Taproot: higher privacy, but is there no need to look deeper?

taproot, Bitcoin

Taproot is something that is highly sought after in BTC. Why? Because it’s quite possible that Bitcoin will one day do more than just store value. Recently, Taproot, the most significant enhancement to the BTC code, received key approval. This is a code improvement that has been in the works for over 3 years. Let’s

Hot news: The PBoC issued a statement about cryptocurrency-related services

PBoC, taxes, BTC

Key message: The PBoC recently convened a meeting involving the country’s major lenders (Industrial and Commercial Bank of China and Agricultural Bank of China) and payment platforms (Alipay), urging them to stop providing cryptocurrency-related services. The statement was subsequently rescinded.  The PBoC and the cryptocurrency ban In the statement, the PBoC summarized the directive to

Week 25 – Overview of fundamentals and markets

trading, week 25

Welcome to our weekly brief. Here you will find what is going on on the markets and what are expected events in week 25.  Fundamentals and expected events: week 25 Crypto markets: The latest market dip from the last weekend appears to have been triggered by Agricultural Bank of China, the third largest bank in the

Platon Trading Academy 21.06.: DOGE, MATIC

predictions, cryptocurrencies, DOGE

Platon Trading Academy presents a brief overview of what will be today’s daily trading session about. MATIC/USD Matic continues the “squeeze” within the triangle pattern and the break out of it will be significant. Lets wait for the B-H-G pattern on the support or resistance and take that direction. DOGE/USD We had a bearish breakdown on

Russia is abandoning the US dollar, what’s behind it?

dollar, passive

In early June 2021, the Russian Finance Minister said that the oil fund of the National Welfare Fund will completely get rid of its exposure to the US dollar. We are talking more specifically about $40 billion. Russia thus plans to switch to the euro, the digital yuan and to gold. Let’s take a look

Hot news: China bans Bitcoin mining in another province

mining china

Key message: The authorities of China have ordered energy companies to stop servicing mining firms. This news was spread by journalist Colin Wu, who covers the crypto space in China. Sichuan authorities issued an official document today, June 18, asking energy companies to stop servicing such firms and report back by the end of the

Platon Trading Academy 18.06.: WAVES, XLM

market, week 21, XLM

Platon Trading Academy presents a brief overview of what will be today’s daily trading session about. WAVES/USD Wonderful B-H-G setup in confluence with trend line and also EMA 13-19. Also most cryptos are in a pullback – bearish move today, so when something moves in a different direction, like WAVES today, its a very interesting setup

China controls food prices, but what’s really behind it?

china, DCEP

China, even after high inflation and the collapse of the Lehman Bank, is introducing price controls, approved by the National Development and Reform Commission and 11 ministries, including the Ministry of Finance. China attaches great importance to controlling the price of basic groceries. Let’s take a look at it. Price control, why? Prices are prone

Hot News: Victims of the Ledger personal data leak received mysterious packages

survey, week 02, ledger

Key message: Users, who were affected by the Ledger data leak late last year, are now getting suspicious hardware devices in the mail. But the problem is that they didn’t purchase any Ledger and the wallets sent to them have strange markings. This experience was shared by a contributor on Reddit. Ledger hacking attack A