Scammers attempt to defraud unwary traders through a variety of complex ways in investment circles. The “pump-and-dump scam” is one such approach that is commonly used in unregulated investment markets like as the cryptocurrency market. Pump-and-dump is a type of…
Crypto News: A Weekly Review
In the early part of the week, Bitcoin woke up and is now comfortably resting above its prior $16,000 support. The biggest cryptocurrency by market capitalization was recently trading at over $16,200, up 2.5% as crypto markets started to follow stocks…
Bitcoin & Ethereum Market Overview
Most of the leading cryptocurrencies remained flat at the end of the previous trading week. The second-largest cryptocurrency, Ethereum, is now down by 6.4%. In the last seven days, Bitcoin plummeted by 1.3%. This happens even though the markets are still…
As FTX Contagion Spreads, Genesis and Gemini Earn Halt Withdrawals
Major cryptocurrency companies Circle, Gemini, and Luno are exposed to digital currency prime broker Genesis, which has stopped user withdrawals and deposits inside its lending division while the ramifications of FTX’s meltdown endure. In August 2020, Genesis announced a partnership…
What Are Maker and Taker Fees on A Crypto Exchange?
Both experienced and novice cryptocurrency traders share the desire to pay the lowest trading fees possible. It has become essential to choose an exchange with minimal costs because whether you trade on a centralized exchange or a decentralized exchange, you prefer…
Crypto News: A Weekly Review
Bitcoin demonstrated its value for the second day in a row, rising even as the post-FTX crypto world crumbled around it. The greatest cryptocurrency by market capitalization is one that has a value above $16,750 and had a rise of around…
Bitcoin & Ethereum Market Overview
Over a few turbulent days, FTX, the world’s second largest crypto exchange, crashed. On Friday, FTX and Alameda Research, a market maker and trading company filed for Chapter 11 bankruptcy in the United States. Sam Bankman-Fried, the group’s CEO, resigned and…
Here’s How FTX’s Industry-Shaking Story Played Out.
The cryptocurrency market is notorious for dramatic shifts, roller-coaster prices, and wealth that come and go fast. Even by crypto norms, what occurred this week was out of this world. The collapse of FTX, one of the world’s largest cryptocurrency…
Why you should be cautious while investing in cryptocurrency?
Volatility is defined as the “capacity to shift quickly and unpredictably, especially for the worse.” This word refers to a digital asset while investing in cryptocurrencies. The nominal value of an asset is subject to unpredictability. Why are cryptocurrency markets…
Crypto News: A Weekly Review
On Tuesday, crypto investors needed help deciding if they appreciated Binance’s proposed acquisition of rival FTX. The Bitcoin price was down dramatically below $20,000, which had been its support for the previous two weeks, immediately after the agreement was disclosed. …