Exchange market veteran Peter Brandt admits that bitcoin could enter the fourth cycle of parabolic growth , which will lead its course to new historical highs. He wrote about this on his Twitter. The sharp rise in Bitcoin (BTC) Brandt predicted back in April, when his rate in one day rose by almost 20%. Soon after, cryptocurrency peaked for 2019 at around $ 13,800, and then began to gradually decline to current levels. According to Brandt, the goal for the last cycle of rising bitcoin prices may be the mark of $ 100,000. Possibility that $ BTC has entered fourth…
Author: BlockchainJournal
Two new derivatives products for cryptocurrency trading Bitcoin and Ethereum have appeared on the Bitfinex crypto exchange. Derivatives are paired with USDT, on the platform they are placed under the tickers BTCF0 / USDt0 and ETHF0 / USDt0. Development of perpetual contracts was carried out for 7 months. The company's white paper says that verified Bitfinex account holders will be able to access the new product through a derivative wallet. The novelty uses USDT as collateral, the company offers customers leverage up to 100x, as well as an isolated margin to individualize the level of risk. Bitfinex BTC / USDT…
The Bitfinex cryptocurrency exchange has added support for two derivatives products based on Bitcoin and Ethereum. The screenshot below shows that the Derivatives tab has appeared in the exchange’s interface: In this section, there are BTCF0 and ETHF0 instruments available for trading with stabletcoin USDt0. The maximum leverage is limited to 100x. The new product is a perpetual contract, which in many respects resembles products […]
Another EAEU country can legalize an important aspect of cryptocurrency activities. In Kyrgyzstan, the Ministry of Economy of the country submitted for discussion to experts and interested parties draft laws that legalize cryptocurrency mining , as it considers the possibility of collecting payments from such activities in the budget in the form of a tax. For this purpose, amendments to the Tax Code of the country have been prepared, as well as a framework version of the resolution on how changes will be implemented in practice. Since the income from miners is not stable and therefore difficult to fix, it…
The richest investors in India expect to increase the volume of cryptocurrencies in their portfolios amid concerns about a slowdown in economic growth, Quartz writes. According to the publication, about 36% of high-income Indian people are pessimistic about the country's economic prospects over the next three years. This forces them to invest in low-risk assets, mainly in real estate. On the other hand, only 24% of those surveyed said they were “extremely confident” in the Indian economy. Despite the lack of risk appetite, 9.6% of wealthy Indians admitted that they plan to increase investments in cryptocurrencies over a three-year period,…
Representatives of the cryptocurrency exchange Binance announced the start of testing two platforms that are designed for trading futures contracts. The company invites you to take part in testing two platforms at once and choose the one whose functionality you like more. One of the platforms, Futures A or Futures B, which will gain the most votes from users during the period from September 3 to 8, will be presented as the company's official platform for trading futures. As part of the testing, each participant will receive 100,000 USDT test coins in the account. Users who turn out to be…
The South Korean bitcoin exchange Bithumb added a TRON cryptocurrency project coin to the listing, as well as a BitTorrent service token. Now platform users can trade TRX in pairs with bitcoin and the US dollar. #TRON will be available on @BithumbGlobal, you can trade TRX / BTC & TRX / USDT at 15:00, Sep 3, 2019 (SGT). #TRX $ TRX pic.twitter.com/egVw021or9 – Justin Sun (@justinsuntron) September 2, 2019 Coins […]
Paycent platform announced the launch of a contest for traders on Binance DEX. From September 3 to October 14, valuable prizes will be raffled weekly, including a Bentley Bentayga, Rolex Daytona watches and trips to Paris, Las Vegas and other cities, as well as other prizes. This is stated in a Paycent press release. It will be possible to take part in the draw […]
In recent years, the world of cryptocurrencies and blockchains has been one of the most popular sectors in terms of new jobs. Now there is an increase in the number of people looking for a career in the world of cryptocurrencies. This article lists the skills needed to enter this sector. Currently, the industry has developed so much that recruitment companies have already appeared in it, for example, Cryptorecruit and Andromeda . Also, candidates have the opportunity to directly contact companies through the LinkedIn, Reddit and Telegram platforms. “Candidates can directly contact founders and executives on mitaps, through LinkedIn, online…
Representatives of Cielo, a large payment company in Brazil, reported support for Bitcoin and crypto payments. It is known that now residents of Brazil will be able to make payments in cryptocurrency via terminals from Cielo, for operations, they will need to use QR codes. The Cielo terminal will generate a QR code for the payment, which the user will need to scan using a smartphone and, in fact, make a payment. For successful cooperation with Cielo, users need to create an account on one of the sites that are partners of the company – Uzzo or Criptohub. Paulo Caffarelli,…