Category: Crypto Trading

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Biggest Movers: XRP Rebounds on Friday, Following Recent Decline

After being the victim of a red wave on Thursday, XRP rebounded in today’s session, as crypto bulls remained resilient. The global market cap is up by 0.40% at the time of writing, following a 2% drop yesterday. Stellar was another strong mover on Friday, and is currently up 2.25% XRP XRP was back in…
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Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength

Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The dollar strengthened across the board following the decision. Ethereum is on the cusp of…
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Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In

Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today’s drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent gains. Shiba Inu (SHIB) Shiba inu (SHIB) moved lower during today’s session,…
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Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud

A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to the U.S. Justice Department. Ex-Deutsche Bank Investment Banker Pleads…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision

Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session. Bitcoin Bitcoin started the day trading marginally lower, as markets…
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Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday

XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process. XRP XRP, formerly ripple, was a notable gainer in today’s session, as…
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New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed

New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance that “heightens risk assessment standards for coin-listing policies and tailors enhanced requirements for retail consumer-facing…
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Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny

A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want to invest in virtual assets, then they must invest on…
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Bitcoin, Ethereum Technical Analysis: BTC Remains Above $27,000, Following Moving Average ‘Death Cross’

Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum also extended recent gains. Bitcoin Bitcoin was once again trading above the $27,000 level on…
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Biggest Movers: TON Hits 7-Month High, After Rising 50% in the Last Week

Toncoin rallied to a fresh seven-month high on Tuesday, as Telegram founder Pavel Durov revealed more details about its recent partnership with the blockchain. Generally, the crypto market cap has been higher in the past days, mostly in anticipation of Wednesday’s Federal Reserve interest rate announcement. Solana surged above $20.00. Toncoin (TON) Toncoin (TON) climbed…
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