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…
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 Reflection Tokens in Crypto, and How Do They Work?
Cryptocurrencies have become a hot topic in recent years, with various innovative concepts and technologies emerging within the space. Reflection tokens have gained popularity for their unique mechanism of rewarding holders with additional tokens for simply holding their investment. In this article, we’ll delve into…
Integrating Dow Theory in Crypto Trading: A Paradigm Shift for Enhanced Decision-Making
What is Dow Theory? In the realm of crypto trading, where volatility reigns supreme, traders are in constant pursuit of innovative strategies that can provide them with a competitive edge. The adoption of Dow Theory, originally developed for traditional stock market analysis, has emerged as…
Elliott Wave Theory: Exploring the Fundamentals and Its Utilization in Crypto Trading
Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, is a popular technical analysis tool used to analyze price movements in financial markets. While initially applied to traditional markets such as stocks and commodities, Elliott Wave Theory has also found its place in…