Anybody who has been trading for a while would have some idea what a death cross or a golden cross is. The death cross is as ominous as it sounds, it means that the market is losing steam and will…
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How a Whale Lost $24 Million in a Crypto Phishing Attack
Introduction Cryptocurrency has become a lucrative investment option for many, but it’s not without its risks. In a recent incident reported by CoinTelegraph, a crypto whale lost a staggering $24 million in a phishing attack. This unfortunate event serves as…
Fake license fiasco: Cryptocurrency lender Helio could face regulatory penalties in Australia.
Deceptive Claims Revealed: Fabrication of Helio’s Licence Discovered After ASIC’s inquiry discovered that Helio had been making false statements about having licenses that it didn’t indeed hold, the issue surrounding the firm erupted. This deception fueled worries about the lack…
US Lawmaker Opposes CBDC Tracking Purchases Like China’s Digital Yuan
Introduction In recent years, the global financial landscape has witnessed a significant shift towards digital currencies. As cryptocurrencies like Bitcoin gain popularity, governments and central banks worldwide are exploring the possibility of introducing their own digital currencies. One such development…
Tether’s CTO Makes New Claim, the Stablecoin Holds More US Bills Than Australia
The Tether USDT is one of the most controversial stablecoins in the crypto industry. They often receive allegations of depegging from many analysts. So, they reached a new milestone in their US Treasury bills holdings, according to Tether’s CTO. USDT…
The Crackdown on Chinese Crypto Influencers: 80 Accounts Shut Down
In recent times, the world of cryptocurrency has been a hotbed of activity, attracting both enthusiastic investors and a growing number of influencers. China, with its significant presence in the crypto market, has been at the forefront of this digital…
Grayscale Hits Back at SEC, Demands For Immediate Approval of ETFs
Spot Bitcoin ETFs have become a huge part of the discussion in the crypto industry. Many financial firms such as Grayscale are in line applying for their own ETFs. So, getting access to these ETFs provides an opportunity for more…
Why is Dogecoin Token Taking A Nap Below 20-Day EMA?
The Dogecoin token is one of the most prominent meme coins in the crypto industry. It even ranks in the top 10 of the crypto market capitalization. However, the recent price actions look very pessimistic. Why is Dogecoin Token Wasting…