer to clients," according to the report.

Read more & Source: https://www.coindesk.com/goldman-sachs-to-begin-bitcoin-futures-trading-within-weeks/

Interest in Cryptocurrency Derivatives Drives CFD Marketplace’s Revenues up 284%

Derivatives trading platform provider Plus500 posted a 284% increase in revenues in the first quarter of this year compared to the previous year, largely due to high levels of interest in its cryptocurrency CFDs offerings.

Read more & Source: https://news.bitcoin.com/cryptocurrency-derivatives-cfd-marketplaces-revenues/

🗞 Berkeley City Council Moves Ahead With Pilot Program For Issuing City Bonds On Blockchain

The city of Berkeley, California has moved forward with an initiative to apply blockchain technology to public financing to raise funds for community projects, Bloomberg reports May 2. Last night the Berkeley city council unanimously voted to ask the city manager to consider a pilot program that proposes selling municipal bonds using blockchain technology.

Read more & Source: https://cointelegraph.com/news/berkeley-city-council-moves-ahead-with-pilot-program-for-issuing-city-bonds-on-blockchain

🗞 The Most Controversial Bitcoin Forks Yet Are Coming

Bitcoin forks are invariably contentious, but the latest batch could be the most controversial yet. Bitcoin Prime and Anonymous Bitcoin have been labeled as shameless cash grabs that are little more than pump and dumps orchestrated by opportunistic developers. The projects’ architects of these schemes, naturally, have hit back.

Read more & Source: https://news.bitcoin.com/the-most-controversial-bitcoin-forks-yet-are-coming/

🗞 BlackRock Investment Firm Analysts Quit To Establish $20 mln Blockchain Venture Fund

Three analysts quit their jobs at $6.3 trln international investment giant BlackRock to found a $20 mln venture capital fund Eterna Capital, which will focus on blockchain projects, Financial News reported May 2.

“One example is the disintermediation of banks in under-banked third-world countries, so people don’t need banks to get a loan, as the money can be held on the blockchain. Or selling solar power between neighbors, rather than relying on an energy firm, is another example of how blockchain can be used for social impact.”

Read more & Source: https://cointelegraph.com/news/blackrock-investment-firm-analysts-quit-to-establish-20-mln-blockchain-venture-fund

🗞 Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year

Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum (ETH) will reach $15,000 in 2018, Fortune reports May 2.

Ohanian, who now works full-time at a venture capital (VC) firm Initialized Capital, said in an interview, “At the end of the year, Bitcoin will be at $20,000. And Ethereum will be at $15,000. Great, now people can call me out if I’m wrong.” He said that he’s bullish on ETH because “people are actually building on it.”

Read more & Source: https://cointelegraph.com/news/reddit-co-founder-says-ethereum-price-will-reach-15000-this-year

Daily Crypto Calendar, April, May, 3rd

  • Cardano (ADA)

Update to the Cardano roadmap.

  • HTKCoin (HTK)

HTKCoin is giving away 1000HTK. The winner will be chosen on May 3rd.
Rebranding of HTK coin will occur on May 3th.

  • Waves (WAVES)

WAVES will airdrop WAVES to wallets registered between Apr 25 and May 1 which fulfill the requirements.

  • BLUE (BLUE)

"Our team will be representing at Collision Conference 2018."

  • Veritaseum (VERI)

May 3rd - 6th Amsterdam, Netherlands - private consultations, public meet and greet.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-may-2nd

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As you can see, we are in the middle of 2 major lines, one is a resistance line, the other is a support line. The market is in waiting mode and I expect that we will simply follow the direction of the Bitcoin till we are able touch again one of these lines.

I don't like to trade this kind of momentum because it is really difficult to predict with good probabilities the direction that it will take. I advise you to simply wait that the market chose a direction and to follow it.

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Super exciting news. The bond on ether sound incredible. Already governments building the economy on ethereum blochain, that's huge!!! The 15.000 prediction sounds too optimistic, but if you think of all that could be build on the platform I wouldn't take it off the table. Thanks, keep up the good work.

Always a good resource to come upon. Its imteresting the price is sliding just before Goldman gets involved.

I love your post's..Keep up that good work ;) your updates are very useful. for regard, i will just say thank you.

As the time I looked at graph, I felt happy. Cause it is rising upward again.

Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto
There will be a lot of interesting!

Hello @vlemon Good post it is!!!
You can get latest news from here too. lets add it in your future article!! coinpedia.org

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