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Friendly reminder: we're not in #btc bull territory yet (RSI>60)

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Coronavirus watch, May 29:
- U.S. #COVID19 cases top 1.7 mln: JHU
- France to further ease lockdown as situation improves
- S.Korea reports 58 more cases, 11,402 in total
- Chinese mainland reports no new confirmed cases
Source:China Xinhua News

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The synthetixDAO is launching a trial to incentivise a sXAU / USDC liquidity pool on UniswapProtocol v2!
For the next four weeks, the DAO will be rewarding people providing liquidity for people to gain exposure to non-custodial gold on Ethereum!

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Google Scholar articles published mentioning Ethereum:

2013: 37
2014: 145
2015: 297
2016: 919
2017: 2,680
2018: 8,470
2019: 11,900
2020: ?

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ERC-20 tokens are approaching 50% of the total value stored on Ethereum.
Over the past two years there has been a complete transformation in how value is stored and transferred on the Ethereum blockchain.

ETH is increasingly close to being flipped on its own blockchain.
Whether or not it does will likely depend on the growth of stablecoins vs growth in the value of ETH.

Nevertheless, this transformation in value on Ethereum is not just about assets being stored.
They’re also being used to move significant amounts of value.
Driven by the growth of stablecoins, Ethereum is on pace to settle more than $530 billion this year.

As covered previously, ETH's decreasing role as a MoE may not be positive for ETH, at least in the long-term.
However, the Ethereum community well understands the need to maintain ETH’s privileged position on the Ethereum blockchain.

Furthermore, ETH's use in DeFi helps to solidify its position as Ethereum’s primary store of value.
...
More from Ryan Watkins

  • 5图

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Ethereum-based social network Minds now has 2.5 million users。 Minds is rivalling Twitter in the fight against user privacy, but seems like it may have some security concerns of its own.

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The VC chain lifecycle:

💰 “We will kill Ethereum” >
😍 “jk, we are friends” >
😠 “you guys are so mean” >
😡 “lol, Ethereum is shit” >
🏀 “where is everyone?”

-- Eric Corner

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There’s a more straightforward explanation for gold’s recent rise. Gold goes up when interest rates go down.

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5 ways AI could impact the insurance value chain.
- Matching customers to products.
- Streamlining customer interactions.
- More accurate pricing.
- “Nudging” the insured’s behaviors.
- Fighting fraud and improving claims management.
Read more here: https://medium.com/@inmediatesg/how-ai-can-change-the-insurance-industry-for-the-new-normal-adoption-1502da02388f

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The potential price impact of ETH 2.0 is way, way, way larger than that of Bitcoin halving. The % of ETH that will be locked in PoS is much more significant than the % of mining reward reduction.

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Crypto-powered browser Brave has beaten Zoom to the punch by offering free encrypted video calls

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Goldman Sachs analysts are not buying the idea that bitcoin — or any cryptocurrency — should be seen as a worthwhile investment for the firm's clients.

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Most interesting #DeFi projects from ETHGlobal's HackMoney hackathon.
Medici-The interest-earning wallet for digital cash. https://medici.finance
Pods-Hacking aTokens yield with put options on WBTC and ETH:BTC ratio. app.pods.finance/invest
Lucrum-Decentralized limit orders platform boosted by market making. https://hacker-money.github.io/dapp/
Nftfy-a dapp that provides easily securitization of NFTs, dividing NFTs on Shares and allow the collectible ownership of them, through a decentralized backing mechanism totally software guaranteed without intermediaries or special actors. https://nftfy.tk
LiquiDeFi-Democratising DeFi liquidations by pooling together funds for liquidations. https://liquidefi.now.sh
compose.fi - A didactic tool to visually connect DeFi instruments and learn about composability.
Auctus - A protocol for decentralized options.
YieldHero - a one-stop suite for managing for Aave yield. http://yieldhero.app
And many more ...

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Whatttt ?? Trump threatens action against twitter, wow...

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Check out 8 things every Eth2 validator should know before Staking if you are thinking of validating Eth2. Click here: https://medium.com/chainsafe-systems/8-things-every-eth2-validator-should-know-before-staking-94df41701487

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The Grayscale Invest Bitcoin Trust has bought 18,910 Bitcoin since the halving. However, only 12,337 Bitcoin have been mined since that date. There is rapidly growing institutional demand for Bitcoin in the United States.

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Crypto used to be where you ended up when you couldn’t make it on Wall Street. The quality of Goldman Sachs’ recent research on #Bitcoin demonstrates that there has been a talent flippening. Today, Wall Street is where you end up when you can’t make it in crypto.
--Tyler Winklevoss

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The US has passed 100,000 deaths in the coronavirus outbreak in less than four months. It has seen more fatalities than any other country, while its 1.69 million confirmed infections account for about 30% of the worldwide total. Globally there have been 5.6 million people recorded as infected and 354,983 deaths since the virus emerged in the Chinese city of Wuhan late last year.

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