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Community-powered crypto trading: CryptoRobotics joins Cointelegraph Accelerator

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CryptoRobotics, a one-stop-shop trading platform, offers trading bots, autostrategies and signals while fostering a community-driven mission to outperform the market. Crypto market charts can make traders feel exhausted just by looking at them, and chances are high that this contributed to the prolonged bear season. After experiencing historic lows for well over a year, both first-timers and experienced traders are looking for ways to stay afloat in the crypto market, and it might feel like a never-ending grind. In times like these, when individual efforts and manual orders hardly yield results due to the unpredictability of the market, it’s crucial for traders to get together and learn from each other. Adding a social aspect to crypto trading might be the answer, and one project aims to do that. CryptoRobotics offers automated trading on cryptocurrency exchanges, enabling users to implement popular strategies. Their cloud-based technology allows traders to execute trades simultaneo...

Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval

Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days for final approval or denial — until March 2024. Spot Bitcoin (BTC) exchange-traded fund applications from several firms have been published on the Federal Register, moving them one step along in the United States Securities and Exchange Commission’s (SEC) process. According to records updated July 19, the Federal Register received notices of proposed rule changes allowing BTC exchange-traded fund (ETF) applications from BlackRock, Fidelity, Invesco Galaxy, VanEck, and WisdomTree. Publishing the applications in the official journal of the U.S. government gives the SEC a window of opportunity to accept or reject the request, extend the time allowed, or open the application for public comment. UPDATE: Not much of one though... As predicted and as expected those #Bitcoin ETF applications all hit the federal register today. BlackRock, VanEck, WisdomTree, Fidelity, and Invesco/Galaxy...

Bitcoin’s pre-halving rally may start soon — Here’s why

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On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if this is your last chance to buy Bitcoin on the cheap as the Bitcoin pre-halving rally may be right around the corner. In the latest episode of The Market Report , Cointelegraph analyst and writer Marcel Pechman discusses Standard Chartered bank’s $120,000 Bitcoin price expectation based on the halving impact. According to the report, increased miner profitability due to a pre- halving rally would “reduce the net BTC supply.” Pechman, on the other hand, doesn’t acknowledge the thesis, given that the mining difficulty will continue to increase and the news confirming Riot Platform’s investment in new ASIC equipment. In fact, the mining difficulty increased by 73% in the last 12 months, while the Bitcoin (BTC) price increased by 58%. Regarding the $50,000 Bitcoin year-end price prediction, Pechman believes the number is too optimistic, given the low odds of a spot Bitcoin exchange-traded fund (ET...