📨 Hashed News Update
👨🏽💻 Big four accountant PwC has found that cryptocurrency exchange WEX is linked to Iranian ransomware operators.
via CoinDesk
🏦 Cryptocurrency challenger bank BlockFi that is custodied by Gemini has launched accounts that pay interest in Bitcoin.
via Forbes
💠 Switzerland’s largest stock exchange has launched an Ethereum-backed exchange-traded product (ETP).
via Bitcoin.com
👀 Blockchain surveillance firm Chainalysis has stated that it neither collects nor sells user personal data.
via Cointelegraph
👩⚖️ 1Broker, a platform for buying financial derivatives with Bitcoin, has settled two lawsuits with the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.
via The Block
👨🏽💻 Big four accountant PwC has found that cryptocurrency exchange WEX is linked to Iranian ransomware operators.
via CoinDesk
🏦 Cryptocurrency challenger bank BlockFi that is custodied by Gemini has launched accounts that pay interest in Bitcoin.
via Forbes
💠 Switzerland’s largest stock exchange has launched an Ethereum-backed exchange-traded product (ETP).
via Bitcoin.com
👀 Blockchain surveillance firm Chainalysis has stated that it neither collects nor sells user personal data.
via Cointelegraph
👩⚖️ 1Broker, a platform for buying financial derivatives with Bitcoin, has settled two lawsuits with the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.
via The Block
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Holy trend How did I miss on this trend for so damn long? We complicate things so much that we forget the basics can help us sail effortlessly. An extremely simple combination of SMAs could do something that the complex Komu clouds failed to express. The…
If you guys opened a position, push stop to entry. It's looking shaky.
Huge news for #XRP!
You can long it on BitMex now around 8180-8220.
https://ambcrypto.com/xrp-huobi-global-exchange-to-go-live-with-xrp-otc/
You can long it on BitMex now around 8180-8220.
https://ambcrypto.com/xrp-huobi-global-exchange-to-go-live-with-xrp-otc/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Holy trend How did I miss on this trend for so damn long? We complicate things so much that we forget the basics can help us sail effortlessly. An extremely simple combination of SMAs could do something that the complex Komu clouds failed to express. The…
Boom Boom it hit the target. Easy peasy
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Scalp time
Damn the stop was too close
Binance coin has boomed past all our expectations and seems to be popping in everyone's wallet. You were informed. Here at @hashedplutus you were aware this is gonna happen. No it's time you start taking your profits. I might be miserably wrong here but remember to be fearful when others get greedy. Look for these key levels which we might see soon. The shill can't drive it for ever. DEX is a catalyst but I would still be cautious and lock in some portions.
Forwarded from C. Shadow 👑 (REPLIES ARE SLOW)
$Steem
Golden cross succesful on our 12HR time frame as expansion continues 👊
Mainnet in two weeks
https://www.tradingview.com/x/1WNUsGxz/
Golden cross succesful on our 12HR time frame as expansion continues 👊
Mainnet in two weeks
https://www.tradingview.com/x/1WNUsGxz/
Okay a kick ass chart for scalping XBTUSD coming up. Stay tuned
🔥 Hot Off The Press News, explained! 📰
Today, the European Central Bank (ECB) said that it will not raise interest rates in the eurozone before 2020, confirming what many in the markets already expected. Alongside the rates decision, the central bank also announced the creation of a fresh series of so-called targeted longer-term refinancing operations, better known as TLTROs.
The TLTROs are Eurosystem operations that provide financing to credit institutions for periods of up to four years. They offer long-term funding at attractive conditions to banks in order to further ease private sector credit conditions and stimulate bank lending to the real economy. The TLTROs, therefore, reinforce the ECB’s current accommodative monetary policy stance and strengthen the transmission of monetary policy by further incentivising bank lending to the real economy.
But (of course, there is a but), Italian and Spanish banks currently hold 56 percent of the 724 billion euros still outstanding from previous TLTROs. Some policymakers say this suggests the facility is directed at particular countries rather than the euro zone as a whole.
By contrast, banks in northern Europe with excess cash have to pay to park their funds overnight at the ECB. As the current TLTRO loans are already an extension of a previous facility, some argue that banks are too reliant as it is on ECB funding and that a new loan will not do much to wean them off central bank cash.
So what does this have to do with cryptocurrencies ?
Theoretically, the blockchain technology behind bitcoin and other cryptocurrencies is a threat to the existence of major financial firms such as the ECB. Blockchain eliminates the need for a third-party intermediary like a bank by creating an instant, permanent and secure record of transactions.
It is one of the most secure technologies that has ever been developed which means it can be profoundly useful in preventing money laundering and fraud. Every instance of transferred funds is recorded on the blockchain, meaning that, essentially, a flow of money can be tracked at any stage, making it extremely difficult for criminals to use cryptocurrencies as a means of laundering dirty money (and people still calling Bitcoin a laundery coin, while FINRA dished out a $10 million fine on Dec. 26 for failures to comply with AML legislation for banks, but that aside).
In a fully decentralized monetary system, there is no central authority that regulates the monetary base such as the ECB. Instead, currency is created by nodes of a peer-to-peer network. The Bitcoin generation algorithm defines, in advance, how currency will be created and at what rate. This has much more benefits compared to a centralized monetary system such as the Euro.
A few examples:
• A bank-less currency is free of national monetary policies. For residents of countries that have destabilized fiat currencies, a decentralized currency can serve as a stabilizing agent and an alternative. Also, as in example of Europe, banks in northern Europe with excess cash do not have to be subject to for example Italian and Spanish banks.
• A decentralized currency insulates customers from bank failures and collapses, as well as exuberant bank fees and aggressive bank policies such as these TLTROs from the ECB.
• Payments are borderless, allowing for seamless and cheap international payments despite current limits on transnational fiat payments. This, creating bigger economical and financial coöperations with more country's.
• The only requirement for using decentralized currencies is the ability to obtain and use a wallet. This makes decentralized currencies attractive to the underbanked/unbanked populations. This also imidiently creates a more economical stable area, for example Africa.
• And the most important regarding to this news: decentralized currencies are immune to inflation or deflation, which the ECB wants to artificially archieve by serving out loans: Monetary Inflation.
Today, the European Central Bank (ECB) said that it will not raise interest rates in the eurozone before 2020, confirming what many in the markets already expected. Alongside the rates decision, the central bank also announced the creation of a fresh series of so-called targeted longer-term refinancing operations, better known as TLTROs.
The TLTROs are Eurosystem operations that provide financing to credit institutions for periods of up to four years. They offer long-term funding at attractive conditions to banks in order to further ease private sector credit conditions and stimulate bank lending to the real economy. The TLTROs, therefore, reinforce the ECB’s current accommodative monetary policy stance and strengthen the transmission of monetary policy by further incentivising bank lending to the real economy.
But (of course, there is a but), Italian and Spanish banks currently hold 56 percent of the 724 billion euros still outstanding from previous TLTROs. Some policymakers say this suggests the facility is directed at particular countries rather than the euro zone as a whole.
By contrast, banks in northern Europe with excess cash have to pay to park their funds overnight at the ECB. As the current TLTRO loans are already an extension of a previous facility, some argue that banks are too reliant as it is on ECB funding and that a new loan will not do much to wean them off central bank cash.
So what does this have to do with cryptocurrencies ?
Theoretically, the blockchain technology behind bitcoin and other cryptocurrencies is a threat to the existence of major financial firms such as the ECB. Blockchain eliminates the need for a third-party intermediary like a bank by creating an instant, permanent and secure record of transactions.
It is one of the most secure technologies that has ever been developed which means it can be profoundly useful in preventing money laundering and fraud. Every instance of transferred funds is recorded on the blockchain, meaning that, essentially, a flow of money can be tracked at any stage, making it extremely difficult for criminals to use cryptocurrencies as a means of laundering dirty money (and people still calling Bitcoin a laundery coin, while FINRA dished out a $10 million fine on Dec. 26 for failures to comply with AML legislation for banks, but that aside).
In a fully decentralized monetary system, there is no central authority that regulates the monetary base such as the ECB. Instead, currency is created by nodes of a peer-to-peer network. The Bitcoin generation algorithm defines, in advance, how currency will be created and at what rate. This has much more benefits compared to a centralized monetary system such as the Euro.
A few examples:
• A bank-less currency is free of national monetary policies. For residents of countries that have destabilized fiat currencies, a decentralized currency can serve as a stabilizing agent and an alternative. Also, as in example of Europe, banks in northern Europe with excess cash do not have to be subject to for example Italian and Spanish banks.
• A decentralized currency insulates customers from bank failures and collapses, as well as exuberant bank fees and aggressive bank policies such as these TLTROs from the ECB.
• Payments are borderless, allowing for seamless and cheap international payments despite current limits on transnational fiat payments. This, creating bigger economical and financial coöperations with more country's.
• The only requirement for using decentralized currencies is the ability to obtain and use a wallet. This makes decentralized currencies attractive to the underbanked/unbanked populations. This also imidiently creates a more economical stable area, for example Africa.
• And the most important regarding to this news: decentralized currencies are immune to inflation or deflation, which the ECB wants to artificially archieve by serving out loans: Monetary Inflation.
Monetary Inflation is the increase in the price of goods and services caused by increases of the supply of money. For example, if you got a small town where everything in total is worth $1000, and there is a total supply of $1000, with 1000 bills of $1 in circulation.
Now, imagine the government suddenly printing 1000 bills of $1 extra, that will be distributed over all people. The total value of this small town is still $1000, but the supply of money has suddenly doubled. Suddenly, everything cost twice as much. Instead of getting richer, you have to pay twice as much for everything you buy. The small town has twice the money, but has halve the value. In reality, monetary inflation is intentional to reach the public expectations, and printing the money is controlled by central banks such as the ECB.
Other then controlled inflation, Bitcoin has a stable and maximum supply which cannot be changed. This means, your money will never lose it's value, other then centralized currencies such as the Euro.
The TLTROs is therefore bad news for northern European country's. It's therefore hoped that we once can remain the value of our financial holdings, with cryptocurrencies that is.
Now, imagine the government suddenly printing 1000 bills of $1 extra, that will be distributed over all people. The total value of this small town is still $1000, but the supply of money has suddenly doubled. Suddenly, everything cost twice as much. Instead of getting richer, you have to pay twice as much for everything you buy. The small town has twice the money, but has halve the value. In reality, monetary inflation is intentional to reach the public expectations, and printing the money is controlled by central banks such as the ECB.
Other then controlled inflation, Bitcoin has a stable and maximum supply which cannot be changed. This means, your money will never lose it's value, other then centralized currencies such as the Euro.
The TLTROs is therefore bad news for northern European country's. It's therefore hoped that we once can remain the value of our financial holdings, with cryptocurrencies that is.
XBTUSD 4HR Update
We are holding the previous trend quite well and the long opened after the cross of 7 SMA and 25 SMA did as expected. Green candles came in. I would stick to this scenario as long as we don't see another cross. Great call out there.
https://www.tradingview.com/x/UYWeagTx/
We are holding the previous trend quite well and the long opened after the cross of 7 SMA and 25 SMA did as expected. Green candles came in. I would stick to this scenario as long as we don't see another cross. Great call out there.
https://www.tradingview.com/x/UYWeagTx/
ZIL needs to hold these levels
If we manage to hold these levels and break through the diagonal resistance we can expect a nice run up. I wouldn't enter yet, rather wait for a confirmation
https://www.tradingview.com/x/xNoSB7hy/
If we manage to hold these levels and break through the diagonal resistance we can expect a nice run up. I wouldn't enter yet, rather wait for a confirmation
https://www.tradingview.com/x/xNoSB7hy/
DENT Analysis
Technicals
This coin has bottomed out and would either be a dead coin or get a strong bounce from these levels. I don't find any recent supports below this level. Over head resistance is fairly high but a strong bounce will surely make this move.
https://www.tradingview.com/x/K3UJLQKz/
Technicals
This coin has bottomed out and would either be a dead coin or get a strong bounce from these levels. I don't find any recent supports below this level. Over head resistance is fairly high but a strong bounce will surely make this move.
https://www.tradingview.com/x/K3UJLQKz/