Three months after being elected into power, the Australian Labor Party (ALP) has finally broken its silence on how it’s planning to approach crypto regulation. Treasurer Jim Chalmers announced a “token mapping”…
Symmetrical Triangle Definition
What is a symmetrical triangle A symmetric triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should converge at…
CD Rate Trends, Week of August 1, 2022: Rates rise
CD duration Last week’s best national rate Best national rate of the week To change 6 months 3.01% APY 3.01% APY No change 1 year 2.70% APY 3.00% APY +0.30 2 years…
Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from Ether (ETH) into Bitcoin (BTC) using renBTC and Bitcoin privacy tools Blender and…
A Different View Of The Markets
Nicolellis range bars were developed in the mid-1990s by Vicente Nicolellis, a Brazilian trader and broker who spent over a decade running a trading desk in Sao Paulo. Local markets at the…
Fragmentation Definition
What is Fragmentation? The term fragmentation refers to a supply chain divided into different parts. In simple terms, companies divide the production process between different suppliers and manufacturers when they fragment. Thus,…
Hackers exploit zero-day bug to steal from General Bytes Bitcoin ATMs
Bitcoin ATM manufacturer General Bytes had its servers compromised via a zero-day attack on Thursday that enabled hackers to make themselves the default administrators and modify settings so that all funds would…
Peak-and-Trough Analysis
Peaks and troughs are patterns that are developed by the price action experienced by all securities. As we know, prices never move in a straight line, whether in an uptrend or a…
Industrial Bank Definition
An industrial bank is a state-chartered financial institution, usually owned by a commercial enterprise, that is not regulated by a federal banking agency. Industrial banks accept deposits from customers and provide loans…