Why People Buy Their Own NFTs? Is It Wash Trading? Is It Illegal?

You've undoubtedly heard about non-fungible tokens (NFTs), and you may have many questions on the matter. Digital ownership can be challenging to understand, and the market hype certainly does not help develop a rational analysis. It's tough to know who to believe when many of the loudest voices are financially engaged in NFTs. In recent times, we have observed a peculiar tendency in the market. Some creators are starting to buy the NFTs they launched, creating skepticism in the industry.…

A Guide to Popular Strategic Investments on Crypto Futures

Futures are a prominent sort of cryptocurrency derivative that institutional investors typically use. Experts can use crypto futures’ data to forecast price changes and market sentiment in the future. Depending on future price fluctuations, traders may profit or lose. For example, if Bitcoin trades at $45,000, an investor might trade futures contracts in anticipation of a price change. To build a successful strategy on crypto futures, you need to understand what they are and how they work. The purpose of…

The Best Crypto Social Trading Platforms for Copy Trading in 2022

If you are a novice trader, cryptocurrency trading will not be easy. With little knowledge about the market, you cannot make decisions like an experienced trader. The major problem with cryptocurrency is that you have to gather massive information to learn how to trade. And as you spend more time trading, things will start to clear. You might have heard experienced traders say that with more significant risks come higher rewards. But, it would help if you also considered that…

Why Do the Cryptocurrency Prices Go Down on the Weekends?

If you have been in the crypto world for a while, you will probably have noticed a typical behaviour of the market during weekends. With some exceptions, we are used to seeing the price of significant cryptocurrencies drop over the weekend. The phenomenon is known to those who operate in this market, but understanding precisely the causes seems to be rather complex. Therefore, this article will discuss a definitive answer by analyzing the various main factors involved in this market…

Trading in the Forex and Crypto Sectors – A Critical Comparison

Trading currencies has always been one of the most popular niches in the complex financial universe. History books date the birth of the Forex market back to the late 17th century in the city of Amsterdam. The modern Forex market is a direct descendant of past trading, with a popularity that, over the years, has also involved small investors. The last few years have been characterized by the birth and rise of cryptocurrencies to create a new pole in the…

CFD Trading: What Is It and Its Use in Cryptocurrency

The key to making big with cryptos lies in trading them, with a $2T value in market cap value being in the hands of people worldwide. However, the terminologies that come up during trade can be a nightmare for neophyte traders. One such example is Contracts For Difference (CFD) trading. It is beautiful to all types of crypto traders thanks to the lucrative profitable opportunities it has on offer. However, the ability to make impressive gains lies in the trader's familiarity with the…

Six Cryptocurrencies Suitable for Position Trading

Is position trading profitable? The answer to this question is yes. This strategy made the top 25 highest-earning hedge fund managers generating $17 billion in profits in 2017. Position trading involves hodling of positions or crypto assets for an extended period, usually months or years. Position traders ignore short-term price movements to profit from longer-term trends. This trading technique is suitable for various trading markets ranging from cryptocurrencies, stocks, bonds, commodities to forex. In the crypto-verse, the strategy has seen…

WMA: Bitcoin surges to almost $62K one year since it was trading at $3,5K

Get the weekly summary of cryptocurrency market trends, news, and forecasts! THIS WEEK’S SUMMARY The Crypto Market ends the week at a total market capitalization of $1,792 trillion. Bitcoin increased by almost 18% to reach nearly $62,000 and set a new ATH. Ethereum increased by nearly 13% to trade above $1,800 again. XRP lost almost 4% of its value over the week. Binance Coin, Polkadot, and other altcoins continue to increase in value. The DeFi sector added almost $7 billion…

The Zignaly Bot – A More Inclusive Approach for a Growing Market

Zignaly is a popular trading bot that introduces a unique fee structure and no minimum investment limits to provide the crypto community with equal access to automated trading tools. The bot has seen considerable growth in usage and capabilities since its launch. Today, Zignaly boasts over $1.2 billion in trading volume with a total linked balance of$70.6 million. Benefits of Zignaly Bot Zignaly users gain much from utilizing this autonomous trading bot. The network features 24/7 support to streamline the…

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