Learn how pro traders use covered call strategies as a low-risk method to increase their Bitcoin holdings. Crypto traders are drawn to the market by its bombastic growth and lucrative opportunities to make a profit. However, not every investor is seeking volatility or using degenerate leverage levels to gamble at derivatives exchanges. In fact, stablecoins …
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The optimistic rollup network enjoyed had a popular, if rocky, beta launch. In a landscape of so-called scaling solutions primarily composed of sidechains and EMV-enabled competitors, one widely anticipated “rollup” layer 2 sidechain for Ethereum has finally arrived. Offchain Labs announced the launch of Abritrum One with a blog post late last night. Arbitrum One …
Continue reading “Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols”
A recent market outlook published by Glassnode shows institutions are returning to the Bitcoin market after May 19 crash. Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020. Many analysts, including those from BiotechValley Insights, see “terrible technicals” …
While Bitcoin hodlers are seeing 2021’s gains slowly diminish, one consistent crypto trading strategy has delivered over 3,000% since Jan 3 — and BTC isn’t in the portfolio. What does a highly volatile asset class offer traders, beyond palpitations and the occasional heart attack? Opportunity. Nicole Wirick of Prosperity Wealth Strategies in Michigan summed it …
A deep dive into the three bubbles Bitcoin has faced during its existence, and how the BTC halving phenomenon impacts the price. This is Part Two of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — …
Continue reading “Forecasting Bitcoin price using quantitative models, Part 2”
Bitcoin dominance patterns are showing similar lows and an eerie resemblance to 2017. So what does this suggest for BTC price? For the purposes of historical comparison, it’s also worth noting that the pattern of the dominance chart currently looks much like it did during the earlier part of 2017. As the markets have gone …
Continue reading “Bitcoin dominance cycle suggests the 2017 crypto rally could repeat”
ESG-led Bitcoin mining is not only possible, but it’s ultimately the most responsible and prosperous way to show leadership in this growing industry. Is it possible to mine Bitcoin (BTC) using only 100% renewable energy sources and deliver the same economic returns as those using carbon-based sources? The answer is yes, according to Square’s recent …
Continue reading “Ignore the headlines — Bitcoin mining is already greener than you think”
Numbers don’t lie: Uniswap v3 gains traction with DeFi users despite May’s crypto market crash. Decentralized exchange Uniswap successfully launched version 3 of its platform in May — resulting in high trade volumes despite a downturn across the cryptocurrency markets. The latest version of the hugely popular decentralized finance (DeFi) automated market maker (AMM) has …
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The crypto space suffers from its checkered history and, to grow further, the ecosystem must become safer, more usable and more mature. It has been said that you only get one chance to make a first impression. Perhaps the best example of this old adage is the cryptocurrency space. From exit scams and money laundering, …
Continue reading “The remaining steps to mainstream institutional investment”
MATIC, the native cryptocurrency of Polygon, rose by over 35% in the past week due to three reasons. Polygon (MATIC) is on a tear. In the past seven days, it has gained 35% in the past seven days, outperformed every major cryptocurrency apart from Uniswap. There are several big reasons behind the strong uptrend of …
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DeFi solutions, and the decentralized liquidity they protect, are the only way forward for the cryptocurrency space. Last month, Bitcoin (BTC) reached above $60,000, highlighting the current frenzy around digital currencies. Following BTC, altcoins also saw substantial increases in value. All of this is music to the ears of long-term and short-term bull investors seeking …
Continue reading “The future of digital asset liquidity: Centralized or decentralized?”
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities. At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the country, Business Insider reported on Wednesday. Emefiele did …
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Dubai does not have an official cryptocurrency, officials state. As a tech-friendly region, Dubai is never short of new and promising projects, including crypto and blockchain, but the influx of new cryptocurrencies makes it harder for newcomers to distinguish shady campaigns from reliable ones. The Dubai Media Office announced that the authorities have never approved …
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The S.E.C. says five individuals “promoted a global unregistered digital asset securities offering.” Three years and some unforgettable memes later, the Securities and Exchange Commission has announced that 5 individuals will face charges relating to promoting the Bitconnect Ponzi scheme. “The SEC’s complaint alleges that these promoters offered and sold the securities without registering the …
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Circle now hodls the record for receiving the biggest investment round taken in by a crypto entity. Crypto companies have been on the rise in tandem with the industry’s growth in recent years. A report from Forbes recently detailed a number of large investments into blockchain and digital asset entities, with one $440 million play …
Continue reading “Stablecoin company earns record-level investment sum for a crypto outfit”
