Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Guides
The Best Crypto Social Trading Platforms for Copy Trading in 2023
If you are a novice trader, cryptocurrency trading will be challenging. With little knowledge about the market, you cannot make decisions like an experienced trader. The major problem with cryptocurrency is that you must gather massive amounts of information to learn how to trade. And as you spend more time trading, things will start to clear. You might have heard experienced traders say that with more significant risks come higher rewards. But, it would help if you also considered that…
3 years ago
A Guide to Collateralized Loans in DeFi
Hodling is the favorite sport of long-term crypto investors. However, keeping your assets in a crypto wallet for years can have negative consequences. Firstly, unless their value increases, you do not accrue any profits. Secondly, it limits market liquidity and, therefore, hinders its growth. Fortunately, you can help solve both problems with collateralized loans. This short guide to crypto lending discusses how collateralized loans work in decentralized finance. Read on to discover how to use this DeFi tool in your…
3 years ago
What is NFT Lazy Minting – A Beginner’s Guide
The enormous success of NFT usage over the last quarters is remarkable. Therefore, we are not surprised to see an ongoing innovation trend in the NFT market niche in this context. However, creating NFTs can be challenging, especially for new traders and artists. Today we will look into the lazy minting practice, an innovative idea that has recently become popular in the blockchain industry. Before doing that, however, it is essential to spend a few words on the general minting…
3 years ago
What Is CBDC In Crypto?
The cryptocurrency trading revolution exploded more than ten years ago and led to an almost unprecedented economic and financial earthquake. As a result, people are learning to change their approach to payment and investment systems, pushing up the price of many cryptocurrencies. Such a rapid change has been noticed on the boards of the world's major central banks. In fact, in an increasing number of countries, central banks are working on launching centralized digital currencies, known as CBDC. This article…
3 years ago
Decentralized Exchanges 2023: Which is the Best Crypto DEX to Trade on?
Market experts believe that the survival and growth of crypto largely depend on decentralization. The good news is that decentralized exchanges, or DEXs, have become highly popular, and the crypto market sees this as an opportunity to save the essence of traditional blockchain. Each decentralized exchange platform has the potential to revive and thrive crypto market. Moreover, each new DEX platform comes with its own set of features. There are several methods to use DEXs and make money. Decentralized exchange…
3 years ago
Top Crypto Exchanges for Beginners in 2023
Investing in crypto is not as complex as most people think. So if you’re curious and optimistic about the rise of crypto, there is no reason to hold back and dive into it. Remember, it is normal for beginner investors to get caught in the cobweb of endless crypto exchanges. As a beginner investor, your objective should focus on the best crypto exchanges to make the right investment decisions. Whether it’s Bitcoin or Ethereum, cryptocurrencies remain at the forefront in…
3 years ago
Top 10 Cryptocurrencies in January 2022
Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…
3 years ago
The Story Of Bitcoin And Ethereum’s Reversed Blockchains
Decentralization is the primary selling point of the three worlds of Bitcoin, crypto, and the web. There are several reasons for this. Some are related to the increased transactional efficiency that decentralization can provide. Others are related to creating permissionless, censorship-resistant digital networks. Most importantly, decentralization weakens any single point of failure, bolstering network security. This not only keeps a network as close to unbiased and ‘neutral’ as possible but almost guarantees its immutability. Yet the crypto world hasn’t always…
3 years ago
What Are the Best Crypto Prediction Sites?
Several websites now provide, besides crypto live prices, some forecasts on the future of the leading cryptocurrencies. However, considering the market’s high volatility and the few analysis tools available to the public for formulating these forecasts, we must monitor these portals carefully. This article will report some of the crypto industry's primary sources of price forecasts. However, we remind you that the information contained in the text does not constitute financial advice, and we invite readers to conduct their research…
3 years ago