Beyond the $1.1 million unrealized profit, the trader earned over $680,000 worth of funding fees on his short position, ripe for liquidation above $4,750. Read More at https://cointelegraph.com/news/crypto-trader-makes-1-1m-ether-short-leveraged-trade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin price dips 4% as TradingView 'glitch' sends dominance to zero
BTC price stability wobbles in what appears to be a knee-jerk response to erroneous Bitcoin dominance data. Read More at https://cointelegraph.com/news/bitcoin-price-dips-4-tradingview-glitch-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea sanctions 15 North Koreans for crypto heists and cyber theft
The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapon development program in Pyongyang. Read More at https://cointelegraph.com/news/south-korea-sanctions-15-north-koreans-crypto-heists-cyber-theft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What is a bull trap, explained
A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall. Read More at https://cointelegraph.com/explained/what-is-a-bull-trap-and-how-to-identify-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong stablecoins bill advances to the Legislative Council
The bill includes licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protections. Read More at https://cointelegraph.com/news/hong-kong-stablecoins-bill-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan PM not ready to talk about Bitcoin national reserve: Report
The Japanese prime minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve. Read More at https://cointelegraph.com/news/japan-government-yet-to-express-views-bitcoin-reserve?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Yat Siu X account breach likely part of a string of recent hacks: ZachXBT
The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be the latest in a string of similar hacks in the past month. Read More at https://cointelegraph.com/news/yat-siu-x-hack-latest-in-hacking-spree-zachxbt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hacked crypto exchange DMM seals deal with SBI, accounts to open March
SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March. Read More at https://cointelegraph.com/news/dmm-transfer-deal-sbi-accounts-open-march?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance Bitcoin reserves hits January levels — months before BTC jumped 90%
Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself? Read More at https://cointelegraph.com/news/binance-bitcoin-reserve-plummet-what-that-means-for-btc-price-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cryptocurrency investment should favor emerging markets
Crypto investment should more closely follow adoption patterns in emerging markets. Read More at https://cointelegraph.com/news/crypto-investment-should-favor-emerging-markets-where-adoption-is-strongest?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound