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…
Trading
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
Bitcoin and Ethereum Awaiting Confirmation of Market Direction
Key Takeaways Bitcoin reaching key support zone. Ethereum appears to want a rally but lacking conviction on the USD and BTC pair. BTC/USD Weekly Daily After 26 days, Bitcoin decided to make a move - many were expecting a bounce, but this proved to be premature. On Wednesday, BTC/USD fell through its range support at the $7800 zone, finding a new local bottom at $7308. The 200-week moving average was acting as support for this range until the price fell…
6 years ago
Beginner’s Guide to the Types of Cryptocurrency Exchanges
With the constant surge in cryptocurrencies and their applications, investors and traders demand Cryptocurrency Exchanges perform trading. Therefore, Crypto Exchanges play a vital role in the development of the blockchain industry. Simply put, a Cryptocurrency Exchange allows investors to trade instantly and buy or sell cryptocurrencies. For investors looking to enter the cryptocurrency space, a centralized exchange is still the most common means of doing so. But the list doesn't just end there. One must know about the other options…
6 years ago
Cryptocurrency Exchanges Most Appealing to Technical Traders
To effectively day-trade cryptocurrency or any instrument, traders must consider many considerations and variables. The factors can be external and technical. External factors include public perception, regulatory news, updates, profit statements, etc. Therefore, external factors have to be studied carefully and updated. On the other hand, technical details may include the perceived future trend, long-term and short-term positions, and so on. For a trader, the external factors can be effectively managed by updating their portfolio based on the news they…
6 years ago
Bitladon will offer a 3% interest rate on stable coins
AALSMEER October 4th, 2019 - Bitladon will start offering an interest rate of 3 percent on stable coins they offer. These are; TrueUSD, Paxos Standard, TetherUSD, and Dai. During the last months, we have seen multiple reports and news articles regarding negative savings interest. Pay to trust a bank with your savings? It sounds crazy, and it actually is. Why Bitladon offers an interest rate on stable coins At this moment, multiple banks in Europe offer an interest of less…
6 years ago
The Beginner’s Guide to Binance Coin – What You Need To Know
A little more than three years have passed since its release, and Binance Coin (BNB) is enjoying both a successful evolution and a promising future. While you cannot mine it, you can use this utility token from Binance Exchange for online payments and buy virtual gifts on various platforms. Furthermore, you can purchase BNB with fiat currency at over 150 CoinFlip ATMs across the US. If you are trading cryptocurrencies on Binance and aren't using Binance Coins yet, you are…
6 years ago
Bitrue Leads The Way As A Provider of Crypto-Backed Loans
Young exchange plans to unite the crypto industry with traditional financial markets. SINGAPORE - September 23 - Bitrue, a crypto exchange with financial services, announced plans to offer loans to users who pledge cryptocurrency held on their platform. Starting September 30, Bitrue users will be able to pledge BTC, XRP, stablecoins, and more to receive loans in BTC, XRP, ETH, and USDT. Over time support for more altcoins will be added as collateral and loan options to maximize the service's…
6 years ago
Top 3 Mobile Exchanges for the On-The-Go Investor
Cryptocurrency is one of the most volatile markets anyone has ever seen. Due to its relatively nascent nature, the market shows vast fluctuations, with some coins claiming more than 70% volatility in a single day. Of course, this volatility goes way beyond their risk profile for most investors, but some in the crypto community enjoy and are thrilled by such a challenge. Investors who like to take advantage of volatility and want to make informed decisions periodically must stay updated and…
6 years ago
Why Bitrue Exchange is The #1 Exchange You Need To Know About
We’re always providing our readers with the best value and information and ensuring they get the utmost utility out of the crypto market. So let us explore Bitrue and see why we think it is the #1 exchange everyone needs to know about. Registered in Singapore, Bitrue is a cryptocurrency exchange that aims to deliver the best value to its customers by allowing user feedback to direct their development roadmap. This strategy will surely raise them to heights in the…
6 years ago