The renowned San Francisco-based exchange, Coinbase, announced that it would start accepting deposits in Zcash (ZEC). In a post made on its blog on Thursday, Coinbase said that in the next 12 hours, it would start with actual trading. Obviously, cryptocurrency prices rise significantly when it receives a Coinbase listing. In the case of Zcash, … Continue reading “Leading Crypto Exchange Coinbase Pro Adds Zcash (ZEC)”
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Guide: What are Bollinger Bands®?
Trading assets in an unpredictable market is risky business. The risk is what makes stock trading a constant challenge for traders. This is why stock traders are always on the lookout for tools that can help them predict the oncoming changes in the market. While such tools don’t offer a picture-perfect prediction of the market … Continue reading “Guide: What are Bollinger Bands®?”
Crypto Trading 101: Four Benefits of Bitcoin
Initially, there were wild speculation about digital currency with many advocating against it. A decade later, many people are reaping from their initial investment in Bitcoin. The price of Bitcoin is now over $6000. Last year the price rose to $20,000, which caused a significant shift in the cryptocurrency market. Even with all the positive … Continue reading “Crypto Trading 101: Four Benefits of Bitcoin”
Avoid These Common Cryptocurrency Trading Mistakes
Trading cryptocurrencies is a nonstop game. As a trader, if you do not do it right, you may lose all your money. On the other hand, if you follow a plan and are equipped with the right tools, you stand a chance to gain high returns. Effective trading can generate returns as high as 2000%. … Continue reading “Avoid These Common Cryptocurrency Trading Mistakes”
How Warren Buffett Would Trade Cryptocurrency Panic
Warren Buffett may not be a fan of cryptocurrencies. In fact, he and Charlie Munger still believe Bitcoin is a mirage and a “scum ball activity.” Buffett once went on to say it’s “probably rat poison squared.” Munger said the thought of owning cryptocurrencies was just “dementia.” However, we can still use the Buffett principles … Continue reading “How Warren Buffett Would Trade Cryptocurrency Panic”
Cofound.it Ceases Operations: Prompts Suspension of Trading
The tokenized project Cofound.it abruptly ceased operations. The project’s CFI token was trading on Bitfinex. The decision to discontiue operations follows deliberations regarding changing market conditions. The Cofound.it Platform 2018 has not been particularly kind to tokenized projects. Even projects that secured listings on the major crypto exchanges faced difficulties. According to the Cofound.it team, … Continue reading “Cofound.it Ceases Operations: Prompts Suspension of Trading”