Bitcoin [BTC] being banned will actually lead to more adoption, says Anthony Pompliano of Morgan Creek Digital



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Daily Crypto News – May 11

1) XRP Ripple Liquid Index on Google: On April 29, Nasdaq announced the addition of the Brave New Coin XRP Liquid Index to Nasdaq's Global Data ServiceSM (GMS) Data Service. He also announced that the index would be available live on May 01. However, the index was not accessible on both Brave New Coin and Nasdaq. But an interesting revelation is the fact that the index appeared in a Google search.

Learn more at https://bit.ly/2JyxK62

2) Bitcoin [BTC] Total market capitalization exceeds $ 200 billion: While Bitcoin jumped over $ 6,000 and, a few days later, on the verge of reaching $ 7,000, the twists and turns of the previous year's rallies were revived. As a result of this massive increase, the collective market capitalization has soared for more than $ 200 billion for the first time in nearly six months.

Learn more at https://bit.ly/2vO7cpo

3) 20 million USDT transferred: Two massive transactions involving Tether were recorded, entering and exiting Huobi, a Chinese stock exchange. The first transaction transferred 10 million USD from 1FwWBMfwxE9ngQ5DJKHFQsZ1wqpfD1sjpk to 1EPDc4Cw4xiqsoWCHnWepfwbqWLcBFamwm. The issuer had a balance of US $ 22 million, while the recipient had no balance and this transaction took place on the Omni Explorer.

Learn more at https://bit.ly/2vSZU3K

4) FinCEN publishes a new orientation document: Recently, the network to fight against financial crime [FinCEN] published a 30-page document urging financial institutions to comply with existing regulations while interacting with digital assets, and then analyzed the activities and entities under their jurisdiction.

Learn more at https://bit.ly/2VeH29q

5) Fidelity will stick to top crypts such as Bitcoin or XRP: The sharp rise in Bitcoin prices fueled the excitement of the cryptocurrency market as many speculators thought the bear market may have ended. In the latest episode of Crypto Trader, Ran NeuNer met Frank Chaparro, principal correspondent of The Block and Anthony Pompliano, founder of Morgan Creek Digital Capital, to discuss Bitcoin's price changes and other developments in the industry.

Learn more about https://bit.ly/2LEGM46

6) Bitcoin [BTC] The bull race may have started: Bitcoin has been in a bearish downtrend for more than a year, but the recent and sudden rise in prices caused a FOMO among hidden bulls, pushing the price even higher. Vinny Lingham, CEO of Civic Key and bitcoin enthusiast, tweeted her point of view on the current rally and the next possible rally.

More information on https://bit.ly/2JhfTRR


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