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
Factors to Consider When Scalping Trading
The financial markets are highly volatile, with prices of currencies in fiat and crypto changing rapidly from time to time. When you look at the market charts, the currency fluctuations for BTC, ETH, USD, and EURO, occur within seconds. Seasoned investors have been taking advantage of the market changes and making fortunes using a trading strategy dubbed scalping. Scalping trading is a type of financial market trading involving opening and closing trades in a minimum duration. The idea behind scalping…
4 years ago
A Guide to the Best Ethereum Wallets
The Ethereum network and its Ether token are the second-largest cryptocurrencies globally. If you're thinking of investing in ETH, you should move your tokens out of your trading platform or exchange them into a private Ethereum wallet. Wallets do not only guarantee you the security of your tokens, but they also make token management and transfers seamless. Nonetheless, not all crypto wallets are viable or support Ethereum tokens. Therefore, in this guide, we look at what an Ethereum wallet is and the…
4 years ago
A Beginners Guide to Crypto Mining Vs. Validating
Blockchain technology is a robust network designed to ensure that cryptocurrencies/ digital currencies remain reliable and serve their inception purpose. Therefore, learning about blockchain and cryptographic processes is fascinating to technology enthusiasts and beginner investors. Generally, cryptocurrencies are released in the blockchain through a process called mining. Although mining adds the blocks onto the chains, a preceding validation process streamlines everything for mining. So what are validation and mining? What differentiates the two? Keep reading to understand the way new…
4 years ago
Crypto Wallet Passwords and How to Recover Them
The value of cryptocurrencies is evident in the financial sector as Bitcoin and Ethereum take the lead with the highest dominance level. While digital currencies are still a risky venture to many, enthusiasts believe that cryptos hold more potential as an investment tool. Like any valuable item, cryptocurrencies need a secure wallet to safeguard them from unauthorized entities. However, even with the proper security measures, the possibility of losing the wallet’s passkeys is inevitable. Losing your login information can be…
4 years ago
Bitcoin Exit Strategies: An In-depth Guide
Entering a Bitcoin trade at an opportune moment can be a hassle. But exiting a trade can be far more challenging, especially if you lack a solid exit strategy. Not knowing when to exit a market can result in making premature profits or becoming an unwilling Bitcoin holder. If you're thinking of taking some of your Bitcoin profits and reinvesting it in other sectors or paying some bills, you need to develop an effective exit strategy. Here, we look at…
4 years ago
The Difference between Buying Crypto CFD and Buying Crypto
Cryptocurrencies remain one of the most exciting assets that online traders will ever have. The industry is slightly above a decade old, and there are thousands of crypto-millionaires already. Anyone can get filthy rich through cryptocurrency investments, although it still comes with various risks. Volatility is a significant drawback in the crypto world, and why many people have remained skeptical about cryptocurrencies for a long time. Most people are afraid of holding crypto coins due to price volatility issues and…
4 years ago
3 Hybrid Crypto Exchanges (HEXs) Worth Trying Out in 2023
What do you do when you want the deep liquidity of centralized exchanges (CEXs) but require the security and confidentiality of decentralized exchanges (DEXs)? Some savvy developers from across the globe believe they have the answer - Hybrid Exchanges (HEXs). HEXs borrow aspects from both exchanges' styles to provide you with a unique combination of options not found elsewhere in the market. The HEX concept is still fled, but some platforms are beginning to emerge. These platforms incorporate features like…
4 years ago
How to Sign a Message with Bitcoin – Sign Message
Learning to sign a message with Bitcoin is the next step in becoming a more informed investor. Most people are surprised to learn that message signing is a basic feature of Bitcoin. The purpose of message signing is to prove that you are the actual owner of an address without moving any assets. You must possess the account's private keys to sign a message on the blockchain. Benefits of Message Signing The ability to sign messages may seem trivial, but…
4 years ago
4 Top Short Term Cryptocurrency Investment Projects
The Covid 19 pandemic made 2020 one of the most challenging years on record. Businesses were brought to their knees, forcing massive government bailouts through currency printing. Everyone wants to get back on their feet, especially now that vaccine rollouts are increasing. A good investment with fast short-term gains may be just what you may need to stay afloat. The recent rebound by many cryptos offers hope regarding making such gains. As such, various exciting crypto projects could be delivering…
4 years ago