Altcoins at ‘sell your house’ levels amid flashing buy signals, says trader

The upcoming Ethereum (ETH) Shanghai hardfork is slated to occur in March 2023 and the upgrade will cap off the network's move to proof-of-stake (PoS) which started during the “Merge” on Sept. 15, 2022. Once Shanghai is implemented, previously locked Ether will gradually become liquid for the first time since December 2020. According to on-chain Etherscan…

Japan’s banking giant Mizuho Financial Group will launch its bespoke stablecoin for payments and remittance services on March 1, local financial newspaper Nikkei Asian Review reports on Feb. 21.In a partnership with around 60 counterpart financial institutions — which together reportedly host 56 million user accounts — Mizuho’s new “J-Coin” digital currency platform will reportedly…

On July 25, 2019, United States prosecutors filed a complaint against the defunct cryptocurrency exchange BTC-e and its alleged former operator, Alexander Vinnik. The indictment was filed nearly 24 months after Vinnik was arrested in Greece while on holiday with his family and has followed numerous extradition requests from the U.S., France and Russia that…

Top Stories This WeekResearch: ‘Free’ Electricity for Students Makes College Campuses Major Crypto MinersAccording to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry verticals. The researchers investigated crypto mining activities across a variety of industries, finding that university campuses are ranked the second-biggest miners of digital currency at 22…

Major crypto exchange Binance plans to undertake a scheduled system upgrade tomorrow that will prevent deposits, withdrawals, and trading for roughly six to eight hours, according to an official announcement published on May 14.Yesterday, the exchange’s CEO, Changpeng Zhao (CZ), had announced that the platform was planning to fully resume deposits and withdrawals today, which…

Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem. Global Stock Exchange Group, a Gibraltar-based fintech firm that deploys blockchain solutions to drive interoperability between the cryptocurrency and traditional markets, launched its Grid tokenized securities platform in Estonia on May 7.The Grid facilitates the tokenization of…

Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain.As well, 12.7% of the developers responded that organizations use blockchain for non-currency applications, 4% for cryptocurrency-related applications, 2.1% accept crypto as payments and 1.3% are implementing their own…

The Securities and Commodities Authority (SCA) in the United Arab Emirates has drafted a resolution on regulating crypto assets, providing greater clarity for crypto-related projects in the Middle East nation.With the focus usually on China, Japan or the United States, the Middle East is an area that doesn't often get the attention it deserves when…

Experienced traders learn from the lessons of the past and develop specific trading rules to avoid making the same mistakes twice. They stick to their rules, no matter how much temptation there is to violate them. Everyone has a different list - here are some of mine, which I keep posted next to my screen…