🗞 Daily Crypto News, May, 10th💰

• Bitcoin’s Recent Institutional Demand Is Unprecedented, Says Futures Market CEO ;
• 💰Update on the Collaborative SteemFund - 13th Week💰 ;
• Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance ;
• Bitflyer on Hiring Spree – Discusses Multiple Expansion Plans ;
• US: West Virginia Completes First Blockchain-Supported State Elections ;
• JP Morgan's New DLT Lead: We're Not Done With Blockchain Innovation ;
• 📑 Daily Crypto Calendar, May, 10th💰
• STEEM Trading Update by @cryptopassion

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

🗞 Bitcoin’s Recent Institutional Demand Is Unprecedented, Says Futures Market CEO

Paul Chou, a former Goldman Sachs executive and the founder of LedgerX, a regulated bitcoin derivatives and futures market based in the US, said that Bitcoin has been seeing unprecedented institutional interest for the first time in its history.

Chou said:

"The industry is seeing unprecedented institutional interest for the first time in Bitcoin’s history. I’ve been amazed that the strongest believers in cryptocurrency often start out the most skeptical. It’s a healthy skepticism. But at some point the perception shifts, and for many institutions — I think we’re finally there."

Read more & Source: https://themerkle.com/bitcoins-recent-institutional-demand-is-unprecedented-says-futures-market-ceo/

💰Update on the Collaborative SteemFund - 13th Week💰

Portfolio as of May, 9th

Performance of #SteemFund

I made a 4 choices Survey on Twitter than you can find here concerning the Cryptos we should sell at the moment.

Read more & Source: https://steemit.com/steemfund/@vlemon/update-on-the-collaborative-steemfund-13th-week

🗞 Ethereum Founder Responds to Charges of “Insane”, “Plutocratic” Governance

Vitalik Buterin, Ethereum’s cofounder, is increasingly finding himself target of very public rumors about his role in the project’s supposed love of secrecy. Charges of lacking transparency are equivalent to mortal sins in the cryptocurrency space. Ethereum too is particularly sensitive about accusations along these lines, especially in the ongoing light of a possible US Securities and Exchange Commission (SEC) crackdown. Mr. Buterin and his supporters are fighting back.

Read more & Source: https://news.bitcoin.com/ethereum-founder-responds-to-charges-of-insane-plutocratic-governance/

🗞 Bitflyer on Hiring Spree – Discusses Multiple Expansion Plans

Japanese exchange Bitflyer is on a hiring spree, trying to tap talent from Wall Street. The company says coders can make $100,000, and plenty of employees earn $200,000. Besides already operating in three regions, the exchange is expanding into additional countries and adding more services.

Read more & Source: https://news.bitcoin.com/bitflyer-hiring-spree-expansion-plans/

🗞 US: West Virginia Completes First Blockchain-Supported State Elections

Polls closed in West Virginia's primary election May 8, completing the first government-run, blockchain-supported vote in US history, ETHNews reported May 9. While most voters cast regular ballots, special voters in certain districts voted on a mobile blockchain-based platform.

"[The office of the Secretary believes] blockchain does provide a heightened level of security on this type of mobile voting app. We're genuinely hoping that will allow this type of a mobile app to be made available in the future – as early perhaps as our general election – to military voters."

Read more & Source: https://cointelegraph.com/news/us-west-virginia-completes-first-blockchain-supported-state-elections

🗞 JP Morgan's New DLT Lead: We're Not Done With Blockchain Innovation

Moy took over last month from Amber Baldet, one of the most prominent figures in blockchain, after she left to form an as-yet-unnamed startup. Around the same time Baldet announced her departure, word leaked out that JP Morgan was considering a spin-out of Quorum, the ethereum-based, open-source project that had been the cornerstone of the bank's blockchain work.

Read more & Source: https://www.coindesk.com/jp-morgans-new-dlt-lead-not-done-blockchain-innovation/

Daily Crypto Calendar, April, May, 10th

• Utrum (OOT)

Utrum launches their ICO on Komodo Platform.

• Qtum (QTUM)

"During the meetup we have QTUM co-founder and lead developer unveil the progress of X86 virtual machine...."

• Nexo (NEXO)

Evolution Airdrop will take place starting May 10th 2018 5:30pm UTC. The aim is to disperse tokens evenly across the EOS community.

• ClearPoll (POLL)

Announcement regarding the ClearPoll User Rewards payment structure. POLL holders are going to be in great shape on the new setup.

• Helbiz (HBZ)

HBZ listed on fourth (currently unspecified) exchange.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-may-9th

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 :

The Steem really doesn't know which direction to take. Yesterday it tested the resistance line (higher red line) and it created an immediate pull back. This pull back went to test the support line (lower red line) which created an immediate bounce.

As you can see, it becomes very hard to trade between all these lines except if you are doing scalping trades, I mean the trade of very little moves. For my part, I will wait that the market takes a direction and I will follow the trend when it will be done.

• 🗞 Daily Crypto News, May 9th💰
• 🗞 Daily Crypto News, May 8th💰
• 🗞 Daily Crypto News, May 7th💰
• 🗞 Daily Crypto News, May 6th💰

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