First Mover Americas: Bitcoin Skew Shows Put Bias Intact; Focus on RSI
The latest moves in crypto markets in context for May 3, 2022.
250M DOGE Transferred In One Transaction As Blockchain Unrest Continues
Exactly 250 million Dogecoin DOGE/USD were moved from multiple addresses to an unknown wallet in a single transaction earlier Tuesday. This comes as Dogecoin whales — cryptospeak for big holders…
Argentina’s Top Two Banks To Facilitate Crypto Purchases By Customers
Argentina’s largest bank Banco Galicia and its fastest-growing challenger, digital bank Brubank, both decided to start allowing their customers to acquire cryptocurrencies such as Bitcoin (CRYPTO: BTC). What Happened: The…
Fed Meeting Decision Looks Baked, But Outlook Is Far From Certain
The Federal Open Markets Committee (FOMC) is holding its two-day, closed-door meeting to discuss rising inflation starting today.
Millennium Hires Former Bitstamp Exec Merghart to Lead Digital Asset Strategy
Hedge fund Millennium Management has hired former Bitstamp executive Hunter Merghart to lead its growing digital asset strategy.
A16z Plans $500 Million Investment Round in India
Andreessen Horowitz (a16z) has launched another round of investment in India, one year after co-leading a $260 million investment in crypto exchange CoinSwitch Kuber. TechCrunch reported that the venture capital…
FOMC outcome: Should long Bitcoin traders be cautious over the next 48 hours?
The state of affairs in the Bitcoin market has been monotonous for quite some time now. With the profit-booking trend in play, BTC is currently witnessing its largest long-term HODLer…
DeFi: $1.6B lost in scams this year; losses surpass both 2020, 2021
Exploiters keenly keep track of technical vulnerabilities present in the ecosystem. When the right time comes, lo and behold, they execute pre-planned hacks. In just 4 months into 2022, over…
The US SEC Is Hiring 20 Additional Staff for Its Crypto Asset and Cyber Unit
The US Securities and Exchange Commission (SEC) plans to almost double its staff for the Crypto Asset and Cyber unit. JUST IN: The US SEC is hiring 20 additional staff…
India to Impose New 20% Tax on Cryptocurrencies Sparking Investor Fear
India is seeking new ways to tax citizens by levying charges on crypto income derived outside of the country. The tax department is mulling over the option to impose additional…