Cryptocurrencies are often incredibly volatile and can see massive price swings in a short time. This makes them ripe for bear traps. A bear trap is a situation where traders wrongly think a coin is about to reverse a downtrend. These events often result in significant losses. This guide will discuss crypto bear traps, how to identify them, and the risks involved in these situations. Introducing Crypto Bear Traps A bear trap happens when a trader buys assets, expecting the…
Tag: Checkout.com
Checkout.com Introduces 24/7 USDC Settlements for Merchants
Payment service provider Checkout.com has partnered with crypto security firm Fireblocks to launch a stablecoin settlement solution for merchants. The company unveiled this news earlier today through a press release. This product currently supports USD Coin (USDC), but Checkout.com plans to add more assets in the future. According to the press release, the solution leverages Fireblocks’ new crypto payment technology. Checkout.com is the first payment service provider to embrace this technology. The company is also the first to roll out…
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