Day: November 12, 2020

BITCOIN ₿ Breakout to 16K confirmed?? ¦ BITCOIN Technical Analysis 11,11,2020

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #btc #bitcointa #crypto #cryptocurrency #alessandrodecrypto BITCOIN ₿ Breakout to 16K confirmed?? ¦ BITCOIN Technical Analysis 11,11,2020 💰BYBIT VOUCHER CODE: “WIN$500” & “USDT30%OFF” 🔥TOTAL FREE 538USD BONUS🔥 🔥💰BYBIT BONUS 90$ 🔥💰PHEMEX BONUS 80$ 🔥💰BITYARD BONUS 258$ 🔥💰DueDEX BONUS 110$ 🔥💰BINANCE 🔥💰PRIMEXBT 🔥💰Bityz Casino Exchange 📈📉Contact me on Discord for the BUY / SELL Indicator FOLLOW ME: Livestreams: Discord Trading Chat: D.tube: Instagram: ad_crypto Twitter: A_D_Crypto Crypto Atlas: 🔥💰Open up FREE SwissBorg Account and get up to 100€ BONUS + Buy Cryptos with…

Bitcoin’s Options Market Shows Strongest Bullish Mood on Record

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Bitcoin’s options market is in the midst of its strongest bullish sentiment on record as the cryptocurrency rallies to three-year highs.  The six-month put-call skew, or the spread between prices claimed by put options and call options expiring in six months, fell to a life-time low of -21.6% early Thursday, according to data source Skew.  A call option gives the holder the right but not the obligation to buy the underlying asset at a predetermined price on or before a specific date. A put option gives the right to sell. …

PayPal’s crypto trading goes live in the US

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On Thursday, PayPal’s crypto trading and payments went live for all eligible customers in the United States. Per its updated announcement, PayPal ended its waitlist for customers looking to use cryptocurrency in the U.S. Trading features a limit of $20,000 per week, which is double the originally announced $10,000. PayPal ultimately plans to make crypto payments available at 26 million merchants globally.   A representative told Cointelegraph that PayPal will notify U.S. customers about the general availability of crypto services in the coming days. Dan Schulman, CEO of PayPal, noted that the…

Blockchain Bites: $16K BTC, $1B DAI, $13.6B TVL in DeFi

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MakerDAO’s DAI stablecoin is the latest crypto unicorn with a $1 billion market cap. DeFi’s total value locked hit a lifetime high. Hedge fund billionaire Ray Dalio said yesterday he isn’t keen on bitcoin; a few hours later, the cryptocurrency hit a three-year high.  Top shelf Cannot daiDai (DAI), MakerDAO’s dollar-pegged algorithmic stablecoin, reached a $1 billion market capitalization on Wednesday. While there are only 993 million DAI in circulation, its skewed peg of $1.01 has brought it above the milestone metric. “[I]t works, is here to stay, and is…

Bitcoin Price Hits $16000 for First Time Since 2017

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Today, Bitcoin price reached the 33-month highs to settle above $16,000. Analysts now suggest some salient reasons could have fueled the surge. On November 12, Bitcoin surged past $16000, a level that was last seen in 2017. Coinspeaker’s data showed that after 5 a.m. ET, the price of the dominant crypto, had climbed up to $16019. Currently, it is trading at $16016. This year alone, Bitcoin (BTC) chalked up a stellar price rally, more than doubling in value, reminiscent of the 2017 monster rally. At first, the reason for such…

BeamX Promises to Bring Privacy Capabilities to DeFi

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Beam, the crypto project utilizing privacy tech, has announced the imminent launch of a confidential defi network called BeamX. Almost two years on from its mainnet launch, the privacy coin is moving into the defi sector to enable the creation of dApps that are user-friendly and privacy-centric, citing flaws inherent in the Ethereum ecosystem. Scheduled to launch on November 19, BeamX will support applications such as decentralized exchanges (DEXes) and automated market makers (AMMs), as well as defi staples like stablecoins, lending protocols, wrapped assets and NFTs. BeamX will also…

r/CryptoCurrency Live Stream

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io —————————————————————————————————————- The r/CryptoCurrency community is one of the largest in the world. It features a diverse set of perspectives. r/CryptoCurrency Subreddit: r/CryptoCurrency Discord: CryptoDevs Subreddit: CryptoDevs Discord: CryptoMarkets: CryptoCurrencyMemes: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Gates Foundation Commits Additional $70 Million for Coronavirus Vaccine

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The Gates Foundation has been supporting the development of vaccines to counter the unprecedented coronavirus pandemic. The Gates Foundation has donated an additional $70 million for the development and distribution of coronavirus vaccines. The American and private foundation founded by Bill and Melinda Gates is also hoping that other international donors and philanthropists would commit more funds.  On the 11th of November, Reuters revealed the additional funds by the Gates Foundation. Led by the GAVI vaccine alliance, $50 million will also be donated to the COVAX Advance Market Commitment (AMC). The foundation…

Bitcoin is Trading at a Massive Premium on the CME; What This Could Mean

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Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term. This level has long been holding strong as resistance, with the selling pressure here catalyzing multiple potent rejections throughout the past few days and weeks. If buyers can flip this level into support, it could open the gates for significantly further upside. It does appear that this level is becoming support for the cryptocurrency, as buyers are growing aggressive each time the price drifts back…

Why is Ethereum Dropping While Bitcoin Blitzes Past $16k?

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The price of Ethereum is struggling against both Bitcoin and the U.S. dollar again, while BTC is surging with momentum. A similar trend occurred throughout October when BTC rose while ETH stagnated for a prolonged period. The most likely reason behind the stagnancy of Ethereum amidst an ongoing Bitcoin rally is BTC vacuuming the volume from the cryptocurrency market. Across major exchanges, there is a massive gap between Bitcoin’s volume and other top cryptocurrencies. This trend might be occurring because of the lack of resistance between $16k and the $20k…