Kraken is one of the most well-known digital currency exchanges in the world. Known for its security and as a leader in the world of bitcoin, Kraken is often at the forefront of all European trading volume. The exchange, founded in 2011 by Jesse Powell, offers a wide variety of […]
Bitcoin Investing
How Brexit Affects the Price of Bitcoin: A Correlation Analysis
When the United Kingdom made the decision to leave the European Union, commonly referred to as “Brexit,” the price of bitcoin soared against the British pound, which weakened substantially against all currencies as a result of the uncertainty pertaining to Britain leaving the EU. In the years to follow, the […]
Stablecoins Play Large Role in Institutional Bitcoin Borrowing and Lending, Study Finds
According to a recent study by decentralized borrowing/lending platform Lendingblock, the overwhelming majority of institutions involved in the digital asset space prefer to lend/borrow in stablecoins. Some 68 percent of polled institutions said that they preferred to use stablecoins to limit their exposure to volatility. The study polled digital asset […]
How to Buy and Sell on Bitfinex, Step by Step
An introduction to Bitfinex Bitfinex is one of the most advanced crypto exchanges in the world. Built with cutting edge technology, Bitfinex is the world’s largest trading platform for bitcoin against USD pair by volume. Besides that impressive accomplishment, BitFinex also allows trading of diverse altcoins on its exchange. Bitfinex […]
Bitcoin Traders: How to Use the Relative Strength Index (RSI) for Profit
Are you one of the thousands of bitcoin traders looking for the ‘perfect’ technical indicator? Your search will never end, for there are no ‘guaranteed-gains’ indicators…anywhere. However, if you’re willing to spend a little time learning how to use the Relative Strength Index (RSI), you may find yourself in accord […]
Bitcoin Options: Where to Trade Them
Bitcoin options are financial derivatives that enable traders to bet on where the price of bitcoin will trade in the future. Specifically, bitcoin options provide the holder with the right, but not the obligation, to buy or sell an asset at a specific price on a pre-defined date in the […]
Crypto Market Manipulation: How It Works and How to Protect Yourself
Do you sometimes feel that the digital currency markets are manipulated? Do you find some of the Bart Simpson pattern-generating price-swings odd? A simple Google search will reveal that you are not alone with your suspicions. Scores of “experts” and YouTube talking heads agree that price manipulation is rampant, and […]
A Look at Initial Exchange Offerings (IEOs), by Return on Investment
Initial Coin Offerings (ICOs) revolutionized the crowdfunding concept in a multitude of ways by enabling access to retail and institutional investors from across the world. Crypto spring in 2017 can largely be credited to the ICO boom. In 2017, ICOs saw unprecedented returns to investors both institutional and retail. Albeit […]
Set Up and Update the Ledger Nano S and X Hard Wallet, Step by Step
Being Ledger Nano S’s direct successor, the Nano X hardware wallet is obviously the superior product at this point. What improvements does it offer over its proven and immensely popular predecessor? While Nano S only works with a USB cable and a desktop/laptop computer, thanks to its Bluetooth connectivity, Nano […]
How to Build Your Bitcoin Trading System (+2 Trading Strategies)
Long-time traders are all too familiar with the old saw that says: “Trading systems are a dime a dozen.” Unfortunately, the sad truth is that many trading systems cost hundreds, if not thousands of dollars to lease or buy. However, even with such steep price tags, not one of them […]