Author: CryptoHoppers
In the majority of crypto trading situations, traders often misunderstand signals provided by trading indicators. When an indicator is simple and easy-to-use, the chances of this misunderstanding increase. When asked to name such a simple yet confusing indicator, the first name that comes to mind is the Parabolic SAR. It is certainly one of the most misunderstood indicators. Let’s take a closer look at this indicator to ensure that you no longer misinterpret its signals. 1. Parabolic SAR: A Simple Definition The Parabolic SAR, or Parabolic Stop and Reverse, developed by J. Welles Wilder, the creator of popular indicator RSI, is a…
Top Stories This Week Sam Bankman-Fried takes the stand on FTX’s collapse Sam “SBF” Bankman-Fried testified this week in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research while acknowledging making “big mistakes” during the companies’ explosive growth. Highlights of his testimony include denying directing his inner circle to make significant political donations in 2021, as well as claims that FTX’s terms of use covered transactions between Alameda and the crypto exchange. Additionally, Bankman-Fried testified that he requested additional hedging strategies for Alameda in 2021 and 2022, but they were…
Following the farming period, Binance is all set to list MEME on November 3, 2023, at 08:00 (UTC). Binance, one of the world’s leading crypto exchanges, is excited to announce Memecoin (MEME) as its 39th project on Binance Launchpool. MEME is the native ecosystem token of Memeland, a Web3 venture studio created by 9GAG, the globally popular meme platform. Memecoin on Binance Launchpool Starting today, Binance users will have the opportunity to stake their Binance Coin (BNB), TUSD (TrueUSD), and FDUSD into separate pools to farm MEME tokens. This farming adventure will extend over 30 days, offering crypto enthusiasts the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Blockchain technology has long held the promise of decentralization, offering the potential to redefine how we interact with data, value, and trust. As this technology continues to emerge fast, the concept of “home staking” emerges as a powerful force that has the potential to reshape the landscape of blockchain networks. This begs the question: How does home staking empower the masses, and why is it crucial for the web3 ecosystem in the present and future? At its…
The first thing a new cryptocurrency trader should understand is that they should never let their emotions affect their trading decisions. Traders often forget this when assessing the strength of a trend. If a trader rely on non-emotional factors, like indicators, they can avoid making mistakes. This is where the importance of indicators like Aroon, which can accurately measure the strength of a trend, becomes relevant. Let’s explore this interesting indicator in more detail.1. Aroon Indicator: All You Should Know The Aroon indicator, created by Tushar Chande in 1995, assesses a trend’s strength by considering how long an asset’s price stays…
The recently concluded second edition of Paris+ par Art Basel has set a new milestone for the ever-evolving art market in Paris, solidifying the French capital’s role as an indispensable hub in the global art ecosystem. Hosted from October 20 to 22, 2023, at the Grand Palais Éphémère, the event featured a compelling blend of 154 preeminent galleries, including 61 based in France. With its public programming spanning across six iconic locations in Paris and a visitor count of 38,000, it was a grand celebration of art and culture. A Tapestry of Artistic Expression The fair offered a rich and…
In the last week, PEPE’s value has increased by over 80%. Analysts believe that it marks the beginning of an impending general pullback in the market. Pepe [PEPE] and Floki [FLOKI] meme coins have led the rally in the cryptocurrency market over the past week, both climbing by over 80%, data from CoinMarketCap showed. Is your portfolio green? Check the Pepe Profit Calculator However, in a recent post on X (formerly Twitter), crypto analyst Ran Neuner warned that this could be a sign of an upcoming pullback in the general market. If you want to know when a pull back is…
London, United Kingdom, October 26th, 2023, Chainwire XETA Genesis is a DeFi platform that has been delivering monthly returns of up to 20% to investors in a year. XETA Genesis was launched as XETA Capital in July 2022, under the leadership of Gavin Minty and the X user known as @Shotime2kX. The project has built a community of around 15,000 followers on X and 2,000 members on Discord since its inception. The consistent performance of XETA Genesis can be attributed to high-frequency trading algorithms. The project applies it across a diverse spectrum of financial markets – forex, gold futures, gold…
An interesting fact about oscillators as technical indicators is that we have not yet fully uncovered their complete potential. One of the most prominent oscillators in this regard is the Stochastic Oscillator (STOCH). This indicator has layers of complexity waiting to be explored, making it a valuable tool for technical analysis. Becoming proficient in using this indicator can give you a significant advantage over others in the field, providing you with a strong skill. Let’s learn the Stochastic Oscillator to acquire one of the most valuable analytical skills you can possess to excel in this sector.1. Stochastic Oscillator: What You…
The protocol wants to assist in gas fee reduction for L2 transactions. Development activity on the network dropped but there are upcoming node changes. On 26 October, BNB Chain announced that it has fixed a date for the Fermat hard fork testnet. According to BNB Chain, which is a cross-chain smart contract protocol, the event is billed to happen on 3 November between 14:00 – 14:15 UTC+8 at block height 12113000. Realistic or not, here’s BNB’s market cap in OP terms For context, a hard fork refers to a change in the protocol of a blockchain network that requires users…