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“# How traders can use Twitter to anticipate altcoin price moves ” When crypto traders win big, they often take to Twitter to share the joy. They tend to do the same for sharing painful stories of getting wrecked, discussing promising new assets, or sharing insight and predictions on which projects can become the next…
“# USDC issuer Circle supports proposal to regulate stablecoin issuers as banks ” Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesn’t frighten the CEO of the USDC-issuer Circle. Commenting on the Biden administration’s proposal to work on…
“# Two firms account for the majority of Tether received: Report ” Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry’s primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between traditional currencies like the U.S. dollar and decentralized digital currencies operating on…
“# Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats ” Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC: Consolidation becomes down move Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions…
“# OMG price crashes by one third after BOBA airdrop snapshot ” The price of OMG Network (OMG) has plunged 33% from a daily high of $19.35 down to around $13 immediately after completion of the snapshot for an airdrop from the Boba Network. The snapshot of all wallets holding OMG tokens on the Ethereum…
“# Vectorspace AI (VXV) flies under the radar to new highs as big data becomes the ‘new’ oil ” “I’m in it for the tech,” is a phrase commonly used in the cryptocurrency ecosystem by many who want to express a deeper motivation for being involved with blockchain technology beyond the significant gains that are…
“# Ascending channel pattern and Ethereum options data back traders’ $5K ETH target ” Ether (ETH) bulls seem excited by the recent $4,870 all-time high that was hit on Nov. 10. While it was a new high in U.S. dollar terms, ETH is still 51% below June 2017’s price in Bitcoin (BTC) terms. But it’s…
“# Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America ” One under the radar cryptocurrency-powered payment app that’s been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to the…
“# How to spot a rug pull in DeFi, 6 tips by Cointelegraph ” In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls — One of the most widespread types of crypto scams. Booming growth coupled with a lack of…
“# Here’s why Bitcoin losing $6K in hours was good for BTC price action ” Bitcoin (BTC) traded just below $65,000 on Nov. 11 after an overnight correction cancelled out previous snap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “No free lunch” for speculators Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering after…