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
What to Look for in Crypto News When Predicting Crypto Prices
The cryptocurrency world has been gathering speed at a breathtaking pace. So what better way to ensure one's invested sum grows than knowing how to predict prices? Crypto news sites are buzzing with every tit-bit of crypto news out there. There are, however, a few things to look out for that could make even a novice pretty accurate at predicting prices. Technical Terms to Look Out for Anyone wishing to predict a crypto price movement should look for this first set.…
4 years ago
BNB or XRP, Which is The Best Crypto to Buy Now?
Investing in crypto is tricky but highly profitable. For instance, there are many viable investment options in crypto today, and more are joining every month; therefore, choosing an asset is hard. XRP and BNB have been fighting for the third slot in the past few days. But, first, investors must know which asset to choose between BNB and XRP. This guide will analyze the investment prospects of the two famous assets, XRP and BNB, and provide a verdict on which…
4 years ago
Best Cryptocurrency Trading Strategies for A Bull Market
Crypto trading is as huge a hotcake as any other hot stock. Players from the average Joe to the richest individuals and institutions are clamoring for a piece of the action. The massive attention of late paints a very different picture than the nascent 2009 launch of Bitcoin, the first cryptocurrency. It has switched from a geek's part-time occupation to an all-around credible investment, attracting investors in droves. As people venture into crypto trading, terms like bull and bear markets…
4 years ago
A Beginners Guide on Bitcoin DCA (Dollar-cost Average)
Bitcoin is still the most prominent cryptocurrency, with a market capitalization above $ 850 B. Its value rose in early 2021 to smash the $60,000 mark and even set an all-time high at $69,000. It can compare the recent spike in Bitcoin to the 2017 bull run, where Bitcoin's price eventually lowered massively. It's the nature of all cryptocurrencies, but they still provide remarkable opportunities to earn profits. Financial technology experts are constantly devising investment strategies like the dollar-cost averaging…
4 years ago
Cryptocurrency Trading Strategies Best for a Bear Market
A bear market occurs when a progressive downtrend for a specified period exists. Trading cryptos without a plan with your hard-earned money away because of the market's volatility. With bearish markets, trading strategies vary, and they are a new trader's worst nightmare. Bear markets are what differentiate wannabes from experienced crypto traders. They command discipline, knowledge, and profits for resilient traders. This guide seeks to find the best tips on approaching a bearish market to overcome the main obstacles –strategies,…
4 years ago
Crypto Exchange Wallets you Can Trust to Store Your Funds in
When thinking about starting in crypto, one of the first steps that every investor has to follow is signing up for wallet services. Almost all services in crypto require users to connect their wallets to continue accessing other services. In addition, a wallet helps in storing crypto assets safely. Different wallets possess different attributes depending on the mechanism used in classifying them. However, this article will focus on wallets provided by crypto exchange service providers. What assets do these platforms…
4 years ago
Crypto Social Trading Platforms to Consider in 2023
Social trading in investments was introduced years ago, with platforms like eToro, and many others taking the lead. However, crypto social trading started in late 2017, and since then, it has gained momentum. Social trading aims to help investors maximize their incomes by following more experienced traders' strategies with well-performing investments. Moreover, autonomous social trading systems make it easier to copy other expert trades and earn significant incomes. In crypto especially, social trading is essential due to the market volatility…
4 years ago
5 Interesting BNB Chain DeFi Projects to Check
This year has seen the restructuring of the crypto sector in many different ways. The DeFi and NFT sectors' growth has greatly strained older blockchains, such as Ethereum. These networks were built in a way designed to increase their fee structure based on the blockchain's congestion. Unfortunately, this design flaw has created record-high gas fees for users. These fees have left many in the market searching for viable alternatives. One option that has seen considerable growth due to these factors…
4 years ago
Tips and Tricks to Automated Cryptocurrency Trading
Automated trading is a financial investment strategy where an investor uses algorithms to complete trades and make profits. The idea has been used for decades in financial markets, and the results have been great for most traders. Mostly, autonomous trading aids persons with less trading experience to earn in the markets. Moreover, it helps people who want to trade only part-time, say those who do other day jobs. Among the benefits are less time-consuming and higher prospects of making profits.…
4 years ago