Featured on homepage

GamblersPick talked to 1,000 US investors recently on their crypto holdings, how they finance their portfolios and maintain their investments. The survey shows a third of the number consulted Reddit before making their crypto investments. Out of the total number, 35% admitted to having dived into crypto via Elon Musk’s influence. The Influence of Reddit According to survey outcomes, crypto enthusiasts have made funding calls after consulting Reddit. More so, over a 3rd of crypto holders reported getting information there. …

The golden cross shows a positive signal when a relatively short benchmark passes over a lengthy rolling average in a price chart. A bullish breakthrough pattern generated by a security's short trend line (including the carbon tax moving average) breaching well above the longer moving average (such as the 50-day exponential moving) or resistance level is known as the golden cross. The gold crossing gets its strength from large trade volumes. Above all, it signals a market crash in the…

Cryptocurrencies today account for a trillion-dollar ecosystem whereby investors can leverage transparency, anonymity, and security in their financial endeavors. Although, the major downside comes when attempting to analyze the values of digital assets, especially with the volatility tendencies.  Due to this reason, it is necessary to use several indicators which predict the possibilities of upcoming bearish or bullish trends in the market. For example, one indicator traders employ is the death cross pattern, which usually represents the possibility of an…

The world is replete with cases of governments frustrating crypto usage or adoption. Could you ask anyone about the most crypto-suppressive nations? The chances are that they'll mention China besides other planned economies. Moreover, the crypto stances of many western governments have yet to be encouraging. Countries like America haven't cracked down on digital assets. On the contrary, they've shown open skepticism for them. However, though they've shown support, it has always been half-hearted. It's driven more by their reluctant…

Recent data suggests that Bitcoin’s network has approximately 88,365,209 addresses. This figure accounts for the period between January and June 2021. So, in the six months, users created almost 488,206 addresses daily. Is Crypto Adoption Now Mainstream? According to the data, June 2021 had the lowest number of addresses created, while January records the highest. Users in January 2021 made 551,132 addresses, while June had 370,269 addresses created daily. The monthly figure equates to 17,085,095 addresses made in January 2021…

Bitcoin seems to be on a downtrend today after breaking out past its long-term resistance yesterday. Ethereum, Cardano, Binance Coin, and others in the crypto market seem to follow a similar course. Bitcoin Price Analysis On Tuesday 24th, Bitcoin was in a continuous downtrend which began in late 23rd, after bitcoin broke out past $50.5k. Coinmarketcap information shows that this coin has reduced by 2.72% in the past 24 hours. BTC is currently trading at $48.2k, a deep drop from…

Nickel Digital’s recent survey suggests Institutions in the UK have plans to expand their crypto investments. According to the firm, half of the companies in the survey are ready to increase their crypto-asset tallies by 2023. Out of the 23 companies in the discussion, six stated that they would boost their investments in cryptocurrencies. The Tale of Crypto Adoption Nickel Digital places the UK as a hotspot for institutional crypto investments. The firm believes a country is a good place for hedge…

On Monday, August 23, El Salvador President Nayib Bukele announced that the Bitcoin tender law would launch on September 7. He said it is not a must for individuals to use bitcoin. Furthermore, he confirmed financial institutions would convert BTC payments to dollars. He explained to his 2.8 million Twitter followers that people are at free will to accept BTC or not. Bukele wrote that whoever wants to continue to carry cash may not receive a sign-on bonus. Also, they…

Monero coin has made a price increase of about 20% soon after implementing the atomic Swap. The Atomic Swap will help ease the cross-chain interactions between Monero and Bitcoin chains. The recent bull could lead Monero to the predicted value of $460 by the end year.  Monero Price Analysis Monero, the most significant privacy coin, has been posting high price surges, especially in the past seven days, starting Friday the 20th. On Friday, Monero was merely trading at $261, but…