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European Union Proposal

Posted on March 16, 2022

The European Union Parliament was initiating a proposal for the ban of bitcoin. However, this did not go into effect. Six committee members ruled against this ban. The proposal introduced to the draft last week aimed to limit the usage of cryptocurrencies powered by an energy-intensive computing technique. This is commonly known as proof-of-work. Several crypto supporters worldwide reacted strongly to this proposal. Yesterday in a report on Coin Desk, they explained that many[…]

Different Order Types – How To Choose The Right One For You?

Posted on March 16, 2022

In today’s article, we’ll discuss the different order types pertaining to the trading world. Market Order A market order is when you sell or trade a stock at the market’s price. The idea behind a market order is that the investor has no control over the amount paid for the purchase or sale that he will be making. Instead, the price is decided and set by the market. A market order can often be[…]

Swing Trading Made Simple: A Guide To Successful Trading

Posted on March 15, 2022

In today’s article, we will be learning what swing trading is. Swing trading is a form of trading whose main focus is to capture the market’s swings. The swings refer to the price moves that happen quickly and for short to medium time frames. “Swings” usually last from a few days to several weeks. What is Swing Trading? Swing trading is a tactic that focuses on catching brief-to-intermediate price shifts, commonly referred to as[…]

What Is Spoofing? #1 Understanding the Impact In Trading Now

Posted on March 15, 2022

What is Spoofing? Let’s talk about what spoofing is in the financial market. Spoofing is a way of manipulating the market by placing fake orders. The order placed will buy or sell assets such as stocks, commodities, and cryptocurrencies. Usually, traders who spoof the market do so using bots or algorithms. In this way, the order is done automatically. Once the order is close to being filled, it gets cancelled. The fundamental goal of[…]

Litecoin versus Bitcoin Cash: The Better Investment Opportunity In 2023

Posted on March 15, 2022

Litecoin versus Bitcoin Cash, let’s learn the difference between them and which is best to invest in. Litecoin is a secure and reliable cryptocurrency that makes payments efficiently and instantly worldwide. It’s an open-source network, meaning users can access its code alone. Litecoin is known to be fast at completing transactions and efficiently storing information and transaction details. Bitcoin Cash, however, was created to bring to the crypto world blocks of higher capacity than[…]

Elon Musk and Inflation

Posted on March 15, 2022

Tesla CEO Elon Musk has discussed high inflation and its effects on his companies. Starting Sunday evening, he tweeted a series of tweets starting with the first. He said, “What are your thoughts about the probable inflation rate over next few years?” He mentioned that the two companies he owns, Tesla and SpaceX, have experienced the effects of inflation pressure. Musk also said that this had become a trend for several other companies. He[…]

Weekend In Red

Posted on March 14, 2022

Over the weekend cryptocurrencies were in the red. Monday morning bitcoin was trading at $37,800, it had gone down 3% from where it stood over the weekend. Ether which was trading at $2,500 also was down by roughly 3%. Similarly, many altcoins happened to also be in the red. Since Russia has been in attack mode Bitcoin and Ethereum have been fluctuating. Bitcoin has gone from the $37,000 to $45,000 price range that it[…]

What’s in Bidens Executive Order?

Posted on March 14, 2022

President Joe Biden’s executive order has been released. The executive order went through delays because Biden tried to resolve the ongoing conflict in Ukraine. Now you may be wondering what’s in the executive order? Firstly, it includes a six-point strategy for the U.S. government regulating cryptocurrencies. 1. Investor protection Investor protection has been of top importance. The Treasury was put in charge of assessing policy recommendations on crypto. In addition, regulators will need to[…]

NFT Donations to Ukraine

Posted on March 9, 2022

As the war in Russia continues the NFT collectors club announced their donation of $1 million to Ukraine. The donation came after about an identical amount was received from crypto wallets that also held a Bored Ape NFT. On March 8,389 ETH were sent from the BAYC address to the Ukraine cryptocurrency contribution address. This comes out to $1.05 million at current market prices. $60 million worth of donations to Ukraine: The Ethereum address[…]

Litecoin Versus Ethereum: Examining The Security And Privacy Features

Posted on March 9, 2022

In today’s article, we will be discussing Litecoin versus Ethereum. The two are very different blockchain projects. Litecoin is similar to Bitcoin but is a faster and cheaper option. On the Litecoin network, blocks are done every 2.5 minutes. Ethereum, however, is a decentralized computer system allowing developers to create their own apps using smart contracts. On the Ethereum network, blocks take 10 to 20 seconds to be formed. Litecoin versus Ethereum – Prices: The prices[…]

Author : fxadmin