🗞 Daily Crypto News, May, 6th💰

• Warren Buffett, Charlie Munger Slam Bitcoin Again, Resort To Elementary School Insults ;
• Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets ;
• Japan's Financial Watchdog Sets Out New Requirements For Crypto Exchanges ;
• EOSIO Announces Dawn 4.0 Update, Full Release Slated For June ;
• Fund Recovery Is Ethereum's "Defining Moment," Developer Kasireddy Says ;
• Here’s Why Blockchain Companies Are Moving Away from ICOs ;
• 📑 Daily Crypto Calendar, May, 6th💰
• STEEM Trading Update by @cryptopassion

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

🗞 Warren Buffett, Charlie Munger Slam Bitcoin Again, Resort To Elementary School Insults

Billionaire investor and Berkshire Hathaway’s Chairman and CEO Warren Buffett reiterated his negative stance towards cryptocurrencies at the annual meeting of his company Saturday, May 5. Buffet repeated his idea that cryptocurrencies will come to a “bad ending,” and claimed that Bitcoin (BTC) is "probably rat poison squared," according to CNBC.

In response to a question on Buffet’s view of cryptocurrencies raised by an attendee from Ukraine, the “Oracle Of Omaha” has made yet another anti-crypto statement. According to Buffet, Bitcoin is not a “productive” asset, unlike land or corporate shares. As a result, investors’ demand for it is the only price-determining factor, making digital currency a handy tool for “charlatans,” Buffet said.

Read more & Source: https://cointelegraph.com/news/warren-buffett-charlie-munger-slam-bitcoin-again-resort-to-elementary-school-insults

Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets

The BTC markets have rallied to test resistance at the $10,000 area. Despite gaining 60% in just four weeks, BTC’s recent gains have been significantly overshadowed by those produced by many top performing cryptocurrency markets, including Bitcoin Cash – which has gained more than 225% since it’s early April lows.

Read more & Source: https://news.bitcoin.com/markets-update-btc-resistance-10000-holds-recent-gains-dwarfed-alternative-markets/

🗞 Japan's Financial Watchdog Sets Out New Requirements For Crypto Exchanges

Japan’s financial watchdog, the Financial Services Agency (FSA), has laid out yet further regulatory stipulations for domestic crypto exchanges, Cointelegraph Japan reports today, May 6.

The regulator is reportedly intensifying its efforts to prevent a repeat of January’s $532 mln hack of crypto exchange Coincheck, the biggest single exchange hack in the history of the crypto ecosystem.

Read more & Source: https://cointelegraph.com/news/japans-financial-watchdog-sets-out-new-requirements-for-crypto-exchanges

🗞 EOSIO Announces Dawn 4.0 Update, Full Release Slated For June

Block.one CTO Daniel Larimer has announced the release of EOSIO Dawn 4.0, the latest version of the architecture of EOSIO platform for decentralized applications (DApps). The update includes a number of changes in preparation for the full launch of EOSIO 1.0 in June, according to Larimer’s Medium post Saturday, May 5.

Read more & Source: https://cointelegraph.com/news/eosio-announces-dawn-40-update-full-release-slated-for-june

🗞 Fund Recovery Is Ethereum's "Defining Moment," Developer Kasireddy Says

There is "no right answer" to ethereum's fund recovery debate.

The words were spoken by Preethi Kasireddy, a former partner at Andreessen Horowitz and former software engineer at Coinbase, during the ethereum community conference EDCON on May 4. As the debate rages over whether ethereum should hard fork to return funds lost on the platform, including those lost in the Parity fund freeze, Kasireddy, now the founder and CEO of blockchain startup TruStory, told the audience that now was the time for the ethereum community to define its collective values.

Read more & Source: https://www.coindesk.com/fund-recovery-ethereums-defining-moment-developer-kasireddy-says/

🗞 Here’s Why Blockchain Companies Are Moving Away from ICOs

ICOs have gotten a bad name. And given the fact that we’re constantly hearing about scams and illicit dealings, it isn’t hard to see why. Then there are the well-intentioned ideas that don’t make it to the first line of code, and the omnipresent threat of the SEC hovering like a black cloud.

Read more & Source: https://themerkle.com/heres-why-blockchain-companies-are-moving-away-from-icos/

Daily Crypto Calendar, April, May, 6th

• Electroneum (ETN)

New code will be released next week.

• Genesis Vision (GVT)

"Preparing a tournament among managers. This announcement will be at the end of the week."

• Peculium (PCL)

Developer Mohamed Amine will explain the premium version Solidus (asset management for companies) in a live-webinar / 15:00 (GMT).

• CanYaCoin (CAN)

"Create your own airdrops! Send any ERC20 tokens to multiple addresses at once with this easy-to-use tool!"

*Bitcore (BTX)

Crypto Coin Turkey (CCT) Blockchain Summit brings together blockchain experts and institutions at Instanbul University.

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 :

Look how my lines are precises and accurates !

As I'm explaining you since 2 days now, we are stucked in the middle of these 2 lines and we have to break one of them to have the start of the new trend.

We just had some hours ago a test of the support line but this one played very well its role and created a bounce. So we are still in the same situation and we have really to wait the break of one of them. Again my followers, the patience is the key !

• 🗞 Daily Crypto News, May 5th💰
• 🗞 Daily Crypto News, May 4th💰
• 🗞 Daily Crypto News, May 3rd💰
• 🗞 Daily Crypto News, May 2nd💰
• 🗞 Daily Crypto News, May 1st💰
• 🗞 Daily Crypto News, April 30th💰
• 🗞 Daily Crypto News, April 29th💰

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