🗞 Daily Crypto News, May, 23rd💰

in #cryptocurrency6 years ago

  • Huobi Pro Launches New Crypto Market Index ;
  • MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network ;
  • CFTC Offers Guidance Around Listing Cryptocurrency Derivatives ;
  • Bitcoin Pizza Day: 8 Years Later – Where Can You Buy Pizza With Bitcoin? ;
  • Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain ;
  • 📑 Daily Crypto Calendar, May, 23rd💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Huobi Pro Launches New Crypto Market Index

The Huobi main force index will track 10 different digital assets traded against tether (USDT), a dollar-pegged cryptocurrency, on its platform in real time, according to a press release.

"Assets will be ranked according to their turnover, and top assets of each category will be selected as index samples. After samples are selected, the sample weight will be calculated based on the daily average trading volume of the previous quarter."

Read more & Source: https://www.coindesk.com/huobi-pro-launches-new-crypto-market-index/

MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

Revealed to CoinDesk last week, the prestigious U.S. university has been quietly demoing an experimental use case for bitcoin's lightning network, one that showcases how it might be combined with smart contracts to not only handle millions of transactions, but do so with a greater degree of complexity.

Modeled within the school's Digital Currency Initiative, started in 2015 as a way to further R&D on cryptocurrencies, the test envisions a system wherein transactions would take place automatically in the case of defined external events, based on say today's weather or the current price of U.S. dollars.
Read more & Source: https://www.coindesk.com/mit-testing-smart-contract-powered-bitcoin-lightning-network/

🗞 CFTC Offers Guidance Around Listing Cryptocurrency Derivatives

On May 21, the US Commodity Futures Trading Commission (CFTC) issued new guidelines for financial institutions planning to offer cryptocurrency derivatives (i.e., financial products that go up or down in value depending on changes in cryptocurrency prices).

Read more & Source: https://www.ethnews.com/cftc-offers-guidance-around-listing-cryptocurrency-derivatives

🗞 Bitcoin Pizza Day: 8 Years Later – Where Can You Buy Pizza With Bitcoin?

Bitcoin Pizza Day is celebrated annually by the Bitcoin and cryptocurrency community - marking an important, yet comical milestone for the virtual currency.

8 years ago, a user paid for two pizzas using Bitcoin, in what is hailed as the first ever instance that the cryptocurrency was used to pay for goods.

Read more & Source: https://cointelegraph.com/news/bitcoin-pizza-day-8-years-later-where-can-you-buy-pizza-with-bitcoin

🗞 Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain

Several major global banks have successfully completed a cross-border payment pilot test using Thai bank Krungsri’s (Bank of Ayudhya) Blockchain Interledger, according to a press release May 22.

The pilot, conducted in the Bank of Thailand’s (BOT) regulatory sandbox, was executed by Japan’s Mitsubishi Group, their banking unit MUFG Bank, and the Standard Chartered Singapore bank.

Read more & Source: https://cointelegraph.com/news/mitsubishi-mufg-conduct-successful-pilot-payment-with-major-thai-banks-blockchain

Daily Crypto Calendar, April, May, 23rd

  • SunContract (SNC)

SunContract will be announcing a very important, strategic partnership with a top industry leader.

  • eBoost (EBST)

"Alaris airdrop is scheduled for May 23rd 2018"

  • Zilliqa (ZIL)

Zilliqa will be sharing more of their progress with partners onboard and a preview of their new smart contract language, Scilla.

  • Qtum (QTUM)

"The Qtum X86 Virtual Machine Launch event will be held on May 23rd in Seoul, Korea. "

  • EOS (EOS)

EOS delisted. Recovery of remaining balance not possible after deadline.

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-may-22nd

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 :

It was nice today to see than even with the correction on the BTC, the STEEM was one of the rare altcoins to increase a little bit. I'm talking about some percents but it is always nice to have. However, we can see clearly that all our moves of the last days are included in the same canal and it looks very hard to go outside of it. This kind of consolidation finishes most of the time by creating a very nice Break Out. When we see how the STEEM moved today, it is not impossible to have a nice UP Break Out but as for every Break Out it is impossible to be sure at 100% of the direction that it will take.

Trading Platform with High Volume & Low Fees : Binance

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