Crypto Trading

Investing in cryptocurrency may seem tricky at first. However, you should find winning strategies easier once you break them down into simple steps. In 2023, millions of people traded Bitcoin daily with various degrees of success. The market provides investors of all levels with numerous opportunities. So, why not start now if you want to dip your feet into the crypto sphere? This article discusses the easiest ways to make your first cryptocurrency investment in 2021. Choose a market to…

The ruling Democratic Party of Korea (DPK) has resolved to delay imposing taxes on gains from cryptocurrency transactions. The DPK reached a verdict to reschedule the timing for another year than earlier planned. South Korean politician Hong Nam-ki affirms that the crypto tax code will start soon. The majority Democratic Party has been aiming to postpone it to 2023. This development comes ahead of the presidential election next year. It is targeting a voter base under 30 years who have invested heavily in the digital asset.…

Today, Robinhood announced that their platform had stopped functioning correctly, but they are working to resolve the issue as early as possible. A commission-free mobile application allows people to invest in publicly listed companies and other listed funds on U.S. exchanges. Users Face a Hard Time Due to Functionality Issues Robinhood announced the feedback and complaints from their customers about poor functionalities in the morning hours. About 61% of their customers complained about lagging and poor user interactions with Robinhood’s official website. Mobile brokerage features reported…

The United Arab Emirates financial regulators have allowed crypto trading in an economic-free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) signed an agreement with UAE's SCA to support the regulation and trading of cryptocurrencies. The deal advances the UAE's commitment to becoming a crypto-friendly global hub. Allowing Crypto Trading in Dubai The latest effort creates a structure that will allow the DWTCA to provide the appropriate approvals. Also, they will get to offer licenses for financial activity…

According to reliable sources, California-based Cambrian asset management reaped about a 76% profit from virtual assets from the start of 2021 through August. The $200M financial entity trades around 50 digital assets with leverage against the assets’ volatile nature. The hedge fund started treading the digital-asset fund landscape about three years ago. Over the years, it garnered specialists from big firms like Winton Capital. The firm projects to widen its scope enough to serve more crypto enthusiasts. Additional Investment Assets for Investors In…

The crypto world's decade-long existence has yet to be flawless. Like in any other market, a bear trend always leads to massive losses. The 2008 market crash is one of the biggest bear markets in the financial world. Also, others occurred in the following years.  Crypto has also seen cases of long market crashes, some lasting over a year. This guide will be looking into 5 of the must-know crypto market crashes. Furthermore, it will highlight the reasons behind the…

JPMorgan has issued its financial advisors permission to give all its wealth-management-pp clients access to cryptocurrency funds. This move makes it the first large bank to expand crypto trading access beyond just ultra-wealthy clients. JPMorgan's advisors can execute only "unsolicited" crypto trades. Advisors cannot recommend the products but can buy or sell on behalf of a client's request. The bank informed advisors that they can now take orders to trade five cryptocurrency products. They include; Grayscale's Bitcoin Trust, Bitcoin Cash…

The golden cross shows a positive signal when a relatively short benchmark passes over a lengthy rolling average in a price chart. A bullish breakthrough pattern generated by a security's short trend line (including the carbon tax moving average) breaching well above the longer moving average (such as the 50-day exponential moving) or resistance level is known as the golden cross. The gold crossing gets its strength from large trade volumes. Above all, it signals a market crash in the…

Cryptocurrencies today account for a trillion-dollar ecosystem whereby investors can leverage transparency, anonymity, and security in their financial endeavors. Although, the major downside comes when attempting to analyze the values of digital assets, especially with the volatility tendencies.  Due to this reason, it is necessary to use several indicators which predict the possibilities of upcoming bearish or bullish trends in the market. For example, one indicator traders employ is the death cross pattern, which usually represents the possibility of an…