The top-performing cryptocurrencies are showing signs of profit booking at higher levels and this suggests the market is in a consolidation phase. The crypto space is taking a breather after the recent sharp run. However, Binance CEO Changpeng Zhao (CZ) recently tweeted that he is positive that Bitcoin (BTC) will resume its rally to $16,000…
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Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. _____ Many people argue that cryptocurrencies will never be accepted as a valid form of money because governments can just pass laws to outlaw…
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Indicators show Ethereum’s price is neutral and awaiting the result of Bitcoin’s weekly close. Over the past few weeks, Ether (ETH) has tracked Bitcoin’s (BTC) price action and observant traders have deftly played reversals off double bottoms and back to back bounces at the $162 and $153 support. A comparison of the daily and weekly…
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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news from Japan. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese Liberal Democratic League said that it will formulate a quantum technology innovation strategy by the end of this year, crypto exchange Coincheck’s registered users are steadily increasing, Mt. Gox trustee…
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This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch. The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Germany setting the pace in the European fintech scene, German banks arguing in favor of a digital euro, Austria testing how to trade…
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Non-custodial decentralized exchange Dolomite announced that it will add margin trading with stop-loss orders. Non-custodial decentralized exchange (DEX) Dolomite announced that on Nov. 4 it will add a margin trading with stop-loss orders. The company explained in a press release shared with Cointelegraph that — while its current exchange is based on the Loopring protocol…
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Monero (XMR) futures trading launched by a regulated Dubai-based BTSE cryptocurrency exchange that says it wants to “spark a conversation.” Dubai-based multi-currency and spot/futures exchange, BTSE, unveiled its Monero (XMR) futures trading, Oct. 31. The move makes it one of the first and only exchanges offering futures contracts on the privacy-focussed cryptocurrency. Bucking the trend…
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From Cointelegraph Turkey: This week’s selected cryptocurrency and blockchain news from Turkey. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Turkey, the Turkish edition of Cointelegraph launched, Binance CEO Changpeng Zhao announced that he will be visiting Turkey to speak at the Capital Market Summit in November, and a Turkish CEO is convinced…
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Lawyer Jake Chervinsky raised the question of whether exposing the public to risks with KYC requirements is worth enduring the risks. In the aftermath of the recent BitMEX data leak, lawyer and general counsel at decentralized finance startup Compound Finance Jake Chervinsky raised the question of whether exposing the public to data risks that Know…
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The United States national debt is now over $23 trillion or almost $70,000 per each American citizen and growing. The United States national debt is now over $23 trillion, according to website U.S Debt Clock. It is also worth noting that the debt per United States citizen is $69,724 and that the debt to gross…
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