Dai is a decentralized Stablecoin manufactured by MakerDAO. A Dai is on equal value with $1 and is purported to remain at that level (thanks to a basic strategy) until it goes out of circulation. A lot of people are afraid of cryptocurrencies and do not regard them as a reliable mode of payment due […]
Trading cryptocurrencies can be quite boring at times, especially when trading volumes becomes very low. Most of the time, lack of interest in trading is caused by insignificant price volatility which could position the market in either a squeeze or a consolidation mode. Recently, Bitcoin trading has suffered a lot of volatility to the downside, […]
You might have been wondering what the differences between hot and cold Bitcoin wallets are and which is more secure. Well, look no further. This article breaks down cold Bitcoin wallet storage and explains why it is a better option compared to hot wallets. It also recommends some cold wallet options for you to use […]
Earlier today, we have seen Bitcoin’s price dropped to $7100 (Bitfinex) due to liquidation from sellers, but followed by a quick buy to $7200. Though, the sellers are still pretty gaining dominance. Considering the recent bounce at $7100, Bitcoin is slowly recovering on the lower time frame. A possible correction may reach $7600. Otherwise, Bitcoin […]
Over the past months, Bitcoin has continued to show a strong sign of weakness after hitting a year-to-date high of $13700 in June. Following the mid-year year bearish market, Bitcoin has seen a 52% downward correction to as low as $6600 before bouncing back to where it’s currently trading at $7200. This week, after touching […]
Following the latest decline in the market, Bitcoin is currently correcting loss of -2.84% and causing the BTC price to drop at $7300 at the moment. As of now, the entire crypto market cap is below $200 billion with BTC dominance of 66.8%. The downward price shift might become strong if the Bitcoin dips below […]
After recording a yearly high at $147 on June 22, Litecoin’s price saw a six-month decline, bringing the price all the way to a current trading price of $44. The mid-year bearish correction has amounted to about -65% losses. Up until now, the sellers are still gaining control of the market on a long-term perspective. […]
Since the beginning of the month, the Bitcoin’s volatility is seriously shrinking and subdued with choppy price actions. Meanwhile, we may experience a big shock wave soon. Looking at the price chart, it appeared that Bitcoin could make a heavy surge to the upside. Though BTC price is still trading around $7500 for the past […]
Since our previous crypto trading signals, Bitcoin has been stuck in a tight range of $7300 – $7400 price areas. There’s a high tendency for a price explosion any time from now as the market could move either way. But for now, there’s no clue of where Bitcoin could be heading next. However, looking at […]
