The Houston Texans – a professional American football team – have entered into an exclusive partnership with the Houston-based cryptocurrency company, BitWallet. The partnership will allow the team to begin accepting crypto as payment for single-game NFL suites. Effective immediately, BitWallet will act as an intermediary for crypto payments to the Texans. This allows digital assets to immediately be converted into U.S. dollars. The first to purchase a suite using digital currency was EWR Digital, a digital marketing agency. "We…
Tag: Crypto Market
What Is an Iceberg Order in Crypto?
Iceberg orders allow traders to buy or sell a large quantity of cryptocurrency without tipping off the market. By splitting their orders into smaller chunks, traders can execute their trades without causing undue price movement. This guide will explain what iceberg orders are and how to use them in your trading strategy. What Is an Iceberg Order in Crypto Trading? An iceberg order lets traders buy or sell a large number of assets without revealing their intentions to the market.…
6 days ago 570
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A Beginner’s Guide to Identifying and Avoiding a Crypto Bull Trap
Cryptocurrencies are a relatively new and exciting investment opportunity but are also highly volatile. Prices can swing rapidly, and it is easy to get caught up in the excitement of trading. However, the hype may arise without understanding the risks involved. This guide provides basic information on identifying and avoiding a crypto bull trap to safely invest in this exciting market. How to Identify a Crypto Bull Trap Crypto investors are always on the lookout for signs of a bull…
1 week ago 267
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Tips for Trading in a Volatile Crypto Market
Cryptocurrencies are a new and exciting investment opportunity but can also be highly volatile. This guide aims to teach you how to trade in a volatile crypto market to increase your success probability. We will cover everything from identifying a volatile crypto market to managing risk when trading volatility. So whether you are a seasoned trader or just starting, this guide has something for you. Why Is the Crypto Market so Volatile? The crypto market is volatile because it is…
1 week ago 251
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Glassnode – An On-Chain Crypto Market Intelligence Dashboard
The “On-Chain Analysis” field is growing in popularity in the financial world. Glassnode is one of the most popular companies offering on-chain analysis services. What is Glassnode? How does it help customers understand the crypto market? We will answer all these questions in today’s review. What Is Glassnode? A Look Into the Project’s Features Observing on-chain indications, i.e., knowledge acquired from the blockchains themselves is what Glassnode does to produce intelligent data. The project began in 2018 in Germany and…
1 month ago 638
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Crypto Skeptics to Speak Out at the First “Anti-Crypto Conference”
Amidst the current downturn in the crypto market, crypto skeptics and critics have banded together to hold an anti-crypto conference. The event will give those in attendance a chance to voice their crypto-related grievances to government administrators and policymakers. Educating Lawmakers Dubbed the Crypto Policy Symposium, the conference will take place in London over two days in the first week of September. The forthcoming anti-crypto event contrasts with other gatherings with ties to the industry. Typically pro-crypto, these events discuss…
1 month ago 963
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CZ Says Crypto is Exhibiting Normal Market Behavior
Binance CEO Changpeng Zhao - commonly known as CZ - believes nothing is wrong with the crypto market despite the recent meltdown. In an interview with Bloomberg, the crypto executive said it is normal for markets to go up and down. To this end, he claims the crypto market is showing normal behavior. According to CZ, fluctuations are common in markets. He pointed out that equity markets are also facing wild price swings. He highlighted Netflix, saying the company’s stock,…
2 months ago 716
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Bitcoin Companies Start Slashing Jobs as Crypto Market Tanks
As the crypto market and related businesses suffer, some of the industry's biggest players are now announcing job cuts. BlockFi – a popular crypto lending platform – has confirmed that it will be cutting its headcount by as much as 20%. Crypto Companies Start Downsizing In a Twitter thread posted by BlockFi’s CEO on Monday, Zac Prince clarified that the layoffs will not impact customer experience or funds. However, he expressed deep regret about the decision, saying it had not…
2 months ago 610
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Celsius Suspends Withdrawals Due To Extreme Market Conditions
Celsius Network, a decentralized finance (DeFi) lending giant, has halted withdrawals, swaps, and transfers between accounts. The company announced this news earlier today through a blog post. Celsius said it paused the above services due to extreme market conditions. Through this course of action, Celsius hopes to place itself in a better position to honor its withdrawal obligations. The company claims this move is intended to benefit the entire Celsius community. Specifically, Celsius alleged that pausing withdrawals, swaps, and transfers…
2 months ago 817
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Charles Hoskinson Says Institutions Are Manipulating Crypto
Cardano founder Charles Hoskinson came out yesterday to share his thoughts on the nascent space through a Twitter video titled A Few Musings. He started by sharing Bitcoin’s (BTC’s) history. Specifically, he recalled when it traded below $1 and its recent climb to over $60,000 before plummeting again. He also discussed various events over the years, including the collapse of Mt. Gox and Silk Road. Hoskinson also spoke of interesting ventures like Mastercoin and Colored Coins. However, despite these ups…
3 months ago 1.1 k
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