In the last days, the 24-hour trading volume for Bitcoin has taken a plunge considerably from $5 billion to the current $3.7 billion. The volume is steadily decreasing and heading towards the yearly low. The dropping volume for BTC is becoming a concern for the short-term market.
Ethereum is hovering around $203 handle amid quiet Asian trading; however, the overall momentum seems to be getting bearish as the second largest coin by market value has lost over 2% in recent 24 hours, while its market capitalization slipped to $20.8B.
NEO Global Development (NGD) announced that it had entered into a partnership with Arqit. The firm is a non-profit organization that is concentrating on a quantum resistance project. The partnership will help both organizations to explore the field of quantum resistance in a bid to improve development in the blockchain industry.
It is only a day after Monero developers executed a hard fork upgrade on Monero blockchain. The network has introduced the ‘bulletproofs’ tech that is designed to cut the size of private transactions. Monero becomes the first crypto project to integrate this technology.
Best brokers to trade crypto
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
Factors to consider when choosing a cryptocurrency exchange The boom of cryptocurrencies resulted in a boom of crypto exchanges. If you search Google for the term, you may drown in offers, and the possibilities seem endless. So how do you find the perfect match? When choosing a crypto-exchange, there are many factors to consider, factors that will help you narrow down the options and find the best one.
16 min Beginners Beginners
Best exchanges to buy/Trade cryptos
|Bitpanda||25 EUR||Buy & sell BTC ETH DASH LTC BCH XRP||Open Account||Read complete Report|
|Binance||...||100 USD||Exchange the world with Binance||Open Account||Read complete Report|
|Changelly||...||20 USD||Exchange cryptos at the best rate||Open Account||Read complete Report|
|Cex IO||...||0.01 BTC||Bitcoin Exchange you can trust||Open Account||Read complete Report|
|Bitmex||...||0.0001 BTC||Access Global Markets only using Bitcoin||Open Account||Read complete Report|
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 or Litecoin, 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.