Tag Archives: Sponsored

Cryptocurrency is perhaps the most suitable asset for day trading. Not only because the markets are open 24 hours a day, 7 days a week, but also for the relatively high volatility of the market. Take Bitcoin as an example, it has gained 10% in the past 3 days, but it once shed 50% within a week in March 2020. While the high volatility could result in massive liquidation, on the other hand, it presents traders with more juicy opportunities to make profits.With Bitcoin breaking 18K, the market...

Malta has positioned itself as the leader in blockchain technology and DLT technology, where the government has launched even a strategy for Artificial Intelligence. With the assistance of the Space Task Force, this tiny nation in the Mediterranean is entering a new era of digital innovation.A Pursue of Digital FutureIf you look into the history of Malta, in the past four years, the country has enjoyed substantial economic growth. For the economy to be resilient to external shocks, the...

Forex is the common term for foreign currency exchange, which refers to the purchase of one currency using another. In a way, forex is the modern version of barter trade used by ancient humans to exchange goods between communities.The forex market today sees trades worth several trillions of dollars every single day. It is a viable option to earn money with virtually no effort if you understand and apply some basic principles.Factors to considerAs with any investment, you should understand...

The US presidential election outcome remains uncertain, but investors and the markets are already having a celebration. Stock markets across the world recorded gains at various degrees after the election day. The Nasdaq Composite Index gained 2.6 % after the tech-heavy index rose 3.9 % on Wednesday. Other sectors such as industrials and banks rose almost 4 % and 2.6 % respectively.In addition, Gold also rose to $1,930 per ounce against a falling dollar after the election day, almost touching...

Bitcoin, what once believed to be a “bubble” by many investors, has shown resilience in a series of black swan events and proved its worth as a profitable asset. Bitcoin has gained wider adoption over the years, with institutional investors such as Grayscale and MicroStrategy adding it into their portfolios. Recently, Jack Dorsey-led Square Inc. purchased 4,709 BTC to add to company reserves. When the news was released, bitcoin gained 4%.Retail investors are also accumulating more BTC for the...

The world’s largest sovereign hedge fund, the Norwegian Government Pension Fund, is reported to add more Bitcoin into its investment holdings. It has garnered indirect BTC exposure of 577.6 BTC via the Nasdaq-listed company MicroStrategy.Grayscale Trust has become a force that can not be ignored in the crypto asset market.On September 21, BTC fell from $10,988 to US$10,417. Two days later, Grayscale took a “sweep” and bought 17,100 BTC. This significant increase in holdings seems to have...

Bitcoin took a great hit yesterday and declined all the way to $9,921 before it recovered slightly to $10,250. Other cryptocurrencies also saw red, with ETH shed more than 15% of its value. ETH has dropped below its Fibonacci support level of $380 and hovering at $340.Bitcoin’s retracement is not unexpected, as it has tested the $11K support for 8 times in the past month. Besides, bitcoin’s and gold’s rally in the past month are believed to be the result of the weakening dollar. Now with the...

Cryptocurrencies are popular trading instruments, thanks to ease of access and high volatility that makes them attractive. However, executing profitable trades in the crypto market generally requires users to efficiently manage their portfolio and work on multiple exchange platforms which can be an exceedingly difficult process unless assisted by specialized trading tools.There are few trading and portfolio management solutions available in the market, and CryptoView is one such platform that...

Bitcoin failed to breach the $12,000 mark and is now seemingly entering a consolidation stage again. However, a new wave of volatility may be on the way as CME futures contracts and $700 million worth of options will expire on August 28, which might trigger mass liquidation.Bitcoin has been rejected at the $11,900 level twice, and what came after were large sell-offs, which further pushed down the price of Bitcoin. If bitcoin continues to fall, a bigger correction to as low as $9,600 seems...

When the term cryptocurrencies and bitcoin first came out, many people didn’t take it seriously. Over time, however, crypto has grown in popularity and become one of the many methods for making payments.Casinos have not been left behind and some now allow players to use bitcoin to make deposits.Bitcoin will then be converted to a base currency such as US dollars and the player can use it much the same way as any debit card or e-wallet.If you like to gamble, and have been wondering if it is a...