It’s only been 24 hours or so since Binance launched their new crypto to fiat trading platform in Jersey. However, there have already been reports of massive uptake, and the price of Binance coin has performed strongly as a result.

It hasn’t even been a day since the launch, which was announced on the Binance site with the following message:

“Binance is excited to announce that Binance’s EUR / GBP Fiat Exchange, Binance.je, is now online, with trading in BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs now open. Registrations, deposits and withdrawals are now also available.

The first 5,000 users to register and complete Account Verification (KYC) on binance.je will be rewarded with 20 EUR. Further details on this promotion can be found here.”


Read more: https://coinlu.com/binance-sees-massive-uptake-following-jersey-exchange-opening/

Bloomberg have this week reported that the Financial Services Agency in Japan is considering a Bitcoin Exchange Traded Fund (ETF). According to the article, the agency is currently investigating the level of popularity such a move would have in the country, having distanced itself from the possibility of Bitcoin futures.

Read more: https://coinlu.com/will-japan-approve-a-bitcoin-etf/

Ethereum Classic’s price has nosedived to its lowest of the year as concerns surrounding the security of the network reach fever pitch. As talk of a potential 51% attack attempt circulates, the official Ethereum Classic Twitter has been trying to calm things down. Unfortunately, Coinbase has had other ideas.


Read more: https://coinlu.com/ethereum-classic-dips-amid-51-attack-concerns/

Glad to hear that, thank you!

First of all - congrats on Bitcoin current jump
This is nothing to do with the mindset - I read charts, and this is what the chart is currently telling me. Also, I'm always a big fan of negative news, especially when you get a lot of them after a strong correction, because this gives me an indication that we are near a bottom.

Good luck and happy new year!

Bitcoin 4hr chart

See, this is not called being stupid; this is called being realistic. If you the most significant driver to a bull rally is positive energy, then maybe you should start having some yoga classes and not trading the markets.

Dear, wake up

In this business, you can never be 100% right.
Actually, you don't need to be always right to become a profitable trader.
I've probably traded every market, this includes stocks, forex crypto etc. while being only 60-70% correct and managed to be profitable.

Patient is key...Good luck

When Satoshi Nakamoto – whoever he or she is – set up bitcoin in 2009, he did so with the aim that the digital currency would be better in practically every way than the fiat currencies that came before it. Not only would the currency protect holders against theft by private citizens, but it was also hoped that it would eliminate the current monetary policy that slowly inflates the government money, decreasing its value in real terms.

The way Nakamoto envisioned doing this was simple: over time the difficulty of mining new coins would go up, slowly converging on a level so high that no further coins could be minted. Nakamoto hard-coded the bitcoin system to limit the total number of bitcoin that could exist through a series of halving events, with the two most recent in 2012 and 2016. These halving events reduced block rewards every time a miner added a block to the bitcoin blockchain.

Read more: https://coinlu.com/bitcoin-halving-2020-3-things-you-need-to-know/

I totally agree with you - $5800-6000 will be a rough area to break out from.
This resistance (which was once a strong support zone) was used to distribute so many of the whale's bitcoin bag.

Lol thanks for your reply - but this was never my conclusion, or at least the conclusion I wanted to deliver to readers. What I was trying to say is that the market will not recover until we see an accumulation phase. A phase that should take at least 3 months to develop

Hello,

I have just published my idea and analysis on Bitcoin and what's ahead of us in 2019. I mostly cover market cycles and what reversal signs we should be looking for.

Read: https://coinlu.com/will-bitcoin-price-continue-to-fall-in-2019/


Thoughts? 

Mark Karpeles, the CEO of failed Bitcoin exchange Mt. Gox, has delivered his final comments at his trial for embezzlement and fraud. The trial, which has been taking place in Tokyo, has been running for over 6 months.

Karpeles, who denies the charges, has been on bail since 2017 and unable to leave Japan pending the result of this trial; he denies embezzlement. However, prosecutors are demanding a 10-year jail sentence for his oversight of the collapse of Mt. Gox. According to Japan Times earlier this month, Prosecutors told the Tokyo District Court that Mark Karpeles, 33, “diverted company funds for such uses as investing in a software development business for personal interest” and “played a great role in totally destroying the confidence of bitcoin users.”

Read More: https://coinlu.com/mt-gox-ceo-pleads-innocence-over-collapsed-exchange/

Username: aalfadhala


Thanks!

You are only making money if you have shorted Bitcoin. If you're an intraday trader, you can still long the market and close trades within a few days - but this is very risky for people who don't have experience with trading. So the answer is yes, only if you have shorted the markets.

Coinmama is definitely not a scam, here are few reviews that might be helpful:


https://coinlu.com/coinmama-review-5-things-you-should-know/
https://99bitcoins.com/bitcoin-exchanges/coinmama-review/

Great, where is the ATM located?

The article examines some factors that have lead to the previous rally and see if we can compare and look for similar signs to help us identify the next jump.

Read: https://coinlu.com/bitcoin-price-rally/


Thoughts?