Crypto Day Trading | How you’re Going to Lose your Money Quick

Over the past few years the idea of becoming a ‘crypto day trader’ has gained in popularity. There are countless YouTube videos all claiming to teach viewers the “real secret” to the high-flying, trading lifestyle. How you can spend an hour or two in front of your laptop every day and pocket upwards of $500 in profit on a daily basis. Before we look at the validity of such a claim, let us look at the facts. Cryptocurrency is a tradable asset, and it shares a lot of its characteristics…

Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1

Bitfinex is sending massive quantities of tether tokens back to the vaults. The cryptocurrency exchange has overlapping management and owners with Tether Ltd., the company that issues a dollar-linked cryptocurrency of the same name (often abbreviated USDT). Both firms have come under increasing scrutiny following USDT’s dramatic break with dollar parity last week, when the exchange rate briefly dropped as low as $0.85 on the Kraken exchange. It has yet to fully recover. It’s notable, then, that a wallet address controlled by Bitfinex has sent 630 million USDT to an…

Op Ed: Why Satoshi Nakamoto Deserves a Nobel Prize

Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind.” By all accounts, his namesake award has been a success — winners are curing cancer, ending wars and discovering exotic bosons. Only a handful of humanity has won a Nobel Prize — be it in medicine, physics, chemistry, literature, economics or peace — all of them distinguished for their exceptional work.   Yet the…

Ethereum Token BAT Continues Breakneck Rally, up 56% This Week

Ethereum token BAT continued its dramatic week-long ascent on Monday, bolstered by positive fundamentals related to its role in Brave’s web browser ecosystem and speculation that the cryptocurrency will soon be listed on Coinbase. BAT (short for Basic Attention Token) increased 14 percent against the dollar on Monday, briefly eclipsing $0.30 before settling down to a current value of $0.287. The token’s weekly return now stands at 56 percent, which is far and away the best return among top 50 cryptocurrency assets. BAT/USD | Binance As CCN reported, the rally…

New token Makes Unprecedented Gains after Binance Listing

Coinmarketcap.com has a new listing in its top 100. As of Sunday, Ravencoin has been occupying the 58th spot thanks to a Binance listing and has sustained a growth of 118% since that announcement. Within ten days, the coin has grown its market cap from $212,000 to $49 million! This is a rather unbelievable rise of 23,000%. In the last 24 hours alone, the coin has grown by 55%. It is now selling at $0.056. About Ravencoin If we look at its chart, Ravencoin obviously went relatively unnoticed until its Binance…

Blockchain and Shipping | Samsung SDS Signs Deal with European Port

Samsung SDS, the blockchain subsidiary of the tech giant Samsung, has just announced its partnership with Europe’s largest port, the Port of Rotterdam. In addition to this agreement, the Major Dutch bank, ABN AMRO, will also be in on the blockchain and shipping deal. Samsung SDS: Blockchain and Shipping The Samsung subsidiary released the news via a press release this morning. According to Samsung SDS, its trial will focus on shipping containers from an unnamed factory in Asia to the port of Rotterdam. The Port of Rotterdam is located in…

Bitcoin Futures Could Go Live on ICE’s Crypto Trading Platform in December

The Intercontinental Exchange’s upcoming cryptocurrency trading platform Bakkt will officially launch on December 12, pending regulatory approval. ICE announced Monday that Bakkt could begin offering physically settled bitcoin futures contracts in December, marking the first cryptocurrency-related offering provided through the new platform. Bakkt will hold the bitcoins backing the futures contract in the ICE Digital Asset Warehouse, according to the notice, provided the Commodity Futures Trading Commission (CFTC) signs off. These futures contracts will be cleared through ICE Clear US, another subsidiary of the exchange, which notably owns the New…

BTC/USD More Bearish than Ever

The bitcoin price continues to trade sideways on Monday after a stable showing during the weekend on the daily charts. The bitcoin-to-dollar exchange rate is trading at 6398-fiat at the time of writing, 0.85 percent lower than its Sunday high. The pair has found a decent support area in 6350-6400-fiat zone. But, it does not signal enough buying sentiment to break above the giant descending trendline. BTC/USD also formed another Doji on Sunday, confirming an equilibrium between bulls and bears. Frankly, the market is in a long-term bearish bias, so…

FXOpen AU | Forex Broker Launches Cryptocurrency Trading

HomePress ReleaseFXOpen AU Launches Cryptocurrency Trading Perth, Australia – October 2018. Responding to the wishes of their traders and following the latest trends, FXOpen AU Forex broker launches cryptocurrency accounts that allow users to trade 15 cryptocurrencies (including Bitcoin, Ethereum, Dash, Monero, NEO, EOS and other cryptocurrencies) as CFDs direct from FXOpen accounts. To start trading in the Cryptocurrency market with FXOpen AU you need to log into your eWallet, select add account – Crypto, fill in the account opening form, open MT and use your new Crypto Account details…

Bitcoin Price Becoming Less Volatile than Amazon Stock: CBOE Analyst

The next time your nocoiner friends or relatives criticize your decision to allocate a (hopefully reasonable) percentage of your investments into bitcoin, you can tell them that you’ve chosen to put money the flagship cryptocurrency because you don’t have the stomach for more volatile asset classes — stocks, for instance. Granted, that argument doesn’t have a strong historical track record, but, according to an educational analyst at the first U.S. derivatives exchange to list bitcoin futures, BTC has lately experienced less price volatility than some of Wall Street’s most popular…