Jerome Powell interview on 60 Minutes, “There’s really no limit to what we can do with these lending programs we have.” With most of The Fed’s focus on medical data to give way for economic data to follow suit, it seems imperative better testing and a successful vaccine are imperative to a swift and strong economic recovery.

Last week JK Rowling tweeted out in hope to learn more about Bitcoin. Crypto Twitter didn’t shy away from the challenge with comparisons to Harry Potter, a response from Elon Musk, and a fake account pretending to be Rowling showing a Bitcoin purchase. By the end of the day, Rowling seemed a bit overwhelmed with the variety and complexity of responses received.

Market Update (Monday Open)

Bitcoin- $9,650

Ether- $212.25

Gold- $1,754.20

US 10YR- 0.647%

DJIA- 23,685.42

S&P- 2,863.70

NASDAQ- 9,014.56

NYSE- 11,282.89

New Developments

1. US Ether Futures, ErisX gives US investors a venue to Ether contracts

2. JP Morgan Chase on-boards Coinbase and Gemini for cash management services

3. Zora helps Grammy artist create/sell 100 tokenized cassettes, one sold for $900+

4. FTX releases Futures Trading for Bitcoin’s Hashrate

5. Spencer Dinwiddie created a GoFundMe in Bitcoin to let fans decide next team

   Spencer Dinwiddie @SDinwiddie_25 Just to clear the air, this has nothing to do with my security token. That is a completely separate concept and a business venture designed for profit. (Which is on going, talk to Tritaurian Capital 😉) This is actually about a free market system and crowdsourcing a FA decision.

   Shams Charania @ShamsCharania

   Nets guard Spencer Dinwiddie (@SDinwiddie_25) says he will sign a one-year deal with the NBA team fans decide if they reach Bitcoin target of roughly $24,632,630 on a GoFundMe. Dinwiddie’s statement: https://t.co/oebwkoFBEO

   May 16th 2020

   35 Retweets195 Likes

    

Industry Opinion’s

• Richard Chen, DeFi Usage Numbers

• Larry Cermak, The Block

Larry Cermak @lawmaster 1/ I and @Dogetoshi spent quite a bit of time looking into this seemingly boring topic of crypto data. However, the more I looked into it, the more I was convinced that data is one of the next sub-sectors of crypto where we will eventually see unicorns.

May 15th 2020

32 Retweets104 Likes

FinTech Activity (hvPlot)

# Import Libraries

import numpy as np

import pandas as pd

import hvplot.pandas

# Data Prep

df_idx = pd.date_range("1/1/2018", periods=52)

df = pd.DataFrame(np.random.randn(52, 4), index=df_idx, columns=("APPL", "GOGLE", "AMMD", "BCOIN")).pct_change()

# Use hvplot() function to plot data

df.hvplot()

Quick Earn Opportunity

The Dai Savings Rate is crypto’s version of a traditional savings account. The interesting part of DSR is the interest rate returned to the holder of the account. The DSR is voted on by MKR holders, historically it has been anywhere from 0.0-8.0%. Anyone is allowed to hold and vote on the DSR, giving the community more of a say as to how the protocol operates. The easiest way to participate in the Dai Savings Rate is through the Argent App.