Markets

Many people are wondering if the prices of bitcoin and Ethereum are still correlated with the stock market. Some have been taking note of the unique price patterns that have been witnessed throughout the year, as while the general crypto space has moved in tandem with stocks throughout 2022, both BTC and ETH have seemingly moved on their own. Bitcoin and Stocks… Are They Losing Their Bond? For the most part, one can easily assume that since stocks have gone down and both...

Avraham Eisenberg, the software coder and crypto trader behind Mango Markets’ $100 million exploit, believes “profitable traders” like himself attract a lot of jealousy and hate from other crypto traders. Eisenberg shared his belief with Laura Shin during an interview on the Unchained Podcast on Friday. He argued that the public is bound to hate and criticize people who execute profitable arbitrages. Hate for Profitable Traders Recall that the Mango Markets exploit, which...

Bitcoin was stopped once again at $21,000 but has remained above the coveted $20,000 line. Dogecoin continues to steal the show ever since Elon Musk’s acquisition of Twitter became official, being up by triple-digits on a weekly scale. It’s Dogecoin’s Show It’s safe to say that the original memecoin is this week’s best performer. Up until Wednesday, Dogecoin struggled around $0.07, along with the rest of the market. However, the landscape started to change later this week...

Following the recent recovery of Bitcoin, Ethereum’s price seems to be following suit and is now showing strength after months of bearish price action. The market is breaking above key levels one by one. Is the momentum going to continue? Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has broken the descending channel pattern to the upside after a rebound from the $1250 support level. The significant bearish trendline is also being tested at...

On Oct. 27, Ripple released its Q3 Markets Report stating that its holdings of XRP have dropped below 50% for the first time. The company proudly stated that it is becoming more decentralized contrary to what critics have claimed. It said the ownership of XRP is not an indicator that Ripple controls XRP Ledger (XRPL). “The XRP Ledger (XRPL) uses Federated Byzantine Consensus to validate transactions, add new features and secure the network, which means that each validator...

After allocating $500 million to support Elon Musk’s Twitter buyout, the world’s largest crypto exchange said it wants to establish a dedicated unit to help the social media platform’s upcoming challenges. The statement from the company, as reported by Bloomberg, informed that one of the key areas where Binance wants to help the most is battling bots. Fake accounts have been a major issue for the social media giant, especially such that promote fraudulent scams, many of which...

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Bitcoin is back on the offensive once more, following the enhanced volatility yesterday, and is close to breaking above $21,000. The altcoins are also well in the green on a daily scale, led by Dogecoin’s massive gains after the Musk-Twitter deal. Bitcoin Retaps $21K The past several days have been significantly more eventful for the cryptocurrency industry and the market price movements. Bitcoin stood still at $19,000 until the middle of the week, when it shot up to over...

Wichtige Neuigkeiten zu Ihrem Coinbase-Pro-Konto Coinbase Pro-Kunden aufgepasst: Coinbase Pro heisst neu Advanced Trading. Und wer sein Guthaben auf Coinbase Pro nicht von Hand auf die neue Oberfläche Advanced Trading überträgt, dem wird das am 21. November abgenommen: Coinbase überträgt dann das Guthaben automatisch in die neue Handelsoberfläche. Was ist der Vorteil von Coinbase Pro rsp. eben neu Coinbase Advanced Trading? Ganz einfach, der...

Dogecoin’s rally continued on Friday as the premiere meme coin rose another 8% to $0.085.  This put the cryptocurrency back into the top ten digital assets by market cap. According to CoinGecko, Dogecoin is now the 9th largest cryptocurrency, worth over $11.6 billion in total. The 10th largest is Solana, now worth $32 per unit and $11.5 billion in total.  Dogecoin is up 43% over the past 7 days, showing especially strong growth relative to its rallying competitors. Bitcoin...