Here’s 2 ways clever pro traders spot crypto and stock price reversals
Many successful traders look for double bottom and W bottom reversal patterns on technical charts in order to spot powerful price reversals. Go to Source Powered by WPeMatico
Cryptocurrencies
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PayPal increases crypto purchase limits to $100K
The company said the move was aimed at giving customers “more choice and flexibility” to purchase crypto. Go to Source Powered by WPeMatico
3 altcoins showing signs of accumulation while Bitcoin price is down
DeFi and NFT-related tokens like GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48-hours. Go to Source Powered by WPeMatico
Rep Tom Emmer introduces bill to provide certainty for digital assets
The Security Clarity Act seeks to lessen regulatory burdens for blockchain-based technology. Go to Source Powered by WPeMatico
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Go to Source Powered by WPeMatico
US government delves deeper into crypto accountability with $10M bounty
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments. Go to Source Powered by WPeMatico
Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency status. Fed Chair Powell Thinks Cryptocurrencies … Read more
Italian finance regulator issues warning on Binance crypto exchange
Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country. Go to Source Powered by WPeMatico
Softbank leads $800M investment for banking app Revolut
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm’s CFO suggested that it was unlikely. Go to Source Powered by WPeMatico
Busta Rhymes Talks Cryptocurrencies, Rappers Asks Fans if He Should ‘Buy In’
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto The American rapper, songwriter, record producer, and actor, Busta … Read more