Bitcoin

Since 2018, the cryptocurrency market has undergone tremendous growth thanks to growing interest and adoption from the general population. The crypto market value topped $2 trillion for the first time in 2021, indicating the continued growth of the lucrative market despite the 2020 pandemic that brought financial markets to their knees. Better still, 2021 saw Bitcoin crossed $1 trillion in market cap compared to the $276.63B market cap on January 7, 2018. The “Global Blockchain and Cryptocurrency Market 2021" established…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The crypto market ends the week with a total market capitalization of $1,959 trillion. Bitcoin lost nearly 9% of its value to fall by almost $10,000 from $64,000 this week. Ethereum set a new ATH for the third week in a row but lost 2% over the week. XRP lost almost 10% of its value during the past seven days. Binance Coin also set a new…

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…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,056 trillion. Bitcoin increased by nearly 3% but still couldn’t overcome the $60,000 barrier. Ethereum sets a new ATH for the second week in a row after a 4% increase. XRP increased by roughly 135% after a minor victory in the lawsuit against SEC. Binance Coin increased by almost 40% to set a new…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! THIS WEEK’S SUMMARY The Crypto Market ends the week at a total market capitalization of $1,928 trillion. Bitcoin increased by more than 4% over the week despite losing over $3,500 on Sunday. Ethereum increased by roughly 21% over the week to set a new all-time high record. XRP continues to grow with another 10% value boost. Binance Coin also set a new ATH after a 27% increase in the…

Bitcoin fungibility has long been the center of a debate that has waged on since its early days. In Bitcoin's infantile stage, most people wrongly believed the coin to be anonymous. However, nowadays, it’s well-known that Bitcoin isn’t private. In most ways, due to its open blockchain, it’s quite the opposite. This realization has led to some heated debates regarding the world's fungibility's first cryptocurrency. What is fungibility To understand the Bitcoin Fungibility debate, you first need to understand what…

Is position trading profitable? The answer to this question is yes. This strategy made the top 25 highest-earning hedge fund managers generate billion in profits in 2022. Position trading involves HODLing positions or crypto assets for an extended period, usually months or years. Position traders ignore short-term price movements to profit from longer-term trends. This trading technique is suitable for various trading markets ranging from cryptocurrencies, stocks, bonds, and commodities to forex. In the crypto-verse, the strategy has seen tremendous…

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…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! THIS WEEK’S SUMMARY The Crypto Market ends the week at a total market capitalization of $1,792 trillion. Bitcoin increased by almost 18% to reach nearly $62,000 and set a new ATH. Ethereum increased by nearly 13% to trade above $1,800 again. XRP lost almost 4% of its value over the week. Binance Coin, Polkadot, and other altcoins continue to increase in value. The DeFi sector added almost $7 billion…