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On 14th April 2021, Coinbase went public by listing its shares on Nasdaq. It listed the share under COIN, and the move had excellent results on Coinbase’s value.  At the time of registration in the exchange, the unit price was $381, about 52% higher than its reference price of $250. However, the price of the shares closed the day at around $328.28. Accordingly, the value of Coinbase stood at around $100 billion on 15th April, around 1000% more than the…

One year into the pandemic, the crypto market appears to have boomed. When the pandemic occurred, Bitcoin – the world's first cryptocurrency – could be bought for about $7,300. A couple of days back, the token cost over 55 000 dollars, a 653% increase, with similar surges in other leading cryptocurrencies (e.g., Ether).  During the pandemic, many things came together that helped Bitcoin and cryptocurrencies, in general, out quite a bit. First, the stock market volatility drove many people to buy…

As an investor, many benefits are enjoyed following the lead of successful experts from all over the globe. Trading platforms have made it easier with features like the best Trading tool to track top investor moves. Based on this understanding, social trading is an improved way of modern trading that offers instant and constant access to a vast pool of information.  Other users can share their trading strategies, and newbies can benefit from this since they can place trades without…

Anyone who accidentally sent their cryptocurrency to the wrong address knows that horrible feeling you get in your gut. Unfortunately, taking a loss due to human error is sadly more common than you think in the sector. The technical learning curve and overall censorship-resistant nature of cryptocurrencies mean they're great for many things. However, refunds are not one of those items. The recent surge in the popularity of cryptocurrencies has put the capabilities of these unique financial instruments in the…

Making a trade, especially in stock bourse and cryptos, may come across various specialized trade terminologies. The put-call ratio indicator is a relatively common terminology in trading circles. Investors use it to weigh the market's mood, determining if an investor will buy or sell his/her digital assets. It may also use to forecast the market direction when deeply assessed. The article shall highlight what the put-call ratio indicator stands for and the various ways during crypto trading. What is the…

As a cryptocurrency investor, it is essential to leverage every tool available to maximize profits. However, price evaluations can be difficult to predict, particularly in the cryptocurrency market, with over 20,000 cryptocurrencies.  The Relative Strength Index stands as one of those solutions a crypto trader needs, which operates as an indicator that measures the price change of an asset. The momentum oscillator is a brilliant formula from John Welles, who sought to introduce a visual representation of market shifts. RSI…

Trading cryptos is not as easy as it sounds, and most people will tell you that. However, even professionals require some handy tips to ensure they are profiting from the market. These tips include using order techniques to regulate the amount spent during trading.  Using such tips, you can be sure to earn a living from trading or even become a crypto millionaire. Each executed trade requires at least two orders to be considered complete: the buy and sell orders.…

We are over a decade now, and cryptocurrencies and blockchain technology are entirely in the limelight. However, one thing that remains a puzzle to many is how to maneuver this attractive nightmare. First, blockchain technology presents itself as one complex technology whose features unlock unprecedented capabilities across almost all sectors. Cryptocurrencies then take their place as a global topic for discussion as digital assets carrying the potential for creating overnight dollar millionaires. There's, however, one major downside, volatility, which is…

Cryptocurrency traders have turned to traditional technical analysis tools to track crypto prices due to extreme market volatility in the crypto space. Although crypto prices are highly volatile, they behave similarly to the old principles of traditional markets, and that is where double-bottom patterns come in. Double bottom patterns, known as W bottoms, are technical analyses charting bullish patterns. Traders regard double bottom and double tops as the most commonly used chart patterns in trading. They are often found on…