Tags : Double

Market

Tushar Aggarwal on double dipping in DeFi – Cointelegraph Magazine

Proof-of-stake protocols were designed to encourage users to lock up their coins, but synthetic assets are circumventing that design to allow double-dipping in DeFi.  One of Forbes’ 30 Under 30 in Asia, Tushar Aggarwal wears many hats: He started the crypto podcast Decrypt Asia, works as a venture scout with LuneX Ventures, and runs Persistence, […]Read More

Bitcoin

Call for A $46,000 Bitcoin Emerge on Double Top Breakdown

Bitcoin bulls should prepare for a shock as a confluence of technical indicators readies to send the cryptocurrency price to $46,000. According to independent market analyst Jonny Moe, the BTC/USD exchange rate risks declining to the said level as it declines below the price floors of two classic technical patterns: Double Top and Descending Triangle. […]Read More

Bitcoin

Bitcoin Shows Double Bullish Confluence; Next Target: $50,000

A confluence of two classic technical indicators suggests Bitcoin will hit $50,000 in the short-term. Dubbed as Bull Flag and Bull Pennant, both the patterns represent a period of consolidation after a strong uptrend, except with different structures. For instance, Bull Flags appear like downward sloping channels, wherein an asset moves lower while leaving behind […]Read More

Bitcoin

Double Spend FUD Crashes Bitcoin Below $30,000; Return of Bear

Bitcoin crashed below $30,000 on Friday as traders panicked about a technical flaw that allows people to spend the same cryptocurrency unit twice. Google Trends for the keyword “Double Spend”—as the flaw is called—reached a perfect score of 100. This escalated quickly! #FUD #Bitcoin pic.twitter.com/Nkx95vy4QF — Ciara Sun (@CiaraHuobi) January 22, 2021 According to BitMEX […]Read More