Crypto Panel - How to trade Cryptocurrencies
Cryptocurrencies Market Prices
CAKE price bottoms out as PancakeSwap announces $25 million burn
PancakeSwap’s price increased nearly 3% on Monday after the decentralized exchange platform on the Binance Smart Chain announced a token burn of more than 8.9 million CAKE tokens, collected from trading fees across Automated Market Makers Version 2 and 3 of the platform.
Ripple lawsuit to see SEC response on Monday, XRP nears 4.5 million mark in liquidity pools
Ripple closed above $0.52 on Sunday and resumed its climb on Monday, May 6. Sentiment among market participants is positive as traders await Securities and Exchange Commission response filing and XRP locked in Automated Market Maker liquidity pools crosses 4.31 million.
Crypto AI tokens post near double-digit gains amidst launches from NVIDIA, OpenAI and Amazon
AI-based cryptocurrencies have experienced nearly double-digit or higher gains on Monday, well above the price increases seen among the main crypto assets, likely fuelled by recent announcements of new developments from AI and tech giants in the US.
Addressing the crypto investor dilemma: To invest or not? Premium
Bitcoin’s consolidation crosses the two-month mark but shows no signs of a breakout or a directional move. Investors waiting with bated breath for a volatile move remain confused about whether to buy the dips or keep some cash reserves for a rainy day.
Latest Wrap-ups
BTC/USD FORECAST POLL
Interested in weekly BTC/USD forecast? Our experts make weekly updates forecasting the next possible moves of the bitcoin-dollar pair. Here you can find the most recent forecast by our market experts:
Bitcoin: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.
What you need to know about Cryptocurrencies
WALLET
How to choose a cryptocurrency wallet
If you’re interested in using virtual coins like Bitcoin, Ethereum, Litecoin or any other out the over 1,500 coins and tokens currently available on the market, you’re going to need a wallet. If you are new to cryptos, this guide is your shortcut to understanding what a cryptocurrency wallet is, how they work and which one suits you best.
27 min Beginners Beginners
brokers
How to buy cryptocurrencies: 4 key factors to buy Bitcoin, Ethereum, Ripple and Litecoin
So you've heard a lot about cryptocurrencies and wanted to give it a try. Most likely, you are overwhelmed with the sea of unknowns, and your mind is blowing from endless questions: Where to start? How to proceed? What are the best practices? How to escape pitfalls and not to fall victim to fraudsters?
16 min Beginners Beginners
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Coinbase, Binance or Coincheck down for maintenance? Top 4 scenarios and how to deal with crypto exchange problems
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Cryptocurrency vs fiat currency: What does fiat mean and three main differences to consider
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How to Choose a Cryptocurrency Broker? Brokers that offer cryptos
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How to buy cryptocurrencies: Coinbase, Coinbase Pro, Kraken, Bitstamp vs Brokers
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Best cryptocurrency exchanges to buy Bitcoin, Ethereum, Ripple and Litecoin in 2018
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What are Bitcoin Futures: Trading on a regulated market
The volatility of cryptocurrencies prices
The cryptocurrencies prices are highly volatile compared with the traditional currency pairs and assets in the foreign exchange market due to fluctuations in the interest of the public. This factor is associated with the user and we must add the absence of current regulation and its constant pressure from governments. These factors make the volatility of the digital currencies constant, modifying the Cryptocurrencies Market Prices and affecting values of such cryptocurrencies as Bitcoin, Ethereum, Ripple, Cardano, Stellar Lumens, VeChain, Litecoin or Chainlink, among others.
To begin trading in this volatile market it is necessary to be well aware of the market prices of cryptocurrencies. The cryptocurrency investor has to differentiate between Bitcoin and the wide variety of existing Altcoins and should be well informed about their graphs and quotes, as well as the latest news related to these digital currencies.