I love writing crypto currency algorithms, and I really appreciate your guys response on some of the previous work that I posted on here. To show my appreciation, I decided to let you guys choose the most useful tool trading / hodling algorithm for this community and I will do my best to code and…
Read more
submitted by /u/rohitsanyal [link] [comments]
Bitcoin is booming all over mainstream finance and throughout social media. Other cryptocurrencies are nearly as hot, and even meme stocks like GameStop, AMC, and others have brought retail into finance like never before. It also has uncovered some of the more unorthodox parts of finance, such as financial astrology. Financial astrology has been around for as long as markets have been trading, but has recently become popular through the likes of Twitter and TikTok influencers. But not everyone is hopping on the trend. We’ve had the opportunity to sit down and speak to a pro in astrology who spent more than two decades learning the craft. They’re a leader in the field of financial astrology and technical analysis market timing, and are here to explain how the innovative combo can be applied to Bitcoin, Ethereum, and other cryptocurrencies. Interview With Financial Astrologer, Technical Analyst Crypto Damus NewsBTC: Can you start with a short introduction with how you first became interested in financial astrology and how that journey began? Crypto Damus: I had noticed many correlations between markets and astrology over the years and read an article in The Mountain Astrologer about the financial astrologer Ray Merriman. I subscribed to his reports for a few years and became inspired to create my own forecast report specifically for Bitcoin and Crypto. What came first, an interest in astrology or finance? And where does Bitcoin and crypto come into the fold for you? I had already been involved in astrology for many years before getting specifically into financial astrology. I got interested in Bitcoin in 2017 and was curious to see if I could bring astrology techniques to predict Bitcoin price movement and started a free report in late 2017. We had some success early on and went to paid subscription in 2019. In 2019 we predicted the January market bottom in January and also the spring rally and June blow off top down to a ten day period months in advance, and also predicted the months long summer/fall downtrend that followed. We also predicted the March 2020 sell off, although not how severe it would be. Since then we have successfully called many major market tops and bottoms. But we have made mistakes too, Astro TA is pretty new and I continue to learn, improve and refine my techniques. What about Bitcoin do you believe in? I believe Bitcoin is part of several larger trends. First I believe Bitcoin is the first international world currency that transcends international borders and national currencies and central banks, this can help world commerce and bring people together and unify the world. Second, Bitcoin is part of the generational technological shift in global finance from material value like paper money and Gold into digital value. Third, Bitcoin and Crypto in general is clearly part of a larger generation shift in investing; clearly Crypto is the new stock market for millennials and one of the best performing assets in the world on a 5-7 timeframe. Bitcoin presents a generational investment opportunity. Obviously this is a lot further sweeping of a question, but what are some key points that cause you to believe so strongly in financial astrology and astrology in general? This is a longer discussion but generally I consider astrology to be a universal language that reveals the deeper nature of reality. The correlation of Astrology to world events and market movement are clear and compelling, the data we have is convincing and we think astrology adds another component to trading and investing that combined with other types of analysis, can give an edge. For example in Sept 2019 on Twitter and in my subscription reports I predicted and warned my followers of a major global crisis in 2020 and recommended Gold specifically, which did very well in 2020, unfortunately we were correct and knowledge is power, knowing what’s coming can help you prepare. I can’t tell you how many people have told me they thought astrology was BS until they started following my analysis ! When they see the astrology play out in market piece action the correlations are undeniable. Macro Economic: Why are astrologers so worried about the Saturn/ Pluto conjunction of 2020 ? Because the Saturn/Pluto cycle has correlated with major political, economic and cultural crisis. breakdown of existing structure and change. Important Saturn/ Pluto years were…. — Crypto Damus (@AstroCryptoGuru) August 21, 2019 How did you arrive at the Crypto Damus name? LOL, well it’s basically a play on the famous astrologer Nostradamus who was said to be able to accurately predict future world events. Nostradamus Why do you think there are some people so opposed to the idea that astrology can work? There are a variety of complex reasons but it’s basically a symptom of closed mindedness to something you don’t understand. I mean honestly there is no rational reason why astrology works, you have to have a bit more open mindedness to a more mystical perspective that all things are somehow interconnected.Today we live in such a scientific materialist paradigm where science and logic are highly valued and this creates a lot of closed minded attitudes to more mystical, intuitive arts like astrology. I mean I love science but it’s not the only tool in the box. Astrology is such a unique language that many don’t understand and haven’t taken the time to understand and there is no way to “prove” astrology works, so many people simply reject astrology without actually genuinely investigating it for themselves. It’s like listening to someone speak Chinese and thinking it’s a bunch of gibberish simply because you don’t personally understand it. Also I think there is a misconception that Astrologers believe the planets “cause” events to happen, in general we look at it more as a language and as a study of energy pattern recognition and analysis. I offer a range of astrology education to help change this! What are your thoughts on the rise of financial astrology influencers on Twitter and TikTok recently, ie: Maren? What impact are they having on the practice? Social media in general is an amplifier for both information and disinformation, but if it’s used skillfully it can be a great way to introduce people to astrology. I mean generally I think it’s positive because it gets people, especially a younger generation, interested in astrology. Millennials are very interested in astrology and also in Crypto, so it’s a natural fit. Also Crypto people seem to be inherently a bit more open minded in general and I think they are more open minded to astrology. Maren specifically is quite controversial for a variety of reasons (valid or not) and people either seem to love her or hate her. Maren kind of stormed into the Crypto world and got a lot of attention for the same work I had been doing for years, which was a bit annoying. On the other hand she brought a lot of interest to financial astrology and more interest in my work as well. Some people don’t like it because she does a lot of videos in lingerie or whatever but I think it’s different and unique. I’m friendly with her and I was on her Podcast in January, but I don’t actually follow her work closely. Overall if she is reaching a younger audience, bringing more genuine interest to astrology and helping people to understand astrology better, I think it’s a good thing. Trading Bitcoin And How Technical Analysis Works With Astrology How exactly do you leverage financial astrology within your own technical analysis? It’s quite complex, but basically we see astrology as another level of information that adds an edge to technical analysis and risk management. In one way you can say that astrological factors are simply another technical indicator that helps us understand the market price action and trend. Astrology can also help with timing and risk management, for example if you know a certain period is more or less favorable for trading you can add or reduce risk accordingly, it sometimes helps with when to close a trade, or take profits on a long term position. But like any technical signal it can give false signals too, so it;’s just one factor we look at. Has financial astrology ever predicted any correct market actions for you, and if so, can you provide some examples of that success? I think I already gave you two examples from 2019 and 2020, however we use it every day to help with swing trading as well as long term investing. I just recently accurately predicted the recent late July Bitcoin rebound rally to the day, based on Moon Phase data combined with technicals, and told our subscribers to add to long term positions and go long at 30600. We also use it to help assess ALT Coins and have recommended LINK for several years and recently recommended ADA and BNB TA infused with astrology is the Crypto Damus way | Source: BTCUSD on TradingView.com Bigger picture data form 1977, 2000 and 2008 indicates Stock Market rallies tend top out in the middle of Uranus- Saturn hard aspects followed by multi year down trends. We have a Uranus- Saturn square in 2021-22, so we think the bull market in stocks could continue well into 2022, but likely tops out somewhere before OCT 2022, probably because the FED will have to raise rates. Can you provide some examples of what – for example – Saturn conjunct with Mars might mean for Bitcoin? Mars and Saturn are considered unfavorable planets, so when they come into conjunction it’s generally considered “bad luck” and brings problems, conflicts, epidemics and market corrections. Of course Mars and Saturn can in some cases also be favorable depending on the aspect alignments. How do you combine conventional technical indicators with financial astrology to develop a working system? That is an ever evolving thing. Right now in short term trading we study the planetary aspect picture, the moon phase data, and transits and progressions in the Bitcoin natal chart and come up with a rough forecast picture for Bitcoin. I also use my own natal chart quite a bit. One of the mysteries of financial astrology is that your own natal chart will often provide the most accurate information and clues for your personal trades. I work with other trades to identify favorable and unfavorable period s for trading. Then we study support and resistance levels, use traditional technical indicators like RSI, MACD and Stochastics with daily and weekly moving averages, and set some technical criteria for entries, stop losses and profit targets. So the astrology gives us a bear or bull bias on monthly and weekly time frames, then we use price action and technicals to confirm or invalidate our bias and also to manage the actual trades. We give all this info in our Patreon group and Substack reports Is there truth to things like Mercury in Retrograde, for example? Yes, Mercury rules travel, technology and communication, so when it goes retrograde 3x a years for three weeks each time these areas of like become more prone to problems. Technology in general and cars and phones and laptops more specifically seem to have more problems, or problems that have been brewing have to be dealt with. Also travel is more prone to delays and interpersonal communication can break down. It’s general discouraged to sign any long term binding contracts at that time. Related Reading | Mercury in Retrograde: Why Bitcoin Traders Fear The Astrological Event But Mercury retro can also be good for certain things, like revising and editing, going through closets to de-clutter, returning to well worn places and visiting with old friend you haven;t seen. It;’s generally better for slowing down and re-thinking your approach rather than trying to push ahead too strongly or launch a big project, in this way astrology helps us be more in synch with the natural energy patterns of life. In financial astrology we often see whipsaw price action around Mercury retro and a change in market trend, we can often see problems, hacks and glitches at the major exchanges. How about the sun and moon cycles? How do these behaviors impact markets? Well, specifically in 2021 Bitcoin has made a remarkable correlation with Moon Phases. So far we have seen Bitcoin price trend down from the New Moon into the Full Moon, making seven market bottoms just before or on the past seven Full Moons within 1-3 days. And then rally strongly from the Full Moon into the New Moon, making 5/7 tops on the New Moon period. It’s not exact, but it’s close enough to give you a general ball park trend, and thus right now safer to trade long on the Full Moon and stay long into the New Moon and quickly flip short just before or on the New Moon. Now this correlation could change, but for now it’s been working. And how can everyday individuals use astrology to better other areas of their lives outside of the financial world? An astrology consultation from a professional astrologer can really provide profound insights into character and personality, career, relationships and money, it’s a powerful path for self knowledge. I give many consults to professional traders and investors looking for an edge. However astrology can be useful in many different areas of life such as medical astrology, geo location astrology and relationship astrology to name a few. Also following forecasts on general astrology can be very useful, as I mentioned, I and many other astrologers had predicted a major global crisis in 2020 ,and afterwards that the Pandemic would continue well into 2021, so this type of information can be helpful to know in advance. Specifically I predicted the Pandemic would improve May-July and worsen again in late July into late December, sadly appears to have been accurate so far. 1/ I closed my $BTC long this morning at 40k for 3rd win in a row, opened a small short Why ? Mars in Virgo opposing #BTC Venus today100 DMA and psychological level of 40k are tough resistance looking at 37400 or 35800 as possible support levels Stop at 40600 if I am wrong pic.twitter.com/uagjUBRZGH — Crypto Damus (@AstroCryptoGuru) July 29, 2021 Financial astrology dates back ages, and was highly popularized by W.D. Gann. Gann was equally considered a legend and a hoax due to the practices he claimed to rely on. What are your thoughts specifically on Gann? To be honest Gann was doing his own thing, with math and geometry and other techniques, he did use astrological techniques but he is not really considered a financial astrologer per se. I get this question a lot but I haven’t studied Gann and don’t use his techniques, so I cannot provide any specific insights on this question Are there any other worthy sources of financial astrology information? And how can the Bitcoinist audience learn more about what you offer? As I mentioned Ray Merriman from MMA cycles is one of the leading financial astrologers in the field and does coverage of Stocks and commodities. Grace Stahre and my teacher Christeen Skinner are some others. For me personally I have been the leader in the field for financial astrology specializing in Bitcoin and Cryptocurrecies. My Patreon group with 2-3x week updates for active traders can be located at https://www.patreon.com/CryptoDamus1 and all my info on subscription services, consults, education and tutorials is on my website at www.astrocryptoreeport.com. I can be contacted at astrocryptoreport@gmail.com. You can also follow on Twitter at @AstroCryptoGuru. Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
Amber Group, the leading crypto trading and technology firm, announced today it will be dedicating significant resources toward expanding its geographic reach across the globe to help support customers in over 140 different countries and regions. After reaching unicorn status with its latest $100 million fundraise, Amber Group boosted its pre-money valuation to $1 billion, 10x its previous Series A round. As one of Asia’s fastest-growing businesses, Amber Group is annualizing $500 million in revenues and has nearly tripled its team with 370 team members across the globe. Founded in 2017, Amber Group services both institutions and individual investors. With a presence in Hong Kong, Taipei, Seoul, and Vancouver, Amber Group is one of Asia’s foremost crypto finance service providers active in principal algorithmic trading, electronic market-making, high-frequency trading, OTC trading, borrowing and lending, derivatives, and other structured products. Earlier this year, Amber Group appointed partner, Annabelle Huang, to lead GlobalX Center, a strategic global expansion team established to grow the company’s institutional and retail product offerings in regions including South Korea, Japan, Hong Kong, Singapore, Taipei, North America, and more. “To build a truly global platform and serve a diversified user pool, we need dedicated efforts within different geographies to deliver customized and relevant products and services to our users,” said Annabelle Huang, partner at Amber Group. “We are setting up a new Global X Center initiative to focus solely on expanding our overseas user base through localized strategies and offerings. This is a top priority for our team this year.” Amber Group highlights opportunities that lie at the intersection of trading and financial technology. Active in the DeFi space as a liquidity provider and trader, the firm currently manages about $1.5 billion in AUM. In early Q3 2020, Amber Group launched their mobile app, ‘Amber App,’ to deliver an advanced suite of tools to assist users in achieving optimal investment returns on their investments. The launch has seen impressive user growth, with the number of registered users increasing four-fold since December 2020 to over 100,000. Amber App now supports nine languages including English, Simplified Chinese, Traditional Chinese, Korean, Spanish, Portuguese, Japanese, Turkish, and Russian. “We pride ourselves in being a truly global and diverse organization,” said Michael Wu, Co-Founder, and CEO of Amber Group. “It is important for us to work with clients across the US and UK markets because of the value they bring to the financial market. In order to meet client demand, our team will continue expanding global operations while developing market solutions for leading crypto investors and companies.” Focusing on crypto finance education has been key to reaching more users. Amber Group is collaborating with partners such as Contentos, a blockchain-based decentralized content ecosystem, and Platinum Academy, a financial education platform based in the UK. Amber Group is one of the world’s leading crypto finance service providers, operating 24/7 with a presence in Hong Kong, Taipei, Seoul, and Vancouver. To date, Amber Group has raised a total of $128 million in funding from China Renaissance Group, Tiger Global Management, DCM Ventures, Tiger Brokers, Sky9 Capital, Arena Holdings, Tru Arrow Partners, A&T Capital, Gobi Partners, Paradigm, Pantera Capital, Coinbase Ventures, Blockchain.com, Polychain Capital, Dragonfly Capital, and Fenbushi Capital. For more information, please visit: www.ambergroup.io
The U.S. Marshals Service, a primary law enforcement agency of the Department of Justice (DOJ), has hired a new custodian for its seized cryptocurrencies. The agency has seized and auctioned off over 185K bitcoins so far. The United States Marshals Service (USMS) has selected Anchorage Digital to provide custody for cryptocurrencies seized in criminal cases, […]
submitted by /u/trogdortb001 [link] [comments]
Payment’s solution company Ripple revealed the launch of a new corridor between Japan and the Philippines. This is the company’s first On-Demand Liquidity (ODL), a payment solution leveraging token XRP, in Japan. The corridor has been launched in collaboration with SBI Remit, one of the country’s most prominent money transfer provided, according to Ripple, and the leading mobile wallet for the Philippines, Coins.ph. The payment solution will connect the wallet with the digital exchange platform SBI VC Trade on RippleNet. Thus, people from these countries can use this Ripple payment channel to benefit from fast, low-cost, and cross-border money transactions. Consumers in Japan can eliminate the need for pre-funding transactions and cut their costs to send money from this country to the Philippines. Therefore, consumers and entities in Japan can access a tool to access capital with a fast and low-cost bridge between the countries and potentially drive the expansion of their payments business, Ripple added in a press release. Brad Garlinghouse, CEO at Ripple, celebrated the launch of the new corridor: Hugely excited about our newest ODL corridor — Japan is one of our largest markets. With regulatory clarity and innovative partners like SBI, the region is ready for a crypto-enabled future. General Manager of RippleNet at Ripple, Asheesh Birla, called this partnership a major milestone in what is the company’s “largest markets”. Birla added: We are excited to partner with forward looking companies like SBI that see the value in blockchain technology and to support them in preparing for a crypto-enabled future. Ripple To Improved Payment Rails Between Philippines and Japan The payment corridor and the expansion of the cooperation between SBI and Ripple seek to become an alternative in Japan. The country has one of the highest cross-border payment fees, according to data provided by the World Bank, with a 10.5% average cost of sending remittances. In contrast, it cost citizens in Canada, France, the United States, Italy, and others, around a 5.92% fee to send remittances. In addition, Japan is experiencing two potential long-term growth trends with the surge in cross-border e-commerce and the Filipino diaspora, Ripple claims. Further data provided by the payments company indicates that the Philippines sent over $1.8 billion in 2020 alone. Thus, they project a rise in the demand for cost-efficient, high-frequency, and cross-border payments. The Representative Director of SBI Remit, Nobuo Ando said: We see tremendous potential in leveraging blockchain technology to transform not only the way payment transactions are made but in how we manage our business by unlocking trapped capital. The launch of ODL in Japan is just the start, and we look forward to continuing to push into the next frontier of financial innovation (…). The payments solutions company recently published its Q2 XRP Markets report. Monica Long, General Manager of RippleX, claimed that this period saw “4 of the highest volume days for XRP ever recorded” with new liquidity and other products. At the time of writing, XRP trades at $0,70 with a 23% profit in the daily chart and a 13.1% profit in the past week. With many more use cases leveraging XRP, the token seems poised to increase its demand and adoption creating more potential catalyzers for future appreciation.
The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions.
submitted by /u/poojaranjan19 [link] [comments]