Coinrule

SEC Ends Paxos Crypto Investigation

By Oleg Giberstein | July 15, 2024January 24, 2025 by Oleg Giberstein

On July 9, Paxos, a leading regulated blockchain infrastructure platform, received a “formal termination notice” from the U.S. Securities and Exchange Commission (SEC). This notice confirmed that the SEC would not recommend enforcement action against Paxos in its investigation of the BUSD token. The conclusion of this investigation marks a significant milestone for Paxos and the broader crypto market. Background on Paxos Founded in 2012, Paxos has become a leading regulated blockchain and tokenization…

Crypto Automated Trading

Bitcoin Patience: Navigating Post-Bitcoin Rally Challenges

By Oleg Giberstein | July 12, 2024July 26, 2024 by Oleg Giberstein

It is easy to tell the story of Bitcoin’s price movement this year. We first saw a nearly parabolic rise in price following the ETF approval. Bitcoin’s value then fluctuated between $60,000 and $70,000 for several months. Momentum was building up for a breakout either upwards or downwards. The more the traditionally slower summer months approached, the less likely another upward move became. Now that we have seen a clear break below $60,000, any bullish momentum is over. Now, patience…

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Solana Introduces Blinks: A Transaction System That Can Live Anywhere

By Oleg Giberstein | June 27, 2024January 24, 2025 by Oleg Giberstein

Solana, a major player in the blockchain industry, is revolutionizing crypto transactions with its latest innovation: Blinks and Actions. These tools aim to make blockchain interactions as seamless as sharing a link on social media, promising a more accessible and integrated crypto experience for users. What Are Solana Blinks and Actions? Developed by the Solana Foundation in collaboration with Dialect, Blinks and Actions are designed to simplify blockchain transactions. These features allow users to…

Crypto Automated Trading

Summer Red: Bitcoin’s Retreat and the Impact of Mt. Gox

By Oleg Giberstein | June 27, 2024July 26, 2024 by Oleg Giberstein

The bull market of 2024 has lost steam because of the Bitcoin release by Mt. Gox. Bitcoin’s price, which was initially pushed up by ETF flow and the momentum surrounding its halving, has been slowly retreating since it briefly reached a new all-time high in March this year. Altcoins are mostly experiencing a depressing market in 2024. Except for a brief memecoin frenzy, the prices of most projects have steadily declined since early in the year. The market is…

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Deutsche Telekom Dives into Bitcoin Mining

By Oleg Giberstein | June 18, 2024January 24, 2025 by Oleg Giberstein

In a groundbreaking announcement at the BTC Prague conference, Deutsche Telekom, Europe’s largest telecom provider and parent of T-Mobile, revealed its plans to enter the Bitcoin mining industry. Dirk Röder, head of Web3 infrastructure at Deutsche Telekom’s subsidiary T-Systems MMS, shared the company’s vision of not just mining Bitcoin but also innovating how it’s done. With its global network and technological expertise, Deutsche Telekom sees this move as a natural extension of its services. …

Announcements

Protect Yourself from Coinrule Web3 Impersonation Scheme

By Oleg Giberstein | June 18, 2024August 23, 2024 by Oleg Giberstein

Protect Yourself from Fraudulent Websites In the rapidly evolving world of cryptocurrency, scams are becoming increasingly sophisticated. One particular threat that Coinrule users should be aware of is the emergence of fraudulent websites impersonating our platform. These malicious sites, often using names like “Coinrule-web3,” are designed to deceive and exploit unsuspecting users. This article aims to raise awareness about web3 scam sites and provide essential tips to help you stay safe. What is the…

Trading Tips

How to Choose the Best Crypto Trading Platform

By Hendi Wishnu | June 15, 2024July 26, 2024 by Hendi Wishnu

Imagine a situation: you suddenly need to start trading cryptocurrencies. What do you do? There are several trading platforms available, each with its advantages and disadvantages. Firstly, centralized exchanges (CEX) are reliable and user-friendly, but they require account verification and may have security concerns. Secondly, decentralized exchanges (DEX) offer more privacy and control but can be complex for beginners. Today, we will delve deeper into how to choose the best crypto trading platform. Key Factors…

Crypto Automated Trading

Crypto Echo Bubble in 2024: Is the Market Setup Turning Bullish?

By Oleg Giberstein | June 13, 2024July 26, 2024 by Oleg Giberstein

An Echo Bubble is not a concept familiar to traditional finance traders. In crypto, the concept of echo-bubble was popularised by the famous trader GCR. It’s the idea that a mini-bubble ‘echoes’ a previous big bubble in a subsequent period. In 2019, the markets saw a short-lived crypto echo-bubble that followed the 2017 rally. Given how immense the 2021 Bitcoin and the crypto market grew into an All-Time High (ATH), many traders anticipated a significant…

Crypto Automated Trading

ByBit Futures Automated Trading Now Live on Coinrule

By Oleg Giberstein | June 12, 2024July 26, 2024 by Oleg Giberstein

We are excited to announce that Coinrule has integrated support for Bybit Futures, enhancing our platform’s offerings and giving our users even more flexibility to automate their Futures trading strategies efficiently. What Does This Mean for Coinrule Users? Leverage Trading Bybit Futures support introduces one of the largest leverage trading exchanges to Coinrule users, allowing them to control larger positions with smaller capital. Leveraged trading can amplify profits, and Coinrule users can now explore…

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Crypto Culture Wars Are Heating Up

By Oleg Giberstein | June 10, 2024January 24, 2025 by Oleg Giberstein

The crypto space is no stranger to drama, even during the typically slower summer months. Recently, a new rift has emerged within the crypto community, pitting early builders and developers (often called “OGs”) against rising stars exploring novel uses for blockchain technology. This clash highlights the evolving dynamics of crypto culture, driven by the rise of “Celebrity Coins” and debates over the core values of the industry. The Rise of Celebrity Coins The latest…