When people provide their chart analysis and often also give predictions, we see the common strategies for interpretation. We see triangles that are drawn to make trends easy to spot. A triangle closing in downward can show the time of potential brea…
Stablecoins have seen massive trade volume and market cap growth this month especially after the market carnage on March 12, 2020.
In view of the major bitcoin, crypto market crash, popular influencer WhalePanda said that he could “no longer recommend” trading on BitMEX.
Kraken announced on Twitter, they will now offer direct trades with some of the most popular fiat currencies. At exactly 1430 UTC on 12th March, they would support trades between CAD, CHF, EUR, GBP,
Parier à la hausse ou à la baisse sur Bitcoin, ça n’est pas nouveau… Mais le faire en un éclair avec le Lightning Network, ça change tout !
Global crypto exchange Huobi has announced a new mobile app to trade a wide range of cryptocurrencies.
Licensed by Thailand’s Ministry of Finance, Huobi Thailand provides locals with a safe, fully compliant trading platform for the world’s most popular cryptocurrencies and stablecoins.
The current market seems to be largely driven not by organic buying and selling, but by exchange driven manipulation of the spot market to exploit the current dynamics of leverage trading. Since the exchanges know the characteristics of the outstanding shorts/longs, and since volume is low after these pumps or dumps leading to sideways drift, they can essentially engineer movements in price that create income in terms of liquidations. When there are lots of overleveraged shorts, an exchange can pump the price with bots briefly and collect the short position. Same with longs but in reverse, a quick burst of selling pressure.