Through analysis of Bitcoin futures leverage, spot market order books, and psychological trading levels, I created a set of channels that have proved surprisingly resilient over the past six months. I’ve not day traded crypto since 2021, focusing instead on dollar cost averaging into Bitcoin daily. The removal of the emotional aspect of trading allowed The post Bitcoin channel predictions align with market movements over 6 months appeared first on CryptoSlate.

Rugging, a term for deceptive and fraudulent crypto practices, is rampant in some areas of the crypto industry, with some individuals, like the self-proclaimed meme coin rugger “Phantom,” exploiting vulnerabilities to generate significant profits. Phantom, an anonymous crypto trader, revealed how he exploits the meme coin market on Pump.Fun to amass substantial profits, averaging 400 The post How traders make over $60k per week rugging 98% of memecoins on PumpFun appeared first on CryptoSlate.

Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.5 billion and enhances its capability to serve European investors with institutional-grade products. The acquisition includes Europe’s largest physical Bitcoin The post Bitwise AUM surpasses $4.5 billion, expands to Europe with ETC Group purchase appeared first on CryptoSlate.

The decentralized prediction market platform Polymarket is seeing significant activity as traders speculate on the 2024 US presidential election outcomes between Kamala Harris and Donald Trump. The total volume has now reached $638,887,107, with $72 million for Harris and $80 million for Trump. Unlike traditional betting platforms, Polymarket allows users to buy and sell positions The post Bettors take profits causing US election odds to plummet on Polymarket appeared first on CryptoSlate.

MIMOS Berhad, the research and development division of the Malaysian Government, has formalized a partnership with the Worldcoin Foundation, Tools for Humanity (TFH), and MyEG. The collaboration aims to integrate Worldcoin’s technology into Malaysia’s digital infrastructure, focusing on enhancing digital credentials and validating digital proof of humanness in the era of artificial intelligence. The memorandum The post Malaysian Government adopts Worldcoin for proof of humanity digital identification appeared first on CryptoSlate.