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Weekly news
🕑 Added 2020-05-06 18:08:59 +0000 UTCHello dear Patreons!
It is Wednesday and that means news day. Here are some articles we like to share with you.
With best wishes
Rose
BITCOIN
Bitcoin Halving Set to Change Everything. Or Not.
https://www.cityam.com/bitcoin-halving-set-to-change-everything-or-not/
DEFI NETWORK / CHAINLINK
Kava Teams with Chainlink to Make Defi Platforms More Stable and Secure
https://coinpedia.org/news/kava-teams-with-chainlink-makes-defi-platforms-stable
RIPPLE / XRP
Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April
https://cointelegraph.com/news/ripple-co-founder-jed-mccaleb-sold-54-million-xrp-in-april
Switzerland’s Sygnum Bank Now Supports XRP Digital Tokens via its Online Banking Platform
IRANIAN CRYPTO MINING
Iranian Authorizes Issue License for 6000-Rig Crypto Farm
https://cointelegraph.com/news/iranian-authorizes-issue-license-for-6000-rig-crypto-farm
US ECONOMY
US Treasury seeks to borrow a record $3 trillion this quarter
MUSIC
The Greatful Dead free internet archive
Although I am not a particular fan of The Greatful Dead I found this free archive by accident. So for you lovers of this music out there, here it is:
https://archive.org/details/GratefulDead
The Grateful Dead internet archive – gives you access to the recordings of hundreds of their concerts, including rehearsals. If there is an intrinsic order to this treasure trove of information, I have not been able to discover it: concerts as early as 1966 mingle freely with much later dates to provide us with a mosaic of unsuspected dimension, not only taking us all across California but across the entire US, as well as around the world, including legendary venues such as the Fillmore Theater and the Avalon Ballroom in San Francisco. There is much more: Live at Madison Square Garden, New York City, on 15 September 1990, for instance, gives us twenty-three tracks; Live at the Parc des Expositions, Paris, on 18 September 1974, boast twenty-six, entirely different tracks.
Comments
The Treasury borrowing $3 trln in 1 single quarter can only signal that the actual economic numbers must be devastating, and that the S&P 500 is a bunch of inflated, walking zombies...
Despite the current BTC pump, I remain sceptical, too. LTC remained almost static. Intuition tells me sth fishy is going on...
Hello dear Keith, do you mean the Greatful Dead link? Cheers, Rose
thanks for the dead link, perfect
I'm skeptical of the halving producing significant positive effects this go-around, at least to the degree it did in the past. The market dynamics are different now with a lot more derivatives and financial instruments involved. Some entities can hold sway when they wish by using exchange databases that aren't even fully backed with coins, and "stablecoins". That said, I do think it's possible for Bitcoin's dollar denominated value to rise due to other causes. Not as much due to the halving alone. Fundamentals mean nothing in this financialized fantasy-land. Sad but true.
