Trading in the cryptocurrency market can be a roller coaster ride filled with immense highs and devastating lows. With the market’s notorious volatility, the psychological component of trading becomes critically important. Understanding and managing your emotions can mean the difference between success and failure in this high-stakes arena. The Emotional Challenges of Crypto Trading The […]
Digital Chamber raises privacy concerns over IRS crypto tax draft The Chamber proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate, such as NFTs taxed as collectibles, to prevent errors and ensure accurate reporting. News Own this piece of crypto history The Digital Chamber […]
Cryptocurrency arbitrage is the practice of profiting from price discrepancies for the same asset across different markets. This strategy can be highly lucrative when executed correctly. In this article, we’ll explore a few successful case studies of cryptocurrency arbitrage trades to illustrate this concept in action. Case Study 1: Bitcoin Triangular Arbitrage One well-documented case […]
Analysis of Bitcoin Mining Activity Bitcoin miners are currently facing challenges due to rising operational costs and lower rewards. However, experts believe that the situation is not at a catastrophic level. Details of the Mining Situation Hash ribbon inversion is occurring, causing blocks to be found slower than usual. About 5% of mining hashrate is […]
In the dynamic world of cryptocurrency, creating a meme coin on Base, a popular layer-2 solution, can present unique opportunities for engagement and economic innovation. Tokenomics, the economic model that governs a cryptocurrency, is foundational to the success and sustainability of your meme coin. This article will explore the key principles of tokenomics and provide […]
Bitcoin price drops below key level, raising concerns for $60,000 Bitcoin’s price briefly fell below an important threshold, causing worries among traders about a potential further drop towards $60,000. Bitcoin recently dropped below $64,000 This signals a possible 8%-12% correction towards $60,000 Short-term holder realized price plays a crucial role in determining support levels Short-term […]
Solana is a high-performance blockchain platform designed to scale and support high-throughput applications. Unlike traditional blockchain platforms which struggle to process more than a few transactions per second, Solana can handle up to 65,000 transactions per second due to its unique architecture and consensus mechanisms. This article aims to provide a foundational understanding of the […]
Bitcoin Price Bounce Will Occur When ‘Weak Hands’ Capitulate and Hashrate Recovers Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers. Markets News Own this piece of crypto history Bitcoin (BTC) has been in a downtrend for over two weeks and now trades 13.8% below its all-time high […]
Daily Crypto Recap Want to stay informed on the latest in the crypto world? Check out the summary of today’s news covering Bitcoin, blockchain, DeFi, NFTs, and more. Bitcoin Blockchain Bandwidth Usage Hits Over 90% Bitcoin’s blockchain bandwidth usage has surpassed 90% for the first time since the 2024 halving event. New token standards like […]
The rise of digital currencies has transformed the financial landscape, introducing new roles and responsibilities within the market. One such essential role is that of a cryptocurrency analyst. This position involves a thorough understanding of the cryptocurrency market, technical proficiency, and the ability to analyze and forecast market trends. In this article, we delve into […]
