Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. It’s widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins.  When BTC price is down, altcoins tend to...Continue Reading

The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin futures contracts. The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New York on Thursday. The CFTC claimed...Continue Reading

BTC price lost the momentum that pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level. Twenty-three agonizing days have passed since Bitcoin (BTC) last closed above $32,000 and the 10% rally that took place on May 29 and May 30 is currently evaporating as...Continue Reading

There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability. Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.  Balancer’s...Continue Reading

Some stablecoins have failed to deliver the dollar’s stability to crypto traders long before TerraUSD’s collapse. The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs. Stablecoins’ stability in question Stablecoin firms claim that each of their issued tokens is backed...Continue Reading

Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018. Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions. Winklevoss’...Continue Reading

The Metaverse and NFTs are allowing people across the world to celebrate Pride Month in various ways. A number of social gatherings have started to take place in the Metaverse as companies across the globe begin to understand the value that virtual interactive environments can have for consumers. It shouldn’t come as a surprise then...Continue Reading

Paul Grewal, the chief legal officer of Coinbase, highlighted that the funds of customers are protected legally and physically. As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange.  In an SEC disclosure made by Coinbase back in May,...Continue Reading

Bitcoin bulls are not giving up without a fight in the current range, while data increases the significance of May’s $23,800 floor. Bitcoin (BTC) recovered to $30,000 prior to the June 2 Wall Street open as cold feet remained across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Crucial breaker rejecting” on Bitcoin Data...Continue Reading

Scott Melker, better known as The Wolf of All Streets, is a trader and crypto advocate who is far more approachable than his online handle might suggest. A former DJ, Melker operates a small crypto advocacy empire spanning YouTube videos, podcasts and a popular newsletter. Scott Melker is open about his initial intentions in the...Continue Reading