BTC capital rate down
BTC, usdt, ETH, BCH, LTC mean respectively:
1, BTC
bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, usdt
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency
EthEthereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether
4. BCH
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)
5, LTC
litecoin, abbreviated as LTC, currency symbol: & # 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
source of reference: network bitcoin
source of reference: network TEDA coin
source of reference: network Ethereum
source of reference: network bitcoin cash
source of reference: network letcoin
source of reference: Network
Bitcoin price accelerated to rise at the same time, there has been a more rapid decline in the callback
according to the price of coindesk on bitcoin news and information network, on January 11, the price of bitcoin fell to about US $30305, down 27.78% from the highest price of US $41962 in history. In other words, the price of bitcoin fell from $40000 to $30305 in just over a day. Before that, bitcoin took six days to rise from $30000 to $40000
from the macro-economic environment, Yu Jianing believes that the correction on January 11 can be regarded as a hedging measure taken by overseas mainstream investment institutions. He believes that one of the reasons for bitcoin's rise this year is the continued decline of the dollar index. At present, Biden's government is coming to power, "bad is good", the dollar may rebound, global commodity assets have a significant correction, and the digital asset market will adjust accordingly
in recent days, the US dollar index has risen significantly. As of press release, the US dollar index is about 90.49, down 0.06 from the previous day and up 1.16% from the closing price of 89.42 on January 6
he also pointed out that many bitcoin miners choose to sell at relatively high prices. According to cq.live, the miner's position index (MPI) has reached its highest level this year. The MPI index is higher than 2, which indicates that miners tend to sell bitcoin after mining; If MPI is negative, it indicates that they are optimistic about the short-term trend and choose to hoard bitcoin. At present, the value is about 5.26, indicating that the miners are selling bitcoin on the over-the-counter market or exchange. In addition, bytetree data also shows that in the past week, bitcoin miners g out 6894 bitcoins, but sold 10047 bitcoins, which means that the miners sold nearly 3153 bitcoins in stock
Yu Jianing mentioned that another reason for the decline is the website downtime of the largest compliance exchange in the United States, such as coinbase, after the market fluctuated violently, which delayed the trading of users, and many buying orders could not be traded normally, which also led to the bitcoin price on the website far lower than the market price, further aggravating the market panic
"e to the failure of the coinbase system, we could only sell but not hang up the bill yesterday, and the whole trading world order was destroyed." A coin circle employee also said
regulatory warning bitcoin volatility risk
it is worth noting that the recent ups and downs of bitcoin has also aroused the vigilance of regulatory authorities in various countries
On January 12, the New Zealand financial market authority (FMA) warned new Zealanders to invest in cryptocurrency prudently, according to the New Zealand Herald"new Zealanders who are considering buying cryptocurrencies such as bitcoin should realize that they are high-risk and highly volatile assets," a spokesman for the New Zealand Financial Markets Authority said. "Cryptocurrencies are not regulated in New Zealand and are often used by fraudsters and hackers."
According to the times on January 9, HSBC has decided to stop providing cryptocurrency trading services to customers in the UK, including prohibiting customers from depositing funds into HSBC from their digital wallets. At the same time, many other UK banks have banned customers from using credit cards to buy digital currencies such as bitcoin"the virtual currency represented by stable currency is facing more and more complicated compliance risks. As more and more economic activities migrate to the blockchain, the instry is facing great compliance pressure. The circulation of stable currencies such as usdt will grow explosively in 2020, reaching a record high. Behind this, part of the use demand comes from the normal transactions in compliance, but there are also black and gray demands for money laundering, illegal financing and other problems. In the future, the blockchain instry will face more and more compliance challenges. " Yu said
he pointed out that according to the report on anti money laundering of virtual currency released by peckshield in 2020, the value of unregulated outbound virtual currency reached US $17.5 billion in 2020, an increase of 51% compared with that in 2019, and it is still growing rapidly. The number of fraud cases involving virtual currency continued to rise to 151, an increase of 655% over 2019
Yu Jianing said: "since the second half of 2020, fraud, attack, extortion, gambling and other assets, as well as money laundering, run points and other gray assets, have begun to turn into virtual currency money laundering. The number of extortion cases has increased rapidly, and the situation of virtual currency anti money laundering is grim. In 2021, it is necessary for the blockchain and digital assets instry to adopt a more strict and prudent KYC (know your customer) review mechanism, More stringent anti money laundering standards will be implemented. "futures contract is an agreement that the buyer agrees to receive an asset at a specific price after a specified period of time, and the Seller agrees to deliver an asset at a specific price after a specified period of time
the price that both parties agree to use in future trading is called futures price. The specified date on which both parties must conct transactions in the future is called the settlement date or the delivery date. The assets agreed to be exchanged by both parties are called "subject matter"
If an investor takes a position in the market by buying a futures contract (i.e. agreeing to buy on a future date), it is called long position or long in futures. On the contrary, if the position an investor takes is to sell a futures contract (i.e. bear the contract responsibility to sell in the future), he is said to be short or short on the futures<
2. The origin of contract
futures contract refers to the standardized contract formulated by the futures exchange to deliver a certain quantity and quality of goods at a specific time and place in the future. It is the object of futures trading. The participants of futures trading transfer the price risk and obtain the risk return by trading futures contracts in futures exchanges
futures contract is developed on the basis of spot contract and spot forward contract, but the most essential difference between them is the standardization of futures contract terms. In the futures market, the quantity, quality grade and delivery grade of the subject matter, the premium standard of substitutes, delivery place and delivery month of the futures contract are standardized, which makes the futures contract universal
in the futures contract, only the futures price is the only variable, so the open bidding is generated in the trading
3. Contract classification
digital currency contract can be divided into delivery contract and perpetual contract
(1) delivery contract: futures delivery refers to the process in which the trading parties settle the e open position contract by transferring the ownership of the commodity contained in the futures contract when the futures contract expires
(2) perpetual contract: it is a kind of derivative similar to leveraged spot transaction, and it is a digital currency contract proct settled in BTC, usdt and other currencies. Investors can buy long to get the income of the rising price of digital currency, or sell short to get the income of the falling price of digital currency
there are some differences between perpetual contracts and traditional futures: they have no expiration time, so there is no limit on the holding time. In order to keep track of the underlying price index, the perpetual contract ensures that its price closely follows the price of the underlying asset through the mechanism of capital cost.
If the blockchain is really implemented, then a certain treasure of the third party will have no real significance. The characteristic of blockchain is decentralization, which enables participants to establish a trust system, and adopts distributed layout for bank bookkeeping