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  10. Visit - https://t.me/freebitmexsignals Free bitMEX cross signals Binance Spot trading Bybit Coinpro Signals & bitMEX scalping trading BOT Over $600 million is now staked on the world’s most-used blockchain, just days after its ‘beacon chain’ launched. A million ETH have found their way to the smart contracts of Ethereum 2.0, four days after the protocol successfully launched its beacon chain, as per on-chain explorer service Etherscan. The amount is currently worth over $600 million and would reward stakers in the future when other phases are launched and the staked amounts open up for withdrawals. However, the annual yields on these staked funds remain unspecified as of today The locked up ETH is part of Ethereum’s multiphase move towards a proof-of-stake protocol, away from its current proof-of-work design. Such a shift would allow Ethereum to become a faster, low fee, and more scalable blockchain. The much-awaited staking launch was initially met by a poor response, with only 50,000 ETH coming in the first week and 3,200 ETH of that coming from Ethereum’s creator, Vitalik Buterin, himself. But the Ethereum army piled on in the last few days before the December 1 deadline, pushing the deposits over the minimum required 524,000 ETH. This did, however, require some help from whales: Celsius Network, a lending protocol, claimed to fork up 25,000 ETH towards the Ethereum 2.0 cause, along with other large token holders and crypto funds. As of today, the staked funds are 116% higher than the network required, as per on-chain analytics firm Dune Analytics. The amount consists of a total of 3,028 depositors, who staked a minimum of 32 ETH each (although the presence of pooling services like Stakefish may mean the number of depositors was higher).
  11. Visit - https://t.me/freebitmexsignals Free bitMEX cross signals Binance Spot trading Bybit Coinpro Signals & bitMEX scalping trading BOT Crypto exchange bitFlyer has also seen a threefold increase in the number of new registrations—amid the growing prices. Cryptocurrency exchange bitFlyer has reported a spike in trading volume and new registrations during Bitcoin’s recent rally. bitFlyer is one of the cryptocurrency industry’s largest exchanges, licensed in Japan, Europe and the United States. As the price of Bitcoin continued to increase into unchartered territory earlier this week, bitFlyer’s increasing numbers indicates a revival of interest in the crypto market. According to Coinhills data from December 2, 2020, and shared by bitFlyer, the crypto exchange sees 151,000 Bitcoin ($2.9 billion) in daily trading volume. During the month of November, bitFlyer achieved its highest trading volume of the year, which amounted to approximately $77 billion globally. According to the exchange, most of this trading volume “flowed to Bitcoin markets.” One reason why bitFlyer may have enjoyed this success now is the fact it now has an established presence in the United States, which has played a significant role in Bitcoin’s recent bull run. Speaking about Bitcoin’s recent all-time high, bitFlyer USA COO Joel Edgerton said, “During the all-time high at the end of 2017, the price of Bitcoin reached over $19,700 led by retail investors in Asia, particularly in Japan. This time around, it is led by the US with a noticeable contribution from institutional investors.” These institutional investments—made by companies like MicroStrategy and Square—have led to Bitcoin being perceived as a more reliable long term asset, and being described as better than gold on several occasions. Once the all-time high was reached this week, the crypto community was optimistic this was just the beginning of new, unchartered territory for the cryptocurrency. And many new traders are flying in to join them.
  12. Visit - https://t.me/freebitmexsignals Free Bitmex Bybit Bot copied all signals in Account & Signals on Telegram The appointment comes as BitMEX’s founders face charges in US courts Alexander Höptner, the former executive of Germany’s second-largest stock exchange, Börse Stuttgart, has been appointed by venture firm 100x Group to lead its various products and investments, as per an announcement. He will join in January 2021. The group operates crypto derivatives exchange BitMEX, whose three founding members—Arthur Hayes, Samuel Reed, and Ben Delo—stepped down in October after facing multiple charges in the US. “Crypto is a very quickly developing market,” said Höptner in an interview with financial publication Bloomberg, adding that growing adoption, institutional interest, and regulatory changes to accommodate the burgeoning crypto industry made the sector interesting for “a classical exchange guy” like him. But despite the humble comments, Höptner’s not new to cryptocurrencies. He previously headed Börse Stuttgart’s digital asset trading effort “BISON” and even oversaw the addition of several Bitcoin exchange-traded funds to the bourse during his time. Höptner replaces 100x interim CEO Vivien Khoo and is reportedly set to take office in Singapore, as per Bloomberg. Meanwhile, Höptner’s appointment comes at a critical time as well: BitMEX has seen falling volumes and overall negative sentiment in crypto circles since last month, but new leadership could help change that. As per data from analytics website CoinGecko, BitMEX volumes fell to as low as $675 million in mid-October, a stark decline from the billions of dollars of volume traded on the exchange daily. However, they have since recovered and saw a four-month high volume of $6.2 billion last week. But with Bitcoin and the crypto market picking up and proponents calling for a bull run in 2021, BitMEX is likely looking at the silver lining.
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