Day: December 1, 2020

🆕Support & Resistance Zones important with Crypto Trading🆕

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Quick Tutorial Video discussing the importance of using support & Resistance Zones on the 60 minute time frame when day trading Crypto. This example was XRPUSD with a great Bullish move on xBratAlgo Signal leading up to the European Stock Market Open. Showing, again, that using these market opens as catalysts can be very useful indeed #daytrading #tradingview #crypto #trading #signals #markets #cryptotrading #xrpusd View moe trading signals here – www.paulbratby.com ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Derivatives Firm ErisX Adds Cash-Settled Futures

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Cryptocurrency derivatives platform ErisX launched cash-settled bounded futures on Tuesday, after seeing little interest from the market for its physically-settled futures.  ErisX CEO Thomas Chippas said the company had released physically-settled futures thinking that traders would be interested in trading spot bitcoin with the protection of a futures exchange and a futures clearinghouse. Cash-settled contracts don’t require the delivery of bitcoin like physically-settled contracts, allowing investors who can’t touch bitcoin to still profit off of it. Physically-settled futures won’t become more popular until the exchange can offer physically-traded futures on…

Bitcoin Tuesday aims to raise $1M for good causes today

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Bitcoin Tuesday, a crypto-based charity event hosted by The Giving Block, is looking to raise at least $1 million in donations today and over the rest of the month of December. The fundraising target makes Bitcoin Tuesday one of the largest crypto-based charity events ever.  The Giving Block has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead the charity drive. Some of the biggest names in crypto will participate, including: Gemini Ledger Blockfolio Maker Celsius Network Flexa 0x Along with many other blockchain companies, they are…

Bitcoin’s Attempt at $20k is a Classic Top Setup – Bollinger

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Quick take: Yesterday, John Bollinger had cautioned that Bitcoin’s attempt at $20k is a classic top setup Bitcoin has since dropped from $19,900 to $18k in a flash crash The 50-day moving average seems like a good area for a bounce Other macro support zones lie at $16,300, $15,600 and $14,800 Late yesterday, the inventor of the popular charing tool of Bollinger Bands, John Bollinger, cautioned Bitcoin traders that BTC might have printed a classic top setup. Mr. Bollinger went on to explain that the setup was yet to be…

Make Bitcoin Great Again: Trump vs Biden vs Crypto: The Bitcoin.com Weekly Update

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch the latest Bitcoin.com Weekly Update where we touch on what both U.S. Presidential candidates might mean for Bitcoin, John McAffee sitting in Spanish prison, a Bitcoin enthusiast elected to the U.S. Senate, and more. Timestamps: 00:33 John McAfee Pumps Crypto From Prison, Denies Tax Fraud and Murder Charges 01:20 America’s Second Stimulus Check: Americans Still Waiting For Relief Package 01:52 Bitcoin Hodler Cynthia Lummis Elected to U.S. Senate 03:03 US Feds Seize Over $1 Billion from Wallet Linked to Silk Road…

First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just Arriving

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Bitcoin was lower, retreating after rallying over the past 24 hours to a new all-time-high price of $19,920, based on CoinDesk’s Bitcoin Price Index.  Cryptocurrency analysts predicted that bullish traders might next target the $20,000 threshold, though the market could struggle to break through if large potential holders choose to take profits at that level.  The “resistance into $20,000 could be more psychological than anything else,” said Denis Vinokourov, head of research at the digital-asset prime broker Bequant. “It would make sense that once we are finally able to get past…

Christian music chart-toppers join crypto arena with digital fan token

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Veteran Christian vocal trio Selah launched its own cryptocurrency fan token via the Rally platform on Dec. 1. Followingthe group’s latest album debuting at number one on the iTunes Christian Music chart, the 3CR8 token will give fans access to exclusive benefits such as private messages, video chats and signed merchandise. Selah, meaning “pause” in Hebrew, is a true giant of the Christian music genre, notching up 4 million albums sold and 10 Gospel Music Association Dove Awards in over two decades of making music. Step Into My Story is…

Libra rebrands to Diem, hoping to shake off associations

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Per a Tuesday press release, the Libra Association is changing its name to the Diem Association. The shift is likely in the hopes of turning the page on Libra’s PR. Facebook initially announced its planned global stablecoin Libra in June of last year to immediate regulatory uproar that has swamped the project since. Facebook’s involvement has proved especially controversial. The new name uses the Latin for day, as in “carpe diem.” The Association’s press release upon the announcement alludes obliquely to the need to change the narrative on the project: …

BTC Analysis: It Only Dropped To Test The Support

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Bitcoin nailed a new all-time-high at $19 906 today in the wake of setting a new ATH yesterday at $19 856. The most anticipated $20K is yet to be reached, and according to the price action, establishment of a new ATH at levels around $20K is still possible. Bitcoin attracts investors not only because it is considered a safe-haven asset but for its YTD returns and volatility. As the COVID-19 pandemic goes on and public holidays approach and the vaccine is yet to be approved, we might face another wave…

BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card

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Cryptocurrency lender BlockFi has taken its first step in the payments space. The New York City-based company, known for its lending operation, interest-bearing crypto products and trading desk, announced Tuesday it will launch its long-awaited bitcoin rewards credit card in the first quarter of next year. CEO Zac Prince said the credit card will be the first of its kind in an industry that is already saturated with bitcoin reward debit cards. “A lot of the debit cards that exist in the crypto ecosystem are the kind that are oriented…