Bitcoin Hero Review – Does it Work?

Open An Account

Introduction

In recent years, cryptocurrency trading has grown in popularity. Bitcoin is one of the most popular and traded digital currencies. It can be difficult to identify which Bitcoin trading platform is legit and offers the most benefits and features. Bitcoin Hero is a trading platform that allows users to trade Bitcoin and other cryptocurrency with ease. This review will focus on Bitcoin Hero.

What is Bitcoin Hero?

Bitcoin Hero allows users to trade Bitcoin and other cryptocurrency. It uses advanced algorithms that analyze markets to provide insights and trading signals. It claims that the platform is easy to use, making it possible for beginners to trade easily.

How Bitcoin Hero works

Bitcoin Hero analyzes market data to provide trading signals. The signals can be used to help users decide whether or not they want to take action and trade. To minimize losses, the platform offers stop-loss options.

Bitcoin Hero features and benefits

• Interface that is user-friendly
• Advanced algorithms for market analysis
• Insights and trading signals
• To minimize losses, you can place stop-loss orders
• Platform boasts high success rates

Visit Bitcoin Hero

Is Bitcoin Hero Legit?

As with all trading platforms, there are questions about Bitcoin Hero’s legitimacy. There is ample evidence that the platform is legitimate. It also provides information about the company and the team of experts. You can also find many user reviews and testimonials online.

Legitimacy evidence

This website contains information about the company including its address and registration number. You can also find information about the team behind this platform, which includes developers and traders. Positive user reviews online confirm that the platform works.

Review and testimonials from users

Online user reviews are positive with many praising the platform for its ease-of-use and high success rate. The stop-loss feature helps minimize losses.

Visit Bitcoin Hero

How to Use Bitcoin Hero

Even for novices, using Bitcoin Hero is easy. This is a step by step guide to how to use the platform.

1. Register for an account at the Bitcoin Hero website.
2. You can deposit funds to your account by using any of the payment options.
3. You can set your trading parameters including the trading amount you desire and your stop-loss order.
4. Wait for trading signals.
5. Make a decision about whether you want to take action on trading signals and trades.

Use these tips and tricks to make your experience more enjoyable

• To get an idea of the platform, start with smaller trades before you invest in larger amounts.
• To minimize losses, set stop-loss orders.
• Keep an eye out for changes in the market and adjust your trading parameters if necessary.

Avoid these common mistakes

• You should not invest more than you can afford.
• Failure to place stop-loss orders.
• Trading signals should be ignored and trades made based on emotions.

Prices and fees for Bitcoin Hero

Bitcoin Hero charges a commission for trades that are made via the platform. A commission of 2% is charged for each trade. There are no hidden fees or additional charges.

Comparative analysis with other trading platforms

Bitcoin Hero’s fees, compared to other trading platforms are quite low. While some platforms may charge higher commissions than others, others might have hidden fees or additional costs.

Explanation of pricing structure

The pricing structure of Bitcoin Hero is simple. Each trade is subject to a 2% commission. There are no hidden fees or additional charges.

Bitcoin Hero Security

When it comes to trading platforms, security is of paramount importance. Bitcoin Hero is serious about security and has taken measures to ensure that user information is protected.

How Bitcoin Hero protects your user information

To protect your data, Bitcoin Hero uses SSL encryption. The platform also stores user data on encrypted servers. For added security, the platform requires that users set up two-factor authentication.

Comparative analysis with other trading platforms

Bitcoin Hero’s security features are comparable to those of other trading platforms. It is important to remember to protect yourself online when trading and to be alert for potential security threats.

Bitcoin Hero Customer Support

Any trading platform needs customer support. Bitcoin Hero provides customer support via email and live chat.

Customer support is responsive and available

Support is available via email or live chat 24 hours a day. User reviews have indicated that the support team is helpful and responsive.

Different types of customer support available

Bitcoin Hero provides customer support via email and live chat. At this moment, there is no telephone support.

Customer support experiences from users

Customers have positive experiences with Bitcoin Hero’s customer service team. Many praise their responsiveness, helpfulness, and professionalism.

Bitcoin Hero Pros & Cons

Pros

• Interface that is user-friendly
• Advanced algorithms for market analysis
• Insights and trading signals
• To minimize losses, you can place stop-loss orders
• Low fees

Cons

• No phone support available
• Some users might prefer greater control over their trades

Comparative analysis with other trading platforms

Bitcoin Hero has many features and benefits that are comparable to other trading platforms. Some users might prefer to have more control over their trades, or that provide additional features such as margin trading.

Based on pros and cons, personal recommendations

Bitcoin Hero is a legit and user-friendly platform for trading that offers many benefits and features. Users should be aware that trading online can pose risks.

Bitcoin Hero FAQ

Answers to the most frequently asked questions about Bitcoin Hero

1. Bitcoin Hero scam or legit trading platform?

2. Bitcoin Hero: Can I make money?
   
   Many users have reported making profit through the platform.

3. What is the cost of using Bitcoin Hero?

Bitcoin Hero charges a 2% commission for each trade.

4. Is Bitcoin Hero simple to use?
   
   Yes, the platform can be used by beginners.

5. Is Bitcoin Hero a good company for customer support?
   
   Yes, customers can contact customer service 24/7 via email or live chat. Users report having positive experiences.

6. How does Bitcoin Hero compare with other trading platforms?

Bitcoin Hero has many of the same benefits and features as other trading platforms. However, some users might prefer platforms that allow them to have more control over their trades.

7. What security measures does Bitcoin Hero use?
   
   Bitcoin Hero uses SSL encryption and stores user data on secure servers. Two-factor authentication is required for additional security.

8. Can I withdraw my Bitcoin Hero funds at any time?
   
   Yes. Users can withdraw funds at any time.

9. Is Bitcoin Hero available in my country?

Bitcoin Hero is available in many countries but may not be in all.

10. How can I tell if Bitcoin Hero is right for me?
    
    Do your research to find the best trading platform for you. Before making a decision, consider fees, security measures and customer support.

The News Spy Review: Is it a Scam?

Open An Account

Introduction

With cryptocurrencies becoming increasingly popular, so are trading platforms. The News Spy, a relatively new trading platform, claims it can help traders make profit by analysing market trends and news. We will be reviewing The News Spy and how it works. Finally, we’ll discuss whether or not it is a scam.

What is The News Spy?

The News Spy is an automated trading platform which uses advanced algorithms to analyze news and market trends to help you make profitable trades. It claims to have an over 90% success rate, making it one the most reliable trading platforms on the market. News Spy is simple to use and has a variety of features that allow anyone to trade cryptocurrencies.

How it works

News Spy analyzes market trends and news to find profitable trades. The platform works completely automatically, so no need for any previous experience trading cryptocurrency. The News Spy’s algorithm is based on historical data as well as current market trends. This is why it is so accurate.

The platform features

News Spy has a variety of features that make cryptocurrency trading accessible to all. The platform offers the following features:

• Fully automated trading
• Interface that is user-friendly
• Advanced algorithms
• 24/7 customer support
• Demo account
• Multiple payment options
• Mobile app

Visit The News Spy

How to Use The News Spy

The News Spy is simple to use and anyone can trade cryptocurrencies on the platform. This is a step by step guide to how to sign up for and use The News Spy.

Guideline for signing up

1. Click on the „Sign Up“ button at The News Spy’s website.
2. Please fill in your information, including your name and email address.
3. For your account, create a password.
4. Verify your email address, and your phone number.
5. You can deposit funds to your account by using any of the available payment options.
6. Start trading cryptocurrencies.

How to use the platform for trades

1. Log in to access your account
2. Select the cryptocurrency that you wish to trade.
3. You can set your trading parameters including the amount that you wish to invest, stop loss and profit.
4. News Spy will analyze news and market trends to find profitable trades.
5. The platform will execute the trade automatically on your behalf.

Tips to use The News Spy efficiently

• To get started, you can open a demo account before investing real money.
• To minimize risk and maximize profits, you should always set your stop loss or take profit parameters.
• To adjust your trading parameters, keep an eye out for market news and trends.

Visit The News Spy

Is The News Spy a Scam or True?

There are many people who are skeptical about trading platforms. It’s normal to wonder if The News Spy scams. After testing and researching the platform, we are confident to say that The News Spy can be used by traders to make profitable trades.

Discussion about concerns regarding The News Spy being a fraud

The News Spy is a scam, and people are concerned about the following:

• Transparency is lacking
• High success rate
• Profits are not guaranteed

Common misconceptions addressed

• Transparency: The News Spy is open about its trading algorithm, and how it works. A demo account is available on the platform that allows users to try it out before investing real money.
• High success rate: The News Spy has a high success rate due to its advanced trading algorithm that is based upon historical data and market trends.
• Profits are not guaranteed: The News Spy can’t guarantee profits but it can help traders make profitable trades through analysis of market trends and news.

Supporting the legitimacy of The News Spy by providing evidence

The News Spy has received many positive reviews from users and is featured in respected media outlets. The News Spy offers a demo account and a transparent trading algorithm, which are clear indicators that it is legitimate.

User Reviews

The News Spy users have shared their opinions and experiences about the platform. Some users reported significant profits while others reported losses. The majority of reviews are positive and users praise the platform’s intuitive interface and advanced trading algorithms.

Both positive and negative feedback

Positive feedback

• Simple to use platform
• Advanced trading algorithms
• Interface that is user-friendly
• 24/7 customer support

Negative feedback

• Some users reported losses

Compare reviews on other platforms

The News Spy’s success rate is higher than other trading platforms and has received more positive reviews. It is more user-friendly than other platforms and has a variety of features that make trading cryptocurrency easy for everyone.

The News Spy: The Pros and Con’s

The News Spy, like any trading platform has its advantages and disadvantages. Here are some pros and cons to The News Spy.

The News Spy’s benefits and advantages

• High success rate
• Interface that is user-friendly
• Advanced trading algorithms
• 24/7 customer support
• Multiple payment options

There are some drawbacks and limitations to the platform

• Profits are not guaranteed
• Some users reported losses
• There are limited cryptocurrency options

Comparison of it with other trading platforms

The News Spy has a higher success rate than other trading platforms and is easier to use. The platform does not offer a guarantee of profits and has limited cryptocurrency options.

Security measures

Security is an essential aspect of any trading platform. News Spy is serious about security and has taken measures to protect user funds and information.

How The News Spy protects user funds and information

• SSL encryption
• Secure payment options
• Two-factor authentication
• Anti-phishing measures
• Servers secured

Security features and protocols explained

To protect users‘ funds and information, The News Spy uses SSL encryption. Secure payment options are available on the platform, as well as two-factor authentication. This prevents unauthorized access to accounts. The News Spy also uses secure servers to store user data and has taken anti-phishing precautions.

How to keep safe when using The News Spy

It is important to create strong passwords and use two-factor authentication in order to keep The News Spy safe. Beware of phishing scams, and use only secure payment options.

Support for Customers

News Spy provides 24/7 customer support to assist users with any problems they might encounter.

How to contact The News Spy customer service

The News Spy customer service can be reached via email or live chat.

There are many types of support available

The News Spy provides live chat and email support.

Quality and speed of response

The News Spy customer service is responsive quickly and of excellent quality.

Pricing and fees

The News Spy charges a small percentage for profitable trades and there are no hidden fees.

Explanation of The News Spy pricing & fees

Profitable trades earn The News Spy a 2% commission. Users can withdraw their funds at any moment and there are no hidden fees.

Comparing trading platform costs

The commission rate for The News Spy is lower than other trading platforms.

Tips to manage fees and maximize profits

Users should establish their stop loss and take-profit parameters to manage fees and maximize profits. They also need to keep an eye on market news and trends.

Open An Account

Conclusion

We are confident that The News Spy is a legit trading platform that allows traders to make profitable trades after testing it. It is simple to use and has many features that allow anyone to trade cryptocurrencies. Although there are no guarantees of profits, The News Spy’s sophisticated trading algorithms and high success rates make it an excellent trading platform.

FAQs

What is The News Spy?

The News Spy is an automated trading platform which uses advanced algorithms to analyze news and market trends to help you make profitable trades.

How does The News Spy make its money?

Profitable trades are subject to a 2% commission by The News Spy.

Is The News Spy a fraud?

The News Spy is a legal trading platform.

Is The News Spy safe?

Yes, The News Spy can be used safely. Secure payment options, SSL encryption, two-factor authentication, anti phishing measures, secure servers, and secure payment options are all part of the platform to protect user funds and information.

How can I sign up for The News Spy

Go to The News Spy’s website, click on „Sign Up“ and fill in your details. Complete your details, verify your phone number and email address, deposit funds and then start trading.

What trades can I make using The News Spy’s Trade Broker?

The News Spy allows users to trade a variety of cryptocurrencies.

What does The News Spy cost you?

Profitable trades are subject to a 2% commission by The News Spy.

How successful are The News Spy trades in terms of success?

News Spy claims a success rate exceeding 90%.

How do I reach The News Spy support?

The News Spy customer service can be reached via email or live chat.

What is the time it takes to withdraw funds from The News Spy

The withdrawal process takes approximately 24-48 hours.

• The market structure of Aave [AAVE] was bearish on the one-hour chart after failing to break out past $81.
• Bitcoin [BTC] has been see-sawing from $28400 to $27300 over the past 24 hours until press time.
• A shorting opportunity could arise upon a retest of the mid-range level near $77.4, but some volatility could be present.

Aave [AAVE] Overview

The market structure of Aave [AAVE] was bearish on the one-hour chart after failing to breakout past $81. Bitcoin [BTC] has see-sawed from $28400 to $27300 over the past 24 hours until press time. In light of major economic news coming up, volatility is likely to be high in the crypto market for the next 48 hours.

Shorting Opportunity

A shorting opportunity could arise upon a retest of the mid-range level near $77.4, but some volatility could be present. Risk management should always be a top priority, so setting a stop loss near $79 is recommended in case prices break out above that level and invalidate this idea.

Open Interest and Funding Rate

Over the past two days, Open Interest has declined alongside AAVE’s price drop which indicated that long positions were forced to close but not many short sellers entered yet. The funding rate hovered close to zero but was in positive territory which means buyers had an upper hand while spot CVD was showing constant downtrend over the past week indicating strong selling pressure in play.

Price Prediction 2023-24

It is difficult to predict what will happen with AAVE’s price in 2023 or 2024 as there are too many variables at play and it depends on how well it performs against other altcoins and Bitcoin itself as well as how much traction it gains among investors for its innovative DeFi services like Flash Loans and Liquidity Mining Protocols etc..

Conclusion

Altcoins such as Aave [AAVE] offer lower timeframe trading opportunities due to their volatile nature . With major economic news right around the corner, risk management should be kept at top priority when entering trades based on shorter time frames like H1 sessions or daily charts etc..

• The price of Polkadot’s cryptocurrency, DOT, increased by more than 7% in the last 24 hours.
• Updates to the Polkadot ecosystem and on-chain metrics suggest a further uptrend.
• Recent developments such as NFT integrations and SuperHedge choosing Moonbeam for its testnet could drive the network’s growth.

Polkadot Price Uptrend

DOT’s price increased by over 7% in the last 24 hours of press time. Ecosystem updates and on-chain metrics suggested a further uptrend. Polkadot Insider recently revealed a major bullish signal for DOT as it was found that the coin was only behind Ethereum [ETH] on the list of blockchains in terms of Altrank.

Scenario Turned Out To Be Different

Though the recent bullish market played its part in pushing DOT’s price upward, the gains were not equivalent to the Altrank findings. Other cryptos, such as Cardano [ADA] and Binance Coin [BNB], registered more gains compared to DOT. A possible reason for this could be the recent MixBytes episode, wherein it was announced that the blockchain auditor would stop supporting Lido on Polkadot and Kusama.

Recent Developments In The Polkadot Ecosystem

Several developments happened in the Polkadot ecosystem in the recent past, which can drive further growth of the network. For instance, Polkadot’s NFT ecosystem had an interesting update: Polkadot parachain Unique Network minted proof-of-attendance NFTs for fashion label DUNDAS to release to guests attending its show at Paris fashion week. In addition to that, SuperHedge, a DeFi platform, revealed that it had chosen Moonbeam to launch its testnet; Moonbeam’s cross-chain connectivity feature will enable SuperHedge to connect and interact with different chains including Polkadot and EVM.

Can DOT Live Up To Expectations?

Can DOT live up to expectations? Choosing the right #Layer1 ecosystem for a #DeFi project involves considering various factors such as scalability, security & governance features & interoperability options available between different networks & dApps — all of which are offered by POLKADOT!

Conclusion

Despite some setbacks like MixBytes suspending services due to market conditions or capacity issues, multiple developments have taken place with regard to NTF integration and SuperHedge choosing Moonbeam for its testnet; given these factors along with strong Altrank ratings – it appears likely that DOT may gain further traction in times ahead!

• Binance, the world’s largest cryptocurrency exchange, launched a joint anti-scam campaign to combat crypto-related scams.
• Following a major hack in October of last year, customers have lost confidence in centralized exchanges as trading volume has decreased and liquidity on the exchange has dropped by 21%.
• Binance is also facing regulatory heat from the U.S. Securities and Exchange Commission (SEC).

Binance Launches Joint Anti-Scam Campaign

Binance, the world’s largest cryptocurrency exchange, announced that it will partner with law enforcement agencies worldwide to combat crypto-related scams. The exchange said that it launched the Joint Anti-Scam Campaign which will include sending alerts, crime prevention messages, and other helpful tips whenever users initiate a withdrawal on Binance. The project started in Hong Kong and showed good results.

High Profile Hacks Have Eroded Customers‘ Confidence

High profile hacks have eroded customers‘ confidence in centralized exchanges (CEXs). Analysis from Dune Analytics revealed that trading volume on CEXs dipped considerably since November while decentralized exchanges (DEXs) saw a substantial uptick. Additionally, as per Binance’s proof of reserves data, its total balance dropped from $44.4 billion in early October to $33 billion by the end of December, representing a fall of nearly 21%.

The Value Of BNB

At the time of writing, its token BNB exchanged hands at $290.39 with slight gains of 0.76% in a day’s trading session as per CoinMarketCap data.

Regulatory Heat From SEC

Binance is also facing regulatory heat from the U.S. Securities and Exchange Commission (SEC). As per a report by Bloomberg, a U.S. SEC lawyer has said that most of the SEC staff believed that Binance US was operating an unregistered securities exchange

Conclusion

The launch of this anti-scam campaign shows how serious Binance is about protecting its customers from fraudsters and hackers alike as well as complying with regulatory standards set forth by authorities like SEC .

• The U.S. Bureau of Economic Analysis reported that the Personal Consumption Expenditure (PCE) Price Index increased by 0.6% in January, up 4.7% compared to a year ago, potentially impacting the crypto market.
• The Fed reportedly prefers the PCE over the Consumer Price Index (CPI) to gauge inflation, as it tracks how price changes influence spending behavior and accounts for price changes in rural or remote settings better than CPI does.
• U.S. equities markets closed in the red on Friday and Bitcoin dropped below $24K as bearish sentiment swept across both markets; if the Fed takes a hawkish stance due to high inflation rate in March, recent uptrend momentum could be slowed and gains seen in past two months corrected.

Overview

This article discusses the potential impact of an increase in inflation on the crypto market due to a rise in Personal Consumption Expenditure (PCE) Price Index reported by U.S.’s Bureau of Economic Analysis (BEA). It also looks at how Federal Reserve’s preference for PCE over Consumer Price Index (CPI) affects this scenario, followed by analysis of U.S equity and crypto markets performance after release of PCE data and what March holds for crypto investors with respect to this news update.

The Rise In Inflation

According to BEA, PCE Price Index rose by 0.6%, up 4.7% from a year ago which could push the Federal Reserve into considering further hikes on rates – confirming higher-for-longer rate narrative that spread market uncertainty recently.

Why Is PCE A Big Trigger For Crypto?

Federal Reserve reportedly prefers PCE over CPI as it has broader scope and ability to gauge economy’s strength better than CPI does; additionally it tracks how price changes influence spending behavior and also accounts for price variations across households or remote settings unlike CPI which doesn’t factor these differences into consideration while gauging inflation levels

U S Equities & Crypto Market Performance

US equities markets closed down 1st day post-release of PCE data while cryptocurrency market saw BTC drop below $24K with overall crypto market cap falling 3%.

What Does March Hold For Crypto?

If Federal Reserve takes hawkish stance due to high inflation rate recorded in January during its next meeting scheduled for March, recent uptrend momentum could be slowed down with most gains seen in past two months wiped off; breaking below $23K psychological level would confirm this scenario according to experts

• Aptos [APT] was showing a bullish market structure across its higher and lower timeframe charts.
• Bulls could potentially target the supply zone at $20 if they clear key obstacles such as $16.1736, $16.7694, and $17.7537.
• Investors should note that a drop in Open Interest (OI) could signal a drop in demand and bearish sentiment, which could derail bulls’ efforts to reach the $20 supply zone.

Aptos [APT] Market Overview

APT was strongly bullish across higher and lower timeframe charts by press time, giving investors the potential to target the supply zone at $20 if they can clear certain key obstacles.

Key Obstacles To Reach The Supply Zone

The market faced several price rejections in the $20 zone between mid-January and early February with bearish order blocks setting APT into a correction of over 25%. As a result, the bulls must now clear obstacles at $16.1736, $16.7694, and $17.7537 in order to reach the said supply zone at around the same level again.

Bullish Weekly Chart Structure

Investors should be aware that APT’s market structure is still bullish on weekly, daily, and lower timeframe charts at press time with a bullish flag formed on its weekly chart indicating potential gains up to about 25% should it break past these sell pressure zones mentioned above.

Possible Downtrend & Shorting Opportunities

However, any downswing resulting from failing to clear these sell pressure zones or breaking below its demand zone of around$12 will lead to further losses with bearish targets set around 8 dollars per APT token ($8). This could offer shorting opportunities at around 9 dollars per token ($9).

Open Interest Rate Impact On Price Movement

APT’s open interest rate (OI) has been increasing since 13th February when it retested its demand zone as support which gave bulls more confidence to launch recovery attempts towards their target of 20 dollars per token ($20). A drop in OI however signals a decrease in demand which could negatively affect the price movement so investors need to keep an eye out for this indicator too before making any decisions regarding their investments in APT tokens

• Ordinal NFTs have recently been launched on the Bitcoin network, generating mixed reactions in the crypto community.
• Bitcoin’s mean transaction size is currently at a 4-year high.
• Meanwhile, the derivatives market shows that open interest and demand for leverage is gradually growing.

Ordinal NFTs On The Bitcoin Network

The Ordinal NFTs have received mixed reactions in the crypto community. Some feel that this exploration of the Bitcoin network is a step in the right direction that may offer more opportunities in the future. Others claim that the move goes beyond what Bitcoin stands for. Nevertheless, the floor price for those NFTs has been rising with an all-time high sale of 9.5 BTC ($215K) today.

Impact Of NFTs On The Network

The potential impact of having NFTs on the network is perhaps the biggest concern. Will it slow down the network or make it more congested? The Ethereum network has experienced such challenges in the past which have impacted significantly on ETH’s price. In most cases, network congestion is translated as high demand and this could be beneficial to Bitcoin’s native cryptocurrency if similar conditions arise here too.

Bitcoin’s Mean Transaction Size

Bitcoin’s mean transaction size is currently at a 4-year high, indicating higher levels of activity on its blockchain network than ever before. This could lead to potential benefits such as faster transactions and better scalability options if these trends continue going forward.

Derivatives Market Indicators

The derivatives market also offers insights into BTC’s current position and growth prospects over time. Open interest appears to be trending upwards while funding rates have dropped due to lower volatility levels in recent weeks – both signs that there still exists some level of demand for BTC among traders and investors alike despite these current market conditions..

Liquidations Remain Low

Liquidations remain relatively low at press time despite these seemingly positive indicators coming out from both markets; a sign that traders are still cautious about entering positions even when presented with attractive opportunities to do so – further evidence of a lack of conviction within this space overall

• Defunct crypto trading firm Alameda Research is aiming to reclaim $446 million transferred to bankrupt lender Voyager Digital prior to its own bankruptcy filing.
• The collapse of Alameda and its affiliates was widely publicized due to allegations that Alameda was secretly borrowing billions of FTX exchange assets.
• Voyager had ten different loan sheets with Alameda at the time it filed for bankruptcy, and claimed to hold various cryptocurrencies such as Bitcoin, Dogecoin, Ether, USD Coin, and Litecoin as collateral for the loans.

Alameda Research, the defunct crypto trading firm, has filed a lawsuit against Voyager Digital and HTC Trading with the aim of reclaiming the $446 million transferred to the bankrupt lender prior to its own bankruptcy filing. The collapse of Alameda and its affiliates was widely publicized, with allegations that Alameda had secretly borrowed billions of FTX exchange assets at its core.

Voyager had ten different loan sheets with Alameda at the time the lender declared bankruptcy last July. The filing mentions that Alameda repaid all of Voyager’s outstanding loans after the lender declared bankruptcy. Some of the loans had not yet matured when Voyager requested repayment. Voyager claimed in various filings in September and October 2022 that it held FTT (an exchange token issued by FTX) and SRM (the Serum protocol token) as collateral for loans made to Alameda, in the form of various cryptocurrencies such as Bitcoin [BTC], Dogecoin [DOGE], Ether [ETH], USD Coin [USDC], and Litecoin [LTC], which Alameda then repaid in cryptocurrencies.

In the lawsuit filed yesterday, lawyers stated that they were unable to determine whether Voyager held a valid and effective lien or security interest in the collateral, or whether the collateral had been released or transferred prior to the bankruptcy filing. The filing alleges that the $446 million was transferred from Alameda to Voyager prior to the bankruptcy filing, and that Voyager had no legal right to the funds.

Alameda Research is now seeking damages for the $446 million plus interest. The lawsuit also requests that the court order Voyager to return any of the collateral that it holds or furnish a full accounting of all the assets it holds. The outcome of the case will have implications for the entire crypto industry and the future of crypto lending.

• MKR offered investors over 45% gains in the past few weeks after rising from $504 to $746.
• Technical indicators showed a strongly bullish MKR with Relative Strength Index (RSI) at 62 and Money Flow Index (MFI) exhibiting an uptick.
• Short-term MKR HODLers had enjoyed massive gains since January 6.

The cryptocurrency asset Maker (MKR) has seen a massive surge in its price in the past few weeks, offering investors over 45% returns. After starting at $504, the digital asset has now reached $746, allowing short-term holders to enjoy considerable gains. However, MKR has been facing resistance at the $746 mark and could be in danger of falling back to its previous price level.

At the time of writing, MKR is trading at $716 and is at a critical selling pressure zone. This zone could attract more bears, scare away bulls, and drive down MKR’s prices. However, bulls still have a chance to overcome this obstacle and target the $832 resistance level in the near future. On the 12-hour chart, key technical indicators such as Relative Strength Index (RSI) and Money Flow Index (MFI) are showing a strongly bullish MKR. The RSI is currently at 62 and the MFI is exhibiting an uptick, indicating that accumulation is underway.

On the other hand, if the selling pressure zone is too strong, bears could take control of the market and drive MKR’s price down to $669 or $633. This would invalidate the bullish bias present in the market.

Short-term MKR holders have enjoyed massive gains since January 6, as evidenced by the positive 30-day holder distribution. Nevertheless, long-term holders have not seen any gains, and they could be in for a disappointment if the selling pressure zone is too strong.

Overall, MKR is currently in a precarious situation. Bulls must find a way to overcome the selling pressure zone and target the $832 resistance level. If successful, this could open up the possibility of MKR reaching the $800 region. On the other hand, if bears take control, MKR could fall back to its previous levels.