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Day: November 12, 2020
Receding Risk Appetite Paves Way for Bitcoin Breakout Above $16K
Bitcoin hit a bull’s eye ahead of the New York opening bell Thursday as its price closed above $16,000. The flagship cryptocurrency did not extend its welcome, falling prey to a moderate selling bias that led it back below $16,000. Nevertheless, it found a concrete support level above $15,550, from where it attempted another bull run towards the same psychological resistance. It reclaimed the $16,000 level all over again as of 0700 EST. Bitcoin reclaims $16,100 in a pre-US session rally. Source: BTCUSD on TradingView.com Risk Appetite Wanes, Bitcoin Gains…
SIE Stock Down 2%, Siemens Reports Mixed Q4 Earnings Results
During the past three months, Siemens orders came in at €15.56 billion, whereby the revenue was €15.3 billion. German multinational industrial manufacturing company, Siemens AG (Xetra: SIE) stocks are down over 2% to trade around €114 as of November 12, 2020, at 12:02 p.m. CEST. This fall is attributed to the mixed Q4 results released by Siemens. According to the results, Siemens net income rose by 28% year over year to 1.9 billion euros. The spike in income was due to higher income from discontinued operations that includes pre-tax gain…
USD Value of Crypto Liquidity Locked in DeFi Sector Hits All-Time High of $13.6B
This year has seen a lot of surprises in the sector as its previous all-time high of over $12 billion was recorded in October 2020. Following the recent bull-run of Bitcoin price, the US dollar equivalent of the crypto liquidity found in all the DeFi projects has hit an all-time high of $13.6 billion. Harvest Finance’s TVL has recorded a huge rise of 84% which is double of its rate in the last 24 hours. The percentage change took its US dollar amount from the recorded $473.5 million to $890…
Bitcoin Breaches $16K as (Committed) Holders Diss Dalio’s Diss
Bitcoin briefly climbed above $16,000 for the first time in three years before quickly falling back below the psychological threshold. Digital-asset market traders and analysts say the cryptocurrency is likely to make another run higher, with strong demand expected from traditional investors looking for a hedge against inflation, at a time when sellers appear unwilling to part with their bitcoin holdings. “Against the backdrop of stimulus from the Federal Reserve, we expect investors holding cash to continue to allocate to bitcoin,” said Kyle Davies, co-founder of the digital-asset fund…
Brent Crude Oil Futures Now Tradable on DeFi Exchange Synthetix
You can now carry exposure to world oil markets in your decentralized finance (DeFi) portfolio, thanks to the listing of Brent Crude Futures (Brent) on trading platform Synthetix. Using syndicated data from Intercontinental Exchange (ICE), the Synthetic Oil (sOIL) token is live today on the Synthetix trading platform, according to a release shared early with CoinDesk. Brent is one of two major futures contracts for global oil markets, the other being West Texas Intermediate (WTI). The contract tracks the future price of oil found in the North Sea and generally…
Blockchain helps determine ‘green’ parking price in Munich
Artificial intelligence specialists Fetch.ai, and blockchain solutions provider Datarella have announced the launch of a “Smart City” infrastructure trial in Munich, Germany, on Nov. 12. The trial will be centered around the Connex Buildings business center in the city and will use a multi-agent blockchain-based AI platform to optimize parking space management at the building. This is designed to encourage reduced car use, and hence CO2 emissions. Autonomous economic agents will negotiate the “price” of parking spaces between the operators and users. Users will be rewarded for choosing less-popular parking spaces…
KuCoin Recovers 84% of Stolen Crypto Funds Following $280M Hack
KuCoin has restored full access to 176 tokens out of a total of 230 tradable ones and hopes to resume service for others before November 22. The hacked exchange KuCoin has managed to recover a substantial amount of funds after the hack that occurred in September. Following that development, the exchange’s management has confirmed that it will resume its services back to normal later this month. On November 11, a senior executive of KuCoin announced that the exchange had now recovered 84% of stolen digital assets after the hack. KuCoin…
Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt
Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number of other crypto-assets have been climbing northbound in price on Thursday, November 12, 2020. At the time of publication, the entire crypto-economy is up over 2% and valued at $446 billion today. During the early morning trading sessions on…
Bitcoin के ALL TIME HIGH के लिए आखिरी रुकावट I ETH ? कमाने का मौका – Huobi Global Exchange
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, we will share Bitcoin and ether update and try to do technical analysis and also share review of one of the biggest and oldest exchange Huobi Global and how you can earn on it and more.. Huobi Global Exchange – Huobi Indian Telegram Group for Announcements – Timestamps : 00:00 Introduction 02:33 How to earn $10 & upto $170 bonus 07:56 Bitcoin Technical Analysis 10:20 Ethereum Technical Analysis 10:58 Huobi Global Overview Follow us on : Telegram – Facebook…