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Last week, BTC experienced a sharp dump following the CPI news, aligning with our trading plan. If you managed to execute buy orders, you likely saw some profit. If not, don’t worry; opportunities will still be there. In today’s post, we’ll continue to develop our trading strategy
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Both the total supply and market share of Binance USD (BUSD) have recently reached historic highs in the stablecoin sector. Statistics show that since late September 2022, the market capitalization of Binance USD (BUSD) has surpassed $20 billion for the first time and is currently stabilizing around $21.6 billion.
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Mango Markets, a derivatives trading platform, is set to approve the highest bug bounty reward in crypto history following an attack earlier this week. Update as of October 16: By the early hours of October 16, Mango Markets announced that it had reached an agreement with the attacker and successfully
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Cosmos developers have announced that they have identified a severe security vulnerability affecting all blockchains utilizing their Inter-Blockchain Communication (IBC) protocol. 1-hour ATOM/USDT Chart on Binance at 08:25 PM on October 14, 2022 On the evening of October 13, Cosmos founder Ethan Buchman revealed that the project discovered
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The world’s largest cryptocurrency, Bitcoin, has unexpectedly surged back to $20,000, despite initially being heavily impacted by the latest US Consumer Price Index (CPI) data. As reported by Coin68, on the evening of October 13, the US released its CPI data for September. Although the CPI showed a
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Binance, the leading cryptocurrency exchange, has completed its 21st quarterly BNB burn, marking the end of a three-month period of relatively stable crypto market conditions. 1D BNB/USDT Chart on Binance at 05:25 PM on October 13, 2022 According to the announcement posted on the afternoon of October 13,
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On the morning of October 12, the Solana-based derivative trading platform Mango Markets fell victim to a price manipulation attack, resulting in a loss of $114 million. Update, October 14: By the afternoon of October 14, Mango Markets proposed a new settlement with the attacker, requesting the return of all
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On October 12, BNB Chain will conduct a hard fork to address the vulnerability in its cross-chain bridge that led to a $586 million hack. BNB Chain Hard Fork Scheduled to Address Hack Vulnerability As reported by Coin68, on October 6, BNB Chain became the latest victim of a hacker
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Despite Justin Sun's persistent denials of acquiring Huobi, the recent move to replace the in-house stablecoin HUSD with USDD signals otherwise. 7-Day HUSD Price Chart from CoinMarketCap at 09:40 AM on October 12, 2022 As reported by Coin68 on October 8, Huobi recently announced a major ownership
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The world’s largest cryptocurrency, Bitcoin (BTC), has once again fallen below the $19,000 mark ahead of the US inflation data release for September. Price Movement of Major Cryptocurrencies as of 09:20 AM on October 11, 2022. Source: Coin360 In the early hours of October 11, the cryptocurrency
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Soroban, a smart contract platform built on the Stellar blockchain, has secured $100 million in funding from the Stellar Development Foundation (SDF). As reported by Coin68 in March 2022, Stellar (XLM) launched a $30 million investment fund to support blockchain startups. Similar to other ecosystem development funds, the Stellar Development
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Hello, traders! After a week of lackluster sideways movement with narrow ranges, let’s dive into our trading plan for Bitcoin and some altcoin pairs for the coming week! Analysis and Outlook for Bitcoin (BTC) 1W Chart of BTC/USDT on Binance, Screenshot from TradingView on 09/10/2022 On
