Monthly Archives: June 2020

The Hard Truth About Trading — Can the Average Joe Succeed?

The ins and outs of trading, as explained by Bill Hermann, Matthew Ficke, and David Carman. Crypto trading is a zero-sum game with clear winners and losers. This competitive stage yields countless self-proclaimed profitable traders on Twitter and YouTube. As the players downtown make their livelihood trading for institutions like Galaxy Digital and Pantera Capital, how do their strategies compare to those of retail home-based traders? Do retail methods even work? “Broadly speaking, larger institutions are mostly directional agnostic and generally focus on market making,” Bill Herrmann, […]

More info

Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase

Five signs are pointing to Bitcoin being in a bull market despite its inability to break through the multi-year resistance at $10,500. Bitcoin (BTC) price has been sideways for several weeks with now over a month since the halving. This is very much reminiscent of early 2017 when Bitcoin hit $1,180 for the second time, triggering a catastrophic sell-off causing the top-ranked cryptocurrency to fall by nearly 40% in a single day.   It was over, Bitcoin was declared dead, and what happened after is the first sign […]

More info

Interest in Ether Options Outpaces Bitcoin, Can Drive ETH to New Highs

Ether options could be the new fuel that drives growth in the crypto market. Ether (ETH) options are having a fantastic year, with open interest on Deribit — the largest market for these options — having surged 315% to $158 million over the past two months, breaking the $150-million barrier for the first time ever.  Even though Ether first came about only to serve the users of the Ethereum platform as a wallet to use with the apps developed on the platform, it has in the recent […]

More info

Unicef Funding Startups With Cryptocurrency for Covid-19 Relief

The United Nations Children’s Fund (Unicef) has announced its largest cryptocurrency investment funding of startups. Eight companies in seven countries will use Unicef’s crypto fund to develop prototypes, pilot, or scale their technologies. Several of them are working on mitigating the hardships resulting from the covid-19 pandemic. Unicef Announces Largest Crypto Investment Unicef Cryptocurrency Fund announced on Friday its largest investment of startups in developing and emerging economies. Companies receiving crypto funding include those that will use their technologies towards mitigating the hardships of covid-19. Unicef is […]

More info

TOP 5 STAKING COINS TO FUND YOUR RETIREMENT? 🤷

SLAM DUNK COIN FOR $12.99: https://www.udemy.com/course/cryptocourse/?couponCode=SLAMDUNK13 #cryptocurrency #altcoins #bitcoin PAY WITH CRYPTO: https://www.bitdegree.org/course/suppomans-cryptocurrency-long-term-investment-course-2 Disclaimer: I am not a financial advisor and this is not financial advice. Follow on Twitter: https://www.twitter.com/michaelsuppo Notification Telegram Group: https://t.me/sygchat Follow me on Steemit to read my Crypto blogs at https://steemit.com/@suppoman/ Would you subscribe to my Cryptocurrency podcast: https://itunes.apple.com/gb/podcast/hero/id1233635268?mt=2​​​ Get started with me on Coinbase today here: https://www.coinbase.com/join/58da6c18b6c7053a85 Powered by WPeMatico

More info

Ethereum 2.0 Should Be Secure and Scalable but Poses Risks for Users

While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and traders. Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its users, too. One of the main attractions, which encourages buying Ether (ETH), is a staking model that allows receiving passive income for the validation of transactions. And here, the users are able to […]

More info

Simple Ledger Protocol Universe Is Thriving: Lottery, Mint, ATMs, Over 8,500 SLP Tokens Created

It’s been close to twelve months since we reported on the vast Simple Ledger Protocol (SLP) universe built on top of the Bitcoin Cash chain. At the time, there were 2,700 unique SLP tokens created, and that’s increased by 217% during the last year with 8,585 SLP tokens created to-date. A number of different projects are leveraging the tokenization protocol, as Tether has announced using the SLP framework, a video game called “Enter the Sphere” has spawned, an SLP Lottery was created, and there’s now an SLP […]

More info

3 Ways Bitcoin Traders Can Spot and Avoid Crypto Market Manipulation

Institutions have embraced Bitcoin but BTC whales still impact the crypto market by using hidden orders and wash trading. Unlike traditional financial markets, crypto exchanges are largely unregulated, and virtually every Bitcoin (BTC) and crypto trader is familiar with various stories detailing the degree to which certain aspects of crypto market price action is manipulated.  Despite this, many traders feel like there is little they can do to avoid the whims of whales and unethical market makers that shape the market to their advantage. Strategies like spoofing […]

More info

Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC

‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending money to a bitcoin address, check if it has been reported as an address used by scammers. Elon Musk Bitcoin Giveaway Scam The number of bitcoin scams using the name Elon Musk, Spacex, or Tesla has been growing. Videos promoting a scam claiming that […]

More info

Barstool Sports Founder Holds to 2017 Stance on Bitcoin

Barstool Sports founder Dave Portnoy said he still sees Bitcoin the same as he did in 2017. Barstool Sports’ millionaire founder, Dave Portnoy, recently re-tweeted his 2017 video on Bitcoin, saying his view on the asset has not changed.  “For everybody trying to get me in the Bitcoin game, I made this video in 2017,” Portnoy said in a June 19, 2020 tweet. “I still feel this way.” Portnoy’s 2017 sentiment Active on social media, Portnoy has made noise since the start of the COVID-19 pandemic for […]

More info
1 2