Hong-Kong Based Crypto Exchange Set To Offer Bitcoin Futures at 20x Leverage
The Hong-Kong-based cryptocurrency exchange Coin Futures and Lending Exchange (CoinFLEX) recently announced that they would be providing futures contracts for cryptocurrencies to Asian investors as early as February of this year. CoinFLEX was launched back last year in February as CoinfloorEX which is a division of Coinfloor, which is the oldest British Bitcoin exchange. However, this venture has just announced that it is breaking away from the parent company. This new platform is co-owned by parent company CoinFloor as well as well-known industry investors such as the likes of Bitcoin Cash?s Roger Ver, B2C2, Dragonfly Capital, Mike Komaransky, Trading Technologies and many others. New Futures Contracts On The Horizon: CoinFLEX has set the wheels in motion to initiate new futures contracts for Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) with a leverage possibility of up to as many as 20 times. Physically delivered futures contracts such as the ones currently offered by CoinFLEX are highly advantageous since their values are tied to an underlying asset. As we know, this means, that upon expiration of the futures contract, investors will be offered the asset instead of that of a fiat payout. CoinFLEX?s advantage of their preferred compensation system is the fact that it encourages transparency as manipulating the process is impossible. Ultimately this transparency is a definite way to encourage more confidence in the crypto market which as we know, still suffers from pains in regulatory uncertainties. CoinFLEX CEO Mark Lamb in an interview with Bloomberg had this to say: ?Crypto derivatives could become an order of magnitude larger than spot markets and the main thing that?s holding back that growth is the lack of physical delivery. Volumes are reduced because of a problem of trust when it comes to cash-settled trades.? Lamb went on to add that currently, the trading volume in the market sits at $3 million with much more room for growth. Futures Contracts Is A Growing Sector: Along with CoinFLEX?s upcoming offer, they join the likes of Bakkt, a Chicago-based crypto exchange with is backed by Intercontinental Exchange, which is the parent company of the NYSE. Last year, Bakkt announced that they would be launching their own physically-backed futures contracts for investors based in the USA. Bakkt managed to raise a whopping $182.5 million on New Year?s Eve from a consortium of high-profile investors as they edge closer to the launch of their Bitcoins futures market, this the first quarter of 2019. This entry was retrieved by us on January 09, 2019 5:16 PM. You may want to visit coinbeat.com for additional posts.
Trace Mayer thinks institutional money is still to arrive in Bitcoin
According to Bitcoin OG Trace Meyer, of the $110 trillion of global institutional assets under management, institutional investors have only put $5-7 billion into Bitcoin or crypto. Trace took to Twitter to claim that the vast majority of capital allocated into the crypto asset class today has come from the retail market. Essentially no capital allocated to #Bitcoin or crypto-currencies. Empty infinitely expandable wealth storage vessel to absorb capital flows. As sterile asset, $BTC price increase is wealth transfer from other assets. A black hole on the world's balance sheet. Will be legendary. pic.twitter.com/1ISjBrFLgS This item was found by us on January 09, 2019 5:08 PM. Check out coinrivet.com for more similar content.
Bitcoin s Transaction Fees at a Record Low
Bitcoin?s high transaction rate was one of the main reasons crypto enthusiasts started drifting away to altcoins. According to data by bitcoinfees.info, Bitcoin fans can finally rejoice with the transaction fees having a really low transaction fee. According to the graph above, transaction fees were skyrocketing high in the month of December 2017. For example, December 22nd was seen to record 985 satoshis/byte for the next block. Fees for the next block is described as the fee to having a transaction mined on the next block which is estimated to be 10 minutes. A satoshi is defined as the smallest unit of Bitcoin, equivalent to 0.00000001 BTC. This post was retrieved by us on January 09, 2019 4:56 PM. Check out blockmanity.com for more.
Why Neutrino protocol is a big deal for Bitcoin
When it comes to light wallets, compromise is often the best descriptor. While many light wallets are easily accessible and offer some degree of security, they lack the privacy and security features that full nodes benefit from. As it stands, most Bitcoin clients strive to offer a simple user interface in order to reduce the barrier to entry for most users. Unfortunately, great usability often comes with several significant trade-offs ? including reduced security ? while also risking exposure of your private information if they are hacked, bought-out, or simply go rogue. Besides this, those looking to interact with the lightning network are usually required to run a full Bitcoin node ? which essentially means downloading the entire Bitcoin blockchain, which stands at ~200GB in size. This is practically unfeasible for most mobile devices. This publication was discovered by us on January 09, 2019 4:44 PM. Have a look at beincrypto.com for more.
France Starts Selling Bitcoin At 6 Tobacco Shops - 6,500 Locations By Next Month
Reading: France Starts Selling Bitcoin At 6 Tobacco Shops ? 6,500 By Next Month Esther Kim | Jan 09, 2019 | 08:00 Esther Kim | Jan 09, 2019 | 08:00 An initiative to sell Bitcoin (BTC) in France?s 24,000 tobacco kiosks has tentatively launched despite votes of no confidence from the central bank and other sources. As Reuters reported January 8 quoting organizer Adil Zakhar, six ?Tabac? shops in Paris began offering prepaid Bitcoin cards this week, with plans to roll out the scheme in rapid fashion to over 6500 as soon as next month. ?Some people find it complicated to get bitcoins online,? Zakhar told the publication. This piece was retrieved by us on January 09, 2019 4:03 PM. Browse bitcoinist.com for more.
Russia Could Start a Bitcoin Bull Run as Early as February 2019
Advertise with Us Jobs at BTCManager BITCOIN PRICE: 4,035.42 HIGH: 4,112.00 LOW: 3,948.44 At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a? Don't miss out on the latest news Get BTCMANAGER delivered right to your inbox January 9, 2019 11:00 by Priyeshu Garg A Russian economist believes that the impending U.S. sanctions against Russia will force the country to start diversifying its reserves with Bitcoin as early as February 2019, Micky reported on January 8, 2019. The bear market that has persisted in the crypto industry since November 2018 might be coming to an end sooner than anticipated, as sources claim a bull market could start as early as February 2018. This item was retrieved by us on January 09, 2019 4:01 PM. Check out btcmanager.com for complete listings from this source.
World s 23rd Richest Person Invest into Bitcoin through Bakkt
Bitcoin, the cryptocurrency market and the blockchain industry is something that for a very long time, investors steered clear off. But in the past two years, we?ve seen that notion flip. Post the 2017 December bull, in which Bitcoin set its all-time high at nearly $20,000 USD, it caught a lot of people?s eye. The reason being that no other stock option in the traditional market would ever be able to give them that kind of return. With Bitcoin soaring to newer and greater heights by the end of 2017, many people got involved in the cryptocurrency market. And by extension, the blockchain industry that surrounds it. This item was retrieved by us on January 09, 2019 3:57 PM. See itsblockchain.com to find more similar content.
Bitcoin Headed for a Big Boost from Chinese Demand
Bitcoin (BTC) might be struggling in the market from the growing competition from Altcoins but there is still hope that the coin will soon beat the $4,000 resistance hurdle. BTC has terribly missed the price support it anticipated in 2018 but the sparkle is in the horizon courtesy of Chinese demand. Expectations were high last year that a push from institutional investors would make a digital asset market a better place to stake on, but that was a mirage. Investors have been eager to cash in on the institutional push due to Bitcoin adoption but their aspirations are still on hold. In a recent survey, China comes out as the current leader in Bitcoin and to a larger extent; altcoin interest. Many Chinese are ready to invest in Bitcoin now and in the coming future. This could come at a time when the coin has been struggling for the better part of 2018. This entry was first found by us on January 09, 2019 3:52 PM. See crypterium.com for more similar content.
Japan s Financial Regulator Denies Interest in Bitcoin ETF
Japan?s Financial Services Agency has denied that it is considering to allow Bitcoin exchange-traded funds (ETFs). Japan?s Financial Services Agency has denied reports that it is considering to allow Bitcoin exchange-traded funds (ETFs) Japan?s Financial Services Agency (FSA) has denied that it is considering allowing Bitcoin (BTC) exchange-traded funds (ETFs), Cointelegraph Japan reports Jan. 9. As Cointelegraph reported Monday, Bloomberg has recently published an article claiming that Japan?s FSA is considering the approval of a Bitcoin ETF, citing an anonymous source. Following the reports, Cointelegraph Japan has contacted the regulator, and the FSA?s representatives have denied Bloomberg?s claims, stating: This post was found by us on January 09, 2019 3:11 PM. See cointelegraph.com for complete listings from this source.
Gold Reserves to Bitcoin Reserves: Nick Szabo on Crypto in 2019
Please check your inbox for our authentication email. Thank you for registering to Finance Magnates. Please open the email we sent you and click on the link to verify your account. This Tuesday, as grey clouds hung over the skies of Tel Aviv and rain crashed on to the skyscrapers below, over a thousand people headed to the first Israel Bitcoin Summit. Front and centre at the event, which was held at Tel Aviv University, was Nick Szabo, an early pioneer in the blockchain space and a man many believe could actually be Bitcoin?s anonymous founder, Satoshi Nakamoto. Via a lengthy presentation, Szabo outlined the history of currencies and examined parallels between different forms of cash that were used in the past and the current development of cryptocurrency as a medium of exchange. This post was retrieved by us on January 09, 2019 2:52 PM. You may want to visit www.financemagnates.com for more similar content.
Russia On The Verge Of Investing $10b In Bitcoin
New reports came out earlier this week claiming that the world?s 12th largest economy is on the verge of investing $10 billion into the leading cryptocurrency, Bitcoin. The rumours have come from a Russian economist and lecturer at the Presidential Academy of National Economy and Public Administration in Moscow. Vladislav Ginko has said that the United States sanctions are forcing Russia to diversify. Speaking to the Australian cryptocurrency outlet Micky, Ginko said that he believes Russia doesn?t have any other option: ?US sanctions may be mitigated only through Bitcoin use. Because of US sanctions, Russia?s elite is forced to dump US assets and US dollars and invest hugely into Bitcoins. The Central Bank of Russia sits on $466 billion of reserves and has to diversify in case there is limited opportunities to do it.? This publication was first seen by us on January 09, 2019 2:38 PM. Check out cryptodaily.co.uk for more.
Bitcoin Price Faces Minor Pullback as Indecision Creeps into Market
With the bitcoin (BTC) market showing signs of indecision, prices could soon retreat back below $4,000. The world?s largest cryptocurrency by market capitalization witnessed two-way business yesterday before ending largely unchanged on the day (as per UTC) at $3,995 on Bitstamp. Worryingly for the bulls, BTC created a doji candle on Tuesday ? widely considered a sign of indecision in the market ? even though a bull flag breakout, witnessed yesterday, had seemingly set the stage for a move above $4,300. Notably, the candlestick pattern appeared at the top of the recent recovery rally and near crucial resistance above $4,100, representing bullish exhaustion. This post was discovered by us on January 09, 2019 2:08 PM. You may want to visit www.coindesk.com for complete listings from this source.
Yellow Vest Protestors in France plan to Initiate a Run on the Banks, What does it mean for Bitcoin
The anti-establishment protests by gilets jaunes or ?Yellow Vests? have gripped the country for over seven weeks, the latest reports suggest that the protestors are planning a bank run to collapse the Euro currency system. The French protests began in November as a revolt against rising prices of fuel by the Elitist President Macron. But the protests are not just about rising prices they also represent the distaste of French citizens against the inflations rates, endless money printing and the policies by Mr.Macron. The daily Crusader reports that the protestors are planning a bank run where most of the civilians would withdraw funds from the banks. French boxer Nicolle Maxime took to Youtube to call for people to withdraw their funds from the banks. This article was discovered by us on January 09, 2019 2:05 PM. You may want to visit blockmanity.com for additional posts.
Gold bottomed, stock markets are crashing. Whither bitcoin
There?s been a lot of interest and skepticism around bitcoin as an uncorrelated or ?safe haven? asset. We?re about to find out who?s right. Up until a few months ago, there was a coherent narrative around bitcoin as an uncorrelated asset: one that acted independently of the global markets, and potentially more like gold ? a safe haven that wouldn?t react when stocks and bonds were crashing. That narrative was called into question at the end of 2018, as bitcoin?s slide from $6k coincided with wider turmoil on the markets. Tech stocks in particular were taking a beating, driving the major indexes lower. And, since bitcoin has become more and more popular among regular traders, it should come as no surprise that it was starting to be treated more as a ?risk off? asset ? that is, one you only buy when you?re feeling flush and willing to put some cash into a more speculative play. This piece was retrieved by us on January 09, 2019 2:01 PM. Check out cryptoinferno.org for complete listings from this source.
Gold Backed Crypto Exchange Offers Safe Haven for Crypto Investors - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
GOLD.IO Seeks to Develop Decentralised & Self-Regulating Community Exchange. Turbulence in the global markets is nothing new but the cryptocurrency community has faced an unprecedented 18-month period of flux. The need for a fully decentralised, stable, self-regulated and community-led exchange that can offer investor confidence amidst a chaotic global economy has never been stronger. With a scalable inter-blockchain and decentralised exchange the GOLD.IO platform is not only self-regulated and led by its stakeholders, but asset linked ? offering exchange investors unrivaled portfolio security. Gold has always set the market standard and has benchmarked traditional finance for centuries, so why should the cryptocurrency market be any different? This post was retrieved by us on January 09, 2019 1:49 PM. You may want to visit todaysgazette.com for additional posts.
John McAfee, Tim Draper, Joseph Stiglitz, the Winklevoss twins which of these bitcoin price predictions do you trust the most
Last year was an extremely turbulent one for bitcoin (BTC). We saw an 84 percent fall in BTC?s price, from the all-time high of nearly $20,000 to a low of $3,200. Of course, we expect fluctuations in the crypto market, with prices often rising or falling up to 30 percent in a day. That?s why bitcoin price predictions tend to focus more on the long term. Indeed, many famous people have made bitcoin price predictions recently. John McAfee, Jameson Lopp, and even the Winklevoss twins have made some very interesting statements about how far BTC can go. Bitcoin has always been volatile. Since it arrived on the scene in 2009, the cryptocurrency?s price has risen and fallen many times. BTC?s value plummeted in 2018, with some particularly bad losses in the last few weeks of the year. However, with demand set to increase, many experts believe that BTC is long overdue for another bull run. This could happen soon, or we might have to wait for the block reward halving in 2020. This publication was first seen by us on January 09, 2019 1:45 PM. Visit cryptpresso.com to find more similar content.
Why This CEO Believes Bitcoin Can Go Both Ways
One thing that we all know is that the leading cryptocurrency Bitcoin has a lot of potential in terms of its value. Either that or it could plummet horribly and the crypto bubble bursts once and for all? but let's pray it doesn?t get to that. The founder of Mill Value Partners in Maryland, Bill Miller has said something similar in a recent interview he had with CNBC. ?I like bitcoin because it?s not correlated with [the stock market]. It does have the potential to be worth a lot, and the potential to be worth zero.? According to CCN, Miller has claimed that he isn?t a bull but instead a Bitcoin observer. Despite this, he has a rich history with the leading crypto as back in December 2017, Miller made the headlines after he invested $1 billion of his companies assets in Bitcoin during the height of the market. I wouldn?t like to see his wallet now? This piece was discovered by us on January 09, 2019 1:35 PM. Visit cryptodaily.co.uk for additional posts.
"Bitcoin is a free speech money" , Gab urges 850,000+ users to use Bitcoin
After being banned by Coinbase, free speech website Gab has shifted to offline cheque collection to accept orders for Gab pro for running the social network. Gab?s founder has been pro Bitcoin ever since the censorship issue started with Gab. In his latest move, he explains the Bitcoins to all the Gab active users. If you want to support alternative media, your favorite content creators, and free speech on the internet you are going to need to learn about Bitcoin. Bitcoin is free speech money no bank, no corporation, and no government can stop you from sending and receiving Bitcoins. Bitcoin cannot be censored by anyone. This share was discovered by us on January 09, 2019 12:53 PM. Check out blockmanity.com to find more similar content.
Bitcoin Price Watch: BTC Buyers Not Out of Woods Just Yet
by themerklenews | Jan 9, 2019 | Cryptocurrency News | 0 comments Bitcoin price traded to a new weekly high above $4,100 against the US Dollar. BTC is correcting lower, but dips remain supported above $3,940 in the near term. Yesterday, we discussed about a couple of important supports near $3,940 for bitcoin price against the US Dollar. The BTC/USD pair did correct lower recently, but it found support near $3,940. Later, the price recovered nicely above $4,000 and the $4,050 levels. Buyers even breached the last swing high at $4,084 and a new weekly high was formed at $4,113. However, buyers failed to retain strength, resulting in a drop below $4,080. This post was retrieved by us on January 09, 2019 12:39 PM. Browse themerklenews.com for complete listings from this source.
Bitcoin Lightning Wallets Raise The Bar
The latest in user-friendly Bitcoin Lightning Wallets such as the likes of Bluewallet are set to bring in a revolutionary change to the future of crypto payments. Users are now able to send and receive Bitcoin Lightning payments right from their mobile devices. Raising The Bar: Bluewallet now offers invoice generation as well the receiving of Lightning Network payments directly to mobile devices. On the other hand, Wallet of Satoshi is yet another recently launched user-friendly mobile app which is targeted at the Australian market down under which already boasts similar functionality to that of Bluewallet. With a bunch of other newly-released LN wallets currently making waves in the crypto arena, Bluewallet and Wallet of Satoshi are the most user-friendly and easiest to get started with, due to their simple functionalities. Australians can use Wallet of Satoshi to send BTC via Lightning Network to pay bills and buy products and services from participating merchants across Australia. Together, these two ?parent-friendly? wallets are paving the way for making it easy to send and receive payments. Furthermore, just when you thought it couldn?t get even better, these transactions can be as small as a fraction of cent, and that is just downright revolutionary! But why? Let us tell you. Online Micro-Transactions Are Now Viable: Can anyone remember Changetip? Found back, six years ago in 2013, this app enabled BTC users with the ability to send microtransactions across many social media platforms. Unfortunately, it was short lived as the service just wasn?t economically viable. Added to this were on-chain transaction fees and painful confirmation wait times and this made the overall user-experience especially inconvenient, more so when sending smaller amounts. The service was finally shut down in 2016 when Airbnb acquired it. Enter 2019, and now these aforementioned wallets might just be the resurrection for this concept as transactions currently are instantaneous with almost zero cost with LN payments. Tippin is one of these promising applications for the future of online micro-payments which is similar to ChangeTip but harnesses LN payments instead for better user experience. Meanwhile, another similar service is currently being utilised on the front page of the internet IE Reddit, known as the LN tipbot; it allows anyone on the platform to tip using simple text commands. Yes we know, the functionality is still very much in the teething phase, but the advent of bidirectional and easy-to-use Bitcoin LN wallets now allows users to cash in their tips directly to their mobile devices in mere seconds. Could This Mean Bitcoin Will Scale Beyond Visa? The arrival of these next-gen mobile wallets gives us a unique peek into the possible future of online payments. Of course, there are some notable issues, such as the inability to withdraw sathoshis from the LN wallet to one?s on-chain BTC wallet, but this feature will be added to Bluewallet soon. While we wait for this to happen, the Lightning Network is growing at a lightning-fast rate (see what we did there?) and currently sports over 5000 nodes with well over $2 million USD in capacity. This additional layer which is forming on top of Bitcoin is set to become to the undeniable future of fast and cost-effective online payments while also potentially making altcoins, which were designed to be faster and cheaper, obsolete. Prior to the LN, as we know, Bitcoin could only handle a measly seven transactions per second (tps), which many argued would ultimately mean it could never compete with the likes of traditional institutions such as Visa which can process up to 45,00 tps. However, Bitcoin?s LN promises to handle millions of transactions per second as well as the arrival of sending amounts as small as that of a fraction of a penny. We certainly think that this will ultimately elevate the Bitcoin adoption rate going forward. In addition to this, the possibilities of this technology could be revolutionary in a myriad of other ways. What are your thoughts on the LN network and the advent of Bitcoin Lightning wallets? Let us know by leaving a comment below. This share was discovered by us on January 09, 2019 12:13 PM. Check out coinbeat.com for more from this source.
The 23rd Richest Man in the World Just Invested in the Upcoming Crypto Platform Bakkt
From a big league investment in the future of Bitcoin and cryptocurrency to the first bank to utilize XRP, here?s a look at some of the stories breaking in the world of crypto. The 23rd richest man in the world is investing in the Bitcoin and cryptocurrency platform Bakkt. Hong Kong billionaire Li Ka-shing invested in the upcoming cryptocurrency exchange, which is backed by the parent company of the New York Stock exchange, through his venture capital firm Horizons Ventures. According to the yearly billionaires list published by Forbes, Li Ka-shing is worth about $34.9 billion. Bakkt is pushing to launch physically-backed Bitcoin futures in the first quarter of this year, along with an institutional-grade regulated exchange, clearing and warehousing services for physical delivery and storage. This entry was first found by us on January 09, 2019 11:13 AM. Check out dailyhodl.com for more from this source.
Merklix tree for Bitcoin
Software typically involves people Last summer, I had the opportunity to meet with the Bitcoin ABC folks, and we revisited the pain points which needlessly complicate on-chain scaling for Bitcoin. The Merkle tree flavor as originally implemented in the Satoshi?s codebase comes with its own complications, some of them clearly accidental - as they do introduce unintended vulnerabilities. The Merklix tree angle addresses the scalability challenge as well as fixing the unintended complications of the original design. Abstract: The layout of the Merkle tree as originally found in Bitcoin does not lend itself to incremental embarrassingly parallel processing, which will become a hindrance if the blocks are to become large in the future. Thus, we propose the Merklix tree, a change of the Bitcoin consensus rule that impacts the hashing strategy for a block. The Merklix tree is a bitwise trie supplemented by a Merkle overlay. The Merklix tree lends itself to incremental embarrassingly parallel calculations, and it also maximally preserves the backward compatibility with the existing applicative landscape of Bitcoin. This share was first seen by us on January 09, 2019 11:11 AM. Have a look at blog.vermorel.com for complete listings from this source.
Ethereum Latest Update: Ethereum (ETH) Markets Now Mimicking 2015 Bitcoin (BTC) Price Bottom Ethereum News Today ETH/USD Price Today
The past performance of any digital token is not a guarantee that the future results will turn out the same. However, when history repeats itself often, it becomes difficult to ignore what such price positions imply. This is easily the case with the Ethereum (ETH) price chart. The Ether price (Ethereum?s native cryptocurrency) is starting to mimic the structure of the Bitcoin price from 4 years ago. Ethereum (ETH) Price Today ? ETH / USD An analysis of the Ethereum price movement since September last year indicates that the price action of the second largest digital currency by market value has been mimicking the market structure of the Bitcoin (BTC) bear market bottom from 2015. In cryptocurrency technical analysis and trading, a situation where a similar or repetitive market structure is known as fractals, which actually similar to the patterns that are recurrent in art, mathematics and nature. This data was found by us on January 09, 2019 10:46 AM. Browse smartereum.com to find more similar content.
Winklevoss Twins Committed to Bitcoin ETF
During one ?Ask Me Anything? Reddit session on January 7 2019, Cameron Winklevoss declared that ?Bitcoin (BTC) is the likely winner in the long term.? The optimistic expression by Cameron Winklevoss ultimately proves that the Winklevoss are committed to the Bitcoin ETF. As per the report when answering a question regarding whether the Bitcoin (BTC) will hold on to its number one position on the list of the top digital currencies or not, Cameron expressed an optimistic position on the digital asset going on to say that: ?The Bitcoin (BTC) is undoubtedly the number one crypto. Because it is difficult to defeat network effects, in terms of ?hard currency or store of value? BTC is the most likely winner in the long run.? This publication was first seen by us on January 09, 2019 10:03 AM. Have a look at smartereum.com for additional posts.
Does anyone actually believe this
Reading: Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor Osato Avan-Nomayo · @3rdPesinSingula | Jan 08, 2019 | 12:00 Osato Avan-Nomayo · @3rdPesinSingula | Jan 08, 2019 | 12:00 A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U.S. sanctions, a move that could happen ?in a matter of weeks.? Speaking exclusively to Micky, Vladislav Ginko of the Russian Presidential Academy of National Economy and Public Administration believes new U.S. sanctions will push the Kremlin into diversifying its cash reserves into Bitcoin. This publication was retrieved by us on January 09, 2019 9:33 AM. You may want to visit bitcoinist.com for additional posts.
The Case for a 2020 Bitcoin Bull Run
Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ???????????????????????????????? Since the end of 2018, price action has been demonstrably negative, which surprised many expecting the end of Q4 historical ?pump? in prices. The price plummet appears largely driven by negative sentiment and swathes of selling pressure after the 2018 support level of $6,000 finally broke (dashed black line). This selling pressure kept prices well into the oversold range (using RSI and SWTO) for several weeks. Only recently, has price begun to rebound. Even so, RSI and SWTO are still trending downward (black arrows), which may point to further price weakness at the beginning of Q1 2019 while bitcoin searches for a sustainable bottom. This piece was found by us on January 09, 2019 8:38 AM. You may want to visit www.coindesk.com for more.
Legendary Wall Street investor & fund manager Bill Miller says: Bitcoin bottomed last month, "has potential to be worth a lot" - and he's bought some!
About Global Crypto Press Association Global Technology News Network. Li Ka-shing is his name, and his story is an impressive one. After his fathers death at 15 years old, he left school to work to help hi... This item was obtained by us on January 09, 2019 8:27 AM. Browse www.globalcryptopress.com for additional posts.
New Sanctions Could Push Russia to Dump the US Dollar in Favor of Bitcoin
Could Russia replace the US Dollar with Bitcoin as a reserve currency? According to one prominent Russian economist, the Kremlin could begin diversifying billions of dollars into Bitcoin as early as February ? when the United States plans to introduce new sanctions against Russia. Russian economist and lecturer at the Russian Presidential Academy of National Economy and Public Administration in Moscow Vladislav Ginko believes that new forthcoming US sanctions will force the Russian government to diversify its cash reserves into Bitcoin. Speaking exclusively to Australian crypto news outlet Micky, Ginko explained: This item was discovered by us on January 09, 2019 8:09 AM. You may want to visit bitcoinerx.com for additional posts.
OKEx is launching a rival OTC trading platform to LocalBitcoins. No escrow fees and 24/7 customer support.
We're excited to announce that we will be launching British Pound OTC (over-the-counter) Trading in January 2019. Here, we would like to extend this limited time opportunity to interested merchants from all over the world to join us in embracing and expanding the OTC community. Privileges of being a designated merchant at OKEx OTC Trading: Don't hesitate and join us now! If you have any questions, please feel free to email our Business Development Manager - Mr. Aldrich Victorino at email@example.com or Mr. Elliott Lam at firstname.lastname@example.org This data was found by us on January 09, 2019 7:48 AM. See support.okex.com for more from this source.
Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country?s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. Also read: Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions Mikhail Vidyakin, who heads the important Strategies and Reforms Department at the National Bank of Ukraine (NBU), believes that the main issues around the legalization of digital assets are institutional in nature. There are too many regulators responsible for the oversight of the industry, while cryptocurrencies are not yet regulated and defined in Ukrainian law. This piece was retrieved by us on January 09, 2019 6:15 AM. Check out news.bitcoin.com for more.
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