FastSwings.com

   Stocks, Stock Swings, Options, and Option Trades

   Disclaimer: Consult a Financial Advisor prior to taking the advice offered. By reading this blog site you agree to not hold any authors or FastSwings.com responsible for market loses that you may incur.

 Subscribe in a reader

Subscribe to FastSwings by Email


The Wine Spies - Undercover Deals, Exceptional Wines, Once Each Day...
All Posts Term: CryptoCurrency
5 post(s) found

Gemini Dollars (GUSD) Begin Trading

Winklevoss

The Winklevoss Brothers, Cameron and Tyler, have launched a stable coin today called the Gemini dollar after approval from New York regulators. The brothers are famous for the Gemini trading platform (created 4 years ago) in addition to work with Mark Zuckerberg in the early creation of Facebook (they got a settlement for their work). The coin has the approval of the NYDFS, the NY department of financial services.

The coins will be backed by US dollars, thus creating a coin that is more stable in price then others. This is Gemini’s first cryptocurrency coin. They have in the past tried to get an ETF approved for cryptocurrencies but have been rejected by the SEC. The coin is traded on the Ethereum network with the symbol (GUSD). You can easy convert between UDS and GUSD by depositing money into your Gemini account.

Tribetica.com For Bitcoin and ICO Analysis

While looking for a good source of Bitcoin and Cryptocurrency information online, I came across Remivee and his site Tribetica.com. This is becoming one of my favorite sites for information on the new digital currencies that were the rage last year but have fallen sharply since the end of 2017. And that was one of the criteria that I was looking for, a source that was honest and not just hyping holding Bitcoin.

Taking a look at a post today illustrates the great content that you will find. An analysis of the current short positions in Bitcoin as traded on the Bitfinex market. Read the first paragraph and you will discover that bears have short positions rising from 17 thousand to 34 thousand over the past two weeks. A clear sign that you should not purchase more at the current levels. Although no recommendation is made, the bull position is also analyzed from a historic position. The long positions were built last year at the 6000 price and are hard to break through for the shorts. The shorts are at a all time high level and could lead to a short squeeze according to Remivee.

Binance Review – Does This Cryptocurrency Exchange Live Up To The Hype?

overlay

Here's an overview of the well known cryptocurrency exchange Binance...

Shining the Spotlight on Binance

At the moment, cryptocurrency investors have many exchanges at their disposal, with different options, so picking the right one is not an easy matter. Whether you're a crypto novice or seasoned digital currency investor, you should ensure that you use the best platform to optimize your profits from cryptocurrencies.

Binance is an exchange that is often mentioned by the mainstream media. It has rapidly acquired a big following and become one of the most famous digital currency exchanges around. Its' unprecedented rise is a large reason why lots of people are cautious about it, and want more information about whether they can trust it or not.

For this reason, I have chosen to provide the following Binance review!

Firstly, let's begin with a fundamental question...

Ethereum: The Future Of Credit?

Ethereum

Ethereum may represent the future of credit, according to the cryptocurrency's founder Vitalik Buterin.

Like most other cryptos, Ethereum is based on the blockchain, a system that allows the currency to be hack-proof while simultaneously allowing every coin to be traced back to its origin point. This provides a level of secure transparency that Buterin believes can revolutionize security and economics.

The biggest stumbling block at present is the speed at which crypto transactions are processed. Bitcoin, the most well known cryptocurrency, processes about three transactions per second, while Ethereum is a little faster at five. Uber provides 12 rides a second, suggesting that cryptocurrencies need to process transactions much faster for large-scale commercial applications.

Bitcoin Makes Impressive Gains

Bitcoin Makes Impressive Gains

Bitcoin

The value of Bitcoin recently surpassed $2000.

The most famous cryptocurrency on the planet now has a per coin value of more than $2000. That is what several bitcoin exchanges are reporting, such as Kraken and Coinbase. This valuation indicates that the total bitcoin market cap (i.e. the total value of coins in use) is $32.92 billion.

This year, bitcoin has thrived - as this Coindesk chart reflects.

In 2013, bitcoin initially surpassed the $1000 valuation, however a range of variables - such as the problems experienced by Mount Gox (which was the leading exchange at the time) - meant that the currency dropped in value. Financial organizations tested blockchain and bitcoin based services during this period, and new Chinese regulations increased overall stability. This led to bitcoin returning to the $1000 mark by the end of 2016. Ever since, its' value has constantly grown throughout 2017.

Our FaceBook Page

Market Summary







Translate

Sponsors

Categories