Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations

In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 390% gain by following seven trades based on four different advanced data indicators. The report depicts trading alerts generated between March 11 – 18, 2023. The potential gains available to Cointelegraph Markets Pro subscribers significantly…

Scallop will help create awareness and drive the adoption of the PCI Security Standards. 213 Total views 4 Total shares A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to its participating organizations that help improve payment data security worldwide.Scallop, a regulated DeFi banking…

RenPSG to allow charities to accept more than 45 different cryptocurrencies including Bitcoin, Ether and Dogecoin. 739 Total views 44 Total shares The Giving Block, a major organization focused on the cryptocurrency donations industry, continues expanding its crypto charity reach with a new partnership.The organization will be working with charitable platform provider RenPSG to allow…

Ethereum-based layer-two blockchain scaling platform nahmii has onboarded the Norwegian Block Exchange (NBX) as the first member of its governing association, according to a press release shared with Cointelegraph on Aug. 16.Created by Hubii, nahmii is designed to solve the transaction speed issue on the Ethereum network, which can reportedly manage only 15 transactions per…

“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors," said the Fed report. 141 Total views 12 Total shares The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market.In its…

As the global economy struggles to adapt to the rapid changes the coronavirus pandemic has forced upon the world, the virtual conference space is booming. The need to engage, communicate and expand our network has perhaps never been so necessary as businesses struggle to survive what may be the next great economic depression. Blockchain and cryptocurrency…

Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21.Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a $1.8…

Ethereum's native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase.ETH price forming falling wedgeETH's price has been forming a falling wedge pattern since late March 2022, which raises its prospects of…

Bitcoin (BTC) easily soared above the $31,000 to $32,400 resistance zone on Oct. 23, which came as a suprise to many market participants. Usually, the price tends to consolidate or hesitate near stiff overhead resistance levels but that was not the case this time around.Market participants are bullish as they anticipate a Bitcoin spot exchange-traded