Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility. Source: https://cointelegraph.com/news/bitcoin-traders-expect-sharp-volatility-here-s-how-to-profit-from-it
Month: October 2022
Venom Foundation Is Boosting MENA Crypto Adoption – Sponsored Bitcoin News
sponsored Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain and issue utility tokens has been registered as Venom Foundation. ADGM is well recognized as a fintech haven. The…
Paul Tudor Jones says he still has Bitcoin exposure amid market downturn
With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a “very minor allocation” of Bitcoin. Source: https://cointelegraph.com/news/paul-tudor-jones-says-he-still-has-bitcoin-exposure-amid-market-downturn
Bitcoin price poised for 'very big move' as CPI due to spark volatility
BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal. Source: https://cointelegraph.com/news/bitcoin-price-poised-for-very-big-move-as-cpi-due-to-spark-volatility
Main hacker in Transit Swap exploit agrees to return remaining funds
Under the agreement, more than $2 million would be returned to Transit Swap users. Source: https://cointelegraph.com/news/main-hacker-in-transit-swap-exploit-agrees-to-return-remaining-funds
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October – Economics Bitcoin News
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the size of its debt buy-backs by purchasing large sums of gilt-edged…
Cardano founder points out flaws in Ethereum and Bitcoin
Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. Source: https://cointelegraph.com/news/cardano-founder-points-out-flaws-in-ethereum-and-bitcoin
Uniswap, Aave Pile Into Polygon’s Speedy Rollup Testnet for Ethereum
Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications (dApps). Zk-rollups are a much-hyped layer-2 scaling solution that promises to dramatically enhance the Ethereum blockchain’s performance by “rolling up” collections of transactions, which are then presented to the blockchain as a single block. This cuts…
TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak – Market Updates Bitcoin News
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron (TRX) surged to a four-week high to start the week, hitting a key…
Polygon’s zkEVM Public Testnet to enable smoother Ethereum migration
Defi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet. Source: https://cointelegraph.com/news/polygon-s-zkevm-public-testnet-to-enable-smoother-ethereum-migration