Day: December 1, 2020

Bitmex parent 100x appoints German stock exchange exec as new CEO

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100x โ€” the holding group for Bitmexโ€™s parent company โ€” has announced the appointment of a permanent new CEO in the wake of charges filed in Octob against the exchangeโ€™s co-founders, including former CEO of both 100x and Bitmex, Arthur Hayes. On Dec. 1, 100x announced that the former chief executive officer of German stock exchange Borse Stuttgart GmbH, Alexander Hoptner, will take over as CEO during January 2021. Hoptner will also join 100xโ€™s board of directors, and will report directly to the groupโ€™s chairman, David Wong. 100xโ€™s new CEO…

Bitcoin Inching Higher, Why BTC Could Rally To New ATH Above $20K

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Bitcoin price is up over 5% and it is trading above the $19,500 level against the US Dollar. BTC bulls seem to be aiming a new all-time high above the $20,000 resistance. Bitcoin is rising steadily and it broke a major hurdle at $19,500. The price traded as high as $19,860 and it is now well above the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $19,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start…

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Authorities shut off electricity to Bitcoin miners in Chinaโ€™s Yunnan province

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Local sources report that authorities from the city of Baoshan in the Chinese province of Yunnan are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease supplying power to the cityโ€™s miners. On Nov. 30, Chinese crypto reporter Colin Wu tweeted that several miners had informed him of the ban, sharing what appear to be scanned copies of official documents issued to power producers: Several miners told Wu that Baoshan, Yunnan, where Chinaโ€™s crypto mines are located, received a ban on November 30, requiring the power…

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In 2020, Decentralized Finance is a Hot Trend โ€” Along With Yield Farming And Governance Tokens โ€“ Blockchain News, Opinion, TV and Jobs

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by Blaise Cavalli, Decentralized finance (DeFi), a new investment mechanism exploded into the financial sector and certainly has been the trend to watch in the digital assets industry. With billions of dollars in value circulating on public blockchains, has only been a matter of time for digital assets to enter the field of generating yield through on-chain banking and financial systems. Different financial products from borrowing and lending to derivatives have made their way into the blockchain finance industry, driven the last few months by this experimental trend to provide…

๐Ÿฅณ BITCOIN $15,000!!!!!!!!!!!!!!!!!!!!!!!!!

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin just hit $15,000!!! Will the Bitcoin price go to $17,200 now? BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but is NOT financial advice. On this channel, The Moon, I make 1 video every single day about crypto news & Bitcoin. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and…

Why The Double Top Narrative In Bitcoin Doesn’t Make Sense

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Bitcoin price just set a new all-time high today, and then immediately dropped $500 and is trading below the former peak once again. Murmurs of a โ€œdouble topโ€ scenario have been making rounds across the speculation-driven crypto community. However, one well-known crypto trader and analyst explains why such a scenario is nearly impossible, due to the requirements involved in confirming the technical chart pattern. Bitcoin Sets New All-Time High, Drops $800 Immediately After Bitcoin price set a new all-time high of $19,863 on Binance and beat the former peak on…

4 key indicators reflect extreme optimism from pro Bitcoin traders

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Most investors that follow Bitcoin will have recently heard about the growing impact Bitcoin (BTC) futures and options markets have on Bitcoin price. The same can be said for the price swings caused by liquidations at OKEx and Huobi exchanges. Considering that derivatives markets are now playing a much bigger role in Bitcoin price fluctuations, it is becoming increasingly necessary to review some of the key metrics professional traders use to gauge activity in the markets. While reviewing futures and options contracts can be quite complicated, the average retail trader…