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Technical Analysis: What Do Bitcoin Traders Need To Know Right Now?


Source: Pixabay Bitcoin prices have been trading north of $28,000 lately, as the cryptocurrency fluctuates within a reasonably well-defined range.  The digital currency has experienced some minor price gyrations in the last few days, but it has remained stuck below $29,000, according to Coinbase...

Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions


In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...

Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network


Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...

Bitfinex’s Role in Taming Crypto Market Volatility: Resilience at Its Core


Understanding volatility in the crypto market The world of cryptocurrencies is known for its volatility, with prices fluctuating wildly within short periods. For traders, the ability to navigate and even capitalize on this is crucial to success. Understanding volatility in the crypto market is...

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