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2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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“Wash trading is a form of market manipulation where an entity buys and sells the same asset simultaneously. This deceptive practice creates a mirage of market activity while the beneficial ownership of the asset remains unaltered.” Nouns DAO executed a so-called fork last month following disgruntlement with the DAO’s freewheeling spending habits. After a proposal went live which would force Nouns to keep spending its treasury, the DAO forked a second time. Best Cryptocurrency Wallets in 2023: Compare Reviews on ...Aside from opening up new avenues for cleaning dirty funds, swapping of chains creates headaches for investigators, says BLIN’s Data. Interestingly, when the exchange announced the issue, Bitstamp users took to X to report a strange massive drop in the asset’s price on the platform. XRP had crashed to $0.4587. TradingView data corroborates these claims, suggesting the crash occurred at 09:00 (UTC).

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STRAX rose 16% after Binance's announcement. Magazine: Web3 Gamer: Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula EJOE Sinks as Retailer Trader Joe’s Sues Namesake DEX OKX Publishes Eighth Monthly Proof of Reserves with USD$11.3 billion in BTC, ETH and USDT ReservesPayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a NFT purchase and transfer system. The application, filed in March and published Sept. 21, describes a means of carrying out transactions with NFTs, both on- and off-chain.History’s Warning: Is Ethereum Set For A Huge Plunge? Here Is What This Analyst Predicts mevETH integration

Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar.BTC/USD 1-hour chart. Source: TradingViewTrader: Bitcoin behavior at resistance “not the best”Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend.The pair recovered from a snap retest of $27,000 on Oct. 6, thanks to surprise United States employment data which diverged from policy tweaks by the Federal Reserve.Now, the $28,000 resistance formed the main point of interest for market participants going into the new week.In low timeframe (LTF) analysis of exchange order books, popular trader Skew said that major bidding power was still required in order to flip $28,000 to support.“So on LTF we can see clearly the market is still trading $28K as resistance. Going to require a big spot buyer to crack that area imo,” he told X (formerly Twitter) subscribers.“Perps are shorting every LTF bounce into $28K as well.”Bitcoin order book data. Source: Skew/XSkew further described Bitcoin’s reaction to both that level and the 200-day moving average (MA), currently at $28,040, as “not the best kind.”Fellow trader Daan Crypto Trades meanwhile cautioned on going short BTC should a sudden breakout occur, as this might form the start of further upside.“I will say that with BTC sitting around this big $28K level which has the Daily/Weekly 200MA sitting there, I am personally not very keen on shorting any deviations above,” part of an X post stated.“In the past, we’ve often seen a weekend breakout at these kinda spots which tend to not retrace as easily as they otherwise would.”An accompanying chart showed the closing price of last week’s CME Bitcoin futures markets, this apt to form a price “magnet” going into the new week.“Trading around the CME price is best practiced during a ranging & choppy environment,” he added. “We are still in such environment but that would likely change upon a strong break above this region. Hence me not being too eager to short immediately in case we'd see a weekend pump.”BTC/USD annotated chart with CME Bitcoin futures data. Source: Daan Crypto Trades/XAnalyst renews $30,000 BTC price forecastIn the wake of events in Israel, others meanwhile flagged geopolitical instability as a potential BTC price catalyst to come.Related: Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur HayesAmong them was Michaël van de Poppe, founder and CEO of trading firm MN Trading.“Now; market perspective it’s going to be a volatile week,” he wrote in part of X analysis. “My idea is that Bitcoin continues the upwards grind & potentially reaches $30K as worldwide uncertainty grows.”Van de Poppe had previously forecast a trip beyond the $30,000 mark in October, traditionally Bitcoin’s strongest calendar month.At just under $28,000, BTC/USD was up 3.5% month-to-date at the time of writing, per data from monitoring resource CoinGlass.BTC/USD monthly returns (screenshot). Source: CoinGlassThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Due to the first post from the @satoshi account, the price of Bitcoin Satoshi Vision (BSV) pumped over 30%. However, now, it has slowly started to retrace back. How to legally trade Cryptocurrency in Nigeria and be safe*This is not investment advice.US-based Exchange to Give Away 10,000 XRP to One Trader Asset-Backed Stablecoins

The ongoing and unfolding conflict has taken a heavy toll on the local civilian population, with casualties currently estimated in the thousands. At the time of publishing, Maker crypto (USD: MKR) is trading above the 50 and 200-day SMAs (Simple moving averages), which are supporting the price trend. Buy Ethereum Indonesia-Purchase ETH InstantlyBankman-Fried has pleaded not guilty to fraud charges, and his lawyers say the involvement of company counsel in loan arrangements suggests that he didn't realize it was improper. Judge Lewis Kaplan has previously ruled that arguments over the advice received from counsel could confuse or prejudice the jury, and can’t be made in the defense’s opening statement. Bitdeer was a standout among the rest, exploding its realized hashrate by over 120% in the third quarter. CleanSpark and Marathon also made significant gains on this front, each increasing computational power last quarter by around 43% and 38%, respectively.


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