MEGAtronic

Content

• What is scalping based on?

• Comparison of scalping with day trading and swing trading

• Types of scalping strategies

• Review of scalping indicators on cryptocurrency

• Cryptocurrency scalping tools

• Benefits of cryptocurrency scalping

• Disadvantages of scalping

The rate of the Toncoin (TON) cryptocurrency, issued on the Telegram Open Network, fell by 19% after the arrest of the creator of the Telegram messenger Pavel Durov.

Durov was arrested on August 24 in France by officers of the National Office for Combating Fraud. Pavel was charged with a host of charges based on the fact that he allegedly did not even try to moderate content on Telegram and therefore condoned, for example, drug trafficking, selling stolen goods and carrying out scams. For these offenses, he faces a severe punishment in the form of imprisonment for up to 20 years.

Bitcoin's inherent limited supply has been a focus of discussions about its potential for significant capital gains, especially in scenarios where demand for it spikes. Now, Bitcoin holders have an additional opportunity to increase their returns through staking.

Bitcoin may not have enough strength to update the absolute maximum during the bull market of 2022-2025. This is the conclusion reached by Peter Brandt, a popular analyst in the crypto community, who previously managed to correctly predict the crypto winter of 2018 and many other movements in the digital asset market

Tether, the company that issues the USDT stablecoin, has announced plans to launch a new token that will be pegged to the United Arab Emirates dirham. The project will be implemented with the participation of Phoenix Group.

Each token issued will be fully backed by liquid reserves. Tether is currently in the process of obtaining a license from the Central Bank of the UAE to issue a stablecoin.

One of the largest American miners, Hut 8, reported a 36% drop in BTC mining volumes in April compared to March 2024.

The company mined just 148 BTC last month, down from 231 BTC in the first month of spring, as the hash rate dropped from 5.4 EH/s to 4.5 EH/s. However, Hut 8 said this was primarily due to the sale of more than 25,000 installations from sites in Nebraska and Texas to Marathon Digital Holdings.

The third-generation blockchain's native cryptocurrency, Cardano ADA, is currently going through a challenging market environment. After a short-term price increase at the beginning of the month from $0.45 to $0.46, ADA has corrected and is hovering around the $0.45 mark.

This pattern of rapid growth followed by decline reflects continued volatility and investor uncertainty around cryptocurrencies. Despite the rise in the number of active addresses, signaling renewed interest in the platform, overall market sentiment remains subdued.

The TON Foundation is giving away 105,600 TON (~$600,000) to the most active traders and NFT holders on the Getgems, xRare and TON Diamonds marketplaces.

Rewards will be distributed among 2,061 users who traded or held NFTs on these platforms between April 11 and April 23.

The number of points is calculated taking into account the number of collections sold, transactions and trading volume. Depending on this, each user will receive from 40 to 70 TON. Details are in the project blog.

GetBlock Magazine - What happened? The creator of the Ordinals Bitcoin protocol, which allows the issuance of non-fungible tokens (NFTs) on the blockchain of the first cryptocurrency, presented a new development. Thus, Casey Rodarmore's update to the Stratum V2 mining pool protocols allows you to select the transactions included in each block.

Eddie Lazzarin criticized the hype around memcoins, saying they undermine trust in the entire cryptocurrency industry. Memcoins are not technically interesting and not attractive to developers, the expert believes. This type of token is giving blockchain a bad name, changing how society, regulators, and entrepreneurs view digital assets.

The auction for the sale of the “Buy Bitcoin” lot took place in the themed bitcoin bar Pub Key, which is located in New York. Representatives of the auction house reported that the happy owner of the notebook was a certain user known in the community under the nickname Squirrekkywrath.
According to crypto enthusiasts, he is a veteran of the cryptocurrency market, interested in everything related to virtual assets for many years.

A new wave of enthusiasm has captured the cryptocurrency market. Investors and traders are closely monitoring activity in the altcoin segment, expecting a significant increase in their value. Of particular interest are memcoins, which have the potential for explosive growth.

Every day there are more and more arguments in favor of the fact that the coming year could be a turning point for this category of crypto assets. Let's try to figure out why the current market cycle may be decisive for memcoins and what changes we should prepare for.

Offline NFTs

Key features of aNFT
Trading:
Collateral: aNFT can be used as collateral for loans on DeFi platforms.
Real-world asset tokenization: aNFTs can offer automatic payouts when certain conditions are met in the real world. aNFTs may be tied to real objects or obligations. For example, aNFTs are capable of representing a stake in a business. Then the token holder will be able to receive payments programmed by the smart contract.

The main factors influencing the growth in the number of participants in the local digital asset market were the efforts of the UAE authorities to create a favorable atmosphere of crypto regulation, as well as the investment attractiveness of the cryptocurrency industry, believe Bitget Research.

The UAE has the highest statistics of interest in cryptocurrencies. 29% of crypto investors surveyed in a Bitget study believe that digital assets offer a more convenient storage option. Another 34% are cryptocurrency traders, and 22% use tokens for daily payments. The investment preferences of UAE citizens lean towards investing in bitcoins and ether. Since the beginning of 2024, the number of daily crypto traders has reached an average of 500,000, which is 166% more than a year ago.

Speaking at a campaign rally in Michigan, Robert Kennedy Jr. announced to those present that if he were elected, every American would have the opportunity to view any item in the budget.

“I will move the entire US budget to blockchain and we will have 300 million budget watchers. If someone spends $16,000 on a toilet seat, everyone will know about it!”

Happycoin.club - The team behind the meme cryptocurrency Shiba Inu has raised $12 million in funding from venture investors through the sale of the yet-unissued TREAT token. Fund providers include Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital and Comma 3 Ventures.

Transtra says the hybrid solution will allow customers to combine the reliability of the SWIFT standard with the decentralized nature of digital assets. Now the SWIFT system unites more than 11,000 different financial institutions in more than 200 countries around the world.

“The service meets the growing demand for universal financial instruments. The hybrid solution is expected to be particularly sought after by digital nomads and international businesses seeking alternative economic solutions,” Transtra said.

Happycoin.club - According to court documents, at the end of December last year, Indian resident Chirag Tomar flew to his family in the United States as a tourist. At the Atlanta airport, he was detained on charges of conspiracy to commit fraud and money laundering. Both counts carry a maximum penalty of 20 years in prison.

GetBlock Magazine - What happened? Thai authorities will restrict the operation of unregistered crypto exchanges to improve the effectiveness of the fight against online crime. The local Securities and Exchange Commission (SEC) will compile a list of such platforms so that the Ministry of Digital Economy will block access to their sites.

Commissions on the Bitcoin network dropped to $34 after rising at the time of halving and the launch of the Runes protocol

The average transaction fee on the Bitcoin network has plummeted to $34.8, according to data from the Bitinfocharts service. This comes after a record increase in average fees was recorded on April 20, the night of the halving, to a maximum of $128.45.