Bitcoin’s Soaring ROI: Over the past 5 to 10 years, Bitcoin has displayed an exceptional surge in Return on Investment (ROI), positioning itself as a remarkably lucrative asset. The cryptocurrency’s exponential price appreciation, from a few hundred dollars per coin to reaching several tens of thousands, has outperformed traditional stocks […]
Author: Will Izuchukwu
Only 5.8% Of Bitcoin Supply Is Held On Exchanges
The current state of Bitcoin’s distribution and whale activity reflects a significant shift in the cryptocurrency landscape since its peak in December 2017. With only 5.8% of Bitcoin supply held on exchanges, the lowest since 2017, there’s a growing trend of investors withdrawing their assets from centralized platforms. Implications This […]
Ethereum Network Surges As Whales Hit New Milestone
During the recent market decline that pushed Ethereum’s price below $1,650, the network witnessed a significant increase in large address activity, reflecting the heightened volatility in its price. This phenomenon indicates that both retail and institutional investors are actively engaged in trading and transferring Ethereum during these turbulent market conditions. […]
Top Recent Crypto News To Watch Out For This Month
The cryptocurrency market is constantly evolving, and it can be difficult to keep up with the latest news and developments. However, there are a few key pieces of news that traders and investors should be aware of particularly this period, as they could have a notable impact on the market. […]
5 Strategies To Stay Active in the Cryptocurrency Space During Bear Markets
During a bear market in the cryptocurrency space, when market conditions are unfavorable for traditional investments, there are several alternative activities and strategies you can consider to stay engaged and potentially benefit from the downturn. Here are five cryptocurrency-related options to explore: Educational Endeavors: Utilize the downtime to deepen your […]
Top Ten (10) Metrics For Trading Cryptocurrency, Beyond Price Analysis
When trading cryptocurrencies, monitoring various metrics is crucial for making informed decisions. Social and fundamental indicators play a significant role in assessing the potential value and volatility of a cryptocurrency. Social metrics involve gauging community sentiment and engagement, which can influence price trends. Monitoring online forums, social media discussions, and […]
Three Altcoins(LTC, XRP, XLM) On Recovery Path After The Crypto Meltdown Last Week
Last week, the cryptocurrency market experienced a widespread drop in market capitalization, affecting various altcoins, including Litecoin ($LTC), Ripple ($XRP), and Stellar ($XLM). However, recent developments indicate that these altcoins are showing signs of recovery, with market value to realized value metrics indicating that many traders are currently facing significant […]
Cardano Regains Top Development Activity Slot, Polkadot And Kusama Makes Solid Moves As Well
In 2023, the development landscape in the cryptocurrency space witnessed intriguing dynamics. Polkadot and Kusama, both known for their innovative approaches to blockchain interoperability, initially dominated GitHub activity, showcasing their commitment to continuous improvement and technological advancement. This active involvement signaled their dedication to refining their platforms and fostering a […]
Is Crypto A Money Making Machine?
Cryptocurrency has been making headlines lately, with some people becoming millionaires overnight by investing in it. But is crypto really a money making machine? The answer is yes and no. Yes, there is the potential to make a lot of money in crypto, but it’s important to remember that there […]
The Crypto Market Just Recorded The Biggest Liquidation Since The FTX Exchange Blowup
The recent sharp decline in Bitcoin’s price from $29k to $25k within 24 hours has sent shockwaves through the cryptocurrency market. This significant drop has resulted in the liquidation of 174,892 traders, amounting to a staggering $1.04 billion in total liquidations. Biggest Liquidation Since FTX Collapse Long positions totaling $843.83 […]
Cryptocurrency Investment Precautions
Cryptocurrency investors must exercise caution and discretion when navigating the volatile market. Several circumstances warrant refraining from making investments. First, sudden regulatory changes or governmental bans on cryptocurrencies can have a detrimental impact on the market. Investors should closely monitor regulatory developments to avoid potential losses. Technological Vulnerability Second, technological […]
Crypto Whales Remain Active Amidst Yesterday’s Dump
The recent significant price drop in the crypto markets happened yesterday and it has left an atmosphere of uncertainty and volatility. The aftermath of this event has been marked by notable activities, particularly in the Bitcoin (BTC) realm. Large transactions of $1 million or more involving BTC have become conspicuous, […]
Top 3 Memecoins With Fast Growing Development Activities To Watch In 2023
The cryptocurrency market is showing some signs of heavy volatility at this moment and some memecoins are still taking development very seriously. Here are the top 3 memecoins that are currently taking developments seriously with recent launches and burn plans: Baby Doge Coin (BABYDOGE): Baby Doge Coin is a memecoin […]
Cryptocurrency Criticisms And Acceptance
Cryptocurrencies have been the subject of much criticism since their inception. Some of the most common criticisms of cryptocurrencies include: They are a bubble that is bound to burst. They are used for illegal activities, such as money laundering and drug trafficking. They are too volatile and risky to be […]
Top 5 Terrible Mistakes Most Traders Make
Cryptocurrency trading is a risky business, and even experienced traders can make mistakes. However, there are some common mistakes that beginner cryptocurrency traders often make. Here are the top 5 bad mistakes cryptocurrency traders often make: Not doing their research. Before you invest in any cryptocurrency, it’s important to do […]
Top 6 Trending Cryptocurrencies For Trading This Week: HBAR, BAKE, APE, LIT, BLZ, RUNE
LunarCrush, a social media analytics platform for crypto, has revealed the top trending cryptocurrencies for trading this week. The coins on the list have seen a significant increase in social media mentions and activity, which could indicate that they are poised for further price gains. The top trending coins for […]
Bitcoin And E-mail Disruption
Introduction: Email revolutionized communication by making it instantaneous and cost-effective, significantly impacting traditional postal services. The post office, once vital for sending letters and documents, experienced a decline in demand as emails offered quicker delivery and eliminated the need for physical transportation. Email’s digital nature transformed how people communicated, enhancing […]
How Fan Tokens Drive Crypto Adoption; Top 5 Fan Tokens For Investment
Fan tokens are a type of cryptocurrency that are issued by sports teams and other organizations to give fans a more direct way to engage with their favorite teams. Fan tokens can be used to vote on club decisions, access exclusive content, and get discounts on merchandise. They can also […]