CoinSheet #256 When the winds of change blow, some people build walls and other build windmills. — Chinese Proverb Weekly Bulletin Hello folks, I caught a small cold, and every few minutes I sneeze and lose my train of thought. But we carry on! Let's jump into it, got a few things to cover.

	Market Update (May 20, 2019) CoinSheet #256 May 20 Public post When the winds of change blow, some people build walls and other build windmills. — Chinese Proverb Weekly Bulletin Hello folks, I caught a small cold, and every few minutes I sneeze and lose my train of thought. But we carry on! Let's jump into it, got a few things to cover. On last week's trade update Last week I sent out a trade update, to our few hundred subscribers (The post is public now, you can read it here.) I haven't sent out a trade update in some time, and this seemed like a good time to come out of hibernation. It worked out pretty well. ETH was ~$210 when I sent the email and ETH hit my target range at ~$281. I sold some ETH at my target and bought back in with a better BTC ratio. As I said in the update, I'm still bullish on ETH/BTC ratio. If you'd like to not miss these emails in the future You can subscribe :) Subscribe now Alright, enough shilling myself, moving on. Cboe ETF delayed (again) The SEC has again postponed its decision on VanEck SolidX Bitcoin ETF and will be seeking public comments. Not really a big deal as I don't think it will have much of an impact on price since the SEC has already rejected atleast 10 similar proposals. Source JP Morgan & intrinsic value JP Morgan strategists made reference to bitcoin's intrinsic value (mostly based on cost of production, mining), which is interesting since less than two years ago the CEO was calling bitcoin a scam. They made an argument that speculation is driving the cost of bitcoin beyond its economic stability into a bubble… And that's all cool, but it's more interesting how opinions are being changed before our eyes. Source Su Zhu 🦁@zhusu Fintwit and bankers bought the bottom and will now espouse $BTC back to you more rigorously and eloquently than you ever tried convincing them. Charlie Bilello@charliebilello At 0%, Bitcoin has a higher yield than government bonds in 18 countries whose central banks are attempting to debase their currencies and inflate asset prices. In unrelated news, Bitcoin is up 112% year-to-date. $BTC https://t.co/p2NhtOkZ5y May 14th 2019 11 Retweets78 Likes I expect to see more of this rhetoric in the future. Market Sentiment Bitcoin The general consensus seems to be that we're due for a pullback. Josh Olszewicz@CarpeNoctom 1D $BTC - Cloud says this is insanely overbought & calling for 6150 - VPVR likes 6400 - potential rising 3 methods aka bullish continuation - RSI = 90 at last high, if higher high, almost guarantees bear div - 10k is the next big lvl more in 2mrw's article for @bravenewcoin May 19th 2019 10 Retweets83 Likes Arthur Hayes@CryptoHayes The bull market is real. A momentary dip below 7k, and a few days later we are back above 8k and the Sep and Dec contracts are in contango. Booyah! May 19th 2019 286 Retweets1,268 Likes I am not completely sold on this yet. I think we'll have a pullback (or arguably, are in the middle of finishing a pullback) and will continue to move sideways and up. Below are the 3 zones I'm paying most attention too (labelled A, B, and C). Zone A = local trend line Zone B = local high Zone C = trend line + fib line Bitcoin (Moving Averages) We had the daily 50 SMA cross the weekly 50 SMA. Shorts vs. Longs All this bearishness isn't evident in the long/short ratio. The TD Daily TD 3 Day TD Weekly TD Monthly TD Bitcoin (Support/Resistance Levels) Weekly Pivot Points Monthly Pivot Points Volume April 1 - present Daily Volume 4h Volume 2h Volume Bitcoin (Macro Overview) We're about ~368 days away from the next halving event. The end What do you folks think? Continue the discussion in our Telegram group. That's all for now. See you later space Cowboy -Dmitriy You're on the free list for CoinSheet. For the full experience, become a paying subscriber. Subscribe © 2019 CoinSheet LLC Unsubscribe 427 N Tatnall St #84981 Wilmington, DE 19801 Powered by

Stellar Roundup - May 2019

View this email in your browser Monthly Roundup May 2019 Stellar Ecosystem Updates Wirex has announced the launch of 26 fiat-backed stablecoins on the Stellar Network. Read more here. Stellar is now live on Keybase for everyone! You can read the full blog here. Paysend announces launch of global stablecoin. Read more here. Coinsquare now supports Stellar! Read the full release here.   Seema Phalke (Lead Developer, IBM World Wire) talks about her experience developing World Wire on the Stellar network.   SDF New Hires   Denelle Dixon, CEO/Executive Director Denelle is joining SDF after being the Chief Operating Officer of Mozilla where she oversaw business operations and relationships, revenue, internet policy, information technology, communities, program management, legal and general operations.  Denelle has a deep background in open source and in fostering an open, transparent and accountable culture and she plans to bring even more of that to SDF. Denelle loves to read, run and then relax with the house full of five boys that she and her partner share.     Debnil Sur, Software Engineer Previously on the open-source protocol team at Interstellar, Debnil now works on the SDF's Platform team. He enjoys all things basketball, politics, and urban hiking.   Nando Vieira, Senior Software Engineer Nando is joining SDF after being a software engineer at Heroku for the past 5 years. He loves music, playing guitar/bass, technology in general and walking by the beach on a sunny day.   Jeesun Kim, Frontend Engineer Jeesun is joining SDF after working as a frontend developer at a digital agency, Firstborn. She loves to cook and take a long walk in NYC. Say hello @codeandfood on twitter!   Marcus Greville, Systems and DevOps Engineer Marcus has joined the SDF to work in the Ops team, supporting the early side of the international dateline from Melbourne, Australia. He has 20+ years experience behind him building business critical Linux systems and applications. He has both the AWS Professional Architect and DevOps Prof certifications which he obtained on the one day and which he thinks is cool. He has four young children who he enjoys teaching to surf and who generally keep him young.   We are hiring! Apply today. Stellar Community Articles How could Kelp Bot help Stellar? "With the recent release of Kelp v1.6.1, I thought it would be a good time to discuss what trading bots are and how they can contribute to the growth and maturity of financial markets (e.g. the Stellar DEX)."   Stellar Network: Growth and Decentralisation - SatoshiPay "The Stellar network is a decentralised peer-to-peer network of validator nodes. These nodes run the Stellar Core software that validates incoming transactions and applies them to the last ledger to form the next one."   Daily Active Accounts on Stellar - Correct Estimates - OrbitLens "The question about the real number of active accounts in Stellar Network surfaced numerous times on Twitter and Reddit discussions. "Crypto Experts" often compare different blockchains by Daily Active Address (DAA) metric and tend to make vague assumptions about the real-world adoption based on it. "   Stellar's SEP8 to Prevent Fragmentation of SDEX and Unlock Ultimate Liquidity for Security Tokens - Smartlands "Stellar decentralized exchange (SDEX) allows anybody to create a front-end application for managing and trading of any Stellar assets. Having various interfaces for a sole orderbook allows for the development of a robust ecosystem and pooled liquidity. " Meeting Stellar [SDF] in their Brooklyn Offices - ThrillerCrypto "Car sits down and talks with Kori Higgins, Global Development Manager and Kyle McCollom Product Manager of Stellar Development Foundation. They discuss being at the forefront of unlocking the world's economic potential by making money more fluid, markets more open, and people more empowered."   Stellar Developer Updates Horizon v0.17.6 released with Stellar protocol v11 support A completely new SDF Horizon Go SDK has been released. Check out the blog post! Java-SDK 0.7.0 released with Stellar protocol v11 support. Kelp v1.7.0: Kelp now supports trading on 100+ centralized exchanges stellar-sdk and stellar-base have hit version 1.0! The latest versions improve Typescript type definitions and add protocol v11 support. Future releases will follow semver conventions. The Stellar Ticker has been rebuilt from scratch – check out the release blog post! ZkVM: a new design for fast, confidential smart contracts Stellar's Testnet has been migrated to Protocol 11, and we are planning on coordinating the public network to migrate in early June. Stellar Core v11.1.0's first release candidate is available for download on Github. Community Developer Releases Solar Wallet iOS & Android Beta Major Stellar Expert Update Protocol 11 Compatibility for SDKs JavaScript: https://www.npmjs.com/package/stellar-sdk and https://www.npmjs.com/package/stellar-base Python: https://pypi.org/project/stellar-sdk/ Go: https://github.com/stellar/go/releases/tag/horizonclient-v1.2.0 C#: https://www.nuget.org/packages/stellar-dotnet-sdk iOS: https://cocoapods.org/pods/stellar-ios-mac-sdk Project Releases & Updates Stellar Lumens have been added as collateral option on YouHodler lending platform  MintX launches redeemable Gold, silver, platinum & palladium backed tokens on Stellar SWplug has released v1.1.5 for its Wordpress WooCommerce plugin Coinbase Earn program for Stellar is now live internationally Stellar 2-way Payment System created with Squeezer Stellar Events Upcoming Lisa Nestor @ Crypto Valley Conference Past B3 Summit Stellar Berlin Cluster Stellar Blockchain Week Event DISCLAIMER:  Stellar.org does not endorse any third party organizations that are named in this and/or any other communication(s). Please conduct due diligence and interact with these organizations at your discretion. Safety Policy: The Stellar team will NEVER ask you for your private keys. We will NEVER ask you to deposit funds to any wallet address. Read our Security Guide for more information. Copyright © 2019 Stellar Development Foundation, All rights reserved. You are receiving this email because you signed up to receive updates with Stellar.org Our mailing address is: Stellar Development Foundation PO Box 192750 PMB 24194 San Francisco, CA 94119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.