Bitcoin’s volatility has been diving as of late, with the benchmark cryptocurrency seeing multiple prolonged bouts of sideways trading. Last week,…
Bitcoin’s volatility has been diving as of late, with the benchmark cryptocurrency seeing multiple prolonged bouts of sideways trading.
Last week, BTC did see some turbulence that caused its price to rally from lows of $10,400 up to highs of $11,700. This move occurred over multiple days and has since resulted in it seeing yet another phase of consolidation.
Its lack of momentum is not providing investors with any significant insights into its near-term trend, and the resistance that sits just above where it is currently trading at is quite intense.
One result of the recent series of consolidation phases seen by BTC has been its 60-day volatility diving to historic lows.
Typically, this takes place right before the digital asset makes a massive trend defining movement, which could indicate that its near-term price action will have serious implications for where it trends in the days and weeks ahead.
Bitcoin Struggles to Gain Momentum as $11,600 Resistance Holds Strong
At the time of writing, Bitcoin is trading up just under 1% at its current price of $11,530. This is around where it has been trading throughout the past few days.
Last week, BTC ended a multi-week consolidation phase within the mid-$10,000 region. News of Square acquiring $50 million worth of Bitcoin was the catalyst that helped tip the scales into bulls’ favor.
Now that it is stable within the mid-$11,000 region, bulls and bears are currently battling for control of its near-term outlook.
For bulls to prevail, it is imperative that they surmount $11,600, which is one key resistance level that it has been struggling to break above over the past few days.
$12,000 is another crucial level that needs to be decisively broken above.
Analyst: BTC’s Volatility is Diving Towards Historic Lows
Bitcoin has been seeing some wild price swings over the past month, but these have done little to provide the crypto with any type of near-term trend.
It has, however, formed a macro trading range between $10,000 and $12,400. Neither of these levels have been broken throughout the past few months.
This has resulted in its 60-day volatility plunging to historic lows, as one analyst observed.
“60-day BTC volatility sitting near historic lows,” he said while pointing to the chart seen below.
Image Courtesy of Josh Olszewicz. Chart via TradingView.
How Bitcoin continues reacting to $11,600 should offer some insights into whether or not this macro consolidation phase will continue extending further.
Featured image from Unsplash.
Charts from TradingView.
Ethereum एक मुक्त-स्रोत, ब्लॉकचेन-आधारित, विकेन्द्रीकृत software प्लेटफ़ॉर्म है जिसका 2015 में प्रक्षेपण किया गया था और इसका उपयोग अपने स्वयं के क्रिप्टोकरेंसी- Ether के लिए किया जाता है। यह स्मार्ट कॉन्ट्रैक्ट्स और Distributed Applications (ĐApps) को बिना किसी डाउनटाइम, प्रवंचना, या हस्तक्षेप के बनाए और चलाने में सक्षम बनाता है।
Ethereum सिर्फ एक प्लेटफ़ॉर्म नहीं है, बल्कि एक प्रोग्रामिंग भाषा भी है, जो एक ब्लॉकचेन पर चल रहा है और developers को डिस्ट्रिब्यूटेड ऐप्स बनाने और प्रकाशित करने में मदद कर रहा है।
Ethereum बाजार पूंजीकरण के अनुसार दूसरा सबसे बड़ा cryptocurrency प्लेटफॉर्म है।
Ethereum का एक संक्षिप्त विश्लेषण
2014 के दौरान, Ethereum ने Ether के लिए एक pre-sale शुरू की थी जिसे एक जबरदस्त प्रतिक्रिया मिली थी। Ether का दो उद्देश्यों के लिए उपयोग किया जाता है: 1. इसे अन्य क्रिप्टोकरेंसी की तरह डिजिटल मुद्रा विनिमय के रूप में कारोबार किया जाता है। 2. इसका उपयोग Ethereum के अंदर अनुप्रयोगों को चलाने और यहां तक कि काम को मुद्रीकृत करने के लिए किया जाता है।
यह टिकर प्रतीक ETH के तहत सूचीबद्ध है और इसका क्रिप्टोकरेंसी एक्सचेंजों पर कारोबार किया जाता है। यूनानी uppercase Xi अक्षर (Ξ) आमतौर पर मुद्रा प्रतीक के लिए उपयोग किया जाता है।
Ether पारंपरिक मुद्रा से कैसे अलग है?
ETH ने लोकप्रियता के कुछ प्रमुख कारणों में शामिल हैं-
एक व्यक्तिगत बैंक के रूप में-आप स्वामित्व के प्रमाण के रूप में अपने वॉलेट के साथ अपने स्वयं के निधियों को नियंत्रित कर सकते हैं – कोई तीसरा पक्ष आवश्यक नहीं है।
क्रिप्टोग्राफी द्वारा सुरक्षित: यह सिद्ध क्रिप्टोग्राफी द्वारा सुरक्षित है। यह आपके वॉलेट, आपके ETH और आपके लेनदेन की सुरक्षा करता है।
पीयर-टू-पीयर भुगतान प्रणाली: आप अपने ETH को बिना किसी मध्यस्थ सेवा के भेज सकते हैं। यह एक व्यक्ति को नकद सौंपने जैसा है, लेकिन आप इसे किसी के भी साथ, कहीं भी, कभी भी सुरक्षित रूप से कर सकते हैं।
कोई केंद्रीकृत नियंत्रण नहीं: ETH विकेंद्रीकृत और वैश्विक है। ऐसी कोई कंपनी या बैंक नहीं है जो अधिक ETH छापने, या उपयोग की शर्तों को बदलने का निर्णय ले सकता है।
किसी के लिए भी खोलें: आपको केवल ETH स्वीकार करने के लिए इंटरनेट कनेक्शन और वॉलेट की आवश्यकता है। भुगतान स्वीकार करने के लिए आपको बैंक खाते तक पहुंचने की आवश्यकता नहीं है।
किसी भी राशि में उपलब्ध: ETH 18 दशमलव स्थानों के लिए विभाज्य है, इसलिए आपको 1 पूर्ण ETH खरीदने की आवश्यकता नहीं है। आप चाहें तो एक समय में 0.000000000000000001 ETH खरीद सकते हैं।
ETH के लिए उपयोग हर दिन बढ़ता है: क्योंकि एथेरियम प्रोग्राम करने योग्य है, डेवलपर्स अनगिनत तरीकों से ETH को आकार दे सकते हैं। 2015 में, आप केवल ETH को एक Ethereum खाते से दूसरे में भेज सकते थे। अभी, आप ETH को किसी को भुगतान करने या वास्तविक समय में धन प्राप्त करने के लिए उपयोग कर सकते हैं। आप बिटकॉइन सहित अन्य टोकन के साथ ETH का व्यापार कर सकते हैं। आप अपने ETH पर ब्याज भी कमा सकते हैं।
भारत में Ethereum खरीदना
0% ट्रेडिंग शुल्क पर INR में Ethereum खरीदने के लिए आप BuyUcoin क्रिप्टोकरेंसी एक्सचेंज में कई विकल्प चुन सकते हैं। आप Ethereum को क्रेडिट कार्ड, डेबिट कार्ड, UPI ट्रांसफ़र, बैंक ट्रांसफ़र, MobiKwik से खरीद सकते हैं, और अपने वर्चुअल बैंकिंग खाते का विशेष रूप से BuyUcoin प्लेटफ़ॉर्म पर उपयोग कर सकते हैं |
आपको बस एक खाता बनाने की आवश्यकता है और फिर आप क्रिप्टोकरंसी खरीदने के लिए तैयार हैं।
यहाँ कुछ कारण है कि क्यों BuyUcoin से ईथर खरीदना एक अच्छा विकल्प है-
1.मजबूत और सुरक्षित लेन-देन जिन्हें military-grade AES 256 bit encryption और नवीनतम SSL प्रोटोकॉल द्वारा एन्क्रिप्ट किया गया है, 2FA प्रमाणीकरण के साथ। 2. क्रिप्टो इंडिकेशन यह तय करने के लिए कि Ether कब खरीदना है और कब बेचना है। 3. आसान और तेज़ ट्रेडिंग अनुभव 4. 101 भुगतान विकल्प 5. तत्काल विनिमय और लेनदेन का तत्काल प्रसंस्करण 6. दैनिक ऑफ़र, यह भारत और दुनियाभर में Ether को खरीदने और बेचने के लिए दुनिया का पहला प्रोत्साहन-संचालित मंच बन रहा है |
New Delhi [India] July 14: Singapore based Hybrid Blockchain firm XinFin has partnered with BuyUcoin, one of India’s leading cryptocurrency exchanges, to introduce its Native Token XDC to the Indian market. XinFin chose BuyUcoin as their partner because of their vision and reliability, to expand its user-base in India. BuyUcoin is working continuously towards making its user experience effortless by introducing features that would enable faster and swift transactions and secure virtual accounts.
Bitcoin price has fallen more than $400 from yesterday’s peak. The drop happened abruptly as the daily candle closed and turned…
Bitcoin price has fallen more than $400 from yesterday’s peak. The drop happened abruptly as the daily candle closed and turned to October 13th’s trading session.
The collapse also coincides with two sell setups triggering, and the start of an ominous astrological event that historically has created turmoil for both people in general, and also for Bitcoin. Here’s how this short-lived phase has impacted crypto in the past, and how the combination of sell setups triggering could set off a series of downward movements in the days ahead.
After such a sharp move up, the most dominant crypto asset in the space is already down $400 from yesterday’s high. As soon as the clock struck 8:00 PM ET and the new daily candle opened, a selloff took place.
The new candle open also triggered not one but two sell setups on the TD Sequential indicator that traders clearly followed. The TD Sequential, as its name implies, provides buy or sell setups depending on if a specific sequence of candles has been followed.
9 sell setups often suggest a reversal could follow and a top is in, while 13 countdowns indicate trend exhaustion.
Yesterday’s higher high on daily timeframes “perfected” the TD 9 sell setup and triggered the 13 setup as well. The fall thus far has already been so deep, that the 13 setup has fallen completely off the chart. But it triggered at the day’s open nonetheless.
Beware: Mercury Retrograde Begins As Bitcoin Starts To Fall
Coinciding with the TD 9 and 13 combo, the turn of the calendar also began an astrological event that in the past hasn’t been very good to Bitcoin, and is known for stirring the pot in a number of other ways.
This phase, highlighted in red above and below, is called Mercury Retrograde. It is said to be responsible for all kinds of chaos in the human world, such as miscommunication, misfortune, and more.
It also has been negative for Bitcoin all throughout the bear market, as shown below. Most Mercury Retrograde phases result in markets miscommunicating about what the price of the leading crypto asset should be, and valuations have fallen.
The last phase didn’t result in much downside, but prior to that was Black Thursday. Now, the last Mercury Retrograde phase of 2020 is here, and it ends exactly on the US election day of November 3rd, 2020.
If this phase acts like the past, Bitcoin could see some serious downside. And with the start of Mercury Retrograde coinciding with these accurate sell signals and the upcoming election uncertainty, it could be a recipe for disaster.
Featured image from Deposit Photos, Charts from TradingView.com
Ripple, या XRP, एक cryptocurrency और एक मंच है। तकनीकी रूप से, Ripple कंपनी और नेटवर्क का नाम है, और XRP cryptocurrency है। Ripple प्लेटफ़ॉर्म एक open-source नवाचार है जिसे तेज़ और सस्ते डिजिटल लेनदेन की अनुमति देने के लिए डिज़ाइन किया गया है। कुछ वित्तीय संस्थानों और विश्लेषकों ने इस नेटवर्क के लिए एक मजबूत भविष्य की भविष्यवाणी की है। दुनिया भर में रिकॉर्ड गति से और कम शुल्क पर स्थानान्तरण सक्षम करके नेटवर्क पैसे की वैश्विक तरलता बढ़ा सकता है।
इस तरंग प्रणाली का उद्देश्य उन लोगों को वित्तीय नेटवर्क के सीमित तरीकों से मुक्त करना है जो शुल्क, मुद्रा विनिमय के लिए शुल्क और प्रसंस्करण में देरी को प्रतिबंधित करते हैं। रिपल पारंपरिक बैंकिंग के शुल्क और प्रतीक्षा समय से बचने का भी दावा करता है।
Ripple की पृष्ठभूमि
आज हम जानते हैं कि Ripple का संस्करण 2012 में जारी किया गया था। 2013 से, कई बैंकों ने धन हस्तांतरण और विनिमय में मदद करने के लिए Ripple का उपयोग करना शुरू कर दिया है। यह अनुमान है कि वर्तमान में 80% जापानी बैंक इसका उपयोग कर रहे हैं।
कई बदलावों के बाद, मार्केट कैप के मामले में XRP तीसरा सबसे बड़ा डिजिटल सिक्का बन गया है। यह बैंकों को एक दूसरे के साथ मुद्राओं का आदान-प्रदान करने और अपने ग्राहकों को एक-दूसरे को बहुत जल्दी भुगतान करने की अनुमति देने के लिए एक उपकरण के रूप में विकसित हुआ है। Ripple का उपयोग करके, आप एक सहयोगी या सहयोगी को उनकी स्थानीय मुद्रा में सेकंड में दुनिया के दूसरे हिस्से में भुगतान कर सकते हैं।
XRP, और सभी प्रमुख क्रिप्टोकरेंसी 2018 की शुरुआत में चरम पर थे। हालांकि 2018 के पहले 3 महीने XRP के लिए थोड़ा कठिन रहे हैं (उस समय जब केंद्रीकृत altcoin का मार्केट कैप लगभग 31 बिलियन डॉलर था और $ 0.79 पर कारोबार कर रहा था)। 2017 के दौरान मूल्य में इसमें रुचि 4300 प्रतिशत बढ़ी है।
XRP का उपयोग कैसे किया जाता है?
XRP एक डिजिटल सिक्का है। यह Ripple नेटवर्क पर मौजूद है। XRP का उपयोग “currency of last resort” के रूप में किया जाता है। इसका मतलब यह है कि अगर दो पक्षों के बीच विश्वास की कोई रेखा उपलब्ध नहीं है, तो लेन-देन को सामान्य मुद्रा XRP का उपयोग करके निपटाया जा सकता है। XRP का उपयोग लेनदेन शुल्क के रूप में भी किया जाता है और यह नेटवर्क पर दिखाई देने वाले अवांछित लेनदेन को रोकता है। Ripple प्रोटोकॉल लीडर को अपडेट करने के इच्छुक सभी पक्षों को XRP का भुगतान करना होगा। यह आमतौर पर एक बहुत छोटी राशि है, जैसे 0.0001 XRP।
यह शुल्क किसी के पास नहीं जाता है, जिससे XRP की मात्रा में निरंतर कमी होती है।
रिप्पल कहाँ से खरीदें
आप कई cryptocurrency एक्सचेंजों से XRP खरीद सकते हैं। हालांकि यह देखा गया है कि XRP को फिएट मुद्राओं के साथ खरीदना तुलनात्मक रूप से कठिन है, BuyUcoin जैसे एक्सचेंज इस प्रक्रिया को सुव्यवस्थित बनाते हैं।आप 0% ट्रेडिंग शुल्क पर INR में Ripple खरीदने के लिए BuyUcoin में कई विकल्प चुन सकते हैं।
आप क्रेडिट कार्ड, डेबिट कार्ड, UPI ट्रांसफ़र, बैंक ट्रांसफ़र, MobiKwik, और विशेष रूप से BuyUcoin प्लेटफ़ॉर्म पर अपने वर्चुअल बैंकिंग खाते का उपयोग करके खरीद सकते हैं|
इसकी कुछ प्रमुख विशेषताओं में शामिल हैं-
मजबूत और सुरक्षित लेन-देन जिन्हें military-grade AES 256 bit encryption और नवीनतम SSL प्रोटोकॉल द्वारा एन्क्रिप्ट किया गया है, 2FA प्रमाणीकरण के साथ। 2. क्रिप्टो इंडिकेशन यह तय करने के लिए कि कब खरीदना है और कब रिपल को बेचना है। 3. आसान और तेज़ ट्रेडिंग अनुभव 4. 101 भुगतान विकल्प 5. तत्काल विनिमय और लेनदेन का तत्काल प्रसंस्करण 6. Ripple और दैनिक ऑफ़र, यह भारत और दुनिया भर में Ripple को खरीदने और बेचने के लिए दुनिया का पहला प्रोत्साहन-संचालित मंच बना रहा है |
Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest…
Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest among the trading community. Trading crypto derivatives has its own advantages as it allows users to mitigate volatility-associated risks and hedge against potential losses.
There are various derivatives products that include Swaps, Futures, Forwards, Options and Perpetual Futures. With the right skills, on the right platform, traders can make the best out of these instruments and earn a small fortune in the process. However, finding the right platform is the key.
If one were to list five of the best crypto derivatives exchanges in the market, they would be:
Platform
Rating
Leverage
Up to 125x
Up to 101x
Up to 150x
Up to 100x
Up to 100x
Withdrawal Process
Under 30 minutes
Fast, without definite time
Fast, approved in minutes
Processed once a day
Processed 3 times a day
Welcome Bonus
N/A
N/A
Up to $200
N/A
Up to $90
Security of funds
Combination of multi-sig cold wallet and hot wallet
Combination of multi-sig cold wallet and hot wallet
Combination of multi-sig cold wallet and hot wallet
Multi-sig cold wallet only
Multi-sig cold wallet only
Daily Turnover
4 billion
500 million
7 million
1 billion
700 million
Support
Live chat & Email
Email only
Live chat & Email
Email only
Live Chat & Email
Binance
Taking the top spot on the list is Binance Futures, which leads the rest when it comes to 24-hour volumes. While it is popular for the spot trading feature, it also features margin and futures trading. Being one of the relatively older and a reputable crypto platform, trading on Binance is a straightforward process. It offers Perpetual Contracts with leverage of up to 125X and is found to be ideal for shorting Bitcoin and other cryptos without having to maintain a large BTC deposit in the user’s account.
Traders can also benefit from the margin trading feature for BTC and altcoins with up to 1:3 leverage. Binance Futures generally has a low fee structure, supports more than 200 altcoins, and also offers an option to trade limited volumes anonymously. However, the platform is not available in certain geographies, including the USA, and doesn’t support fiat payments.
FTX
FTX is a crypto derivatives trading platform that is designed by a bunch of traders with Wall Street experience. A relatively new platform, it offers a range of innovative trading instruments like Perpetual Futures, crypto indices, volatility contracts and more. In addition, it also has special FTX leveraged tokens that are ERC-20 tokens for leveraged exposure to crypto markets without many specifics.
Available in 14 different languages, the platform supports over 30 cryptocurrencies and some of the leading fiat currencies without any deposit or withdrawal charges. On the platform, traders can obtain leverage of up to 101x while paying some of the industry’s lowest trading fees at 0.07%. FTX also implements some of the standard security features including the latest encryption, 2FA and more.
However, being a relatively new trading platform FTX is yet to gain a reputation in the market and expand to more geographies.
C-Trade
A relatively new, next-generation crypto derivatives trading platform, C-Trade has quickly risen in the market and aims to become a crypto derivatives marketplace. C-Trade has come to be known for its lightning-fast secure trading infrastructure offering cryptocurrency Perpetual and Futures contracts. The platform also has options, warrants and other structured products in the pipeline designed to suit the trading community’s varying needs.
C-Trade is created by a team of tech entrepreneurs with expertise in traditional equity derivatives trading and crypto asset management. The team has an in-depth understanding of the market as well as the needs and preferences of traders, which has enabled them to create a reliable, secure, and user-friendly crypto derivatives platform.
C-Trade employs a highly capable matching engine that can handle over 100,000 TPS, which along with updated Spot Price Index and Mark Price Index systems, ensures the reliability of trades. Along with a maximum leverage of 150x, C-Trade has a low fee structure and approves withdrawals in minutes. It is also known for exceptional customer service that can be reached through multiple channels including live chat, contact form, email, or social media. The support team at C-Trade is highly qualified and capable of answering the queries in no time.
Even though the trading volumes are lower than its counterparts, which is quite common among young platforms, C-trade finds a place for itself as one of the hottest emerging crypto derivatives trading platforms. Currently, C-Trade is running a BTCUSD Perpetuals trading competition and offers a rewards program where users can earn up to $200 as rewards.
BitMEX
Short for Bitcoin Mercantile Exchange, BitMEX is one of the largest Bitcoin trading platforms that has been operational since 2014. It is a Bitcoin-only platform that accepts deposits and withdrawals in the flagship crypto alone.
BitMEX has a comprehensive, feature-rich trading dashboard with all the tools and charts necessary to make trading decisions. The platform implements adequate security and risk management measures including an insurance fund, auto deleveraging capabilities, and price manipulation protection.
Currently, users on BitMEX can avail up to 100X leverage and the trading fees are on par with those of its industry peers. While the platform is highly reliable and has gained the confidence of the crypto community, it is best suited for experienced traders which makes it an attractive platform for crypto whales and institutional investors.
However, the list of cryptocurrencies supported on BitMEX is limited compared to others. It is also known to experience occasional system overload problems causing inconvenience to the trading community. It is also a target of multiple lawsuits.
Bybit
The Singapore headquartered Bybit is yet another fast-growing crypto derivatives platform with daily trading volumes that puts it among the top 10 exchanges in the market. Started in March 2018, Bybit offers a user-friendly, intuitive, and smart platform for Perpetual Contracts trading with up to 100x leverage. The platform offers flexible deposit options which include BTC, ETH, EOS, XRP and even fiat currencies that can be used to make deposits as less as $5 to start trading.
Other notable features of Bybit include real-time market data, customizable trading dashboard, reliable customer support, insurance fund, and ADL for risk management. However, the number of contracts offered on the platform are limited to 4-5 compared to the likes of C-Trade.
Verdict
Each of these five platforms come with their own strengths and weaknesses. For example, Binance is one of the leading crypto platforms with the highest volumes and userbase. On the other hand, users on FTX can experience lots of new crypto trading products as it works on building its userbase. Competing closely with FTX is C-Trade, which is also a relatively new platform offering an attractive welcome bonus, quick withdrawal, and the best leverage. Apart from round-the-clock security and high-performance matching engine, the platform also scores high on the customer support department.
Meanwhile, BitMEX is the pioneer of crypto derivatives exchange and has been around for a long time. But the recent litigations and the system overload issues remain to be a concern. And finally, Bybit offers a user-friendly crypto derivatives platform with limited trading products, which it makes up for with its transaction processing capabilities.
These five crypto derivatives exchanges are just a tip of the iceberg, as there are many platforms out there offering a variety of trading products and features. Traders looking to pick the right platform to suit their needs can always try as many as they wish before making a selection. Some of these platforms also offer an attractive welcome bonus for new users, which can come in handy during the decision-making process.
