Markets

[PR – Panama City, Panama City, 12th December, 2022, Chainwire] Poloniex, a global crypto exchange, is thrilled to announce the launch of its cross margin mode for spot trading to further enhance users’ trading experience in an ever changing market. With up to 3x leverage, Poloniex’s cross-margin mode enhances users’ capital and financing flexibility. It features a unified spot and cross-margin account so that users don’t need to transfer assets to a different margin account....

Aktuell ist die Diskussion rund um Stablecoins entbrannt. Und zwar streiten sich die zwei bekanntesten Stablecoins um die Weltherrschaft. Da haben wir einerseits die von Coinbase erschaffene USDC, und auf der anderen Seite den von Tether Limited kreeierten USDT. USDT wurde im Jahr 2014 eingeführt, während USDC erst 2018 ausgegeben wurde. Angeblich sei der von Coinbase erschaffene Stablecoin moderner und funktioniere daher besser, als USDT. USDT, also Tether, ist viel bekannter und verbreitet....

Iran is a sanctioned country. It’s not allowed to engage in certain activities unless the United States says so. Despite all this, popular digital currency exchange Binance still enabled the country to engage in crypto trades nearing $8 billion at press time. Binance Is Alleged to Have Aided Iran Almost all the trades occurred between Binance and Nobitex, a crypto exchange based in the Middle Eastern country. This data comes directly from blockchain analysis firm...

Bitcoin-Handel The Forex market is a complex system where every element plays its role. If a trader plans to be successful, then he must learn to understand every element. In addition, a trader should understand that a broker is a part of Forex, and it will be very difficult to work without it. The trader can choose one of two options. The first is to look for a broker yourself. But you will have to browse dozens of sites, and there is no guarantee...

ADA price is signaling a bearish bias below the $0.32 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.308 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it stays below the $0.315 resistance zone. Cardano price is struggling below $0.315 against the US Dollar, similar to bitcoin. ADA price must...

Ethereum price is showing positive signs above the $1,220 level against the US Dollar. ETH price is now trading above $1,230 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,290 resistance zone. Ethereum price is rising above the $1,220 level against the US Dollar. ETH/USD could rise further if it clears the...

Every day, the crypto ecosystem finds evidence of unethical practices by Sam Bankman-Fried and/or his team. However, the founder of FTX and Alameda Research denies his responsibility for the sudden failure of his businesses, stating that he was unaware of any wrongdoing. But who’s responsible? Sam already has somebody in mind. In an interview with Forbes on December 12, Sam Bankman-Fried, the former CEO of FTX, once again blamed Binance CEO Changpeng Zhao for the failure of...

BitMEX co-founder and renowned crypto essayist, Arthur Hayes, thinks the worst of this year’s Bitcoin bear market has come to pass.  The former CEO believes the three major cohorts of forced Bitcoin sellers – trading firms, miners, and speculators – have already capitulated, marking the bottom of Bitcoin’s market cycle.  How Bitcoin Gets Dumped As Hayes explained in a blog post titled PEDMAS on Friday, centralized lenders (CELs) begin by going bankrupt when they lend to...

The bear market has been relentless. The little upward momentum gathered last week came to halt. For the most part, the price action has been at the mercy of good and bad news. The whales are hibernating, and with little volatility, Bitcoin is, by far and large, directionless. But experts are impatiently gearing up for some movement that would change the current market dynamic. And volatility may not be very far away. In fact, this is what may put more pressure on the crypto...

Ray Youssef – Chief Executive Officer of crypto platform Paxful – said customers should never keep their bitcoin holdings on centralized exchanges.  Instead, they must self-custody their possession to prevent becoming victims in another crash similar to the FTX one. Don’t Trust Centralized Entities Youseff urged market participants to store their bitcoin in self-custody wallets. He said he feels responsible for Paxful’s millions of users, hence his recommendation: “As CEO of...