Price Systemically Pushes High – March 27It’s been a while that the ETH/USD market activities, featuring a slow-and-steady moving manner, give no reliable reversal for short-position takers to count on. It is still on the crypto-economic book of records that price systemically pushes high between $3,169 and $3,135 at a minute positive percentage of 0.19. …
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Macro expert Raoul Pal says he’s diving into investments that he describes as “utter insanity” because they are part of the next big trend. Writing in a new blog post, the former Goldman Sachs executive says that he’s dipped his toes into the non-fungible token (NFT) market with his purchase of a Bored Ape. According …
Bitcoin (BTC) saw a fresh spike to near $45,000 overnight into March 27 as the weekend looked set to deliver a decisively bullish close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly close of key importance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding back to higher levels seen days previously after a rejection …
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Bitcoin Trades Marginally as Bitcoin Prepares for Breakout – March 27, 2022 For the past 48 hours, BTC/USD has been trading below the $45,000 overhead resistance as Bitcoin prepares for breakout. On March 25, buyers retested the overhead resistance but could breach the $45,000 high. BTC price retraced above the $44,000 support and resumed fluctuation …
The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU). As reported by Cointelegraph Brazil, the new pro-crypto tax laws will be implemented from 2023, which was announced by the …
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Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank Launching Crypto Trading Service Pepper Invest, the digital investment platform of Pepper by Leumi (TASE: LUMI), announced Friday …
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U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working on regulatory recommendations for healthy innovation. Treasury Secretary Yellen Sees Benefits …
Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks. Hailed as the next generation of the internet, Web3 will …
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Cybersecurity researchers at ESET have uncovered a mobile wallet app scam that targets Chinese users. According to the researchers, the scammers created fake iOS and Android digital wallet apps to redirect cryptocurrency funds. The bogus apps are designed to look genuine, making it easier for users to fall prey to the scam. The hackers made sure that …
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The Office of Science and Technology Policy (OSTP) has reached out to the public to get their opinion about the recent crypto executive order signed by President Joe Biden in the White House. Specifically, the OSTP wants to find out what the public thinks about the energy and climate implications relating to digital assets. The …
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The launch of Milkomeda, an EVM-compatible Layer 2, may set the stage for Cardano to reach a major interoperability milestone. The Milkomeda C1 mainnet is launching on March 28, and there are already high expectations for the protocol. Last month, Milkomeda rolled out a bridge testnet between Ethereum and Cardano. The launch will be possible …
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A popular analyst is advising caution to traders of two crypto assets while predicting rallies for a popular blockchain-based gaming ecosystem and an Ethereum competitor. Pseudonymous trader Altcoin Sherpa tells his 170,500 Twitter followers that he’s wary of the risk/reward ratio (R:R) for ApeCoin (APE), a new crypto asset that quickly surpassed $2 billion in …
Wash trading is when an investor sells and buys the same asset to inflate the value of security artificially. On the other hand, a front-running attack on a blockchain occurs when a malicious user discovers a swap transaction after it has been broadcasted but before it has been finalized and reorders transactions to their benefit. …
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NFTs are increasingly demonstrating their worth by assisting organizations in raising much-needed funding for the Ukrainian people. A note from the Editor — this is in an unpaid guest post by Tradeforukraine.com posted to support their initiative to raise funds for the Ukrainian people. Considering that the whole world is terrified by Ukraine’s ongoing war, new NFT …
In the last 18 months the police in Manchester, the home of the two of the most famous football teams in the world, have returned over $25 million to victims of a global crypto scam. As of the last report, not all the people who have come forward to request their funds back have been …
