Amazing Crypto

Category: Trading

  • Bitcoin Finishes February Up 11 Percent Ending Record Six-Month Streak of Losses

    Bitcoin has ended a six-month streak of losses, closing February up 11 percent. This is the fifth consecutive year Bitcoin has closed February while in the green. While some day traders are using the opportunity to take profits, others are going long with the belief that the bear market could be coming to an end.…

  • Ripple XRP Now Available to Retail Investors on Coinbase.com and Its Mobile Apps

    XRP is now available to retail investors on Coinbase.com and the Coinbase iOS and Android mobile apps. The move comes shortly after the exchange listed XRP on Coinbase Pro, its trading platform designed for more sophisticated users. On Feb. 28th, Coinbase announced that users will now be able to buy, sell, send, and receive XRP…

  • Nasdaq’s Listing of XRP Ripple Liquid Index in Final Stages, Bitcoin and Ethereum Indices Live

    Nasdaq, the world’s second-largest stock exchange with a market capitalization of over $10 trillion, is in the final stages of launching its XRP “Ripple Liquid Index” (RLX) and has successfully launched Bitcoin and Ethereum Liquidity Indices (BLX and ELX) as of Feb. 25th. At present, Nasdaq supports over 4,000 global indices and it recently partnered…

  • Did Insiders Trade XRP Before the Coinbase Listing?

    Did Insiders Trade XRP Before the Coinbase Listing?

    XRP was trading up at approximately 7 percent 15 minutes after the announcement, proving once again that Coinbase listings have a material effect on the price of a cryptocurrency. What was less expected was the small rally in the hours leading up to the announcement, which may indicate insider accumulation. Coinbase announced on Feb. 25th…

  • Maduro’s Petro Becomes More Accessible, but Scrutinized by Venezuelans

    Maduro’s Petro Becomes More Accessible, but Scrutinized by Venezuelans

    For a while now people were skeptical about the Petro network and questioned whether or not it even existed. Many Venezuelan citizens explained over the last few months that they hadn’t seen the new asset being used in the wild. However, recent reports detail that there are a few new methods available for residents who…

  • When XRP? Coinbase Pro Now Adds Ripple XRP

    The Ripple community has hounded Coinbase on when it would add XRP to its trading platform. There is speculation that Coinbase delayed the listing due to potential securities classification of the cryptocurrency. However, today, Coinbase finally made the plunge and announced it is opening XRP trading on Pro. Beginning Feb. 25th at 10:00 PST Coinbase…

  • Binance Launches DEX Testnet for Peer-to-Peer Crypto Trading

    Binance has officially released its DEX testnet, a decentralized order-matching engine which will purportedly allow users to create wallets and trade cryptocurrency without trusting a centralized service. However, it also raises questions about how increased on-chain transactions will impact Bitcoin and whether Binance’s DEX really is decentralized. Binance Launches DEX Testnet for Peer-to-Peer Crypto Trading The…

  • Markets Update: Crypto Traders Still Uncertain After a Week of Consolidation

    Markets Update: Crypto Traders Still Uncertain After a Week of Consolidation

    Cryptocurrency markets are once again riding a long period of consolidation as the last seven days has failed to show any meaningful moves. During our last markets update, digital asset values spiked considerably, gaining billions in one hour on Feb. 8. But a week later cryptocurrencies have offset those gains and most markets have been…

  • Luxembourg’s New Bill Affords Blockchain Transactions the Same Protections as Traditional Ones

    Luxembourg lawmakers passed a new blockchain bill into law, giving transactions completed via distributed ledger the same legal status as those done via traditional means. Luxembourg is one of the more forward-thinking in terms of blockchain adoption. Now, the country has taken a significant step in providing financial market participants with more transparency and legal…

  • The Importance of Risk Management and Psychology When Trading Crypto

    The Importance of Risk Management and Psychology When Trading Crypto

    In 2017, as crypto mania escalated, we witnessed extreme cases where individuals decided to make huge bets on bitcoin. Some liquidated all their assets and invested their life savings. Most of these investors were subsequently gored by the same bull that had led them and then rekt during the ensuing bear market of 2018. Knowing your…