What is Elliott Wave Theory, and how to use it in crypto?

Popular stablecoin Tether has announced 1:1 redemptions of USDT to fiat, while affiliated crypto exchange Bitfinex added two new Tether-fiat trading pairs, according to announcements from both firms Tuesday, Nov. 27.Tether announced the direct redemption of Tether to fiat along with a major redesign of its platform for the verification of new customers.According to the…

“I’m just a regular Bitcoiner caught in the crosshairs,” claimed Mark Alexander Hopkins, also known as Rizzn, prior to serving his prison sentence. 7160 Total views 50 Total shares Mark Alexander Hopkins, also known by the moniker Doctor Bitcoin or their handle Rizzn, has claimed that “transacting Bitcoin p2p is a federal crime” after announcing…

The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets. 231 Total views 2 Total shares Crypto billionaire and FTX founder Sam Bankman-Fried have admitted to being a "significant donor" to both sides of the political spectrum ahead of the 2022 midterm elections.Days ahead…

The NRCC said that it will collect all identifying data from individuals who donate with crypto. 305 Total views 3 Total shares The United States’ National Republican Congressional Committee — the body responsible for coordinating Republican electoral efforts — is introducing donations in cryptocurrencies like Bitcoin (BTC).The NRCC announced Wednesday on Twitter that the committee…

A retest of $11,500 gives the impression that the bulls are not done when it comes to Bitcoin, which convincingly bounced off $11,000. Bitcoin (BTC) rose to fill a significant gap in its price history on Aug. 3 as bulls remained in control and took BTC/USD towards $12,000.Data from price charts including Coin360 showed the…

Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is underway.Ether/USD 4-hour price at Bitstamp. Source: TradingViewOn the non-crypto side, a number of equities-related factors are translating…

Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens.While not yet confirmed officially, a “Samsung Coin” could find application as a payment means on the company’s app store and…

Malta's financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams, news outlet Times of Malta reported on April 25.The Malta Financial Services Authority’s (MFSA) new guidance note intends to warn the public about cryptocurrency investments and related risks, and educate people on how to…

Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards. 196 Total views 18 Total shares Bancoagrícola, El Salvador’s largest financial institution, is set to boost the country’s Bitcoin adoption policy following its partnership with digital payments gateway Flexa.According to an announcement by Flexa on Thursday,…