Daily Email 05-23-19

Coin Profits Daily

AirSwap (AST)

AirSwap is a decentralized, peer-to-peer token trading network built on the Ethereum blockchain. Buying and selling tokens on AirSwap is secure, simple, and without fees. Our mission is to empower people through global, frictionless trade. It has a market cap of $10 million, a circulating supply of 150 million and has traded over $38.8 million in the past 24 hours according to CryptoSlate.com.

AST/BTC is clearing resistance near 0.00000800 as it approaches the 61.8% Fib level near 0.00000930. A close above this level is an indication that the price will make a full retracement back to its high in late March near 0.00001280. A potential stop could be placed below 0.00000800.

News to Know

US Copyright Office does not recognize Craig Wright as Satoshi
Recently, different media resources announced that Bitcoin SV proponent, Craig Wright has been granted copyright registrations for the original Bitcoin Whitepaper with the US Copyright Office. Today the agency responded to the community via its press release outlining that it does not recognize Craig Wright as Satoshi.

Bitcoin ATMs Continue Growth Across US With Coinme Kiosks
The Bitcoin ATM operator Coinme has expanded its Bitcoin purchasing options for residents in the United States to cover 21 states, the firm confirmed in a press release this week. Coinme first started selling Bitcoin in 2014 and will now serve around 2,200 locations across the nation through its existing partnership with coin kiosk operator Coinstar.

Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements
Russia’s central bank, the Bank of Russia, will consider issuing a gold-backed cryptocurrency, Russian news agency TASS reports May 23. Elvira Nabiullina, the head of the Bank of Russia, revealed that the bank may be interested in creating a gold-pegged crypto for conducting mutual settlements with global jurisdictions.

Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin
Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20. Per the announcement, Coinbase Commerce users can now accept USDC payments with no transaction fees. The announcement specifies that “unlike accepting credit card payments, merchants can accept USD Coin without geographical limitations or the need for a traditional bank account.”

Bitcoin (BTC)’s Hidden Weaknesses Investors Must Know – Finance Expert Analyses
Bitcoin (BTC) has constantly displayed strange movement in the cryptocurrency market, a price behavior that gives room for doubt about the surety of the digital currency. A well-known financial expert has taken time to analyze hidden weaknesses of Bitcoin that must be opened to investors.