Bitcoin (BTC) again failed to consolidate above $51K after breaching the key resistance earlier yesterday. The top cryptocurrency slid below $50K again earlier today and is currently trading at $49,344 with a 4% decline over the past month.
When you are starting out trading cryptocurrencies, it’s important to do research. If you have been a crypto enthusiast for a while, you still need to keep up with current news. This is where crypto blogs can be most useful. If you use a certain crypto wallet or exchange, they will most likely have a blog section with updates and news. Articles posted in these blogs can be handy for service users as well as those who trade crypto in general as they can see what’s new in the industry.
Crypto exchange giant Binance announced Monday that it has “received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider in the Kingdom of Bahrain. “The in-principle approval comes after Binance applied for a license from the CBB as part of its plans to become a fully-regulated centralized cryptocurrency exchange,” Binance stated.
XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely profitable, and easy to use. The best feature of XTRA is its decentralized GUARANTEE FUND that secures up to 90% of your token purchase price. The first listing of XTRA took place on the Kanga exchange on the 9th of December. A few days later, 15th of December, XTRA was listed on PancakeSwap.
With crypto markets showing bullish momentum the last week of December, there are a lot of fantastic Metaverse coins currently on the market. This article looks at the top seven Metaverse coins with a unit value of under $0.7, ordered by price, lowest to highest.
The crypto world continues to develop its technology to provide its users with the best possible experience. This time, FibSwap, an interoperable decentralized exchange, is launching the world’s first decentralized (DEX) mobile application. Further, this mobile app is expected to make DEX trading a lot easier.
Since the dawn of the digital asset industry, we’ve seen bad actors take advantage of a lack of consistency in how exchanges operate. Many view the crypto sector as a new-age Wild West, leading some countries to simply implement a ban rather than try to grasp the fundamentals of technology they don’t understand.
It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. As a comparison, the same metric for the S&P 500 stands at 17%, while the volatility spec for WTI crude oil is at 54%.