Markets

Ripple’s XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) are undoubtedly amongst the cryptocurrencies with the most devoted communities in the industry. Their price action tends to be explosive and directional, driven by massive retail interest. Pinning them against each other provides some valuable insights into their current market dynamics, factors that can shape their future prices, as well as specifics surrounding their tokenomics. The most obvious answer to the question is...

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Im Bereich der Finanzmärkte gibt es zahlreiche Fachbegriffe und Handelsinstrumente, die für den Laien oft verwirrend sein können. Einer dieser Begriffe ist der CFT-Handel. Doch was verbirgt sich dahinter und wie funktioniert dieser Handel? In diesem Artikel erklären wir den CFT-Handel einfach und verständlich. Was ist CFT-Handel? Zunächst ist es wichtig zu klären, dass es keinen spezifischen...

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Im Bereich der Finanzmärkte gibt es zahlreiche Fachbegriffe und Handelsinstrumente, die für den Laien oft verwirrend sein können. Einer dieser Begriffe ist der CFD-Handel. Doch was verbirgt sich dahinter und wie funktioniert dieser Handel? In diesem Artikel erklären wir den CFD-Handel einfach und verständlich. CFD-Handel erklärt CFD steht für „Contract for Difference“, zu Deutsch „Differenzkontrakt“....

Bitcoin’s price has recently rebounded from $25K support, but it is currently facing rejection from a key resistance zone. Technical Analysis By Edris The Daily Chart On the daily timeframe, the price has been rising after finding support near $25K. However, the 50-day moving average, around $27K, is pushing the price down. Another significant resistance level is the 200-day MA, trending near $28K. The price must overcome this resistance to retest the $30K level. Conversely,...

The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial landscape continues to evolve, these innovative financial instruments garner significant attention for their potential to revolutionize investment strategies and reshape traditional markets. The paper explains that tokenization, similar to stablecoins, consists of five core components: a blockchain, a reference asset, a valuation...

Binance and El Salvador are joining hands to boost the nation’s long-running bitcoin agenda. The digital currency exchange – the biggest and most popular in the world – is garnering two separate licenses to operate in the Central American nation, thus bringing its total world licenses to 18. Binance Gains Ground in El Salvador The documentation was provided by the Central Bank of El Salvador, which is now permitting Binance to serve as a bitcoin services provider...

Though Bitcoin (BTC) continues to trade well below its 2021 November 2021 highs, Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications chief, remains steadfastly bullish on the asset. Speaking at the Messari Mainnet conference in New York, Scaramucci expressed confidence that the worst of the bear market is now behind us. Why Bitcoin Goes Up From Here: Scaramucci During a fireside chat titled “Why I’m still bullish,” Scaramucci encouraged...

The decentralized platform has made an immense surge in market capitalization. This is pivoted by the entrance of various projects that seem eye-catching to entrepreneurs. These projects have mining pools within their networks. For instance, Ethereum and Bitcoin, the world’s leading digital currencies, made an impact on the crypto ecosystem with the inauguration of mining systems. However, Ethereum switched to staking with a new consensus called proof-of-stake that could...

Bitcoin failed to reclaim the $27,000 level yesterday and has stalled at around $26,500 as of now. The altcoins are in no better shape, with minor losses coming from most larger-cap ones. Chainlink is the only one with a notable price increase. BTC Back at $26.5K Last week was expectedly less volatile, aside from a brief spike on Saturday that pushed bitcoin to a then-multi-day peak of $26,400. After failing to continue upwards, BTC retraced to $26,000 and spent the rest of...

Binance has seen immense activity on one of its Ethereum hot wallets in recent weeks. However, things got heated up on September 21st as a result of high on-chain activity by the Binance 14 wallet. The hot wallet, in question, spent an astonishing 530 Ether in gas fees, worth around $840k, in a span of just 24 hours. High Gas Fees Data from Dune Analytics’ dashboard suggested that the address processed 146,582 transactions during the same period. As a result, the gas fees on...