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How to Predict Crypto Price Trends, Explained

Ever wonder how traders have a sixth sense about where crypto prices are heading? Well, a lot of it depends on charts. Discover their secrets here. Are there any tools that make analyzing market movements simpler?If staring at charts all day isn’t your scene, there are alternatives. As we mentioned earlier, our regular price analysis feature prepares charts for you and provides written context about what might have caused these movements. Of course, data can be interpreted in different ways, and no two analysts are the same, meaning each will pick up on trends based on their own research. Therefore, it’s a good idea to stay plugged into as much crypto news as possible to guarantee that you’re getting the bigger picture. Charts and articles can also make it difficult to see what’s happening across the whole crypto market at a glance. Websites like Coin360 help to visualize where the industry is right now in a simple and accessible way. The size of a cryptocurrency on Coin360 offers an ..

How Supply Affects Crypto’s Value, Explained

Debate has been raging on whether cryptocurrencies with a fixed supply are good or bad. Do they increase prices and demand, or stymy spending? So is crypto actually a currency?This is open to interpretation. While some crypto startups have sought to ensure that their tokens can be used to buy something specific — whether its collectible cats or stocks — others are creating assets with a deliberately limited supply to help crypto users store value and see it appreciate over time. One example is Bitcoin Rhodium. Its commodity, XRC, has a total supply of 2.1 million tokens coded in the blockchain. Named after a rare precious metal, the new crypto asset argues that other solutions were not a tempting proposition for investors seeking a long-term investment in crypto securities. It describes itself as the final part of the “Crypto Trinity” — along with Bitcoin and Litecoin — which is designed to appeal to a broad spectrum of investors, many of whom have different needs and interests. As we..

What Is an STO, Explained

A closer look at STOs and how the process compares to the more familiar ICO and IPO. What is an STO?STO stands for security token offering. Similar to an initial coin offering (ICO), an investor is issued with a crypto coin or token representing their investment. But unlike an ICO, a security token represents an investment contract into an underlying investment asset, such as stocks, bonds, funds and real estate investment trusts (REIT). A security can be defined as a “fungible, negotiable financial instrument that holds some type of monetary value,” i.e., an investment product that is backed by a real-world asset such as a company or property. A security token, therefore, represents the ownership information of the investment product, recorded on a blockchain. When you invest in traditional stocks, for example, ownership information is written on a document and issued as a digital certificate (e.g. a PDF). For STOs, it’s the same process, but recorded on a blockchain and issued as a ..

Obscure Problems Crypto Users Can Face, Explained

Even for experienced crypto users, unexpected problems can arise that seem impossible to solve. Here, we look at the solutions you need to get things sorted. I sent a transaction with a tiny fee! What do I do?Relax. You have options. For fear of sounding like a broken record, you can wait. In some cases, you might get lucky and see your low-fee transaction go through when there is a lull in the network. Worse comes to worst, the transaction will be forgotten — meaning you can attempt it once again with a higher fee to ensure it doesn’t get stuck, as the funds will remain at the address where you tried to send it from in the first instance. Platforms such as Changelly are aiming to remedy this type of mistake by informing users if the crypto funds they are sending are too small to cover the transaction fees that will be incurred. The exchange tells users about the minimum amounts that can be sent, and this is factored into the transaction fees it charges. Along with this safeguard, the..

Augur’s 50% Price Surge EXPLAINED: Why Augur [REP] Price Spiked Yesterday

Yesterday January 16, the price of Augur’s reputation tokens REP surged dramatically against the trend in the crypto market. According to data from CoinmarketCap, Augur [REP] traded as high as $16.33 which represents an increase of at least 38 percent in less than 24 hours. The run continued in the early hours of today as it added another 10 percent or so growth raising questions of what triggered the sudden spike. The recent jump in REP price can be attributed to the launch of Veil Platform on the Augur network. The Veil platform is expected to address several concerns of the Augur market which itself attracted notable furore that have now waned. The volume of transactions involving Augur [REP] jumped from about one thousand at the start of the week to almost 50 thousand by yesterday. The Veil Platform In a blog post announcing its launch, Veil was described as Veil was described as “a peer-to-peer prediction market and derivatives platform built on top of Augur, 0x, and Ethereum...

The Biggest Rises and Falls of Bitcoin, Explained

There have been rises of 1,950 percent in a year, and falls of 50 percent in a day. Here’s a look at the turbulent history of cryptocurrency. November 2018What is it about Novembers? Over the course of 2018, Bitcoin has had an annus horribilis — with prices tumbling by more than 83 percent when compared to the all-time high of $19,783. This is worse than the Nasdaq’s plunge when the dot-com bubble burst in the U.S. — and it has also delivered catastrophic consequences for many other digital currencies, which have now been rendered worthless. This is because the fate of many coins, and indeed other cryptocurrencies, is tied to blockchain in some way or another. Just take a look at Ethereum as a case in point, which has tumbled from $1,400 toward the start of 2018 to about $110 at the time of writing. To get an idea of the enormity of this drop, Bitcoin hadn’t dipped below $4,000 since September 2017 before November’s bloodbath began. In the space of a week, Bitcoin Cash plummeted more..

How Crypto Incentives Work, Explained

Crypto platforms are taking innovative approaches when it comes to incentivization, but what does it mean for miners and the people who use these services? Where do loyalty programs fit in?This marketing tool has been suffering issues for years. In the non-crypto world, consumers are overwhelmed by the number of schemes offered by retailers and are disappointed by the rewards. Blockchain projects are hoping to inject some innovation into this sector by offering schemes which are meaningful to shoppers. The startup behind Elipay — Eligma — says its approach involves a universal loyalty scheme. Instead of carrying around a wallet full of cash and credit cards, consumers will be able to shop and receive rewards from a plethora of merchants in one place. The tokens that customers earn can then be used for further shopping or for receiving the benefit of discounts on goods and services. This also has the potential to deliver a boost to merchants who have been struggling to compete with on..

Trading Bots vs Humans, Explained

Who’s better at turning a profit in the dynamic crypto world – a human or a bot? Several factors can determine whether traders or technology have the upper hand. What should I do to get the most out of my crypto bot?As we’ve mentioned, doing your homework and backtesting strategies can be a helpful indication of whether certain trades will succeed or fail. That said, it’s worth remembering that past performance isn’t always an accurate reflection of what will happen in the future. It’s always worth keeping an open mind about the coins you invest in, and keeping track of the latest developments in the market. That’s something Cointelegraph’s comprehensive price analysis – published on a regular basis – can help you with. Finally, remember that it’s crucial to check out the performance reports of analysts before you take the plunge and follow their recommendations. Reputable experts will always provide thorough details of their past results, as well as how they are performing currently...

Imaginative Ways to Buy Crypto, Explained

Hundreds of ways of buying crypto have emerged in recent years – and in some cases, you can get your hands on Bitcoin without parting with cash. Are there any methods which don’t come recommended?Cash in the mail is ill advised for buying crypto unless you’re only dealing in small amounts. There’s always the risk of it being lost or even stolen – and the people who are selling you crypto might not be all they are cracked up to be. Generally, people who send cash in the mail are motivated by the prospect of greater levels of anonymity – and the ability to receive funds without having to go through ID checks. Whatever the method, always check to see if there is an escrow service, as these can offer protections for buyers and sellers alike. Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and car..

Choosing the Most Secure Crypto Exchange, Explained

There have been many devastating exchange hacks, with billions of dollars lost. But security flaws remain – meaning it pays to be picky choosing a platform. How can I be sure an exchange is telling the truth?Actions matter more than words – so take a look at what they have been doing to protect themselves from hacks and keep their platforms secure. Investment in fraud analytics matters. When exchanges spend money on trying to ensure their systems are robust, it helps to protect you: the user. Many platforms regularly submit themselves to security audits by independent parties, who then publish their findings and disclose the vulnerabilities they have found. Reputable exchanges will publish the outcome of these audits in full – enabling you to see for yourself their strengths and weaknesses, and the steps they have taken to resolve things. You should also see whether or not the exchange you’re interested in participates in bug bounty programs. Put simply, this is where a platform offer..
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