Thursday, May 28, 2020

Bitcoin (BTC) Up $75.15 On 4 Hour Chart, Started Today Up 4.08%; Crosses 20 Day Moving Average (current BTC/USD price is $9,526.89)

Latest Bitcoin News:

Bitcoin (BTC) Up $75.15 On 4 Hour Chart, Started Today Up 4.08%; Crosses 20 Day Moving Average

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.


How to Win the Lottery in 100 Games Or Less

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[Altcoin Discussion] Friday, May 29, 2020

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


[uncensored-r/BitcoinMarkets] [Daily Discussion] Friday, May 29, 2020

The following post by AutoModerator is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

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The original post's content was as follows:


Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Friday, May 29, 2020

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Very complete guide on wallets

Here you will find a very complete guide on wallets:

https://www.finder.com.au/cryptocurrency/wallets

If you want to buy bitcoin or any other digital currency, you’ll need to choose a wallet where you can securely store your coins or tokens. But if you’re just starting out, choosing a wallet and learning how to use it can feel complicated and overwhelming.

That’s why we’ve put together this beginner’s guide to cryptocurrency wallets. Keep reading for information and advice on how crypto wallets work, the different types of wallets available and how to choose one that’s right for you.

https://preview.redd.it/dhu96j3dfm151.png?width=1344&format=png&auto=webp&s=2bf63c460643fb4c7aa554790ece1ed1bff2137f

https://preview.redd.it/iqzvvflhfm151.png?width=1200&format=png&auto=webp&s=f160dcff02aa2fcb770a8e3cc6e097b357d2be6a

More info: https://www.publish0x.com/walletsnews/very-complete-guide-on-wallets-xejrnyd/?a=9wdL9JOXej

https://www.finder.com.au/cryptocurrency/wallets



Bitpay Shuns Lightning and Liquid, Says Actual Bitcoin Payments Still Dominate (current BTC/USD price is $9,485.51)

Latest Bitcoin News:

Bitpay Shuns Lightning and Liquid, Says Actual Bitcoin Payments Still Dominate

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.


Coinviva Monthly Report - May

Exchange Development

1. Exchange System Development

a) Coinviva OTC (Over the Counter) platform for App is now put into development schedule, and is currently in a test phase. Coming up soon!

b) Our trading system perfection and website optimization (phase 2) has been completed. More optimizations will follow phase by phase to ensure a good trading experience for users.

c) In June, a new function: Staking will be added into our development schedule. As this funtion involves many aspects, we will gradually launch staking products according to the development progress. Stay tuned.

2. Trading Pairs

a) In May, NOIZ/USDT trading pair is now live on Coinviva.

b) The upcoming project will be ZPER and the final launch time depends.

Exchange Operation

  1. In May, NOIZ went online and we held a "register to win airdrop, deposit any crypto to get NOIZ cashback" event. During the event, NOIZ community was quite active and led a huge deposit trend. And liquidity surged on our OTC platform with massive transactions.

2.Meanwhile, the referral program returned and appealed to a large number of new users. During the event, there were thousands of daily active users with a total of 50,000 people participated in this invitation event.

3.Invite rebate exclusive upgrade program is now being counted down. From May 5 to June 5, any successful invitation of a friend can upgrade the rebate ratio by 100%, and enjoy the rebate benefits up to 180 days. Participate now and earn cashback with your friends.

4.In June, more projects will be launched on Coinviva. And more airdrop events are waiting for you!

Branding

On May 12, Chairman of Point95 Global was invited to participate in the "BLOCKCHAIN 2140" Shenzhen Blockchain Summit & Digital Asset Management Forum. He gave a speech about Traps in Digital Currency Asset Management for Institutional and Individual Investors. The speech analyzed the ways digital currency asset management works and the risks of digital currency funds, and suggested that whales and institutional investors can choose to manage accounts separately or invest in compliant funds, while individual investors are more comfortable for buying bitcoins directly. He also mentioned that to control risks needs to stay away from futures.

About Coinviva:

Coinviva aims to create the best crypto financial services ecosystem for both institutional and individual investors. We provide reliable fiat funding options, excellent trading liquidity, bank security level custody and one-stop high liquidity provision on-site & off-site. Our founding management team all come from top tiered investment banking (e.g. JP Morgan, Morgan Stanley, Bank of America Merrill Lynch), with fully comprehensive financial institution operation experience.

Homepage: https://coinviva.com/

Telegram: https://t.me/coinviva


Morning Rally Fades

For Trading MAY 29TH

Morning Rally Fades

Pending Home Sales -21.8%

Initial Claims Up, GDP -5%

Today’s market was up after continued strength in the futures and markets around the world and after opening rally to up 200 we went sideways to higher until it made a new high of the day by all of $6, it faded until the last half hour when it went into a tailspin straight to the low of the day -190 and closed -147.63 (.58%), NASDAQ -43.37 (.46%), S&P 500 -6.40 (.21, the Russell -35.69 (2.48%) and the DJ Transports -145.96 (.59%). Market internals were weak with the NYSE 4:3 down, while NASDAQ was 2:1 lower. Volume was a little higher than yesterday with the DJIA split 25 / 25 and the only big losers were GS -58 and DIS -33DP’s. There were no outstanding losers. The strongest sectors reversed from the last couple of days with healthcare, utilities and real estate higher and financials, energy, consumer discretionary and communication services lower.

Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!

Tonight’s closing comment video https://youtu.be/4fXVqKDBr5I

SECTORS: Earnings were the feature with HP missing and finishing $15.01 -2.11 (12.3%), Workday: WDAY 182.56 +12.18 (7.15%), Dollar Tree: DLTR $97.64 +10.11 (11.55%), followed this afternoon by CRM with a beat of $ .01 but poor guidance $174.70 -6.40 (3.67%), WSM beat while closed most of the quarter thru online and catalog sales and after closing $73.03 it moved higher to $82 before closing $79.21 +6.18 (8.4%), ULTA missed and after closing $243.11 it fell to 227.89 and made the round-trip to close unchanged.

The HOMERUN OF THE DAY was no contest with ARCA Biopharma: ABIO with a novel approach for COVID-19 treatment. It is testing their “selective inhibitor of tissue factor.” It has already completed phase 1 and 2 and if results continue, they are confident that they will file an NDA in the third quarter. The stock is down from $20.45 in 2019 after a 1:18 reverse closed Wednesday $3.95 and opened today $8.50 and traded as high as $22.00 before closing $19.21 +15.26 (386.33%). An easy winner.

FOOD SUPPLY: was LOWER with TSN -.15, BGS -.54, FLO +.29, CAG +.18, MDLZ +1.23, KHC -.13, CALM -.70, JJSF -7.86, SAFM -6.60, LANC -2.43, GO -1.12, HRL +.98, and PBJ $31.50 -.12 (.40%).

BIOPHARMA was MIXED with BIIB -.98, ABBV +.42, REGN +34.99 (6.43%), ISRG +7.66, GILD +.42, MYL -.16, TEVA -.01, VRTX -1.13, BHC +.06, INCY +2.33, ICPT -1.69, LABU -1.34, and IBB $132.61 +.61 (.46%).

CANNABIS: This group was MIXED with TLRY -.33, CGC +3.05 (15.33%), CRON +.18, GWPH -1.03, ACB +.13, PYX -.20, NBEV -.01, CURLF -.08, KERN +.02, MJ $14.38 +.13 (.91%).

DEFENSE: was HIGHER with LMT +1.34, GD -1.95, TXT -.45, NOC +.24, BWXT +1.46, TDY +8.55, RTX +.38, and ITA $166.51 -.68 (.41%).

RETAIL was LOWER with M -.55, JWN -1.56, KSS -2.24, DDS -1.55, WMT +.82, TGT +.61, TJX -1.24, RL -.88, UAA -.39, LULU +2.10, TPR -1.38, CPRI -1.64 (9.19%), and XRT $40.74 -.90 (2.16%).

FAANG and Big Cap: were LOWER after being higher earlier with GOOGL +2.72, AMZN -10.39, AAPL -.01, FB -2.90, NFLX -4.89, NVDA -2.54, TSLA -13.23, BABA -2.30, BIDU -1.90, CMG +6.00, CAT -2.04, BA -2.44, DIS -5.23, and XLK $96.75 -.19 (.20%).

FINANCIALS were LOWER with GS -8.46, JPM -1.68, BAC -1.09, MS -2.51, C -3.28, PNC +.45, AIG -.05, TRV +.77, AXP -3.23, V +1.18 and XLF $23.68 -.38 (1.58%).

OIL, $33.71 +.90. Oil was unable to make a new high today and after that failure it fell all the way back 31.14 before closing near the high on the range. If we break 30.72 on a closing basis, I think we can work lower. The stocks generally lower and XLE was $38.94 -1.12 (2.80%).

METALS, GOLD: $1,728.30. After holding the gains from Wednesday Gold was strong all morning and then faltered, falling into the prior day’s range and finishing barely changed. We bought back 2 lots of NEM roughly $6.00 lower that our sale yesterday.

BITCOIN: closed $9,420 +280. After breaking down from just over 10,000 and trading 8,220 we started back up and traded all the way back, it failed to make a new recovery high. We broke all the way back to trade 8815 today but managed a move to close just over $9000. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $10.87 +37 today.

Tomorrow is another day.

CAM



Morning Rally Fades

For Trading MAY 29TH

Morning Rally Fades

Pending Home Sales -21.8%

Initial Claims Up, GDP -5%

Today’s market was up after continued strength in the futures and markets around the world and after opening rally to up 200 we went sideways to higher until it made a new high of the day by all of $6, it faded until the last half hour when it went into a tailspin straight to the low of the day -190 and closed -147.63 (.58%), NASDAQ -43.37 (.46%), S&P 500 -6.40 (.21, the Russell -35.69 (2.48%) and the DJ Transports -145.96 (.59%). Market internals were weak with the NYSE 4:3 down, while NASDAQ was 2:1 lower. Volume was a little higher than yesterday with the DJIA split 25 / 25 and the only big losers were GS -58 and DIS -33DP’s. There were no outstanding losers. The strongest sectors reversed from the last couple of days with healthcare, utilities and real estate higher and financials, energy, consumer discretionary and communication services lower.

Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!

Tonight’s closing comment video https://youtu.be/4fXVqKDBr5I

SECTORS: Earnings were the feature with HP missing and finishing $15.01 -2.11 (12.3%), Workday: WDAY 182.56 +12.18 (7.15%), Dollar Tree: DLTR $97.64 +10.11 (11.55%), followed this afternoon by CRM with a beat of $ .01 but poor guidance $174.70 -6.40 (3.67%), WSM beat while closed most of the quarter thru online and catalog sales and after closing $73.03 it moved higher to $82 before closing $79.21 +6.18 (8.4%), ULTA missed and after closing $243.11 it fell to 227.89 and made the round-trip to close unchanged.

The HOMERUN OF THE DAY was no contest with ARCA Biopharma: ABIO with a novel approach for COVID-19 treatment. It is testing their “selective inhibitor of tissue factor.” It has already completed phase 1 and 2 and if results continue, they are confident that they will file an NDA in the third quarter. The stock is down from $20.45 in 2019 after a 1:18 reverse closed Wednesday $3.95 and opened today $8.50 and traded as high as $22.00 before closing $19.21 +15.26 (386.33%). An easy winner.

FOOD SUPPLY: was LOWER with TSN -.15, BGS -.54, FLO +.29, CAG +.18, MDLZ +1.23, KHC -.13, CALM -.70, JJSF -7.86, SAFM -6.60, LANC -2.43, GO -1.12, HRL +.98, and PBJ $31.50 -.12 (.40%).

BIOPHARMA was MIXED with BIIB -.98, ABBV +.42, REGN +34.99 (6.43%), ISRG +7.66, GILD +.42, MYL -.16, TEVA -.01, VRTX -1.13, BHC +.06, INCY +2.33, ICPT -1.69, LABU -1.34, and IBB $132.61 +.61 (.46%).

CANNABIS: This group was MIXED with TLRY -.33, CGC +3.05 (15.33%), CRON +.18, GWPH -1.03, ACB +.13, PYX -.20, NBEV -.01, CURLF -.08, KERN +.02, MJ $14.38 +.13 (.91%).

DEFENSE: was HIGHER with LMT +1.34, GD -1.95, TXT -.45, NOC +.24, BWXT +1.46, TDY +8.55, RTX +.38, and ITA $166.51 -.68 (.41%).

RETAIL was LOWER with M -.55, JWN -1.56, KSS -2.24, DDS -1.55, WMT +.82, TGT +.61, TJX -1.24, RL -.88, UAA -.39, LULU +2.10, TPR -1.38, CPRI -1.64 (9.19%), and XRT $40.74 -.90 (2.16%).

FAANG and Big Cap: were LOWER after being higher earlier with GOOGL +2.72, AMZN -10.39, AAPL -.01, FB -2.90, NFLX -4.89, NVDA -2.54, TSLA -13.23, BABA -2.30, BIDU -1.90, CMG +6.00, CAT -2.04, BA -2.44, DIS -5.23, and XLK $96.75 -.19 (.20%).

FINANCIALS were LOWER with GS -8.46, JPM -1.68, BAC -1.09, MS -2.51, C -3.28, PNC +.45, AIG -.05, TRV +.77, AXP -3.23, V +1.18 and XLF $23.68 -.38 (1.58%).

OIL, $33.71 +.90. Oil was unable to make a new high today and after that failure it fell all the way back 31.14 before closing near the high on the range. If we break 30.72 on a closing basis, I think we can work lower. The stocks generally lower and XLE was $38.94 -1.12 (2.80%).

METALS, GOLD: $1,728.30. After holding the gains from Wednesday Gold was strong all morning and then faltered, falling into the prior day’s range and finishing barely changed. We bought back 2 lots of NEM roughly $6.00 lower that our sale yesterday.

BITCOIN: closed $9,420 +280. After breaking down from just over 10,000 and trading 8,220 we started back up and traded all the way back, it failed to make a new recovery high. We broke all the way back to trade 8815 today but managed a move to close just over $9000. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $10.87 +37 today.

Tomorrow is another day.

CAM



Southeast Asia DeFi Week - 1 June 2020

Following the success of Enterprise Blockchain Week 2020,

we are extremely excited to announce *Southeast Asia DeFi Week*!

*Decentralised Finance (DeFi)* refers to an emerging and fast growing set of financial services that are built on open public blockchains and smart contracts.

You get to learn 5 of them over 5 days, thanks to Bitcoin Malaysia Events (BME).

MAKER (DAI), Kyber Network, Melon, AAVE, wBTC.

Beginner friendly, this event is suitable for even people with zero knowledge of cryptocurrencies and blockchain technology.

When: 1-5 June 2020

Where: Online Webinars.

Register now:

https://www.eventbrite.com/e/southeast-asia-defi-week-learn-5-defi-technologies-in-5-days-tickets-106079875764

#seadefiweek

#defi


MakerDAO at Southeast Asia DeFi Week - 1 June 2020

MakerDAO will be one of the projects featured at Southeast Asia DeFi Week.

Following the success of Enterprise Blockchain Week 2020, we are extremely excited to announce *Southeast Asia DeFi Week*!

*Decentralised Finance (DeFi)* refers to an emerging and fast growing set of financial services that are built on open public blockchains and smart contracts.

You get to learn 5 of them over 5 days, thanks to Bitcoin Malaysia Events (BME).

MAKER (DAI), Kyber Network, Melon, AAVE, wBTC.

Beginner friendly, this event is suitable for even people with zero knowledge of cryptocurrencies and blockchain technology.

When: 1-5 June 2020

Where: Online Webinars.

Register now:

https://www.eventbrite.com/e/southeast-asia-defi-week-learn-5-defi-technologies-in-5-days-tickets-106079875764


Kyber Network at Southeast Asia DeFi Week - 1 June 2020

Kyber Network will be one of the projects featured at Southeast Asia DeFi Week.

Following the success of Enterprise Blockchain Week 2020, we are extremely excited to announce *Southeast Asia DeFi Week*!

*Decentralised Finance (DeFi)* refers to an emerging and fast growing set of financial services that are built on open public blockchains and smart contracts.

You get to learn 5 of them over 5 days, thanks to Bitcoin Malaysia Events (BME).

MAKER (DAI), Kyber Network, Melon, AAVE, wBTC.

Beginner friendly, this event is suitable for even people with zero knowledge of cryptocurrencies and blockchain technology.

When: 1-5 June 2020

Where: Online Webinars.

Register now:

https://www.eventbrite.com/e/southeast-asia-defi-week-learn-5-defi-technologies-in-5-days-tickets-106079875764


Melon at Southeast Asia DeFi Week - 1 June 2020

Melon will be one of the projects featured at Southeast Asia DeFi Week.

Following the success of Enterprise Blockchain Week 2020, we are extremely excited to announce *Southeast Asia DeFi Week*!

*Decentralised Finance (DeFi)* refers to an emerging and fast growing set of financial services that are built on open public blockchains and smart contracts.

You get to learn 5 of them over 5 days, thanks to Bitcoin Malaysia Events (BME).

MAKER (DAI), Kyber Network, Melon, AAVE, wBTC.

Beginner friendly, this event is suitable for even people with zero knowledge of cryptocurrencies and blockchain technology.

When: 1-5 June 2020

Where: Online Webinars.

Register now:

https://www.eventbrite.com/e/southeast-asia-defi-week-learn-5-defi-technologies-in-5-days-tickets-106079875764


Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9500 (current BTC/USD price is $9,444.96)

Latest Bitcoin News:

Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9500

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.


[uncensored-r/BitcoinMarkets] Making a cautiously bullish case for Bitcoin

The following post by BrianAtSantiment is being replicated because the post has been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ BitcoinMarkets/comments/gsebpn

The original post's content was as follows:


Quick takeaways:

  • Several of Bitcoin's on-chain and social indicators may slowly be moving into 'bullish' territory
  • Assets covered: Bitcoin
  • Metrics used: Holder disribution, social seniment, price-daa divergence, mvrv long/short difference, daily active addresses

It’s been a week of cold showers for Bitcoin, as the benchmark cryptocurrency recorded double-digit losses (-10.2%) over the past 7 days and is now inching closer to retesting the $8500 support level.

Unlike most BTC corrections, though, this one has failed to take down the entire market with it, as many high-cap alts were up strong against BTC to start the week.

The decoupling seems to have breathed new optimism into altcoin enthusiasts, as we’re seeing multiple recent spikes in the amount of ‘alt season’ mentions on crypto social media, correlating nicely with Bitcoin’s ongoing decline.

So what’s up with BTC? Are we officially $7k bound or is this all simply positioning for another quick bounceback?

Well, at least according to its on-chain and social data, there may in fact be several reasons to be cautiously optimistic about the top coin’s short-term price potential. Let’s explore.

BTC whales back to accumulating?

In addition to our existing set of Holder Distribution metrics on Sandata, we recently added a few alternative but very instructive dashboards for different Bitcoin holders.

One of those charts tracks the number of addresses holding more than X BTC over time. As it happens, the number of addresses holding more than 100 BTC seems to reveal some very interesting patterns over the last 3 months.

As you can see, the 100+ BTC club has a tendency to grow into BTC dips, like it did on a number of different occasions since the start of the year. The most prominent example occurred during the ‘Black Thursday’ dump, with the addition of 400 new addresses holding more than 100 BTC in a span of 5 days.

The growth in whale addresses is also often accompanied by a quick rise in Bitcoin’s price. The most recent example of this was during the May 10 dump - as BTC lost more than 10.5% in a span of 48 hours, more than 450 new addresses were added to the 100+ BTC club. Soon after, the price of BTC sprung back above $9k.

In a similar fashion, the amount of these addresses also tends to shrink a few hours/days before local Bitcoin tops. For example, in 24 hours before the May 8 top of $9920, the 100+ BTC club shrunk by 740 addresses. Bitcoin’s price took a nosedive shortly afterwards.

So what’s the latest on the 100+ BTC club? Well, the amount of these mega whale addresses has started growing once again over the last 9 days, with 800 new addresses joining the fray. Once again, the big players seem to be accumulating into the dip.

Based on historical trends and paired with other indicators (some of them covered here), this could be a positive sign for Bitcoin’s short-term action, as market-moving addresses are once again starting to show increased confidence in the top coin.

Should we bounce back over the coming week, I’d keep my eyes peeled on the behavior of these addresses. If they start to deflate again, that could be the cue.

MVRV Long/Short Difference approaches 0%

One of the custom on-chain indicators available on Sanbase, Bitcoin’s MVRV Long/Short difference is our addendum to the popular MVRV ratio, and looks at the disparity in the ROIs of long-term vs short-term Bitcoin holders.

To make this article about 700 words shorter, those interested in exactly how MVRV

Long/Short difference works can read about it here. In a nutshell, however, this indicator will often bottom at the lowest point of Bitcoin’s bear market and peak at the top of its bull cycle.

Since Bitcoin’s inception, the MVRV Long/Short difference indicator has crossed the 0% mark only 4 times. The first 3 times it happened all earmarked the start of a major bull run for the world’s largest cryptocurrency.

In fact, we covered the indicator’s third move above 0 back in May 2019. When we wrote the article, Bitcoin was hovering around $5900. Within a week, it breached the ~$8000 level. In 45 days, it was retesting $13000.

The 4th time it happened was in February of 2020 - right as the coronavirus pandemic became a reality. Even so, the price of BTC grew by 9.6% within a week of the MVRV L/S crossing the 0% mark. And then, well, Black Thursday happened, and we’ll never know what might have happened next.

Well, boys and girls, we are quickly approaching event #5. At the time of writing, Bitcoin’s MVRV Long/Short difference is hovering around -2.75%, up from -18.5% at the start of the month. This indicates that the MVRV ratio of long-term BTC holders is once again very close to overtaking the MVRV ratio of short-term BTC holders, which has historically coincided with a bullish breakout.

According to Valentin Mihov, Santiment’s CTO:

“The explanation could be that the short term traders are usually profiting when the market goes down and sideways, while during a bull run the long term holders are the ones that will have the final call - ultimately when the long term holders start to sell, that will be the end of the bull run.”

Social media sentiment finally turns bearish - good for BTC?

There was A LOT of hype surrounding Bitcoin prior to and immediately after the May 12th halvening. And this is not coming just from my personal experience with crypto Twitter lately - it’s also backed by cold, hard data.

At the moment, Santiment tracks over 1000 crypto-specific social media channels, collecting and filtering hundreds of thousands of new comments and messages every day. Using this dataset, we’ve custom-built our own social sentiment algorithm, and trained it to label incoming messages on a scale from ‘very positive/bullish’ to ‘very negative/bearish’.

One of the coolest metrics to come out of this work is our ‘Sentiment Volume Consumed’ metric, which calculates the difference between the amount of positive and negative coin mentions all over crypto social media, and adjusts it for the amount of social volume. Essentially, it can tell you whether the crowd is bullish or bearish on Bitcoin or any other coin in our database.

Using this algorithm, the above graph visualizes the ‘average mood’ on crypto Twitter towards Bitcoin over the last year. If the orange line is above 0, the mood is positive on average and vice versa. The higher or lower the orange line, the more extreme the crowd sentiment and its deviation from the mean.

As you can see, Twitter turned overwhelmingly bullish toward Bitcoin mid April, after it bottomed out at $6750. The hype eventually peaked on May 7th (right before Bitcoin’s 10.5% drop) and has been in a gradual decline ever since.

Over the last 2 days, the average Bitcoin sentiment on crypto Twitter has finally turned bearish.

Now, some might think this should be a bad sign for BTC’s short-term action - but not necessarily. In fact, it’s the extremely bullish sentiment that has often led to Bitcoin corrections in the past, as the hype peaks and whales dump on the FOMO crowd.

As you can see on the chart, several local BTC tops in the last year - including both 2019 tops - were accompanied by strong growth in bullish BTC sentiment.

On the other hand, most Bitcoin rallies in the last year started in a predominantly bearish atmosphere. It’s basically the ‘crowd is always wrong’ principle, visualized.

Breakouts in July, August, October and December 2019 all coincided with a decidedly negative mood on crypto social media. Most recently, Bitcoin’s post-Black Thursday rally started when Twitter sentiment was at -0.5, marking a strong bearish mood within the community.

As I mentioned, Bitcoin-related sentiment just broke into bearish territory for the first time in over a month. To me at least, the status quo feels a bit reminiscent of the May 2019 interim top. The price of Bitcoin mushroomed over 50% all the way up to $8050 between May 1st and May 15th, along with a massive spike in bullish BTC sentiment. Then, the crowd mood started to decline, correlating with a period of consolidation and short-term retraction back to $7700 range.

Once we were comfortably back to bearish sentiment, only then did BTC skyrocket again, this time peaking at $12500.

Should we see the bearish mood continue to grow on crypto social media along with other bullish on-chain and social indicators for Bitcoin, I wouldn’t be surprised to see a repeat of the 2019 scenario sometime in the near future.

Bitcoin’s price-network activity bond offers room to grow

Finally, I wanted to briefly touch on our Price-DAA divergence model, which tracks the ongoing relationship between Bitcoin’s price and its on-chain activity (daily active addresses).

Historically, strong divergences in these two metrics often earmarked solid Buy/Sell levels. When the price goes up while the amount of active addresses declines, the model triggers a ‘Sell’ signal, and vice versa.

Year to date, our Price-DAA model has been money. Here’s a short overview of the Buy/Sell signals it triggered in the last 3 months alone:

  • March 4th - a solitary BUY signal. The price of BTC gained 4.1% in the next 48 hours
  • March 13th-22nd - a series of BUY signals, one each day. The price of BTC gained 34.4% in that time period.
  • March 27th - two BUY signals. S...

After halving, Grayscale fund has bought 1.5 times more BTC that there were mined

Grayscale Investments, an investment company, almost doubled Bitcoin purchases after the halving on May 11. Earlier, the fund acquired an average of 607 BTC per day, and after the event, increased volumes to 1,112 BTC.

Analyst Kevin Rook pointed out that the company, after the halving, bought 50% more bitcoins than there were mined.

“Grayscale's Bitcoin Trust bought 18,910 Bitcoins since the halving.

Only 12,337 Bitcoins have been mined since the halving.

Wall Street wants Bitcoin, and they don't care what Goldman Sachs has to say,” Rook wrote on Twitter.

Earlier, Grayscale Investments noted that the amount of funds under the company's management reached $3.8 billion, out of which $3.3 billion are in bitcoin fund.


Bitcoin in Kenya - Ultimate How-To Guide

Kenya is a hotspot for bitcoin in Africa. Getting started with bitcoin in Kenya is not as difficult as it may seem. You can purchase your first bitcoin with any payment method like MPESA, bank transfer, and credit card.

In this article, you will learn how to buy, sell, and use bitcoin in Kenya.

Quick Summary

For readers who want a quick overview of this article, this section covers the most important things to note when getting started with bitcoin.

  • Download a bitcoin wallet.
  • Buy bitcoin – Paxful (MPESA and bank transfer), Binance (Credit Card and bank transfer).
  • Transfer bitcoin to the wallet.
  • Back-Up your wallet.

http://www.payinghyiponline.com/Bitcoin%20in%20Kenya.html



WELCOME TO EMIREX GROUP

What is Emirex?

Emirex is a group of companies that are built to create efferent ways for capital to reach value producers, as well as make trading assets easy by leverage digital technology to replace legacy systems.

The Emirates Group of Companies is headquartered in Dubai, the United Arab Emirates, and consists of several licensed and regulated legal entities that meet the challenging demands of the current regulatory landscape in the blockchain space. The group was founded in July 2014 as a technology and advisory provider focusing on digitalization of traditional legacy businesses by making efficient use of emerging technology such as blockchain and artificial intelligence.

Digital assets exchange platform for all

In early 2017, having identified a gap in the market that represented a genuine need, the Group started working on a digital assets exchanger that allowed users to easily and securely buy and sell cryptocurrencies and non-security tokens such as protocol, utility, payment and commodity tokens. 

The digital assets exchanger, called Bitcoin Middle East Exchange was successfully launched in early 2018. Our community of users across the Middle East and globally quickly recognised the benefits of the simple and secure interface, particularly because of the service localization that we offered.

Trading platform for professionals

In September 2019, due to market demands we added a professional version of the trading platform based on the input from our community as well as the lessons that we had learned from the first stage of the project. 

A roadmap for the future

At the same time, we developed a robust roadmap concentrating on further developing our infrastructure to support our ambitious mission, which is to become the Infrastructure for the New Digital Economy interconnecting the Middle East with Africa, Asia, and Europe

Don't forget to check out our community page for community events, forums, and upcoming program information on Telegram!
Thanks for being a part of the reddit.com/r/Emirex/ community!


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Norton 360 Tech Support Phone Number 1866-855-0005 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.

To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Norton 360 Tech Support Phone Number 1866-855-0005 brand.

Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Norton 360 Tech Support Phone Number 1866-855-0005's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Norton 360 Tech Support Phone Number 1866-855-0005 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.

There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.

Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Norton 360 Tech Support Phone Number 1866-855-0005's headquarters?

This seemingly simple question is actually more complex. Until February, Norton 360 Tech Support Phone Number 1866-855-0005 was considered to be based in Malta. That changed when the island European nation announced that, no, Norton 360 Tech Support Phone Number 1866-855-0005 is not under its jurisdiction. Since then Norton 360 Tech Support Phone Number 1866-855-0005 has not said just where, exactly, it is now headquartered.

Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.

The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Norton 360 Tech Support Phone Number 1866-855-0005 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.

"Wherever I sit, is going to be the Norton 360 Tech Support Phone Number 1866-855-0005 office. Wherever I need somebody, is going to be the Norton 360 Tech Support Phone Number 1866-855-0005 office," he said.

Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"

Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.

Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."

Zhao said Norton 360 Tech Support Phone Number 1866-855-0005 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."

"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.

Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.

"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.

"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.

It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.

In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”

President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”

You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.

That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.

But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.

Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.

Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.

Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.

Yes, freedom matters

Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”

Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.

Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.

Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.

Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.

The excluded

But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.

An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.

Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.

And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.

Caring about privacy

Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.

Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.

To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.

But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.

Let’s talk about this, people.

A missing asterisk

Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.

So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.

Norton 360 Tech Support Phone Number 1866-855-0005 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Norton 360 Tech Support Phone Number 1866-855-0005 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.

Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Norton 360 Tech Support Phone Number 1866-855-0005, announced that the exchange had frozen the funds. He also added that Norton 360 Tech Support Phone Number 1866-855-0005 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.


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Norton Customer Care Number 1866-855-0005 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.

To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Norton Customer Care Number 1866-855-0005 brand.

Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Norton Customer Care Number 1866-855-0005's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Norton Customer Care Number 1866-855-0005 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.

There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.

Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Norton Customer Care Number 1866-855-0005's headquarters?

This seemingly simple question is actually more complex. Until February, Norton Customer Care Number 1866-855-0005 was considered to be based in Malta. That changed when the island European nation announced that, no, Norton Customer Care Number 1866-855-0005 is not under its jurisdiction. Since then Norton Customer Care Number 1866-855-0005 has not said just where, exactly, it is now headquartered.

Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.

The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Norton Customer Care Number 1866-855-0005 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.

"Wherever I sit, is going to be the Norton Customer Care Number 1866-855-0005 office. Wherever I need somebody, is going to be the Norton Customer Care Number 1866-855-0005 office," he said.

Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"

Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.

Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."

Zhao said Norton Customer Care Number 1866-855-0005 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."

"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.

Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.

"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.

"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.

It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.

In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”

President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”

You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.

That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.

But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.

Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.

Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.

Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.

Yes, freedom matters

Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”

Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.

Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.

Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.

Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.

The excluded

But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.

An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.

Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.

And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.

Caring about privacy

Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.

Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.

To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.

But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.

Let’s talk about this, people.

A missing asterisk

Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.

So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.

Norton Customer Care Number 1866-855-0005 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Norton Customer Care Number 1866-855-0005 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.

Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Norton Customer Care Number 1866-855-0005, announced that the exchange had frozen the funds. He also added that Norton Customer Care Number 1866-855-0005 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.


New York Hacker Charged In $100 Million Dollar Bitcoin Case (current BTC/USD price is $9,193.96)

Latest Bitcoin News:

New York Hacker Charged In $100 Million Dollar Bitcoin Case

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.


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Weekly general discussion - May 28, 2020

Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.


Norton Activation Number (+𝟣) 𝟪𝟨𝟨-𝟪𝟧𝟧-𝟢𝟢𝟢𝟧 Verified Norton client service number

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Norton Activation Number1866-855-0005 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.

To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Norton Activation Number1866-855-0005 brand.

Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Norton Activation Number1866-855-0005's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Norton Activation Number1866-855-0005 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.

There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.

Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Norton Activation Number1866-855-0005's headquarters?

This seemingly simple question is actually more complex. Until February, Norton Activation Number1866-855-0005 was considered to be based in Malta. That changed when the island European nation announced that, no, Norton Activation Number1866-855-0005 is not under its jurisdiction. Since then Norton Activation Number1866-855-0005 has not said just where, exactly, it is now headquartered.

Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.

The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Norton Activation Number1866-855-0005 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.

"Wherever I sit, is going to be the Norton Activation Number1866-855-0005 office. Wherever I need somebody, is going to be the Norton Activation Number1866-855-0005 office," he said.

Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"

Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.

Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."

Zhao said Norton Activation Number1866-855-0005 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."

"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.

Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.

"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.

"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.

It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.

In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”

President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”

You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.

That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.

But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.

Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.

Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.

Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.

Yes, freedom matters

Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”

Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.

Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.

Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.

Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.

The excluded

But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.

An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.

Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.

And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.

Caring about privacy

Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.

Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.

To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.

But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.

Let’s talk about this, people.

A missing asterisk

Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.

So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.

Norton Activation Number1866-855-0005 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Norton Activation Number1866-855-0005 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.

Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Norton Activation Number1866-855-0005, announced that the exchange had frozen the funds. He also added that Norton Activation Number1866-855-0005 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.


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Norton Customer Care Number 1866-855-0005 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.

To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Norton Customer Care Number 1866-855-0005 brand.

Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Norton Customer Care Number 1866-855-0005's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Norton Customer Care Number 1866-855-0005 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.

There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.

Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Norton Customer Care Number 1866-855-0005's headquarters?

This seemingly simple question is actually more complex. Until February, Norton Customer Care Number 1866-855-0005 was considered to be based in Malta. That changed when the island European nation announced that, no, Norton Customer Care Number 1866-855-0005 is not under its jurisdiction. Since then Norton Customer Care Number 1866-855-0005 has not said just where, exactly, it is now headquartered.

Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.

The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Norton Customer Care Number 1866-855-0005 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.

"Wherever I sit, is going to be the Norton Customer Care Number 1866-855-0005 office. Wherever I need somebody, is going to be the Norton Customer Care Number 1866-855-0005 office," he said.

Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"

Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.

Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."

Zhao said Norton Customer Care Number 1866-855-0005 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."

"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.

Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.

"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.

"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.

It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.

In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”

President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”

You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.

That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.

But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.

Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.

Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.

Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.

Yes, freedom matters

Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”

Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.

Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.

Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.

Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.

The excluded

But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.

An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.

Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.

And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.

Caring about privacy

Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.

Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.

To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.

But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.

Let’s talk about this, people.

A missing asterisk

Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.

So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.

Norton Customer Care Number 1866-855-0005 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Norton Customer Care Number 1866-855-0005 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.

Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Norton Customer Care Number 1866-855-0005, announced that the exchange had frozen the funds. He also added that Norton Customer Care Number 1866-855-0005 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.