In recent weeks, the Bitcoin market has witnessed a surge in aggressive shorting on major exchanges, most notably on Binance. This development has sent ripples through the cryptocurrency community, with traders and analysts closely monitoring the situation. As a result of this increased shorting activity, Bitcoin’s price has experienced a […]
Tag: trading
Cryptocurrency Resilience Shines Amidst Fed’s Rate Decision and Stock Market Volatility
In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation. This decision comes at a time when the global financial landscape is […]
Bitcoin’s Onchain Activity Surges, Reaching April Levels
Bitcoin, the world’s leading cryptocurrency, is experiencing a resurgence in onchain activity that hasn’t been seen since April. This surge in utility and engagement within the network is sparking excitement and speculation within the crypto community. Active 1.1M Addresses In September One of the standout metrics is the remarkable increase […]
The Meaning Of Crypto Fear And Greed Index’s Readings And The Interpretations
The Crypto Fear & Greed Index is a tool that measures the sentiment of the cryptocurrency market. It is calculated by taking into account five factors: Volatility Market momentum/volume Social media sentiment Surveys Dominance Trends The index ranges from 0 to 100, with 0 representing extreme fear and 100 representing […]
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 […]
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 5 Leading Data/Analytics Crypto Providers And More
The cryptocurrency market is a rapidly growing and evolving space, and data and analytics providers are playing an increasingly important role in helping investors make informed decisions. Here are five of the leading data/analytics providers in the crypto space: 1. Chainalysis Chainalysis is a blockchain analysis company that provides compliance […]
Spot Trading Vs Futures Trading: Exploring Hidden Advantages
Spot trading and futures trading are two distinct methods of engaging in financial markets, each with its own advantages and disadvantages. While both approaches offer unique opportunities, the choice between spot trading and futures trading depends on the specific preferences and characteristics of the investor or trader. Spot Trading Spot […]
Can Volatility in Crypto Prices Cause Severe Mental Health Issues?
Cryptocurrency markets have been quite volatile since November of 2021. With the prices of various cryptocurrencies rising drastically over Q4 2021 and continuing their bearish momentum for the first half of 2022, there’s no doubt that the volatility has impacted traders’ mental health. However, while most traders and investors can […]
All That You Must Know About Forex Trading
The term forex is a mixture of the words foreign currency and exchange. Foreign exchange is the process of converting one currency into another for various purposes, most commonly in commerce, trading, or tourism activities. Understanding this notion and knowing how to compute it is critical to successful trading operations. […]
What You Need to Know About Automated Bitcoin Trading
Bitcoin is the most popular cryptocurrency by community support, asset value, and trading volume. This has made many investors interested in its trading. However, like other cryptocurrencies, its volatility can be a challenging issue to overcome, especially as a beginner trader. Many even consider Bitcoin the first Decentralized Autonomous Organization […]
Polkadex has the Power to Revolutionize the Decentralized Exchange Concept
Throughout the year 2020, there has been a strong focus on decentralized finance. At the same time, a lot of traders flocked to decentralized exchanges, primarily those embracing the AMM model. Polkadex aims to go to the next level through its Fluid Switch Protocol. Decentralized Exchanges Need to Evolve In […]
Bybit’s World Series of Trading Series Ends with $1.3M in Prizes as Crypto Becomes a Casino
Crypto has always been a casino, but August 2020 will go down as the month when the industry’s traders embraced their inner degen, abandoning all pretence that they are in anything but a high-stakes game. The embodiment of this trend can be seen in Bybit’s World Series of Trading (WSOT) […]
Crypto trading as a gateway into a beautiful life
Ever since the beginning of humankind, people tended to be split into two groups. For example, not so long ago children who were born into poor families got up at 5 in the morning to work at a factory with the workday ending at 11 at night. The working […]
How Artificial Intelligence Can Improve Trading
Trading in any market can be extremely difficult at times, especially if users don’t have the necessary knowledge it takes to navigate certain markets. For example, the cryptocurrency market is a particularly difficult one given its constant fluctuation in price. One day, Bitcoin (BTC) could be up by $1,000 and […]
Here are trading strategies you can use to win during economic uncertainties
The current pandemic we are facing right now has resulted in economic uncertainties throughout the globe, pushing different companies to close down and leaving a number of our population unemployed. Because of this, experts warn us to buckle up for what’s coming ahead: the deepest recession on record that rivals […]
4 Tips to Protect Your Crypto Trading Account
Due to the huge popularity of the crypto trading business, thousands of investors are joining the crypto industry to change their lives. The ultimate goal of the rookies is to become a millionaire in the shortest time possible. But volatility and leverage in a trading account are like a fire […]
OKEx BTC Options Volume Reaches a new High
Despite some bearish price fluctuations, the Bitcoin market remains very appealing to a lot of people. OKEx notes a hefty increase in BTC options trading, pushing it up the global rankings fairly quickly. This new increase in BTC options volume is very interesting. BTC Options Remain Popular on OKEx Despite […]