Learn crypto currency trading Free training will be provided, bitMEX Binance best automated trading software which trades automatically in your account without manual intervention here you do not need to do trading manually set yourself free manual trading,Crypto mobile trading APPS now get all your crypto signal on your mobile Crypto trading daily 4-5 signal with high accuracy and consistent profit
Showing posts with label freecryptosignal. Show all posts
Showing posts with label freecryptosignal. Show all posts
Thursday, 3 January 2019
Topic: 10-20% Best BitMEX Auto Trading bot & Bitmex Trading Signal on Telegram
Learn crypto currency trading Free training will be provided, bitMEX Binance best automated trading software which trades automatically in your account without manual intervention here you do not need to do trading manually set yourself free manual trading,Crypto mobile trading APPS now get all your crypto signal on your mobile Crypto trading daily 4-5 signal with high accuracy and consistent profit
Wednesday, 26 December 2018
Binance is Most Trusted Crypto Exchange Despite Light Regulation” says Su Zhu
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Three Arrows Capital CEO, Su Zhu recently said that Binance, the world’s major crypto exchange is the most trusted exchange amongst investors in the crypto community.
Zhu responded to a poll ran by a small crypto exchange on Twitter and said that Binance a lightly regulated exchange has become the most trusted crypto exchange amongst the real users. He further added that one cannot build trust by obtaining government licenses or rubber stamps.
In most of the sectors, regulators impose some strict limitations on crypto trading to avert the use of crypto assets in money laundering and illicit acts. Even if the main platform of the world’s largest crypto exchange focuses on pure crypto-to-crypto trading, it also runs some strictly regulated fiat-to-crypto exchanges in Uganda. And it is soon going to operate one in Singapore with the support of local banks and Singaporean authorities.
Binance especially benefits from the crypto-friendly rules that Malta has imposed to facilitate the development of a local crypto market. Yet as a Europe country, Malta also has some determined financial rules and policies that the crypto exchange have to follow.
Key Focus on Security and Investor Protection
Ever since Binance was launched, it has always focused on security and investor protection. And even today, Binance remains to be in a reputable group of crypto exchanges besides Coinbase and a few other exchanges that have not suffered any sort of security breach and hacking attack since the launch.
Nevertheless, the trust that actual traders and investors have on Binance likely comes from the track record of the firm and the systematic communication betwixt the exchange’s officials and the community.
Binance CEO, Changpeng Zhao is well known for providing frequent updates about potential updates, announcements and changes related to the exchange. For instance, when previously Binance ran an important server and database updates, the CEO and the team of the exchange provided hourly updates, assuring that the investor’s funds remain safe on the platform.
And without any sort of regulatory pressure, the exchange voluntarily collaborated with a blockchain data analysis firm called Chainalysis that monitors transactions and wallets involved in criminal and fraudulent acts.
However, for major exchanges that take steps to prevent the use of crypto assets in illicit acts and which are well equipped with strong internal management systems, a self-regulatory status can be considered to offer regulatory clemency to the swiftly developing crypto market.
https://play.google.com/store/apps/details?id=com.freecryptosignals.app
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Three Arrows Capital CEO, Su Zhu recently said that Binance, the world’s major crypto exchange is the most trusted exchange amongst investors in the crypto community.
Zhu responded to a poll ran by a small crypto exchange on Twitter and said that Binance a lightly regulated exchange has become the most trusted crypto exchange amongst the real users. He further added that one cannot build trust by obtaining government licenses or rubber stamps.
In most of the sectors, regulators impose some strict limitations on crypto trading to avert the use of crypto assets in money laundering and illicit acts. Even if the main platform of the world’s largest crypto exchange focuses on pure crypto-to-crypto trading, it also runs some strictly regulated fiat-to-crypto exchanges in Uganda. And it is soon going to operate one in Singapore with the support of local banks and Singaporean authorities.
Binance especially benefits from the crypto-friendly rules that Malta has imposed to facilitate the development of a local crypto market. Yet as a Europe country, Malta also has some determined financial rules and policies that the crypto exchange have to follow.
Key Focus on Security and Investor Protection
Ever since Binance was launched, it has always focused on security and investor protection. And even today, Binance remains to be in a reputable group of crypto exchanges besides Coinbase and a few other exchanges that have not suffered any sort of security breach and hacking attack since the launch.
Nevertheless, the trust that actual traders and investors have on Binance likely comes from the track record of the firm and the systematic communication betwixt the exchange’s officials and the community.
Binance CEO, Changpeng Zhao is well known for providing frequent updates about potential updates, announcements and changes related to the exchange. For instance, when previously Binance ran an important server and database updates, the CEO and the team of the exchange provided hourly updates, assuring that the investor’s funds remain safe on the platform.
And without any sort of regulatory pressure, the exchange voluntarily collaborated with a blockchain data analysis firm called Chainalysis that monitors transactions and wallets involved in criminal and fraudulent acts.
However, for major exchanges that take steps to prevent the use of crypto assets in illicit acts and which are well equipped with strong internal management systems, a self-regulatory status can be considered to offer regulatory clemency to the swiftly developing crypto market.
Wednesday, 5 December 2018
Bitfinex and Ethfinex Now Lists Six Different Stablecoins
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Bitfinex and Ethfinex, two leading digital asset exchanges, now enable clients to trade all six major stablecoins on both exchanges in an attempt to create coin agnostic platforms, the companies announced in a Medium post on December 4, 2018.
Six Stablecoins Now Available for Trading on Bitfinex
Starting on December 4, 2018, customers of Bitfinex and Ethfinex will be able to trade all six major stablecoins on both exchanges.
According to the company’s Medium post announcing the news, all stablecoins on Bitfinex and Ethfinex will be traded against the U.S. dollar. The USD Coin (USDC), Paxos Standard Token (PAX), True USD (TUSD), and the Gemini Dollar (GUSD) are all new additions to the exchange, joining Tether (USDT) and Dai (DAI).
Bitfinex is considered to be a pioneer when it comes to stablecoin adoption, as it was the first to introduce Dai, an Ethereum collateralized stablecoin, onto its platform. The company said that deposits and withdrawals for the four newly added stablecoins would be limited only to verified traders.
The announcement continues Bitfinex’s heritage of providing a neutral, coin-agnostic platform. Earlier in November, the exchange introduced USDT/USD and EURT/EUR Tether trading pairs, enabling their users to trade Tether-fiat directly on their platform.
Bitfinex and Ethfinex, two leading digital asset exchanges, now enable clients to trade all six major stablecoins on both exchanges in an attempt to create coin agnostic platforms, the companies announced in a Medium post on December 4, 2018.
Six Stablecoins Now Available for Trading on Bitfinex
Starting on December 4, 2018, customers of Bitfinex and Ethfinex will be able to trade all six major stablecoins on both exchanges.
According to the company’s Medium post announcing the news, all stablecoins on Bitfinex and Ethfinex will be traded against the U.S. dollar. The USD Coin (USDC), Paxos Standard Token (PAX), True USD (TUSD), and the Gemini Dollar (GUSD) are all new additions to the exchange, joining Tether (USDT) and Dai (DAI).
Bitfinex is considered to be a pioneer when it comes to stablecoin adoption, as it was the first to introduce Dai, an Ethereum collateralized stablecoin, onto its platform. The company said that deposits and withdrawals for the four newly added stablecoins would be limited only to verified traders.
The announcement continues Bitfinex’s heritage of providing a neutral, coin-agnostic platform. Earlier in November, the exchange introduced USDT/USD and EURT/EUR Tether trading pairs, enabling their users to trade Tether-fiat directly on their platform.
This replaced the previous 1:1 conversion on deposits and withdrawals provided by Bitfinex and reflected the increasing range of choice in the stablecoin market and customer demands.
Increased Market Demand for Stablecoins
Created in 2014, Tether was the only stablecoin available to traders for years and was a response to a clear market need to allow movements of funds quickly between different exchanges while benefiting from the stability of the U.S. Dollar.
Following the boom Tether saw in 2017, the skyrocketing demand caused the stablecoin market to expand, with five alternatives launching since March 2018 rapidly. With around $186 billion, stablecoins are currently the fastest growing sector of the crypto market.
Questions about legitimacy and true value have been contributing factors in the plummeting price of cryptocurrencies and tokens, and have been directly responsible for the rise of stablecoins. With the trust in Tether withering in 2018, the increase in the number of stablecoins available is has been a welcome reprieve for crypto traders.
Worldwide, stablecoins in their fundraising ICO phases have attracted millions of dollars’ worth of investment from reputable multinational corporations. This proves that stablecoins are a respected alternative to traditional banking, valued for their reliable software that leaves no room for error.
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Bitfinex and Ethfinex, two leading digital asset exchanges, now enable clients to trade all six major stablecoins on both exchanges in an attempt to create coin agnostic platforms, the companies announced in a Medium post on December 4, 2018.
Six Stablecoins Now Available for Trading on Bitfinex
Starting on December 4, 2018, customers of Bitfinex and Ethfinex will be able to trade all six major stablecoins on both exchanges.
According to the company’s Medium post announcing the news, all stablecoins on Bitfinex and Ethfinex will be traded against the U.S. dollar. The USD Coin (USDC), Paxos Standard Token (PAX), True USD (TUSD), and the Gemini Dollar (GUSD) are all new additions to the exchange, joining Tether (USDT) and Dai (DAI).
Bitfinex is considered to be a pioneer when it comes to stablecoin adoption, as it was the first to introduce Dai, an Ethereum collateralized stablecoin, onto its platform. The company said that deposits and withdrawals for the four newly added stablecoins would be limited only to verified traders.
The announcement continues Bitfinex’s heritage of providing a neutral, coin-agnostic platform. Earlier in November, the exchange introduced USDT/USD and EURT/EUR Tether trading pairs, enabling their users to trade Tether-fiat directly on their platform.
Bitfinex and Ethfinex, two leading digital asset exchanges, now enable clients to trade all six major stablecoins on both exchanges in an attempt to create coin agnostic platforms, the companies announced in a Medium post on December 4, 2018.
Six Stablecoins Now Available for Trading on Bitfinex
Starting on December 4, 2018, customers of Bitfinex and Ethfinex will be able to trade all six major stablecoins on both exchanges.
According to the company’s Medium post announcing the news, all stablecoins on Bitfinex and Ethfinex will be traded against the U.S. dollar. The USD Coin (USDC), Paxos Standard Token (PAX), True USD (TUSD), and the Gemini Dollar (GUSD) are all new additions to the exchange, joining Tether (USDT) and Dai (DAI).
Bitfinex is considered to be a pioneer when it comes to stablecoin adoption, as it was the first to introduce Dai, an Ethereum collateralized stablecoin, onto its platform. The company said that deposits and withdrawals for the four newly added stablecoins would be limited only to verified traders.
The announcement continues Bitfinex’s heritage of providing a neutral, coin-agnostic platform. Earlier in November, the exchange introduced USDT/USD and EURT/EUR Tether trading pairs, enabling their users to trade Tether-fiat directly on their platform.
This replaced the previous 1:1 conversion on deposits and withdrawals provided by Bitfinex and reflected the increasing range of choice in the stablecoin market and customer demands.
Increased Market Demand for Stablecoins
Created in 2014, Tether was the only stablecoin available to traders for years and was a response to a clear market need to allow movements of funds quickly between different exchanges while benefiting from the stability of the U.S. Dollar.
Following the boom Tether saw in 2017, the skyrocketing demand caused the stablecoin market to expand, with five alternatives launching since March 2018 rapidly. With around $186 billion, stablecoins are currently the fastest growing sector of the crypto market.
Questions about legitimacy and true value have been contributing factors in the plummeting price of cryptocurrencies and tokens, and have been directly responsible for the rise of stablecoins. With the trust in Tether withering in 2018, the increase in the number of stablecoins available is has been a welcome reprieve for crypto traders.
Worldwide, stablecoins in their fundraising ICO phases have attracted millions of dollars’ worth of investment from reputable multinational corporations. This proves that stablecoins are a respected alternative to traditional banking, valued for their reliable software that leaves no room for error.
Sunday, 2 December 2018
Bitcoin Trading Volue Exceeds 2$ Trillion in 2018 Despite year long Bearish Market
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With a few weeks still left in 2018, the total Bitcoin trading volume for the year has already crossed $2 trillion. Many countries have also seen record BTC trading volume at different points of the year with more everyday people seemingly adopting the popular cryptocurrency.
BITCOIN TRADING UP 61 PERCENT SINCE 2017
This volume of trade is especially profound given the tirade of criticism from vocal naysayers who continue to engage in Bitcoin bashing. According to Satoshi Capital Research, the notional value of BTC traded so far in 2018 stands at $2.2 trillion.
The figures posted so far represent a 61 percent increase from last years total volume of $870 billion. However, the growth recorded in 2017 – 96 percent still dwarfs that recorded in 2018 and will remain so unless a massive spike in BTC trading occurs between now and the end of the year.
To put things in perspective, Mastercard recently published its Q3 2018 financials which showed a total transaction volume of $4.4 trillion for the year. The world’s second largest payment card company also settles about $12 billion worth of transactions per day.
From these figures, Bitcoin $4151.76 -0.03% is already at half the transaction settling capacity of Mastercard despite losing close to 70 percent of its value during the year. BTC’s daily volume which is at $8 billion, isn’t a million miles away from Mastercard’s.
WHY DO THE NOCOINERS RAGE?
Some might argue that the analysis above is akin to comparing apples and oranges. This is because Mastercard’s figures only cover payments made to retail merchants on both online and offline platforms. The figures for Bitcoin come from merchants, futures trading, exchanges, and even international payments.
However, the fact that a cryptocurrency with a sub-$100 billion market cap is posting figures in the same ballpark as Mastercard is a glowing endorsement of BTC’s uptake. This assertion is especially true given the negative rhetoric espoused by critics such as Paul Donovan of UBS who recently said that the world’s most popular cryptocurrency Bitcoin is on the verge of falling apart.
Things may even get better for cryptocurrency trading as a whole. Earlier in the year, Bitcoinist reported that digital currency trading might grow by 50 percent in 2019 based on a study by Satis Group.
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With a few weeks still left in 2018, the total Bitcoin trading volume for the year has already crossed $2 trillion. Many countries have also seen record BTC trading volume at different points of the year with more everyday people seemingly adopting the popular cryptocurrency.
BITCOIN TRADING UP 61 PERCENT SINCE 2017
This volume of trade is especially profound given the tirade of criticism from vocal naysayers who continue to engage in Bitcoin bashing. According to Satoshi Capital Research, the notional value of BTC traded so far in 2018 stands at $2.2 trillion.
The figures posted so far represent a 61 percent increase from last years total volume of $870 billion. However, the growth recorded in 2017 – 96 percent still dwarfs that recorded in 2018 and will remain so unless a massive spike in BTC trading occurs between now and the end of the year.
To put things in perspective, Mastercard recently published its Q3 2018 financials which showed a total transaction volume of $4.4 trillion for the year. The world’s second largest payment card company also settles about $12 billion worth of transactions per day.
From these figures, Bitcoin $4151.76 -0.03% is already at half the transaction settling capacity of Mastercard despite losing close to 70 percent of its value during the year. BTC’s daily volume which is at $8 billion, isn’t a million miles away from Mastercard’s.
WHY DO THE NOCOINERS RAGE?
Some might argue that the analysis above is akin to comparing apples and oranges. This is because Mastercard’s figures only cover payments made to retail merchants on both online and offline platforms. The figures for Bitcoin come from merchants, futures trading, exchanges, and even international payments.
However, the fact that a cryptocurrency with a sub-$100 billion market cap is posting figures in the same ballpark as Mastercard is a glowing endorsement of BTC’s uptake. This assertion is especially true given the negative rhetoric espoused by critics such as Paul Donovan of UBS who recently said that the world’s most popular cryptocurrency Bitcoin is on the verge of falling apart.
Things may even get better for cryptocurrency trading as a whole. Earlier in the year, Bitcoinist reported that digital currency trading might grow by 50 percent in 2019 based on a study by Satis Group.
Saturday, 1 December 2018
Why Chicago is Fast Becoming the Crypto Trading Capital of the World
For more latest news update Cryptocurrency training Crypto trading signals & automated trading software join below given telegram channel
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Beginning with the founding of the Chicago Board of Trade (CBOT) in 1848, Chicago has a long and illustrious history as a trading town. The CBOT introduced standardized futures contracts, and more than a century later spun off the CBOE which pioneered standardized option contracts. The Chicago Mercantile Exchange launched in 1898 as an egg & butter exchange and in 1972 spun off the International Monetary Market, the first exchange to trade financial futures. For the past 45 years, the CBOT, CBOE, & CME have established Chicago as the derivatives capital of the world trading both options and futures on grains, meats, stocks, bonds, foreign currencies, and other financial products.
Fast forward to 2018 and Chicago is once again leading the charge as it has begun to trade derivatives on a revolutionary new product. In December 2017, both Cboe Global Markets and the CME Group began trading futures on bitcoin. The two derivative exchanges are the most prominent local enterprises to enter the cryptocurrency markets but an entire ecosystem has begun to emerge in Chicago and is rapidly gaining momentum.
Chicago is home to a number of spot exchanges which trade the cryptocurrencies that underlie the derivative contracts. Athena Bitcoin operates more than 70 crypto ATMs in 8 states across the USA and has entered Latin America. Digital Mint has over 70 crypto ATMs in Chicago alone and close to 200 nationwide. Bcause runs the largest mining operation in North America and is building the world’s first full-stack cryptocurrency ecosystem. Seed CX offers institutional trading and settlement for both spot and derivatives in cryptocurrencies. Beaxy aims to create an all-in-one cryptocurrency exchange. The Eris Exchange, which is backed by Cboe Global Markets, DRW, ED&F Man Capital Markets, NEX Opportunities, Susquehanna, TD Ameritrade, Valor Equity Partners and Virtu Financial, is launching a platform to trade both spot and futures which will settle with the physical delivery of cryptocurrency. Edge Financial Technologies is on target to launch a cryptocurrency platform for both retail and institutional traders in the first quarter of 2019. CFX launched the first platform in the U.S. to facilitate the trading of regulated security tokens. The Bitnomial Exchange is waiting for approval from the CFTC.
Exchanges from other cities are establishing a foothold in Chicago, too. Coinbase opened a permanent office in Chicago and announced plans to hire 90 software developers in the next three years. The San Juan Mercantile Exchange is launching the world’s first digital asset exchange for high frequency traders and plans to open offices in three cities including Chicago. Kraken is moving its headquarters from San Francisco to Chicago.
Why are Kraken, Coinbase, and the San Juan Mercantile Exchange coming to Chicago? The answer is that they want access to our trading community with its abundance of resources including traders, liquidity, technology, and developers. According to Paul Bauerschmidt, former CME executive and leader of Coinbase’s Chicago office: “Chicago is super valuable to us because of the talent that’s here. If you move to one of the coasts, you…will get access to talent, but it’s much harder to come by. And, in Chicago, we’ve got an incredible exchange and trading community.” And, according to Fred Grede, CEO of Bcause: “They’re starting to figure out that the real center of liquidity in these kinds of markets is right here in Chicago, and that it’s a tremendous pool of resources. I don’t mean to get into any disrespect for New York.”
DRW, founded by billionaire trader Don Wilson, was the first trading firm in Chicago to jump into the crypto space. In 2014, DRW spun off Cumberland Mining which runs the largest over-the-counter cryptocurrency trading desk in the world. In 2017, Akuna Capital, Blue Fire Capital, CMT Digital, DV Trading, and Consolidated Trading launched cryptocurrency trading desks. In January 2018, Trading Technologies announced a partnership with Coinbase to provide cryptocurrency trading in both spot and derivative markets. In April 2018, Hehmeyer Trading launched the first cryptocurrency index fund. Jump Trading, the largest trader of U.S. Treasuries in the world, ‘jumped’ into cryptocurrency trading in mid-2017 and, in June 2018, launched an over-the-counter cryptocurrency trading platform. XR Trading and TransMarket Group also began trading cryptocurrencies in 2018. Geneva Trading is in the process of forming a cryptocurrency trading team.
In summary, Chicago has all the ingredients to become the ‘Crypto Trading Capital of the World’ with its abundance of derivative exchanges, spot exchanges, traders, investors, developers, etc. One of the keys will be to bring together the major players in Chicago’s emerging crypto ecosystem to foster collaboration. There is competition to be sure among the various players but there is also such a thing as co-opetition. As the saying goes, a rising tide lifts all boats. For many years, the CBOT, CME & CBOE have competed against each other but find another city or region in the world which could boast three of the biggest and most successful exchanges on the planet.
Stay tuned as FinTank (FinTank.org), a local Fintech hub and accelerator specializing in crypto assets, is getting ready to facilitate collaboration by launching Chicago’s first online crypto community for traders, investors, miners, entrepreneurs, developers, consultants, senior-level executives, and other blockchain/digital currency players and enthusiasts. FinTank is partnering with two startups in its accelerator—Crypto Markets and Coinifide —to build a platform that offers in-depth content, experiential learning, and job leads to enhance the knowledge, skill set, and economic opportunities for participants in Chicago’s burgeoning crypto community.
Join- https://t.me/btctradingclub
https://play.google.com/store/apps/details?id=com.freecryptosignals.app
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Beginning with the founding of the Chicago Board of Trade (CBOT) in 1848, Chicago has a long and illustrious history as a trading town. The CBOT introduced standardized futures contracts, and more than a century later spun off the CBOE which pioneered standardized option contracts. The Chicago Mercantile Exchange launched in 1898 as an egg & butter exchange and in 1972 spun off the International Monetary Market, the first exchange to trade financial futures. For the past 45 years, the CBOT, CBOE, & CME have established Chicago as the derivatives capital of the world trading both options and futures on grains, meats, stocks, bonds, foreign currencies, and other financial products.
Fast forward to 2018 and Chicago is once again leading the charge as it has begun to trade derivatives on a revolutionary new product. In December 2017, both Cboe Global Markets and the CME Group began trading futures on bitcoin. The two derivative exchanges are the most prominent local enterprises to enter the cryptocurrency markets but an entire ecosystem has begun to emerge in Chicago and is rapidly gaining momentum.
Chicago is home to a number of spot exchanges which trade the cryptocurrencies that underlie the derivative contracts. Athena Bitcoin operates more than 70 crypto ATMs in 8 states across the USA and has entered Latin America. Digital Mint has over 70 crypto ATMs in Chicago alone and close to 200 nationwide. Bcause runs the largest mining operation in North America and is building the world’s first full-stack cryptocurrency ecosystem. Seed CX offers institutional trading and settlement for both spot and derivatives in cryptocurrencies. Beaxy aims to create an all-in-one cryptocurrency exchange. The Eris Exchange, which is backed by Cboe Global Markets, DRW, ED&F Man Capital Markets, NEX Opportunities, Susquehanna, TD Ameritrade, Valor Equity Partners and Virtu Financial, is launching a platform to trade both spot and futures which will settle with the physical delivery of cryptocurrency. Edge Financial Technologies is on target to launch a cryptocurrency platform for both retail and institutional traders in the first quarter of 2019. CFX launched the first platform in the U.S. to facilitate the trading of regulated security tokens. The Bitnomial Exchange is waiting for approval from the CFTC.
Exchanges from other cities are establishing a foothold in Chicago, too. Coinbase opened a permanent office in Chicago and announced plans to hire 90 software developers in the next three years. The San Juan Mercantile Exchange is launching the world’s first digital asset exchange for high frequency traders and plans to open offices in three cities including Chicago. Kraken is moving its headquarters from San Francisco to Chicago.
Why are Kraken, Coinbase, and the San Juan Mercantile Exchange coming to Chicago? The answer is that they want access to our trading community with its abundance of resources including traders, liquidity, technology, and developers. According to Paul Bauerschmidt, former CME executive and leader of Coinbase’s Chicago office: “Chicago is super valuable to us because of the talent that’s here. If you move to one of the coasts, you…will get access to talent, but it’s much harder to come by. And, in Chicago, we’ve got an incredible exchange and trading community.” And, according to Fred Grede, CEO of Bcause: “They’re starting to figure out that the real center of liquidity in these kinds of markets is right here in Chicago, and that it’s a tremendous pool of resources. I don’t mean to get into any disrespect for New York.”
DRW, founded by billionaire trader Don Wilson, was the first trading firm in Chicago to jump into the crypto space. In 2014, DRW spun off Cumberland Mining which runs the largest over-the-counter cryptocurrency trading desk in the world. In 2017, Akuna Capital, Blue Fire Capital, CMT Digital, DV Trading, and Consolidated Trading launched cryptocurrency trading desks. In January 2018, Trading Technologies announced a partnership with Coinbase to provide cryptocurrency trading in both spot and derivative markets. In April 2018, Hehmeyer Trading launched the first cryptocurrency index fund. Jump Trading, the largest trader of U.S. Treasuries in the world, ‘jumped’ into cryptocurrency trading in mid-2017 and, in June 2018, launched an over-the-counter cryptocurrency trading platform. XR Trading and TransMarket Group also began trading cryptocurrencies in 2018. Geneva Trading is in the process of forming a cryptocurrency trading team.
In summary, Chicago has all the ingredients to become the ‘Crypto Trading Capital of the World’ with its abundance of derivative exchanges, spot exchanges, traders, investors, developers, etc. One of the keys will be to bring together the major players in Chicago’s emerging crypto ecosystem to foster collaboration. There is competition to be sure among the various players but there is also such a thing as co-opetition. As the saying goes, a rising tide lifts all boats. For many years, the CBOT, CME & CBOE have competed against each other but find another city or region in the world which could boast three of the biggest and most successful exchanges on the planet.
Stay tuned as FinTank (FinTank.org), a local Fintech hub and accelerator specializing in crypto assets, is getting ready to facilitate collaboration by launching Chicago’s first online crypto community for traders, investors, miners, entrepreneurs, developers, consultants, senior-level executives, and other blockchain/digital currency players and enthusiasts. FinTank is partnering with two startups in its accelerator—Crypto Markets and Coinifide —to build a platform that offers in-depth content, experiential learning, and job leads to enhance the knowledge, skill set, and economic opportunities for participants in Chicago’s burgeoning crypto community.
Friday, 30 November 2018
Nasdaq and VanEck join to launch new Bitcoin futures Contracts
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World’s second-largest stock exchange Nasdaq is preparing to launch its bitcoin futures contracts in the first quarter of 2019.
A couple of weeks ago, the cryptographic ecosystem suffered a sharp drop in its prices, when the Bitcoin’s value fell around 70% compared to the peak reached in the last quarter of last year.
Despite the recent collapse of the crypto market, the New York stock exchange has announced that it maintains its plans to launch bitcoin futures in the first quarter of 2019 in a joint initiative with the investment management firm VanEck.
In this regard, Gabor Gurbacs, director of digital asset strategy at VanEck, said the companies plan to launch a variety of bitcoin derivatives in the first few months of 2019, including the aforementioned regulated futures contracts. The announcement was made during the Consensus Invest conference held in New York, on Tuesday.
Gurbacs confirmed the information in his Twitter account, ensuring that Nasdaq and VanEck will present transparent, regulated and monitored products of digital assets, such as bitcoin futures contracts.
“@Nasdaq and VanEck’s @MVISIndices announces #index #partnership and intention to bring to market transparent, regulated and surveilled #DigitalAssets products, such as #Bitcoin futures contracts. More info to come,” the publication said.
Bitcoin Futures Contracts
In the last year, Nasdaq has openly shown interest in launching bitcoin futures, but they did not do so before because according to Adena Friedman, CEO of Nasdaq, they wanted their contracts to be different from those that already exist.
On the other hand, after the collapse of the market, several reports indicate that the second stock exchange in the world has taken into account the concerns of the Commodity Futures Trading Commission (CFTC) of the United States – a government independent agency which regulates futures markets – and Nasdaq has been working on it.
The CFTC, which regulates bitcoin as a commodity, has so far approved only two encryption futures products: one from the Chicago Mercantile Exchange (CME) and another from the Chicago Board Options Exchange (CBOE).
However, they are not the only ones who have shown interest in Bitcoin futures.
For its part, ICE (Intercontinental Exchange), Nasdaq’s main competitor, has announced their plans to launch a bitcoin futures product liquidated physically in the first quarter of 2019.
Similarly, the cryptocurrency exchange created by ICE, Bakkt, announced that it would launch bitcoin futures to the market on December 12, but later decided to postpone the launch for next year’s January 24.
Is Bitcoin dead? 8 reasons why it is NOT
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Is the price of Bitcoin down to zero?
No.
Bitcoin is trading above $4000 at the time of writing. Yes, that's far from the all time high of close to $20K, but people are still buying Bitcoin every day, every hour, every minute. Don't forget that only two years ago, one Bitcoin was worth $736, and in September of 2017 BTC was still trading below $4000.
Many people got hurt post-bull run, but zoom out and look at the bigger picture. Patience is the name of the game here.
Is this the worst Bitcoin bear market EVER?
Nope, we've been here before.
We've seen worse.
And we survived.
Be like the hodlers who got through the 2011 crash. Who dealt with the -83% retracement in 2013. Who were not afraid anymore during the 2013-2015 bear market because they knew that Bitcoin would come back stronger, eventually.
Hi CNBC Crypto Crew, can you please discuss about the gains after each of the last 4 major Bitcoin crashes (80% or more) in the past 9 years.
The 2014-2016 bear market resulted in a 13,100% gain from the bottom of $150.
Did Bitcoin stop working?
No.
Every 10 minutes or so, a new block is created on the Bitcoin network. Every 10 minutes, assets, sometimes worth millions of dollars, are being sent across the world, fast, for a low fee. Bitcoin dead? Miners are still mining, blocks are still being created, transactions are still being confirmed. The fact $BTC dropped in price didn't change anything to that.
Are institutional investors walking off because of the BTC price drop?
No.
What would institutional investors be more interested in? Buy at the all time high together with the retail investors, or wait for the inevitable correction and buy in 5 times cheaper?
And if they buy at those cheap prices, would they send out a tweet right away, stating 'I just bought 9000BTC on Bitfinex'? No. They accumulate quietly, knowing that, at some point, retail FOMO will push their ROI.
Some big players might be buying already, some institutional investors might be waiting on the sidelines for the price to drop even further, or for regulation to be implemented, or for the right products to be launched. But one thing that's certain is that when it comes to buying, institutional investors like blood on the streets more than hype.
As Michael Novogratz says, when the time is right, institutional FOMO will kick in too.
Did the fundamentals of Bitcoin change?
No.
Let's just steer away from the price action for now. Is transaction volume on the Bitcoin network still high? Are people actually using it? 'Pomp', take it away and explain to us why Bitcoin fundamentals haven't changed at all.
Friday, 16 November 2018
Is McAfee sweating already? His Bitcoin prediction is now almost 300 days behind
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Remember that famous Bitcoin prediction of John McAfee? Bitcoin at $1 million by 2020 or a certain private part gets eaten on national television? Well, after this week's Bitcoin crash, things are not looking very promising for McAfee right now.
The crypto enthusiast first predicted Bitcoin to reach $500K in 2020, stating that he will 'eat his dick on national television' if that doesn't happen.
In November 2017, four months after his first bet, McAfee took it a step further and predicted Bitcoin at $1 million by the end of 2020, adding that 'I will still eat my dick if wrong'.
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong.
McAfee had every reason to be confident at that time. On November 29 2017, the day of his $1 million predicition, Bitcoin was trading 128% above the average trend line leading to $1 million by the end of 2020. A handy McAfee predictor tool keeping track of the progress, Bircoin.top, explaines that 'Bitcoin needs to grow at a rate of 0.484095526 % per day from 2017-07-17 to 2020-12-31 to get from $ 2,244.27 (price on the day of his first prediction) to $ 1,000,000.00'.
At the all time high of Bitcoin, mid-December 2017, Bitcoin's price was 314% above the red line, and 296 days ahead of the growth that is needed for McAfee's prediction to come true.
298 days behind
Things are looking different these days. With Bitcoin's price dropping from close to $20K to the current levels of $5.5K, McAfee is losing sight of the average trend line going towards the $1 million. Currently, the price of Bitcoin is 76,3% below and 298 days of average growth behind the red line. Bitcoin should have been $23,520.75 at this point to be on schedule.
'
I cannot loose the bet'
McAfee, however, doesn't seem to be worried at all. On Thursday, he posted on Twitter that 'we are still on schedule to get to $1 million by 2020'. 'I cannot lose the bet. It is mathematically impossible. What you have been seeing is short term (< 18 months) nonsense. Ignore it and look at fundamentals.'
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Remember that famous Bitcoin prediction of John McAfee? Bitcoin at $1 million by 2020 or a certain private part gets eaten on national television? Well, after this week's Bitcoin crash, things are not looking very promising for McAfee right now.
The crypto enthusiast first predicted Bitcoin to reach $500K in 2020, stating that he will 'eat his dick on national television' if that doesn't happen.
In November 2017, four months after his first bet, McAfee took it a step further and predicted Bitcoin at $1 million by the end of 2020, adding that 'I will still eat my dick if wrong'.
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong.
McAfee had every reason to be confident at that time. On November 29 2017, the day of his $1 million predicition, Bitcoin was trading 128% above the average trend line leading to $1 million by the end of 2020. A handy McAfee predictor tool keeping track of the progress, Bircoin.top, explaines that 'Bitcoin needs to grow at a rate of 0.484095526 % per day from 2017-07-17 to 2020-12-31 to get from $ 2,244.27 (price on the day of his first prediction) to $ 1,000,000.00'.
At the all time high of Bitcoin, mid-December 2017, Bitcoin's price was 314% above the red line, and 296 days ahead of the growth that is needed for McAfee's prediction to come true.
298 days behind
Things are looking different these days. With Bitcoin's price dropping from close to $20K to the current levels of $5.5K, McAfee is losing sight of the average trend line going towards the $1 million. Currently, the price of Bitcoin is 76,3% below and 298 days of average growth behind the red line. Bitcoin should have been $23,520.75 at this point to be on schedule.
'
I cannot loose the bet'
McAfee, however, doesn't seem to be worried at all. On Thursday, he posted on Twitter that 'we are still on schedule to get to $1 million by 2020'. 'I cannot lose the bet. It is mathematically impossible. What you have been seeing is short term (< 18 months) nonsense. Ignore it and look at fundamentals.'
Tuesday, 6 November 2018
Crypto to Become Main Topic at World Economic Forum
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Join- https://t.me/btctradingclub
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Technologies as blockchain and cryptocurrency will be the main topic of the World Economic Forum (WEF), which will be held in January 2019 in Davos, Switzerland.
As the president of the forum, Børge Brende said, the international community needs to pay attention to the lack of interaction at the global level in order to confront contemporary challenges and threats both in geopolitics and in the field of ecology and climate change.
Also among the topics that the forum participants are planning to discuss are Brexit and the economic climate change in the European Union.
Recall that in the past year, WEF participants have already discussed cryptocurrency. Then everyone came to a single decision on the need to regulate the market, noting that at the moment there is no universal way to introduce any effective measures. At the same time, the Minister of Finance of Great Britain announced the need to regulate cryptocurrency, as Bitcoin and other digital currencies become part of the global economy. In turn, the United States offered to develop and implement a global standard for regulating the young market
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