Connect with us

Blockchain

Deribit users can now copy trade and use bots

Wunderbit Trading is proud to announce the integration of a cryptocurrency derivatives exchange – Deribit.

Republished by Plato

Published

on

Wunderbit Trading is proud to announce the integration of a cryptocurrency derivatives exchange – Deribit. Deribit is the first platform to offer bitcoin options, as well as bitcoin futures with margin. As collateral users hold either bitcoin or ethereum, while Deribit is a unique derivatives exchange in terms of keeping over 99% of user deposits on cold storage. 

Deribit already added Wunderbit to its list of supported trading platforms.

Use our referral link for discounted trading fees: https://www.deribit.com/

Exchanges

Wunderbit Trading currently supports Deribit, FTX, Binance (Spot and Futures), and ByBit. And is planning to expand the list of integrated exchanges further.

New features on the platform

One of the new features in Wunderbit Trading Platform that was driven by its community is pyramiding for bot automation. It will allow users’ trading bots to scale into the position and provide them with fully flexible exit strategies (either manually or through bots).

What is Wunderbit

Wunderbit Trading is a platform that allows you to start trading and investing in cryptocurrency seamlessly. Copy trade the best crypto traders with a transparent track record, trade yourself using the advanced trading terminal or create a fully automated trading bot using TradingView.

Wunderbit Trading: https://trading.wunderbit.co/en

Facebook:  https://www.facebook.com/wunderbit.co/
Twitter: https://twitter.com/Wunder_bit/
Youtube: https://www.youtube.com/c/wunderbit
Linkedin: https://www.linkedin.com/company/28129589
Telegram: https://t.me/wb_trading

Source: https://wunderbit.co/en/blog/deribit-users-can-now-copy-trade-and-use-bots

News

Cardano to Launch Hard Fork Before Next Major Development Phase

The hard fork will introduce the token locking mechanism, one of its most significant new functions, to the mainnet.

Avatar

Published

on

IOHK, the development team behind public blockchain project Cardano, said it is set to launch a hard fork in December as part of the transition to the third development phase of the protocol. 

Dubbed “Goguen,” the third phase will be focused on the protocol’s integration of smart contracts after building Cardano’s foundation and decentralizing its system in the first two phases. 

The hard fork will introduce the token-locking mechanism, one of its most significant new functions, to the mainnet. It will enable the network’s smart contracts to support certain conditions such as making users hold tokens for a fixed period of time in order to complete a contract.  

While only having a slight impact on the actual ledger, the token-locking function will prepare the platform for smart contracts and the creation of assets that run on Cardano, Kevin Hammond, the company’s software engineer, said in a statement. 

In addition, the network will bring custom tokens into the network besides its native token ADA, Hammond said. 
Founded in 2015, the network has experienced multiple hard forks to evolve through its five development phases, according to its roadmap. After the Goguen era, the protocol will go through the last two phases Basho and Voltaire to improve its scaling and governance functions.  

Source: https://www.coindesk.com/cardano-to-launch-hard-fork-before-next-major-development-phase

Continue Reading

News

Steve Forbes Thinks Bitcoin Is Yet To Qualify As A Store Of Value, Roots For Gold

Bitcoin Is Digital Gold And The Upcoming Halving Will Make It More Potent As A Store Of Value – Coinbase

Bitcoin is not viable as a store of value. That’s according to Steve Forbes, Editor-in-Chief of the Forbes Magazine. Apparently, Steve is all for Gold as a long-term store of value. However, he agrees that Bitcoin’s major success stems from the actions of central banks by printing a lot of money and causing inflation. Steve […]

Avatar

Published

on

Bitcoin Is Digital Gold And The Upcoming Halving Will Make It More Potent As A Store Of Value – Coinbase

Advertisement &  & 

Bitcoin is not viable as a store of value.

That’s according to Steve Forbes, Editor-in-Chief of the Forbes Magazine. Apparently, Steve is all for Gold as a long-term store of value. However, he agrees that Bitcoin’s major success stems from the actions of central banks by printing a lot of money and causing inflation. Steve Forbes was sharing his thoughts via his YouTube channel named “What’s Ahead.”

Steve Forbes is the son of Malcolm Forbes who was the publisher of the Forbes magazine, founded by his father B. C. Forbes. As such, Steve grew up in a well-off family and now runs the magazine. Steve Forbes is not an economist, so his beliefs are just personal opinions not backed by any professional analysis.

Too Volatile

In Steve’s opinion, Bitcoin’s volatility makes it not suitable for long-term wealth holding. In that sense, Steve thinks the top coin is not the right choice of an asset to maintain family wealth.

Indeed, Bitcoin’s price has seen quite a few ups and downs over the years, but a look at the larger projections reveal that the crypto has always been increasing in value.

Advertisement &  & 

Bitcoin’s current value is way higher than it was 5 years ago. In fact, Bitcoin’s rise in value has made some people billionaires. A case in point is the Winklevoss twins.

BTC’s Supply Limit Hinders Its Future Growth

Steve went on to argue that one of the huge obstacles preventing Bitcoin from becoming a good store of value is its supply limit.

BTC’s supply limit is capped at just 21 million coins. On the other hand, Gold’s global supply increases at a rate of 2% every year.

However, Steve didn’t mention that, just like Bitcoin, Gold’s supply in the world isn’t really as infinite as usually claimed. At one point, its supply will diminish as well.

Steve Forbes wasn’t entirely dismissive of Bitcoin as a store of value. He agrees that the crypto could iron out its quandaries and come out on top at some point in the future, “but that day is not yet here.” Bitcoin could very well evolve into the new Gold.


Get Daily Crypto News On Facebook | Twitter | Telegram | Instagram


DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/steve-forbes-thinks-bitcoin-is-yet-to-qualify-as-a-store-of-value-roots-for-gold/

Continue Reading

News

Grayscale: Ethereum Is Getting More Attention Beyond The Software Developers’ Realm

Grayscale: Ethereum Is Getting More Attention Beyond The Software Developers’ Realm

For years, Ethereum has largely been viewed as a platform for software programs to showcase their prowess in developing dApps for the blockchain industry. Not much attention was paid to the crypto’s price especially before the bull run of late 2017. Now, Grayscale says that Ethereum is garnering more attention even as Bitcoin graces the […]

Avatar

Published

on

Grayscale: Ethereum Is Getting More Attention Beyond The Software Developers’ Realm

Advertisement &  & 

For years, Ethereum has largely been viewed as a platform for software programs to showcase their prowess in developing dApps for the blockchain industry. Not much attention was paid to the crypto’s price especially before the bull run of late 2017. Now, Grayscale says that Ethereum is garnering more attention even as Bitcoin graces the spotlight for its recent price gains.

Grayscale Investments LLC is a crypto investments fund managing crypto assets for customers. It mainly focuses on Bitcoin and Ethereum investments. According to Grayscale’s managing director, Michael Sonnenshein, Ethereum is getting more attention despite the fact that Bitcoin has long been the favored investment option for investors. Notably, Ethereum is the most active blockchain network in the industry.

Growing Conviction

While expressing his views during an interview, Michael pointed out that the crypto industry is currently seeing new investors who have a particular fixation on Ethereum. A lot of these investors either take ETH as the first investment option or go all-in with it as their only crypto investment. This is a sign that people are now beginning to look at Ethereum just like Bitcoin maximalists have a basic attraction to BTC. This has accorded Ethereum stronger support as a viable asset class.

Also, the fact that the network was successful in getting users to pool enough currency to support an upgrade means that it still maintains a good and respectable status as a leader. A recent spike in DeFi has greatly contributed to this goal.

Bitcoin’s 170% Vs Ethereum’s 360%

Bitcoin is up 170% since the start of 2020, and that’s what has been causing a lot of buzz in the market. However, Ethereum has performed way better, having locked in a cool 360% gain since the beginning of the year. The rise of DeFi platforms running on the Ethereum blockchain has powered this hike.

Advertisement &  & 

The crypto space has been known to be volatile, and that explains why ETH is currently trading at around $595, a figure less than the $937 high of February 2018. Still, the fact that the network has remained one of the top in the industry means that its power is comparable to that of Bitcoin. As Michael puts it, ”Ethereum has along the same lines of the staying power than Bitcoin has.”


Get Daily Crypto News On Facebook | Twitter | Telegram | Instagram


DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/grayscale-ethereum-is-getting-more-attention-beyond-the-software-developers-realm/

Continue Reading
AudioStream1 day ago

Plato HeadlineStream

1 day ago

Ripple has sold $15M of its stock in MoneyGram

Blockchain4 days ago

Greenheart Punt World Debut on DigiFinex

Blockchain4 days ago

6 Reasons it’s Worth Taking the Risk of Investing in Cryptocurrency

Blockchain2 days ago

Tokenization of Classic Cars: Revival of a hidden gem for financial asset diversification?

Blockchain4 days ago

Ethereum Prices Return to $620 Resistance on ETH 2.0 Launch Day

Blockchain2 days ago

First equity tokens generated according to the Liechtenstein Token Act by Amazing Blocks

News1 day ago

Bitcoin No More A Bubble Says Brian Brooks

Blockchain5 days ago

Canaan Sees Over 75% Decline in Net Revenue in Q3 as Bitcoin’s Price Surge

Blockchain4 days ago

Ethereum 2.0 receives Binance’s staking support

2 days ago

Visa Partners With Circle to Integrate USDC for Payments

1 day ago

Bitcoin Breaks 2017 ATH But Gets Rejected: The Crypto Weekly Market Update

Blockchain4 days ago

Yearn Announces Two More DeFi Mergers

Blockchain3 days ago

Chainlink, Dash, VeChain Price Analysis: 02 December

2 days ago

5 Reasons Why Crypto Casinos are Becoming More Popular

Blockchain2 days ago

Amazing Blocks attended the European Blockchain Convention

Blockchain2 days ago

Amazing Blocks joins startup and innovation hub TechQuartier

1 day ago

3 Principles for Blockchain Investing

1 day ago

Audio Streaming Mogul Spotify Considering Cryptocurrency Payments

Blockchain3 days ago

NativeCoin Returns to Exploring the Block

Blockchain3 days ago

Australian Crypto Exchange Accidentally Exposes Over 270,000 Customer Emails

News2 days ago

Larry Fink: Bitcoin Could Be Hurting Dollar-Based Assets

Blockchain2 days ago

First company ever founded in Liechtenstein without bank account but instead with Ether as initial non-cash contribution

News1 day ago

Is Bitcoin Having A Second Black Friday Sale?

News1 day ago

‘Every asset manager must understand Bitcoin’

1 day ago

India Reportedly Plans to Tax Crypto Investors As Bitcoin Price and Trading Activities Soar

Blockchain4 days ago

Mining City: A Blueprint for Success?

Blockchain4 days ago

Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger

Blockchain4 days ago

XRP Could Target a Move to $1.80 as Technical Strength Flourishes

Blockchain4 days ago

This Economic Model Predicts a $200,000+ Bitcoin Price by 2022

Trending