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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...

Reddit’s r/CryptoCurrency community removes moderators accused of insider trading

r/CryptoCurrency removes moderators for MOON token insider trading. Insider trading led to an 85% token price drop, sparking debates. MOON token’s future remains uncertain, with discussions and pending decisions. In a recent development within the r/CryptoCurrency subreddit, a community of 6.9 million crypto enthusiasts, a group of moderators has been ousted for alleged insider trading of MOON tokens. This incident has stirred a flurry of discussions within the crypto community, raising questions about fairness, transparency, and regulatory actions. Moderators removed amid insider trading accusations Last Tuesday, Reddit announced its decision to terminate the “Community Points” program – a blockchain-based system designed to reward content creators and developers. This program allowed users to earn and spend community points using native tokens like MOON. However, a significant controversy erupted when it was revealed that some...

Kraken expands offerings in crypto derivatives, adds PayPal support in Europe and UK

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Kraken, a crypto exchange, is making strategic moves to broaden its offerings in trading and payment. After FTX’s downfall last November, Kraken’s subsidiary Crypto Facilities aims to target the lucrative derivatives sector, which had $1.85 trillion in trading volume across centralized exchanges last month alone. Concurrently, Kraken is also widening its payment methods, introducing PayPal deposits for its UK and European customers. Crypto Facilities, acquired by Kraken in 2019, is presently in talks with the UK’s Financial Conduct Authority (FCA) for permission to expand its custodial services, Bloomberg reported on Sep. 7. The London-based unit is eyeing the opportunity to offer futures contracts denominated in fiat currencies like euros and pounds, an expansion over its existing multilateral trading facility license granted in 2020. Mark Jennings, CEO of Crypto Facilities, envisions these expansions to materialize within six to 12 months. However, he remains...

5 reasons why the Aptos (APT) rally could still have wings

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Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price. Aptos (APT) reached a new all-time high of $20.39 after posting gains exceeding 400% since the start of 2023. While the rally could just be a pump-and-dump event due to the perception of weak fundamentals, increasing negative sentiment toward the token will likely fuel the prices in the short term. Let’s explore some of the factors that could be propelling the Aptos price rally. A rich history and strong investor backing Aptos is a byproduct of Facebook’s attempt with the Libra blockchain, which regulators forcibly shut down. Two of Libra’s leadership team members, Mo Shaikh and Avery Ching, later found Aptos, a decentralized version of the abandoned blockchain project. The Move programming language-based project introduces a new class of Layer-1 blockchains that will compete against the likes of Solana and Cardano. Investors’ hope for a technological breakthrough, Aptos that...