Pro traders know it’s time to range trade when this classic pattern shows up
Traders analyze bearish and bullish rectangles to spot trend changes and range trade stocks and cryptocurrencies. Go to Source Powered by WPeMatico
Cryptocurrencies
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Analysts say this key metric suggests an altcoin season is at hand
A series of new all-time highs from altcoins and a drop in the Bitcoin dominance metric has many analysts convinced that an alt season has started. Go to Source Powered by WPeMatico
Team officially re-establishes Dogecoin Foundation after 6 years
Advisory board members for the foundation include Vitalik Buterin, Billy Markus, Max Keller, and Neuralink CEO Jared Birchall — representing Elon Musk’s interests. Go to Source Powered by WPeMatico
Strong fundamentals lure traders back to Audius, Raydium and Helium
New partnerships, exchange listings and network expansion are the primary factors pushing AUDIO, RAY and HNT price higher. Go to Source Powered by WPeMatico
US lawmakers urge CFTC and SEC to form joint working group on digital assets
The letter seems to be applying political pressure for the two government agencies to act on their own rather than waiting for a bill requiring the creation of such a group to become law. Go to Source Powered by WPeMatico
Solana Captures Fresh All-Time Highs, SOL Joins the Top Ten Crypto Assets by Market Cap
During the last few weeks, a crypto asset called solana has been making its way up the charts and has made it into the top ten cryptocurrencies by market capitalization. Solana reached an all-time price high on Monday, capturing $74 per unit and an 80% gain over the course of the week. In addition to … Read more
Major European music festival will allow fans to buy tickets using EGLD
“Blockchain technology has immense potential for large gatherings of digital natives who for a brief period of time become part of a hyperlocal economy,” said Beniamin Mincu. Go to Source Powered by WPeMatico
Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain Society Ghana) instead wants the central bank to emulate “financial projects that are … Read more
Thiel’s Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda’s valuation has shot up to $4.1 billion, three times its value during the crypto broker’s last private funding round in March. Go to Source Powered by WPeMatico
Analysts say $46,500 is the key level for Bitcoin to flip to support
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend. Go to Source Powered by WPeMatico