The digital token has been slowly losing strength against the US dollar since shooting past $800 in May.
Together, the safe haven of the global economy and the young cryptocurrency are creating big price swings. Ethereum’s volatility (the rate of a change in price from standard returns) is a dizzying 7.2 — almost 10 points above a market-weighted basket of the top six cryptocurrencies.
While being whipped around by ETH, 30-day volatility in the ETH/USD pair has fallen from over 10 in 2016 to below 5 in 2018. Continue reading
Cryptocurrency Trading will definitely change your life. However, it is uncertain whether the change is for the GOOD or BAD.
When you don’t know how to play your cards right, trading can turn you into a greedy little monster and eat you right up. Trading does not come without risk. However, the same thing goes to almost everything else in life.
Trading crypto is a rising fad not only because of how advanced the technology we’re using for it is. It’s becoming more and more popular because of the way it changes many people’s lives – oftentimes for the better but sometimes for the worse.
Bitcoin is the master of Cryptocurrencies but volatility is its biggest drawback. The bitcoin value can change rapidly and unpredictably. That’s one of the reasons Bitcoin is not considered money by some expects.
One of the characteristics of Money is stability over time. That means with respect to other currencies, the value of anything that’s considered money must be stable to encourage businesses to invest and accept it in exchange for their good and services.
While Bitcoin has attracted a huge attention from around the world, businesses are still reticent. The problem is not with Blockchain, the technology backing the crypto giant. Continue reading
Cryptocurrency as an industry is massively growing.
While new coins are coming up, existing coins are getting forked. That’s what happened with Bitcoin (BTC) some few months back -> Bitcoin Cash (BCH)
Bitcoin Cash was first released on August 1, 2017, at a block height of 478 559 as a product of the hard fork, or branching out from the main Bitcoin network. It was originally created by Roger Ver and other members of the Bitcoin community in an attempt to solve the worsening scalability issues of the original Bitcoin developed by an individual (or a group) under the alias of Satoshi Nakamoto back in January 2009. Continue reading
Some of us may have grown our interest in these revolutionary digital assets and have invested our time doing research as well as our money on buying cryptocurrencies that we believe in.
However, there are still many of us who are still clueless about Bitcoin, the technology behind it, and its advantages. Continue reading
There is a belief that cryptocurrencies are the next game changer in the financial marketplace due to their decentralized nature.
However, this notion has been regarded as a fallacy for the better part of a half a decade after the first virtual currency, Bitcoin, was launched. Interestingly, it seems that the cryptos are here to stay, having immensely experienced growth to the point of being traded on different exchanges.
Investors can now capitalize on their gains from crypto trading ventures right from their different Android and iOS-powered mobile phones, courtesy of secure cryptocurrency trading mobile apps. Some of the ways that you could leverage these apps and maximize or protect your gains include: Continue reading