December 16, 2022 Going short on SAND? Traders should watch for this possible patterned breakout SAND has formed a parallel channel pattern. A bearish breakout could stall SAND at the target of $0.4483. Despite recent partnerships, The Sandbox [SAND],…
December 16, 2022 US Financial Stability Oversight Council urges congressional action on crypto According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader…
December 16, 2022 Bitcoin and Ethereum gave back their gains, but has anything actually changed? Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change,…
December 16, 2022 Industry execs confident in DeFi adoption despite security flaws: Finance Redefined The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week. Welcome to Finance Redefined,…
December 16, 2022 Japanese Government To Ease 30% Crypto Tax Requirement – A Good Move? Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due…
December 16, 2022 Stablecoins Flow Into Spot Exchanges, Fuel For Christmas Bitcoin Rally? On-chain data shows the number of stablecoin transactions going into spot exchanges have risen recently, something that could help fuel a Christmas Bitcoin rally….
December 16, 2022 Ethereum OFAC-compliant blocks drop as validators move to affect this update Ethereum OFAC-compliant blocks have dropped, according to recent data. Ethereum validators are also planning to employ an update that would see OFAC compliance reduced…
December 16, 2022 Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has…
December 16, 2022 Total crypto market cap takes another hit, but traders remain neutral The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts….
December 16, 2022 SOL Plummets 10% Following $2 Million Exploit on Solana-Based DEX SOL token lost 9.5% Friday to trade at $12.82 – according to CoinMarketCap – after Solana-based decentralized exchange Raydium was compromised for $2.2 million….