If you have already been a crypto enthusiast for some years, you should have noticed that crypto goes through predictable cycles. One of the best ways to look at the crypto cycles is to check the historical data of BTCUSD. You can see the BTC monthly chart below. You can see that dips have always […]
According to a statement provided to Reuters, giant cryptocurrency exchange Huobi Global has reaffirmed its intention to fire 20% of its staff amid the current “bear market,” continuing a long-standing history of layoffs due to market volatility. Speaking on the matter to the press, a Huobi spokesperson said: “The planned layoff ratio is about 20%,” adding: […]
If you had stayed abreast with the recent crash of the crypto exchange – FTX, you might have heard the term above. However, one may like to inquire what this term means. To assist in dissecting this term, we looked at the benefits of self-custody by making use of the Personal Key Wallet via a […]
Mazars has suspended all operations with crypto clients, including Binance, the world’s largest crypto exchange. Recently, the cryptocurrency industry has been under intense scrutiny as a result of the crises with the previously notable crypto exchanges FTX and FTX.US. According to a Bloomberg article, Mazar’s website currently has broken links that prevent access to earlier […]
Following the Hong Kong Security and Futures Commission (SFC) establishing an application opportunity for willing Exchange Traded Funds (ETFs) providers, CSOP expressed its keen interest in providing Ethereum ETFs for traders. The SFC recently granted the CSOP’s application final approval. On December 16, this year, the Bitcoin and Ethereum Futures ETFs will finally be listed […]
To reassure customers that the assets housed on the platform are backed at a 1:1 ratio, Crypto.com, a prominent Singapore-based worldwide centralized exchange, has publicly posted its Proof of Reserves. The new “Proof of Reserves” revelation from Crypto.com comes at a time when investor comfort is required in the wake of the FTX meltdown. The […]
A legal framework that will permit the creation of a Russian cryptocurrency exchange in Moscow is being developed by members of the State Duma, the lower chamber of the Russian parliament. According to reliable sources cited by the main Russian business daily Vedomosti, the MPs have been discussing the plan with sector representatives since mid-November. […]
Need a few reliable trading strategies? Read on for the five best scalping strategies used in crypto markets. What Is the Best Scalping Strategy for Crypto?Scalping strategies can be highly effective for short-term, incremental trading. They are ideal counters to the high volatility of cryptocurrency markets, and traders who use these strategies can minimize their […]
Bloomberg reported Wednesday that the Japan Virtual and Crypto Assets Exchange Association (JVCEA) intends to relax cryptocurrency listing restrictions to make it simpler for trading platforms to trade cryptocurrencies, citing a private document. The organization intends to waive its long vetting process for crypto assets that are not new to the Japanese market before allowing […]
