Crypto Futures Trading

2022-05-21 15:10:08 Tether claims it’s fully backed after the court rejects the request to conceal records

Amid overall concerns about the stability of stablecoins following the TerraUSD crash, Tether (USDT) has maintained that its reserves are strong and fully backed.Tether, through its 2022 Q1 quarterly assurance opinion, stated on May 19 that the company’s current reserves are characterised by more consolidated assets than liabilities.

The opinion also claimed that the reserves had recorded a drop in commercial paper investments alongside an increase in U.S. treasury bills. Concerns about Tether’s reserves accelerated after it emerged that investors withdrew over $7 billion following USDT’s brief drop below the dollar peg.Overall, for 2022 Q1, Tether stated its consolidated cumulative assets stood at about $82.4 billion. However, the statement did not mention the consolidated total liabilities for the quarter.

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2022-05-21 15:09:13 #BTC All of the candles have closed below the support, so the stop-loss was not activated. Those of you who don't know, read my Soft SLs article.


About the market - the bulls are failing to push the price, there are tons of purchases at the moment, mostly spot, which is rather wise and I wrote about this in my post - PURCHASES.

I'm waiting for another small drop downwards, from there the price can move upwards above $30300, at the very least it would hit $34k.

https://t.me/Crypto_Futures_Trading Open / Comment

2022-05-20 12:41:02 Meta trademark filing hints at plans for crypto payments platform

The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay.Social media giant Facebook's parent company, Meta, may be planning to launch a payments platform with support for cryptocurrency.

According to records submitted to the United States Patent and Trademark Office, or USPTO, on May 13, Meta filed five applications for its namesake to be used in a platform called Meta Pay. The filings included Meta’s name for use in a “online social networking service for investors allowing financial trades and exchange of digital currency, virtual currency, cryptocurrency, digital and blockchain assets, digitized assets, digital tokens, crypto tokens and utility tokens.”

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2022-05-19 16:38:02 #BTC The position has reversed thanks to me reducing my position by half and the stop-loss remains in the same volume. I'm showing the targets on the chart and the trailing stop-loss is moving downwards next to the resistance of the pennant, but a bit above the level itself. After the resistance reaches the support it will stay above $30300.

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2022-05-19 14:01:02 Crypto Regulators From 5 Countries Identify A Potential $1 Billion Ponzi Scheme

In recent months, investing in cryptocurrencies has been challenging. The emerging market has been shaken by radically shifting prices, collapsing assets, and a variety of economic challenges.Digital asset proponents applauded the international and national authorities’ efforts to better appreciate and monitor the sector’s viability.

Also contributing to the growth was the senseless Russian invasion of Ukraine. In and out of the country, a large number of individuals used cryptocurrencies to transfer funds, demonstrating once again the currency’s utility.Regardless of its shining moments, cryptocurrency is currently at a crucial juncture.It has lost almost fifty percent of its market value since November and is susceptible to frauds, manipulations, and sudden decreases.

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2022-05-18 20:12:02 Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps

This addition will help users purchase non-fungible tokens (NFT) on various marketplaces including OpenSea and Coinbase’s own NFT platform; trade on decentralized exchanges including Uniswap and SushiSwap; and borrow and lend through decentralized finance (DeFi) platforms including Curve and Compound.

“Over 95% of the nearly 300 million cryptocurrency investors worldwide have not ventured beyond a centralized exchange,” Andrew Thurman of blockchain analytics firm Nansen told CoinDesk. “This move by Coinbase has the potential to give a new wave of users the chance to explore the frontier of DeFi and NFTs.”Coinbase Global (COIN) will begin allowing for a “small set” of its app users to access Ethereum-based decentralized apps (dapps) directly from the Coinbase app, according to a blog post Monday.

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2022-05-18 11:21:19 #BTC The wedge that I'm seeing today is a bit... unfortunate. Not a very bullish picture. So I am closing half of my long here and I'm waiting to see what will happen. Stop-loss is on the same spot as the volume.

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2022-05-18 09:37:48 Crypto Futures Trading pinned a photo Open / Comment

2022-05-18 09:37:34 The past few weeks have been witness to a sharp downturn in the market, with most cryptocurrencies trading in the red. The prevailing panic from this has knocked a well-backed algorithmic stablecoin, UST, to less than a quarter of its value. The cryptocurrency behind the stablecoin, TerraUSD rose in popularity earlier this year when it was pledged that $10 billion worth of bitcoin would be amassed to support its dollar peg.
Over the weekend, it's reported that around $500 million was withdrawn from the Anchor protocol on LUNA. This triggered a downward spiral as investors sold off large amounts of UST, causing it to lose its peg. The market was swamped by the onslaught of investors offloading, so much so that Binance suspended the withdrawals of UST and LUNA.
Did you manage to trade the news? Trade TerraUSD with leverage of 1:100 http://www.eaglefx.com Open / Comment

2022-05-17 10:37:02 The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures

B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday.

Milanez did not provide many details on how the product will work. It is not yet known if B3 will form a partnership or if it will offer Bitcoin futures trading directly, but the timeline for launching this product was stated to be relatively short. "We plan to launch bitcoin futures in the next three to six months," he said.At the time, the executive highlighted that the Brazilian stock exchange had been looking closely at the cryptocurrency market from a technological point of view since 2016.

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