Bitcoin Futures Fakeout: The Price Divergence That Predicts A Phony

This week, Bitcoin traders braced for a breakout as an important technical buy signal triggered and BTCUSD shot up over $30,000 temporarily. They came up short-handed, however, as the market took an immediate turn back down. Interestingly, the fakeout could have possibly been predicted by a divergence between two BTCUSD price charts. Why Price Patterns And Technical Signals Can Fail […]

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FTX debtors and UCC clash over asset control in restructuring

FTX debtors, led by CEO and chief restructuring officer John J. Ray III, have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to gain authority over assets. They believe the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term Treasurys is a bad idea amid the FTX […]

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NFT restart: when to expect a market recovery

February was the most successful month for the NFT market. Professional traders perked up and started making more trades. Does this mean the market is recovering or is it a temporary thaw. What do the experts think about it? Alex Skorik, CMO of Bluelight The trading volume of NFTs exceeded $2 billion in February 2023, marking the highest sales figure […]

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Ripple News: Gemini Relists XRP, Triggering 200K Active Addresses Surge – Coinpedia Fintech News

Crypto exchanges are piling in to relist Ripple’s tokens XRP on their platforms following a U.S. federal court ruling that digital tokens can’t be considered investments, and when sold through crypto exchanges. Gemini Relists XRP Following Ripple’s Court Victory Recently, the prominent crypto exchange Gemini has relisted XRP, Ripple’s affiliated token into its trading platform. This news was recently shared […]

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India proposes AI-powered conversational payments system: RBI

The Reserve Bank of India (RBI), the country’s central bank, has published a press release that floated the idea of using artificial intelligence (AI) on conversational payments in the unified payments interface (UPI), which is an instant payment system developed in India.  On Aug. 10, the RBI recognized that UPI has transformed digital payments in India, citing its ease of […]

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Why The Aptos-Microsoft Deal Is A Reason To Short APT

Aptos (APT) has scored a major deal with tech giant Microsoft yesterday. However, the announcement of a “partnership” between Aptos Labs and tech giant Microsoft has raised eyebrows and ignited debates across the crypto community if this is just smoke and mirrors. With the APT token witnessing a surge of nearly 20% following the news, and a significant token unlock […]

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