Bitcoin has made multiple attempts in the past week to break the $12,000 zone, a critical resistance zone before it could go wild, and got rejected every time it did so. Fluctuating between $11,500 and $12,000, bitcoin has injected some modest volatility to the market.With volatility making a comeback, traders flock to futures trading, an instrument that allows traders to earn profits by speculating the price movements. Using the leverage offered by platforms, traders can multiple their...
Read More »MyCryptoMixer – An Understanding Review of the Best Bitcoin Mixer of 2020
From VPNs, stealth addresses, Bitcoin Mixers to Tor Browser, privacy-oriented solutions for crypto transactions are advancing and becoming available faster than ever.Why you should use Bitcoin Mixer? The pseudonymous Bitcoin (BTC) is currently largely uncontested and dominates as a lot of people’s top choice for the cryptocurrency to buy. Unsurprisingly, it has come to be the de facto requirement for cryptocurrencies, ushering in a wave of spin-off cryptocurrencies built on a decentralized...
Read More »Gambling with Cryptocurrencies, How Safe Is It?
Over recent years, the use of cryptocurrencies in gambling has significantly increased. What started with a handful of crypto-only platforms has now snowballed into a sweeping revolution of the online gambling space where even traditional online casino platforms have started to support crypto payment options alongside fiat deposits and withdrawals.The reason for the increased adoption of cryptocurrencies in gambling is due to the advantages these digital currencies offer over fiat...
Read More »3 Trading Strategies for the Crypto Market
One of the reasons the cryptocurrency space is seeing increasing interest is due to the crypto market. We are seeing an increasing number of individuals trading crypto in an attempt to generate consistent monthly returns from the market. The first step in being a profitable crypto trader is to have a strategy in place. In this article, we will take a look at some of the popular strategies that traders are using to gain an edge in the market. ArbitrageArbitrage is by far one of the most...
Read More »Bitcoin Crashed 12% Within Minutes, but These Traders Still Took Profits
When Bitcoin rose to $12,100, the crypto world cheered up for the great news and a test to $15,000 seemed almost achievable. However, the joyous moment was short-lived – a few hours later, Bitcoin plummeted to as low as $10,508, easing the last three days’ gain within just a few minutes.Nearly $1.4 billion worth of positions across major exchanges were liquidated and a majority of them were long positions. Influenced by the crash of Bitcoin, other major coins experienced sharp dumps on...
Read More »Using Cryptocurrency for Online Casinos the Pros and Cons
Online casinos that are serious about their trade typically offer a wide range of payment options to accommodate gamblers’ different needs and preferences. The use of cryptocurrency is one of the options, and it is increasingly becoming popular in the gambling industry.As more and more internet casinos are moving towards accepting Bitcoin and other cryptocurrencies as a payment option, it is recommended that casino players do some research and understand if cryptos fit their gambling needs.If...
Read More »Bitcoin Earthquake Coming: How to Make Profit with Volatility?
Bitcoin has had a couple of lackluster weeks, with its price trading narrowly at $9,100-$9,600. At the time of writing, bitcoin is changing hands at around $9,595. Although bitcoin has slightly recovered from $9,400, which considered by many a key resistance mark, it seems that bitcoin still needs some greater boosts to surpass the $10,000. If the past few weeks are the calm before the storm, the massive BTC options contracts that are set to expire this Friday could be the catalyst bitcoin...
Read More »Bitcoin Can Be Valued – With Respect to What?
You find it difficult to value bitcoin? Do you have thoughts about it? Whether you can really measure it or not? Well, bitcoin UP gives you all probable answer to all such queries in your mind. There is also some bubble regarding the amount as in the price is set $10,000 but the amount got back is $100,000 dollar. Now, you might think how much insane targets are met?You will get an answer to all your questions but you will have to take a step forward to understand the whole of it. Let us try...
Read More »You Fail to Understand Bitcoin – You have a Brain Block
The lack of knowledge about bitcoin makes one feel that bitcoin is a hallucination. Many feel they are just some numbers in the cyberspace. The whole idea of the bitcoin system is a mirage and a bubble of the soap. Often many think that bitcoins are bought by fools and people who buy bitcoins from these fools are even more foolish.But you may have missed out on the fact that the US dollar is also illusion and hallucination. They are also mainly numbers in the cyberspace largely. Sometimes the...
Read More »GrayScale Bought and Holds $3.37 Billion BTC – Ready for Bull Market?
Grayscale Investments is a cryptocurrency investing services company, which provides market information, investment exposure, and investment products to the cryptocurrency market.On January 21, 2020, Grayscale became an SEC reporting company, registering its shares with the Commission and designating the Bitcoin Trust as the first digital currency investment vehicle to attain the status of a reporting company by the SEC.From February to May, Grayscale bought around 607 BTC each day, about...
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