#bitmex funding rates

[secretstime]

[bitcoincables]

Bitcoin and Crypto Market Braces for Potential Financial Crisis and Paradigm Shift

Bitcoin and cryptocurrency prices have bounced back from their 2022 price crash, and there are expectations of a "paradigm shift" in the US dollar that could impact the financial system. The bitcoin price has increased by approximately 80% over the past year, and JPMorgan has recently made a surprising bitcoin price prediction. Interestingly, Donald Trump has shown support for bitcoin and crypto in a quiet manner, and it is anticipated that the US Federal Reserve might end its funding support for banks, potentially leading to a financial crisis.

The upcoming historical halving of bitcoin is also expected to cause price fluctuations in the crypto market. Arthur Hayes, the founder of Bitmex, has made a short-term bitcoin price prediction, projecting it to be between $30,000 to $35,000 before bouncing back later in the year. Hayes believes that the Fed will have to resort to measures like rate cuts, tapering of quantitative tightening, or resumption of money printing via quantitative easing to deal with the financial crisis. In contrast, Hayes argues that bitcoin's price action indicates that he is correct and the Fed is wrong, as the Fed is reportedly afraid of inflation.

The Fed has confirmed that it will end its $160 billion bank term funding program in March, which was created to address the banking crisis caused by the Fed's interest rate hikes and inflation. Hayes predicts that banks will continue to struggle until rates are lowered and that they cannot survive without government support through the bank term funding program. On the other hand, bitcoin and crypto traders, who have been closely following the Wall Street bitcoin exchange-traded fund (ETF) drama, are now shifting their focus away from tracking bitcoin ETF flows. They believe that despite potential disappointments in bitcoin ETF inflows, the macro environment will remain supportive in 2024, particularly due to the constructive fiscal response expected during the US election cycle.

[Read More]

Hashtags: bitcoin, cryptocurrency, financialcrisis, donaldtrump

[topfxbrokersreview]

BitMEX Exchange Review: Is BitMEX Legit?

BitMEX is a decentralized exchange that trades Bitcoin and other cryptocurrencies. It is a platform that allows anyone to trade in cryptocurrencies without using a broker. BitMEX has been very successful in the crypto markets, and it has already become one of the largest cryptocurrency exchanges.

BitMEX is a large, well-known, and trusted cryptocurrency exchange. It has over 200 employees and partnerships with renowned soccer brand AC Milan along with some other corporate partners. These include hardware wallets, credit cards, including Visa, MasterCard, etc.

The exchange offers high levels of security and privacy for its users. Further, they have been around for quite some time and have been doing well in the digital currency market.

So, all these support that BitMEX is a legit and safe crypto exchange out there.

BitMEX Review: Available Cryptocurrencies at BitMEX

BitMEX is a platform that allows traders to get access to an exclusive range of cryptocurrencies. This is done by providing them with access to the price charts, indicators, and various technical analysis tools. The platform allows you to trade more than 18 cryptocurrencies.

Top cryptos at BitMEX are-

Bitcoin (BTC)

Dogecoin (DOGE)

Ethereum (ETH)

Litecoin (LTC)

Binance Coin (BNB)

Bitcoin Cash (BCH)

Polkadot (DOT)

Cardano (ADA)

Shiba Inu (SHIB)

Solana (SOL)

Avalanche (AVAX)

BitMEX Review: Trading Overview

BitMEX offers a wide range of products through its trading platform. Let's take you through a brief trading overview of BitMEX.

BitMEX Contracts

BitMEX is a digital asset exchange that offers a few contracts to trade which includes perpetual contracts and futures contracts.

Perpetual Contract

A perpetual contract is a type of derivative that never expires. When a futures contract is set to expire, a new one is created with the same terms, and then the old one will be liquidated. However, with a perpetual contract, no new contract is written after its initial inception. It does not have an expiration date, so it will last until the holder of the position decides to close out their position themselves, or they are forced to liquidate by BitMEX.

Perpetual contracts on BitMEX have interest rates attached to them, which makes them completely different from future contracts. It has an interest rate component that goes back into fee generation for BitMEX as long as you keep your position open (the longer you hold it, the more fee generation).

Perpetual contracts allow each party to be confident in the relationship's stability and can help avoid misunderstandings or disputes that could disrupt the business.

BitMEX Exchange Review: Future Contract

BitMEX's future contract is a derivative that requires the underlying asset to be delivered in the future. It's important to note that this is not necessarily on a specific date but is more of an event-driven approach because when deciding whether or not you are going to enter into a position with futures contracts, there are time elements involved with when it is "settled" in contrast to perpetual contracts which have no settlement date. A good example of this difference would be if the price was $100/BTC today. If I am entering into a long futures contract at these prices, I will need to pay 0.025 BTC ($2.50) initial margin (initial deposit). Once I go long, say the price goes up to $101/BTC. I could then close my position on that futures contract and keep the $1 of gains (fewer fees). If this happens before the settlement date (when it's actually delivered) of the futures contract, I get to keep these funds without waiting for settlement.

The settlement time isn't set in stone, but if you enter into a new futures contract with an expiration date of today. The settlement date (again, when it's actually settled) will most likely be tomorrow or maybe next week, depending on the prevailing market conditions.

To understand more about BitMEX's future contract, you will need to know some mechanics such as multiplier, position marking, initial and maintenance margin, settlement, and basis.

BitMEX Margin Trading

BitMEX is a Bitcoin Mercantile Exchange. It is a platform for trading derivatives such as futures contracts and perpetual contracts. BitMEX allows traders to trade with up to 100x leverage.

BitMEX is one of the most popular Bitcoin exchanges in the world. BitMEX margin trading features allow traders to borrow funds to trade bitcoins. Traders can trade bitcoins with up to 100x leverage. This means that for every $1 a trader deposits, they can trade up to $100 worth of bitcoin.

BitMEX margin trading also displays all of the current buys and sell orders. The order book is updated in real-time, so you can always see the latest prices. BitMEX margin trading is a great way to maximize your profits. With up to 100x leverage, you can make a lot of money in a short amount of time. However, it also has the same amount of risk too.

BitMEX Exchange Review: How Much Are BitMEX Fees?

BitMEX now has a lower fee structure. They have lowered the Taker fee to 0.05% on all the products while the maker rebate is 0.01% throughout the platform. Nevertheless, these fee structures are standard for BitMEX. Maker -0.01%, Taker-0.05% and Net 0.04%.

BitMEX Review: Minimum Deposit

BitMEX doesn't have any fixed minimum deposit amount. It depends on the products and the initial margin. For example, for XBTUSD, the minimum deposit amount is $0.01, which is calculated as $1 USD * 1% (Initial Margin). So, the $600 XBT/USD price will be 0.00001667 XBT.

BitMEX Exchange Review: How to Trade on BitMEX?

With a Hong Kong base office and other headquarters, BitMEX has opened its doors to thousands of crypto traders from over 190 countries. Trading on BitMEX is easy, and you can go through the following guideline.

The first thing you need to do before trading on BitMEX is to create an account. This can be done on the BitMEX website. Once you have created your account, you will need to deposit funds into your account in order to trade. To deposit funds, you can use Bitcoin or XTB/USD. Once you have deposited funds into your account, you can start trading.

The first order you will want to place is a buy order. To do this, you will need to select the order type, the symbol, and the quantity. You will also need to enter the price you are willing to pay for the asset. Once you have entered all of the information, click on the buy button. If the order is filled, you will receive the asset at your specified price. If the order is not filled, it will remain open until it is either filled or canceled.

Now that you know how to trade on BitMEX, you can start trading the assets you are interested in. Remember to always use a stop loss to protect your investment.

[forextrade24]

BitMEX Exchange Review: Is BitMEX Legit?

BitMEX is a decentralized exchange that trades Bitcoin and other cryptocurrencies. It is a platform that allows anyone to trade in cryptocurrencies without using a broker. BitMEX has been very successful in the crypto markets, and it has already become one of the largest cryptocurrency exchanges.

BitMEX is a large, well-known, and trusted cryptocurrency exchange. It has over 200 employees and partnerships with renowned soccer brand AC Milan along with some other corporate partners. These include hardware wallets, credit cards, including Visa, MasterCard, etc.

The exchange offers high levels of security and privacy for its users. Further, they have been around for quite some time and have been doing well in the digital currency market.

So, all these support that BitMEX is a legit and safe crypto exchange out there.

BitMEX Review: Available Cryptocurrencies at BitMEX

BitMEX is a platform that allows traders to get access to an exclusive range of cryptocurrencies. This is done by providing them with access to the price charts, indicators, and various technical analysis tools. The platform allows you to trade more than 18 cryptocurrencies.

Top cryptos at BitMEX are-

Bitcoin (BTC)

Dogecoin (DOGE)

Ethereum (ETH)

Litecoin (LTC)

Binance Coin (BNB)

Bitcoin Cash (BCH)

Polkadot (DOT)

Cardano (ADA)

Shiba Inu (SHIB)

Solana (SOL)

Avalanche (AVAX)

BitMEX Review: Trading Overview

BitMEX offers a wide range of products through its trading platform. Let's take you through a brief trading overview of BitMEX.

BitMEX Contracts

BitMEX is a digital asset exchange that offers a few contracts to trade which includes perpetual contracts and futures contracts.

Perpetual Contract

A perpetual contract is a type of derivative that never expires. When a futures contract is set to expire, a new one is created with the same terms, and then the old one will be liquidated. However, with a perpetual contract, no new contract is written after its initial inception. It does not have an expiration date, so it will last until the holder of the position decides to close out their position themselves, or they are forced to liquidate by BitMEX.

Perpetual contracts on BitMEX have interest rates attached to them, which makes them completely different from future contracts. It has an interest rate component that goes back into fee generation for BitMEX as long as you keep your position open (the longer you hold it, the more fee generation).

Perpetual contracts allow each party to be confident in the relationship's stability and can help avoid misunderstandings or disputes that could disrupt the business.

BitMEX Exchange Review: Future Contract

BitMEX's future contract is a derivative that requires the underlying asset to be delivered in the future. It's important to note that this is not necessarily on a specific date but is more of an event-driven approach because when deciding whether or not you are going to enter into a position with futures contracts, there are time elements involved with when it is "settled" in contrast to perpetual contracts which have no settlement date. A good example of this difference would be if the price was $100/BTC today. If I am entering into a long futures contract at these prices, I will need to pay 0.025 BTC ($2.50) initial margin (initial deposit). Once I go long, say the price goes up to $101/BTC. I could then close my position on that futures contract and keep the $1 of gains (fewer fees). If this happens before the settlement date (when it's actually delivered) of the futures contract, I get to keep these funds without waiting for settlement.

The settlement time isn't set in stone, but if you enter into a new futures contract with an expiration date of today. The settlement date (again, when it's actually settled) will most likely be tomorrow or maybe next week, depending on the prevailing market conditions.

To understand more about BitMEX's future contract, you will need to know some mechanics such as multiplier, position marking, initial and maintenance margin, settlement, and basis.

BitMEX Margin Trading

BitMEX is a Bitcoin Mercantile Exchange. It is a platform for trading derivatives such as futures contracts and perpetual contracts. BitMEX allows traders to trade with up to 100x leverage.

BitMEX is one of the most popular Bitcoin exchanges in the world. BitMEX margin trading features allow traders to borrow funds to trade bitcoins. Traders can trade bitcoins with up to 100x leverage. This means that for every $1 a trader deposits, they can trade up to $100 worth of bitcoin.

BitMEX margin trading also displays all of the current buys and sell orders. The order book is updated in real-time, so you can always see the latest prices. BitMEX margin trading is a great way to maximize your profits. With up to 100x leverage, you can make a lot of money in a short amount of time. However, it also has the same amount of risk too.

BitMEX Exchange Review: How Much Are BitMEX Fees?

BitMEX now has a lower fee structure. They have lowered the Taker fee to 0.05% on all the products while the maker rebate is 0.01% throughout the platform. Nevertheless, these fee structures are standard for BitMEX. Maker -0.01%, Taker-0.05% and Net 0.04%.

BitMEX Review: Minimum Deposit

BitMEX doesn't have any fixed minimum deposit amount. It depends on the products and the initial margin. For example, for XBTUSD, the minimum deposit amount is $0.01, which is calculated as $1 USD * 1% (Initial Margin). So, the $600 XBT/USD price will be 0.00001667 XBT.

BitMEX Exchange Review: How to Trade on BitMEX?

With a Hong Kong base office and other headquarters, BitMEX has opened its doors to thousands of crypto traders from over 190 countries. Trading on BitMEX is easy, and you can go through the following guideline.

The first thing you need to do before trading on BitMEX is to create an account. This can be done on the BitMEX website. Once you have created your account, you will need to deposit funds into your account in order to trade. To deposit funds, you can use Bitcoin or XTB/USD. Once you have deposited funds into your account, you can start trading.

The first order you will want to place is a buy order. To do this, you will need to select the order type, the symbol, and the quantity. You will also need to enter the price you are willing to pay for the asset. Once you have entered all of the information, click on the buy button. If the order is filled, you will receive the asset at your specified price. If the order is not filled, it will remain open until it is either filled or canceled.

Now that you know how to trade on BitMEX, you can start trading the assets you are interested in. Remember to always use a stop loss to protect your investment.

[kishoresenthil]

What is the current largest cryptocurrency exchange platform?

A cryptocurrency exchange is a virtual place to convert virtual currencies or exchange them for fiat money.

The world’s first digital currency, Bitcoin, appeared relatively recently, in 2009. It differs from classical finance in its anonymity, high transaction execution, small transaction fees and special production algorithm. As its popularity grew, so did users’ need for dedicated white label ido launchpad platform, now users need the best cryptocurrency exchange platform. With these resources, people could exchange one cryptocurrency for another or exchange cryptocurrencies for fiat money. The miners would mine the cryptocurrencies and then transfer the mining by turning it into a special service.

Coinbase Coinbase is a very large and highly in-demand exchange. It was established in 2012, just a few years after the emergence of bitcoin. This exchange is located in the United States and operates strictly in accordance with all established rules, making it a reliable and trustworthy exchange.

Binance The exchange first opened in 2017. Being a fairly new company, it still managed to significantly expand its portfolio. The most notable thing about this exchange, perhaps, is that they have deliberately focused on a large number of different cryptocurrencies. There are even some fiat currency options, but they are much more limited.

Users can make contributions using crypto or fiat currencies that Binance allows. This is a frequently disregarded perk that makes it simpler for clients all over the world to obtain. Perhaps the only real downside to this exchange is that it has a slightly more complicated design than some of the other exchanges, and is perhaps best suited for those with experience with such cryptocurrency systems:

Kraken Among the current giants in the business, The Kraken is one of the oldest exchanges. The company was officially launched on July 28, 2011 in San Francisco, public beta testing began in May 2013, and by September the exchange was already open to a wide range of traders.

After its relatively quick establishment, the company quickly grew to become one of the most popular exchanges in the European market. They are very highly rated and offer a good mix of altcoins and fiat currencies for trading.

Kraken is a self-regulated exchange, meaning it develops its own security policy and operating rules. Nonetheless, it conforms to the laws and guidelines in a number of supported jurisdictions.

Bittrex Bittrex Inc. was founded in 2014 and is headquartered in Seattle, Washington, USA. Bittrex was founded by cybersecurity experts. Although Bittrex Inc. is an American company, it recently expanded its operations and opened an international branch.

More than 200 tokens are available for storage and operations, and this number is continually rising. The exchange also works with euros and dollars and allows withdrawal of funds to bank cards

BitMex BitMex started its history in 2014 and has grown quite fast with attractive margin trading offers. BitMex is the largest Bitcoin platform, offering Bitcoin futures contracts with up to 100x leverage. This environment is perhaps best suited for more experienced traders.

BitMex offers the highest market liquidity of any exchange. Ultra-low trading costs and minimum deposit requirements. Possibility to register in 30 seconds. The BitMex interface seems quite functional. The user can freely change various available widgets, according to their preferences.

Bitfinex Established in late 2012, this exchange is one of the first exchanges. It was originally a peer-to-peer margin lending platform in BTC, but then other cryptocurrencies became available and Bitfinex became an exchange. From the beginning, the white label ido launchpad platform aimed to attract users from the United States. The exchange is now used internationally.

Its success can be attributed in part to its user-friendly interface. Despite its versatility, the exchange is quite easy to use. The combination of this ease of use and the variety of features makes the exchange suitable for both experienced and beginner traders. Users can customize the interface, create their own market information layouts, change the colors of interface elements, etc.

local bitcoins Local Bitcoins was launched in Finland in 2012. The main office is located in the capital of Suomi, Helsinki. Local Bitcoins — P2P exchange to buy bitcoins for offline fiat, online e-money and some altcoins. It is considered a reliable platform for direct and decentralized exchange between transaction parties. It allows you to buy Bitcoin quickly using many convenient methods.

Poloniex Poloniex is one of the largest cryptocurrency exchanges in the world, founded in 2014 by Tristan D’Agosta. At the time of writing, the exchange has over 100 currency pairs and a daily trading volume of over $13 million. Initially, the exchange focused on the United States market, but the overall popularity and large trading volumes attracted altcoin traders from around the world.

Interaction with the Poloniex exchange interface leaves only the best impressions. In addition, good liquidity and a large selection of forks are indisputable advantages. The lending function will not leave indifferent supporters of a small but stable passive income.

Kucoin Since, Kucoin opened for business in May 2017, the Hong Kong exchange KuCoin has grown in popularity among dealers. It is a third-party exchange that allows you to buy, sell and trade a variety of cyber currencies.

KuCoin is very popular among new virtual currencies that have gone through ICO, which means you can buy their coins while they are still in the early stages. You can access KuCoin through your desktop computer as well as through the Kucoin app on Android and iOS.

[metamoonshots]

BitMEX co-founder Arthur Hayes revealed one other macro-economic breakdown on Tuesday, specializing in why Bitcoin’s value immediately surged this week. The analyst argued that now's the perfect time for crypto merchants to step out of US Treasuries, and again into BTC. The Speech That Pumped Bitcoin In accordance with Hayes, the crypto neighborhood has falsely attributed Bitcoin’s rally this week to pleasure a few U.S. spot Bitcoin ETF probably receiving approval. Such pleasure, he stated, already occurred final week in response to false rumors, and Bitcoin’s value sank again to $27,000 because the rumor was dispelled. “Bitcoin — together with gold — is rallying towards a backdrop of an aggressive selloff in long-end US Treasuries,” wrote Hayes. “This isn’t hypothesis as to an ETF being permitted — that is Bitcoin discounting a future, very inflationary international world battle scenario.” Hayes famous that bonds are promoting off in response to latest statements from the Federal Reserve and President Joe Biden. On one hand, the Fed has signaled that it's close to the tip of its rate of interest climbing cycle, which means the market has no extra incentive to carry long-end bonds. On the opposite, Biden has known as on Congress to proceed supporting abroad conflicts in international locations like Ukraine and Israel, totaling $105 billion in complete. This has triggered extra Treasures to dump as bondholders doubt the federal government’s capability to fund such battle efforts. It additionally drove buyers to park their wealth in gold as a substitute in its place safe-haven asset. Bitcoin, which additionally rose, is commonly in comparison with gold since each belongings share many precious financial properties. “Gold nor Bitcoin yield something,” Hayes defined. “Subsequently, if they're rallying whereas US Treasury yields spike, that tells me that each secure haven belongings are discounting a way forward for extra authorities spending and extra inflation.” Time to Purchase Bitcoin Over the previous yr, Hayes has regularly argued in favor of continuous to purchase U.S. Treasuries as a consequence of their excessive yield charge, till receiving some sort of market sign to return to purchasing BTC. Whereas as soon as ready for a “monetary blowup” or “Fed pivot” to return to crypto, Hayes stated Biden’s dedication to “one other open-ended battle” is the return set off he wanted. “It’s time to begin rotating out of short-term US Treasury payments and into crypto,” he concluded. “The proper setup is normally staring you proper within the face, and you're simply too preoccupied with the previous to note.” SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Supply: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.

[ailtrahq]

BitMEX, a pioneer in the crypto world, gained significant traction as the first derivatives exchange in 2018 and 2019. It's renowned for innovating perpetual swaps, which eliminate futures' inconvenient expiry by introducing a continuous funding rate. Stablecoins were less common during its inception at the time, leading BitMEX to accept Bitcoin and Ether as collateral.  Benzinga recently sat with BitMEX CEO Stephan Lutz to discuss BitMEX's performance in recent years, the new perpetual contracts for the Shiba Inu ecosystem, the current state of the cryptocurrency market, and much more.   Lutz pivoted to DeFi with BitMEX from TradFi three years ago. Since then, he has focused on driving BitMEX's development, financial growth and market share amid industry-shaking events.  Here is an excerpt from the interview with him.   Could you provide an overview of BitMEX's performance in recent years as one of the leading exchanges, and shed light on its future strategies? BitMEX has maintained a strong business in recent years. Since pivoting back our business focus to crypto derivatives last year, our product portfolio and pipeline have grown significantly to cater to the evolving needs of professional traders. Here are some examples: Prediction Markets, a derivatives product to capitalize on real-world event outcomes, including Bitcoin ETFs; Guilds, a new social trading feature where traders can collaborate and earn rewards by trading as a team; and the world’s first Bitcoin margined inverse perpetual swap: XBTETH. Also Read: Bitcoin Dip Doesn't Worry JPMorgan Analysts: 'We See Limited Downside To Crypto' Traders can take a position on the ratio between Bitcoin and Ethereum, taking advantage of the competition for market cap between the two largest cryptocurrencies.  I'm interested in learning more about the new perpetual contracts for the Shiba Inu ecosystem that BitMEX introduced last month. Could you provide additional details? BitMEX launched two SHIB perpetual contracts in August, SHIBUSD and SHIBUSDT, where traders can enjoy up to 33x leverage — one of the highest max position sizes in the industry.  Could you share some updates on BitMEX's solution known as Guilds, which was announced in July? Where does this initiative currently stand? Guilds is a new social trading feature on BitMEX launched in July. The feedback has been positive from the community. Our traders are active on this feature, and within the first month, generated over $400 million of trading volume. The performance of the Guild members is better than non-Guild members, on average earning $375 more in PnL each week.  BitMEX Co-founder Arthur recently commented on the ongoing Bitcoin bull market. What is your perspective on the current state of the Bitcoin market in light of his remarks? We are optimistic. Bitcoin's sentiment remains strong, predominantly driven by increased institutional interest and adoption. The upcoming Bitcoin halving in 2024 and results for Bitcoin ETFs are all positive developments that could boost demand and increase the chances of a bull run.   What's the current state of the cryptocurrency market, and where do Bitcoin and other cryptocurrencies stand regarding their prospects and challenges? The market is moving steadily, and Bitcoin has shown resilience, outpacing traditional asset classes. We expect more traction and volatility with the highly-anticipated halving in 2024.  A significant challenge is regulatory uncertainty. Clear guidelines will help protect traders and investors, and establish industry standards. Asia is particularly active in creating a more crypto-friendly environment (e.g. Singapore and Hong Kong). Interests from large institutional institutions are still progressively growing in digital assets and crypto technology, such as Google Cloud and PayPal, which would encourage more building activities and adoption. How do you envision the crypto industry's progress in the next five years, and what role will global regulations play in shaping its future?

In the next five years, we anticipate mass mainstream adoption as a clearer regulatory framework is established due to industry pressure and institutional investor adoption rates continue to soar. Now Read: Crypto Analyst Says Bitcoin Bull Market Is On The Horizon: 'This Is The Beginning' Meet and engage with transformative Digital Asset and Crypto business leaders and investors at Benzinga's exclusive event - Future of Digital Assets. Tickets are flying-  get yours!

[gadgetsforusesblog]

Data Platform Predicts BTC to Rise Soon Due to CoinEdition's Low Funding Rate

©Reuters. Data Platform Predicts BTC to Rise Soon Due to Low Funding Rate Santiment recently highlighted that BTC’s funding rate on Bitmex has dropped to its most negative ratio since March. According to the company, the price of BTC could rise rapidly if history repeats itself. At the time of writing, the price of BTC was trading at $27,673.51 after a slight 24-hour gain. Santiment, the…

[worldspotlightnews]

Here is What 2023 Holds for Bitcoin, According to BitMEX

The cryptocurrency exchange BitMEX outlined some possible scenarios that could unfold in the coming months for the cryptocurrency industry. It believes the Federal Reserve will most probably cease its interest rate hikes by the end of the year, triggering a flow of funds into global capital markets and risk-off assets. Cryptocurrencies, such as bitcoin and ether, could benefit in such…

[coinliqcom]

How to Detect Bullish and Bearish Trends on the Bitcoin Chart US

You will find that the price of the crypto currency has been increasing in the last several years. This can be a sign of the popularity of the product. But there are also other factors that can influence the price. Among them are the US financial and political situation, and the Federal Reserve's policies.

US financial and political situation

A national survey found that cryptocurrency has become an increasingly salient topic. Although many transactions still take too long to complete, a number of innovations have made the financial system more efficient for the average American.

In fact, a large percentage of people have at least one crypto wallet. While many are tempted to use it as a convenient and safe form of currency, it's not the only option. Some people are forced to draw against small balances and are charged overdraft fees.

The most important question to ask is: what's the best way to regulate these newfangled digital assets? If the government wants to promote responsible digital asset development, it should require firms to protect customer's assets and provide taxpayers with the same tax reporting for digital asset transactions as they do for physical ones. Likewise, consumers should be protected from fraudulent or misleading statements.

US Federal Reserve policy

The US Federal Reserve is a central bank that has a wide-ranging impact on global markets. Its leaders, including Fed Chair Jerome Powell, are responsible for monetary policy.

Until the end of 2017, the Federal Reserve maintained an ultra-loose monetary policy. This policy was designed to stimulate the economy, increase employment, and reduce unemployment. However, rising inflation has forced the Fed to raise the federal funds rate to combat inflation.

In late 2021, the US Federal Reserve will start to taper the ultra-loose monetary policy. Several factors will determine when and how the Fed will begin to reduce its quantitative easing (QE) program.

Volatility of the price

The volatility of the bitcoin price is high and unsettling for investors. There are a variety of reasons behind this, ranging from the hacks of exchanges to the uncertainty of the future value of the currency.

In order to measure the volatility of the bitcoin price, a standard deviation of daily returns is measured. This is calculated by dividing the current price of the currency by the average price of the previous days. It is also important to note that this is not a direct measure of the current price.

Another way of measuring the volatility of the bitcoin price is to take a look at the Bitcoin Volatility Index. The index is generated by CoinDesk for the prices of the leading digital currency.

Signs of a bullish or bearish trend

There are many ways to detect a bullish or bearish trend on the bitcoin chart usd. One of the more common ways is to look for divergences in technical indicators.

Divergences happen when one technical indicator predicts a trend change and another indicates a similar movement. Regular divergences occur at the end of a downtrend, while the opposite happens at the end of an uptrend.

Flag patterns are another way to spot a trend change. They are short-term trading ranges that are in opposition to the prevailing market direction. When the flag changes its direction, it is usually a sign of consolidation and an excellent entry point to a new trend.

Trading volume pillar

Traders and investors alike can take their pick from exchanges like BitFury and BitMex. One thing they have in common is a penchant for finicky customers. Luckily, there are tools of the trade that can help navigate the minefield of a volatile trading environment. For example, Bookmap provides a bevy of useful and relevant columns a la carte. The best part is you get to customize and unify the look and feel of each. Using a nifty tool like this will go a long way in helping you close the book on your next trading session. Whether you're looking to buy, sell or speculate, a well-crafted tool will help you avoid a dreaded trading blunder.

Monthly RSI

The Relative Strength Indicator (RSI) is a momentum oscillator used to gauge overbought and oversold conditions in an asset. It's also a useful tool for day traders.

In general, RSI values below 30 indicate oversold conditions, while values above 70 are considered overbought. This makes it a good time to buy. However, you should be careful when using it.

RSI is one of the most commonly used indicators in the market. Although it can be misleading, it's still a useful tool to watch. By using RSI on a daily or weekly chart, you'll be able to detect a trend reversal.

When looking at a monthly RSI, you'll notice that it's currently at an all-time low. This is because BTC has been in a free fall since the November all-time high. If this trend continues, we're likely to see prices drop to around $46,000.

[bitcofun]

After investing numerous weeks caught around $19,000, Bitcoin's rate was lastly able to get away the variety and break out towards the benefit. BTC recovered $20 K and even poked above $21,000 prior to backtracking a bit to where it presently trades. Somewhere Else, Elon Musk formally got Twitter, so let's unload. Bitcoin began the week trading at around $19,000, and it was apparently caught there for a long time. The volatility chose up on Tuesday, and the bulls returned to the market, taking BTC's cost above $20,000 for the very first time in over 20 days. The march advanced Wednesday when the cryptocurrency briefly poked above $21,000(on Binance), however purchasers were not able to sustain the rate, and it was pressed back towards where it presently trades at around $20,500 All in all, BTC is up 8% in the previous 7 days. The remainder of the market is likewise painted in green, with Dogecoin being the very best entertainer and getting a tremendous 43%. Definitely, this pertains to the reality that Elon Musk lastly saw his acquisition of Twitter settled. On the very first day, he went directly off to fire some magnates, consisting of the CEO and the CFO. This has actually turned into one of the most questionable acquisition offers, and you can have a look at our total timeline here Elon Musk has actually likewise shared a few of his strategies and vision for the business, meaning a possible subscription-based design in the future. Ethereum is likewise carrying out very well over the previous 7 days, up nearly 20%. All of this brought the overall market cap above $1 trillion. It's amazing to see if the momentum will continue over next week or if the bears will have the last word. Market Data Market Cap: $1,038 B|24 H Vol: $83 B|BTC Dominance: 38% BTC: $20,544(8%)| ETH: $1,536(198%)|BNB: $294(9.4%) This Week's Crypto Headlines You Can't Miss Elon Musk's Twitter Acquisition: What Happened up until now? Elon Musk lastly got Twitter in an offer that's most likely to be kept in mind. Filled with debate, we provide a complete timeline of whatever that led up to this minute. One Reason and One Warning for Bitcoin and Ethereum's Recent Pumps: Arthur Hayes. Bitcoin's cost went on a roll today. Commenting on the matter was Arthur Hayes-- BitMEX co-founder and previous CEO. He provided one factor however likewise one alerting for both BTC and ETH after the current pumps. New UK Prime Minister Rishi Sunak: Crypto Believer or CBDC Backer? Rishi Sunak is the brand-new prime minister of the United Kingdom, and he's spoken of crypto several times. Is he a supporter, or is he leaning towards the concept of a main bank digital currency? Kazakhstan to Integrate its CBDC on BNB Chain, CZ Confirms. The nation of Kazakhstan will be introducing a reserve bank digital currency. Remarkably enough, it will be incorporated into the BNB Chain. Binance CEO Changpeng Zhao has currently verified the relocation. FTX Very Likely to Launch a Stablecoin, SBF Confirms. One of the world's leading cryptocurrency exchanges-- FTX-- will likely release a stablecoin. The CEO-- Sam Bankman-Fried-- talked about it in an interview where he likewise described that the present bearish market is rather troubling for the whole market. Here's How Much a16 z' Largest Crypto Fund Is Down: WSJ. Andreessen Horowitz (a16 z) is among the most popular endeavor funds, having actually invested billions in the field of cryptocurrency. The continuous bear market has actually likewise taken its toll. Here's just how much the VC lost up until now. Charts This week we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Solana-- click on this link for the total cost analysis. SPECIAL OFFER (Sponsored) Binance Free $100(Exclusive): Use this link to sign up and get $100 totally free and 10% off costs on Binance Futures very first month( terms). PrimeXBT Special Offer: Use this link to sign up & & go into POTATO50 code to get approximately $7,000 on your deposits.

Disclaimer: Information discovered on CryptoPotato is those of authors priced estimate. It does not represent the viewpoints of CryptoPotato on whether to purchase, offer, or hold any financial investments. You are recommended to perform your own research study prior to making any financial investment choices. Usage supplied info at your own danger. See Disclaimer to learn more. Cryptocurrency charts by TradingView. Read More

[thegeekx]

By The Numbers: A Bitcoin Bear Market Without BitMEX

By The Numbers: A Bitcoin Bear Market Without BitMEX

Since the inception of bitcoin, bull and bear markets have been a natural part of its growth. However, like with anything that lasts a long time, the market has evolved, and so has the concentration of various things in the market. One of these changes has come in the form of the funding rates and what portion of it was controlled by different exchanges. In the last bear, BitMEX had proven to be…

[bitcoincables]

Bitcoin and Altcoins Battle for Price Direction as Macro Concerns Arise

Bitcoin (BTC) is currently facing a tough battle between bulls and bears near the $40,000 level. Buyers are hopeful about the long-term prospects of newly launched Bitcoin exchange-traded funds (ETFs). However, sellers are concerned about the $3.4 billion in outflows from the Grayscale Bitcoin Trust. The macroeconomic situation is also causing worry, as rising shipping costs due to Houthi attacks on ships in the Red Sea could lead to inflation.

Several analysts have turned bearish in the short term, but the strong demand from recently launched Bitcoin ETFs may limit the downside for BTC. These ETFs have already accumulated over 100,000 Bitcoin within just seven days of their launch. However, former BitMEX CEO Arthur Hayes cautioned investors that Bitcoin could fall between $35,000 and $30,000. He highlighted potential difficulties for the United States Federal Reserve to cut rates due to rising shipping costs.

In terms of price levels, Bitcoin is trying to bounce off the $37,980 support but may face resistance at the 20-day exponential moving average ($42,116). Ethereum (ETH) is facing bearish pressure and could drop to $2,100 if it fails to hold above the support level. Binance Coin (BNB) is forming a descending triangle pattern, which could lead to a drop to $232. Other cryptocurrencies such as Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), and Chainlink (LINK) are also experiencing various patterns and potential downside risks.

To read the full article, click here.

[fluidgainsfinance]

Top crypto derivatives exchange - Here's the list

Digital currencies are becoming really popular these days as a medium to exchange financial transactions and investment assets. In these modern times, the crypto market is growing rapidly along with all the various products that are available in the cryptocurrency space. One of the best examples of these products is crypto derivatives which are rapidly growing these days. To make you understand better, we can say that derivative is a contract or product that has a value that is determined by an asset that is underlined.  Traditionally, in financial markets, derivatives are used to derive their value from assets like bonds, commodities, stocks, Fiat currencies, cryptocurrencies, and interest rates.

The working of Crypto derivatives exchange is how a seller and a buyer sign a contract to sell an asset that is underlined. These derivatives have predetermined prices and time and do not have an inherent value. It is a known fact that derivatives trading does not own all and holds any asset that is underlined. The behavior of cryptocurrencies’ price dynamics is influenced by the derivative market.

The advantages of using derivatives trading-

●       It is used in risk management- The price of a crypto token that is underlined is directly related to the value of the contract. They are used to mitigate the risk that comes while fluctuating the price of the assets which are underlined.

●       fewer costs of transactions- They help lessen the cost of transactions as their contracts are instruments of risk management. As a result, the transaction cost of derivative trading is quite affordable.  

●       Efficiency of the market- it is essential for ensuring the correct price of assets that are underlined and also the market finds.

●       The derivatives may allow cooperation, investors, or other parties to transfer risk to others.

●       It helps determine a price of an asset that is underlined.

The disadvantages of using derivatives-

●       They contain high risk as they are extremely volatile because of the rigorous fluctuation of the value of crypto tokens that are underlying. Do you do this? The traders sometimes have a chance of losing money.

●       The contracts are sometimes engaged as speculative instruments because it involves risk. It also has a factor of unpredictability in their value ranges. As a result, sometimes faces extreme loss.

A crypto derivative exchange is considered a contract that is automated and financial between two parties based on the value of the asset in the future at a particular time. The derivatives can be traded on both decentralized and centralized exchange platforms. In order to reach more investors, the exchange owners also leverage the cryptocurrency’s potential. Some trading exchange platforms provide you with the opportunity to access many crypto holders which are untapped. It provides you with an opportunity to venture into DeFi(decentralized finance) world.

Binance is in the first spot for derivative trading or exchange for the past few years. It has the biggest trading volume and a great customer base in the whole crypto market. It does not require any extra fee for the fund deposit and has a reasonable rate for derivatives trading. In the second position comes Bybit, which is a specialized platform dedicated to markets of derivatives since 2018. They are pocket friendly and charge 0.075% from the market taker, but in return give 0.025% to the market maker. In their third position, comes FTX which started in May 2019. It has a wide range of derivatives markets and 90% of the exchange are through derivative products. Some of the other trusted ones and widely used are Deribit, Bitmex, OKEx, Huobi global, etc.

[cryptosnewss]

Bitcoin Shorts Dominance Is at Extreme Level, and It Is Positive Historic Sign

Bitcoin Shorts Dominance Is at Extreme Level, and It Is Positive Historic Sign

Arman Shirinyan Market Dominance of Bears Evident as Bitcoin’s Downtrend Accelerates We previously mentioned how the dominance of short orders is most noticeable in the market during occasional BTC price drops. As Santiment data suggestsBitcoin’s average funding rate on centralized exchanges like Binance, BitMEX, and other exchanges has reached negative values, suggesting that the bears are…

[thecryptoreport]

This One Trend Could Be a Precursor to An Even Bigger Bitcoin Rally Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared…