The decentralized finance (DeFi) ecosystem is going mainstream, with a surge in institutional participation that is reshaping the industry. Institutions are coming with billions of dollars of capital and a mindset to capitalize on the mass adoption taking place in crypto markets. New cryptocurrencies with real utility are seeing their prices exploding, which can be seen on exchanges like Binance. With institutional investment being directed in this area of the market, we will continue to see DeFi grow significantly.
Decentralized lending is a prime example of where institutional investment is taking place. As John Glover, CIO of the decentralized lending platform Ledn, explained, “We saw a very healthy jump in institutional demand in July, which has remained steady since then.”...
Definition and Overview
Swing trading involves holding a position for several days to a few weeks to capture medium-term price moves. Swing traders typically base decisions on technical analysis, market cycles, support and resistance levels, and macro trends.
Characteristics of Swing Trading
Timeframe: Hours to weeks
Decision-making pace: Moderate
Trade frequency: Low to medium
Ideal for: Part-time traders and those who prefer less screen time
Example
A swing trader notices a bullish flag forming on Ethereum (ETH). They enter a long position at $1,700 and exit at $1,950 two weeks later, capturing a 14.7% profit while only monitoring the trade once or twice daily.
What is Scalping in Crypto?
Definition and Overview
Scalping is a high-frequency trading style that aims to profit from small price fluctuations...
The world of cryptocurrencies has evolved over time and the argument is no longer whether crypto coins are here to stay or not.
Instead, the question has tilted more towards which coin will retain global dominance or which coin will overtake it, who will gain or who will lose.
On the global market of digital coins, it is not uncommon to pitch giants against each other and examine them side by side to see which one passes the test as a more viable investment option and, in the long run, which of the two will survive as a market leader and...
Are you wondering how to buy and sell Bitcoins and Altcoins in Nigeria? Of course, you are. It’s quite natural to worry about how you can exchange your cryptocurrency without getting scammed. Therefore, NGexchanger exists. The obvious question is,
What is Ngexchanger?
It’s a subsidiary of an ICT company, Nyxel Integrated service that offers digital currency services. In fact, NGexchanger is currently the leading and most trusted website where you can buy and sell Bitcoin, PerfectMoney, Ethereum, Ripple, Bitcoin Cash, and other cryptos in Nigeria.
Ngexchanger also provide Bitcoin wallet services, one can generate bitcoin address, send, receive and store bitcoin on...
Since the advent of Bitcoin in 2009, many other cryptocurrencies like Monero (XMR), applications, and operating systems based on the blockchain technology have sprung up; each with their individual unique features. From platform decentralization to pseudonymity, to faster transactions speed, and voluminous transaction quantity etc., many developers have invented (and are still trying to invent) several blockchain platforms that will better those previously launched in past.
Monero (XMR) is another blockchain network whose products and methodologies offers new innovations and features that previous blockchain networks like Bitcoin and Ethereum lacked.
Monero was launched in 2014 by 7 developers, out of which...
In the last 9 years, we have witnessed the birth and rise of so many currencies in the crypto scene; many thanks to the Blockchain technology (which doesn't quite get enough accolades as people focus only on the financial and trading aspect of crypto coins and are quick to forget the originator).
Stellar Lumen (XLM), the NEO (NEO) and the Cardano (ADA) are examples of cryptocurrencies that were launched between 2014 and 2015... and was once one of the top 10 cryptocurrencies in the world, but now at number 39 (according to CoinMarketCap's market capitalization rating).
The EOS cryptocurrency is another...
From about 2014 till this very moment, the number of new cryptocurrencies and companies based on the blockchain technology that have sprung up is overwhelming.
What is, however, more overwhelming is the growth and welcome these "newcomer" cryptos have received since inception.
An example of such blockchain technology-based company is Stellar; and we shall be talking about the currency used on the network — the Stellar Lumen (XLM).
Stellar is an open source platform founded in the early periods of 2014 by Jed McCaleb and Joyce Kim (a lawyer). Jed has years of experience in the blockchain technology. He created eDonkey (a...
Over the past 2 to 3 years, there has been a whole lot of fuss about many cryptocurrencies. And quite interesting is the fact that before now, whenever the word "Cryptocurrency" or "Crypto" were mentioned, the mind quickly and subconsciously goes to "Bitcoin". Now, as a result of the upspring of platforms based on the blockchain technology that performs even better than the Bitcoin network, the attention has been shifted significantly away from Bitcoin.
There are quite a number of popular cryptos, asides the Bitcoin, that have grown in terms of popularity, volume, market cap and value over the years:...
Just like there are tons of ‘paper’ currencies recognized, spent and exchanged in different countries all across the world, this diversity and multiplicity are quite the same in the crypto world. There are, presently, over a thousand five hundred (1,500) recognized cryptocurrencies existing and being traded. Out of the near-2000, only a few are mostly traded and of highest value – see: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH) etc.
Cardano is also a good example…and we shall be highlighting some key features of the crypto, what you should know about it, its value (compared to...
In the changing era of investment with forex trading, many statistics of investment can be altered. The best suitable option of profit can seem running unparalleled with market trends. For hassle-free trading in business growth, some alternatives can turn out to an “Out of Box” like-CFDs, which stands for a contract for difference.
CFD’s: Are they making difference in digital payments:
CFDs are an easy way to trade. Molding the easing button of buying stocks or commodity shares, you are speculating on their values without physically owning them.
In digital payments, CFDs are more than an arrangement for the futures contract, whereby...
For those of you who are unfamiliar with the crypto world or new to crypto investment, Ripple is one of the leading altcoins available. Unlike Bitcoin, instead of using the Blockchain platform, Ripple uses its own intuitive payment system that relies on peers to verify the transactions. It is open-source and has had backing from a Google (ABC) umbrella company Google ventures.
Currently, it is one of the top 5 Crypto tokens and has held a favourable condition since it first launched.
Recently, the Ripple price has increased, and this article takes a look at several factors that are causing this...
In today’s Crypto post, we shall be talking about a newcomer in the crypto world that’s making waves and showing a whole lot of prospects. The coin under our beam light today is the Bitcoin Cash (otherwise BCH).
Now, if perhaps this is your first time hearing the term “Bitcoin Cash”, I might as well use this opportunity to enlighten you that it is not the “cash you make from trading Bitcoin”, neither is it “Bitcoin in raw, physical cash”.
However, if it is any compensation, you might be excited to know that if you thought “Bitcoin Cash” was in some...
Albeit Bitcoin might be taking all the spotlight in the crypto world, there a couple of other cryptocurrencies that are worth knowing, likewise, your investment. Amongst the over one thousand five hundred cryptos there presently are, a few number of them have managed to put up a good fight against Bitcoin in terms of popularity, value, market cap and other categories.
Ethereum, Bitcoin Cash, and Ripple have all come close to Bitcoin and have grown to become the most traded coins in the crypto market. LiteCoin is another cryptocurrency with noting.
According to CryptocurrencyFacts, Litecoin was the second most popular cryptocurrency...
According to the CoinMarketCap, there are 1615 cryptocurrencies in existence in the world at the moment. And going by the information on the list by CoinMarketCap, the top three coin (read: cryptocurrency), according to overall market capitalization, are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).
We have revealed a couple of things you should know about Bitcoin, its history, valuation, trading and also, gave a couple of mining (production) tips — we so want to make you rich?. Same for Ethereum; read a couple of things about the 2nd biggest crytpo (market cap-wise) here.
Getting ones head around cryptocurrency can be...
At the moment, there are thousands of cryptocurrencies being traded among people, businesses, crypto investing enthusiasts, and many more. Bitcoin is the most popular and arguably the most traded out of them all, but just like a kingdom has a King and a Queen, the crypto world has a queen — Ethereum.
You most likely have heard or stumbled upon the word Ethereum...or not. That's because it is the 2nd most valuable cryptocurrency in the world right after Bitcoin. In this article, we will be breaking down Ethereum into bits for the sake of beginners and the curious cats that...
There is a 50% chance that in the last 10 to 12 years, you probably have heard the words Cryptocurrency and Bitcoin from your peers, colleagues at work, relatives, news, etc. While the whole concept of Cryptocurrency (Crypto for short) and Bitcoin (otherwise BTC) isn't new to some reading this, it all seems like magic to a couple of people (reading this).
If you fall among the latter category, and there exists the tiniest bit of curiosity in you, then I advise you keep your eyes glued to your screen as we would try to demystify the whole Cryptocurrency and...
Blockchain is basically a ledger; a distributed one. All transactions that occurred on that particular Blockchain are recorded and then stored on the ledger in a form of block data. Once the ledger successfully stores a transaction, it can be removed. This means that with each transaction, the longer the chain of data blocks become.
One of the implications of this is that the complete history of transactions from the recent ones to the first entry is available for verification always. A complex cryptography protects all the data recorded in the distributed ledger and when you possess the key, you...
Cryptocurrencies are more mainstream today than they ever were in the past! With parliaments around the world discussing and debating on cryptocurrencies and the Blockchain technology, the digital economy revolution has begun to peak. An increasing number of people are now aware about Bitcoin than they were in the past. This is leading to a rise in Bitcoin mining as well.
Bitcoin mining as an activity has been picking pace. While miners are looking towards mining as an opportunity to generate income, there are many who are pointing it out as a threat to the environment. Regardless of the controversies,...
Blockchains, the technology which sits underneath cryptocurrencies like Bitcoin are decentralized ledgers, held by a trustworthy source which tracks who owns what. Long after the Bitcoin hype has died down and the currency has settled at ‘normal’ levels, Blockchains are likely to remain and could underpin much of the high value transaction processing that currently only banks can perform.
Blockchains solve some of the most pressing issues associated with internet trades. Because they hold information securely on multiple computers in parallel they are hard to hack. Since they are decentralized, there are no middle men taking a cut simply for...
FirstBlood is one of those new cryptocurrencies that has hit the market with the aim to revolutionize the global eSports gaming industry.
When an innovative product, service or technology is introduced into the global market, for the very first time, it is very hard to predict the impact that it will end up having.
There are hundreds of cryptocurrencies available in the market today, each of them with their own set of special features.
FirstBlood Specifically Targets eSports Industry
Newzoo, a market leader in the eSports industry, estimated the global eSports industry to hit $696 million by the end of 2017 and grow...
Buying cryptocurrency in Nigeria has been a complicated and technical process in the past. However, Coindirect, a peer-to-peer marketplace recently launched in Nigeria, now offers a fully regulated platform for Nigerians to easily and securely buy Bitcoin and over 30 of the world’s leading altcoins using local payment methods.
The platform is currently operating in Nigeria, Kenya, South Africa and the United Kingdom, and will be expanding into more countries later this year.
Continue reading to find out how to place your first order for Ripple (XRP) if you are based in Nigeria.
Create an account with Coindirect
Go to the Coindirect homepage,...
Bonn - With its headquarters in Bonn, Germany, healthbase is the latest and newest initiative in the blockchain and healthcare sector aiming to advance and revolutionize medical research.
You may also be interested on Bitcoin.
Healthbase seeks to leverage the core aspects of blockchain technology and advanced information technology to promote medical research and healthcare itself to the next level.
The broader aim of the project is to ensure that medical researchers, care providers, as well as patients, are given easy and secure access to high-quality health data. Progress in the field of medicine and better therapies for patients are the results...
Due to the ever-increasing volume of money transfer from Malaysia to Nigeria, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe...
By providing interoperability, decentralized oracle services, and enhanced efficiency, Cosmos is shaping the future of prediction markets. In this article, we explore the role...
