Day: November 26, 2020

Bitcoin Price Corrects 5%, Why Bulls Are Still Comfortable

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Bitcoin price formed a double top pattern near $19,500 and corrected lower against the US Dollar. BTC is now trading below $18,500 and it could test the $18,000 support or $17,600. Bitcoin failed again to clear the $19,500 resistance and started a sharp downside correction. The price declined sharply below the $19,000 level and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $19,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now…

Australian government embraces blockchain with new trial and public servants’ network

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The Australian government is trialing the use of blockchain technology for inter-government document exchanges with Singapore as the latest action in a series of pro-blockchain efforts. It follows hot on the heels of the establishment of a new network promoting blockchain to public servants.  On Nov. 23 the Australia Border Force launched a blockchain trade trial in collaboration with Singapore Customs and Singapore Infocomm Media Development Authority to test digital verification systems. ABF Commissioner Michael Outram explained that the trial will help digitize trade and compliance records, adding: “This initiative…

DeFi indexes aren’t as diversified as you think

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New research suggests that indexes based on decentralized finance tokens lack diversification which is less than ideal for advanced investors seeking to mitigate risk. Indexes are a very popular way to get broad exposure to a market without the hassle of researching and buying individual assets. With the explosion in DeFi protocols and related tokens this year, a number of indexes have been launched. Analytics provider DeFi Pulse was one of the first to launch their own index in mid-September at the height of the boom, however, Messari analyst Roberto…

Coinsquare exchange adds new board members

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Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors. In a Nov. 25 announcement, the exchange said Nicholas Thadaney and Wendy Rudd are joining its board. Thadaney was President of the Toronto Stock Exchange and Rudd is currently a board member for the Canadian Regulatory Technology Association. The new appointments follow a major change in leadership mid-year. In July, CEO Cole Diamond and President Virgile Rostand stepped down…

Coinsquare exchange adds new board members

boss

Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors. In a Nov. 25 announcement, the exchange said Nicholas Thadaney and Wendy Rudd are joining its board. Thadaney was President of the Toronto Stock Exchange and Rudd is currently a board member for the Canadian Regulatory Technology Association. The new appointments follow a major change in leadership mid-year. In July, CEO Cole Diamond and President Virgile Rostand stepped down…

Australia Uses Blockchain to Enhance Cross Border Trade With Singapore

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The Australian Border Force (ABF) has launched a blockchain trial that is targeted at enhancing cross border trade with Singapore. According to the news release by the Australian Border Force, the blockchain infrastructure will make businesses between Australian outfits simpler, paperless, and more cost-efficitent. The blockchain trial which is already live was launched in conjunction with the Singapore Customs and Singapore Infocomm Media Development Authority (IMDA) and it seeks to test the digital verification systems by the respective agencies in line with trade facilitation. According to the ABF, trial will…

Women in Crypto- Scaling Global Trust by Thessy Mehrain

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Discover the future of money, markets and payments and how to Thrive in the New Digital Economy. Today’s interview is with Thessy Mehrain. Thessy Mehrain is the Co-founder of the Consensys project- Liquality.io Liquality is an exchange for cryptocurrency across Bitcoin and Ethereum blockchains via an Atomic-Swap enabled Wallet or Web Interface, that doesn’t require a middle man or registration. Thessy also founded ‘Women in Blockchain’, a global community governed by common principles to be a catalyst for women defining the blockchain…

Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave

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The unexpected five-week-long suspension of OKEx’s crypto withdrawal service has left many of its users, largely based in China, disappointed and determined to leave or reduce holdings on the exchange when withdrawals resume sometime this week. “We will still trade on OKEx but our investment will be much more diversified and [we] will reduce our position on OKEx to about one-third of our previous one,” Alex Zuo, vice president of China-based crypto wallet Cobo, told CryptoX via WeChat. “Even though we think OKEx is still a trusted exchange, there will…

BITCOIN 15,000 ?? Sahi time ALTS buy karne ka ? in Hindi

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Buy Ledger Hard Ware Wallet – Make Account on Trading View – Useful Videos : My Secret 3 Part Investment Trick – Risk & Reward Management – Technical Analysis 1 – Technical Analysis 2 – Fundamental Analysis Part 1 – Exchange Tutorial Videos : Bitmex Full Tutorial – Support Crypto India : UPI – cryptoindia@icici Join Exchanges for Trading : LocalBitcoins : Paxful : Binance : KuCOIN : Bitmex – (Get 10% fee Discount) OKex : CoinDCX : Huobi – BitMax –…