Jump Trading, a registered broker-dealer and member of various exchanges, recently entered the cryptocurrency market as Jump Crypto. They emphasize research before trading and employ PhDs and quantitative analysts who use algorithms for their crypto trading strategies. The acquisition of tokens by Jump…
Bitcoin is currently holding its gains above the $30,000 support zone, although it is trading below $30,500 and the 100 hourly Simple Moving Average. On the hourly chart of the BTC/USD pair, a bearish trend line is forming with resistance near $30,500. However,…
Riot Platforms, Inc. has made a groundbreaking move in the Bitcoin mining industry by entering into a long-term purchase agreement with MicroBT Electronics Technology. The deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States. There is also an…
Canadian crypto mining company Hut 8 Mining Corp has secured a $50 million credit facility from Coinbase Credit Inc, a subsidiary of American crypto exchange Coinbase. The credit facility will be used for general corporate purposes. The facility is structured in three parts,…
Optimism (OP) is a layer 2 scaling solution for Ethereum that launched in 2020. On June 6, Optimism released its Bedrock upgrade, which promised faster transaction speeds and reduced gas fees. The upgrade has delivered on its promises, with daily transactions increasing by…
In an article published by North Korea’s state media, the Korean Central News Agency (KCNA), Jong Il Hyon, an international affairs analyst of the DPRK, argues that the expansion of the BRICS (Brazil, Russia, India, China, and South Africa) is a result of…
BitGo CEO Mike Belshe announced that the cryptocurrency custodian has other pending acquisitions in the works, despite the recent decision to abandon the acquisition of Prime Trust. The termination of the Prime Trust acquisition has raised concerns about the financial troubles of the…
Capo, a popular cryptocurrency trader, has issued a warning to the community, predicting a downturn for Bitcoin, Ethereum, and altcoins. Despite the rebound in the cryptocurrency market, Capo believes that prices are still at a major resistance and that recent price movements appear…
With only four days left in the first half of 2023, the crypto market is eagerly watching Bitcoin’s performance. The high timeframe BTCUSD chart is showing potential for a bullish reversal pattern, but it has yet to surpass the trigger point at $32,000.…