dYdX raises margin requirements in some markets, bans “highly profitable trades”
    20 Nov 2023

    Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several “less liquid markets,” affecting tokens such as Eos, 0x Protocol (ZRX), Aave, Algorand, Internet Computer,…

    Bitcoin nears pre-halving ‘target zone’ toward $50K BTC price
    20 Nov 2023

    Bitcoin is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.” That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000. Trader: $39,000 is pre-halving BTC price target range floor Bitcoin faces stiff resistance sliding back to…