Cryptocurrency Analysis and News Portal
Sara Gherghelas, a blockchain analyst at DappRadar, told CryptoX that the number of NFT sales appears to be on track to reach or surpass last month's numbers, as opposed to trading volume, which is significantly lagging behind last month's count. In her view, this could signal that there are more
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A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current enforcement-centric approach would take 400 years to go through all the crypto tokens that are allegedly
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Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the last three months. The report identifies and determines key factors contributing to the well-documented NFT bear market, including Ethereum-based volume and transactional
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Dogecoin, the largest meme-coin by market capitalisation has bled for close to a week now. Prices of the coin have looked bearish in the last 24 hours and continued to look negative at press time. In the past week, Dogecoin lost 4.9% because of falling buying strength. The bulls have stayed
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Whether you consider cryptocurrency trading as art, science or a game of skill, one thing is beyond dispute: Those who excel at it are not the traders who maintain the longest series of lucky one-offs but those who establish sustainable trading processes yielding consistent returns.Ask a sample of seasoned pros
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If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend.In the long run, however, most of these “fortuitous” traders tend to lose.Why? Because they have
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