Following a set of simple trading rules can be the difference between a growing portfolio and a liquidated account. Here’s 10 rules to consider. Dennis Gartman began his trading career in the 1970s and over the years he amassed a ton of experience trading Forex, treasuries, stocks, commodities, and derivatives. Those familiar with Gartman will […]
Continue ReadingSentiment among top Bitcoin traders remains mixed after BTC surged 5% to reach the $7,200 resistance level. The sentiment of top traders on the short-term trend of the Bitcoin price remains mixed after BTC surged by more than five percent within less than six hours from $6,840 to $7,200. Some prominent traders believe that the […]
Continue ReadingMost of the top five cryptocurrencies are attempting to form long-term bottoms, which are unlikely to be revisited after the next uptrend starts. Bitcoin and the crypto universe are going through one of the toughest periods as the world battles the coronavirus pandemic. The central banks and governments are trying to support the economy by […]
Continue ReadingGiven the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year? Could this be the year the world gets serious about cryptocurrency taxation? The coronavirus pandemic, after all, could cost the global economy as much as $4.1 trillion — or almost 5% of global […]
Continue ReadingA South African team is building a blockchain-powered COVID-19 status verification app, using a different approach to Russian, Chinese solutions. A team of academics at the University of Cape Town in South Africa is developing a blockchain-powered application that will allow users to verify their own COVID-19 status. The platform, named Covi-ID, is still under […]
Continue ReadingMost major cryptocurrencies have turned down from their 50-day moving averages, suggesting that bears are attempting to resume the downtrend. The number of Bitcoin whales holding at least 1,000 BTC has been rising for the past few months, according to a report by Glassnode. The report also highlights that the accumulation continued during the recent […]
Continue ReadingThe price of Ripple’s XRP token is testing new multi-year lows as correlation with Bitcoin may be becoming inversely correlated. While Bitcoin (BTC) is currently showing weakness with the recent retracement from $7,500 to $6,900, XRP price is remaining relatively stable as the XRP/BTC pair is stabilizing. But it’s not only the price of XRP […]
Continue ReadingIn response to the coronavirus pandemic, the IRS is taking some important measures but taxpayers could be under threat. The United States Internal Revenue Service delayed tax day this year from April 15 to July 15, and perhaps that means many Americans aren’t thinking about taxes during this very strange time. Indeed, they seem understandably […]
Continue ReadingAlgorithmic trading strategies use data, statistics and code to automate the process of buying and selling — and this can lead to serious benefits for traders who implement them. Where can I begin algorithmic trading with cryptocurrency? There are many websites that offer a variety of trading algorithms, which you can then connect to the […]
Continue ReadingInterchain decentralized data hosting project Bluzelle announced the launch of its mainnet which aims to combine the advantages of edge computing with DLT. Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT). According to an announcement shared […]
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