VORTECS™ Spotlight: Here’s why Telcoin’s (TEL) rebound eclipsed most altcoins
As Bitcoin price reversed course, a key trading indicator flashed bullish hours before TEL embarked on a sharp 82% rally. Go to Source Powered by WPeMatico
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Robinhood introduces feature aimed at protecting investors from crypto volatility
“We’ve been doing a lot of work behind the scenes to provide our crypto customers with the functionality that they’ve been asking for,” said Robinhood CEO Vlad Tenev. Go to Source Powered by WPeMatico
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted … Read more
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses? Go to Source Powered by WPeMatico
Binance Futures to limit leverage to 20x for existing users
New leverage limits on Binance Futures will soon apply to existing users with registered futures accounts of less than 30 days. Go to Source Powered by WPeMatico
This classic trading pattern signaled that Bitcoin price had hit a top
In technical analysis, traders interpret the head and shoulders formation as a strong sign that a trend reversal is in process. Go to Source Powered by WPeMatico
Powered by the people: 3 altcoins whose tweet volume spiked before a strong rally
In some cases, unusually high tweet volume can signal that an asset is about to soar, but traders should mind the context. Go to Source Powered by WPeMatico
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies. Bank of Russia Worried About Common Investors’ Exposure to Crypto Derivatives Russia’s central banking … Read more
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the IPO launches next week. Robinhood … Read more
Here’s how altcoin futures volumes and the USD lending rate signal market crashes
Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets before a crash. Go to Source Powered by WPeMatico