Bitcoin (BTC) and the cryptocurrency market had a shakeout this week as the fake news surrounding Litecoin (LTC) caused a spike in volatility. However, the structure of the market didn’t change. In fact, Bitcoin’s price might be bottoming out as a golden cross is starting to form. Next to that, the exchange reserves are hitting record lows, which is a massive signal of strength, suggesting that most investors are taking their Bitcoin from exchanges, reducing the overall supply that can be sold on the market. Will Bitcoin break out due to the golden cross? The daily chart for BTC/USD shows …
In today’s Crypto Markets Live, veteran traders Charlie Burton and Naeem Aslam will discuss one of the key aspects of every successful trading strategy: risk management. No matter how good you are at reading the charts, if you don’t have a well functioning risk management strategy to back up your trading, you will almost certainly end up losing money. Aslam and Burton will share their best insights on how to manage risk while trading cryptocurrencies and traditional assets. In particular, they will focus on basic principles, such as how to best calculate win/reward ratio, how to diversify your trading portfolio, …
Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or blockchain games, Melker thinks it makes more sense to bet on the blockchain infrastructure on which these projects are built. “Any of these small projects could absolutely go nuts. But you're going to have trouble choosing what they are. You should just own the layer-1 and the infrastructure that they're all built on”, he said in an exclusive interview with Cointelegraph. “You may not own a Bored Ape, but Ethereum holders …
In the fourth episode of Market Talks, we welcome YouTube media creator and crypto educator Crypto Wendy O. Wendy became interested in cryptocurrency and blockchain technology in November 2017. She has been into crypto full-time since the summer of 2018 and focuses on providing transparent marketing and media solutions for blockchain companies globally. Wendy also offers free education via YouTube and Twitter to her growing audience of over 170,000, giving her the largest following of any female crypto influencer in the world. Some of the topics up for discussion with Wendy are the new consumer price index numbers and how …
This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said that the Russia-Ukraine conflict has opened up avenues for digital currencies to be used as a mode of settlement for international transactions. Another bit of news that may have aided the up-move in crypto prices was that Goldman Sachs redesigned its website with emphasis on the growth of digital …