Instantly Get a 100% BTC Bonus to Trade Bitcoin Futures on Bexplus

Hong-Kong-based crypto-derivatives platform Bexplus is offering a 100% bonus on any BTC deposit above 0.0002BTC for new users. 

But, don’t sign up before reading this content.

After a minor correction in the past few days, Bitcoin looks back on track to set a new all-time high. The crypto market in general has gone wild, hitting a $1 trillion market cap for the first time.

Bitcoin’s high volatility makes a comeback and presents more opportunities for traders to make profits. Taking advantage of the price swings and leverage offered by brokers, trading can easily generate 100% or even 1000% ROI. 

To help traders earn more cryptocurrencies, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion for all new traders. Any deposit to the platform will be matched by up to the same amount, and users can use the extra cash to open new trades and generate more profit.

How Does Leveraged Trading Work?

It’s simple! Assume you use 1 BTC to open a long contract when Bitcoin is trading at $10,000. Note that you can use 1 BTC to open a contract worth 10 BTC and with 100x leverage, 1 BTC can open a contract worth 100 BTC, 

One day later, the price of Bitcoin increase to $10,500.The profit will be ($10,500 – $10,000) * 100 BTC/$10,500 *100% = 4.76 BTC, making the ROI 476%.

Now, with Bexplus’ 100% bonus, your initial investment would be 2 BTC, and our realized profit made with these 2 BTC will be 9.52 BTC, and the ROI will also be doubled to 952%.

Why choose Bexplus?

Bexplus is a leading crypto derivatives platform offering 100x leverage in BTC, ETH, EOS, LTC, and XRP futures contracts. Headquartered in Hong Kong, Bexplus is trusted by over 100K traders around the world, including the USA, Japan, Korea, and Iran.

No KYC, no deposit fee, traders can receive the most attentive services, including 24/7 customer support. 

No KYC protocol is strictly carried out throughout every process. Registration only requires email confirmation and only takes a minute.  Bexplus provides services to traders from 30+ countries, including the USA, Japan, Korea, and Iran. 

To help traders better familiarize themselves with leveraged trading, Bexplus has launched the trading simulator. There are 10 replenishable BTC in the demo account for traders to practice as much as they like, without taking any risks. You can also learn to analyze the market and use the tool-kit with the demo account.

  • 24/7 withdrawal and 24/7 customer support

You can submit a withdrawal request anytime you want. You can have your deposits back in as fast as 30 minutes during work hours. If you encounter any problems when using Bexplus, you can contact customer support via different channels, such as e-mail and live chat.

  • BTC wallet: up to 30% annualized interest without any risks

If you want to take a short break from trading or can’t trade, the Bexplus BTC wallet can help you generate juicy profit without taking any risks. With up to 30% annualized interest, it is no doubt one of the most profitable rates in the industry. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting from 0.05 BTC on Bexplus.

What can I do with the bonus?

Traders can use it as a margin to open bigger positions and take more profits. Profits made with the bonus are withdrawable. Besides, with a bigger margin, traders’ positions are less likely to get liquidated when there are huge price swings. 

You might miss the opportunity to buy cheap Bitcoin, but you still can make handsome profits with the revival of Bitcoin. If you are prepared to accumulate more BTC, Create a Bexplus account, and claim your bonus now!

Happy trading!

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Dash bulls aiming for a breakout to $140

Dash (DASH) is likely to break above $120 in the next few sessions to see bulls target a fresh upside towards $140

Dash (DASH) has traded higher over the past three days and could record a fourth consecutive green candle to boost the bulls’ case for more gains. This comes after selling pressure saw bears push prices from a 7-day high of $134 to lows of $94 this past week.

Bulls were able to reclaim control over the weekend and have pushed higher, although seller congestion around $110 has somewhat stalled progress during early sessions this Monday.


The short-term technical outlook for Dash suggests bulls have the upper hand as long as the price stays above $105. The price level offers a solid support zone, with a nearby cushion above it at the 50-SMA ($106). Below it there’s a month-long ascending trendline that has prevented sellers from taking DASH/USD under $100 for the past four days.

DASH/USD daily chart. Source: TradingView

Further optimism for buyers is supported by the golden crossover of the 20 over 50 simple moving average on the daily chart. The 20-SMA curve is extending higher and widening the gap over the 50-SMA to suggest the uptrend is strengthening.

Currently, there’s overhead resistance provided by a previous horizontal line at $113, above which increased buying could push DASH price to the 20-SMA ($117). Above this price level, bulls face strong resistance at $120, which is just above the 0.618 Fibonacci retracement level ($119.59) of the downswing from $159 high to $94 low.

If bulls succeed in breaking above and sustaining momentum above $120, the next hurdle is at $127 (0.5 Fib level) and $134 (0.382 Fibonacci level).

DASH/USD hourly chart. Source: TradingView

On the hourly chart, DASH/USD looks to have invalidated a potential head-and-shoulders pattern with a neckline around $104.

If prices move higher, bulls could break past the upper trendline of an ascending triangle pattern with a barrier at $110. From here, legitimate targets are at $113 and $120, which are likely to be the main hurdles to the upside to $140.

The positive divergence of the RSI suggests bulls have the upper hand at the moment.

On the contrary, a downward move could see DASH/USD retreat to the 20-SMA ($106) and 50-SMA ($107) on the hourly chart. Any losses beyond this could take Dash price to the robust support zone around $105. Recent lows of $94 provide further attraction to shorts near term.

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Indian Central Bank Mulls Use of Central Bank Digital Currency For Payments ⋆ ZyCrypto




After many years of indifference, the Reserve Bank of India (RBI) is now considering the use of a digital fiat currency for the payment sector in the country, a recent report says. This is coming on the backdrop of the increasing popularity of cryptocurrencies globally.

Many mainstream organizations that hitherto despised Bitcoin and other cryptocurrencies now yearn for investments in digital assets. There is currently over $3 billion worth of Bitcoin on corporate balance sheets and more of them are being acquired daily. This has raised a lot of concern among governments of many countries just like India.

The country’s central bank has been exploring the use of a central digital currency since last year, looking at how its use can be made possible.

“Private digital currencies (PDCs) / virtual currencies (VCs) / cryptocurrencies (CCs) have gained popularity in recent years. In India, the regulators and governments have been skeptical about these currencies and are apprehensive about the associated risks. Nevertheless, RBI is exploring the possibility as to whether there is a need for a digital version of fiat currency and in case there is, then how to operationalize it,” a report from the bank in 2020 states.

The RBI is notorious for its stance against cryptocurrencies which led it to ban any transactions that involve cryptocurrencies. The Supreme court however reversed the ban and the cryptocurrency industry has since bounced back, supported by industry giants such as Coinbase, Binance, and major Bitcoin investor and venture capitalist Tim Draper.




With the high rate of growth, the Indian government may have deemed it necessary to embrace digital payments rather than fighting it and is exploring ways to use a central bank digital currency to retain control. Already, the bank is soon to launch a Digital Payment Index (DPI) to monitor the level of payment digitization in the country, probably to decide if the time is right for it to launch a central digital currency for the industry.

If it goes through with the plan, India will be one of the countries exploring this option, but not the first. China is at an advanced stage with the development of its own CBDC known as DCEP. The digital Yuan has gone through many trials with a bigger one coming soon which will include many major cities like Beijing and Shanghai for the wider testing.

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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.

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BuyUcoin Hacked, 325K Users’ Data Leaked!

Malicious hack exposes BuyUcoin crypto exchange sensitive data related to financial, banking, and KYC details of 325K users on the dark web. Indo-Asian News Service (IANS) took to Twitter to announce the data breach. Indian crypto exchange, BuyUcoin crypto exchange, with its headquarter based in Noida, which has a user base of 3,50,000 users and enabled $500 million worth of transactions, has fallen prey to massive data attacks.

Media reports suggest that sensitive data include email ids, contact details, usernames and passwords, wallet details, transaction details, banking related data, PAN numbers, and passport details, including deposit information. A business insider reportedly stated that hackers now have access to a 6GB file of MongoDB database that has crucial files related to the users’ account details.

According to media reports, Israel-based cybersecurity firm Kela Research and Strategy successfully tracked the data trails. It reported that it got access to BuyUcoin users’ data as well as the other stolen data of five different companies that were previously hacked. It is speculated that the menacing ShinyHunters group is behind this data breach, which has been active since last year.

The infamous hack of the Photograph platform Pixlr was reportedly carried out by the same hackers. Recently, many cryptocurrency players have succumbed to hack, giants like Binance too weren’t spared. Interestingly, the recent trend suggests that hackers have restored to demand ransom in exchange for not hacking the data. Unfortunately, BuyUcoin received no such demand leaving many users furious as they have not yet received any official statement from the exchange.

According to KELA’s intelligence analyst Victoria Kivilevich, the data now stands exposed to criminals who can use it for scams to access the admin privileges. On the other hand, BuyUcoin defended itself as it announced that the hack never took place and that user data is safe and secured. And further reportedly mentioned that it is still in the investigative stage and examining reports about the hackers. It further stressed that 95% of user data is now held in cold storage to prevent any security breach in the future.

Media reports state that many BuyUcoin’s users have taken to Twitter to express their concern over the security breach and worried if their data will be misused or worse if they are scammed. BuyUcoin was quick to replace the controversial statement made by its CEO Shivam Thakral and stated that it is carrying thorough research about the security breach of foreign entities operating since last year.

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Soulja Boy Buys Bitcoin, Tries To Buy XRP, Reveals Altcoin Holdings to 5 Million Followers

Soulja Boy is getting acquainted with the crypto markets and catching up on what’s happening with XRP.

The rapper sent a tweet out to his five million followers over the weekend, asking where he can buy the fifth-largest cryptocurrency by market cap.

The tweet quickly went viral, with a deluge of responses informing him that Ripple is facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) that accuses the San Francisco company of selling XRP as an illegal security.

Last month, Soulja Boy said he’s a big fan of Dogecoin (DOGE).

“Yo Dogecoin Army, it’s going down man. Make sure y’all tap in for Dogecoin.

It’s gonna be the crypto of the future. Dogecoin is the people’s coin. Let’s go. It’s your boy, Soulja Boy.”

As for the altcoin market, he says he’s now the proud owner of Binance Coin (BNB), DigiByte (DGB), Tron (TRX), Klever (KLV), ZelaaPayAE (ZPAE) and Firdaos (FDO).

Souja Boy also bought the flagship crypto Bitcoin, but is more interested in finding the next big thing.

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MicroStrategy Buys $10 Million Bitcoin – Trustnodes

MicroStrategy bought the dip, with the publicly traded US company just announcing today:

“On January 22, 2021, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin, inclusive of fees and expenses.

As of January 22, 2021, the Company holds approximately 70,784 bitcoins that were acquired at an aggregate purchase price of $1.135 billion and an average purchase price of approximately $16,035 per bitcoin, inclusive of fees and expenses.”

Michael Saylor, MicroStrategy’s founder, has a vision of diversifying their profits fiat holdings into bitcoin.

Publicly traded companies hold trillions in reserves, just like many hold funds in a savings accounts. The mass dollar devaluation means they’re all losing money.

So to hedge, MicroStrategy has bought bitcoin, opening a debate on whether other companies should follow.

Old media says no of course, citing bitcoin’s volatility. That’s why there should be some sort of distinction between on demand treasury reservers and more long term holdings.

The latter should be diversified according to numerous studies who have concluded bitcoin does not correlate with any asset.

They have also found it can act as a hedge with some studying concluding portfolios that include bitcoin increase risk adjusted returns.

Many treasurers therefore are probably looking at their assets wondering whether it is smart to put it all on one dollar basket, especially as the dollar is expected to keep on falling in value which can be really felt by companies that engage in international trade, like Apple which is paid in devaluing dollars by US consumers but pays their employees in China in strengthening Yuan.

Something bitcoin can potentially fix because it is a globally traded asset, with global fiat fluctuations usually reflected in its price.

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100,000 Bitcoin Options Contracts Set to Expire – Trustnodes

“29JAN, the monster expiry, will be the biggest expiry Deribit has seen to date!”

So said the bitcoin and ethereum derivatives trading platform, further adding:

“A whopping ~100,000 bitcoin contracts will expire, with a notional value of $3.1 billion.”

Deribit options for Jan 29 expiry

The trading platform has seen surging volumes this month as traders utilize options more and more.

Apparently most were quite bullish, with call interest pretty high at $52,000, that means these traders were betting for the right to trade BTC at $52,000.

As it happens, the crypto is currently trading at $32,000, meaning they’re at quite a bit of a loss, but fairing a bit better than the ones that bet for $72,000.

Deribit options platform, Jan 2021
Deribit options platform, Jan 2021

The above looks a bit like Chinese to most people unfamiliar with options, but you can buy the contract if you think it will reach a certain strike price level, or you can sell it if you think it won’t depending on whether there is someone willing to buy your sell.

At $8,000 for example there’s hardly much activity, but there is quite a bit at $36,000 and some are daring even $44,000.

In practice this works a bit like margins but instead of having your whole stack at risk, you risk only the option you put down, presuming you’re not the one offering the option.

The simple example is a house. You put down a deposit of say $10,000 for the option to buy it at $200,000, but you don’t have to buy it.

If the house price doubles from $200,000 to $400,000, you just made $200,000 from just $10,000. If it falls instead, you just lost $10,000.

Making options quite attractive especially as part of a trading strategy, with Deribit being the most liquid because they were the first.

They came to some general attention just in 2019, with it now two years later announcing this $3.1 billion expiry.

The effect of that on the spot price remains to be seen. Many may be using this as a cheap hedge, especially considering their peak volumes were on January 11 when bitcoin’s price fell considerably from $38,000 to $30,000.

One could have easily therefore gone short on spot, and taken the long call option just in case the market moves against them.

If they win on spot, they lose just the fraction put down in the option call. If they get short squeezed instead, they have the option cutting their losses.

The expiry therefore can potentially be bullish as now presumably they’ll have to buy coins if they want to play again.

But how it will work out remains to be seen as the public starts learning and accessing these wizz tools that bankers have been using against us for decades.

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Adds 310 BTC ($10M) to its Treasury Reserve

Business intelligence company, MicroStrategy announced today that it has acquired an additional $10 million worth of Bitcoin (BTC), bringing the company’s total bitcoin holdings to approximately 70,784 bitcoins.

The latest purchase was done at an average price of approximately $31,808 per bitcoin, suggesting that the company took advantage of the recent dip in BTC prices to increase its exposure.

Combined with data on, MicroStrategy has now spent $1.135 billion on its BTC purchasing spree that started in August. Going by the current market price, MicroStrategy’s Bitcoin haul is worth appr. $2.278 billion, representing an over 100% increase on their cost basis.

In October, MicroStrategy CEO Michael Saylor also disclosed that he personally holds 17,732 BTC acquired at an average price of $9,882.

Bitcoin Rebounds From Below $30,000

After a stellar start to the year, a round of profit-taking and negative media reports has caused the price of Bitcoin to dip in the last few days. In the last 24 hours, BTC dipped to as low as $28,790 on Coinbase, before bouncing on a strong support line.

BTC (24-hour) chart

At the time of writing, Bitcoin bulls are pushing hard on the path to recovery, buying the cryptocurrency back up to a price of $32,580 and above a $600 billion market cap. A break back above $35,000 would signal a full recovery, and that that the short-term sell-off has found its bottom.

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Ethereum’s Upgrade Runs Into an Obstacle as Some Miners Try To Stop It

Source: Adobe/J5M

The long-awaited Ethereum (ETH) improvement proposal (EIP) 1559 has run into its adversaries as a number of Ethereum miners banded together to prevent its implementation. It’s not yet clear, however, where the two of the largest pools stand on this issue. (Updated at 14:21 UTC with a comment from Chun Wang, co-founder and administrator of F2Pool).

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Nine mostly smaller mining pools have joined the “STOPEIP1559” movement. There is a giant among them though, as they are joined by one of the three largest pools, Ethermine, by itself accounting for nearly 21% of the network’s hash power. Together, the nine’s power amounts to 28.1% in the past week.

Bitfly, the operator of Ethermine, tweeted that “Ethermine is against adopting EIP-1559 in its current state because we believe that Ethereum’s future may be at risk.”

On the other side, the website lists eleven pools, including the other two of the largest pools, Spark Pool and F2Pool – the latter two together accounting for some 36% of the network’s hash power over the past week, per Etherscan.

However, the ‘againsts’ are seemingly louder than the ‘fors.’ Save for a somewhat ambiguous tweet by Chun Wang, co-founder and administrator of F2Pool, there doesn’t seem to be any official announcements from either F2Pool or Spark Pool.

Wang confirmed to that, as he mentioned in his tweet earlier, “We support EIP 1559.” He added that he’ll “speak at ETHDenver on this topic next month and will share with the community more details over the next few weeks.”

What’s more, there are some contradictory comments online, reportedly coming from Spark Pool, one of them suggesting that this major pool is actually against the proposal. Their Twitter comments may imply so as well. If that’s the case, Ethermine and Spark Pool would together account for some 45% of hash power.

We contacted Spark Pool for comment.

The move to block the proposal comes after minor mining pool Flexpool announced earlier this month that they stand against the proposal, given that it would mean paying miners “significantly less for the same work,” that large mining pools control 51% of the network and can implement changes without the consent of miners, and that fees would be destroyed instead of paid to miners, they said.

Flexpool mined 11 blocks and ETH 28 in December, and has accounted for 0.04% of the hash power in the last seven days. Though tiny, it’s urging miners to stop supporting the pools which they say have the power to control the network, and stand against the EIP.

Ethereum's Upgrade Runs Into an Obstacle as Some Miners Try To Stop It 102
7-day moving average. Source:

EIP-1559 is expected to bring automatic setting of fees and token burn mechanism for each transaction and an improved fee market – and it has been, generally speaking, highly anticipated within the ETH and the wider crypto communities.

This EIP is meant to help alleviate an issue that’s been troubling the network for a long time, exasperated by the growth of decentralized finance (DeFi): major congestion and high transaction fees. But it also prevents miners benefiting from unrestricted transaction fees. Per the current system, the senders who select to pay higher fees will draw the attention of miners and be dealt with sooner, while lower-fees one will be pushed down the list to wait their turn.

Meanwhile, Ethereum developer Micah Zoltu stated that “any censorship attack by miners against the interest of users will almost certainly result in the core developers taking very aggressive action against miners,” most likely resulting in the developers rushing to launch the proof-of-stake consensus mechanism, “which would completely remove all miners/mining from Ethereum.” He argued that, if the miner of the block received the base fee, there would effectively be no change with EIP-1559.

Developer Alex Stokes argued that not only should EIP-1559 not harm the viability of mining as a profession, but that “the upgrade strengthens ETH the asset which is a clear boon for miners.” ConsenSys Senior Product Manager Tim Beiko also went on to provide detailed explanations of user experience, economic and security benefits that he says come with the implementation of this EIP.

Meanwhile, Tim Roughgarden, an American computer scientist and a Professor of Computer Science at Columbia University, argued that “no transaction fee mechanism, EIP-1559 or otherwise, is likely to substantially decrease average transaction fees; persistently high transaction fees is a scalability problem, not a mechanism design problem.”

As reported, in August 2020, Anthony Sassano, SetProtocol product marketing manager, said that EIP 1559 could arrive by mid-2021. At the time, two clients were already running in a private testnet.

Per, Ethereum average transaction fee (7-day moving average) was USD 7.3 on January 21, down from USD 10 seen earlier this month. The price of ETH is USD 1,172 at 9:51 UTC Friday morning. It’s down 7.3% in a day and 4.4% in a week.
Learn more:
What’s in Store for Ethereum in 2021?
Ethereum In ATH Territory Against USD, But Far from ATH Against Bitcoin
Ethereum is Still an Unfinished Product, Says Bitcoin Investor Lyn Alden

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Croatia’s Regulator Warns About Scammers Selling “Digital Yuan” Online – – Daily Cryptocurrency and FX News

The numbers of crypto fraudsters have increased in recent times, as Bitcoin continues with its bull run. Recent reports have revealed that online fraudsters are now deceiving people by offering to sell China’s proposed cryptocurrency that hasn’t even hit the market year.

China’s CBDC project called the digital yuan has gained momentum, both in terms of awareness in the market and awareness of online crypto criminals.

Hanfa, Croatia’s financial regulator, has made some revelations about the activities of these online fraudsters. The watchdog disclosed a Facebook page known as “Yuan Pay Group”, which claims it is affiliated with the Chinese government and advertise transactions in the Chinese digital yuan.

Digital yuan still under development

The fraudulent scheme asks people to send cash to purchase fake digital yuan tokens and promises them huge returns.

The Chinese-backed digital yuan is not yet out, even though it has been under development for over five years. However, the Chinese government recently completed series of trials on the CBDC. Presently, the government is rolling out the token on major e-commerce platforms in China.

The Chinese financial authorities are still carrying out some test projects on the digital yuan, with no specific date set for the full unveiling of the real digital asset.

The Chinese CBDC has no monetary value attached to it yet, but the online criminals are taking advantage of the recent boom in the cryptocurrency industry to corn their victims.

The scammers are claiming that if the users invest in the coin in its early stage, it will yield a fortune for them in a little time when the coin has become very popular in the market.

But it’s a simple strategy to deceive them and take their funds away.

Regulators warn seriously on cryptocurrency scam

Financial regulators have been seriously warning about the present rate of crypto scams online. The Hanfa has also warned that the fake digital yuan ad makes use of false endorsements from celebrities who they say are supporting the crypto investment scheme.

There were fake testimonies of some celebrities, as well as images of Peter Thiel and Richard Branson to convince victims to exchange their fiat currencies for the fake digital yuan.

Regulators have described the scams as one of the most prolific scams the internet has ever seen. As a result, Hanfa is warning crypto holders and users to results the temptation of paying heed to any new investment scheme that promises unusually high returns.

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