Key Facts Of The Day 21.11.2018

Huobi Launches Stock Exchange for Crypto Derivatives

Huobi Global an­nounced launch­ing a beta ver­sion of the cryp­tocur­rency de­riv­a­tives trad­ing plat­form. The new tool, Huobi DM al­lows its users to per­form op­er­a­tions with short and long po­si­tions to gen­er­ate in­come from the in­creas­ing volatil­ity of prices for bit­coin and alt­coins.

Weekly, fort­nightly, and quar­terly con­tracts are avail­able on the plat­form. At the mo­ment, the plat­form has al­ready begun to serve the first op­er­a­tions with de­riv­a­tives for bit­coin, se­cured by Amer­i­can dol­lars. For the time being, the mar­ket­place will con­duct all set­tle­ments under such con­tracts only in the first cryp­tocur­rency. In nom­i­nal terms, the cost of one de­riv­a­tive for bit­coin will be $100, for all other con­tracts it is set at $10. Huobi DM of­fers a lever­age of 5x, 10x or 20x.

Dr.Doom, Roubini Calls for CBDCs to Destroy Crypto

One of the most re­spected global fi­nance ex­perts in the world, an Amer­i­can pro­fes­sor Nouriel Roubini who teach­es eco­nom­ics at the Stern School of Busi­ness at New York Uni­ver­sity called on Cen­tral Banks to re­lease their own cen­tral­ized cryp­tocur­rency (CBDC).

This call might sound un­typ­i­cal for Roubini, who de­spite being an ex­pert on the global econ­omy, in­ter­na­tional fi­nan­cial mar­kets, asset and credit bub­bles, and their bust, as well as the per­son who has pre­dicted the Global Fi­nan­cial Cri­sis of 2007-2009, is bet­ter known as the Dr. Doom in the crypto com­mu­nity. The nick­name was coined be­cause of the con­stant trolling and crit­i­ciz­ing of crypto and blockchain tech­nol­ogy.

Top-10 Future Strategic IoT Solutions Identified by Gartner

One of the world’s lead­ing re­search and ad­vi­sory firms, Gart­ner high­lighted at the Gart­ner Sym­po­sium/ITxpo 2018 that took place early in No­vem­ber in Barcelona, Spain, the top-10 strate­gic IoT (in­ter­net of things) tech­nolo­gies which will cre­ate al­ter­na­tive busi­ness mod­els.

“The IoT will con­tinue to de­liver new op­por­tu­ni­ties for dig­i­tal busi­ness in­no­va­tion for the next decade, many of which will be en­abled by new or im­proved tech­nolo­gies...CIOs who mas­ter in­no­v­a­tive IoT trends have the op­por­tu­nity to lead dig­i­tal in­no­va­tion in their busi­ness,” says Nick Jones, Gart­ner Re­search VP.

What Else:

A video has surfaced where min­ers are dis­man­tling a large min­ing farm. The tweet is ac­com­pa­nied by pho­tos of Chi­nese min­ers who stop par­tic­i­pat­ing in F2Pool.

Famous whistleblower Ed­ward Snow­den wrote an ar­ti­cle for the book called "The End of Trust" ex­plaining how blockchain and cryp­tocur­rency work and shared his opin­ion about blockchain and its in­flu­ence on our so­ci­ety.

The Span­ish Fi­nance Min­istry will check 15,000 tax­pay­ers who con­ducted cryp­tocur­rency trans­ac­tions last year.

Ital­ian se­cu­ri­ties mar­ket reg­u­la­tor, CON­SOB sus­pended the ac­tiv­i­ties of three crypto-re­lated com­pa­nies pro­vid­ing unau­tho­rized in­vest­ment ser­vices.

At 19:20 (GMT) total cryptocurrency market capitalization stands at $146.0 billion

Nexo (+17.90%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $18.99 (-5.56 billion per day) 18.99

Mining Profitability

Click here for the list of ongoing ICOs and rating. Also, subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.