3 ways traders use moving averages to read market momentum
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset. Go to Source Powered by WPeMatico
Cryptocurrencies
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Worst UK bank for dealing with scams issues crypto scam alert
NatWest issued a crypto scam warning to mobile banking users after reportedly receiving a record number of complaints in Q1. Go to Source Powered by WPeMatico
1inch integrates with Mercuryo, enabling fiat onramp to DeFi
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway. Go to Source Powered by WPeMatico
Andreessen Horowitz leads $40M investment round into crypto-trading platform
Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission. Go to Source Powered by WPeMatico
US SEC wants to work with Congress to regulate crypto exchanges
SEC head Gary Gensler said that the authority spends only $325 million a year on tech, which is less than some industry players spend in two weeks. Go to Source Powered by WPeMatico
Lack of knowledge is main barrier to crypto adoption, new survey says
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies. Go to Source Powered by WPeMatico
Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. Go to Source Powered by WPeMatico
Altcoins soar while Bitcoin and Ethereum price stall near key levels
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. Go to Source Powered by WPeMatico
PayPal users will be able to withdraw crypto to external wallets
Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform. Go to Source Powered by WPeMatico
Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance
The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets the OSC’s jurisdiction because the trading platform operates trading accounts for Ontario residents, the OSC’s breach and conduct report notes. OSC Says Poloniex Failed to … Read more