The cryptocurrency market is known for its volatility, and at times, it experiences what is commonly referred to as a “dip.” A dip in cryptocurrency occurs when there is a significant decrease in the prices of various cryptocurrencies. Dips can be caused by various factors, including market speculation, regulatory changes, economic events, or even negative…
NFT, short for Non-Fungible Token, is a type of digital asset that represents ownership or proof of authenticity of a unique piece of content, such as artwork, music, or virtual items. Unlike cryptocurrencies like Bitcoin, which are interchangeable, each NFT is distinct and cannot be exchanged on a one-to-one basis. NFTs use blockchain technology, which…
Bitcoin, created in 2009, was the first and remains the most well-known cryptocurrency. Since Bitcoin’s introduction, thousands of other cryptocurrencies, commonly referred to as altcoins, have been created, each with its own unique features, purposes, and use cases. What Are Cryptocurrencies Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on…
Silicon Valley Bank, one of the largest banks in the United States that serves tech startups and venture capital firms, received a $100 million rescue package from the Federal Reserve in March 2023 to weather the economic fallout from the COVID-19 pandemic. While the impact of the rescue on the broader economy is debatable, it…
Cheap cryptocurrency markets are places where the price of cryptocurrencies is lower compared to other exchanges. This can happen because there is not much trading going on, not enough demand or fewer features on the platform. Some people look for these markets to find potential good deals, but it’s important to remember that low prices…
Cryptocurrencies are popular in the financial market. Over the years, their prices have risen and fallen dramatically, leading to a lot of speculation on what is driving these changes. Understanding the factors that affect crypto prices can be challenging for those who are unfamiliar with the digital currency market. In this article, we will explore…
Scalp trading is a short-term trading strategy that involves buying and selling cryptocurrencies multiple times throughout the day. The goal of scalp trading is to make small profits on each trade, but with a high frequency of trades, these profits can quickly add up. Scalp traders typically use technical analysis to identify short-term trends in…
trade crypto for cedis in 2023: The crypto world has morphed into different phases of development in the past few years which gave rise to a wide range of crypto adoption. These heightened levels of acceptance have also given rise to several platforms that assist traders with getting their trades right. Some are great, and…
Bitcoin Evolution in Nigeria: The evolution and future of Bitcoin in Nigeria date back almost as early as the inception of Bitcoin itself. Since its first use in 2019, bitcoin grew in market dominance, market cap, and popularity. According to Google Trends, Nigeria has the highest number of Google search queries related to Bitcoin and…
Best Bitcoin to Naira Calculator: Bitcoin, the world’s first decentralized cryptocurrency, has grown in popularity over the years. It was created in 2009 by someone or a group using the pseudonym – Satoshi Nakamoto. Since then, Bitcoin has seen significant price fluctuations, reaching an all-time high of almost $65,000 in April 2021. However, it has…