A common sign crypto investors watch for is the exchange inflow mean, or the average amount of a specific cryptocurrency being deposited intoexchanges.4If the mean amount of coins per transaction rises above 2.0, it is believed to mean that whales are likely to begin dumping if it correlates ...
Compared to futures and leverage trading, spot trading is less complex, with direct asset ownership and lower risk. The SEC approved 11 new spot bitcoin ETFs on January 10, 2024, sparking renewed interest in crypto spot trading. But, you may wonder, what exactly is spot trading in crypto, ...
The second step is opening a trading account which is pretty easy once you give all the basic information needed for registering with the platform. The next and most important step you need to take is finding the best crypto trader to copy. You need to consider the top traders listed on t...
There are different strategies for trading cryptocurrencies. The most well-known are those used to trade the crypto market, like day traders. Other strategies do not require the high level of expertise that day trading requires. Crypto arbitrage trading is one of these strategies that don't requi...
This is why it is not as risky as normal cryptocurrencies. It also eliminates the need to constantly be converting crypto into fiat currency, which is a lengthy and often costly process. Instead, when the markets are dropping, an investor can put their assets into Tether without having to ex...
Tether is one of the most popular stablecoins around today. In this post, I’ll explain what a stablecoin is, what Tether is and how it works.
So what are your options for crypto tax preparation? You could keep track of things manually using a tool like Excel, but this quickly gets out of hand, especially if you’re trading on multiple platforms or have multiple wallets. The better solution is to use an online crypto tax preparati...
cryptocurrency holds the attention of major financial institutions and is seen by some as a good investment opportunity. For investors who don't want to directly acquire and hold cryptocurrency, there are also a variety of Exchange Traded Funds (ETFs), such as the Hashdex Nasdaq Crypto Index ET...
Crypto income in the fast-moving world of digital finance is one of the latest buzzwords doing the rounds. Basically, crypto return or profit is generated from various activities inside the ecosystem, including staking, lending, and trading. Of these, staking has been the most popular and ...
Because a cryptocurrency is not tied to a particular country, its value is not controlled by a central bank. Instead, value is determined by marketsupply and demand. For this reason,Bitcoin, the first and biggest crypto bymarket capitalization, or value, often behaves much like precious metals...