Cryptocurrency traders sometimes have one of two objectives: to collect Bitcoin and Ethereum or to profit in USD in a shorter period of time. In a crypto bull market, increasing the USD value of your portfolio is relatively easy, but increasing your Bitcoin stake is more difficult. You can trade altcoins against Bitcoin on platforms like Crypto.com to track the value of your portfolio in terms of Bitcoin.
By actively trading your bitcoin, you run the risk of losing it to the market. Due to the volatility of cryptocurrency prices, it is very uncommon for traders to lose money quickly when trading cryptocurrencies. This is why so many cryptocurrency enthusiasts simply HODL their Bitcoin and other cryptocurrencies.
By: Dave Clerk
Uniswap, a trading platform, revealed that it has obtained $165 million in series B funding to increase transparency among more customers. Its objective is to make web3 accessible to all users. Hayden Adams, CEO of Uniswap Labs, introduced security and simplicity to the company, which helped it gain popularity among a diverse group of market […]
read moreBy: Dave Clerk
Steve Wozniak, co-founder of Apple and all-around computer genius, is at the forefront of addressing the rising issue of high energy use by cryptocurrency companies. Not all cryptocurrency companies are environmentally conscious, and Wozniak’s Efforce is here to alter that and create a precedent for future start-ups. Efforce’s tagline is “tokenized trading software that relies […]
read moreBy: Dave Clerk
The latest sanctions package proposed by the European Union against Russia includes a complete restriction on local Russian crypto transactions to overseas wallets. According to the official statement, the EU would “block all crypto-asset wallets, accounts, or custody services, regardless of the volume of the wallet.” According to the European Commission, this package is a […]
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