Bitcoin Rally: What’s Driving the 2023 Rise?
The historically positive quarter for bitcoin is coming to an end, and it has kept its cyclic pattern this year as well. On Dec. 9, the coin broke its almost two-year record, reaching $44,705. Despite the correction that followed, one can say that its price…
Changpeng Zhao stepped down as head of Binance exchange
Not a few weeks after FTX founder Sam Bankman-Fried was found guilty of fraud and conspiracy, there is a new criminal trial in the crypto community, but with the founder of another exchange, Binance. Changpeng Zhao’s resignation and the head of Binance On November 21,…
ETF Approval: What Could It Mean for the Cryptocurrency Market?
Traders were buzzing with optimism last couple weeks as recent industry updates hint at potential approvals for crypto spot ETFs. Towards the end of October, Grayscale, an asset management company, won against the SEC (U.S. Securities and Exchange Commission), and the regulator decided not to appeal…
Demystifying Crypto Market Spoofing
In the fast-paced and ever-changing domain of cryptocurrencies, market manipulation tactics are a pressing concern. One such method, “spoofing,” has garnered attention for its deceptive nature. This article aims to shed light on the concept of spoofing in the crypto market, exploring its techniques, impact,…
Shedding Light on Wash Trading in the Cryptocurrency Market
Within the realm of cryptocurrencies, a concerning practice has emerged that threatens the integrity of the market: wash trading. This deceptive maneuver involves creating artificial trading activity to manipulate perceptions of market demand and liquidity. In this article, we delve into the mechanics, motivations, and…
What are Crypto Index Funds in 2023?
The rapid growth and increasing popularity of cryptocurrencies have transformed the investment landscape, prompting investors to seek novel ways to participate in the digital asset market. One such avenue is through crypto index funds, which provide a diversified and passive investment approach. In this comprehensive…