The price of Compound (COMP) tokens is seeing a massive surge amid a manic week for the decentralized finance (DeFi) project, which included a listing announcement by U.S. crypto exchange giant Coinbase. Compound TVL Crosses $400M TVL Milestone With the number of lenders on the Compound protocol increasing rapidly, data from DeFiPulse shows the project...Read More
The cryptocurrency industry has seen its fair share of shady projects and outright scams. As the SEC continues to crack down on these fraudulent ventures, more and more people are being identified. Following the efforts by the SEC, two brothers in Pennsylvania have been ordered to cease their investment fund. Another Scam Gets Busted by...Read More
The last seven days were relatively calm when it comes to Bitcoin as it marks a slight decrease of less than 1%. However, on June 15th, the price dropped to about $9,000, but it managed to recover very quickly and has traded in a narrow range since. Overall retail interest in the asset seems to...Read More
After a slight weekly rebound, VET resumed selling pressure with 4% losses over the last 24-hours. A slip beneath the monthly low could cause more troubles for the 28th ranked crypto by market cap. The market is currently looking bearish on the hourly time frame. VET/USD: VeChain Trades At Crucial Support Line Key Resistance Levels:...Read More
Bitcoin Bitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support. So long as BTC can continue above this rising trend line, the...Read More
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each transaction, made separately to unknown...Read More
Debit card provider and payment processor Wirecard AG, whose subsidiary issues visa debit cards for both Crypto.com and TenX, has failed to locate over $2 billion of lost assets. The company’s stock prices continue plunging after the two banks supposedly holding the massive amount denied any business relationship with the German payments processor. Wirecard AG...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog At the end of the week, the XMR activity is minimal – investors are accumulating power, waiting for fresh drivers. The cryptocurrency is generally trading at 63.97 USD. This week on the XMR/USD, nothing has changed significantly. The pair behaves as other coins do, demonstrating no significant volatility. On...Read More
According to a popular metric, Bitcoin has dropped back in a “buy zone.” Historically, it has been an attractive point for investors to accumulate as a price surge has followed on most occasions. Bitcoin’s PM Indicator Drops To 0.5 The Puell Multiple is a metric calculated by dividing the daily issuance value of bitcoins in...Read More
Changpeng Zhao, the CEO of the world’s leading cryptocurrency exchange, Binance, recently highlighted the importance of anti-addiction notices when trading high-risk products such as options. This comes days after a 20-year old tragically took his life after seeing a $730,000 negative balance on the popular retail trading app Robinhood. A Tragic Story On June 12th,...Read More
Over the past days, Bitcoin price was mainly trading around the $9400 mark, following the MA-50 pink line of both the attached 4-hour chart and the daily. This dull sideways action had started a week ago, and despite a little glitch below $9200, we can say that the trading range had been $9200 – $9500,...Read More
