3) BAKKT
Intercontinental Exchange (ICE) a parent company of The New York Stock Exchange (NYSE) is going to launch Bakkt on 12.12.2018. And the first asset will be BTC futures contracts with physical delivery of BTC asset. The key word is "physical". It means that for trading operations will be used real BTC, not air asset like in CME of CBOE.
Details about how Bakkt will operate you can read here on the official website:
https://www.theice.com/products/69281872/Bakkt-Bitcoin-USD-Daily-Future
Intercontinental Exchange (ICE) a parent company of The New York Stock Exchange (NYSE) is going to launch Bakkt on 12.12.2018. And the first asset will be BTC futures contracts with physical delivery of BTC asset. The key word is "physical". It means that for trading operations will be used real BTC, not air asset like in CME of CBOE.
Details about how Bakkt will operate you can read here on the official website:
https://www.theice.com/products/69281872/Bakkt-Bitcoin-USD-Daily-Future
Theice
Bakkt Bitcoin (USD) Daily Future | ICE
ICE Futures U.S. offers physically delivered daily futures
contracts on Bitcoin traded in BTC/USD (subject to regulatory
approval). These contracts will be traded on ICE’s electronic
trading platform, which offers industry-leading speed and
reliability, regulated…
contracts on Bitcoin traded in BTC/USD (subject to regulatory
approval). These contracts will be traded on ICE’s electronic
trading platform, which offers industry-leading speed and
reliability, regulated…
Still consolidating? Or do we have the bulls back? by Armar Shamas
https://link.medium.com/iBsMEzwQFR
https://link.medium.com/iBsMEzwQFR
Medium
Response to
Now after considerable effort and sleepless nights I had spent researching for the People’s Conference in Bangalore a strong shock hit me…
The Potato:
➕ Bitcoin & Market Update ⚡️
Bitcoin Price (USD): $6,187
Market Cap: $205bn
Bitcoin Dominance: 53%
Over the last 24hrs, the crypto market as a whole has lost $7bn. Bitcoin saw a -2% drop and the market shortly followed.
Now, here are the two major opinions of what is going on with the market:
1: Bitcoin is due a further move down to the $4,000 level and BTC is nearing a death cross (200 MA crosses 50 MA)
2: The Bitcoin support at $6,000 is extremely strong, the global interest is rising and there's lots of bullish news circulating (e.g. the Bitcoin volume in Venezuela, Chilie and other deprived countries is at an ATH - showing that citizens have more faith in it than their current govs.)
The contrasting views make it extremely hard to make a decision, but the most important thing is to preserve capital and make sure that youare ready for either scenario.
There are ways of removing the need to make a decision, called hedging, now you can do this in spot or leveraged. For those that don't understand, this is essentially protecting your capital by being on both sides of the market.
One popular way of doing this is: holding Altcoins and opening a leveraged short on BTC, therefore if Bitcoin falls, you earn money and thus will compensate for the losses on Altcoins, and, if Bitcoin goes up, you lose on the Bitcoin short but earn money on your Altcoins, it is effectively a form of insurance.
We are still bullish on the market and have done exactly that, opened a hedge short on Bitcoin.
➕ Bitcoin & Market Update ⚡️
Bitcoin Price (USD): $6,187
Market Cap: $205bn
Bitcoin Dominance: 53%
Over the last 24hrs, the crypto market as a whole has lost $7bn. Bitcoin saw a -2% drop and the market shortly followed.
Now, here are the two major opinions of what is going on with the market:
1: Bitcoin is due a further move down to the $4,000 level and BTC is nearing a death cross (200 MA crosses 50 MA)
2: The Bitcoin support at $6,000 is extremely strong, the global interest is rising and there's lots of bullish news circulating (e.g. the Bitcoin volume in Venezuela, Chilie and other deprived countries is at an ATH - showing that citizens have more faith in it than their current govs.)
The contrasting views make it extremely hard to make a decision, but the most important thing is to preserve capital and make sure that youare ready for either scenario.
There are ways of removing the need to make a decision, called hedging, now you can do this in spot or leveraged. For those that don't understand, this is essentially protecting your capital by being on both sides of the market.
One popular way of doing this is: holding Altcoins and opening a leveraged short on BTC, therefore if Bitcoin falls, you earn money and thus will compensate for the losses on Altcoins, and, if Bitcoin goes up, you lose on the Bitcoin short but earn money on your Altcoins, it is effectively a form of insurance.
We are still bullish on the market and have done exactly that, opened a hedge short on Bitcoin.
Some good amount of volatility incoming in next few hours. Fasten your seat belts !
It is a no trade zone currently. #BTC might go either ways. Fight between Craig white, Roger Ver and Jihan Wu has caused lot of blood on streets already. Its about ownership of BitcoinCash after the fork and hence you would be hearing a lot about hash war.
We might even see #BTC price pushed upwards !
A good watch on market needs to be kept !
It is a no trade zone currently. #BTC might go either ways. Fight between Craig white, Roger Ver and Jihan Wu has caused lot of blood on streets already. Its about ownership of BitcoinCash after the fork and hence you would be hearing a lot about hash war.
We might even see #BTC price pushed upwards !
A good watch on market needs to be kept !
Switzerland Green Lights World’s First Crypto ETF to be Listed Next Week
Link: https://www.trustnodes.com/2018/11/17/switzerland-green-lights-worlds-first-crypto-etf-to-be-listed-next-week
Link: https://www.trustnodes.com/2018/11/17/switzerland-green-lights-worlds-first-crypto-etf-to-be-listed-next-week
Trustnodes
Switzerland Green Lights World's First Crypto ETP to be Listed Next Week
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We’ve had a bit SCARY update today. Today’s drop indeed scared many falling rapidly in a free fall.
The conclusion: $4400 is going to be the bottom and the price won’t go lower. The short piercing with the wick is possible. But it will return back to $4400.
The conclusion: $4400 is going to be the bottom and the price won’t go lower. The short piercing with the wick is possible. But it will return back to $4400.
Okay now this is what we get. The losses have already been taken. The blood is already spreading.
That's why we need regulation for stability.
Emerging markets need maturity to be accepted by the big players. Till then stay strong.
Stay Mashed. ❤️
http://www.ccn.com/us-justice-department-probes-tether-for-bitcoin-price-manipulation-report/amp/
That's why we need regulation for stability.
Emerging markets need maturity to be accepted by the big players. Till then stay strong.
Stay Mashed. ❤️
http://www.ccn.com/us-justice-department-probes-tether-for-bitcoin-price-manipulation-report/amp/
CCN
US Justice Department Probes Tether for Bitcoin Price Manipulation: Report
The Justice Department is probing whether USD-pegged crypto token tether (USDT) is being used to manipulate the bitcoin price.
Bitmex Scalp/Swing Trade: XRPZ18
We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.
The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.
Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%
https://www.tradingview.com/x/XgU8Q7to
We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.
The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.
Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%
https://www.tradingview.com/x/XgU8Q7to
Now it's been a while since I have written you guys a long ass post but honestly there is nothing I have to say.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.
A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.
We need to evolve.
The internet needs to evolve.
Blockchain technology is the future.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.
A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.
We need to evolve.
The internet needs to evolve.
Blockchain technology is the future.