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May 18: Are leverage traders waking up from their bad dream on March 12?

May 18: Are leverage traders waking up from their bad dream on March 12?

A sea of green across crypto on Monday Asia morning with BTC recovering close to $10k again from its low on Friday at $9,150. This broad based rally includes some overshoots such as ETH, BSV and BCH all up 6% or more in the last 24 hours. Interesting headline over the weekend that could inflict some short-term pain: another mega $1bn crypto ponzi WoToken has been taken down by the Chinese police.

IEOs are Overhyped? Research Shows That Most IEO Projects are not Profitable

IEOs are Overhyped? Research Shows That Most IEO Projects are not Profitable

Replacing ICO’s is the IEO business model, although a report by Blockshow Capital suggests that it may not be the most profitable investment. In retrospect, Binance has proven to be the best platform to yield profitable returns.

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar session with college students.

Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown

Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown

The coronavirus-induced lockdown has influenced an increased use case of Bitcoin. Sales of video games and cannabis using Bitcoin have seen a significant rise during the lockdown. The pandemic has revealed consumers’ priorities, as online sales of general digital products saw a decline, while video gamers and marijuana users have increasingly turned to Bitcoin during the virus outbreak.

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

The decentralized finance (DeFi) industry has surpassed $9 billion in total value locked (TVL) recently resulting from the latest surge in popularity.

April 21: Essential Oil No More

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

Bitcoin Price Breaks $18,000 and May Plunge Even Further

Bitcoin Price Breaks $18,000 and May Plunge Even Further

Since the Bitcoin price broke the symmetrical triangle and plunged yesterday, the downtrend potential is high.

Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia

Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia

The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.

April 23: ETH Eating The Stablecoin World

April 23: ETH Eating The Stablecoin World

Will ETH-inspired rally continue to drive the market? Will oil stabilize despite a fundamental short-term storage environment with a popular flawed ETF product? Will halvening next month start getting the market excited? Bottom line: mixed messaging.

Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media

Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media

The A-Medicare platform that is engineered through blockchain, artificial intelligence, and other cutting edge technologies has excited Americans based on its quest to make healthcare available and affordable to all citizens.

Ethereum and Formula 1 Racing Team Up for Blockchain-Based Gaming

Ethereum and Formula 1 Racing Team Up for Blockchain-Based Gaming

In-game purchasing and item collection has seen growing popularity in the gaming industry. Gamers are investing time and money into attaining the best items money can buy.

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