https://instabitcoin.net/en
Thursday, June 4, 2020
Bitcoin Creator Satoshi Nakamoto Wont Use His 1.1M Bitcoins Ever: Heres Why (current BTC/USD price is $9,811.47)
Latest Bitcoin News:
Bitcoin Creator Satoshi Nakamoto Wont Use His 1.1M Bitcoins Ever: Heres Why
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
Bithumb Global exchange: June 05, 2020 at 05:10AM
🔥 Hedging! Buy $BTC Earn $BTCS 🔥
To celebrate the launch of #SmartToken, we will hold a “Hedging, Buy BTC Earn BTCS” event for community participation!
Details >> https://t.co/N8atl40FH2#Airdrop#Giveaway#Events#crypto#cryptoexchange#blockchain#bitcoin#ETFpic.twitter.com/GLqmJLH0Qr
— Bithumb Global (@BithumbGlobal) June 5, 2020
From $10367 to $9500, we are always looking for reasons for Bitcoin’s ups and downs
In the early hours of June 2nd, Beijing time, Bitcoin jumped up, the amplitude reached 8.69%, and once reached 10367.3 US dollars. The market enthusiasm was instantly ignited.
There are countless transactions in the spot market, almost changing this week’s “dead”, Coinbase “under normal circumstances” under the siege of investors.
After the air force exploded, many military explosions
Compared with the spot market, the contract market, as always, has disappeared in the smoke. As of press time, the long position was 371 million US dollars, and the short position was 354 million US dollars. Both of them opened at 55. This morning, the short position was 344 million US dollars, accounting for 97% of the total.
This shows that during the rise of bitcoin, many investors believe that bitcoin will continue to rise, and more open orders than open orders. However, the ideal is very full, the reality is too skinny, one day’s ups and downs, bitcoin did not rise and fall, and neither the army nor the air force won.
Who really won?
Is it the downtime Coinbase, or the promoters behind it?
This morning, Bitcoin rushed to 10,000 US dollars, and countless big V, analysts, and experienced experts jumped out to guide the operation and explain the reason for the rise of Bitcoin. Most analysts spoke, optimistic about Bitcoin, thinking that Bitcoin will not fall again if it breaks 10,000 US dollars, and 10,000 US dollars is the new fulcrum.
Is this really the case?
Various excuses for ups and downs
In combination with reality, many people believe that the protests and marches in the United States have caused Bitcoin and gold to rise rapidly.
This reminds me of two very similar incidents, the US-Iran conflict (US sanctions against Iran, Iran’s military defense), and the oil price crisis (OPEC, Russia, and US tripartite game). These two incidents are sudden and accidental. One can anticipate how the situation will develop. Bitcoin and gold are instigating a sharp rise and a rapid decline, and finally the situation is contained.
American parade, British parade, New Zealand parade, Japanese parade, Australian parade… In the end, parades erupt in the world. Parade return to parade does not necessarily affect the circulation of stock markets, funds, and currency markets. The operation of capital markets does not rely on these pushes.
New York is the world’s four largest financial centers, and US stocks have maintained an upward trend in 7 consecutive days of demonstrations and continuous epidemics, indicating that capitalists’ hearts are much stronger than ours, and the global epidemic cannot stop US stocks, not to mention a parade (the United States has almost Every year there was a march due to black prejudice, but their situation has not changed so far).
The so-called “American President Donald Trump mobilizes local police and National Guard to disperse protesters”, “American police still violently enforce laws to disperse protesters”, “guns and helicopters continue to be near the White House” As a reason for Bitcoin’s rise.
The parade took place as early as 7 days ago, why is Bitcoin rising now? Why did bitcoin fall back to its original appearance within a day, did the parade end? Is the epidemic over?
No, not at all.
There are two reasons for the rise of Bitcoin. One is that the market needs a message to inspire, everyone is the promoter; second, the promoters are responsible for pushing.
Bitcoin day trip, who won? The retail investors won, and did not. Those who bought bitcoin were either locked or cut; the contract won and the shorts exploded and the longs exploded.
However, the winner has gone far, leaving us to discuss, what impact will bitcoin have today?
[Daily Discussion] Friday, June 05, 2020
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
- Altcoins Discussion: Altcoin Discussion
[Altcoin Discussion] Friday, June 05, 2020
Thread topics include, but are not limited to:
- Discussion related to recent events
- Technical analysis, trading ideas & strategies
- General questions about altcoins
Thread guidelines:
- Be excellent to each other.
- All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
- This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
- No discussion about specific ICOs. Established coins only.
If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.
Other ways to interact:
- Get an invite to live chat on our Slack group and check out the #altcoins channel
- Daily Discussion for bitcoin only: Daily Discussion
- Prior Altcoin Discussion: Altcoin Discussion
Bitcoin Is a Way to Repair Economic Injustice: Author Isaiah Jackson (current BTC/USD price is $9,811.94)
Latest Bitcoin News:
Bitcoin Is a Way to Repair Economic Injustice: Author Isaiah Jackson
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
How to buy Bitcoin very easily, very securely within 2 minutes using your card or bank? [A complete guide for beginners as well as experts. ][VERY LOW FEES]
https://www.youtube.com/watch?v=WnsLmgsRNS4
Gold and Oil Rally
For Trading JUNE 5th
JUST ANOTHER MANIPULATED DAY
U.S. DOLLAR CONTINUES TO WEAKEN
Today’s market was just another that looked like it was going to have a nice steady decline into some well establish support and take a rest. Then, with just the last 40 minutes left it managed to move from the low of the day -180 or so it rallied straight up to finish the day +11.93 (.05%). Does the Orange Emperor really think that people don’t realize that the Dow is only 30 heavily weighted stocks that are easily manipulated at whim? Not the NASDAQ -67.10 (.69%) OR THE S&P 500 -10.52 (.34%), nobody really cares about the Russell -.03 (0%), or the Transports, which never made a new high since 2018, +134.48 (1.42%). Market internals were just okay with NYSE 4:1 up and the NAZ just 1:1, although volume was up a bit. As far as the manipulation goes, there were 3 big movers, BA +79 DPs, GS +29 and TRV +24DPs. 8 of 11 S&P sectors were lower with the winner’s financials, Industrials, and materials while the biggest losers were utilities, real estate, health-care and information technology. The DJIA was split 16/14, doesn’t even matter which way (down).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/Z7KUiEnqLMo
SECTORS: The big news was initial claims up less than expected but still up 1.88million and continuing claims 21,487 vs 20,838. When did it become so “well, it’s not as bad as we thought,” let’s take the NAZ100 to a new high? I mean, the Trade balance was “only up” another $5 billion over last month. On the earnings front we had Smartsheet (SMAR) beat on earnings and revenues but was a touch light on billings for the next Q and they took it down to $47.52 -11.56 (19.6%). Slack (WORK) also beat top and bottom, and gave solid guidance, just not solid enough and they took it to task and sent it from $40.00 to $32.00, pretty harsh, I thought.
On the defensive side, SJM reported too, it too beat but made mention that there might have been some rush buying ahead of the pandemic when PB&J looked like a good idea and sent the stock lower finishing $109.30 -5.29 (4.62%).
And last, I mentioned this in this mornings video, Genius Brands International (GNUS) a firm that produces animated TV for kids has been on a tear. It started in May @ $ .31, by 5/15 it was $1.95 and after a 10 or 11-day consolidation it took off on a 4-day run to 11.73 before closing $6.73 -1.20 after falling to 4.25 during the day.
FOOD SUPPLY: was MIXED with TSN +4.15, BGS +.38, FLO 0.04, CAG -.47, MDLZ -.80, KHC +.29, CALM +.84, JJSF +1.65, SAFM +1.65, LANC +.67, GO -.83, HRL +.06, SJM -5.39, and PBJ $32.41 -.24 (,76%).
BIOPHARMA was LOWER with BIIB -2.95, ABBV +2.11, REGN -5.74, ISRG -8.80, GILD +2.85, MYL +.12, TEVA -.12, VRTX -4.19, BHC +.25, INCY -5.03, ICPY +.33, LABU -2.45, and IBB $131.25 -1.40 (1.06%). CANNABIS: was LOWER with TLRY -.07, CGC +.08, CRON +.27, GWPH -1.23, ACB -.13, PYX -.08, NBEV -.01, CURLF +.01, KERN -.07 and MJ $14.03 -.03 (,21%).
DEFENSE was HIGHER with LMT + 1.85, GD +1.58, TXT +2.23, NOC -.21, BWXT -.85, TDY +7.34, RTX +.06, and ITA $178.80 +3.30 (1.88%).
RETAIL was MIXED with M +.40, JWN +2.07, KSS +1.35, DDS -.50, WMT -1.32, TGT -1.48, TJX -.24, RL +.24, UAA +.20, LULU -6.52, TPR +.72, CPRI +2.23, and XRT $43.32 +.14 (.32%).
FAANG and Big Cap: were LOWER with GOOGL -24.95, AMZN -16.72, AAPL -2.87, FB -3.91, NFLX -7.37, NVDA -.63, TSLA -16.46, BABA -.61, BIDU -3.15, CMG -2.71, CAT +1.87, BA +11.19, DIS +1.51, and XLK $98.90 -.73 (.73%).
FINANCIALS were HIGHER with GS +3.58, JPM +2.20, BAC +1.02, MS +1.77, C +2.47, PNC +3.29, AIG +2.06, TRV +3.53, AXP +1.34, V -3.17, and XLF $25.30 +.54 (2.18%).,
OIL, $37.41 +.12. Oil has managed to trade $37.62 today and has run into the 100-day MA and not even blinked. I will be on watch to get back into the USO puts for a move back to $30-31.00. The stocks were mixed and XLE was $41.74 +.01 (.02%).
METALS, GOLD: $1,1727.40 +22.60. After trading 1761 overnight the gold traded down to 1728 and closed near the lows. The action in the US$ is projecting higher prices for the metals, but it certainly didn’t happen today. Support is just below 1721. We bought back the 3rd and final lot of NEM yesterday @ $58.86.
BITCOIN: closed $9,895 +240. After breaking down from just over 10,000 and trading as low as 8630 last Tuesday we have been clawing our way back toward 10,000. Last night and this morning we traded over $10500 but fell all the way back to the lows. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $11.70 + .39 today.
Tomorrow is another day.
CAM
Gold and Oil Rally
For Trading JUNE 5th
JUST ANOTHER MANIPULATED DAY
U.S. DOLLAR CONTINUES TO WEAKEN
Today’s market was just another that looked like it was going to have a nice steady decline into some well establish support and take a rest. Then, with just the last 40 minutes left it managed to move from the low of the day -180 or so it rallied straight up to finish the day +11.93 (.05%). Does the Orange Emperor really think that people don’t realize that the Dow is only 30 heavily weighted stocks that are easily manipulated at whim? Not the NASDAQ -67.10 (.69%) OR THE S&P 500 -10.52 (.34%), nobody really cares about the Russell -.03 (0%), or the Transports, which never made a new high since 2018, +134.48 (1.42%). Market internals were just okay with NYSE 4:1 up and the NAZ just 1:1, although volume was up a bit. As far as the manipulation goes, there were 3 big movers, BA +79 DPs, GS +29 and TRV +24DPs. 8 of 11 S&P sectors were lower with the winner’s financials, Industrials, and materials while the biggest losers were utilities, real estate, health-care and information technology. The DJIA was split 16/14, doesn’t even matter which way (down).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/Z7KUiEnqLMo
SECTORS: The big news was initial claims up less than expected but still up 1.88million and continuing claims 21,487 vs 20,838. When did it become so “well, it’s not as bad as we thought,” let’s take the NAZ100 to a new high? I mean, the Trade balance was “only up” another $5 billion over last month. On the earnings front we had Smartsheet (SMAR) beat on earnings and revenues but was a touch light on billings for the next Q and they took it down to $47.52 -11.56 (19.6%). Slack (WORK) also beat top and bottom, and gave solid guidance, just not solid enough and they took it to task and sent it from $40.00 to $32.00, pretty harsh, I thought.
On the defensive side, SJM reported too, it too beat but made mention that there might have been some rush buying ahead of the pandemic when PB&J looked like a good idea and sent the stock lower finishing $109.30 -5.29 (4.62%).
And last, I mentioned this in this mornings video, Genius Brands International (GNUS) a firm that produces animated TV for kids has been on a tear. It started in May @ $ .31, by 5/15 it was $1.95 and after a 10 or 11-day consolidation it took off on a 4-day run to 11.73 before closing $6.73 -1.20 after falling to 4.25 during the day.
FOOD SUPPLY: was MIXED with TSN +4.15, BGS +.38, FLO 0.04, CAG -.47, MDLZ -.80, KHC +.29, CALM +.84, JJSF +1.65, SAFM +1.65, LANC +.67, GO -.83, HRL +.06, SJM -5.39, and PBJ $32.41 -.24 (,76%).
BIOPHARMA was LOWER with BIIB -2.95, ABBV +2.11, REGN -5.74, ISRG -8.80, GILD +2.85, MYL +.12, TEVA -.12, VRTX -4.19, BHC +.25, INCY -5.03, ICPY +.33, LABU -2.45, and IBB $131.25 -1.40 (1.06%). CANNABIS: was LOWER with TLRY -.07, CGC +.08, CRON +.27, GWPH -1.23, ACB -.13, PYX -.08, NBEV -.01, CURLF +.01, KERN -.07 and MJ $14.03 -.03 (,21%).
DEFENSE was HIGHER with LMT + 1.85, GD +1.58, TXT +2.23, NOC -.21, BWXT -.85, TDY +7.34, RTX +.06, and ITA $178.80 +3.30 (1.88%).
RETAIL was MIXED with M +.40, JWN +2.07, KSS +1.35, DDS -.50, WMT -1.32, TGT -1.48, TJX -.24, RL +.24, UAA +.20, LULU -6.52, TPR +.72, CPRI +2.23, and XRT $43.32 +.14 (.32%).
FAANG and Big Cap: were LOWER with GOOGL -24.95, AMZN -16.72, AAPL -2.87, FB -3.91, NFLX -7.37, NVDA -.63, TSLA -16.46, BABA -.61, BIDU -3.15, CMG -2.71, CAT +1.87, BA +11.19, DIS +1.51, and XLK $98.90 -.73 (.73%).
FINANCIALS were HIGHER with GS +3.58, JPM +2.20, BAC +1.02, MS +1.77, C +2.47, PNC +3.29, AIG +2.06, TRV +3.53, AXP +1.34, V -3.17, and XLF $25.30 +.54 (2.18%).,
OIL, $37.41 +.12. Oil has managed to trade $37.62 today and has run into the 100-day MA and not even blinked. I will be on watch to get back into the USO puts for a move back to $30-31.00. The stocks were mixed and XLE was $41.74 +.01 (.02%).
METALS, GOLD: $1,1727.40 +22.60. After trading 1761 overnight the gold traded down to 1728 and closed near the lows. The action in the US$ is projecting higher prices for the metals, but it certainly didn’t happen today. Support is just below 1721. We bought back the 3rd and final lot of NEM yesterday @ $58.86.
BITCOIN: closed $9,895 +240. After breaking down from just over 10,000 and trading as low as 8630 last Tuesday we have been clawing our way back toward 10,000. Last night and this morning we traded over $10500 but fell all the way back to the lows. We added 350 shares of GBTC last Wednesday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $11.70 + .39 today.
Tomorrow is another day.
CAM
Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin (current BTC/USD price is $9,774.30)
Latest Bitcoin News:
Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
The basics of crypto-trading: indicators, charts and trend lines
The basics of crypto-trading: indicators, charts and trend lines
Halving on the Bitcoin network has become one of the key events in the cryptocurrency market, which has fueled the interest not only of long-standing players, but also has caused the release of new ones. This is evidenced by recent data on the growing demand for crypto assets on top cryptocurrency exchanges such as Bithumb Global. For those who are just getting acquainted with the crypto-market and want to try their hand at trading a new class of assets, we will tell you what tools crypto-exchanges offer and how to use them in crypto-trading.
To start trading cryptocurrencies, you must first select:
• Crypto-wallet — there are several types of crypto-wallets: hot, cold, desktop, mobile and paper. All of them provide different levels of security and convenience. At the same time, the best option for storing cryptocurrencies is the use of two different wallets — hot and cold. So do most large companies working with digital assets.
• Crypto-exchange is a trading platform that will allow you to exchange, buy and sell cryptocurrencies. Such platforms can be centralized (CEX), decentralized (DEX) or hybrid, combining the qualities of CEX and DEX.
• A crypto-portfolio is a collection of crypto-assets collected for profit. It is best to form it in three stages: part of the currency for long-term storage (from 1 year and longer), another part — a medium-term deposit (up to six months) and a deposit for trading for several days or a week. When starting crypto trading, it is advisable to diversify your investment in a deposit for trading, paying attention not only to the potential of a particular coin, but also to the ways of earning that the cryptocurrency market offers. Experts advise at the initial stages to choose assets from the top 10 rating by capitalization.
Terminology
• Order — a trader’s request for a cryptocurrency transaction. Orders are divided into market orders — for purchase (Buy) or sale (Sell), and pending — requests for a transaction at a non-market price, waiting for it to be at the right level. Pending orders include:
⁃ Limit — for sale / purchase at a price higher / lower than the current market price
⁃ Stop loss — orders to limit the loss
⁃ Take Profit — Take Profit Order
• Market maker and market taker are market participants who create and accept orders. The market maker creates a new transaction request, increases the turnover of the exchange and raises the liquidity of the crypto asset, while the receiving market taker takes the asset out of circulation, lowering its liquidity. In this connection, different commissions are introduced on some crypto exchanges for makers and takers.
• Exchange Cup or Order Book — a table with limit orders, which displays the closest sellers and buyers, where sellers’ orders are marked in red, and buyers are marked in green. The columns of the table show the number of cryptocurrencies and the price at which they intend to sell or buy. At the junction of these tables, a spread is formed — the difference in the price of supply and demand. The lower the spread, the more liquid the cryptocurrency. The analysis of the stock market is a leading indicator of the state of the market, since it allows you to predict changes before they happen.
• Long and short positions (Long and Short) — the usual “mode” of trading. In the case of a long position, we buy cheaper and sell more. It is believed that the growth of assets in the market is a long process, therefore, work in this direction is also called long. The second option means a short position, that is, a game for a fall. The market believes that the decline in the value of assets occurs quickly, that is, in a short time. Therefore, this position is called “short.”
• Exchange chart — shows the change in the price of cryptocurrency over time and is the most important tool for technical analysis. Charts display price changes with a line, bar and candlestick.
• Bulls and bears — in the market so-called buyers and sellers. There is an analogy with the nature of animals: buyers always push the price up, creating a demand for something, and it turns out that the price seems to be pushed by horns. In this connection, bulls are optimists, they believe that the prices of the shares they bought will rise, and someday they will sell the asset more expensive than they bought. The bulls in the market are overwhelming (by approximate estimates, up to 80%), long investments are kept on them, and the bull trend means stable growth of stocks and general welfare. Bears, in turn, are sellers who have learned to capitalize on a falling market: they usually try to sell cryptocurrencies faster, often lowering the price of an asset. Concluding a contract for the sale, they fix its value, and then wait until the goods fall in price, close the deal and put the proceeds in their pocket. Bears are interested in a constant reduction in prices and achieve their goal, provoking an increase in supply: open short positions and sell until the price drops to the desired level.
• Technical analysis is a set of tools for market forecasting of prices based on the movement of value in the past. In technical analysis, the same tools can be used for different markets and trading pairs with a slight adjustment of indicators. Also, technical tools are equally successfully used on any timeframes — from a minute to a year.
• Fundamental analysis — this type of analysis is based on the consideration of financial and production market indicators that may affect the price of a traded instrument. The mood of market players, current and growing trends, indicators of production activity — all this information can give an extensive idea of the potential of the investment object in question. The main disadvantage of the fundamental analysis is that the information provided by him is insufficient to predict the movement of prices in some local areas. It is possible to determine a potentially good company that has excellent financial performance and has real prospects, but it will be impossible to determine the moment of entering a short-term profitable trade with a good indicator of risk to profit ratio.
• Pattern — behavioral model / trading setup / market pattern. Patterns are one of the most common methods for analyzing price movements. Each pattern is always based on a certain idea, the simplest and most understandable. There are a lot of trading models, but all of them are derived from the classical model of breakdown or rebound from certain significant price levels.
Basic cryptocurrency trading tools at Bithumb Global
Using the example of a centralized cryptocurrency exchange Bithumb Global, we will analyze the main elements that cryptotraders will encounter in the initial stages of trading. When choosing a cryptocurrency exchange, first of all, you need to pay attention to the presence of:
⁃ Convenient ways to deposit and withdraw funds
⁃ Fiat currency support
⁃ High number of trading pairs
⁃ Information on the current state of cryptocurrency rates
⁃ Cryptocurrency Rate Charts
⁃ Technical indicators
⁃ Different levels of user verification
⁃ Built-in cryptocurrency wallet
⁃ 24/7 tech support
On the Bithumb Global main page, a selection of top trading pairs is offered, where cryptocurrency tickers are listed, their price, exchange rate for the last day, daily trading volume and the asset quotes movement chart.
Top trading pairs at Bithumb Global. Source.
If you select a pair from this list, then Bithumb Global will automatically transfer the user to the Base Version of Spot Trading. Spot trading — the terms of the transaction with cryptocurrency, in which payment is made to both parties immediately.
Here the user can get acquainted with the latest price of an asset, the volume of transactions with it, data on transactions and the minimum and maximum prices for the last day.
Basic Version of Spot Trading on Bithumb Global. Source.
You can select another trading pair in the top menu by hovering over the corresponding button, but the easiest way is to find the desired pair through the search. At the same time, the Professional Version of Spot Trading opens up a wider set of tools for the user, which will be discussed later.
Trading Tools Professional Version Bithumb Global
On the Professional Version, users can use price charts in the form of Candles, which look like a series of vertical lines and display price changes, where the upper point shows the maximum that the price has reached and the lower one — the minimum. If the closing price is lower than the opening, then the candle will be painted red or black, and if higher, then green or white. Knowing the direction of the price movement (body color of the candle), we can say exactly where the closing and opening prices are.
Price chart in the form of Candles at Bithumb Global. Source.
Also in this version of Spot Trading, a price chart is available to users in the form of a Glass, where sellers ‘bids are marked in red and buyers’ bids are marked in green. The analysis of the stock market is a leading indicator of the state of the market, since it allows you to predict changes before they happen. If, for example, a large congestion of sales requests at the upper price limit can be noted, then as soon as the market reaches this limit, a recession will provoke, triggered by a large number of sales.
Price chart in the form of a Glass on Bithumb Global. Source.
Price charts also have different timeframes — from 1 minute to 1 week, which allows you to conduct a more in-depth analysis of the movement of quotes of the selected asset.
Bithumb Global price chart timeframes. Source.
Also in this version of Bithumb Global, various Indicators are available to traders. In total, the cryptocurrency exchange provides about 80 different indicators that will help in the technical analysis of the movement of crypto asset quotes.
Let’s analyze the main indicators available on Bithumb Global:
• Volume — allows you to track the number of transactions completed by traders over a specific time interval. Green and red bars are indicators of the volume of transactions: red signals a decrease in volume, green — its growth. By analyzing the volume of transactions against the background of the price movement chart, you can confirm the strength of the trend or reveal its weakness and predict a price reversal. If prices rise and trading volume rises, we observe a bullish trend. An increase in trading volume in the event of a decline in prices indicates a bearish trend.
• Moving Average (MA) is just as popular a tool as volume is. The indicator function analyzes the average prices for the selected time interval, which gives a relative idea of the general price trends. If the actual price of cryptocurrency for a long time keeps above the moving average, we can assume that it will continue to grow. Accordingly, a fall below MA is a signal to lower the price of an asset. For more accurate forecasts, it is advisable to use several moving averages based on different time intervals. Moreover, in case of disagreement, it is customary to consider the value of the average based on a longer period of time. If the signals from several moving averages coincide, we can talk about a fairly accurate forecast.
• MACD (Moving Average Convergence Divergence) — having trained on one moving average, we will move on to a comprehensive analysis of this indicator. The MACD tool analyzes the convergence and divergence of three moving averages and can signal the beginning of a new trend. MACD also works well on different timeframes and is a fairly simple and popular indicator of technical analysis.
• Zig Zag is an auxiliary indicator that analyzes the highest and lowest points of the cryptocurrency exchange rate and allows you to determine the correct entry points into the market. The plus of the indicator is that it eliminates the noise that can distort the forecast of the trend behavior. Minor fluctuations are simply not taken into account: lines connect the highest and lowest points of the price chart directly. The zigzag shows global market movements, but at the same time it only captures these changes in the past, without giving forecasts on the price behavior in the future.
• Relative Strength Index (RSI) — shows the greatest efficiency in a sideways trend. With active course dynamics, RSI may produce incorrect data. Such indicators of technical analysis are called oscillators, and they must be used with caution. The indicator’s algorithms analyze price changes and allow you to evaluate the oversold or overbought status of an asset and, therefore, predict the occurrence of a bull or bear trend.
• CCI (Commodity Channel Index) — The CCI or Commodity Channel Index, as well as the Relative Strength Index (RSI), helps evaluate overbought or oversold assets. This chart with values from minus 100 to plus 100 is displayed under the current price chart and can be applied on any timeframes. A CCI of more than a hundred means that the asset is overbought, and the price is about to fall, and on the contrary, a CCI below minus one hundred indicates the oversoldness of the asset and the likely increase in its price. This tool also refers to oscillators and is used during a lateral trend when there is no clear idea of how the price will behave in the near future.
• ADC and DI — the index of the average direction and direction of movement, signals a change in trend. It looks like three lines on the chart: red — bears, green — bulls, blue (there may be other colors on different platforms) — the strength of the trend. This indicator is fairly reliable on four-hour and day frames. If the trend strength line is within 10−20 points, this indicates that the trend is gaining strength, but if the indicators reach 60−80 points, you should wait for the trend correction. The green and red lines will show who sets the market mood — bulls or bears. If the green line crosses the red line, the trend becomes bullish, and vice versa.
Indicators at Bithumb Global. Source.
Another useful tool available on the Professional Version of Bithumb Global is Trend Lines. It allows you to demonstrate in which direction the price of an asset is moving. The Dow theory, which is the basis of all technical analysis, suggests that no matter how the price behaves, it will always be in a particular trend. If the price behaves relatively evenly and stays in the same range without showing either growth or decline, such a trend is called a side or flat trend.
A growing (“bullish”) trend is characterized by the appearance of a series of ascending highs, with each new peak must be higher than the previous one. Accordingly, the “bearish” downtrend shows points of failure (price low), each subsequent of which will be lower than the previous one.
A trend line can be built on two points of a minimum or maximum, and a third confirming one is mandatory. The more points form a trend line, the more confident and stable the trend itself. The construction points should not be too close to each other in the time frame, otherwise the direction of the trend will not be completely correct. Please note that the uptrend line is plotted below the chart, and the downtrend is above it. The slope on the trend line should also be taken into account — its constancy indicates the stability of the trend. The change in the angle of the trend line is called the acceleration or deceleration of the price movement. The larger the angle, the faster the trend.
A line through price lows is called a support line. As soon as the price reaches it, it finds market support there and, pushing off, again strives upward. The line connecting price highs is called the resistance line.This is the level above which the value of the asset has not yet risen. If the price breaks the support or resistance line, this is a clear signal for a trend violation and a change in trading tactics.
Trendlines at Bithumb Global. Source.
Finally
The above are the basic trading tools available to traders of the Professional Version of the Bithumb Global crypto-exchange. They will help you figure out how to properly analyze the key metrics of cryptocurrency assets so that you can build the most advanced trading strategy. However, this is not the whole range of tools available to Bithumb Global traders. Follow DeCenter materials to learn about the intricacies of cryptocurrency trading on the advanced cryptocurrency exchange.
[uncensored-r/BitcoinMarkets] [Daily Discussion] Thursday, June 04, 2020
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Binance Support Phone Number (𝟏𝟖𝟒𝟒-*𝟗𝟏𝟖-*𝟎𝟓𝟖𝟏) @ Binance Customer Service Number
Binance support number 1844-918-0581 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1888-310-8025 brand. 𝟏𝟖𝟒𝟒 𝟗𝟏𝟖 𝟎𝟓𝟖𝟏
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-918-0581's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-918-0581had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1888-310-7194's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1800-561-8025was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1800-561-8025is not under its jurisdiction. Since then Binance support number 1800-561-8025has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Binance support number 1800-561-8025has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
"Wherever I sit, is going to be the Binance support number 1800-561-8025office. Wherever I need somebody, is going to be the Binance support number 1800-561-8025office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1800-561-8025isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1800-561-8025has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1800-561-8025that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1800-561-8025 announced that the exchange had frozen the funds. He also added that Binance support number 1800-561-8025is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
Bitcoin Buyers Cannot Ignore This 3-Year 70% Returns Hack — Analyst (current BTC/USD price is $9,535.84)
Latest Bitcoin News:
Bitcoin Buyers Cannot Ignore This 3-Year 70% Returns Hack — Analyst
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
KuCoin exchange: KuCoin AMA Series -KuCoin Futures — Full Transcript | June 04, 2020 at 12:33PM
KuCoin AMA Series -KuCoin Futures — Full Transcript
Dear KuCoin Users,
Time: 3rd, June, 2020, 20:00–21:00 (UTC+8)
KuCoin hosted an AMA (Ask-Me-Anything) session with KuCoin Futures in the KuCoin English Telegram Group.
Host:
Alicia — Senior Partner of KuCoin
Guest:
Johnny Lyu — Founder and CEO of KuCoin Global
Winar Zhang — Head of KuCoin Futures
Introduction to KuCoin Futures
Firstly launched on July 8, 2019, KuMEX is a cryptocurrency derivatives trading platform
developed and backed up by the KuMEX team that offers various leveraged contracts.
Since its inception, KuMEX has pushed through with ‘Users First and Foremost’ as its core value and grown rapidly together with users, upholding the principle of security and transparency. KuMEX has insisted on taking the tech as its backbone and building a better trader relationship while constantly pushing for the sustainable development of the digital currency trading ecosystem as the ultimate goal.
This platform focuses on leveraged trading and supports leverage up to 100x with a smart algorithm for index calculation. It comes in two formats: Lite and Pro, for new starters and experienced investors respectively. It also offers Level 3 market data feed support. Both USDT-Margined and BTC-Margined Futures, Perpetual, and Delivery Futures are available on the platform.
Q&A from KuCoin
Alicia: Johnny, would you like to introduce the major changes in KuCoin Futures’ brand upgrade this time?
Johnny: The official website of KuCoin Futures has been updated to futures.kucoin.com (https://futures.kucoin.com/), as well as the communities and social media channels. The original domain name kumex.com will still be available for the next 6 months. Users do not need to re-register, and they can continue using their original accounts to access the web, app, and API.
Here, I’d like to share our cool brand video and pages of our brand-new KuCoin Futures: https://land.kucoin.com/brand-upgrade-program.
Alicia: As the key focal point of KuCoin’s development, what effects will this brand upgrade have on KuCoin and KuCoin Futures?
Johnny: The upgrade of the branding is a milestone, which marks the fresh new chapter of positioning and core value for KuCoin Futures.
For KuCoin, the derivatives market would become one of the core trading venues in Crypto field in the future. By the time, the proportion of its trading volume will get dramatically elevated in the traditional financial field.
The next few years are the golden age for the rapid development of the derivatives, and the upgrading of the brand of KuCoin’s futures trading will grant it more resources and chances for the constant polishing and promotion of the products. This will surely open up a broader prospect and explore the vast potential for KuCoin’s futures development.
On the other side, strategically, KuCoin has been working on the layout of its ecosystem construction. As the derivatives market is getting more and more mature, we believe that the value and the global influence of KuCoin on the derivatives market will become more and more evident. Within this golden period, the growing maturity and development of KuCoin Futures will for sure become the most critical driving force to boost the development of the overall KuCoin ecosystem.
Alicia: What makes KuCoin Futures different from other future trading platforms? And what convenience can we get if we trade in KuCoin Futures?
Einar: What KuCoin Futures distinguishes itself from other futures trading platforms are:
1. Globalization
KuCoin is at the top of globalization deployment with 5 million users around the world. About 10% of these users have enabled futures trading. KuCoin Futures provides 24/7 customer services with 14 languages available together with professional translation support. Each year, we will hold more than 40 meetups for global users.
2. Product & User Experience
We valued the interaction experience for users very much and has designed and developed KuCoin Futures Lite and Pro versions for traders of different demands. Users can trade anytime and anywhere via our official website, App, API as well as H5.
3. Leading Technology
KuCoin is a team with technical genes. Since the very beginning of our KuCoin Futures project, the team has selected the most professional engineers and experts with technology as belief and pursuit, and this has kept our technology the pioneer in the industry.
Alicia: Building an exchange and gaining a trust must be really difficult. What difficulties and challenges did you face in the developing side?
Einar: Exchange platform, especially the derivative ones, its entire system is indeed complicated. To make users feeling secured to trade on our platform, we need to firstly win their trust.
We are the only futures trading platform supporting level 3 market data that offers all-round market news pushes to ensure the openness and transparency of data and avoid malicious manipulations.
We have innovated the technologies including dynamic traffic distribution for high-frequency tradings, intelligent index outlier recognition algorithms, etc., which has greatly improved the robustness and accuracy of our system under extreme market fluctuations.
For example, the current index price on KuCoin Futures is calculated based on the latest trade price from six exchanges. We found that to guarantee and improve the effectiveness of the index price we used, KuCoin Futures must be equipped with a good fault tolerance towards the interfaces of those exchanges.
As there may be problems like API modifications, downtime, error notifications, etc., which can result in the error of index price and further lead to serious accidents that have happened before within this field, therefore, we have developed a series of intelligent algorithms in index outlier recognition and they turn out to be very efficient. Up to now, our platform system is working very well thanks to the works we have done.
Alicia: For a newbie into futures trading, what indicators and options do you recommend? How robust are your matching engines and order speed?
Einar: More and more spot traders, even users who haven’t engaged in cryptocurrency are starting futures trading these days. Newbies are always getting confused by the complicated logic and display of trading interface. To avoid such problems, KuCoin Futures has provided the Lite version to help the novices to have a quick and clear understanding and experiencing of the futures trading.
Our KuCoin Futures Lite has covered all the basic components that futures trading needs: Sign up -> Log in -> Deposit -> Trade and real-time market tracking and monitoring. User can access to trade via web or H5.
We will be providing more videos and guides for beginners and organize seminars for futures tradings shortly. You can find out more by joining our KuCoin Futures Telegram: https://t.me/KuCoin_Futures_TG.
Alicia: Some of our users has a suggestion. Chain trade: Opening a position with the potential outcome of active trade. If the active trade closed (stop-loss, limit, etc.) new position opens automatically.
Einar: Interesting suggestion. We haven’t yet provided such function on KuCoin Futures, but actually, it can be realized through API, it indeed is about quantitative trading.
We always think of quantitative trading as a matter of professional institutions or the kind that will require a large sum of money. However, it is not. KuCoin Futures has released the “Quantitative Program for Users” that our professional quantitative trading team is offering diversified quantitative trading strategies and script for users.
Traders only need to set up the parameters according to their needs to start their quantitative trading and this way will be of great help for beginners. Our platform has also organized a series of classes over quantitative strategies and practices. Welcome to join us by contacting newapi@kucoin.plus!
Below is the link of trading strategy: https://github.com/Kucoin-academy/Guide, where general trading strategies and illustrations can be found.
Alicia: I’ve noticed that the USDT-Margined ETH Contract has been launched on June 2. Can you give us more details about this brand-new product? What features can we expect out there?
Einar: Sure! As the first futures not using BTC as the underlying asset on KuCoin Futures, the ETH Perpetual Futures is top-equipped with. The highest leverage of 100x. The lowest maintenance margin rate of 0.5%. Low maintenance margin rate means it is less likely to get liquidated on KuCoin Futures when opening positions under the same margin and price, and this will bring great benefits for users.
With the advent of ETH 2.0, the Ethereum’s active address and price have greatly increased. We hope that the launch of the ETH perpetual futures this time can attract Ethereum followers to our platform.
Alicia: How to keep the motivation to use your futures platform in the long term?
Einar: Apart from the previously mentioned advantages in technology and products, KuCoin Futures has rolled out various programs for users centered on “Traders First”:
1) VIP Program: Users with futures trading volume ≥ 20 BTC in 30 days can join the VIP Experience Program and enjoy 0% maker fee. For users who are already VIPs on KuCoin Futures, they can enjoy a quadruple jump in VIP level. In addition, we also provide one-on-one VIP services and trading strategy support.
2) Affiliate Program: No matter you are a crypto trader, influencer, content writer, community contributor or even a business entity, come to join and become a business partner of KuCoin Futures and turn your personal influence into tangible benefits. We are offering up to 50% commissions for referrals and professional business development support.
Business Partner of KuCoin Futures: https://futures.kucoin.com/agent.
3) Trading Activities: Until June 9, 2020, all futures are 20% off in trading fees, time-limited trading fee discount for ETH futures which is up to 100%, with trial fund reward worth of 3,000 USDT. More info can be found here: https://www.kucoin.com/news/en-celebrate-the-launch-of-eth-contracts.
Alicia: Where do you see KuCoin Futures in 2 years’ time?
Einar: In the next two years, we will focus more on the development of our financial products and new trading engine and keep improving our financial products and technologies. Our roadmap:
2020.07: Launch EOS/XRP and other futures
2020.11: Launch portfolio margin
2021.08: Launch new trading engine
2021.10: Support more portfolios
2022: Launch options
Free-Ask
Q1: How secure is KuCoin Futures?
For KuCoin Futures, the security defense builds a security depth defense system from four levels: organization system, management system, technical system, and execution system. We also have the big data risk control platform, which can detect the abnormal behavior of users in real-time, and perform early warning and interception processing.
Q2: As we know lately bitcoin price dumped hard -$1,000 in just a few minutes, and also in Bitmex almost drop $2,000 which effects liquidation to users, how you guys can ensure that Kucoin Futures is safer than others for users?
BTC price dumped quickly yesterday, BitMEX reached the lowest 8600 and the lowest price of KuCoin Futures was 9254. To ensure the trading experience under extreme market conditions, the update frequency of our market price is 1/s to keep sensitive to price changes. Meanwhile, the overall liquidation is higher, which helps to ensure the prices of extreme markets are reasonable.
Q3: Is KYC verification needed to use the KuCoin Futures? What benefits that KuCoin Futures offers to KYC verified users?
It is not necessary to use KYC in KuCoin Futures, you can start trading after registration. But after completing the KYC, you can get the maximum 100x leverage, and enjoy the higher daily withdrawal limit which can reach up to 100 BTC.
Q4: Currently, Perpetual Swap & Futures still does not support the trader to set advanced orders such as stop limit, trailing stop … like MT4 or BitMEX exchange platform. So in the next time will Kucoin add the same tool to the trader?
Now KuCoin Futures supports many kinds of senior entrusts, which include post-only, hidden, reduce-only, GTC/IOC. And you can use take-profit/stop-loss, Close Position by Limit/Market Price with full or part position when you have positions.
*** If you haven’t got a KuCoin account yet, you can sign uphere! ***
KuCoin AMA Series -KuCoin Futures — Full Transcript was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.
Buy & Sell With Bitcoin-2020 Guide for your Online Business!
DOWNLOAD LINK: megafile3.top/file/Buy & Sell With Bitcoin-2020 Guide for your Online Business!
Weekly general discussion - June 04, 2020
Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.
[uncensored-r/BitcoinMarkets] [Altcoin Discussion] Thursday, June 04, 2020
The following post by AutoModerator is being replicated because some comments within the post(but not the post itself) have been silently removed.
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Thread topics include, but are not limited to:
- Discussion related to recent events
- Technical analysis, trading ideas & strategies
- General questions about altcoins
Thread guidelines:
- Be excellent to each other.
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- This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
- No discussion about specific ICOs. Established coins only.
If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.
Other ways to interact:
- Get an invite to live chat on our Slack group and check out the #altcoins channel
- Daily Discussion for bitcoin only: Daily Discussion
- Prior Altcoin Discussion: Altcoin Discussion
Bitcoin vs. Altcoins
I’ve included basic information about Bitcoin compared to some of the Altcoins that I follow (Ethereum, Stellar, Z-Cash), highlighting key differences along with citations.
Bitcoin (BTC): entrust your money to those with the most computing power (PoW); OG cryptocurrency - 600-second block time (10 minutes) - bandwidth: 3.5 transactions / second - suggested to wait for 6 confirmations - current cost to include 1 transaction in next block $1.40 - Bitcoin Reddit community - Learn More
Ethereum (ETH): entrust your computation to those with the most computing power (Ethereum v1.0 = PoW) or money (Ethereum v2.0 = PoS) - 14-second block time - bandwidth: 8 transactions / second - suggested to wait 5-30 confirmations - current cost to include 1 transaction in next block $0.43 - Ethereum Reddit community - Learn More
Stellar (XLM): entrust your money to those you trust regardless of computing power or money (SCP: Stellar Consensus Protocol); has on-chain currency conversions - 5-second ledger (block) time (live dashboard) - bandwidth: 1,000 transactions / second (5,000 transactions per ledger / 5 seconds per ledger = 1,000 transactions per second) - suggested to wait 0 confirmations; there are no additional block confirmations required since there is no “longest-chain wins” rule in the consensus algorithm - current cost to include 1 transaction in next block $0.0000008 - Stellar Reddit community - Learn More
Z-Cash (ZEC): entrust your money to those with the most computing power (PoW) + anonymity - 75 second block time - bandwidth: 6 - 26 transactions / second (6 if all transactions in the block are anonymous, 26 if all transactions in the block are transparent, ranges in between) - suggested to wait 24 confirmations - current cost to include 1 transaction in next block $0.0000005 - Z-Cash Reddit community - Learn More
Disclaimer: None of the above should be construed to be investment advice, a solicitation to buy any of the above tokens, or factual information in any way and readers should do their own research to verify the above information. My intention is to provide some information about alternative cryptocurrencies (Altcoins). I have only specified a few altcoins here and if there is enough interest I can do a second post with additional tokens. I work at The Stellar Development Foundation as an Engineer.
Coinbase Support Number +(𝟏) 𝟖𝟑𝟑-𝟗𝟐𝟐-𝟏𝟗𝟗𝟔 expression "engineered resource"
Coinbase Support Number +(𝟏) 𝟖𝟑𝟑-𝟗𝟐𝟐-𝟏𝟗𝟗𝟔
What is an engineered resource?
Coinbase Support Number1833-922-1996 expression "engineered resource" alludes to a blend of benefits that have a similar incentive as anoCoinbase Support Number1833-922-1996r advantage. Generally, synCoinbase Support Number1833-922-1996tics consolidate different subordinate items — choices, prospects or trades — that mimic a hidden resource — stocks, securities, wares, lists, monetary forms or financing costs.
For instance, as opposed to buying a stock, a speculation firm may buy a consider choice and sell a put alternative on a similar stock. Coinbase Support Number1833-922-1996 utilization of engineered resources here permits Coinbase Support Number1833-922-1996 firm to utilize numerous money related vehicles as opposed to a solitary venture resource.
Coinbase Support Number1833-922-1996 very good quality gauge for Coinbase Support Number1833-922-1996 estimation of every subordinate agreement is upwards of $1.2 quadrillion — a number exponentially greater than worldwide land ($217 trillion), Coinbase Support Number1833-922-1996 worldwide obligation ($215 trillion), worldwide financial exchanges ($73 trillion) and Coinbase Support Number1833-922-1996 world's flexibly of gold ($7.7 trillion).
On one hand, subsidiaries can be utilized to assist remove with estimating hazard from an assortment of benefits like wares to obligation. Coinbase Support Number1833-922-1996n again, subsidiaries can advance and compound market wasteful aspects, empowering a lose-lose situation among brokers instead of making genuine market esteem. Coinbase Support Number1833-922-1996 utilization of subordinate items permits speculators to gain returns without a physical settlement, exchange, move hazard and support against value vacillations.
What are crypto manufactured resources?
Digital money based engineered resources plan to give clients introduction to a wide range of advantages without expecting to hold Coinbase Support Number1833-922-1996 fundamental resource. This could be anything from fiat monetary standards, for example, Coinbase Support Number1833-922-1996 United States dollar or Coinbase Support Number1833-922-1996 Japanese yen, to items like gold and silver, just as list reserves or oCoinbase Support Number1833-922-1996r advanced resources.
By utilizing Coinbase Support Number1833-922-1996se one of a kind engineered resources, speculators can even now hold tokens that track Coinbase Support Number1833-922-1996 estimation of certain advantages without expecting to leave Coinbase Support Number1833-922-1996 digital currency environment. Crypto manufactured resources likewise offer clients all Coinbase Support Number1833-922-1996 advantages of decentralization, as Coinbase Support Number1833-922-1996y are available to all clients across fringes by utilizing made sure about savvy contracts and different instruments, and Coinbase Support Number1833-922-1996 information is put away on disseminated records.
What sorts of crypto engineered resources are Coinbase Support Number1833-922-1996re?
Abra is a decentralized speculation stage that permits clients to utilize Coinbase Support Number1833-922-1996ir cryptographic money as security to make engineered resources. Abra's engineered resource model use savvy contracts empowered with Bitcoin (BTC) and Litecoin (LTC).
Practically speaking, if a speculator needed to purchase Google stocks worth $1,000 through Abra, Coinbase Support Number1833-922-1996 firm would peg $1,000 of Coinbase Support Number1833-922-1996 client's BTC against Coinbase Support Number1833-922-1996 cost of Google's stock. In Coinbase Support Number1833-922-1996 event that Google goes up or down, Coinbase Support Number1833-922-1996 proportionate measure of BTC will be included or deducted from Coinbase Support Number1833-922-1996 client's agreement.
In Coinbase Support Number1833-922-1996 above model, Coinbase Support Number1833-922-1996 financial specialist would basically be taking a short situation on BTC while taking a long situation on Google, Coinbase Support Number1833-922-1996 supported resource. In Coinbase Support Number1833-922-1996 mean time, Abra would take a long situation on BTC while shorting Google.
SynCoinbase Support Number1833-922-1996tix is an ECoinbase Support Number1833-922-1996reum-based stage that permits financial specialists to mint and exchange engineered digital currency on its distributed stage. This empowers clients to access engineered items that at Coinbase Support Number1833-922-1996 same time give Coinbase Support Number1833-922-1996m presentation to non-digital money resources, for example, gold, USD and stocks. Coinbase Support Number1833-922-1996re is right now more than $69 million secured engineered subsidiary agreements.
SynCoinbase Support Number1833-922-1996tix at present has three decentralized applications: Coinbase Support Number1833-922-1996 SynCoinbase Support Number1833-922-1996tic trade, Mintr — which empowers clients to stake Coinbase Support Number1833-922-1996 stage's local SNX token so Coinbase Support Number1833-922-1996y can procure charges and mint Synths — and a Dashboard that presents a review of Coinbase Support Number1833-922-1996 whole SynCoinbase Support Number1833-922-1996tix Network. Coinbase Support Number1833-922-1996 SynCoinbase Support Number1833-922-1996tix group has manufactured a multi-level issuance stage, a trade and a kind of security, making a business opportunity for digital money sponsored engineered resources. SynCoinbase Support Number1833-922-1996tix permits clients to give different manufactured resources, including fiat, subsidiaries, digital currencies and diverse resource classes. Models could be Bitcoin, euro, USD, Tesla stocks, gold, and so on.
Coinbase Support Number1833-922-1996 client puts guarantee, as SNX tokens, so as to make Coinbase Support Number1833-922-1996se engineered resources. At that point Coinbase Support Number1833-922-1996 client would have Coinbase Support Number1833-922-1996 option to trade or trade one manufactured resource for anoCoinbase Support Number1833-922-1996r, repricing Coinbase Support Number1833-922-1996 guarantee through a prophet without a middle person.
Widespread Market Access is a decentralized stage for monetary agreements that uses a "provably genuine prophet system" and keen agreements to enable clients to make Coinbase Support Number1833-922-1996ir own money related items.
Basically, UMA clients can make money related items, utilizing conventions, for example, ERC-20 to make tokenized subordinates that award Coinbase Support Number1833-922-1996m presentation to certifiable basic resources like how customary trade exchanged subsidizes work.
For what reason are crypto manufactured resources a serious deal?
Cryptographic money collateralized manufactured cash models controlled by brilliant agreements can have gigantic ramifications in Coinbase Support Number1833-922-1996 customary account industry. In Coinbase Support Number1833-922-1996ir quintessence, Coinbase Support Number1833-922-1996se models offer cryptographic money holders Coinbase Support Number1833-922-1996 influence to exchange conventional resources just as Coinbase Support Number1833-922-1996ir subsidiaries while staying in Coinbase Support Number1833-922-1996 computerized environment.
Decentralization awards open-access to a worldwide network of financial specialists. Before items, for example, Abra, SynCoinbase Support Number1833-922-1996tix and UMA opened up, just a chosen few institutional financial specialists could get to Coinbase Support Number1833-922-1996 worldwide subsidiaries showcase. Presently, anybody with a cell phone and a middle comprehension of Coinbase Support Number1833-922-1996 engineered resource underworkings can get to Coinbase Support Number1833-922-1996se incredible venture vehicles.
With digital money engineered resource stages making Coinbase Support Number1833-922-1996 ways for subsidiaries for a huge number of new speculators, Coinbase Support Number1833-922-1996 truth will surface eventually what sort of effect a potential surge of new cryptographic money collateralized subordinate agreements will have on Coinbase Support Number1833-922-1996 conventional budgetary scene.
Bittrex Helpline number $1^845^261^9663 BIttERXSuPPORT Bittrex Helpline number Bittrex Helpline number
Bittrex guide can be accessed in case you desire to comprehend extra about cryptocurrencies. The buying and selling platform encompasses a vast vary of preferences to its customers for buying and selling with Etereum and Bitcoin. In different words, we can say that cryptocurrency is the cash of today’s as nicely as future generation.
Bittrex Helpline number 1-845-261-9663
Bittrex Helpline number 1-845-261-9663
Bittrex Helpline number 1-845-261-9663
Bittrex Helpline number 1-845-261-9663
Bittrex customer support number^1^845^261^9663 BIttERXSuPPORT Bittrex customer support number Bittrex customer support number
Bittrex customer support number
Bittrex guide can be accessed in case you desire to comprehend extra about cryptocurrencies. The buying and selling platform encompasses a vast vary of preferences to its customers for buying and selling with Etereum and Bitcoin. In different words, we can say that cryptocurrency is the cash of today’s as nicely as future generation.
Bittrex customer support number 1-845-261-9663
Bittrex customer support number 1-845-261-9663
Bittrex customer support number 1-845-261-9663
Bittrex customer support number 1-845-261-9663
Bitcoin Price Will Approach $20000 This Year, Bloomberg Outlook Suggests (current BTC/USD price is $9,658.73)
Latest Bitcoin News:
Bitcoin Price Will Approach $20000 This Year, Bloomberg Outlook Suggests
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
Bittrex support number ^1^845^261^9663 BIttERXSuPPORT Bittrex support number
Bittrexguide can be accessed in case you desire to comprehend extra about cryptocurrencies. The buying and selling platform encompasses a vast vary of preferences to its customers for buying and selling with Etereum and Bitcoin. In different words, we can say that cryptocurrency is the cash of today’s as nicely as future generation.
Bittrex support number 1-845-261-9663
Bittrex support number 1-845-261-9663
Bittrex support number 1-845-261-9663
Bittrex support number 1-845-261-9663
KuCoin exchange: KuCoin Monthly Report May 2020: | June 04, 2020 at 08:37AM
Post-Halving Era, KuCoin Continues Global Expansion
Monthly Highlight: Post-Halving Era, KuCoin Continues Global Expansion
In May, while Bitcoin completed its third halving and the crypto world celebrated the anniversary of Bitcoin Pizza Day, KuCoin continued its globalization.
We launched the Canadian dollar (CAD) OTC market this month, which supports the Canadian dollar for directly purchasing cryptocurrencies. We also added 11 fiat currency channels through Simplex, which makes it easier for users around the world to purchase crypto assets. As of now, we support 33 fiat currencies for purchasing cryptocurrencies.
In addition to continuously expanding the fiat currency channel, we are also actively working to expand the influence of the blockchain. We have launched the “Gold Rush” Super Referral Program, hoping that the majority of crypto enthusiasts can participate in our global brand promotion and user growth, which in turn will help to promote and popularize cryptocurrency to the mainstream world.
In order to enhance the influence of KuCoin in the crypto derivatives market and provide the world’s top futures trading experience to its users, the KuCoin Futures team decided to rebrand the platform. After the rebranding, KuCoin Futures will continue to focus on technology, providing new features, and launching more futures products.
Please find more news about KuCoin for the month of May below.
1. KuCoin Spot Trading Platform
1.1 Crypto-to-Crypto Trading
*Four new tokens were listed on KuCoin: Sylo (SYLO), Blockstack (STX), LUKSO (LYXe), and Neutrino Dollar (USDN). As of the end of May, KuCoin supports 254 tokens.
*Eight new trading pairs were added: SENSO/BTC, DGB/USDT, LYXe/ETH, LYXe/USDT, XDB/BTC, STX/BTC, STX/USDT, and USDN/USDT. As of the end of May, KuCoin supports 442 trading pairs.
*BTC Halving Event: Come to Gain Massive Rewards! Click for details
*To celebrate our partnership with Dash and the integration of Dash’s InstantSend feature, KuCoin and Dash launched the “Deposit to Win DASH!” Campaign exclusively. Click for details
*Celebrated the tenth anniversary of Bitcoin Pizza Day with KuCoin! Click for details
*LUKSO (LYXe) Listing Campaign: Welcome to Your Digital Life with 42,000 LYXe to Give Away! Click for details
*The following blockchain activities were supported: NUSD Repurchase, One Ledger (OLT) Mainnet Token Swap.
1.2 Margin Trading
*To celebrate the BTC halving, Borrow at Margin With Ultra-Low Interest! Click for details
*Enjoy the Benefits of Margin Trading, Get Your Share of 5000 USDT! Click for details
1.3 Fiat Gateways
*KuCoin Adds Support for Purchasing Crypto With 11 Fiat Currencies. Users are now able to buy crypto using Hong Kong Dollar (HKD), Malaysian Ringgit (MYR), Nigerian Naira (NGN), Singapore Dollar (SGD), New Taiwan Dollar (TWD), Bulgarian Lev (BGN), Brazilian Real (BRL), Moroccan Dirham (MAD), Romanian Leu (RON), Ukrainian Hryvnia (UAH) and Mexican Peso (MXN) on the Simplex platform, along with the 22 fiat currencies already supported! Click for details
*KuCoin Launches Canada OTC Market, Up to 10K USDT to Give Away! Click for details
2. KuMEX
*Warmest Love for Mom — KuMEX Offers Big Bonus for Mother’s Day! Click for details
*Celebrate the Bitcoin Halving: Double Rewards and 50% off Trading Fees for KuMEX Contracts. Click for details
*4,500 USDT Bonus to Give Away: Deposit/Transfer Assets to Claim a Share. Click for details
3. Pool-X
Pool
*Pool-X launched a staking product CHR-21 with an APR that can reach up to 30%. During the staking period, in addition to the staking benefit from the project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details
*Pool-X launched a trial version staking product called “KCS-Staking (Beta)” for users to experience POL mining by locking up KCS. During the staking period, users can also get a share of the mining rewards of 250,000 POL every day! Click for details
*TRX Soft Staking Carnival Round 2: Enjoy Time-Limited Higher APR of 10%-12%! Click for details
*Pool-X launched the ROOBEE Staking products ROOBEE-30 and ROOBEE-90! During the staking period, in addition to the staking benefits of each project, users can also get a share of the mining rewards of 250,000 POL every day! Click for details
4. Technical & Commercial Updates:
*KuCoin launched the global OTC Merchant Recruitment Program. We invite global merchants to apply and enjoy exclusive benefits. Click for details
*KuCoin Launched Gold Rush Super Referral Program. KuCoin welcomes all crypto fans and enthusiasts in the world to join together in the promotion of the KuCoin brand and user growth, so as to achieve mutual benefits between KuCoin and all participants. Click for details
*Project Pinocchio — — Phase 3 List. Click for details
*In order to enhance the rights of VIP users, the KuCoin team has upgraded the VIP benefits program. Click for details
JoinKuCoin Global Communitiesto get the latest updates about KuCoin.
KuCoin Monthly Report May 2020: was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.
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