Face of Leverage Trading in Centralized Exchange | Tamil | DinuUd

Face of Leverage Trading in Centralized Exchange | Tamil | DinuUd Previous Video https://www.youtube.com/watch?v=IGAhC85wx2Y The price of Bitcoin (BTC) and Ethereum’s Ether (ETH) plunged by 13% and 21%, respectively, within minutes on Aug. 2. The move liquidated more than $1 billion worth of futures contracts as BTC/USD dropped from around $12,000 to as low as $10,550. At this time, Bitcoin is at a critical level. If it holds above $11,000 for a week or so, we can expect further appreciation. However, it will only be around $15K that we can expect actual retail #FOMO and the possibility of a parabolic advance. China’s market dominance to continue? It seems unlikely that China will lose any of its current dominance — in terms of hash rate — at least for the next few months due to the ongoing wet season in Sichuan. Although the United States, and especially Texas, has been seeing a large growth in its existing mining infrastructure, Heller does not expect the same speed and ease of growth that has been achieved in China. However, once the hydro season ends, some miners will move from China to the U.S., Kazakhstan and the Middle East where electricity prices are cheaper. However, Ditar Bekbauov, founder of mining power marketplace Xive, added that recently, an increasing number of traditional investors are beginning to enter the mining domain via countries like the U.S., Canada, Russia and #Kazakhstan. Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market. The biggest cryptocurrency by market value fell from $11,969 to $10,659 in 10 minutes to 04:45 UTC, having reached an 11-month high of $12,118 at 04:00 UTC, according to CoinDesk’s Bitcoin Price Index. The sudden price drop has liquidated nearly $1.4 billion worth of positions across major exchanges, as noted by derivatives data provider Bybt. The price drop triggered $144 million worth of sell liquidations or forced closure of long positions on BitMEX, the highest since May 10, according to data source Skew. The Seychelles-based exchange also registered buy liquidations or forced closure of short positions worth $7.6 million. Within the previous 24 hours, at least 72,422 positions were liquidated, with the largest, that of $10 million, occurring on BitMEX. Nearly 95% of BitMEX liquidations were long positions - a sign the leverage was skewed to the bullish side If you are interested to Buy & Sell Bitcoin and Altcoins like Ethereum, Litecoin, Ripple, etc,... kindly use the link below to register. Buy/Sell Bitcoin and Altcoins Using INR : Coindcx : https://bit.ly/36eWnwg Binance: https://bit.ly/39NMTud Okex : https://bit.ly/2Lee46W Wazirx: https://bit.ly/3bMZZse Kucoin: https://ift.tt/33lDU3q Title of Our Playlist: One World One Currency: https://bit.ly/36h9IG7 thebitcoinraja - Cryptocurrency: https://bit.ly/3eYXXId #LeverageTrading #bitcoin #blockchain #altcoins #CryptoShot #digitaldollar #digitalcurrency #dinuud #thebitcoinraja DinuUd Channel Cover all the topics like politics, cinema, sports, trends topics and technology. Shortly we have plan to redesign the channel to help other YouTubers and Upcoming people into Digital World. We @thebitcoinraja making way for the common people to get into and become one in the #cryptocurrency world, and provide guidance and consulting. you’re always welcome to post any queries related to cryptocurrencies we will help you out with an answer to mark your as solved one Need help or just want to know about cryptocurrency? Join the telegram group : https://t.me/DinuUd Follow Us : FaceBook : https://ift.tt/2D6KoqQ Twitter : https://twitter.com/thebitcoinraja Twitter : https://twitter.com/dinuud Disclaimer: I am not professional financial adviser, here i m doing my investment and sharing the experience. I will not be responsible for any loss/gain from that Business. Do Not Invest which you are not willing to lose. Credits: https://ift.tt/2alQVjr https://ift.tt/1kITr2E

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