Bitcoin and cryptocurrencies have become increasingly popular and are gaining acceptance worldwide. However, governments and regulators are still struggling to keep pace with the rapidly evolving cryptocurrency industry. In recent years, we have seen a number of legal actions taken against cryptocurrency-related companies and individuals, and one of the latest cases involves 1pool Ltd., an international Bitcoin-funded securiti
Bakkt revealed the first crypto product as physical bitcoin futures. Will that be the trigger for the big bitcoin bull run?
On the 3rd of August, Intercontinental Exchange (ICE) announced the launch of a cryptocurrency/digital asset platform dubbed Bakkt. The project, which is backed by A-list firms like Microsoft, BCG, and Starbucks will provide a “scalable on-ramp for institutional, merchant and consumer participation in
We take you through the basics of crypto trading psychology and how to make sure you are trading with the right mindset. Make sure to apply these principles or otherwise you will lose. Apart from reading crypto trading books and attending seminars, there are other factors that define a winner in the crypto market. Critical among these factors is traders’ crypto trading psychology.
A trader’s crypto trading psychology dete
During the past few years, Bitcoin got lot of media attention and people saw the coin as an investment opportunity. Even so,during the past 6 months it experienced, what some might call, “a steep decline”. The diehard critics went further and said that Bitcoin is slowly dying. Most of them pretend that it’s only a matter of time until Bitcoin will vanish, they call it a Ponzi scheme.
Well, there are ups and downs in eve
Speculation on crypto price has for a long time been the main route for people to access cryptocurrency. Is this something that is bad or can it work in your advantage?
What Is Crypto Speculation?
Speculation is the act of allocating funds to financial transactions that are considered to be substantially risky. You must be wondering: “why will anyone put his or her money in a deal that could fatally crash?’
The thing is
Not having an investment plan for cryptocurrency investing, or any other market for that matter, can result in heavy loss of your funds. A long-term investment approach is just one of the strategy you can choose to adopt. Find out the best cryptocurrency investment strategy here.The crypto market is poised for another bull run as various institutional investors are eyeing the possibilities of adopting cryptocurrencies. As such
Bearish:
Hong Kong-based cryptocurrency exchange OKEx announced that it will delist 50+ trading pairs with low liquidity and trading volume. Reminder: earlier this month, OKEx added support for 4 new stablecoins pegged to the U.S. dollar: GUSD, PAX, USDC, and TUSD.
Bullish:
the Shenzhen Court of International Arbitration declared that cryptocurrencies such as Bitcoin must be treated as legal property, despite the ban from
The primary word associated with Bitcoin is decentralisation. This means that with no central authority presiding over its flow and distribution, the question on the mind of many is where do Bitcoins come from?
It is easy to understand that fiat currencies are everywhere because Central banks are there to decide when and how to print and distribute them. Bitcoin is a virtual currency which means you don’t get to see them in
Hackers:
the official Twitter handle of Google’s G Suite has been compromised to promote 10,000 Bitcoin (BTC) giveaway scam to its 822K followers. An official Twitter account of US retail giant Target has been hijacked to promote fake giveaway to almost 2 million followers. Numerous high profile verified Twitter accounts have been recently hacked to promote malicious giveaways. The list of victims includes celebrities, pol
Bearish:
the U.S. Securities and Exchange Commission (SEC) has charged the founder of decentralized exchange EtherDelta, Zachary Coburn, with a violation of the federal securities laws for operating an unregistered securities exchange. EtherDelta is a smart contract on the Ethereum blockchain, which acts as a secondary market for trading ERC-20 tokens, including tokens that are securities under the federal law. However, the
Bearish:
Arthur Hayes, the CEO of Hong Kong-based cryptocurrency exchange BitMex, told Yahoo Finance that the lack of volatility in Bitcoin (BTC) could continue in 2019 and 2020, while price might slowly fall to as low as $2,000. He further explained that Bitcoin requires volatility to gain mainstream adoption, but media writes about things that move, so “no movement, no coverage”. Reminder: in July, Arthur Hayes stated o
In 2021, even the most perplexing
Bermuda Triangle mysteries have been solved. However, the identity of Satoshi
Nakamoto's creator is still shrouded in secrecy. Bitcoins are now worth more
than $46,000 each. In November, Bitcoin's value reached an all-time high of
US$68,000, and analysts anticipate that the cryptocurrency's price will reach
US$100,000 by 2022. The identity of BTC's originator remains a mystery, despite
t
It wasn't clear how the bitcoin mining business would evolve when first introduced in 2009. As a result, the world's first cryptocurrency quickly established itself as the dominant player in the market, far ahead of its rivals because of the highest number of bitcoins mined today.Another crucial milestone has been reached for bitcoin mined. Another crucial milestone has been reached for Bitcoin. 90% of all&
Craig Wright, the self-proclaimed "creator" of Bitcoin, has won a legal battle that would enable him to keep a massive stash of the cryptocurrency bitcoin worth billions of dollars.Craig Wright, the self-proclaimed "creator" and inventor of crypto, has won a legal battle that would enable him to keep a massive stash of the cryptocurrency worth billions of dollars. Wright will retain ownership of 1.1 million Bitcoin, valued
Throughout its 13-year history, Bitcoin has been the most valuable cryptocurrency by market capitalization. Still, its dominance has dwindled from a stable over 80 percent in 2013 to an average of 50-60 percent in the next four years.Altcoin to watch 2020 market share had fallen to an all-time low of 32.81 percent on January 15, 2018, when the total cryptocurrency market capitalization reached $700 billion. Because of the in
There are numerous ways to earn bitcoins, but you must
remember that they will take your money and time in regular currency. You can
employ a variety of bitcoin cryptocurrency investment sites. We've listed a few ways to make money using bitcoins below: 1. Buy and hold Bitcoin Cryptocurrency StockYou may hold off on selling for weeks, months, or even
years. DCA is a method of investing your entire sum of money in min
Major Insights-
WazirX, a popular Indian cryptocurrency exchange, recently shut down its NFT Marketplace due to technical and legal concerns.
The closure has had a significant impact on users, including uncertainty about the fate of their investments and the reliability of cryptocurrency exchanges in India.
It's unclear what's next for WazirX, but possible scenarios include reopening the NFT Marketplace, expan
Bitcoin, the world's largest cryptocurrency, surged on Sunday to its highest level in nine months, as global banking turmoil led investors to seek refuge in the digital asset.
The price of Bitcoin climbed to $62,132, the highest since May 2022, according to data from CoinDesk. The rally comes amid increasing concerns about the health of traditional banking systems, as well as growing demand for digital currencies as a store o
Have you ever wondered how you can earn cryptocurrency without actively trading it? Crypto mining and staking are two popular methods that allow you to earn rewards passively.
Crypto mining is the process of validating transactions on a blockchain network by solving complex mathematical problems. This process allows miners to earn cryptocurrency, which is then added to the circulating supply. However, crypto mining is an invo
