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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NFT Projects You Should Know About
From time immemorial, people have always loved to collect and store items they consider useful. From books, posters, stamps, Pokemon cards, games, souvenirs, etc., people have loved to collect things that resonate with their interests and passions. Imagine owning your favorite celebrity's memorabilia or a virtual gallery of digital artwork you can take anywhere. Yes! This is possible through non-fungible tokens (NFTs) on the blockchain. NFTs are a type of crypto token representing physical assets and cannot be interchanged or…
4 years ago
The Best Crypto Tools to Track DeFi Projects
When determining the hottest DeFi projects, you need to use every tool. The market has seen considerable growth over the last year. As a result, there are now more networks, features, and services than ever. However, sorting through these projects' hype and technical jargon may be a bit much for those new to DeFi. New investors can feel overwhelmed by the sheer pace of DeFi's growth. Luckily, today, some tools in the market allow you to judge projects purely based…
4 years ago
Top Crypto Trading Bots For Coinbase Pro
At some point, every crypto trader must figure out if they are ready to incorporate crypto trading bots into their strategy. Trading bots are automated protocols that execute trades based on preset market indicators. Bots simplify trading and are an excellent way to ensure you take advantage of trading opportunities. Recently, there has been an influx of traders onto the popular exchange Coinbase Pro. Coinbase Pro is the advanced version of the largest exchange in North America, Coinbase. It provides…
4 years ago
FOMO or Momo? Examining Two Popular Trading Strategies
Trading in financial markets is quite tussling, especially considering the statistical analysis involved. The market volatilities, abnormal price plunges, and other risks make it even more difficult. Be it securities, cryptocurrency, or other tokens. It requires an investor with great expertise and patience to make profits while trading. Different traders have tried other trading techniques to earn in the financial and crypto markets. Among the strategies include FOMO and Momo trading. What is FOMO or Momo? How do they work?…
4 years ago
What are Crypto-to-Crypto Exchanges and Why They are Important
Crypto-to-crypto exchanges remain a critical part of the blockchain sector. These platforms help regular users exchange one kind of digital asset for another based on the given assets' market value. Since the earliest days of the crypto market, there has been a demand for these services. Nowadays, there are various crypto-to-crypto exchange protocols in the market. Centralized Exchanges (CEXx) Centralized exchanges (CEXs) are the most popular type of crypto-to-crypto exchange. These platforms allow users to load their funds onto network…
4 years ago
The Best Cryptocurrency Exchanges for Newbie Traders
Finding the best cryptocurrency exchanges for newbie traders can seem daunting. For a new user, it's hard to know where to begin. There are dozens of popular crypto exchanges at this time. Each exchange has its features, and many serve niche markets. Rather than wade through the masses until you find an exchange you like, some top platforms have earned a reputation as a wise starting point for newbie traders. KuCoin KuCoin is a popular exchange that has been described…
4 years ago
Top Centralized Exchanges to Trade Crypto in 2023
Centralized exchanges are the most popular type of exchange in the market today. These exchanges differ from DEX (decentralized exchanges) because a centralized firm runs them. In most instances, centralized exchanges are custodial. You must load your funds onto the exchange's network wallet to trade your digital assets. Many investors prefer centralized exchanges over other options because they can be regulated and offer insurance services. Bitfinex Bitfinex has been a major contender in the market since December 2012. As one…
4 years ago
Top 5 Altcoin Exchanges in 2023
The 2021 surges in altcoin prices have led to an influx of new investors seeking these valuable digital assets. An altcoin is any coin other than Bitcoin. The term came about in the early days of the crypto market. At that time, there were only a handful of coins available. Today, nearly every exchange offers some form of altcoins to trade. Unlike the early days, altcoins today outperform Bitcoin in terms of technical characteristics. For example, altcoins can perform millions…
4 years ago
9 Wallets to Safely Store Your Bitcoin in 2023
As Bitcoin continues to grow, it might be time for you to take a moment to reconsider your security. The crypto market has come a long way in the last 14 years, but most of the sector remains unregulated. In addition, the ever-growing list of new features, networks, and exchanges can confuse users. Of course, the one thing everyone can agree on is that losing your cryptocurrency because you didn't keep it stored safely is a real tragedy. Trezor Model…
4 years ago