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The cryptocurrency market slightly recovered on January 26 after two weeks of poor performance following the Bitcoin spot ETF approval. Amid signs of hope for crypto investors, technical and fundamental analyses suggest speculators should avoid trading four cryptocurrencies next week. Essentially, the following cryptocurrencies are currently riskier bets than other projects. In this context, avoid ing trading riskier projects helps protect investors in an already uncertain and highly volatile market. Traders interested in these cryptocurrencies can wait for better opportunities in a clearer scenario. Particularly, Finbold spotted UMA (UMA), Dusk (DUSK), Terra Classic (LUNC), and Terra (LUNA) as cryptocurrencies to avoid trading next week. UMA (UMA) Cryptocurrency Bitcoin (BTC) halving predicted to double gains for this altcoin Cryptocurrency 3 cryptocurrencies under $0.10 to buy next week Cryptocurrency IOTA price predict...

BiMEX is partnering with crypto options platform PowerTrade to explore and offer new trading products to professional traders. The strategic partnership is backed by Ascend Ventures, Pantera Capital, Ledger Prime and QCP Capital. Crypto derivatives exchange BitMEX has announced a strategic partnership with PowerTrade, a crypto options platform backed by Ascend Ventures, Pantera Capital, Ledger Prime and QCP Capital. The collaboration between the two platforms seeks to explore and bring to the market new products for professional traders. The integration with PowerTrade sees BitMEX expand its portfolio as it focuses on further innovation to elevate the trading experiences of its users. Commenting on the partnership, Stephan Lutz, CEO at BitMEX, said: “ The strategic partnership with PowerTrade exemplifies our ambition to offer crypto traders the most profitable opportunities on the safest and most reliable trading platform in the market. We recognise ...

Trading crypto online requires precision and the ability to manage risk effectively. The markets are challenging enough; one needs to understand the dynamics of various altcoins, navigate significant volatility, and make moves that must be executed in seconds. Having a supportive brokerage platform is the least you could ask for. 1ex Trading Board aims to be the co-pilot for traders and uses intelligent AI-powered analysis to provide market insights. Additionally, successful trading requires every trader to incorporate risk management strategies into their journey. Disregarding market risk exposes crypto traders to the threat of liquidations and deposit losses. Case in point: on Oct. 10, 2023, Ethereum saw a sharp price decline, triggering over $1 billion in ETH liquidations across various exchanges. Traders incurred losses exceeding $30 million, with those holding long positions bearing the brunt of this downturn. Accurate data on price movements is crucial to mitigating such ...

Crypto.com has launched Strike Options, a new derivatives trading feature in its app. It lets U.S. users speculate on crypto prices with short-term, binary options. Crypto.com has recently unveiled its new derivatives product, Strike Options, marking a significant addition to its trading portfolio. This feature, now accessible via the Crypto.com App, is tailored for those looking to predict and potentially profit from token price movements. Introducing Strike Options, a new crypto derivatives product in the https://t.co/vCNztATkNg App ️ Turn daily predictions into potential profit with: Straightforward Yes/No decisions Less than US$10 per trade Clearly defined risk & rewards ️ https://t.co/J8hIeo024p pic.twitter.com/5BfH5WNyDv — Crypto.com (@cryptocom) November 13, 2023 Strike Options operates on a binary framework, where users decide whether the price of an underlying asset, such as Bitcoin (BTC), will surpass a predetermined strike price at the time of expiry. Th...

Huobi Token (HT) rises to a five-month high. Today’s surge has broken a 12-month downtrend. Daily trading volume for HT reaches $33.1 million, the highest in months. The native cryptocurrency of crypto exchange HTX, Huobi Token (HT), has seen a remarkable surge in its price, reaching a five-month high of $3.035. This sudden price increase comes on the heels of a period where HT experienced a persistent 12-month downtrend. In 2021, HT reached an all-time high of $34.80 but has struggled to regain that momentum. Huobi Token price chart   Record-breaking trading volume The surge in Huobi Token’s price is accompanied by a substantial increase in its trading volume. Daily trading volume for HT has hit $33,120,880, marking the highest volume trading day since February. This significant uptick in trading activity is a stark contrast to the previous week when trading volumes ranged between $2 million and $5 million, with HT trading aro...

Robinhood, the fintech firm known for its trading app, has announced plans to launch its cryptocurrency trading services in the European Union and initiate brokerage operations in the UK following a mixed third-quarter financial performance. Robinhood has announced plans to broaden its horizons. The trading platform, primarily recognized for its role in democratizing stock trading, is poised to take its crypto trading services beyond the U.S. to embrace the European market, with an imminent venture into the UK’s brokerage space. This strategic move was unveiled in Robinhood’s third-quarter earnings report, which also noted the fintech firm’s intention to roll out its crypto trading arm in the European Union after establishing a foothold in the UK. At present, Robinhood’s crypto services are U.S.-centric, offering trades in popular cryptocurrencies such as Bitcoin, Ethereum and Dogecoin. However, it’s worth noting that Robinhood took a conservative turn ...

OKX’s eleventh Proof-of-Reserves report reveals marked growth in user-held assets and incorporates ETH 2.0 staking data for the first time. Leading crypto exchange OKX has unveiled its eleventh Proof-of-Re serves (POR) certificate. The latest disclosure reveals significant uptrends in user-held assets, especially in the realm of Bitcoin (BTC) and Ethereum (ETH). For the first time, the exchange’s POR report incorporates figures related to ETH 2.0 staking , accounting for a staggering 41.8% surge in user ETH assets. A deeper dive: understanding the numbers The current disclosure shows the exchange holds a BTC reserve ratio of 102%. The total BTC assets held by users stood at 142,635, marking an increase of 7,376 BTC since the previous report.  Most notably, the report includes ETH 2.0 staking data for the first time. The ETH reserve ratio is 103%. User-held ETH assets have skyrocketed to 1,370,982, a 41.8% growth driven in part by the inclusion of ETH 2.0 stakin...

Although the cryptocurrency market is full of assets of various shapes and sizes, with different utilities and investor appeal, not all of them present an equally good opportunity to invest at all times. In fact, some might be wise to outright avoid trading, at least for the time being. Relying on indicators such as cryptocurrency ratings, price history, and recent developments around specific crypto assets, Finbold has arrived at the list of three such market participants that might be a good idea to avoid during the week starting May 22. Kusama (KSM) A regular sight in the ‘avoid for now’ lists, Kusama (KSM) has slightly improved its adoption and technological development compared to April, but it still remains ‘very weak’ in this department, earning it an ‘E’ grade from the Weiss Crypto Ratings as of May 19. Despite gaining 3.33% in its price in the last seven days, the pre-production blockchain version of the Polkadot (DOT) ecosystem has continued on its downward path, which ...

Luxembourg-based crypto exchange Bitstamp will suspend trading of seven major alt coins for US customers starting Aug. 29, 2023. The affected cryptocurrencies include Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL). After Aug. 29, all trading with these altcoins will be halted. Update for our US users Starting August 29: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected. More info:… — Bitstamp (@Bitstamp) August 8, 2023 Bitstamp clarified that while trading for these tokens will be temporarily halted, users can still retain these assets in their accounts and withdraw them as desired. The decision follows the SEC’s recent allegations that these seven tokens are unregistered securities, as evidenced by complaints filed against major cryptocurrency exc...

The cryptocurrency market is no stranger to swiftly shifting dynamics that can even cause established players to face challenges. Recently, leading cryptocurrencies like polygon (MATIC) and cardano (ADA) posted sharp declines in trading volumes, leaving investors seeking alternative opportunities. Meanwhile,  InQubeta is the latest crypto project that investors are closely watching. InQubeta combines artificial intelligence (AI) and cryptocurrency. The project’s presale is ongoing and has gained the attention of many crypto investors. InQubeta’s vision is to integrate AI and blockchain seamlessly, which could open up exciting opportunities for those involved in the crypto market. In this article, we explore the details of these projects to understand why InQubeta’s QUBE remains strong despite the decrease in activity seen in other leading decentralized finance (DeFi) projects. InQubeta  is leading the way in AI cryptocurrency innovation The ongoing presale of...

Discover nine tech-focused YouTube channels covering topics such as programming, machine learning, cybersecurity, blockchain and Web3. Learning tech via YouTube channels can be a great way to supplement traditional learning methods, as it provides a more interactive and engaging experience. Many YouTube channels dedicated to tech provide in-depth tutorials and explanations of complex concepts in a way that is easy to understand, making it accessible to learners of all skill levels. Additionally, YouTube channels often provide access to industry experts, giving learners the opportunity to learn from individuals with real-world experience and knowledge. For instance, Cointelegraph’s YouTube channel provides news, interviews and Analysis on the latest developments in the cryptocurrency and Blockchain industries. The channel ’s content is well-produced and Features engaging visuals, making it an accessible and entertaining way to learn about these topics. Here are nine other YouTube c...

Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance. A Delaware company is seeking registration with the United States Securities and Exchange Commission (SEC) to carry out over-the-counter (OTC) stock trading on-chain.  BlackStar Enterprise Group has been developing the platform since 2018 and spent almost two years in communication with the regulator, answering dozens of questions and comments from examiners. Recently, the company has taken the next step in providing a detailed plan to the SEC Trading and Market division about how its platforms will be operated. BlackStar CEO Joseph Kurczodyna told Cointelegraph that he sought the SEC’s permission to build the platform’s demo in 2018. “We have proved that U.S. registered securities can be traded digitally on a blockchain, that the process is compliant with broker dealers’ back-office and SEC rules," co...

The newly merged cryptocurrency trading platform has a total of 1.65 million registered users. Canadian-based companies WonderFi Technologies Inc., Coinsquare Ltd., and CoinSmart Financial Inc. have announced their merger to create Canada's largest regulated crypto asset trading platform with over 1.65 million registered users.  The newly merged company will offer Canadians a wide range of diversified products and services, including retail and institutional crypto trading, staking products, business-to-business crypto payment processing, sports betting, and gaming. The newly-merged company "will have transacted over $17 billion since 2017 and have over $600 million in assets under custody," the announcement said. PRESS RELEASE: WonderFi, Coinsquare and CoinSmart to Combine to Create Canada's Largest Regulated Crypto Asset Trading Platform with 1.65 Million Registered Users FULL DETAILS: https://t.co/wnETQ4YOOr pic.twitter.com/8SxdssHW2A — WonderFi (@WonderFi) April ...