BitDigest May 27 · Issue #666
- Bitcoin holding at <$9,000 as crypto market seems to have temporarily settled post Halving
- Argentina targeting crypto trading to help control flow of currency out of country
- Lithuania expanding blockchain to include non-financial government applications
Technical Roundup Analysis
Technical Roundup believes the weekly chart is bearish with bitcoin falling below $9600, but is viewing daily pricing still intact with current testing support ($8600 support, $10000 resistance). Higher time frames are suggesting a test of $8000 but daily support at $8600 is the immediate barrier for price. A drop below $8600 would confirm the weekly range materializing as positioning for a bearish market .
Popcorn and a (Crypto) Movie
If you are like me and your self-imposed-quarantine period has allowed you to work through all the major Hollywood releases on Netflix, you may have discovered there are numerous documentary films available on bitcoin.
Here are three new films that come highly recommended. Unfortunately all of them require a minimal payment, but they cost less than a typical movie and popcorn and they can be watched from the safety of your home.
CryptopiaFilm (Web)(Trailer) Join the award-winning filmmakers (Bitcoin: The End of Money As We Know It) as they deep dive into the crypto ecosystem and blockchain technology to discover the work behind the “crypto utopia”: the good, the bad and the ugly of this movement and the people behind it.
Banking on Africa – The Bitcoin Revolution (Amazon Prime) (Trailer) This documentary follows the journey of Bitcoin pioneers as the continent seeks to leverage cryptocurrency to leapfrog standing world economic powers.
Crypto Rush (Vimeo) (Trailer) The story of a Russian woman who accidentally invested in a cryptocurrency mining farm and investigates the history-making hype surrounding Bitcoin.
The Headlines
Argentina Tightens Control on Crypto Transactions
Bank of Lithuania to Expand Blockchain for Non-Financial Applications
Novi is New Name of Calibra
Tencent to Invest $70 billion in New Technology Infrastructure
Bitwage Launches Bitcoin 401(k)
Polkadot Mainnet is Live
BitFlyer announced 2019 Performance
CoinShares Launches Gold / Crypto Index
Market Data
Tether Makes Top-3 Coins by Marketcap
Tether Transactions Reached a New All-Time-High for Daily Transactions
10% of Remittance From US to Mexico Moving Through XRP
Exchange, Custody and Product News
Bitfury Introduces New Institutional Offering
ErisX Offering Enhanced Block Trading Capabilities
Thoughts on the Ecosystem
Bitcoin's a "Top Candidate to Advance in 2020"
Reports you may have missed
Tether Outlines New Organizational Structure, Aptos Partners with Microsoft, Brevan Howard, and SK Telecom
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