Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’
Crypto analyst Jamie Coutts cautioned traders to “be careful” when margin trading Bitcoin, given the growing strength of the US dollar.
Related Posts


Celsius CEO: Catering to ‘The 1%’ Was Not the Plan
Earlier this month, pioneering decentralized finance (DeFi) lending application Celsius surpassed 50,000 in total Bitcoin (BTC) deposited to the platform.In an interview with Cointelegraph, Celsius founder and VoIP pioneer, Alex Mashinsky, discussed the milestone, articulating that it was never his plan to cater to ‘the one percent’ of society.Despite 50k BTC deposited, Celsius falls short…

Is Walmart gearing up to enter the Metaverse?
The retail giant submitted a total of seven patent filings, signaling plans to create its own digital currency and NFT collection. 234 Total views 7 Total shares It appears that retail giant Walmart Inc. is getting ready to enter the Metaverse with patent filings indicating that it plans to create its own cryptocurrency and NFT…

Australian bank joins Project Guardian to explore RWA tokenization
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains.

$700,000 drained from BNB Chain-based DeFi protocol LaunchZone
BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value 229 Total views 3 Total shares Own this piece of history Collect this article as an NFT$700,000 worth of funds has been drained from BNB Chain DeFi protocol LaunchZone,…

Legal battle avoided after YGG and Merit Circle DAO agree to a deal
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement. 170 Total views 3 Total shares A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd…

MIT cybersecurity experts do not trust blockchain-based voting systems
“I haven't yet seen a blockchain system that I would trust with a county-fair jellybean count, much less a presidential election.” 1133 Total views 17 Total shares While certain parties in the United States continue to challenge the integrity of the election process, a group of researchers is advocating against using Internet-based and blockchain-based voting…

Ripple case: Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’
Attorney John Deaton says there’s a 25% chance Ripple will see an outright win against the SEC, while rumors fly of a possible IPO. 417 Total views 1 Total shares Pro-XRP lawyer John Deaton has tipped less than a 3% chance for the United States Securities and Exchange Commission to score an outright win against…

Brazil poised to launch world’s first spot Solana ETF ahead of global markets
According to IBM’s former blockchain growth lead, a potential Solana ETF approval in the US could act as a significant price catalyst for SOL.