Crypto News

Fibonacci Retracement: A Trader’s Compass in the Bitcoin Market

In the world of bitcoin trading, identifying key price levels can be the difference between a profitable decision and a costly error. Among the arsenal of tools available to technical analysts, Fibonacci retracement stands out for its mathematical elegance and practical reliability. Fibonacci Retracement and Why It Matters Fibonacci retracement is a technical analysis toolSource link

XRP Futures Rack Up $1.5M Trading Volumes on CME Debut

XRP futures contracts began trading on CME Group’s derivatives platform on May 19, recording at least $1.5 million in trading volume during the first session, a modest but notable debut for the major token.CME data shows 4 standard contracts (each representing 50,000 XRP) traded on day one, totaling around $480,000 in notional volume at an average price of $2.40. The majority of activity came from 106 micro contracts (2,500 XRP each), accounting for over $1 million in additional volume.The contracts are cash-settled and benchmarked to the CME CF XRP-Dollar Reference Rate, which is published daily at 4:00 P.M. London time. CME’s dual contract structure is designed to attract both institutional players and smaller participants, offering flexibility for various hedging and...

Genesis Sues DCG, Seeks Recovery of Over $3.1B in Note and Asset Transfers

Genesis is suing DCG and CEO Barry Silbert to recover over $3.1 billion, alleging fraud, self-dealing, and improper asset transfers.Source link

Telegram’s Durov Calls out French ‘Manipulation’ Over Censorship Demand

Telegram fiercely rejects alleged French intel pressure to censor conservatives, exposing explosive claims of European election meddling and reaffirming its uncompromising stance on free speech. Telegram Refuses to Be Europe’s Political Weapon Telegram founder Pavel Durov revealed on May 19 that French intelligence sought to interfere in Romania’s presidential election by pressuring him to censorSource link

Trump Signs Bipartisan Act Targeting Deepfake Abuse and Online Exploitation

The New law makes non-consensual intimate images and deepfake porn a federal crime, requiring tech companies to take down images when asked.Source link