All You Need To Know About These Triangles As A Trader

What separates the advanced and novice traders during a bear market is the application of different strategies, preciseness, use of the common 3 triangle patterns, and managing trade to have a proper edge against other crypto traders. Trading without the proper skills, such as market structures of the crypto market and implementing your strategy, is akin to exposing yourself to risk, which could cost you your life, but in this case, your trading portfolio. There is so much more involved in trading in the crypto space other than buying and…

CHINA BAN ALERT?🚨 Crypto News Today | Why Crypto Market Going Down Today

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Can Russia Circumvent EU Sanctions Through Cryptocurrency?

Russia has seemingly turned to cryptocurrency since the West decided to ‘punish’ the nation for its invasion of Ukraine. A list of sanctions had been imposed upon the country by the United States and the EU which worked to essentially cut Russia off from world traders. However, with the rise in popularity of crypto, it has provided a possible way for the country to evade these sanctions which would have otherwise stuck when fiat currencies were the only form of payment. Why Russia Could Turn To Cryptocurrency One thing that…

Research report outlines why the crypto market might be on the verge of a reversal

As November begins, analysts are busy dissecting the major market movements that occurred in October. While Bitcoin (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior analyst, Vetle Lunde mapped out the direction the market might take in the next few months. “Uptober,” a reference to Bitcoin’s bullish historical performance in the month of October, was a common theme across many threads on Crypto Twitter and, according to Lunde, this performance appears to have happened once again. Data shows BTC and exchange tokens outperformed the large…

Bitcoin Price At Risk Of Further Squeeze, BTC Bulls Defend $20K

The Bitcoin price is holding on at its current levels with bullish momentum fading on lower timeframes. The crypto market’s recent sideways price actions seem related to the upcoming macroeconomic events and their potential influence across global markets.  At the time of writing, the Bitcoin price trades at $20,500 with sideways movement in the last 24 hours and a 6% profit over the previous week. Other cryptocurrencies in the top 10 by market capitalization are displaying strength as BTC moves sideways, with Dogecoin (DOGE) leading, followed by Ethereum (ETH) and…

Lightning Network releases emergency update after critical bug on LND nodes

An emergency update was released to all Lightning Network’s LND node operators on Nov 1., after a critical bug caused LND nodes to fall out of sync chain. This was the second critical bug experienced by the network in less than a month.  According to Lightning Labs, developer of the Bitcoin Lightning Network, some LND nodes stopped syncing due to an issue with the btcd wire parsing library. The hot fix (v.015.4) was released nearly three hours after the break. The release stated: “This is an emergency hot fix release to…

SIX Swiss Exchange Relapses in October after 2-Month Turnover Gains

Trading volumes on the SIX Swiss Exchange, Europe’s third-largest stock exchange and top post-trade service provider, relapsed in October 2022. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. Trading turnover on the exchange dropped 16.1% to CHF 79.3 billion, SIX Swiss Exchange disclosed in its key trading figures for October 2022 published on Tuesday. Similarly, the total number of trades performed on the exchange dropped -2.9% month-over-month (MoM) to 4,717,648. In September,…

Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

This is the second uncollateralized loan to default on TrueFi within a month following Korea-based Blockwater’s failure to repay its $3 million debt on the platform. Another decentralized lending protocol, Maple Finance, faced difficulties in June after Babel Finance, a crypto lending firm, became insolvent and defaulted on a $10 million loan. The default resulted in a $7.9 million loss to investors. Maple decided to tighten its lending standards, Bloomberg reported last month. Original Source CapitalDefaultsInvictusloanTerraVictimTrueFi CryptoX Portal

Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators – Bitcoin News

Tesla, Spacex, and Twitter boss Elon Musk has decided to charge $8 per month for users of the social media platform to have a blue checkmark. “This will also give Twitter a revenue stream to reward content creators,” Musk explained, adding that “it is the only way to defeat the bots and trolls.” However, many Twitter users are unhappy about the announced charge. Twitter to Charge $8 per Month for Account Verification Tesla CEO and Twitter boss Elon Musk announced on Twitter Tuesday that he plans to charge $8 per…

South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide

Pick n Pay, one of South Africa’s largest supermarket chains, is set to allow its customers to pay for items in all its stores using Bitcoin. According to South African-based tech news outlet Tech Central, Pick N Pay is planning to roll out its cryptocurrency payments service to its stores nationwide in the coming months, after years of experimentation in select stores. The supermarket chain allegedly started experimenting with Bitcoin payments five years ago in Cape Town, but was stymied by expensive costs and long transaction wait times. The nationwide…