Month: January 2021

DEX That Offers 100x Trading Leverage on Perpetual Contracts – Press release Bitcoin News

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PRESS RELEASE. YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just launched, adding an important piece to the DeFi money legos, and creating a direct competition against CEX on derivatives trading. The most traded Bitcoin product in centralized exchanges is Bitcoin futures, which is 10 times bigger than spot trading in terms of the trading volume. But in DEX, spot trading platforms like Uniswap are occupying a large portion of the total trading volume, and there is not a single decentralized futures trading platform that…

WallStreetBets Coin becomes #1 on CoinMarketCap… kind of

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The influence of Reddit’s r/wallstreetbets sub has apparently spread to the cryptocurrency space, after a new coin appeared at the top of CoinMarketCap’s rankings on Jan. 29. Dubbed WallStreetBets (WSB), the new coin apparently gained in excess of 130% in the past 24 hours, with a daily trade volume of $100 million. WallStreetBets (WSB) on CMC. Source: CoinMarketCap However, the new coin appears to be the latest in a series of jokes played by the CoinMarketCap team. The coin’s page on CMC features the following message: “All UR MeMes R…

Qualtrics Makes Nasdaq Debut with 51% Surge

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The company had an earlier plan of pricing 50.4 million shares for $30, however, Qualtrics ended up selling 51.7 million at $41.85 per share under the ticker “XM”. Qualtrics International Inc, a cloud software vendor, has recorded a 51.7% surge on its debut on Nasdaq after raising $1.55 billion with an Initial Public Offering (IPO) to beat its initial expectation with a price above the estimated range. The company had an earlier plan of pricing 50.4 million shares for $30, however, Qualtrics ended up selling 51.7 million at $41.85 per…

Reddit’s SatoshiStreetBets Community Pushes DogeCoin (DOGE) 800% Up

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DogeCoin registers a massive rally making a momentary entry in the list of top-ten crypto by market cap toppling Litecoin (LTC) for a very short time. In a wild rally, the crypto price jumped vertically upwards registering 800% in just 24 hours. It’s crazy what’s happening at Wall Street and now at Satoshi Street. Pulling off a GameStop-like frenzy rally, the Reddit community members of SatoshiStreetBets has pushed mem coin DOGE to the moon. DogeCoin (DOGE), the Shiba Imu joke cryptocurrency, jumped over more than 800% earlier today hitting a…

Bitcoin Price Shoots Past $38,000 on Elon Musk’s Endorsement

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Elon Musk has changed its Twitter bio to one word: Bitcoin. The billionaire entrepreneur, whose opinion of the benchmark cryptocurrency has juggled between skepticism and praise, appeared to have taken a definite stance about it. In a tweet that followed shortly after the bio update, Mr. Musk said that “in retrospect, it was inevitable.” That was enough for Bitcoin bulls to take charge in an otherwise short-term bearish market. Mr. Musk’s tweet propelled them to raise their bids for the cryptocurrency. As a result, in just two hours, the cost…

Apakah saat mining cicx langsung terhubung ke blockchain !?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Antminer pada Crypto digital asset adalah suatu instalasi peralatan untuk melakukan penambangan melalui penyelesaian beberapa teka-teki rumit matematika, kedalam reservoir bawah (Dunia maya) sistem Crypto digital asset dengan tujuan untuk mendapatkan mining reward yang merupakan hadiah (coin)yg diberikan kepada para penambang yg berhasil menciptakan blok blok baru yang berisi transaksi – transaksi didalam cicoin untuk ditambahkan kedalam sistim explorer (buku kecil) serta blockchain internal (Setelah CMC terkoneksi dengan blockchain global) 0:00 intro 0:15 mining cicoin langsung terhubung ke blockchain? 0:41 proses mining…

Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands – Exchanges Bitcoin News

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A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues Additional KYC Rules Lack ‘a Proper Legal Basis’ Per the bitcoin exchange’s announcement, the additional know your customer (KYC) requirements imposed by the central bank violate users’ privacy. However, the crypto firm clarifies that the legal obligations “are not under discussion” within this case. A section…

GME Stock Jumps 100% in Pre-market, Robinhood Allows Limited Buying of GameStop Shares

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Robinhood revealed that the limited trading of previously restricted securities would be resumed on Friday. GameStop Corporation (NYSE: GME) stock closed at more than a 40% loss after Robinhood and other brokers suspended the stock trading on their platforms. On the 28th of January, GME soared in a parabolic rally as several retail traders were short-selling the company’s stock as a result of a Reddit message board WallStreetBets. However, the situation has changed when it was revealed that Robinhood would allow limited buying of the restricted stocks. As a result,…

Google reportedly scraps thousands of negative Robinhood reviews

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Google has reportedly deleted thousands of negative reviews of Robinhood on the Google Play Store after the platform suspended trading of several skyrocketing stocks like GameStop, multiple sources claim. Financial analyst Mr. Whale reported on Jan. 28 that Google removed as many as 120,000 negative reviews of Robinhood, pushing the app’s rating from one star to about four stars. Google just removed over 120,000 negative reviews of RobinHood on the App Store. Screenshot is noon, and now pic.twitter.com/BjaXIEWhiD — Mr. Whale (@CryptoWhale) January 29, 2021 Google reportedly confirmed the massive removals to…

Elon Musk adds Bitcoin to Twitter bio with 43.7M followers

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When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the Bitcoin (BTC) spot price. Musk’s bio appeared to be updated on Friday morning, and was followed by a cryptic tweet that referred to the inevitability of… something. In retrospect, it was inevitable — Elon Musk (@elonmusk) January 29, 2021 Tweeted at 8:22 a.m. UTC, Musk’s 43 million followers apparently took notice. Some assumed the tweet was a…