What is a bull trap, explained

While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale tweeted that its assets under management had increased over 80% from $2.1 billion to $3.8 billion over the period of one year. This suggests that…

The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31.Blockchain will purportedly be applied by the agency to strengthen the supervision of food and drug quality assurance with better traceability…

Institutions are buying as Bitcoin dips under $60,000, strengthening the long-term bullish outlook for BTC’s price.

The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process. 150 Total views 17 Total shares Own this piece of history Collect this article as an NFTOn Feb 10, Cryptocurrency exchange Binance announced a major upgrade to its Proof of Reserves Verification system to include zk-SNARKs — a cutting-edge technology that…

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The American Institute of Certified Public Accountants (AICPA) has proposed a new set of standards for audit evidence including accommodation for blockchain-based data, according to a report by trade publication Accounting Today on June 24.The new proposal, the so-dubbed Proposed Statement on Auditing Standards (SAS), Audit Evidence, will purportedly set guidelines on how preparers and…

A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be one of the reasons for the drop in spot volumes. Bloomberg reported on Oct. 11 that Coinbase’s spot trading

Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. 373 Total views 4 Total shares 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…

In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. 107 Total views 12 Total shares