You want to open a crypto exchange account. After some googles, you notice that Binance is pretty good (In fact, Binance is the biggest crypto exchange in the world by trading volume), and wonder if you should just buy-and-hold bitcoin.
Tether is the most valuable stablecoin by market value. It is a leading household name in the fast-changing crypto market.
Despite the recent consolidation in crypto assets, a top crypto strategist trader, Tyler Swope has tipped some pretty unknown crypto assets of likely doing very well, amid the recent price correction that seems to be pausing the bullish momentum.
The seventh most valuable crypto asset by market capitalization, XRP recently unlocked 1 billion XRP worth about $415 million, from an escrow account.
Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.
The Central Bank of Nigeria has acknowledged Vice-President Yemi Osinbajo’s counsel on the regulation of digital currencies, which has sparked controversy among Nigerians.
The bearish grip in the crypto market has led to heavy losses of crypto investors’ funds at the wrong side of the current trade, as roughly $120 billion worth of crypto assets evaporated into thin air within a day.
The crypto market recently lost much of its weekend’s stellar gains, as significant selling pressure pushed the value of crypto assets lower across the market spectrum, amid record sell-offs and sudden panic among retail and institutional traders.
Bill Gates, popular tech billionaire and founder of the world’s most valuable software maker, Microsoft, recently revealed he is open-minded towards the world’s most popular crypto asset but does support the digitalization of fiat currencies as it would drive down the operational costs of managing paper money.