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…
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DeFi Gems to Keep an Eye on In 2023
Decentralized finance is one of the best financial disruptions of the 21st century. The nascent sector has attracted millions of investors, with the total value locked in the platforms at $41 billion. Moreover, it is one of the biggest beneficiaries of the recent Bitcoin and Ethereum price surges. Yield farming is a lucrative passive income-earning opportunity with more developments within the DeFi space. Consequently, both old and new platforms explore ways to boost their protocols and keep the investors' interest…
4 years ago
Top 5 Crypto-to-Crypto Exchanges for Intermediate Traders
Finding the right crypto-to-crypto exchange is vital in progressing your trading strategy. Crypto-to-crypto exchanges offer users significant advantages in coin selection and ease of onboarding. In addition, many of these platforms don't support fiat currency trading pairs. As such, they don't require you to undergo intrusive KYC protocols. Nowadays, there are more crypto-to-crypto options in the market. Part of this increase in selection can be attributed to the rising popularity of DEXs (decentralized exchanges). Here are five options that have proven their…
4 years ago
What’s the Difference between Margin and Leveraged Crypto Trading?
As you become more familiar with the crypto market and trading in general, you will inevitably stumble across the terms leveraged and margin trading. While these terms are interconnected, they don't mean the same thing. Leveraged trading is a broad term for taking on debt to magnify your exposure to a particular asset. Margin is similar to a security deposit that allows you to borrow money plus an interest payment with the expressed goal of investing in other financial instruments.…
4 years ago
5 Long-Term Cryptocurrency Assets to Keep an Eye on
If you have a glimpse of what's happening in the crypto-verse, you must or should have noticed that the crypto world is rapidly growing, and new, better options are introduced in the markets every other day. It started with Bitcoin as the flagship crypto; thousands of new crypto assets have joined the market since then. Believe it or not, some crypto projects have even become exceptional investment prospects. But, at the same time, not all projects are fertile to investors.…
4 years ago
The Best DeFi Exchanges – 2023 Edition
It's no secret that DeFi decentralized exchanges (DEX) are rising. These unique networks provide users with more security, lower fees, and limited privacy options on centralized options. In addition, deFi decentralized exchanges combine the benefits of a peer-to-peer non-custodial approach with the earning potential of DeFi (decentralized finance). For these reasons, they are now more popular than ever. If you are new to the crypto space, DEXes, or DeFi, there is a lot to unpack. These networks are often less…
4 years ago
The Best Fiat-to-Crypto Exchanges for Beginners
To trade crypto, you must find a reliable and secure fiat-to-crypto trading platform. These exchanges differ from crypto-only platforms in their offerings, requirements, and, most importantly, their ability to convert fiat currency to crypto. In addition, fiat-to-crypto exchanges must adhere to strict regulatory requirements in most regions to accomplish this task. These requirements can make the signup process a bit more tedious and increase consumer protections. Today, fiat-to-crypto trading platforms are very popular. With so many options to choose between,…
4 years ago
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CoinJoinCoinJoin – What is the CoinJoin Protocol and How Does It Work?
The CoinJoin protocol enables a trustless bundling of Bitcoin transactions. This technique aims to provide users with an extra layer of privacy. Notably, CoinJoin transactions are not impossible to decipher using current statistical analysis tools and correlation techniques, but they are far more expensive and difficult to track. Many years ago, most Bitcoin users believed that the network provided anonymity. For example, you don't register your name when you open a Bitcoin wallet, but there are still digital footprints that could…
4 years ago
The Best Cryptocurrency Exchanges for Advanced Users
Trading cryptocurrencies isn't easy. It takes research, skill, and determination to turn a profit. Additionally, it helps to use an exchange that offers features and services geared toward your trading class. Experienced traders seek features that allow them to leverage their positions and increase their ROIs. Also, security is paramount when trading large amounts of crypto globally. It's no secret that major investment firms and corporations such as MycroStragety or Tesla have invested billions into Bitcoin. Now, more than ever,…
4 years ago
The Ultimate Guide to Cryptocurrency Trading Tools
Amidst the growth of crypto trading, developers have developed several tools, including portfolio managers, wallets, market watchers, portfolio balances, crypto news aggregators, and exchanges, to make trading specific and profitable, minimizing risk. The right set of crypto trading tools and a proper mindset is crucial to successful cryptocurrency trading. Cryptocurrency Exchanges Why You Need Them: To buy or trade cryptocurrencies Cryptocurrency exchanges offer a gateway to the cryptocurrency world by allowing investors to trade cryptocurrencies for other assets, such as…
4 years ago