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…
Crypto Trading
The Basics of Crypto Trading – What you Need to Know
As easy as you may think, trading is merely buying and selling goods; well, trading in cryptocurrency is the same but a lot harder. Even so, the profits you can generate through crypto trading are worth all the hassles. But first, you must be familiar with and understand all the basics of crypto trading before deciding to invest highly. Many investors have testified to the benefits of trading in cryptocurrency. Thus numerous traders have flooded the market, hoping they can…
5 years ago
SWFT Blockchain’s newest revolutionary release: Octopus Trade
Crypto enthusiasts keen on trading at the best possible prices from the entire crypto market can now be delighted: SWFT Blockchain just released the Octopus Trade, which is the answer to all their worries. Everybody is searching for the best price when trading cryptocurrencies, and that is both exhausting and difficult. The first step any crypto enthusiast will do is to research multiple exchanges while searching for the best price. When you finally identify the best price out there, you…
5 years ago
Crypto Exchanges to Experience Margin Trading Restrictions in Japan
According to reports, Bitcoin and Crypto exchanges in Japan will soon experience limitations on margin trading. The Japan Times pointed out that there are plans to restrict margin leverage to two times the aggregate of the trader’s deposits. The news outlet cited the country’s Financial Services Agency (FSA) as the source. FSA sources noted that the move was a measure against volatile times in the crypto market. It comes after the domestic exchange industry imposed a limit of four times…
5 years ago
Binance Introduces Thai Baht and Australian Dollar into Its Ecosystem
Following Binance announcement, it explains the collaboration exchange with Satang Corporation, which is considered as the oldest digital currency exchange in Thailand. Based on this collaboration, the main point of focus was in light of the Thai Baht (THB) fiat channel establishment following exchange in Malta. Binance Collaboration Satang co-founder, Poramin Insom, expressed his opinions regarding the collaboration. He explained his thoughts stating that he was impressed and proud of the introduction of digital currency assets to the citizens of the…
5 years ago
Cryptocurrency Brokers vs Exchanges – How do They Differ?
In today's day and age of digital growth and technological advancements, almost everyone has heard of Bitcoin. From being obscure in 2010 to being an asset of great value as of 2023, cryptocurrencies and blockchain technology have come a long way. To put it into perspective, blockchain technology was once thought not to last the trial time presents. Not only has blockchain technology proven its detractors wrong, but it has also found its place in several business sectors, including travel,…
5 years ago
Bitcoin Option Introduced on Okex Exchange Trading
Okex platform recently expanded derivative trading. The announcement made by the exchange maintained that it is launching a test on Bitcoin futures. Okex is a renowned exchange, which currently very active in future trading, and therefore the leading Bitcoin futures operations. Options carry higher risks, but enable bitcoin trading, on the basis of predictions. At the moment, predictive markets are becoming speedy, as anticipations tend to become further crucial even than real activity on the spot market. Additionally, Bakkt exchange…
5 years ago
XRP and Fiat Pairs Now Available on Binance Exchange
Recently, Binance Exchange confirmed the addition of new XRP and ETH fiat pairs to its platform. The exchange will support three fiat pairs with Turkish Lara (TRY) that feature ETH, XRP, and USDT. Additionally, Binance users can now trade USDT against the Russian Ruble (RUB). In December of 2018, Binance added XRP as a base currency and renamed its ETH market to ALTS markets. Last month, the Turkish Lara got added to the crypto exchange, and Binance only allowed its…
5 years ago
Kraken Exchange Acquires the Once-Powerful Circle’s OTC Desk
Founded in 2013, the San Francisco-based cryptocurrency exchange Circle is one of the earliest digital assets players. The OTC office once got recognized as one of the most profitable companies on the market. On 17 December, Kraken confirmed its purchase of Circle's over-the-counter office. In a blog post announcing the move, Circle co-founders Jeremy Allaire and Sean Neville confirmed the firm's OTC business's sale to Kraken. They stated that they have known and admired Jesse and his team at Kraken…
5 years ago
Beginner’s Guide to Trading Cryptocurrencies
Investing in crypto without understanding how the network works is a recipe for disaster. One needs to understand what he is getting into and learn about the specifics to track usage and growth and ultimately profit off the market. Investing in crypto is more on the lines of venture capital than public equities/stocks. Crypto fundamentals are important news, user growth, transactions per block (or block size), fees, confirmation time, and security. However, understanding the fundamentals of crypto requires a deep…
6 years ago