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Investing in the Cryptocurrency Industry Based on Sectoral Divisions: A Complete Guide
Aug 03 2021 @ 07:04
With the growing boom in the cryptocurrency industry and the fear of missing out on a trending investment, many investors buy into crypto projects without knowing what they are or do. While cryptocurrencies are trendy and very profitable, it helps to know exactly what it is you are venturing into. In this article, we will […]
DeFi Coin (DEFC) Consolidates for a Stronger Hold Higher
Aug 03 2021 @ 06:46
DeFi Coin (DEFC) Price Analysis – August 2 After last month’s fall paused on the approach to daily cloud base and subsequent positive finish, the DEFC continues to consolidate its position in early August as recovery sustains, buyers are adding additional evidence to cement reversal. On July 31, the team said it will lock in […]
Perfect Crypto Investment Strategies – Part 2
Jul 22 2021 @ 09:51
A POSITION TRADING STRATEGY FOR CRYPTOS As it has been said before, the best way to make money from viable cryptos is to buy and hold them forever, since investments that are worthwhile are also investments that appear in your will. Apart from a ‘buy and hold’ method of investing, there are other ways to make money […]
Bitcoin Whales Still Stacking Up Coins Despite Bear Market: Glassnode
Jul 22 2021 @ 09:40
Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below $36k. […]
Ripple (XRP) Plummets Amid Former Executive’s Selling Spree
Jul 15 2021 @ 00:37
Many Ripple (XRP) enthusiasts are familiar with the monthly XRP escrow release. The XRP escrow got designed to integrate predictability and stability to XRP. Meanwhile, a part of this monthly supply gets directed to former Ripple executive Jed McCaleb. However, instead of holding his newly-minted coins, McCaleb eagerly dumps his holdings into the market. Recent data shows […]
Ethereum (ETH) Price Analysis: Ether Recovers above $1,900, an Upward Move Likely
Jul 15 2021 @ 00:24
Key Highlights Ethereum reaches $1,863 low and pulled back The biggest altcoin has resumed an uptrend Ethereum ETH) Current Statistics The current price: $1,944.26 Market Capitalization:$226,595,023,679 Trading Volume: $17,616,407,906 Major supply zones: $2,800, $3,000, $3,200 Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 14, 2021 Today, Ethereum reached the low...
Perfect Crypto Investment Strategies – Part 1
Jun 22 2021 @ 14:27
A LONG-TERM CRYPTO INVESTMENT STRATEGY “…Cryptoassets were the biggest institutional revolution since the Industrial Revolution and they represented the investment of a lifetime.” – Van K. Tharp, PhD What is the idea? What crypto coins should you buy? For instance, you may want to invest in popular DeFi tokens. According to John Hargrave, for the vast […]
Bitcoin Hashrate Crisis: Correlation Between BTC Price and Hashrate
Jun 22 2021 @ 14:14
Since its creation in 2009, the Bitcoin meteoric price rally remains a controversial topic across mainstream media. While many publications disregard BTC as a highly volatile asset and label its price action random, some data sets assert that the price movements get influenced by well-known metrics. According to data from Blockchain.com, a Reddit post, which […]
Cardano Market Analysis: Market Rebounds as Bitcoin Surges
Jun 16 2021 @ 04:34
Cardano (ADA) is up by over 11% over the past 24 hours and currently trades at $1.5800 in the mid-Monday session. This bull run is the largest one so far since the start of June. The recent market rally pushed Cardano’s market cap above the $49 billion price point. Regardless the market cap is still […]
Bitcoin Cash (BCH) Reaches Bearish Exhaustion, Resumes up Trending
Jun 16 2021 @ 04:14
Key Highlights BCH retested $560 low and resumed upward move The altcoin is in a downward correction Bitcoin Cash (BCH) Current Statistics The current price: $629.02 Market Capitalization: $13,210,849,033 Trading Volume: $1,500,840,541 Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 14, 2021 Bitcoin Cash (BCH) is […]
