Amazing Crypto

Category: Trading

  • Cardano (ADA) is up 70% YTD but still isn’t the best performing coin of 2020

    Major developments within the company and an array of new projects and partnerships have put Cardano (ADA) among the top 10 coins by market cap. However, even with a 70 percent YTD rise and a 62 percent 30-day growth, the coin’s growth pales in comparison with the pumps both BSV and BCH have seen. ADA…

  • World Markets – Managed Trading Accounts

    World Markets – Managed Trading Accounts

    Trading in any market can be a difficult thing, especially if you lack technical knowledge. Luckily, there are services like managed investment accounts, where a professional does all the work for you. A managed investment account (or portfolio) can be defined as a set of assets that are given to a certain financial company, a…

  • ETH has been outperforming BTC this year in terms of growth

    Ethereum has been outperforming Bitcoin this year in multiple metrics, as the world’s largest cryptocurrency has been sluggish ahead of the May 2020 halvening. According to data from Skew, Ethereum has shown a 47 percent YTD price growth, outpacing Bitcoin’s 29 percent. Ethereum futures and options have also seen a significant rise in volume. The…

  • What investing $1 daily in BTC, ETH, and XRP would have made you

    Investing as little as $1 every day into Bitcoin over five years would have yielded an incredible 12x return. According to James Todaro, the managing partner at Blocktown Capital, an investment of $1,858 into Bitcoin would now be worth over $22,000 even when accounting for Bitcoin’s violent price swings. A dollar a day keeps bankruptcy…

  • Users can now trade Cardano (ADA) with up to 75x leverage on Binance

    Binance Futures, the futures trading platform of the world’s largest cryptocurrency exchange, has announced the launch of ADA/USDT perpetual contract. Users will be able to trade Cardano (ADA) with up to 75x leverage, the company said, adding that trading will open on Jan. 31, 08:00 AM (UTC). Binance Futures, the margin trading branch of the…

  • Visa continues to dwarf Bitcoin in this important metric

    Despite optimistic predictions, Bitcoin still has a long way to go before it can compete with companies such as Visa. The fiat currency giant reported transaction volume of over $11.2 trillion in 2018, while Bitcoin network only managed to transact around $2.2 trillion until 2019. Visa dominates all payment processors with $11 trillion transaction volume…

  • Report: Small price change in Bitcoin could trigger a bull market

    The latest Coin Metrics report found that about 72 percent of all Bitcoin in circulation now has unrealized gains. The huge rise from December’s 50 percent shows that the vast majority of Bitcoin has an estimated cost basis of less than $12,000. At these levels, only a small price increase could trigger a bull market,…

  • New Guidelines Subject Canadian Crypto Exchanges to Securities Laws

    New Guidelines Subject Canadian Crypto Exchanges to Securities Laws

    Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also…

  • Eerily accurate trader who called Bitcoin’s $7,000 drop says 30% rally is next

    Eerily accurate trader who called Bitcoin’s $7,000 drop says 30% rally is next

    After a jaw-dropping 30 percent rally in two weeks, Bitcoin has finally begun to take some time to cool off. Over the past two days, the cryptocurrency has found itself trading within a tight $350 range, bouncing between the resistance of $8,900 and support of $8,550. While there are some analysts saying that BTC failing…

  • Uzbekistan to Create National Mining Pool, Launch Licensed Exchange

    Uzbekistan to Create National Mining Pool, Launch Licensed Exchange

    Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed cryptocurrency exchange, where miners will be able to sell the coins they have minted.…