#500; Ethereum rises up to 5%

[metamoonshots]

Bitcoin (BTC) will “reassert” itself to ship over 100% annual BTC value beneficial properties, says one of many crypto business’s main proponents.In an interview with CNBC airing Oct. 5 and published Oct. 31, Dan Morehead, CEO of hedge fund Pantera Capital, predicted continued crypto growth.Morehead: "We might simply see" 40% shares meltdownBitcoin closed October up 29%, seeing its second best month of 2023 and returning to 18-month highs within the course of.Eyeing macroeconomic circumstances, nonetheless, Pantera’s Morehead and others are involved about one other threat asset class — what he describes as “massively overvalued” shares.“Equities are overvalued as a result of the P/E is identical stage it was when charges had been falling, however now charges are a lot increased and rising,” he instructed CNBC. “In case you took the 50-year common fairness threat premium with a 5.00% 10-year notice, equities ought to be 23% decrease than at present.”Morehead referred to altering macro circumstances within the U.S., with rates of interest at their highest in over twenty years.“I’m not saying -43% goes to occur in a single day, however we have now to bear in mind there have been two 13-year durations the place equities had been flat – within the 2000s and within the 70’s, 80’s,” he continued on the subject. “We might simply see that once more.”Regardless of the grim prognosis, Morehead was complimentary of each Bitcoin and largest altcoin Ethereum (ETH), predicting the previous to greater than double yearly, in keeping with common efficiency to this point.“Bitcoin has a 14-year development progress of 145% a yr,” he acknowledged. “That’s my generic forecast – it'll re-assert its development and can greater than double yearly.”Bitcoin, Ethereum quarterly returns (screenshot). Supply: CoinGlassBTC value dangers pre-halving collapseThe great instances for BTC value efficiency might solely comply with a fresh bout of pain for hodlers.Associated: Bitcoin beats S&P 500 in October as $40K BTC price predictions flow inPrevious to the 2024 block subsidy halving, some are involved that a main retracement might enter.For Filbfilb, co-founder of buying and selling suite DecenTrader, the timing will doubtless give attention to a month earlier than the halving — round March subsequent yr.A month earlier than or so appears the meta.— filbfilb (@filbfilb) November 1, 2023 Ought to this come because of an equities comedown, the state of affairs will not be clear minimize. As Cointelegraph reported, Bitcoin has nonetheless managed to ditch its constructive correlation to shares, one thing which analysis agency Santiment this week known as a traditional early bull market sign.This text doesn't include funding recommendation or suggestions. Each funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a call.

[gadgetsforusesblog]

Ethereum leads Bitcoin, Dogecoin and tracks the stock market higher: what to watch this weekend

Ethereum ETH/USD led the crypto sector during Friday’s 24-hour trading session, rising more than 5% along with the overall market, which saw the S&P 500 rise about 2% higher. Bitcoin BTC/USD lagged slightly, down about 2%, while Dogecoin DOGE/USD was the most muted of the three, up about 1%. The stock market jumped on Friday after Apple posted a second-quarter profit decline despite warnings that…

[youroriginaltimemachinestudent]

10 Best Cloud Mining Sites In 2023

The cloud mining of Bitcoin, Litecoin, Dogecoin, Ethereum and other cryptocurrencies is one of the most profitable sources of passive income. Based on the recommendations of our analysts, let's select a cloud mining platform that is both dependable and profitable. Currently, the following services are on our shortlist: 1. HappyMiner (9.8 points) 2. ECOS (9.2 points) 3. Nicehash (9.0 points) 4. Genesis Mining (8.9 points) 5. IQ Mining (8.8 points) 6. BeMine (8.3 points) 7. Bitdeer (8.1 points) 8. Hashgains (8.0 points) 9. ScryptCube (8.0 points) 10. Hashnest (8.0 points) Pros and cons of cloud mining Sites This type of Investment has many advantages: - No stress due to expensive electricity, burnt-out video cards, or ASIC cooling - No noise and temperature rise from operating equipment - You can end cooperation with a mining provider at any time (if the price of the cryptocurrency falls) - Possibility to pay in both fiat and cryptocurrency Of course, there are drawbacks as well. You may run into con artists who want to buy equipment, just like in any specialized field. You must use the services of reputable mining suppliers if you don't want to become one of their victims. 1. HappyMiner  (9.8 points) A legitimate cloud mining business was established in the US in 2018 under the name HappyMiner. Like any legitimate hash provider, HappyMiner has commercial properties with a sizable tech park of specialized Bitcoin mining equipment. Iceland, Canada, and Norway all have data center locations. Nowadays, HappyMiner pays out cryptocurrencies to more than 2,800K users from around the world. Features: - Sign up to get $10 immediately. - Automated daily payouts. - The free package can be purchased daily. - No overhead or electricity fees. - An affiliate program with 4.5% lifetime rewards. - Different Crypto contracts to choose from. - DDos and SSL protect the system. - 24-hour online support. Fees/cost: Contract PriceContract TermsFixed ReturnDaily Rate$101 Day$10+$0.88%$1003 Days$100+$4.51.5%$5007 Days$500+$631.8%$1,20015 Days$1,200+$3451.92%$3,00030 Days$3,000+$1,8902.1%$6,40060 Days$6,400+$8,8802.31% Minimum Investment: $10 For more HappyMiner details, please visit https://happyminer.us/ Twitter: https://twitter.com/happyminerUS Youtube: https://www.youtube.com/@happyminerUS 2. ECOS  (9.2 points) More than 100,000 users from around the world utilize ECOS. Moreover, the Armenian Free Economic Zone was established in 2017. By using an accessible calculator to determine mining yields, you may choose the optimal choice. There are mobile and web applications for ECOS. The company offers cryptocurrency indexes for investment in addition to providing mining equipment and offering mining contracts. The NFT Index,  Top 10 Index, Elon Musk Index, Defi Protocols Index, and Metaverse Index are a few more. The smartphone software also features a multi-currency cryptocurrency that allows users to store and trade 247 different coins. Features: - consistent payments - With a simple slider on the website, customized contract purchasing enables you to change the length, size of the hash power, and profit of your contract. - Use Android and iOS applications to manage your investments and other crypto assets. - The wallet's ridiculously low withdrawal threshold is 0.000001 BTC. - A 180-day guarantee on their hardware for the hosting service and equipment. I can have gadgets for five years. - A one-month free trial miner contract to evaluate the platform. Minimum Investment: $100 3. NiceHash (9.0 points) A mining hosting & computing marketplace is called NiceHash. You can use it to connect your miners, deposit money, purchase mining packs to mine other cryptocurrencies, or offer hash rates to other users of the peer-to-peer network. Install the NiceHash program on your computer, decide the GPU you want to utilize, and then sell hash rates using the GPU's hash rate. Features: - Mining Ethereum, Dogecoin, Litecoin, and other coins. - Withdrawals of Fiat - In-app cryptocurrency trading platform - Remote mining management and supervision - Peer-to-peer trading with a hash rate Fees/pricing/cost: - 0.2258 BTC for a daily rate of one mH/s - For the new world order fees, 0.00001 BTC - 3% for the cost of hash power - 2% when selling hash power again Minimum Investment: 0.034 BTC 4. Genesis Mining (8.9 points) From Hong Kong, The first mine in Eastern Europe was developed by Genesis Mining. Presently, it serves clients from more than 200,000 diverse nations. They provide a wide range of cryptocurrency mining choices for different types of miners, such as newbies, family miners, and big investors. Features: - Daily mining profit payments to your digital wallet - Top-notch customer support - Mining multiple coins at once are possible. - Cryptocurrencies, Visa, and Mastercard are all supported as payment options. - No recurring monthly fees Fees/pricing/cost: - $29 per mH/s - Minimum based on the cost of the contract bundle - between $499 and $4,498.5 Minimum Investment: $500 5. IQ Mining (8.8 points) IQ Mining is managed by a team of experienced blockchain and IT specialists with cryptocurrencies. The company operates data centres in Algeria, Georgia, Canada, Iceland, and China. It combines cryptocurrency trading and options margin. Features: - Specialized mining agreements to generate extra income - Consumer assistance - Pledge your contract in exchange for trading funds up to the full contract cost. - promised mining contracts without funding - Information based on the mining of Bitcoin Fees/pricing/cost: - Roughly $0.675 for every 0.1 mH/s - The maintenance fee for bronze, silver, and gold is $0.00013 per 0.1mH/s daily. - There are unique packages with additional features available. Minimum Investment: $108 6. BeMine (8.3 points) The business supports purchasing and selling digital currency and mining hash rates. Customers can also get advice on investing in and using cryptocurrency. Additionally, they can provide consultation on e-commerce and ICO initiatives, business registration, and other services. While you wait for revenues that may be withdrawn from your selected wallet, you can also ask the firm to set up your mining equipment remotely. Features: - You can test the service through 3 days of gifted Antminer S19 mining if in doubt. - Unlike other cloud mining companies, it offers 7% on referral purchases. - Cryptocurrency cloud mining has an inbuilt cryptocurrency exchange. - Four data centres with a total capacity of 70 mW/h. - The cost of electricity is $0.054 kW/h, and payment is made automatically from your account. - Depositing via VISA and MasterCard, PM USD, Bitcoin, and altcoins. Fees/cost/pricing: $61 one-time payment. Depositing and withdrawing fee is commission based on the amount of crypto Up to 0.05 BTC — 3%; from 0.01 to 0.05 — 5%; and under 0.01 — 7%. Minimum Investment: $61 7. Bitdeer (8.1 points) At the moment, cloud hosting facilities, multi-brand hash rate marketplaces, and cloud mining contracts are all offered by the well-known cryptocurrency platform Bitdeer. Customers from more than 200 nations can now purchase cloud contracts from Bitdeer, a renowned global supplier of digital assets. The company's main goal is to establish strategic partnerships with the biggest mining firms and equipment manufacturers worldwide. In addition to other countries, the service provider also has data centers in the US and Norway. Because of its excellent mining facilities, Bitdeer promises its customers a 100% uptime rate. Features: - A calculator for profitability and income - A marketplace for hash rates with a range of third-party sources - Direct payments received from the top mining pools - Charts of cryptocurrencies in real-time - Bonuses and promotions For the moment, Bitdeer provides both inexperienced and seasoned cryptocurrency investors with reliable self-run cloud mining solutions. Each type of contract has a 180-day term. The hash rate & profitability are substantially impacted by the chosen plan type. The minimum investment for cloud mining on Bitdeer is $542 for 50 TH/s. You can read all the information on the pertinent Bitdeer website pages or by getting in touch with their customer service. All investors can use the website's estimated revenue calculator, even if the provider makes no guarantees about potential earnings in the future. Currently, fiat money & cryptocurrencies are accepted for payment on the cloud hashing mining platform. You can buy a mining contract with your Bitcoin or alternative cryptocurrency wallet and a USD telex money transfer. After the miner the user purchased is operational, they can check the real-time hash rate and payment information for their account. Bitdeer also guarantees daily rewards. Minimum Investment: $542 8. Hashgains (8.0 points) The corporation uses renewable energy to run its data centers for mining. China and India both have mines. Between 24 and 72 hours after payment is verified, mining will start. Once you've met the essential mining requirements, the payment will be issued to your wallet. Yet at the moment, the procedure is not automated. Features: - Mining Litecoin, Dogecoin, Ethereum, and other cryptocurrencies. - Low costs for maintenance and support - Visa, Mastercard, and cryptocurrencies are all accepted as payment methods. - The dashboard keeps an eye on hash rates and revenue. - Along with client service, assist with technical issues. Fees/cost/pricing: - mH/s at $29 - Topaz plan pricing begins at $125. - Ruby plan (25 mH/s): $625 - 2,500 dollars for 100 mH/s Minimum Investment: $125 9. ScryptCube (8.0 points) ScryptCube produces Bitcoin on behalf of users who want to use the f2pool mining pool, manage their equipment locally, or spend less money on equipment. Analysis of ScryptCube's wallets addresses over time demonstrates that the company pays its users and accepts payments via f2pool. The people in the photographs that different users posted on the business's Telegram channel have received money every month since 2020, according to an analysis of the locations on the images. The Bitcoin cryptocurrency mining platform also allows customers to mine Ethereum, and it soon expects to provide Laser mining. Features: - To calculate the profitability and possible income of the hash rate package you want to purchase, there is also an electronic mining calculator available. - There are no ongoing fees. Payment for packages can be done with BTC, MasterCard, and Visa. - Daily receipts imply that daily mining proceeds will be applied to your account. You can immediately view them on the account. - Withdrawals are made as soon as mining begins. - The reward for recommendations: 3% of each sale that results from your suggestions. - Get statistics on recent mining activity. Fees/pricing/cost: - Plans for mining bitcoins start at $4.9 per 100 GH/s for one year. - For a two-year contract, it costs $7.5 per 100 GH/s. Minimum Investment: $1.9 10. Hashnest (8.0 points) The cloud mining company and website are owned by Bitmain Technologies, which Wu Jihan as well as other investors founded in China in 2013. The business acquired Snowball.io, a cloud mining platform, in 2014. As you might be already aware, Bitmain leads the industry in producing Bitcoin mining equipment. Via the company, you can mine for Dash,  Zcash, Litecoin, and Bitcoin. According to the website, there are more than 400,000 users worldwide. The Bitmain Company subsidiary Hashnest directs all miners to Antpool. Features: - Putting money into mining on these Cloud Bitcoin mining - A mobile app can be used to manage services. - The ability to exchange cloud investments for bitcoin with other users on a public market. This is straightforward to do from the user's account panel. - Daily earnings are deposited into user accounts. - The only form of payment accepted is Bitcoin. - Exchange hash rate or mining equipment. Pricing: Not available Minimum Investment: Not available Read the full article

[stock-cgcr]

With inflation in France and Spain beating expectations, markets are fully pricing in ECB rates peaking at 4%. U.S. stocks ended the day in the red, with the S&P 500 down 4.2 percent for February and the Nasdaq down 1.5 percent for the year, while the S&P and Nasdaq were down 2.6 percent and 1.1 percent for February and 3.4 percent and 9.4 percent for the year, respectively. Meta joined the "ChatGPT concept," up more than 3 percent on Tuesday to lead the tech sector, as the Nasdaq Golden Dragon China Index fell nearly 11 percent in February. The 10-year U.S. Treasury yield hit a four-month high before turning lower, rising nearly 40 basis points in February, while the two-year yield neared its highest in 15 1/2 years and rose 60 basis points in February. German bond yields hit their highest in more than a decade, and U.S. and European bond yields deepened inversely. Oil prices rose more than 2 percent to a one-week high in intraday trading, but U.S. crude oil fell more than 2 percent in February and is down for a fourth straight month, while European natural gas fell about 20 percent in February to a 1-1/2-year low. The dollar rose for the first time in five months, the yen hovered at a more than two-month low, bitcoin gained about 1 percent in February, Ethereum gained 3 percent, and both gained more than 30 percent in January. Spot gold fell more than 5 percent in February, its worst in nearly two years, while copper halted its three-month winning streak, aluminum, zinc, nickel and tin fell more than 10 percent and Chicago wheat fell five months in a row to a 17-month low.

[noisycollectivetyrant]

The Intermediate Guide to cryptocurrency investment advice

Advantages of Cryptocurrency

The primary benefit of Bitcoin and also most other cryptocurrencies based upon blockchain modern technology is that a lot of them lack a main authority, settlement cpu, or company owner. From this stems a number of other advantages, such as ease of deals, potential for higher return for traders, as well as even fairly good network protection. Considering that crypto networks have a tendency to be peer-to-peer, suggesting that individuals can transact Decentralization directly with each other. Allow's check out a few of the benefits of cryptocurrency in this crypto guide.

Easy Transactions: Crypto transactions can be made quickly, typically at an inexpensive, and in a reasonably personal manner. Utilizing a mobile phone app, equipment wallet, or exchange purse, nearly anybody can send out and receive a variety of cryptocurrencies. Some sorts of cryptocurrencies, including Bitcoin, Litecoin, and also Ethereum, can be bought with cash money at a Bitcoin atm machine. A checking account isn't constantly required to make use of crypto, so it's feasible that someone could buy Bitcoin at an ATM making use of cash money, after that send out those coins to their electronic pocketbook or phone. This might be a massive benefit for people who might do not have access to the standard economic system.

Relatively Secure: Because cryptocurrencies are rooted in cryptography and blockchain safety and security, decentralized cryptocurrencies often tend to produce safe and secure kinds of settlement. Because of this, the loved one security of cryptos might be among the most significant benefits for customers. Crypto safety and security, in huge part, is established by hash rate. The higher the hash rate, the more computing power is called for to compromise the network. Bitcoin is thought about to be the most protected cryptocurrency, as it has a tendency to have a higher hash price than various other networks. Keep in mind, though, that making use of a crypto exchange is only as secure as the exchange itself, however. Most incidents of crypto being hacked include exchanges being hacked or users making errors, like falling for phishing frauds.

Short Negotiation Times as well as Reduced Fees: While some people may just intend to buy cryptocurrency to take advantage of (potential) cost gratitude, others might discover advantage in the ability to make use of crypto as a circulating medium. Bitcoin and also Ether deals can range from a couple of cents, to several bucks or more. Various other cryptocurrencies, like Litecoin, XRP, and others, could be able to be sent for less. Settlements for most cryptos clear up within minutes, and also some within secs. Alternatively, cable transfers at banks can set you back dramatically extra, and usually take 3 to 5 service days to settle.

The Opportunity of Outsized Returns: Bitcoin has actually been just one of the best-performing possessions of the last 13 years. When it debuted in 2009, Bitcoin basically had no value, however in the complying with years, it would rise to a portion of a cent, and then ultimately to tens of thousands of bucks. This represents millions of percentage points' worth of gains. By comparison, the S&P 500 index of supplies returns approximately concerning 8% each year. Some altcoins have exceeded Bitcoin by wide margins at times, although many of those later saw their prices collapse. Gains like these could be among one of the most popular cryptocurrency benefits. The losses, on the other hand, may be among the most popular disadvantages. Which is essential to note, as crypto rates have fallen a fair bit, as of late. For instance, throughout 2022, Bitcoin's cost has fallen by greater than 60% as of September. That sort of volatility has identified rates in the crypto space, which has actually been one of the essential benefits of cryptocurrency for day traders as well as speculators, too. Capitalizing on the changes in cost can aid investors gain returns, even if costs drop.

[kudalek34love]

The 5 Cryptocurrencies You Should Invest In for November 2021

The cryptocurrency industry is still very much in its early stages of development, and its holdings are prone to extreme market volatility. When the price goes up, traders flock to the industry, but when the price drops, they suffer financially. However, seasoned crypto investors utilize different ways to profit from cryptocurrency. Its trading is by far the most mainstream way to yield profit, but it is especially dangerous owing to the significant volatility. However, due to the enormous growth potential of the cryptocurrency market, there are other viable ways to earn from them. Here are some profitable suggestions for crypto investment in November 2021 that may bring some good luck for you in the market.

1. Bitcoin

Bitcoin (BTC) is the first cryptocurrency launched in 2009, then under the alias Satoshi Nakamoto. BTC, like most cryptocurrencies, uses a blockchain platform, a distributed ledger that logs transactions over a web of thousands of servers. Bitcoin renders its investors tension-free as the system is well-safeguarded against frauds and scams. Making any changes to the distributed ledgers requires a confirmation that can be given only by answering a cryptographic problem- a process known as proof of work. Bitcoin's value has surged as it has gone mainstream. It used to cost around $500 five years ago. The price of a single Bitcoin struck above $43,000 on September 30, 2021. That's an increment of almost 8,600%.

2. Ethereum

Ethereum rules the hearts of program developers mainly because of its vast potential for applications. It comes with smart contracts that automatically come into effect after the necessary conditions are met. The cryptocurrency has borne a sharp growth in its prices that went from $11 to $3,000 in just five years. This 27,000% or plus hike has led crypto investors into believing that Ethereum is the currency of tomorrow.

3. Binance Coin

Binance Coin is a cryptocurrency that can trade and make payments on Binance's exchange platform, one of the world's largest cryptocurrency exchanges. The lucrative cryptocurrency leaped beyond mere deals on Binance's exchange platform ever since its debut in 2017. The coin can be employed for trade, transaction processing, and even travel bookings, and it can be swapped or sold for other cryptocurrencies like Ethereum or Bitcoin. What proves it as a fruitful investment of this year is its history of posthaste growth. It started at a value of $0.10 in 2017 and touched $382 by September 30, 2021- in just 4 years.

4. Cardano

Cardano is remarkable for being one of the first crypto projects that use proof-of-stake validation. By eliminating the aggressive, problem-solving part of transaction verification observed in cryptocurrencies like Bitcoin, this solution reduces transaction time, energy consumption, and environmental effect. Cardano functions akin to Ethereum in that it uses ADA, its native coin, to facilitate smart contracts and decentralized apps. In comparison to other leading cryptocurrencies, Cardano's ADA coin has increased modestly. The price of ADA in 2017 was $ 0.02, and in just 4 years, the price rose to $2.10 as of September 30, 2021, which indicates a growth of more than 10,500%.

5. Solana

Solana, one of the trendiest talks in the town of crypto, is an open-source platform that leverages blockchains' permissionless structure to facilitate DeFi systems on a grander scale. By merging proof-of-history consensus with the underpinning proof-of-stake consensus, it tries to enhance scalability. Its hybrid protocol provides the means for faster transactions and easy confirmation for executing smart contracts.

The arrival of Degenarte Ape NFT paid off well for Solana as it surged over 700% since July 2021, hitting an all-time high price above $60. On September 9 of this year, it outperformed many of its contemporaries and exceeded expectations by touching a stellar $216. Since then, it has been on the rise and proves itself a smart crypto investment in November 2021. 

Improved developer activity, greater institutional engagement, the developing DeFi network, and the emergence of NFTS and gaming platforms on Solana will all strive to attract investors. Those considering investing in Solana may be confident that the cryptocurrency will bring them valuable rewards in the foreseeable future.

Cryptocurrencies are not a get-rich-quick scam. Like regular stocks and bonds, cryptocurrencies are a novel virtual asset market that may be swapped or invested in for long-term gains. Having a market valuation of $2.61, the overall cryptocurrency sector is experiencing a bullish trend, fueled by the introduction of ProShares' first-ever Bitcoin ETF and substantial inflows of money in October. As a result, investors and traders will be eager to cash in on the bull market's gains this year.

[huobi-study-club]

Huobi Study Club: The ETH London upgrade comes, will ETH’s price surpass BTC’s?

Huobi Observation

The ETH Foundation has announced the latest updatesabout the London upgrade on July 15. This upgrade will be activated when the main network reaches a block height of 12,965,000 and the exact time is expected between August 3 and 5. In addition, proposals such as EIP-3529, EII-3198 and EIA-3541 will also optimize network performance, which will lay the foundation for future upgrades. The number of deposits of ETH2.0 deposit contract addresses are increasing.

Business Insider reported that Goldman Sachs predictedthe total market value of ETH could exceed Bitcoin over the next few years. The agency believes that ETH currently looks to be the crypto asset with its highest and potential practical usage as ETH has the most popular platform for developing smart contract applications.

Huobi Study Club believes that ETH holders are less willing to sell ETH currently. Before its implementation, the amount of ETH that locked in ETH 2.0 deposit contracts will continue to grow and the actual circulation will decrease. After the upgrade in London, ETH network performance is expected to be optimized, the level of Gas fees is going to reduce, which will contribute to the further development of its ecology. In addition, with the implementation of EIP-1559, theconstantly destroyed ETH will exacerbate the deflation.

However, Huobi Study Club considers it will be very difficult for ETH to beat BTC. Although the data shows that some ETH holders are less willing to sell, these holders are mainly a group with knowledge of blockchain technology and are relatively less compared to traders in the market. This group won’t control the price of ETH. The current performance of ETH in the secondary market is not as strong as expected, the trend is weak, even if there is such a good upgrade in London, but there is no significant boost. The technical threshold also objectively limits the mainstream funds to enter ETH in large scale. So the ETH price is hard to surpass BTC’s.

Huobi Newsflash

[ARK Fund increased 140,157 shares of GBTC yesterday]

According to the daily transactions, Cathie Wood's ARK Invest increased 140,157 additional shares of GBTC for ARK Next Generation Internet ETF on Tuesday. Previously, the company increased its stake by 310,000 GBTC on Monday.

[ETC is expected to have Magneto hard fork upgrade on July 24]

According to the Tokenview block browser, the Ethereum Classic (ETC) will undergo a hard fork upgrade called Magneto at block height 131,891,33. Magneto will include the Aether Berlin upgrade feature, which including a range of EIPs about optimized Gas and transactions. The current ETC block height is 13,170,164. Block interval is about 12.3 seconds. The upgrading is expected to reach the scheduled height around July 24.

[Tesla's $1.5 billion Bitcoin investment profit will vanish into nothing]

July 21, the US "Fortune" magazine estimated that Tesla (660.5, 14.28, 2.21%) has lost nearly $1.5 billion gains from investing in bitcoin as the price of BTS fell below $30,000. When BTC drops to $25,000, Tesla will suffer a $300 million loss, and it will rise to $500 million losswhen falls to $20,000. This loss nearly equals to Tesla's first-quarter pretax profit.

[Bank of America is encrypting ETPs for European hedge fund clearing and settlement]

Bank of America's prime brokerage unit has begun clearing and settling cryptocurrency exchange-traded products (ETPs) for hedge funds in Europe, according to three insiders.

[MakerDAO will move to completely decentralized]

As its founder, Rune Christensen promised before, the Maker Foundation announced that it was turning over the operation work entirely to its decentralized autonomous organization, Maker DAO. Christensen revealed in hisblog that the Maker Foundation will officially disband in the coming months, but there is no specific timeline.

Market analysis

BTC bottomed out and rallied to break the 30,000-point integer barrier

According to data from the Huobi Global, BTC rose rapidly during the day, up to 30,893.38 USDT. In the four-hour level picture, the K-line penetrated EMA 5, EMA 10 and EMA 20 continuously during the day, and the three EMAs have a strong uptrend. The K-line penetrated the middle rail of the Bollinger band during the day, and is located between the upper rail and the middle rail in the evening, near the middle rail, and the Bollinger band opening is tightened. DIF penetrated DEA during the day. It now lies above DEA and is trending upwards, both are negative. Volume is short-lived and the market may continue to rise slightly. On the daily level, BTC is up today. Keep an eye on the continuation of the uptrend and the breakthrough of 31000 above and 30000 below.

According to data from the Huobi Global, ETH rose rapidly during the day, up to 1882.00USDT, then fell slightly and is now located near 1870.00USDT. In the four-hour level picture, the K-line penetrated EMA 5, EMA 10 and EMA 20 during the day and continues to be located above, EMA 5 is trending upward, EMA 10 and EMA 20 tend to be flat. The K-line penetrated the middle rail of the Bollinger band briefly during the day and now continues to be located between the upper and middle rails, and the opening of the Bollinger band is starting to tighten. DIF penetrated DEA during the day, both of which are negative. Volume is relatively depressed. The market may move sideways and consolidate. On the daily level, ETH is up slightly today. In the evening, continue to pay attention to the continuation of the uptrend and the breakthrough of 1880 above and the support of 1800 below.

In terms of contracts, the data of Huobi Futures showed that the BTC contract position is relatively stable, the contract turnover is slightly decreasing, and the contract market is relatively active. The basis difference of the delivery contract is relatively stable. ETH contract position and contract volume decreased slightly, and the contract market is relatively active. The basis difference of the delivery contract was stable after fluctuation.

According to data from Huobi Study Club, today,the total locked position (TVL) of DeFi rose slightly to $72.15 billion today, and the real locked position rose slightly to $54.76 billion. Among the headline items, there was little change. Total Defi volume declined slightly today to $3.30 billion. Among them, Uniswap V2 dropped more, reaching 61.67%.

[cryptonewsmanuelakanji]

Rise Protocol

Rise Protocol — The next-gen hybrid rebase token

$RISE #ieo #blockchain #dot #bounty #defi #Rise #RiseProtocol #RebaseToken #FrictionlessYield #Rebases #DynamicPeg #blackhole #AutoLiquidity #AutoRewards.

Buy the RISE token

Rise Protocol is a fully compliant ERC20 token on the Ethereum network which can be purchased on Uniswap Exchange starting on February 11th, 2021 20:00 UTC.

Buy RISE at 16.40 USD

What is the Rise Protocol about ?

The world’s most advanced synthetic rebase token, Rise Protocol combines revolutionary tokenomics and features with the best and latest decentralized finance (DeFi) technology. Smart contract has already passed audits by CTDSec (professional auditing firm) and Shappy from WarOnRugs.

KEY FEATURES:

1. Rebase token.

If price of RISE is above peg price at 20:00 UTC, supply of RISE will increase and everyone will automatically receive additional RISE tokens into their wallet. If the price of RISE is 5% below the peg price for 3 consecutive days at 20:00 UTC, supply of RISE will decrease.

2. Dynamic peg.

Initially pegged to 0.01 ETH, RISE has the revolutionary ability to peg to any asset, class of assets, or calculated metric in the future based on investor/market sentiment.

3. Frictionless yield.

A portion of each and every transaction (except buys) is instantly distributed to all holders.

4. Auto-liquidity generation.

A portion of each and every sell is permanently locked into liquidity.

5. Auto-distribution of liquidity provider rewards.

A portion of each and every sell is automatically distributed to liquidity providers.

6. “Supermassive Black Hole”.

Publicly viewable burn address that accrues RISE through several mechanisms, scaling exponentially over time to provide incredibly powerful deflationary effects.

“Sustainable, Adaptable, Fair, and Secure”: these are the four tenets that Rise Protocol was built upon. Every aspect of the token, presale, smart contract, etc. was created with these core values in mind.

Many other DeFi projects sacrifice one or more of these values, which creates scenarios like ridiculously unfair advantages for early private investors, or generating short lived and temporary hype, or creating a rigid contract that has no ability to adapt or change to the ever evolving crypto market, or a contract that is subject to exploits.

How does Rise address these issues in DeFi?

1. Sustainable:

●  Powerful and unique “Supermassive Black Hole” deflationary concept that accrues and burns tokens through various different methods. Effects scale exponentially over time.

●  Auto-liquidity generation that permanently locks a portion of each transaction into liquidity, creating an ever increasing sell floor.

●  Initial rebase lag of 5. This means that if the price of RISE at time of rebase is 100% over the target price, we will receive a rebase for 20% (100% divided by 5).

●  “Supply adjustment” that will increase the price of RISE, but decrease the supply if the market price is below 5% of target price for 3 consecutive days during the rebase time.

2. Adaptable:

●  Rise has the revolutionary ability to peg to any asset, calculated metric, or asset class. Initially pegged to Ethereum for its importance in DeFi and for ease of understanding, this peg can be altered in the future through governance based on investor/market sentiment.

●  The smart contract was coded so that every parameter can be adjusted in the future through governance. Things like sales tax, transaction tax, burn percentage, liquidity provider rewards, rebase lag, etc. all have the ability to be adjusted. This gives RISE the ability to constantly adapt and change based on market conditions.

3. Fair:

●  Presale price will be 0.01 ETH, same as the Uniswap launch price.

●  Seed investors acquired Rise at 10% below launch price. However, 80% will be vested over the course of 1 month.

●  Unique smart contract feature allows us to enable Uniswap trading after liquidity has been added and presale tokens distributed. This will give everyone a fair playing ground once trading begins.

●  Maximum transaction size of 500 Rise for the first hour after Uniswap trading is enabled, preventing bot sniping and creating a fair environment for regular traders/investors.

●  Buy and sell tax helps prevent coordinated price manipulation. A portion of this tax is distributed instantly through frictionless yield to all holders based on holdings.

4. Secure:

●  The Rise contract has passed audits by CTDSec (a professional smart contract auditing firm) and by Shappy from WarOnRugs (highly respected owner of a community aimed at preventing rug pulls and scams in the crypto-sphere).

●  No need to transfer your tokens to a staking contract address in order to earn rewards! Frictionless yield allows you to hold your tokens in your own wallet for utmost security. You can watch as your balance grows with each and every transaction.

●  If you choose to provide liquidity, you will be rewarded through auto-distribution of liquidity rewards. Again, no need to send your LP tokens to a separate staking contract, simply hold your LP tokens in your own wallet and watch as their value increase over time.

●  Initial team provided liquidity will be locked before Uniswap trading is enabled.

TOKEN DISTRIBUTION:

●  Initial total supply – 100,000 RISE

●  Presale – 37,500 RISE

●  Initial Uniswap Liquidity – 30,000 RISE

●  Seed investors (vested over 1 month) – 25,000 RISE

●  Team funds (vested over 2 months) – 5,000 RISE

●  Development & Marketing – 2,500 RISE

PRESALE DETAILS:

Price: 1 ETH = 100 RISE

Whitelist registration will open on February 4th, 2021 20:00 UTC.

Whitelist link will be posted on our official Twitter and Telegram channels.

You must complete all tasks on the whitelist registration form in order to be accepted into the whitelist! The team will be reviewing every application to validate. The whitelist will close once 375 ETH have been pledged.

Make sure to register for the whitelist to guarantee an allocation in the presale! A public presale will not occur if all 375 ETH is pledged, and all whitelisted wallets contribute their pledged amounts.

●  Minimum pledge = 0.5 ETH, Maximum pledge = 4 ETH

Presale will take place across 2 rounds starting on February 7th, 2021 20:00 UTC, with the first round dedicated to those on the whitelist.

●  Round 1

(20:00 UTC – 21:00 UTC) – Whitelisted wallets only.

Whitelisted wallets will have 1 hour starting on February 7th, 2021 20:00 UTC to send in their pledges. Once the contribution period ends, transactions and wallets will be validated to ensure wallet addresses and contributed amount matches the whitelist. Any unclaimed RISE from the whitelist will then be available in a first come first served public presale.

●  Round 2

(22:00 UTC) – Public presale.

Any unclaimed RISE from the whitelist allocations will be made available to a public presale on a first come first served basis.

LAUNCH DATE/TIME:

RISE will launch on Uniswap and trading will be enabled on February 11th, 2021 20:00 UTC.

Rise Protocol Roadmap

The idea and concept

November 2020 – the project idea is born. Plans are drawn up and smart contracts are created.

Beta testing

December 2020 – Extensive testing on Ropsten testnet to ensure everything down to the smallest detail works as designed.

Token presale

January 2021 – Seed investors sale followed by a presale in February 2021 with 37500 Rise on offer.

Code audit and go live

February 2021 – Professional code audit and launch of Rise Protocol on Uniswap.

Q2 enhancements

Q2 2021 – New partnership announced to create additional transactions, generating more tokens for holders of Rise, utilizing frictionless yield. Launch of the governance platform.

Q3 enhancements

Q3 2021 – Implement Chainlink Price Oracles to further enhance the adaptable and dynamic peg function. Further enhance the rebase dashboard to pull in additional feeds.

Rise Protocol Team

Shuaps – Technical Lead, Project Management & Strategy

PBL00 – Branding, Strategy & Development

Jamie – Development, Auditing & Strategy

Andy – Website, Social Media & Community Manager

Radinho – Website, Social Media & Community Manager

CJ – Marketing

CryptKeep3r – Website, Social Media & Community Manager

PartnersHolder Finance

Holder Finance aims to become the best store of value token on the Ethereum network with a very low supply of only 1000 tokens being released over 10 years. Holderswap is the main product, a competitor to Uniswap and Sushiswap as a Decentralized Exchange that provides rewards for holders of the HFi token.

Official Resources:

Website: https://riseprotocol.io

Litepaper: https://riseprotocol.io/rise_litepaper

Twitter: https://twitter.com/RiseProtocol

Medium: https://medium.com/@riseprotocolofficial

Reddit: https://www.reddit.com/user/riseprotocolofficial

Discord: https://discord.com

Telegram: https://t.me/RiseProtocolOfficial

AUTHOR:

Bitcointalk Username: Manuel Akanji

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2954998

[capital-streetfx]

Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show restraint after a global stock market rally pushed many bourses to dizzying heights. The Shanghai composite is up 1.43% at 3,655.08. Overall, the Singapore MSCI up 0.35% at 333.95. Over in Hong Kong, the Hang Seng Index down 0.01% to 30,134. In Japan, the Nikkei 225 up 0.14% at 29,460, while the Topix index is up 0.55% at 1932.5. South Korea’s Kospi up 0.52% to 3100.58. Australia S&P/ASX 200 down 0.63% at 6806.7.

European equities Thursday closing. The DAX futures contract in Germany traded 0.77% up at 14040.91, CAC 40 futures down 0.02% at 5669.8 and the UK 100 futures contract in the U.K. up 0.07% at 6,528.7.

In U.S. on Wall Street, the Dow Jones Industrial Average closed 0.02% down at 31430.7 the S&P 500 up 0.17% to 3916.4 and the Nasdaq 100 up 0.58% at 13734.3, NYSE closes at 15297.08 up 0.15%.

In the Forex market, GBPUSD down 0.13% at 1.37971. The USDJPY up 0.10% at 104.84. The USDCHF up 0.05% at 0.89034. EURUSD flat at 1.21277, EUR/GBP up 0.15% at 0.87894. The USD/CNY down 0.05% at 6.4542, at the time of writing.

In the commodity market U.S. Gold futures down 0.15% at $1,822.51. Elsewhere, Silver futures up 0.46% to $27.08 per ounce, Platinum down 0.88% at $1223.14 per ounce, and Palladium up 0.19% to $2,356.0.

Crude Oil down on Friday; Brent crude oil down 0.25% to $60.69 barrel while U.S. West Texas Intermediate (CLc1) is down 0.35% at $57.52.

In the Cryptocurrency Markets, BTCUSD at 47107.62 down 1.82%, Ethereum at 1752.46 down 2.00%, Litecoin at 181.39 down 1.44%, at the time of writing.

TOP STOCKS TO WATCH OUT TODAY:

MICRON Tech. up 5.015% at $86.48, KRAFT HEINZ Co. up 4.869% at $35.54, WESTERN DIGITAL up 5.903% to $63.955, PEPSI Co. Inc. down 1.983% to $134.97, NIKE Inc. up 0.758% to $143.54, NVIDIA. Corp. up 3.295% at $610.03.

Economic news:

US: A slower-than-expected vaccine rollout and the rise of coronavirus variants may make attaining herd immunity against COVID-19 difficult, but that should not stop the economy from rebounding, according to a U.S. central banker Thursday.

“I don’t think the economy requires herd immunity,” Richmond Federal Reserve Bank President Thomas Barkin told Reuters Thursday. “Consumers who get vaccines, who have money in their pockets…are going to be free to spend,” he said.

Analysts have long predicted economic activity will pick up as more people are vaccinated, but hopes for a quick path to a fully immunized populace have faded amid vaccine shortages and other roadblocks. President Joe Biden said earlier this week it will be “challenging” for the economy to reach herd immunity by summer’s end. Barkin’s remarks signal a growing understanding that an economic rebound and an ongoing pandemic are not mutually exclusive realities.

Eurozone: The euro zone economy is in double-dip recession amid lockdown restrictions due to a resurgence in coronavirus cases, according to a Reuters poll of economists, who said the risks to their already weak outlook was skewed more to the downside.

Given delays to the European Union’s vaccine roll-out and concerns about new coronavirus variants supporting current lockdowns, stalled economic activity and rising unemployment pose a serious threat to any expected recovery.

Only last month the economy was predicted to make a sharp recovery and grow 0.6% this quarter after shrinking 0.7% in Q4.

Important Data: UK GDP (QoQ) (Q4) today at 2:00 this time estimated 0.5%, previously which was 16.0%. UK Manufacturing Production (MoM) (Dec) today at 2:00 this time estimated 0.5%, previously which was 0.7%. RUSSIA Interest Rate Decision (Feb) today at 5:30 previously which was 4.25%. US Federal Budget today at 14:00 previously which was at -430.0B.

Read Full Report Click Here Crypto Technical Analysis

[cyberbouquetsthings-blog]

ΒitСoin For Newbies: BitCοinѕ

Generate Passivе earnings - Minе Ethereυm, Zcash and much more! Quick setup & shipments within fourteen days. Exploration cryptocoіns is actually weapon competition thаt benefits аdopters which happen to be very early. You could have heard about Вitсoіn, initial сryрtocurrency that iѕ deсentralіzed premiered during early 2009. Comparable electronic currencies posses crept to the markets this is certainly global then. Ethеreυm and ZCаsh are a couple of Scrypt-bаsed crуptocυrrencies which are the coѕt-bеnefіt this is certainly ideal for novices. Someone mіght build from around ten to fifteen bucks per time USD utilizing customer degree exploration devices in the existing property value Ethereum. I've developed a few thоuѕand bucks income (USD) within the last few couples of months from starting my own personal Сrytoсurrency exploration Rіgs for me. 80 billion matter: What makes Bitcοin and Ethereum expanding rapidly? Only a little over 8 weeks before, Bitcoin realized a milestone this is certainly ѕymbolic After a rigorous period increases, the cost of one genoil zec miner nvidia exceeded the asking price of an oz of silver.

But it happens to be integrating with Νeosurf as well as its 100,000 additionally storage which happens to be neighborhood, as well as the Bіtcοin business, is currently likely to broaden the circle to as much as 150,000 store shop. Тhiѕ represents the start of a level that will be brand-new the Parisian-baѕed business of 5, which includes combined with submission circle professional Flexеpin, to introduce caѕh-for-Bitсoіn buying in more 15,000 efficiency shop in Canаdа and Australian Continent. Visit Chief Executive Officer Νicolаs Katan asserted that the continuous team is eager first of all increasing іts Βitcoіn-bу-caѕh shopping for the provider to Australian Continent аnd Сanada as a way to boost how big is the system. Bitіt additionally undertoоk your decision this is certainly proper mate with Cashlib, available today in France. Today, Bitсoin is defined as spreading into greater utilization in France as Bit was allowing the cryptoсurrency getting bought through Сashlib vouсhers and its particular 35,000 sites. “Bitcoin by earnings marketplace is recently inexperienced. Vouchers repayment practices permit us too much better issues which happen to be mіtigatе keep your charges down. He includes: “Now French υsers could have the decision to have Bіtcοin either throυgh Neosurf or Cаshlib. 500 eаch. As soon as a person aсquires it, they simply want to go into the coupon code on Bitit websites аnd get it in Bitсoins. The bitcoinѕ is immediately delivered υpon verification of this coupon signal. Match towards the build of a MasterCard scam, customers currently have a significantly better instrument to guard their own identification. Βy perhaps not revealing their unique info online, there's no necessity to get a bank card or simply a banking account for any purchase. Additionally, it is quite simple to make use of. Certainly, whatever might be much better than purchase one’s bitcoinѕ which happen to be very own through a mag at the spot shop? People make their unique order that will be bitсoin at times that meets all of them within their district. They're able to today change bеtwеen three νouchers, pick the appreciate and get it in Bitcoіns from the program that will bite. 

30 on Αmazon(аlready sold-out). I'll hand it up to you totally free. 5 large spending Bitcoin possibilities your now it's not really what you might think that one can begin taking advantage of within ten full minutes of reading this article guide - and I’ll inform. How exactly to make a Вitcoin this is certainly lucrative businesses without rіsking any cash or throwing away considerable time. Тhe strategy that will be a specific journalist familiar with developing his or her own company (99Bіtcoinѕ) which you can only duplicate and pаste your very own tip. 2 new skills produced that will permit you to create income in just a few days. A summary of 16 different Bіtcoіn companies like I did so. 3 little-known strategies that will enable one to present people to your company with zеro funds that one can work in just. It doesn't matter the price tag on Bitсoin, whether it is rising or lower, aѕ a Bitсoin individual, you shall constantly generate income. The greater terms that will be bitcoіn оr lower), the greater number of you could make more cash. It's your possibility today! That knows what's going to occur in a through today season? Specifically subsequently, therefore, the marketplace volatilіty sinks if everyone else is the owner of Bitcoins by? It's about time waiting for line іn with this silver this is certainly electronic. Τhe silver rush is finished, you have attained tens and thousands of cash having a little onetime financial by the point!

Bitcοin has arrived to remain but also, LUΝO has arrived to remain, it really is never ever too late to become listed on the practice. This can be among the many sυreѕt how to obtain monetary separate in no length energy. Now gеt on the panel. It's really worth much more thаn that. But I would like a lot more people to become listed on eCommerce and also by thus starting, we're going to collectively earn more income. Never simply pick Bitсoin and then leave within the budget, permit your own Bіtcoin to be right for you. LUNO еxchange аnd substantially more. You'll also get obtaining guidelines which can be everyday aid frοm me personally. Additionally, you get videos that will be no-cost demo ideas on how to exchange οn Lυno and the ways to evaluate terms development. Aftеr checking out the guide and also the movie guide, I'll continually be accessible to offering aid that will be furthermore both you and address any matter it's likely you have. As well as that, you shall understand this guide also known as "My personal Grimey tiny Bitcоin strategies" no-cost.

[bowsetter]

Markets Update: BCH Maintains Strong Lead as Crypto Prices Record Slight Pullback

Cryptocurrency markets saw some significant gains over the last two days, but prices on Thursday have started to pull back from this year’s all-time highs. When the spikes first initiated, bitcoin cash (BCH) led the pack out of the top 10 cryptocurrencies and still maintains a lead with over 75 percent worth of gains for the week.

Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1

Crypto Prices Fall Back After Touching 2019’s All-Time Highs

Digital assets prices lifted in value significantly this week, making cryptocurrency enthusiasts extremely happy again after more than a year of depressing market sentiment. Now things have changed, and the overall cryptocurrency market cap is about $172 billion today, roughly $8 billion less than April 3rd’s highs. Bitcoin core (BTC) is averaging around $5,036 per coin at press time and is up 0.34 percent since yesterday. BTC also has a weekly advantage as the currency is up roughly 23 percent over the last seven days. It’s also worth noting that the bitcoin dominance metric, the size of BTC’s market cap in comparison to the rest of the cryptoconomy, has dropped to 50 percent.

The second highest valued market cap belongs to ethereum (ETH) which is down 3.9 percent today and trading for $162 per ETH. Ripple (XRP) markets have also dropped significantly by 5 percent during the last 24 hours. XRP is trading for $0.34 a token and its market is still up by 10 percent for the week. Lastly, the fifth market position now belongs to litecoin (LTC) after being nudged out by bitcoin cash (BCH) on Wednesday. LTC is trading for $87 per coin and is still up today by 1.9 percent and 42 percent over the last seven days.

Bitcoin Cash (BCH) Market Action

Bitcoin cash (BCH) markets hold the fourth position today within the top 10 coins in the cryptoconomy. BCH spot prices are still up 6.8 percent today and roughly 77 percent for the entire week. At press time BCH is trading for $302 per coin and has a market capitalization of around $5.35 billion. Market statistics show that BCH is the sixth most traded coin by trade volume below EOS and above XRP. The top five exchanges swapping the most BCH on April 4 are Lbank, Binance, Huobi, Bitfinex, and Coinbase. USDT is still the dominating pair traded with BCH today, capturing 47 percent of trades. Tether pairs are followed by BTC (25%), USD (16%), KRW (4.8%), EUR (2.3%), and JPY (1.9%). Just a month ago BCH global trade volume was a mere $500-800 million per day and now trade volume is roughly $3.9 billion over the last 24 hours.

BCH/USD Technical Indicators

Looking at the 4-hour BCH/USD chart on Bitstamp and Kraken shows BCH bulls are in the midst of being beaten back after a big jump on Wednesday. Currently, most oscillators are neutral except for the Relative Strength Index (~89), which is still showing overbought conditions. Stochastic is a bit high at ~78, but still impartial, while the MACd momentum oscillator shows that markets are overbought and a deeper pullback may be on the cards. The two Simple Moving Averages (100 SMA and 200 SMA) and most moving averages like the EMA show markets are still in the buy territory.

The 4-hour chart shows the 100 SMA is still above the long-term 200 SMA trendline indicating the path toward the least resistance is still the upside. Ichimoku Cloud (9, 26, 52, 26) baseline is impartial at the moment as most indicators currently display a mixture of support and resistance at the time of publication. Order books show some heavy sell walls between the $350 range and even bigger near the $400 region. On the backside, if bears gain some control we will likely see some pitstops between $250 and $215.

The Next Bull Run: This Time Around Scaling Will Matter

Overall cryptocurrency enthusiasts are still exuberant about the rising prices even after some small corrections. On Wednesday, BCH supporters were pleased to see BCH rocket ahead of most coins in the economy, believing it was due a trend reversal. Some crypto enthusiasts think that BTC’s failure to scale will cost the network considerably during the next bull run.

Furthermore, many BCH supporters think bitcoin cash is undervalued at the moment compared to coins that have difficulty scaling when crypto interest rises. On Wednesday, Bitcoin.com CEO Roger Ver said he thinks people will see more demand for BCH going forward. This is because the cryptocurrency just works and its ability to transact in a censorship-resistant manner for less than a penny per transaction outpaces the competition.

“People love to use cash as a store of value — Since bitcoin cash works like cash, it also works as a store of value,” Ver noted during the market spike yesterday. “I think we’ll continue to see bitcoin cash outperform bitcoin core.”

What do you think about the massive spike BCH markets witnessed over the last two days? Let us know what you think in the comments section below.

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”

Images via Shutterstock, Trading View, Bitstamp, Bitcoin.com Markets, and Coinlib.io.

Want to create your own secure cold storage paper wallet? Check our tools section.

  The post Markets Update: BCH Maintains Strong Lead as Crypto Prices Record Slight Pullback appeared first on Bitcoin News.

READ MORE http://bit.ly/2YOaW7A

[bitmex-official]

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed on a blockchain without any possibility of downtime, censorship, fraud or third party interference. The project is developed by the Ethereum Foundation. The Ethereum currency is denominated by the currency code ETH and is commonly referred to as Ether. Further information about ETH and the Ethereum Project can be found here. BitMEX currently offers two types of ETH derivative products for traders. The first is in the form of an Ether / Bitcoin (ETH/XBT) Futures Contract and the second is in the form of an Ether / USD (ETH/USD) Perpetual Contract. Futures Contracts How Are ETHXBT Futures Quoted? Margin and Leverage Settlement ETHXBT Futures Contract Example Perpetual Contracts How Is The ETHUSD Perpetual Contract Quoted Margin and Leverage Settlement ETHUSD Perpetual Contract Example Trade Inception Trade Expiry Futures Contracts On BitMEX, the ETH Futures Contract allows traders to speculate on the future value of the Ether / Bitcoin (ETH/XBT) exchange rate. Traders need not have Ether to trade the futures contract as it only requires Bitcoin as margin. How Are ETHXBT Futures Quoted? The ETH futures’ underlying is the ETH/XBT exchange rate on Poloniex, Kraken and Binance as recorded in the .BETHXBT Index. The futures are quoted in Bitcoin and all margin and PNL calculations are denominated in Bitcoin. Contract Calculations Multiplier 1 XBT Contract Value Multiplier * Futures Price * 1 ETH USD Contract Value XBT Contract Value * XBTUSD PnL Calculation # Contracts * Multiplier * (Exit Price - Entry Price) Traders who think that the price of ETH will rise will buy the futures contract. Conversely, traders who believe the price will drop will sell the futures contract. Margin and Leverage All margin is posted in Bitcoin, that means traders can go long or short this contract using only Bitcoin. The ETH futures contracts feature a leverage of up to 50x. For example, to buy 50 Bitcoin worth of contracts, you will only require 1 Bitcoin of Initial Margin. Settlement The ETH futures contracts settle on the .BETHXBT30M Index Price. Settlement will occur on the last Friday of the Settlement Month. ETHXBT Futures Contract Example A trader wants to goes long 10 XBT of ETH futures contracts. ETHU18 (the ETH futures contract expiring in September 2018) trades at 0.0500 XBT. As the leverage is 50x, the trader only needs 0.2 XBT of margin for this trade. The trader must buy 200 contracts: 10 XBT / (0.0500 XBT * 1). A few days later, the price rises to 0.0550 XBT and the trader sells all their contracts. The trader’s profit will be: 200 * 1 * (0.0550 - 0.0500) = 1 XBT Perpetual Contracts Currently BitMEX only accepts Bitcoin as collateral. That that means margin, profit, and loss must be paid or received in Bitcoin. However, through the use of financial engineering, BitMEX can give users exposure to any underlying price using a derivative called a Quanto. A Bitcoin Quanto ETH/USD contract has a fixed Bitcoin multiplier regardless of the USD price of ETH. This allows the trader to go long or short the ETH/USD exchange rate without ever touching ETH or USD. The trader will post margin in Bitcoin, and make or lose Bitcoin as the ETH/USD exchange rate changes. How Is The ETHUSD Perpetual Contract Quoted Contract Calculations Bitcoin Multiplier per 1 USD 0.000001 XBT XBT Value ETHUSD Price * Bitcoin Multiplier USD Value XBT Value * .BXBT Spot Price ETH Value XBT Value / .ETHXBT Spot Price Bitcoin PNL Calculation (ETHUSD Exit Price - ETHUSD Entry Price) * Bitcoin Multiplier * # Contracts Margin and Leverage All margin is posted in Bitcoin, that means traders can go long or short this contract using only Bitcoin. The ETHUSD Perpetual Contract feature a leverage of up to 50x. For example, to buy 50 Bitcoin worth of contracts, you will only require 1 Bitcoin of Initial Margin. Settlement As the ETHUSD contract is perpetual, there is no settlement. Marking for Unrealised PNL and Liquidation purposes are done according to the Fair Price Marking system. Note also: since this product is a perpetual contract, funding occurs every 8 hours. Please see the Funding Section in the Perpetual Contracts Guide for information, and for the current rates please see Funding Calculation in the ETHUSD Contract Specifications. ETHUSD Perpetual Contract Example BitMEX Derivative: ETHUSD Perpetual Swap Contracts: 10,000 Bitcoin Multiplier per 1 USD: 0.000001 XBT .BXBT Spot Price: $10,000 ETHUSD Swap Price: $500 .ETHXBT Spot Price: 0.05 XBT Trade Inception Jaewon and Wang trade the ETHUSD Perpetual Swap against each other for 10,000 contracts. Jaewon goes long, and Wang goes short. For each 1 USD move, the contract pays out 0.000001 XBT; this is called the Bitcoin multiplier. They agree that each side can use 50x leverage, which means they post 2% initial margin to BitMEX to initiate the trade. To calculate the Bitcoin margin, they first calculate the Bitcoin value of their ETHUSD Quanto Swap. XBT Value = ETHUSD Price * Bitcoin Multiplier * # Contracts 5 XBT = $500 * 0.000001 XBT * 10,000 Initial Bitcoin Margin = 5 XBT * 2% = 0.1 XBT They both like to think in ETH terms at any given ETHUSD price. On the BitMEX Position Table, they are able to view the current value of their position in ETH terms. ETH Value = XBT Value / .ETHXBT Spot Price 100 ETH = 5 XBT / 0.05 XBT They notice that the ETH value can change either when the ETHUSD price changes, or when the .ETHXBT spot price changes. The only fixed number in a Quanto derivative is the multiplier. The ETH and USD value will change as the ETHUSD, .BXBT, and .ETHXBT prices change. Trade Expiry The ETHUSD swap price rises to $505, let’s compute Jaewon and Wang’s Bitcoin PNL. Bitcoin PNL = (ETHUSD Exit Price – ETHUSD Entry Price) * Bitcoin Multiplier * # Contracts Jaewon Bitcoin PNL = ($505 - $500) * 0.000001 XBT * +10,000 = 0.05 XBT Profit Wang Bitcoin PNL = ($505 - $500) * 0.000001 XBT * -10,000 = 0.05 XBT Loss Notice that the only variable that affects the PNL is the movement of the ETHUSD price. Neither the .BXBT, nor the .ETHXBT exchange rate affect either trader’s PNL.

[extreme-investor-network]

Bitcoin and Ether Tumble. A Successful ‘Merge’ Can’t Outweigh Macro Pressures.

BitcoinBTCUSD –0.79% , EtherETHEUR –3.45% , and other cryptocurrencies tumbled as traders “sold the news” after the successful completion of a long-awaited upgrade to the Ethereum blockchain network. Macro factors were adding more downward pressure on digital asset prices. The price of Bitcoin has fallen 3% over the past 24 hours to $19,750. The largest digital asset plunged through the psychologically important $20,000 level, which has for months held up as a price point at which traders have been willing to buy. The price of EtherETHUSD –3.45%  —the native token of the Ethereum blockchain network—shed 10% to $1,475. The hotly anticipated upgrade to Ethereum, known as “The Merge,” was successfully completed early Thursday, which initially gave digital asset markets a lift. The upgrade is designed to slash the blockchain network’s carbon footprint and usher in new ways for investors to earn a steady yield on their holdings—both of which are expected to boost long-term prices. But that wasn’t the case in the short-term. “Crypto traders are often used to ‘sell the event’ reactions in the cryptoverse and this Merge proved to be another example of just that,” said Edward Moya, an analyst at broker Oanda. “Ethereum is down significantly and volatility should remain elevated into the weekend.” The macro environment wasn’t helping matters. While Bitcoin and its peers should theoretically trade independently of mainstream finance, tokens have shown themselves to be similarly vulnerable to macro pressures and swings in investor sentiment as other risk-sensitive assets, like stocks. The latest crypto selloff began Thursday and continued into Friday in tandem with declines seen in the stock market, with the Dow Jones Industrial Average and S&P 500 both sliding lower amid renewed fears around inflation and the prospect of recession. “It was another synchronised selloff,” said Jim Reid, a strategist at Deutsche Bank. “Investors moved to price in yet more rate hikes from central banks, raising market fears about a hard landing ahead.” A hard landing refers to a scenario in which central banks are able to get inflation under control, but not without avoiding a recession. Facing the highest inflation in 40 years, the Federal Reserve has aggressively tightened financial conditions this year, including delivering the largest interest-rate hikes in decades. This hawkish shift has knocked both stocks and cryptos this year. A souring of investor sentiment came in the wake of inflation data this week that showed rising prices remain salient—paving the way for even tighter monetary policy from the Fed, which meets next week to decide its next move. Abysmal quarterly earnings from FedEx (ticker: FDX), which is seen as a bellwether for the global economy, have further raised the fears of investors about a worldwide economic slowdown. All this has not boded well for cryptos. Despite hype around the Merge, Bitcoin has seen its worst three-day stretch since a dramatic mid-June selloff knocked it down from $30,000, and Ether is in the midst of its longest losing streak in a month. Beyond Bitcoin and Ether, altcoins—or smaller cryptos—were similarly weak. Solana dropped 5% and Cardano was 3% lower. Memecoins fared much the same, with DogecoinDOGEUSD –0.04%  and Shiba InuSHIBUSD –2.03%  each down 2%. Original Article Here: Read the full article