For the agile trader, cryptocurrency trading offers a great opportunity to earn huge returns within a short span of time.
In Brazil, which is reeling under a slowdown and high unemployment rate, 1.5 million people are investing in cryptocurrencies compared to the local stock markets called B3, which has 1 million investors.
Russia, which had banned crypto assets as a means of payment in May of last year is considering allowing cryptocurrency trading.
NEO/USD. Neo was the best performer among major cryptocurrencies in the past seven days.
The XMR/USD pair has continued to move up smartly for the past two weeks.
Not only the price has moved up; bitcoin's hash rate also rose to a new high during the week.
To cater to this higher demand, Galaxy Digital will introduce crypto options trading, which can be used by larger players for hedging purposes.
Not only analysts, traders and bitcoin enthusiasts are positive on the cryptocurrency; Ripple CEO Brad Garlinghouse said that he was positive on bitcoin as a store of value and is long on it.
BNB/USD. Leading cryptocurrency exchange Binance announced a bitcoin-pegged token on its blockchain Binance Chain that will be 100% backed by bitcoin.
The BNB/USD pair is one of the strongest major cryptocurrencies as it continues to make new lifetime highs on a regular basis.
Top 5 Crypto Performers: NEO, XMR, BTC, BNB, ETH
gepubliceerd op Jun 23, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.