Assessing the market’s state can position the trader in a win-win situation. Analysts use candlestick patterns like the pin bar to determine the optimal trading period. These patterns are essential to their trading methods since they simplify predicting price fluctuations, increasing profit potential. Interpreting Pin Bar Candlesticks A particular kind of candlestick pattern called a … Continue reading How to Learn and Use a Pin Bar Strategy
Multicoin Capital, a prominent venture capital firm specializing in blockchain and cryptocurrency investments, has revealed its participation as a co-lead investor in a $225 million funding round for Wormhole, a key player in the multichain space. The funding round was completed late last year but has only been officially announced now, coinciding with the launch … Continue reading Multicoin Capital invests in Wormhole to enhance crypto interoperability
HashKey Group, a prominent player in Asia’s digital asset financial services sector, has unveiled its latest venture in the burgeoning Web3 landscape – the HashKey Chain, according to press release shared with Blockchain.News. This Ethereum Layer-2 network was announced at the 2024 Hong Kong Web3 Festival, marking a significant expansion of HashKey’s Web3 Ecosystem. HashKey … Continue reading HashKey Group Announces HashKey Chain
NEAR Protocol has experienced significant growth in users and transactions in recent months. To ensure the smooth operation and expansion of projects and founders, the NEAR Foundation has launched the Infrastructure Committee. With a funding of $4 million allocated for infrastructure projects, the committee aims to strengthen NEAR’s Key Infrastructure and support the success of … Continue reading NEAR Launches Infrastructure Committee with $4 Million in Funding
OKX, one of the prominent cryptocurrency exchanges, has made an exciting announcement regarding the listing of BlockGames (BLOCK) on its spot trading market. This development opens up new opportunities for traders and investors looking to engage with the BLOCK cryptocurrency. According to OKX, the listing schedule for BLOCK is as follows: BLOCK deposits will be … Continue reading OKX Announces Listing of BlockGames (BLOCK) for Spot Trading
BitMEX co-founder Ben Delo, a British citizen, is set to face a class-action lawsuit from users after U.S. District Court Judge Andrew Carter determined that he played a central role in an alleged price manipulation scheme on the cryptocurrency exchange. The ruling came after Delo had asked to dismiss the suit, but Judge Carter concluded … Continue reading BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation
Chinese police have launched an investigation into the core technical team members of STFIL, a prominent Filecoin (FIL) liquid staking protocol. The reasons for the investigation have not been disclosed, but STFIL has confirmed the situation and has engaged legal representation to manage the case and provide support to the individuals implicated. During the investigation … Continue reading Chinese Police Investigate STFIL Team Members in Filecoin (FIL) Liquid Staking Protocol
The Hong Kong-based news outlet, HK01, reported that Sheikh Ali Rashed Ali Saeed Al Maktoum, commonly referred to as “Prince Ali,” had plans to establish a family office in Hong Kong. However, the launch of the office has been delayed after it was revealed that the prince’s involvement in cryptocurrencies had drawn the attention of … Continue reading Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy
In a move to garner support ahead of the upcoming parliamentary elections, South Korea’s leading political parties have turned to the burgeoning cryptocurrency market, introducing policies aimed at attracting the younger, tech-savvy electorate. This development underscores the growing influence of digital assets in the political arena and how they can sway voter sentiment. The Democratic … Continue reading South Korean Political Parties Woo Voters with Crypto-Friendly Policies
According to Sunil, who is the FTX Creditor Champion, Bloomberg reported his statement during the SBF Sentencing. He revealed that Sullivan and Cromwell, a law firm, sold 2/3 of their $2.6 billion worth of Solana cryptocurrency at a significant discount of $64 per token, which is 62% lower than the market price of $172. Additionally, … Continue reading Sullivan and Cromwell's Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors