Day: January 13, 2022

Gensokishi Online Partners With Crypto Exchange Bybit for Launchpool and Listing – Press release Bitcoin News

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press release PRESS RELEASE. Taipei: Metaverse (MV), a token of the GensoKishi Online Project , has partnered with Bybit, a leading crypto exchange that provides Crypto currency-related services globally, and announced its listing. Bybit is one of the world’s largest cryptocurrency exchanges, trusted by traders around the world. Metaverse (MV) to be on launch pool and listing on Bybit As a result of this partnership, Metaverse (MV) will be launched and listed on Bybit. Launch pool starts: January 19: Bybit Listing on Bybit: January 27 Launch Pool is a service…

There’s a Reason Bitcoin’s Worth 500 Barrels of Oil: Bloomberg’s McGlone

CryptoX – Cryptocurrency Analysis and News Portal “Copper may be a good example of the low potential for a commodity supercycle, notably versus an advancing bitcoin,” McGlone wrote. “It’s not that profound to expect one of the best-performing assets of the past decade to keep outpacing the old-guard industrial metal, and we see bitcoin’s upper hand gaining endurance, and maturity, versus copper.” Original Source The post There’s a Reason Bitcoin’s Worth 500 Barrels of Oil: Bloomberg’s McGlone appeared first on CryptoX. CryptoX Portal

ConsenSys Sues Former Investment Head, Alleging Resume Fraud

In the suit, ConsenSys said that it allowed Gupta to resign instead of firing her and “offered to allow Gupta to keep the compensation paid and accrued during her short tenure,” but that Gupta had rejected the offer – instead demanding that ConsenSys “pay her millions of dollars” to buy out a “purported equity interest” in the firm. Source

TokenBot helps crypto traders build social communities and monetize market knowledge

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There are many advantages to automating one’s trading tactics instead of pointing and clicking with a mouse. For starters, bots can execute trading decisions free of emotion, are lighting fast, and have far fewer margins of error. According to CNBC estimates, crypto trading bots account for 70% to 80% of the overall trading volume. TokenBot is an automated copy-trading platform designed for social trading groups and communities within messaging apps such as Discord, Telegram, and Slack. Once added to a social media group, TokenBot monitors the admin’s account on an…

Cryptocurrencies Pullback as Traders Remain Cautious

“When funding rates are positive (green), traders are paying a premium for a counterparty to take the short side of the trade. When funding rates are negative (red), traders are paying a counterparty a premium to take the long side of the trade,” Sean Farrell, head of digital asset strategy at FundStrat, wrote in a report. Source

Ethereum options data shows pro traders expect strong resistance at $3,600

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Ether (ETH) price has bounced 13% from its Jan. 9 low at $2,950, but it seems premature to call the move a cycle bottom. Instead, the larger bearish movement has prevailed and although it looks primarily correlated to Bitcoin (BTC) price, regulatory concerns and a tighter United States Federal Reserve policy have also been blamed for the movement. BTC and Ether have been under pressure since regulators focused their attention on stablecoins. On Nov. 1, the U.S. Treasury Department urged Congress to ensure that stablecoin issuers are regulated similarly to…

Coinbase Tries to Catch Up to Foreign-Based Rivals With Move Into Derivatives

Derivatives marketplace CME Group could end up being a competitor in the U.S. for Coinbase’s crypto derivatives business, according to Owen Lau, a research analyst at Oppenheimer. CME told Oppenheimer on an earnings call that it has an edge in bitcoin derivatives given its offerings across many asset classes, its risk management experience and its highly regulated platform. Still, Coinbase’s customer base can help the exchange “draw trading volume and create [a] deep liquidity pool,” noted Lau, who has an outperform rating on Coinbase’s stock. Source

Channel Wants Content Creators to ‘Squad Up’ via Web 3

For almost two years now, the artist couple Holly Herndon and Mat Dryhurst has been running a podcast called “Interdependence” – a kind of short-form educational space for the crypto curious. Pitched as a “$5 grad school,” it has featured conversations with artists, curators and researchers at the bleeding edge of blockchain technology, along with critiques of the so-called “platform internet,” or the state of the web as it exists today. Acolytes of the podcast are everywhere, in crypto. And Herndon and Dryhurst aren’t the only game in town –…