Bitcoin ETF Decision Behind Large Number of Short Sells, Analysts Believe | CryptoGlobe
Bitcoin, recently managed to break through the $6,600 resistance after adding $400 in about 20 minutes as scheduled maintenance at derivatives exchange BitMEX triggered a massive short squeeze. The squeeze, some analysts believe, could be an indirect consequence of an upcoming bitcoin ETF decision. As CryptoGlobe covered, the US Securities and Exchange Commission (SEC) set August 23 as the deadline for its decision on two bitcoin exchange-traded funds (ETFs): the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. A potential crypto ETF has been heavily influencing the market in the last few weeks. Earlier the SEC rejected the Winklevoss twins ETF application, a move that saw BTC lose 3.5% of its value. This data was obtained by us on December 27, 2018 6:18 PM. Share this content on social media: Visit www.cryptoglobe.com for more from this source. Leave a Comment
How to Short sell Bitcoin in 2019 - A Complete Beginner's Guide
Short-selling is an investment method that allows investors to benefit from drops in prices and value of a particular asset. This post will teach you how to short sell Bitcoin and what to look out for. If you want a deeper explanation about short selling, how it's done step by step and what to look out for keep on reading. Here's what I'll cover: Short selling (often just short?) is an investment method to make money over an asset's price drop. Basically, shorting works by allowing you to borrow an asset, such as Bitcoins, and sell it at its current price. Later on, you purchase the Bitcoins to pay back the person or company you borrowed them from. This article was first seen by us on December 21, 2018 11:24 AM. Share this content on social media: Check out 99bitcoins.com for more similar content. Leave a Comment
How to Short Bitcoin Without Losing Your Shirt And Your Savings (With Sincere Apologies On Your Birthday, BTC...)
Crypto Briefing exists to advocate for the safe and responsible integration of blockchain and cryptocurrency into mainstream life. We believe. Our goal is to grow the crypto community - to help new converts understand the basics, and to share our research with experienced enthusiasts. Our ICO reviews are independent, unpaid, and unsponsored. Contact us: editor AT cryptobriefing.com. Crypto Briefing - ICO and Cryptocurrency Analysis, News, Features, Ratings and Reviews - Cryptocurrency News, Digital Asset Analysis, & Blockchain Updates What Is QuarkChain Network Introduction to QKC Token What Is the Monacoin Project Introduction to MONA Cryptocurrency This information was discovered by us on October 31, 2018 9:02 PM. Share this content on social media: See cryptobriefing.com for more. Leave a Comment
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