An automated trading platform can help users identify and execute cryptocurrency trades with less manual effort. It can be difficult for traders to find the time necessary to spend in front of graphs as they attempt to determine the right time to buy and sell. As a result, many have found that they have lost …
Continue reading “The differences in trading in a bullish and bearish market, explained”
It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result. Five months ago, China caused a considerable but not unsurprising stir by doubling down on its hostile environment policy toward cryptocurrency. Bitcoiners to China: Thanks for the ban Just like every “ban” before it, …
Continue reading “BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining”
Crypto analyst and trader Michaël van de Poppe is plotting the potential path ahead for smart contract platforms Ethereum and Solana, as well as internet-scale blockchain Elrond. In a new strategy session, Van de Poppe tells his 135,000 YouTube subscribers that he expects Ethereum (ETH) to respect its immediate resistance at $3,900 one more time …
Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Letitia James. Attorney General James directed two unnamed crypto lending companies to cease operations On Oct. 18, citing failure to register the business in New York and performing unlawful activities. Crypto lender Nexo is revealed …
Continue reading “Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’”
A “favorite” Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows. As noted by podcast host Preston Pysh on Oct. 18, the Long-Term & Short-Term Holder Realized Price Ratio (LTHSTH-RPR) looks primed to print a bull flag. Chart hints at return of the bulls It may …
Bakkt ($BKKT), an institutional and retail-facing digital asset platform founded by Intercontinental Exchange, has suffered a drawdown of -6.4% after closing a volatile first day of trading as a publicly listed company. After launching on the New York Stock Exchange (NYSE) at $9.45 on the morning of Oct. 18, BKKT rose by roughly 3.3% up …
Continue reading “Bakkt sheds more than 6% on first day of public trading”
Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be disbursed through community governance. Wood …
Continue reading “Polkadot unveils $770M development fund ahead of parachain auctions”
The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free profits through arbitrage. On Oct. 19, Chivo’s Twitter account announced that wallet users will not be able to see the reference price provided for trades executed using the price freeze feature — …
The world’s most popular decentralized exchange, Uniswap, is seeing layer two volumes surge as Ethereum transaction fees surge once again. On Oct. 19, Uniswap founder Hayden Adams tweeted that daily volume across v3 deployments of the decentralized exchange on layer-two networks has pushed into record levels. Adams estimated that Uniswap v3 processed an unprecedented $115 …
Continue reading “Arbitrum extends lead over Optimism as Uniswap posts record volume on L2”
Commentators are predicting that a second futures-based Bitcoin exchange-traded fund (ETF) will go live by the end of the week following the launch of ProShares’ Bitcoin Strategy ETF later today. On Oct. 19, Bloomberg’s analyst Eric Balchunas predicted that Valkyrie’s Bitcoin (BTC) futures-based ETF is “likely” to launch in the coming days after being certified …
Continue reading “Analysts predict Valkyrie will launch Bitcoin Futures ETF this week”
Starting Today, Monday October 18, transfer ARPA, AUCTION and PERP into your Coinbase Pro account ahead of trading. Support for ARPA, AUCTION and PERP will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page is an Ethereum token that powers Bounce, a decentralized auction protocol for token and …
Bitcoin traders have found a way to use the recently launch Chivo App, the countries own BTC wallet, by El Salvador’s government to make a profit. As part of their BTC Law, this app operates with the second layer payment solution lightning network. Related Reading | Bitcoin Price Smashes Record For Highest Weekly Candle Close Ever …
Continue reading “El Salvador Disables Bitcoin Price On Chivo App To Stop Scalpers”
Cardano has now lost its spot at the 3rd place on the crypto top 10 as its price had refused to move in accordance with the broader crypto market. While other altcoins had rallied alongside bitcoin, ADA had remained mostly stagnant. Despite the hype created around the project when smart contracts capability was launched last …
Continue reading “Cardano Loses 3rd Spot On Crypto Top 10, Why It May Drop Even More”
After closing its best highest week since its inception, the bulls remain in control of the price of Bitcoin. At press time, BTC’s price trade at $61,386 with a 3.8% profit in the daily and a 12.3% profit in the weekly chart. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview In the crypto …
Continue reading “The On-Chain Metric That Says Bitcoin Is About To Go “Parabolic””
One of Venezuela’s major international airports is making preparations to start accepting Bitcoin as a mode of payment. The Simón Bolívar International Airport has announced arrangements for BTC, DASH, and Venezuela’s oil-pegged crypto token – petro – for airport services. Preparations To Adopt Cryptocurrency As Payment Previously, Venezuelan regional news broadcasting company, El Siglo, reported …
Continue reading “Venezuelan Airport To Accept Payment In Bitcoin”
