$91 Mln Worth of Bitcoin Longs Liquidated on BitMEX After Massive BTC Price Falls
The bulls have lost big during another market sudden upturn, but they might experience even more pain in the short-term
Data from: #datamish
The bulls have lost big during another market sudden upturn, but they might experience even more pain in the short-term
Data from: #datamish
MXC Launching Margin Trading Without Borrowing Interest for 5 Days
MXC has launched margin trading at 14:00 (UTC+8), November 7. It initially supports BTC, ETH, EOS, LTC, BCH, XRP and TRX tokens. The borrowing interest rate is as low as 0.03%. Furthermore, the borrowing interest fee will be exempted for 5 days (20:00, November 7 - 20:00, November 12 (UTC+8)), for celebrating the launching of margin trading and encourage users to join. All users are welcomed to experience the new feature.
Details: https://bit.ly/32xFjQ8
MXC has launched margin trading at 14:00 (UTC+8), November 7. It initially supports BTC, ETH, EOS, LTC, BCH, XRP and TRX tokens. The borrowing interest rate is as low as 0.03%. Furthermore, the borrowing interest fee will be exempted for 5 days (20:00, November 7 - 20:00, November 12 (UTC+8)), for celebrating the launching of margin trading and encourage users to join. All users are welcomed to experience the new feature.
Details: https://bit.ly/32xFjQ8
Bakkt Hits New Record
Meanwhile, Bakkt daily trading volume is smashing its record high of 1,741 contracts set on October 25, according to the independent data tracker Bakkt Volume Bot on Twitter.
Since October 23, when Bakkt’s Bitcoin futures trading volume took a big leap, it hasn’t dipped below $2.5 million, signaling a sustained rise in interest among institutional investors.
Daily summary of Friday's Bakkt Bitcoin Monthly Futures:
📈 Traded contracts: 1741 ($15,486,195) (New ATH 🚀)
https://twitter.com/BakktBot
Meanwhile, Bakkt daily trading volume is smashing its record high of 1,741 contracts set on October 25, according to the independent data tracker Bakkt Volume Bot on Twitter.
Since October 23, when Bakkt’s Bitcoin futures trading volume took a big leap, it hasn’t dipped below $2.5 million, signaling a sustained rise in interest among institutional investors.
Daily summary of Friday's Bakkt Bitcoin Monthly Futures:
📈 Traded contracts: 1741 ($15,486,195) (New ATH 🚀)
https://twitter.com/BakktBot
Market Overview
BTC is trading again above $9,000, almost all market is green. Market capitalization has increased to 253.94B. The dominance of BTC has decreased to 64.01%.
TOP-5
BTC - $ 9,010 (+2,64%)
ETH - $189 (+2,72%)
XRP - $0.279(+0,5%)
BCH - $291 (+4.3%)
LTC - $62.8 (+1.62%)
Gainers
DACC [DACC](+52.05%)
DxChain [DX](+40.55%)
Whole Network [NODE](+20.68%)
Bluzelle [BLZ](+17.82%)
Yobit Token [YO](+16.63%)
Losers
FirmaChain [FCT](-13.8%)
WOM Protocol [WOM](-13.2%)
FABRK Token [FAB](-12.42%)
Chromia [CHR](-12.2%)
Echoin [EC](-11.46%)
@CryptoRankNews
BTC is trading again above $9,000, almost all market is green. Market capitalization has increased to 253.94B. The dominance of BTC has decreased to 64.01%.
TOP-5
BTC - $ 9,010 (+2,64%)
ETH - $189 (+2,72%)
XRP - $0.279(+0,5%)
BCH - $291 (+4.3%)
LTC - $62.8 (+1.62%)
Gainers
DACC [DACC](+52.05%)
DxChain [DX](+40.55%)
Whole Network [NODE](+20.68%)
Bluzelle [BLZ](+17.82%)
Yobit Token [YO](+16.63%)
Losers
FirmaChain [FCT](-13.8%)
WOM Protocol [WOM](-13.2%)
FABRK Token [FAB](-12.42%)
Chromia [CHR](-12.2%)
Echoin [EC](-11.46%)
@CryptoRankNews
Main News
Poloniex Has Listed TRON. Customers will be able to post limit orders for TRX/BTC, TRX/USDT and TRX/USDC pairs on 2019/11/12 at 15:00 UTC. link
Singapore’s central bank, JPMorgan develop a blockchain system for cross-border payments. link
Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps. link
Banking giant Standard Chartered joins Enterprise Ethereum Alliance. link
A Beginners Guide to Understanding Risk Management | Binance Academy. link
Ethereum's Buterin says he was 'over-optimistic' about Serenity timeline. link
Decentralized exchange IDEX announced an “infinite scaling solution” for Ethereum. link
Join discussion: https://tttttt.me/CryptoRankEn
Poloniex Has Listed TRON. Customers will be able to post limit orders for TRX/BTC, TRX/USDT and TRX/USDC pairs on 2019/11/12 at 15:00 UTC. link
Singapore’s central bank, JPMorgan develop a blockchain system for cross-border payments. link
Another crypto derivatives exchange wins CFTC nod to offer physically-settled bitcoin swaps. link
Banking giant Standard Chartered joins Enterprise Ethereum Alliance. link
A Beginners Guide to Understanding Risk Management | Binance Academy. link
Ethereum's Buterin says he was 'over-optimistic' about Serenity timeline. link
Decentralized exchange IDEX announced an “infinite scaling solution” for Ethereum. link
Join discussion: https://tttttt.me/CryptoRankEn
DDOS has become top one token in the Tron network in just a week
DDOS has quickly gained popularity in the Tron Network and is top-1 token by the number of transactions.
The author of DDOS is a well-known DApp developer who is called Master Gao in the TRON community.
Similar to BTC using real electric power for mining, DDOS use TRON Energy for mining.
Source: https://stat.bloxy.info/superset/dashboard/tron_assets/?standalone=true
@CryptoRankNews
DDOS has quickly gained popularity in the Tron Network and is top-1 token by the number of transactions.
The author of DDOS is a well-known DApp developer who is called Master Gao in the TRON community.
Similar to BTC using real electric power for mining, DDOS use TRON Energy for mining.
Source: https://stat.bloxy.info/superset/dashboard/tron_assets/?standalone=true
@CryptoRankNews
DxChain has grown by more than 800% in a year. 🔥
However, the project has only recently begun to trade above the ICO price:
ROI Since ICO:
USD: 1.63x(+62.8%)
BTC: 1.19x(+18.8%)
Major exchanges for trading: Gate, Kucoin, Bilaxy
Market Cap: $110.85M
@CryptoRankNews
However, the project has only recently begun to trade above the ICO price:
ROI Since ICO:
USD: 1.63x(+62.8%)
BTC: 1.19x(+18.8%)
Major exchanges for trading: Gate, Kucoin, Bilaxy
Market Cap: $110.85M
@CryptoRankNews
EOS Enters Congestion Mode Due to EIDOS Airdrop
A token called EIDOS was released on the EOS network on October 31st, 2019. In order to distribute EIDOS, the contract uses an airdrop.
Currently, around 95% of all EOS transfer actions are related to the EIDOS contract.
Increased activity has caused the EOS network to enter congestion mode, which limits the amount of transactions a user can broadcast to their pro-rata share of total staked CPU resources on the EOS network.
The EOS network should be expected to stay in this state until it is no longer profitable to collect EIDOS or until the massive leases were taken out on REX expire after 30 days and the leasers don’t renew their lease.
Major exchanges for EIDOS trading: MXC, Bithumb Global
@CryptoRankNews
A token called EIDOS was released on the EOS network on October 31st, 2019. In order to distribute EIDOS, the contract uses an airdrop.
Currently, around 95% of all EOS transfer actions are related to the EIDOS contract.
Increased activity has caused the EOS network to enter congestion mode, which limits the amount of transactions a user can broadcast to their pro-rata share of total staked CPU resources on the EOS network.
The EOS network should be expected to stay in this state until it is no longer profitable to collect EIDOS or until the massive leases were taken out on REX expire after 30 days and the leasers don’t renew their lease.
Major exchanges for EIDOS trading: MXC, Bithumb Global
@CryptoRankNews
Likes & re-Tweets needed!
https://twitter.com/binance/status/1193602706910236672
Our partners from @Incrypted_net are in the Final of #BinanceFutures video-contest. Let's help them to win.
Please:
1. Go to https://twitter.com/binance/status/1193602706910236672
2. Like this post
3. Re-Tweet this post without a comment
Thanks!
https://twitter.com/binance/status/1193602706910236672
Our partners from @Incrypted_net are in the Final of #BinanceFutures video-contest. Let's help them to win.
Please:
1. Go to https://twitter.com/binance/status/1193602706910236672
2. Like this post
3. Re-Tweet this post without a comment
Thanks!
Market Overview
Bitcoin falls to $8,700 despite weekend price surge. Market capitalization has decreased to 247.49B. The dominance of BTC has decreased to 63.68%.
TOP-5
BTC - $ 8,735 (-3,22%)
ETH - $186 (-1,73%)
XRP - $0.272(-2,52%)
BCH - $284 (-3.25%)
LTC - $61.88 (-2.19%)
Gainers
Arcblock [ABT](+39.85%)
CoinMeet [MEET](+24.45%)
Tael [WABI](+18.38%)
Hashgard [GARD](+18.11%)
SONM [SNM](+13.62%)
Losers
Whole Network [NODE](-31.77%)
Eminer [EM](-18.42%)
X-power Chain [XPO](-17.67%)
The Force Protocol [FOR](-12.82%)
Bgogo [BGG](-11.72%)
@CryptoRankNews
Bitcoin falls to $8,700 despite weekend price surge. Market capitalization has decreased to 247.49B. The dominance of BTC has decreased to 63.68%.
TOP-5
BTC - $ 8,735 (-3,22%)
ETH - $186 (-1,73%)
XRP - $0.272(-2,52%)
BCH - $284 (-3.25%)
LTC - $61.88 (-2.19%)
Gainers
Arcblock [ABT](+39.85%)
CoinMeet [MEET](+24.45%)
Tael [WABI](+18.38%)
Hashgard [GARD](+18.11%)
SONM [SNM](+13.62%)
Losers
Whole Network [NODE](-31.77%)
Eminer [EM](-18.42%)
X-power Chain [XPO](-17.67%)
The Force Protocol [FOR](-12.82%)
Bgogo [BGG](-11.72%)
@CryptoRankNews
Main News
Canaan, the biggest rival to Bitmain will hold an IPO on November 20. link
Bitmax is listing Bytom（BTM) under the trading pairs of BTM/USDT, BTM/BTC. Trading to start at 10:00 a.m. EST on Nov 13th, 2019. link
Bakkt Warehouse has received authorization from the New York Department of Financial Services (NYDFS) to offer bitcoin custody to all institutions. link
The Xi Effect: China To Invest Over $2 Billion On Blockchain In 2023. link
China’s State-Run Media: Bitcoin Is Blockchain’s First Success. link
Singapore: MAS Partners JP Morgan to Develop Blockchain-Enabled Payments Network. link
Cryptocurrency Exchanges Pressured to Collect More Private User Information by FATF. link
BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020. link
@CryptoRankNews
Canaan, the biggest rival to Bitmain will hold an IPO on November 20. link
Bitmax is listing Bytom（BTM) under the trading pairs of BTM/USDT, BTM/BTC. Trading to start at 10:00 a.m. EST on Nov 13th, 2019. link
Bakkt Warehouse has received authorization from the New York Department of Financial Services (NYDFS) to offer bitcoin custody to all institutions. link
The Xi Effect: China To Invest Over $2 Billion On Blockchain In 2023. link
China’s State-Run Media: Bitcoin Is Blockchain’s First Success. link
Singapore: MAS Partners JP Morgan to Develop Blockchain-Enabled Payments Network. link
Cryptocurrency Exchanges Pressured to Collect More Private User Information by FATF. link
BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020. link
@CryptoRankNews
Miners Are Aggressively Accumulating BTC in Halving Anticipation
🔸 BTC mining data show that there’s a divergence between freshly generated coins and the first time they are spent onchain.
Traders believe that miners will accumulate coins in order to increase the price and keep the previous income after halving.
🔸 Also, the onchain market intelligence company Glassnode has shown that BTC whales are accumulating lots of coins.
https://cryptorank.io/currencies/bitcoin/price-chart
🔸 BTC mining data show that there’s a divergence between freshly generated coins and the first time they are spent onchain.
Traders believe that miners will accumulate coins in order to increase the price and keep the previous income after halving.
🔸 Also, the onchain market intelligence company Glassnode has shown that BTC whales are accumulating lots of coins.
https://cryptorank.io/currencies/bitcoin/price-chart
Top 5 DApps by Users: ETH vs TRX
Key takeaways:
🔷 Gambling is the most popular DApp category
🔷 TRON top-5 DApps have:
🔹 28% more users
🔹 3.32x more volume
🔹 28.8x more daily transactions
@CryptoRankNews
Key takeaways:
🔷 Gambling is the most popular DApp category
🔷 TRON top-5 DApps have:
🔹 28% more users
🔹 3.32x more volume
🔹 28.8x more daily transactions
@CryptoRankNews
Bitcoin Preparing for Bull Run 🚀
The cryptocurrency market set a new volume record in June. The CME and BitMEX saw monumental trading days, as BTC incurred its largest rally in over a year.
Some analysts noted that in previous bull markets, fresh all-time highs in volumes were always followed by consolidation. Shrinking Spot market volume has been more than compensated for.
BTC 90 day Volume was recently 40% more than the 2017/18 peak.
Futures have swallowed the Spot market. BTC 90 day Volume was recently 40% more than the 2017/18 peak.
The consequences promise to be global.
https://twitter.com/caprioleio/status/1194023819276619778
The cryptocurrency market set a new volume record in June. The CME and BitMEX saw monumental trading days, as BTC incurred its largest rally in over a year.
Some analysts noted that in previous bull markets, fresh all-time highs in volumes were always followed by consolidation. Shrinking Spot market volume has been more than compensated for.
BTC 90 day Volume was recently 40% more than the 2017/18 peak.
Futures have swallowed the Spot market. BTC 90 day Volume was recently 40% more than the 2017/18 peak.
The consequences promise to be global.
https://twitter.com/caprioleio/status/1194023819276619778
Market Overview
Market capitalization has decreased to 247.21B. The dominance of BTC has increased to 63.71%.
TOP-5
BTC - $ 8,729 (-0,12%)
ETH - $185 (-0,59%)
XRP - $0.271(-0,68%)
BCH - $283 (-0.45%)
LTC - $61.03 (-1.6%)
Gainers
Fusion [FSN](+69.73%)
F1ZZ [FZZ](+37.08%)
Klaytn [KLAY](+17.69%)
Aurora [AOA](+15.32%)
Grin [GRIN](+14.15%)
Losers
Hashgard [GARD](-29.49%)
Arcblock [ABT](-15.42%)
DxChain [DX](-14.84%)
Blox [CDT](-14.04%)
V Systems [VSYS](-9.6%)
@CryptoRankNews
Market capitalization has decreased to 247.21B. The dominance of BTC has increased to 63.71%.
TOP-5
BTC - $ 8,729 (-0,12%)
ETH - $185 (-0,59%)
XRP - $0.271(-0,68%)
BCH - $283 (-0.45%)
LTC - $61.03 (-1.6%)
Gainers
Fusion [FSN](+69.73%)
F1ZZ [FZZ](+37.08%)
Klaytn [KLAY](+17.69%)
Aurora [AOA](+15.32%)
Grin [GRIN](+14.15%)
Losers
Hashgard [GARD](-29.49%)
Arcblock [ABT](-15.42%)
DxChain [DX](-14.84%)
Blox [CDT](-14.04%)
V Systems [VSYS](-9.6%)
@CryptoRankNews
Main News
CME Group will launch options on Bitcoin futures in Q1 2020. link
Bitfinex to launch options and gold-backed stablecoin. link
Huobi Chain, the regulator-facing public blockchain of Huobi Group, is now open source and available to all developers on GitHub. link
TRON founder Justin Sun confirmed that he invested in Poloniex. link
HTC and Binance Announce Limited Edition EXODUS 1 Smartphone with Built-in Binance Chain and DEX Support. link
Canada’s biggest bank exploring to launch cryptocurrency trading platform. link
BitGo Says It’s Now Processing 20% of Bitcoin Transactions. link
Facebook Initiates Payments like WeChat Pay, as its Crypto, Libra Fails to see the light. link
On meetup in Singapore CZ revealed that his primary focus over the next few quarters will be to integrate the remaining 180 fiat currencies into the Binance platform. link
Join discussion: https://tttttt.me/CryptoRankEn
CME Group will launch options on Bitcoin futures in Q1 2020. link
Bitfinex to launch options and gold-backed stablecoin. link
Huobi Chain, the regulator-facing public blockchain of Huobi Group, is now open source and available to all developers on GitHub. link
TRON founder Justin Sun confirmed that he invested in Poloniex. link
HTC and Binance Announce Limited Edition EXODUS 1 Smartphone with Built-in Binance Chain and DEX Support. link
Canada’s biggest bank exploring to launch cryptocurrency trading platform. link
BitGo Says It’s Now Processing 20% of Bitcoin Transactions. link
Facebook Initiates Payments like WeChat Pay, as its Crypto, Libra Fails to see the light. link
On meetup in Singapore CZ revealed that his primary focus over the next few quarters will be to integrate the remaining 180 fiat currencies into the Binance platform. link
Join discussion: https://tttttt.me/CryptoRankEn
CME Sets Launch Date for Options on Its Bitcoin Futures to January 2020
According to a press release of CME Group, the world's leading derivatives marketplace, announced options on its Bitcoin futures contracts will be available for trading starting Jan 13, 2020.
🔎 The primary difference between futures and options is that the contract holder is obligated to sell a futures contract on the expiry date. With options there is no obligation to sell the contract on expiry, giving greater flexibility which of course may impact market prices.
CME launched Bitcoin futures contracts in Dec 2017. Launch of CME BTC options will increase liquidity for Bitcoin markets which will be bullish for long term BTC prices.
Current key numbers of BTC CME futures:
🔹Average daily volume of 6,500+ contracts in 2019, equivalent to about 32,500 bitcoin.
🔹22 successful futures expiration settlements since launch.
🔹3,500+ individual accounts trading.
🔹47 percent of the trading volume is from outside the U.S.
@CryptoRankNews
According to a press release of CME Group, the world's leading derivatives marketplace, announced options on its Bitcoin futures contracts will be available for trading starting Jan 13, 2020.
🔎 The primary difference between futures and options is that the contract holder is obligated to sell a futures contract on the expiry date. With options there is no obligation to sell the contract on expiry, giving greater flexibility which of course may impact market prices.
CME launched Bitcoin futures contracts in Dec 2017. Launch of CME BTC options will increase liquidity for Bitcoin markets which will be bullish for long term BTC prices.
Current key numbers of BTC CME futures:
🔹Average daily volume of 6,500+ contracts in 2019, equivalent to about 32,500 bitcoin.
🔹22 successful futures expiration settlements since launch.
🔹3,500+ individual accounts trading.
🔹47 percent of the trading volume is from outside the U.S.
@CryptoRankNews
Binance Adds IOTX/USDT and RLC/USDT Trading Pairs
Binance will open trading for IOTX/USDT and RLC/USDT trading pairs at 2019/11/14 3:00 AM (UTC).
The price reacted with growth, as the liquidity of these tokens will be significantly increased.
@CryptoRankNews
Binance will open trading for IOTX/USDT and RLC/USDT trading pairs at 2019/11/14 3:00 AM (UTC).
The price reacted with growth, as the liquidity of these tokens will be significantly increased.
@CryptoRankNews
Gate.io HODL & Earn Platform Interest Rates
Gate.io HODL & Earn platform is a blockchain asset earning platform which brings stable income with low-risk.
Key features:
🔹High interest rates
🔹To participate in PoS & Earn users do not need to lock-up the token
🔹Lock-up and PoS programs
🔹 No handling fee
🔹 The interest is distributed every 14 days for PoS & Earn
@CryptoRankNews
Gate.io HODL & Earn platform is a blockchain asset earning platform which brings stable income with low-risk.
Key features:
🔹High interest rates
🔹To participate in PoS & Earn users do not need to lock-up the token
🔹Lock-up and PoS programs
🔹 No handling fee
🔹 The interest is distributed every 14 days for PoS & Earn
@CryptoRankNews