🗞 Daily Crypto News, May, 5th💰

in #cryptocurrency6 years ago (edited)

  • Code Is Law - But It's Not the Only Law for Blockchains ;
  • Bitcoin in Brief Saturday ;
  • PwC Purchases Stake In Blockchain-Service Provider VeChain, Will Integrate Platform ;
  • Hyperloop TT Envisions A Transportation System Made ‘Frictionless’ By Blockchain Technology ;
  • Top Ten Surprising US States for Cryptocurrency ;
  • Pro-BTC Wall St Analyst Urges Not To Buy Crypto Now, Despite Recent Rally ;
  • 📑 Daily Crypto Calendar, May, 5th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Code Is Law - But It's Not the Only Law for Blockchains

Primavera De Filippi is a permanent researcher at the CERSA/CNRS/Université Paris II, a faculty associate at the Berkman-Klein Center for Internet & Society at Harvard Law School, the "alchemist" for DAOstack and a co-author of "Blockchain and the Law."

A blockchain network is a complex system that involves a variety of actors that cannot be trusted. Its protocol is designed to ensure that every actor has an incentive to cooperate and that the costs of defection are higher than the potential gains.

Read more & Source: https://www.coindesk.com/code-law-not-law-blockchains/

Bitcoin in Brief Saturday

Today has seen the price of BTC rally to test $10,000 USD amid the bullish response to the increasing institutional presence in the cryptocurrency markets. In other trading news, fee-free exchange Cobinhood has announced the introduction of trading pairs for the ninth largest cryptocurrency by market capitalization, IOTA. In international news, Russian cryptocurrency Youtuber Pavel Makushin has been found dead in his apartment. The CEO of cybersecurity firm, Fireeye, has also discussed the challenges posed by cryptocurrencies in an interview today.

Read more & Source: https://news.bitcoin.com/bitcoin-brief-bulls-test-10000-russian-crypto-millionaire-found-dead-cobinhood-launches-iota-trading/

🗞 PwC Purchases Stake In Blockchain-Service Provider VeChain, Will Integrate Platform

PricewaterhouseCoopers (PwC), a multinational audit and consultancy firm, has acquired a minority stake ‎in Chinese startup VeChain, according to a press release May 4. VeChain Global Technology Holding Limited is a blockchain service provider specializing in anti-counterfeiting, supply chain management, and the Internet of Things (IoT).

Read more & Source: https://cointelegraph.com/news/pwc-purchases-stake-in-blockchain-service-provider-vechain-will-integrate-platform

🗞 Hyperloop TT Envisions A Transportation System Made ‘Frictionless’ By Blockchain Technology

In August 2013, the aerospace firm SpaceX released a paper describing a new mode of transportation, the hyperloop.

Lauding the technology as a "fast and inexpensive" way to move "people and goods," the document presents a vision for an enclosed tube in which vehicles can travel "at over 700 mph." The vehicles moving through these tubes would rest on "a cushion of air" similar to those that cover the surfaces of air hockey tables except that, in this configuration, the vehicle rather than the tube would be generating the cushion.

Read more & Source: https://www.ethnews.com/hyperloop-tt-envisions-a-transportation-system-made-frictionless-by-blockchain-technology

🗞 Top Ten Surprising US States for Cryptocurrency

Reward Expert used Google Trends traffic data for keywords such as Litecoin, Ripple, Ethereum, Bitcoin, and cryptocurrency in an effort to gauge US states interest levels for cryptocurrency during a three month period this year. The company then determined a weighted average and ranked US states by interest and usage.

Read more & Source: https://news.bitcoin.com/top-ten-surprising-us-states-for-cryptocurrency/

🗞 Pro-BTC Wall St Analyst Urges Not To Buy Crypto Now, Despite Recent Rally

“A lot of people [are] asking [whether] now [is] the right time to buy, and the short answer is no, for two fundamental reasons. The first is we’re not seeing a lot of incremental engagement from people interested in buying Bitcoin for the first time, and like any new technology you need new adopters to come in to make it more valuable. And in terms of Google searches, they are way down from the peaks back in December and January, [by] 85 to 90 percent…

Read more & Source: https://cointelegraph.com/news/pro-btc-wall-st-analyst-urges-not-to-buy-crypto-now-despite-recent-rally

Daily Crypto Calendar, April, May, 5th

  • Infinity Economics (XIN)

XIN smart contracts system launch at block 695640.

  • Hydrogen (HYDRO)

"We will have a few partnerships announced this week."

  • Stratis (STRAT)

Stratis is sponsoring Blockhack.de on May 5th & 6th. Mahesh Chand will be at the University of Delaware on behalf of Stratis.

  • BitShares (BTS), DECENT (DCT), GXChain (GXS), GXShares (GXS)

Graphene DEVCON is a leading conference for Graphene blockchain developers and marketing practitioners from all over the world.

  • Switcheo (SWH)

"CEO of SWH, Jack Yeu, will be at  Ritz Carton in Shanghai/ China —as part of Asia tour with partner company, Open Platform."

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-may-5th

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 :

We are still stucked in the middle of these 2 lines and we are not able to take a direction. The more we are staying there, the more powerfull will be the Break Out. I don't have any doubt about it, the unknown information is the direction that it will take. As my title is saying, patience dear traders and wait the direction to take the continuity.

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