Tuesday, March 12, 2024

Trading News

While cryptocurrencies are created with a specific use case in mind, such as being a decentralized form of money, the vast majority of their use to date is driven by trading and speculation. Cryptocurrencies are known to have extremely volatile valuations, which creates an opportunity for investors to profit through the buying and selling of these assets.

Trading is typically done on a cryptocurrency exchange where users can buy and sell different crypto-assets using either fiat currencies (fiat-to-crypto) or other cryptocurrencies (crypto-to-crypto). [blokt] reports on the latest developments occurring at major crypto exchanges such as Binance or BitMEX and publishes it all here in the Trading News section.

The cryptocurrency market shares many similarities with traditional financial markets such as stocks, forex, and commodities, but it also has some unique features. The crypto market trades 24/7, crypto-assets can be exchanged directly for other crypto-assets, and they can be transferred easily to any wallet. In comparison, the stock market only trades 5 days a week during specific hours, and shares cannot be directly exchanged for other shares. Likewise, transferring shares between people or brokers is a more complicated process.

Cryptocurrency traders often use fundamental analysis, technical analysis, or a combination of both to determine trading opportunities. The crypto market is driven by supply and demand, and both news events or price movements can lead to a change in the balance. If the US government announced that it would start accepting Bitcoin as payment for taxes, this would likely lead to an increase in demand for Bitcoin, and therefore a higher valuation. As Bitcoin’s price rises, it creates a FOMO (Fear Of Missing Out) effect, leading others to acquire it in the hope of making a profit. This further increases its demand, and therefore, its valuation.

Our Trading News section brings you the most price-sensitive information as soon as it goes public, helping you stay well informed as a trader. We bring you daily news updates relating to the digital asset market, cryptocurrency & altcoin exchanges, Bitcoin futures, crypto trading products, and more.

CEX.IO Extensive Review [2023] – A Safe, Proven Crypto Exchange

CEX.IO manages to balance the provision of an exchange platform with advanced services and an interface that is visually appealing, easy-to-use, and accessible to...

Best Cryptocurrency Exchanges

When trying to decide on the best cryptocurrency exchanges, it is not simply a matter of ranking by volume or performing a broad comparison...

Bitcoin Falls for the 8th Week, Setting New Record

Bitcoin's price has fallen for the eighth week in a row, setting a new record. BTC/USD declined another -3.3% percent last week, and it...

Luno Exchange Review for 2020 – Can You Trust It?

Luno is a simple-to-use cryptocurrency exchange that offers a limited, but well-delivered range of services in a trusted, reliable, and secure fashion. Luno is geared-towards...

Bitsgap, the Multi-Exchange Cryptocurrency Trading Platform

For traders who regularly use multiple exchanges, keeping track of open positions and market fluctuations can be a daunting task, requiring a high level...

Crypto Pairs Trading Now Available to Caspian’s Growing Institutional Client Base

Caspian, a leading crypto asset trading and risk management platform for institutional investors, has launched its pairs trading functionality. Since its founding 19 months ago,...

Tezos Enjoys Another Major Platform Listing, Will Binance Follow Suit?

Today, the Tezos token, XTZ, has enjoyed another listing on a major trading/investment platform. eToro, which currently boasts more than 11 million registered users,...

TradingView: 30% of Audience “Extremely Engaged” With Crypto, As Popular As...

Data has emerged, showing that 30% of TradingView’s audience are using the platform for cryptocurrency analysis on a daily basis, which is on-par with...

Alameda Research: Bitwise Report on Fake Bitcoin Trading Volume Inaccurate

Despite recent testimony from Bitwise to the U.S. Securities and Exchange Commission (SEC), which stated that up to 95% of Bitcoin trading volume is...

Bitfinex Launches Improved Reporting Tool to Help Users Optimize Their Trading

Bitfinex revealed yesterday that it is committed to providing excellent services to its customers all over the globe. Thus, the reason why it has...