Lender Beware: The Potential DeFi Tax Trap
Uncle Sam may collect tax on every loan and repayment of cryptocurrency which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. Original Source
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Trap
Solana’s weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next?
A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup.Solana price risks dropping to $60Dubbed head-and-shoulders (H&S),
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Bitcoin bull trap? 3 indicators that predict BTC price falling to $24K–27K this year
Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd.The independent market analyst published a thread on Feb. 14, explaining why Bitcoin's ongoing price recovery — from below $33,000 on Jan. 24 to
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Bitcoin funding rate flips negative after $48K retest — Was it a bear trap?
As Bitcoin (BTC) lost the $52,000 support on April 22, the futures contracts funding rate entered negative terrain. This uncommon situation causes the shorts, investors betting on price downside, to pay fees every eight hours.While the rate itself is mildly damaging, this situation creates incentives for arbitrage desks and market
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Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential
Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began
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Weekend bull trap? Traders remain cautious as Bitcoin price rebounds to $18K
The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTC’s weekend rally.Bitcoin currently faces resistance at around $18,200, which is also the 10-day moving average (MA) on the daily chart. As Cryptox reported yesterday, some
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Gwyneth Paltrow Posts a Thirst Trap for Goop
Gwyneth Paltrow posted a nude photo on Instagram in her latest effort to promote Goop’s body butter. The actress is trying to make Goop a household name by appealing to all kinds of customers, creating a confusing and misguided brand. While one lawsuit has been settled, more are expected to arise as
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Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap!
Mobil’s dividend yield recently hit double-digit levels. The supermajor’s dividend payments are currently debt-financed. The losses and revenue declines are likely to force the oil giant to rethink its dividend policy. This has been an eventful year for Exxon Mobil. Last month, the oil giant was booted from the Dow index despite being
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This Signal Could Suggest Latest Bitcoin Rally Was A Bull Trap
Bitcoin price rebounded hard from $10,000 and in a flash already found itself back above $11,000. Thus far,
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Money Reimagined: Ending Money’s Distance Trap
For Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else. In September of 2020, with hundreds of millions of broadband-connected homes using global video-conferencing services like Zoom and with
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