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…
Traders
With Fezoo’s (FEZ) Launch, Stellar (XLM) and Cosmos (ATOM) Traders Predict a New Frontier in Crypto Exchange Services
The crypto industry is big enough for new and innovative players. Stellar (XLM) and Cosmos (ATOM) traders are predicting that Fezoo (FEZ), a new decentralized exchange (DEX), will become a platform of choice for users who want improved security, lower fees and transparency. When Fezoo (FEZ) launches, will it be worth the salt of Stellar (XLM) and Cosmos (ATOM) traders who are eagerly waiting for its crypto exchange services? Stellar (XLM): Soroban Goes Live, $100 Million Allocated to Adoption Fund…
1 year ago
As Tether (USDT) Holds Steady, Binance Coin (BNB) Traders Eye Kelexo’s (KLXO) Presale for Diversified Lending Ventures Amid Market Volatility
Stablecoins like Tether (USDT) are usually sheltered from market volatility and price fluctuations. The token has been left untouched by the recent fall in prices of notable crypto tokens and alt-coins like Binance Coin (BNB). While both the Tether (USDT) and Binance Coin (BNB) are experiencing different realities in the market, their investors seem united in a common goal of buying Kelexo’s (KLXO) presale tokens. Investors are flocking to the Kelexo (KLXO) presale as general coin prices plummet. At $0.05,…
1 year ago
Raffle Coin’s Presale, a Game-Changer with 50X Hopes, Draws USDC and Cardano’s Traders for Unique Raffle Experiences
The crypto market bull run is settling after the first wave. This first wave saw several tokens rising sharply while investors hurriedly pulled out their gains. This pull has now seen some of the tokens dropping to considerable prices. In response, traders diverge to Raffle Coin (RAFF) and other new tokens as they do not know how much this price drop will affect them. USD Coin (USDC) Holders Expect More From Staking Platform USD Coin (USDC) lets holders earn passive…
1 year ago
100X Predicted Koala Coin (KLC) Lights Up the Market: Ethereum (ETH) & Bitcoin (BTC) Traders Add a Touch of Whimsy to Their Portfolios
Exciting newcomer Koala Coin (KLC) emerges at a time when crypto giants Bitcoin (BTC) and Ethereum (ETH) are carving their marks through significant market shifts and tech innovations. This novel contender is set to captivate the crypto community with its presale phase. Currently positioned at stage one and valued at $0.014, Koala Coin (KLC) transcends the traditional investment paradigm by offering an expedition into a realm where the zest of memes collides with financial ingenuity. Koala Coin (KLC): The New…
1 year 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
The Difference between Investors and Traders in the Crypto Market
Before buying any cryptocurrency, you must decide if you want to be an investor or a trader. Familiarizing yourself with the difference will save you from massive loss. The worst thing you could do when entering crypto markets is an investor who thinks like a trader or vice versa. People can use the coins to purchase goods or services, buy and hold cryptos, diversify their portfolios, or buy and sell cryptocurrencies to profit from short-term price movements. These participants use…
5 years ago
The ATO To Pursue Crypto Traders Over Tax Dues
Reports emerging from Australia indicate that the Country's tax administrator, The Australian Tax Office (ATO) is preparing to seek out crypto traders concerning their tax obligations. Tax Claim Goes Back Several Years A media report on Wednesday cites an ATO spokesman confirming that the agency will contact over 35,000 traders regarding their tax compliance spanning a few last years. The Australian law regards cryptos as property subjecting them to capital gains tax. Thus trades are mandated to report all proceeds…
5 years ago
Five Tips to Trade in a Bear Market
Bear markets are brutal when they hit. Fortunately, they tend to be much shorter when compared to Bull Markets. But if investors are not well equipped strategically, a small drop will make them panic sell, which could wipe away all their savings. A Bear market is any market condition that shows a downtrend after considerable growth. Most investors consider the bear market an indicator of a failing market and industry. But to a seasoned investor, the bear market represents an…
5 years ago