Younger generations, whether they be Millennials or Gen Z, are changing how we work and since American health insurance has been tied to traditional employment since the 1940s, how will the system adapt? First, the dissatisfaction with the status quo of current healthcare is becoming more and more apparent and the problems are really starting to grind the gears of many of the working class. Millennials are dissatisfied with the wait time for appointments, the inconvenient availability, and the poor work efficiency. Work flexibility in particular is very important to younger generations and because of this, many are changing how The post The Future of Health Insurance appeared first on The Merkle Hash.
An internet website promises to create bitcoins by paying only for the miner: it's a scam The post The bitcoin (BTC) generator scam appeared first on The Cryptonomist.
Bitcoin (BTC) fails to defend the 200 day moving average. This is a major development with serious implications. If we take a look at the daily chart for BTC/USD, we can see that the parabolic uptrend began when Bitcoin (BTC) first shot up above the 200 day moving average. In September, the price finally declined below the 200 day moving average but it shot back above it the next month. Now it has once again declined below it. BTC/USD has now closed below the 200 day moving average for the past few days and it does not seem to be in a position to rally past it any time soon. The longer it remains below the 200 day moving average, the higher the odds of a sharp decline from current levels. If we were trading in an ideal market, then this would be a point to go short. However, we are not trading even under normal market conditions because this is one highly manipulated market. We saw another case of manipulation just yesterday when more than 40 million shorts were liquidated in a matter of seconds in a manipulated move that was similar to the 43% pump. This desperation should tell you what is really going on and why the market makers and whales are fighting tooth and nail not to let traders short the market at this point because that would be very profitable for the traders and the casinos do not want to be handing big payouts. Regardless of any short term manipulation, it is now obvious that a major move to the downside is only a matter of time and we could certainly expect the price to decline to $4,500 in the weeks and months ahead. The decline in BTC/USD in inevitable and we are likely to see it nosedive from current levels sooner or later. However, it is very important to pay attention to changing outlook of the EUR/USD forex pair because it has been known to influence what happens in the cryptocurrency market. We have seen the pair decline below the 200 MA on the 4H time frame which was a bearish development. However, now we are seeing a move towards the 200 MA to test it and potentially break it to test the 38.2% fib retracement level again. While the EUR/USD forex pair and BTC/USD are both primed for a sharp decline, it does not mean that this decline has to happen immediately. Trading is all about being patient and staying focused on the big picture without being concerned by any short term noise. RSI and the Stochastic RSI for EUR/USD on the 4H time frame indicate that there is plenty of room for further upside. If this pair starts to move up, we can see a short lived uptrend in BTC/USD as well but we need to remain focused on the big picture and any move to the upside would be better considered as an opportunity to sell and not buy at this point.
The Merkle: Next-generation Cryptocurrency Trading Platform Crix Speeds up Registration with Yoti KYC
Crix offers traders algorithmic trading with super-fast registration using Yoti London, UK, 11 November 2019 – Today Crix, a next-generation cryptocurrency exchange offering algorithmic trading, institutional connectivity to buy and sell bitcoin, ethereum, litecoin, bitcoincash, stellar and ripple has selected Yoti to streamline its KYC and sign up process. Yoti, the digital identity app with over 5m downloads, will deliver identity verification, know-your-customer (KYC) and anti-money laundering (AML) checks, enhancing compliance and giving individuals a simple, private and secure way of proving their identity. Yoti will provide Crix: Instant and 100% accurate KYC and AML (PEPs and Sanctions) checks Streamlined and The post Next-generation Cryptocurrency Trading Platform Crix Speeds up Registration with Yoti KYC appeared first on The Merkle Hash.
Cryptocurrency transactions are irreversible. Before you get greedy about the crypto world, know these 4 critical things about the…Continue reading on ALTCOIN MAGAZINE »
The Dow Jones Industrial Average opens sharply lower on Monday. Peter Navarro, President Trump’s assistant, argues forcefully against the idea that a tariff rollback is being eyed as part of a partial trade deal with China. A planned meeting between President Trump and Xi Jinping of China could be pushed back to December, according to […] The post Dow Plunges at the Open Following Navarro’s Tariff Bombshell appeared first on CCN.com
Amazon had an underwhelming Q3 earnings report, which sent the stock tumbling. Nevertheless, Wall Street put Amazon on top of the most loved S&P 500 companies. Jeff Bezos employs a strategy that pays off in the long run for investors. Amazon’s (NASDAQ:AMZN) third-quarter performance was far from stellar. The e-commerce giant reported Q3 earnings per […] The post Amazon (AMZN) Is the Most Loved S&P 500 Stock on Wall Street Despite Earnings Miss appeared first on CCN.com
Bitcoin has a clear problem with it’s whale population Some believe that a whale extinction needs to occur to fix the markets Can the whales actually be stopped? Before we begin, let’s first remind ourselves of exactly what a Bitcoin whale is. According to Investopedia: “A bitcoin whale is term in the cryptocurrency world used to refer to individuals or entities that hold large amounts of bitcoin. From the point of view of blockchain and its core decentralized feature, bitcoin whales cause concern, as the situation could lead to a small number of people having controlling power over the cryptocurrency. Bitcoin whales could also have a disproportionate impact on prices, fueling speculation that some of BTC's recent wild price swings were due to price manipulation by the whales.” The premise is that a whale holds such a large amount of Bitcoin, their movements and transactions can cause issues within the markets as a result of manipulation. This could be tactical too which means in theory, whales can work together to crash the markets for their own personal gain. So, how do we get rid of them? We aren’t going to advocate actually killing off whales, that would be horrendous, however the market could benefit from seeing a sort of whale extinction. In order to see an extinction, what we need to do is ensure that the supply of Bitcoin continues to spread and grow. The only way to do this is to allow more people to start investing in Bitcoin. Now, to do this we need to get the price up to encourage the whales to sell off. When this happens, prices fall and suddenly it all seems pretty pointless, doesn’t it? However, during those prices falls and market downtimes, Bitcoin becomes more available and thus over time, more people start to buy in and the spread of Bitcoin eventually expands allowing the currency to become more evenly distributed. It’s a very simple theory, but in practice it makes sense doesn’t it? As Bitcoin becomes more popular, tokens will be better distributed and will be more decentralised meaning that in the long run, the whale influence should eventually die off. A whale extinction could be great for the markets. Yes, we’re a while off yet, but over time this could become a far more realistic prospect, one that will benefit the entire industry in the future.
A big move for the adoption of Ethereum technology Standard Chartered joins blockchain group Positive movements for blockchain and crypto adoption Standard Chartered are known as one of the biggest banking firms in the world. They operate on an international scale so therefore, their mention within the cryptocurrency headlines should be seen as a very big deal. According to new reports, Standard Chartered have signed an agreement that sees them join the Ethereum Enterprise Alliance as a banking member. The Ethereum Enterprise Alliance or the EEA is a partnership of companies that work, within the Ethereum network to explore new developments within blockchain technology that can be applied on an industry level to firms within the financial sector. Such firms include Standard Chartered. Dr. Michael Gorriz, the group chief information officer has passed some comment on the move, according to sources, he’s said: “Technology enables us to facilitate trade and investment across our footprint markets, improving client experiences and offering new services. We are excited to be a part of the EEA and look forward to opportunities where we can collaborate with other leading industry players to deepen blockchain research and application in the banking sector.” There are a few important considerations to make here, having such a large banking group involved within blockchain research and exploration means that the future of blockchain adoption by large financial firms certainly looks bright indeed. The key way to look at this is to consider the amount of money and power Standard Chartered can put behind the EEA efforts to craft and create new blockchain resources that will eventually change the way we all bank as retail customers. Ok, we can’t expect a Standard Chartered led Ethereum based cryptocurrency to be created as a result of this, but we can expect that in the future, some Standard Chartered led technologies will become the norm across industrial markets, that’s the aim at least. Other firms involved in EEA operations include Hyperledger and even Microsoft. With this announcement, Standard Chartered become another piece in the puzzle, a piece that is going to ensure the continued growth and dominance of blockchain technologies and cryptocurrency on a global industrial scale.
Pompliano comments on the first digital currency of the North African state The post Tunisia launches E-Dinar coin: the Great Currency Race begins appeared first on The Cryptonomist.