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Brazilians Are Moving Towards Dollar-Pegged Stablecoins As Alternatives to the Ailing Economy

Brazil is moving to dollar-backed stablecoins as the country's economy continues to ail coupled with the looming uncertainty on its increasing COVID-19 cases. According to a Binance Brazil Representative, Mayra Siqueira, stablecoin traders have quadrupled since the year began with the USDT and BNB tokens dominating the market. дальше »

2020-7-9 16:09


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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »

2020-7-4 02:00


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Ethereum Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […] дальше »

2020-7-1 20:03


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This Key Data Metric Shows One Ultra-Bullish Crypto is About to Plunge

There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, may be plagued by a massive influx of LINK into exchanged over the past day This could suggest that traders […] дальше »

2020-6-1 23:00


Brazil Tax Authorities Impose New Regulation to Fine Crypto Traders Who Do Not Report Their Transactions

Back in August this year, the Department of Federal Revenue rolled out various provisions and stipulations that require all Brazilian citizens to report transactions that involve cryptocurrency. A recent report tabled on December 6th from one of Brazil’s most popular news outlets stated that the new codes for reporting cryptocurrency was introduced to back up […] дальше »

2019-12-8 20:30