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B2Broker Expands Liquidity With the Introduction of 61 New Crypto CFD Pairs

LIMASSOL, Cyprus–(BUSINESS WIRE)–#Bitcoin—B2Broker, a liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, today announced that it is expanding its Crypto CFD liquidity offering with the introduction of 61 new pairs. B2Broker was the first liquidity provider to launch 39 Crypto CFD pairs with a leverage of 1:5 and is now in the enviable position of offering a total of 100 pairs.

The 61 new Crypto CFDs will add a whole new range of pairs including all major cryptocurrency to top most tradable national currencies; US Dollar (USD), Euro (EUR), Japanese Yen (JPY), Pound Sterling (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), New Zealand Dollar (NZD), Russian Ruble (RUB). B2Broker also provides the most tradable crypto cross pairs including BTC/XRP, and BTC/ETH. The new pairs will be an enhancement to B2Broker’s existing solution and reaffirms the company’s leading position in the market.

B2Broker is recognised as having been one of the first liquidity providers to provide CFD liquidity for institutional clients, offering the highest level of support available, with 24/7 trading for all 100 crypto pairs with 24/7 support in English, Russian, Chinese, Arabic and Spanish.

In addition to Crypto CFDs liquidity brokers receive forex, metals and many other CFD liquidity on the one single margin account. Deepest pool, tight spreads, ultra low latency connection, super fast execution and a wide range of trading products are all readily available for Forex Brokers, Crypto Brokers and Crypto Exchanges.

Brokers can connect to the liquidity service quickly and easily, with bridges offered as part of the package to clients operating MT5 and MT4 trading platforms. Clients even with large trade sizes can trade easily with filling of execution taking place in just milliseconds.

B2Broker CEO, Arthur Azizov commented, “We constantly seek to improve our liquidity service and are now in the admirable position of being able to offer an additional 61 Crypto CFD pairs. B2Broker can provide liquidity through all major bridge providers including OneZero Liquidity Hub, PrimeXM xCore and AMTS Solutions, MT4/MT5 White Labels as well as different types of API including FIX API.”

Please contact B2Broker to enhance your brokerage services with the industry’s best liquidity.

Contacts

Rosemary Barnes

Head of PR & Marketing

email: [email protected]
Tel: 00357 25582192

Business Wire , 2019-12-04 13:12:20 ,

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NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.


While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock


Nick Chong , 2019-11-10 12:00:38

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