Forwarded from Crypto Classics VIP Alts | OKex
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And we want to give our users all the best ❗️
And today you have the opportunity to get our signals for FREE 💰
For more details contact the admin 🧑🏼💻 @damian_classics
Forwarded from Crypto Classics VIP Alts | OKex
Forwarded from Crypto Classics VIP Alts | OKex
🔗 Consensys (chief application developer at Ethereum), led by Joseph Lubin (by the way, the second person at Ethereum Foundation after Vitalik), fired 14% of the staff (120 people).
In February 2020, Consensys has already fired more than a hundred people. In total, since the beginning of the year - about 30%.
https://www.coindesk.com/new-layoffs-hit-ethereum-incubator-consensys
In February 2020, Consensys has already fired more than a hundred people. In total, since the beginning of the year - about 30%.
https://www.coindesk.com/new-layoffs-hit-ethereum-incubator-consensys
CoinDesk
New Layoffs Hit Ethereum Incubator ConsenSys
ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
Forwarded from Crypto Classics VIP | Futures
📍World markets and economy📍
May WTI futures fell 23% overnight to below 💰15 a barrel, the lowest since March 1999, after losing nearly a fifth of its value last week ❗️
The reduction in production agreed by the leading producers barely affects the price amid the eroded demand of COVID-19, as the storage space for crude oil is quickly running low.
US importers who are "demonstrating significant financial difficulties" from the coronavirus epidemic will be allowed to defer tariff charges for 90 days.
This does not apply to anti-dumping and countervailing duties or to importers of goods involved in trade conflicts, including solar panels, steel, aluminum and a number of Chinese products, as well as measures against Airbus.
An agreement on replenishment of financing for US’s companies affected by the epidemic can be reached today, which will add about 💰300 billion to finance loans for small businesses and $ 50 billion for loans in case of natural disasters.
COVID-19's financial losses are piling up at Mouse House as Disney (NYSE: DIS) stops paying more than 100,000 employees this week, or nearly half its workforce.
Today is a historic day - MINUS 💰10 oil futures and the decline continues❗️❗️❗️
True delivery is conditional today. May futures holders are trapped. The closure of the May contract in the futures market created a completely absurd situation.
Oil storages are clogged.
And if you suddenly had the recklessness to go for delivery, then you have to buy it and ... and there is no place to store it. And you can’t pour it - the environment, fines and all that.
This is our world today.
2020 continues...
MINUS closing price of $ 37.63 per barrel 😩
No one has ever seen this before.
May WTI futures fell 23% overnight to below 💰15 a barrel, the lowest since March 1999, after losing nearly a fifth of its value last week ❗️
The reduction in production agreed by the leading producers barely affects the price amid the eroded demand of COVID-19, as the storage space for crude oil is quickly running low.
US importers who are "demonstrating significant financial difficulties" from the coronavirus epidemic will be allowed to defer tariff charges for 90 days.
This does not apply to anti-dumping and countervailing duties or to importers of goods involved in trade conflicts, including solar panels, steel, aluminum and a number of Chinese products, as well as measures against Airbus.
An agreement on replenishment of financing for US’s companies affected by the epidemic can be reached today, which will add about 💰300 billion to finance loans for small businesses and $ 50 billion for loans in case of natural disasters.
COVID-19's financial losses are piling up at Mouse House as Disney (NYSE: DIS) stops paying more than 100,000 employees this week, or nearly half its workforce.
Today is a historic day - MINUS 💰10 oil futures and the decline continues❗️❗️❗️
True delivery is conditional today. May futures holders are trapped. The closure of the May contract in the futures market created a completely absurd situation.
Oil storages are clogged.
And if you suddenly had the recklessness to go for delivery, then you have to buy it and ... and there is no place to store it. And you can’t pour it - the environment, fines and all that.
This is our world today.
2020 continues...
MINUS closing price of $ 37.63 per barrel 😩
No one has ever seen this before.
Forwarded from Crypto Classics VIP|OKex
📍Current big Market update:📍
✅World markets: The situation on world markets is quite stable, despite tightening measures to prevent the expansion of the coronavirus epidemic.
Markets are growing little. However, this does not mean that all is well. Since the monetary policy of the central banks included unprecedented measures to support the population, business and markets, this provides some fuel for growth.
However, assessing the degree of damage is rather difficult. But there is one interesting indicator. This is the price of oil. In our previous review, we wrote that, despite the agreements reached by the OPEC + oil cartel, oil prices will not recover, since the main reason is the drop in demand. There was a reduction in the consumption of petroleum products by more than 30%, which led to an oversupply of oil in the market. Yesterday we watched a historic moment. Traders were willing to pay MINUS $ 46 for the purchase of WTI brand oil for delivery in May.
This is due to the fact that the storage facilities are full and oil simply has nothing to do. Consumption has fallen. The storage facilities are full, and oil is extracted every day. This led to a fall in the price in the negative zone. This was the first time in the history of mankind. They didn’t take money for black gold, but on the contrary they gave it with him. If only someone took her.
According to our estimates, the crisis will be fully felt this fall. Until this time, all necessary measures to contain the coronavirus will be canceled. They will leave only some restrictions on movement. But demand can no longer be restored so easily.
✅ Bitcoin: from the 9th, the price moves in a variable range. It is difficult enough to catch such price fluctuations. But, nevertheless, there is something. Just on the 9th, there was a breakdown of the growing trend, after which the price at least did not grow. Currently, Bitcoin is trading in the range of 6,550 - 7,300 dollars. For us, this is a sign that we have stopped in growth and can make a correction.
Nevertheless, growth is possible. The farther the price trades in a certain range, the stronger the movement may be after the breakdown of the support or resistance levels of this zone. Already more than 10 days we are in the same zone. No one knows if the movement will begin, but if it does, we will inform you.
Our tactics? We still have a short position. Stop above 7 300 dollars. We changed a stop several times only because we understand the price movement and see that the growth has stopped. If you have not traded at least 5 years, then we do not recommend moving your stop. This can only be done when you understand the market well.
At the moment, we are waiting for the breakdown of the range 6 550 - 7 300 dollars with a bias on a short position. If you do not actively trade day trading, then decisions on bitcoin should be made only near the borders of the range. We recommend using a reverse point strategy. What is this we have already described.
✅ Altcoins: Most altcoins are also in ranges. The market is waiting for either strong news to make an impetus for movement, or for the inflow and outflow of money. It will also lead to strong movement. The good news is that the whole market, except for a couple of exceptions, is moving at the same pace. This is a good sign.
In contrast to the short position on bitcoin, we have opened a long position on one of the top 5 in altcoin capitalization. This is done in order to hedge a position. After leaving the range there will be a strong movement. We do not know which way the exit will be, but inclined to a fall in prices. However, if there is still growth, then we will cover a short position, and leave a long one.
The dominance of bitcoin has fallen a bit and at and currently has reached the level of 63.6%. So far, this value is within the forecast and does not signal any trend or change in the balance between the altcoin and bitcoin market.
Take care!
✅World markets: The situation on world markets is quite stable, despite tightening measures to prevent the expansion of the coronavirus epidemic.
Markets are growing little. However, this does not mean that all is well. Since the monetary policy of the central banks included unprecedented measures to support the population, business and markets, this provides some fuel for growth.
However, assessing the degree of damage is rather difficult. But there is one interesting indicator. This is the price of oil. In our previous review, we wrote that, despite the agreements reached by the OPEC + oil cartel, oil prices will not recover, since the main reason is the drop in demand. There was a reduction in the consumption of petroleum products by more than 30%, which led to an oversupply of oil in the market. Yesterday we watched a historic moment. Traders were willing to pay MINUS $ 46 for the purchase of WTI brand oil for delivery in May.
This is due to the fact that the storage facilities are full and oil simply has nothing to do. Consumption has fallen. The storage facilities are full, and oil is extracted every day. This led to a fall in the price in the negative zone. This was the first time in the history of mankind. They didn’t take money for black gold, but on the contrary they gave it with him. If only someone took her.
According to our estimates, the crisis will be fully felt this fall. Until this time, all necessary measures to contain the coronavirus will be canceled. They will leave only some restrictions on movement. But demand can no longer be restored so easily.
✅ Bitcoin: from the 9th, the price moves in a variable range. It is difficult enough to catch such price fluctuations. But, nevertheless, there is something. Just on the 9th, there was a breakdown of the growing trend, after which the price at least did not grow. Currently, Bitcoin is trading in the range of 6,550 - 7,300 dollars. For us, this is a sign that we have stopped in growth and can make a correction.
Nevertheless, growth is possible. The farther the price trades in a certain range, the stronger the movement may be after the breakdown of the support or resistance levels of this zone. Already more than 10 days we are in the same zone. No one knows if the movement will begin, but if it does, we will inform you.
Our tactics? We still have a short position. Stop above 7 300 dollars. We changed a stop several times only because we understand the price movement and see that the growth has stopped. If you have not traded at least 5 years, then we do not recommend moving your stop. This can only be done when you understand the market well.
At the moment, we are waiting for the breakdown of the range 6 550 - 7 300 dollars with a bias on a short position. If you do not actively trade day trading, then decisions on bitcoin should be made only near the borders of the range. We recommend using a reverse point strategy. What is this we have already described.
✅ Altcoins: Most altcoins are also in ranges. The market is waiting for either strong news to make an impetus for movement, or for the inflow and outflow of money. It will also lead to strong movement. The good news is that the whole market, except for a couple of exceptions, is moving at the same pace. This is a good sign.
In contrast to the short position on bitcoin, we have opened a long position on one of the top 5 in altcoin capitalization. This is done in order to hedge a position. After leaving the range there will be a strong movement. We do not know which way the exit will be, but inclined to a fall in prices. However, if there is still growth, then we will cover a short position, and leave a long one.
The dominance of bitcoin has fallen a bit and at and currently has reached the level of 63.6%. So far, this value is within the forecast and does not signal any trend or change in the balance between the altcoin and bitcoin market.
Take care!
The Dutch central bank released a report that said it is “prepared to play a leading role” in the development of a CBDC.
https://decrypt.co/26260/dutch-central-bank-leading-role-digital-currency-development
https://decrypt.co/26260/dutch-central-bank-leading-role-digital-currency-development
Decrypt
Dutch central bank wants 'leading role' in digital currency development
De Nederlandsche Bank said today that it would like to experiment with a digital currency issued by itself and other European central banks.
A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper — link
Cointelegraph
A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper
The Industrial and Commercial Bank of China has a lot of positive opinions on blockchain technology
Forwarded from Crypto Classics VIP Alts | OKex