The Dood Report - Wednesday, June 5, 2019
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 pulled up a 1 day for todays chart. It looks like support is holding around $7600 and we're facing a little resistance around $7940. If we fall below current support levels things could real ugly real quick. A retracement to $7200 would be likely and from there we could fall back into the mid 6000s.
I for one will be much more optimistic if we rest above the $7940 level of resistance turned support. From there we could see a restoration of positive market sentiment and additional upward momentum.
The Days Headlines
EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime https://cointelegraph.com/news/eu-malta-needs-to-improve-readiness-to-respond-to-cryptocurrency-crime
Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance https://www.coindesk.com/japans-crypto-traders-may-face-closer-scrutiny-over-tax-avoidance
Kodak Reveals New Blockchain-Based Document Management System https://cointelegraph.com/news/kodak-reveals-new-blockchain-based-document-management-system
New Crypto Project Exit Scams, Founder Moves To Bali and Pictures Everything https://www.investinblockchain.com/new-crypto-project-exit-scams-founder-moves-to-bali-and-pictures-everything/
What is Hyperledger?
https://coinrivet.com/what-is-hyperledger/
Microsoft announces VeriSol: Ethereum smart contract verification https://cryptoslate.com/microsoft-verisol-smart-contract-verification-ethereum/
Apple and Microsoft Pushes Bitcoin Adoption, Adds ? Symbol in New Updates https://bitcoinexchangeguide.com/apple-and-microsoft-pushes-bitcoin-adoption-adds-%e2%82%bf-symbol-in-new-updates/
NEO Launches dBFT 2.0 Consensus Mechanism On Mainnet, One Step Closer To NEO 3.0 Upgrade https://bitcoinexchangeguide.com/neo-launches-dbft-2-0-consensus-mechanism-on-mainnet-one-step-closer-to-neo-3-0-upgrade/
Apple has announced its CryptoKit, a fast and secure Swift API to perform cryptographic operations. The details are to be revealed today at the Worldwide Developers Conference. https://www.coinspeaker.com/apple-cryptokit-ios-13-cryptocurrency-wallets/
Mark Karpeles: Bitcoin Security Tech Needs an Update https://www.coindesk.com/mark-karpeles-why-bitcoins-security-tech-needs-an-update
SEC’s Hester Peirce Urges the Crypto Community to Guide Them: “Come In and Hold our Hands” https://bitcoinexchangeguide.com/secs-hester-pierce-urges-the-crypto-community-to-guide-them-come-in-and-hold-our-hands/
There's 100 Unclaimed Bitcoin Cash Wallets Hidden Worldwide https://news.bitcoin.com/theres-100-unclaimed-bitcoin-cash-wallets-hidden-worldwide/
Top 4 Reasons why Monero's CLSAG is a Pretty big Deal - The Merkle Hash https://nulltx.com/top-4-reasons-why-moneros-clsag-is-a-pretty-big-deal/
Who’s worth watching from Binance Labs’ 13 new startups https://decrypt.co/7339/whos-worth-watching-from-binance-labs-13-new-startups
Binance to Reportedly Introduce Its Own Stablecoins ‘Within Two Months’ https://cointelegraph.com/news/binance-to-reportedly-introduce-its-own-stablecoins-within-two-months
Tron’s [TRX] ecosystem blooms as DApps and recent developments make waves - https://ambcrypto.com/trons-trx-ecosystem-blooms-as-dapps-and-recent-developments-make-waves/
PSA
Zcash holders are being urged to upgrade and there’s $15 million at stake https://decrypt.co/7303/zcash-holders-urged-upgrade
Steemit
Crypto Capitalize on Trade War Cracks & Big Tech Facing Antitrust Takedown — Steemit https://steemit.com/dtube/@rt-international/um7hcjz3
9 Easy Way To Lose Your Cryptocurrency — Steemit https://steemit.com/busy/@chesatochi/9-easy-way-to-lose-your-cryptocurrency
My First Post On PAL....And Some Thoughts! — Steemit https://steemit.com/palnet/@jongolson/my-first-post-on-pal-and-some-thoughts
Crypto Noobs vs Hodlers — Steemit https://steemit.com/dtube/@dollarvigilante/m9f2gobg
Sensible Promotion: https://www.PALnet.io promotes posts in a reasonable way! — Steemit https://steemit.com/palnet/@aggroed/sensible-promotion-https-www-palnet-io-promotes-posts-in-a-reasonable-way
Thanks for reading and happy trading!
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Thank you very much for sharing excellent reports on cryptocurrency rates
Posted using Partiko Android
thank you for sharing your report