It is true that automation makes crypto trading simpler, but you must still consider a number of factors before you fully rely on this method.An automated trading system or an algorithmic trading system allows traders or investors to develop precise rules for trade entries, exits, and money management which, once programmed, can automatically be executed through a computer.The crypto-currency market is active all the time. It never pauses or stops, not even at night. Thus, monitoring can be...
Read More »Bitcoin Cash Analysis: Recovery Reaching Crucial Juncture
Bitcoin cash price is currently correcting higher from the $133 yearly low against the US Dollar.The price is up more than 20% and it is now trading above the $200 level.There was a break above a key bearish trend line with resistance near $195 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is now approaching a major resistance area near the $240 and $242 levels.Bitcoin cash price is showing a few positive signs above $200 against the US Dollar. However, BCH/USD...
Read More »Binance Will Bring Tezos to U.S. Crypto Enthusiasts
Binance – the world’s biggest and most popular cryptocurrency trading platform – is bringing several new coins to investors including Tezos (XTZ). The asset will be available to all traders utilizing Binance.us.Binance Brings Tezos to U.S. TradersThe cryptocurrency exchange has also commented that trading pairs between XTZ/ USD and XTZ/ Binance USD (BUSD – the company’s stable currency) will also be available. Trading is slated to go live next Monday. Prior to that date, all customers of...
Read More »STEEM Price Surges 180% As Binance And Huobi Support Hive Hard Fork
The price for STEEM has surged a massive 180% today before retracing upon the news that Binance and Huobi will support the hard fork to split the blockchain and produce another one called Hive.Binance And Huobi To Support HiveAs Cryptopotato reported, Hive will be a new blockchain that will be forked off the existing Steem code. It should take place tomorrow, Friday 20th.Once the network goes live, existing Steem accounts will also appear on Hive. This means that Steem users will have two...
Read More »Road to Efficient Cross-Border Payment Network
Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.Cross-border transactions play a crucial role in the payment industry as the world economy is becoming progressively interconnected and global.The global remittance market’s growth is a decent indicator of the above-mentioned. According to a recent report, the revenue of cross-border transactions could nearly double in...
Read More »How to Seize What Might Be Unprecedented Crypto Buying Opportunity
Although it is true that most cryptocurrencies have experienced significant losses in recent weeks, similar losses have been seen on multiple occasions in the past, and the market has always bounced back stronger than before.The last month has been an interesting time for both cryptocurrency traders and holders, as the cryptocurrency market witnessed one of the biggest crashes in its brief history.As it stands, the vast majority of cryptocurrencies have lost more than 40% of their value in...
Read More »Square Will Operate Crypto Bank and Give Loans to Business
Square Bank will give loans to small business and corporations. It will also sell debts to third parties and engage in blockchain development.Twitter’s Jack Dorsey is a vivid supporter of Bitcoin as a technology. He was saying a lot of times that cryptocurrency is the future, pointing to the success of Bitcoin’s inception. The Federal Deposit Insurance Corporation (FDIC) initiated voting among the board members regarding Square. The company wants to put insurance on the holdings to loan. Per...
Read More »Mycryptoview: New Platform to Learn Cryptos and Earn Tokens
Mycryptoview is a platform where people can actually learn from one another and talk about their investment decisions. All the actions on the platform bring bonuses to the contributors.Cryptocurrency is known to most people as a worldwide phenomenon and some claim it will eventually supplant fiat money, thus changing the paradigm of the world economy. With this shift towards the digital, the only question is: how soon?Being blockchain believers and crypto traders ourselves, we can identify...
Read More »EOS Price Analysis: Rallies Remain Capped Near $2.40 and $2.50
EOS price declined heavily and broke the $2.600 and $2.400 support levels against the US Dollar.The price is likely to face a strong selling interest near the $2.300 and $2.400 levels.There is a major contracting triangle forming with resistance near $2.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are many key supports on the downside, starting with $1.800 and $1.650.EOS price is showing a few bearish signs below $2.500 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $40
Litecoin price extended its decline and broke the $40.00 support area against the US Dollar.LTC price traded to a new 2020 low at $25.02 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $36.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a strong resistance near the $38.00 and $40.00 levels.Litecoin price is trading in a bearish zone below $40.00 against the US...
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