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Jul 24 Trading Analysis: What Bloodbath?

Jul 24 Trading Analysis: What Bloodbath?

Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.

New XRP Trading Pair Available as Bitrue Launches “IOU” Spark Token Trading

New XRP Trading Pair Available as Bitrue Launches “IOU” Spark Token Trading

Bitrue crypto exchange announced that XRP/Spark (FLR) token trading pair has officially launched.

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC

Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.

Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos

Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos

Argentina’s Financial Information Unit (FIU) has ordered stricter controls and monitoring into cryptocurrency transactions in the country to eradicate money laundering and other illicit activities. Argentine newspaper El Cronista reported that the FIU, a government agency that is responsible for enforcing anti-money laundering laws and compliance, is looking to tighten its controls on cryptocurrency trading.

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

The Commodity Futures Trading Commission has charged four people for allegedly soliciting funds from clients to speculate in Bitcoin price movements.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

Sofi Launches Into Cryptocurrency Trading with Sofi Trading

Sofi Launches Into Cryptocurrency Trading with Sofi Trading

The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless

Dapper Labs Raises $18M in Token Sale

Dapper Labs Raises $18M in Token Sale

The team responsible for the crypto-collectibles phenomenon “Crypto Kitties” has just secured an $18 million token sale.

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

The Japan Virtual and Crypto assets Exchange Association has reported that during the COVID-19 pandemic there has been a decline in active crypto-trading in Japan.

Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading

Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading

Ripple CEO has responded to reports that India intends to introduce a ban on crypto trading.

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November

New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.

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