Stuck right below its 2017 all-time high, Bitcoin is moving sideways with low volatility over the past few days. The crypto market is preparing to close another monthly candle in the coming days. This event is set to move BTC and other cryptocurrencies, but in what direction? At the time of writing, Bitcoin (BTC) trades…
BingX, the most popular social cryptocurrency exchange, has set a record by becoming the first cryptocurrency exchange to integrate copy trade subsidy vouchers. These are intended to reimburse consumers for any losses they may sustain. Less competent traders can use copy trading to automatically replicate positions created and maintained by more active investors. According to…
EasyFi’s On-chain Permissionless Margin Trading Protocol aims to bring scale to the burgeoning DEX based trades The permissionless and composability ethos of the DeFi space has allowed the creation, listing and trading of the almost 20000 tokens and coins with varying degrees of liquidity, volumes and growth. Leveraged trading, however, has had its share of…
Since the completion of the Ethereum Merge, sentiment among the community has remained positive. There had been no withdrawal mechanisms coded into the hard fork, which meant that the feared dump of millions of ETH into the market did not happen. What had happened is that the amount of ETH that was being staked on…
Tron (TRX) holders have been on rough terrain since August with the bears dominating the market. The tables might be turning though in favor of the bulls as shown on the charts. TRX bulls hint at a comeback after a long period of takeover by the bears TRX price down by 0.87% RSI divergence hints…
The Bitcoin price continues to trade in a tight range between the mid area around $18,000 and $19,500. The cryptocurrency has been moving sideways after a rejection from the $20,000 level which has led to a spike in fear and uncertainty across the nascent sector. At the time of writing, the Bitcoin price trades at…
The successful Ethereum upgrade to proof-of-stake consensus is receiving more backlashes from the market. Therefore, the Ethereum upgrade should produce only positive feedback, but where there are merits, demerits must exist. One of the aftermath challenges the industry faced since the Ethereum upgrade was the drop in GPU prices. Graphic Processing Units (GPUs) in crypto…
Among other investment assets, cryptocurrency is prominent when it comes to volatility in prices, including altcoins such as Chainlink. While an uptrend matters a lot to daily traders, dipping could be favorable for accumulation for long-term investment. The crypto market over the weekend saw slight positive progress in the prices of most tokens. The past…
In only the past week, ALGO has grown by a whopping 30%. Some may not be surprised by this development, as Algorand collaborated with FIFA to create FIFA+ Collect, a platform where fans can buy digital collectibles in the form of NFTs. There has been a dramatic impact on the environment as a result of this…
BTC price ranges below 50 and 200 EMA on the daily timeframe. Price continues to range in an asymmetric triangle during the four-hourly timeframe. BTC price closes the week bearish for two weeks as the price gets stuck between bulls and bears. The price of Bitcoin (BTC) has seen more of a drawback than a…
