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The spinning top candle is a key tool in technical analysis, highlighting moments of market indecision. This article explores what spinning tops represent, how they differ from similar patterns, and how traders can interpret them to refine their strategies across various market conditions. What Does a Spinning Top Candlestick Mean? A spinning top is a…
Reading Time: 2 minutes Criminals moved over $40 billion in crypto in 2024 according to Chainalysis Chainalysis said the amount may reach over $50 billion as more illicit transactions are discovered The funds were linked to groups conducting money laundering, scams, and extortion A report by blockchain analytics firm Chainalysis has disclosed that criminals moved…
NASA, the United States’ space agency, has teamed up with Epic Games, the creator of Fortnite, to offer a challenge for developers to help create a Martian metaverse experience. Among the challenges will be building numerous essential habitats for Martian astronauts, which will be recreated using Epic Games’ Unreal Engine 5 to provide a realistic environment. …
The Kazakh government is considering a three-pronged proposal designed to make crypto miners pay much more for operating in the country, which could make Kazakhstan less attractive to the industry. On Feb. 4, Kazakhstan’s First Vice Minister of Finance, Marat Sultangaziyev, proposed a price increase from $0.0023 per Kwh to $0.01 (around a 335% increase) specifically for…
Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight. Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token Friday night, calling it his “official” memecoin. The choice…
As the decentralized finance (DeFi) ecosystem continues to evolve, platforms like Azura are gaining attention for their innovative solutions to common trading challenges. Azura positions itself as a full-stack trading platform, seamlessly integrating popular DeFi protocols across multiple blockchains. In this article, we’ll explore what sets Azura apart, how its Azurite rewards system works, and…
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change in the price movements to evaluate assets overvalued or undervalued conditions. How to read RSI: The RSI is displayed as a line chart that oscillates between 0 and 100 scale. Traditionally…
Starting in 2025, cryptocurrency transactions on centralized exchanges (CEX) will fall under new IRS reporting requirements, marking a significant shift for digital asset investors. These changes mean that transactions conducted through custodial accounts on platforms like Coinbase and Gemini will now be subject to third-party reporting for the first time. New IRS Rules According to…
The deputy finance minister Alexei Moiseev told reporters on Tuesday that Russia acclaims its position not to ban cryptocurrencies. According to a report, Russia is not planning to ban cryptocurrencies soon like the Chinese government did last summer. The deputy minister of finance, Moiseev, said the government had no plans to impose a China-style ban…
The cryptocurrency market has grown exponentially over the last decade, and altcoins have become an integral part of this ecosystem. Whether you are a seasoned trader or a beginner looking to dive into the world of altcoins, choosing the right cryptocurrency exchange is critical. This guide will provide a detailed overview of the best exchanges…
