Cryptocurrency

How does risk and reward work in cryptocurrency? - Coin Rivet How does risk and reward work in cryptocurrency? - Coin Rivet Posted: 31 Jan 2020 10:22 AM PST Regardless of the type of investment, there will always be some risk involved. Otherwise, it would be hard to get a hefty reward, right? Today I aim at looking at strategies, issues and solutions to some risk/reward conundrums. Understanding the relationship between risk and reward is a crucial piece in building your investment philosophy. Investments—such as flipping cryptocurrencies, staking or mining—each have their own risk profile. Understanding the differences can help you more effectively diversify and protect your investment portfolio. As I said so many times before, diversifying is key to spreading your risk. Without the right strategy for diversification and understanding what types of risks are there, associated to each type of investment, you're likely to lose ROI. He...

FortuneJack Review 2020: Bitcoin Casino - Is it Legit? - Pros & Cons - Blockonomi FortuneJack Review 2020: Bitcoin Casino - Is it Legit? - Pros & Cons - Blockonomi Posted: 30 Jan 2020 10:51 PM PST FortuneJack Casino was first set up in 2014 and it is now a platform that supports casino games, live dealer games and sports betting. It is under the ownership of the Nexus Group Enterprises Casinos. The founders of this offering have more than two decades of experience in the igaming space. Their goal was to put together an offering that brings all of their leanings together in addition to the most enjoyable aspects of the space under one roof. There are many unique aspects to this offering, with FortuneJack Casino also offering binary options trading on top of its traditional gambling offerings. There is also a cryptocurrency price betting system in place called AnyBet. As well as these innovative aspects, there are also leading casin...

Bitcoin (BTC) is currently trading at around $9,300 following an 8% increase in price since Monday. Even though Bitcoin hasn’t been able to break the $10,000 level, the overall panorama is looking quite bullish. Bitcoin now seems to be consolidating above $9,200 and will likely face new resistance just below $10,300. Let’s take a look at Bitcoin’s chart, courtesy of TradingView. Bitcoin has been climbing upwards since the start of the new year, breaking through all its EMAs over the past few weeks after a major rally that took the digital asset from just below $7,000 to over $9,000. Since the start of the year, BTC has grown about 37% in the space of 30 days. However, price needs to continue picking up steam if the hangover from the second half of 2019 is to completely turn around. In addition, Bitcoin’s volume must continue to grow. At the time of writing, it is showing signs of having fully recovered and is now between 50-60% higher than last month – around $32 billion...

Those of you seeking yet another angle on consuming the latest and greatest crypto news should know about The Bad Crypto Podcast. This week’s episode starts with the good news that Bitcoin is on the rise, touches on Justin Sun’s harassment suit, and even takes a moment to acknowledge Peter Schiff’s remarkable public Bitcoin mistakes. There’s even a full serving of commentary on the fact that PornHub has added new payment support for the Tether stablecoin. No stone is left unturned in the effort to make cryptocurrency and blockchain current events more accessible and relevant to those watching the technology. Check out the latest episode below:    

Largest Japanese Consulting Firm to Launch New Cryptocurrency Index - Cointelegraph Largest Japanese Consulting Firm to Launch New Cryptocurrency Index - Cointelegraph Posted: 29 Jan 2020 04:19 AM PST Leading Japanese consulting firm Nomura Research Institute (NRI) partnered with cryptocurrency investment solution provider Intelligence Unit (IU) to launch a tradable cryptocurrency index. According to a press release published on Jan. 29, the new index's name is NRI/IU Crypto-Asset Index and it is meant for use by financial institutions. The index also draws data from crypto index platform MVIS and major cryptocurrency data platform CryptoCompare. The dedicated website explains that the index is meant to cover global crypto markets in U.S. dollars and Japanese yen by tracking the largest cryptocurrencies. The index was designed for Japanese institutional investors with consideration for local availability and custody solutions. A tr...

Cryptocurrency Market Update: Crypto sell-off returns as Bitcoin dives under $8,500 - FXStreet Cryptocurrency Market Update: Crypto sell-off returns as Bitcoin dives under $8,500 - FXStreet Posted: 22 Jan 2020 11:30 PM PST NEM spiked 20% higher on Wednesday, riding on partnership news with Travala. A Bitcoin ETC is possible in the next 12-18 months if Grayscale submits a proposal. The cryptocurrency market is back in the red, erasing the shallow gains posted on Wednesday. All the major digital assets are struggling with losses between 1% and 6%. The most affected cryptoassets are IOTA, Ethereum Classic and Bitcoin gold, having shed off 5.5.65, $5.74 and 4.66% in that order. NEM surges massively after partnership news Interestingly, NEM (XEM) is in the green after the price corrected higher 8% in the last 24 hours. NEM soared 20% on Wednesday following news that the network had struck a partnership with a popular online-based travel ...

Ethereum has seen some incredibly strong price action over the past several days and weeks, with ETH’s massive 2020 rally coming against the backdrop of immense bullishness within the aggregated cryptocurrency markets. Ethereum’s bulls have even been able to maintain its newfound position within the $180, in spite of the drop seen today by Bitcoin and other cryptocurrencies. Analysts are now noting that the macro situation for Ethereum is becoming incredibly bullish, and that the rally seen over the past few weeks could mark the start of its journey to fresh all-time highs. Ethereum Holds Above $180 as Analysts Eye Significant Near-Term Upside At the time of writing, Ethereum is trading down just over 2% at its current price of $180.50, and it is currently trading down from 24-hour highs of just under $186 that were set earlier this week. It is important to note that the cryptocurrency has been able to bounce from daily lows of $176 that were set in tandem with Bitcoin’s drop to lows ...

There’s no doubt XRP saw poor performance in 2019. During that year, the price of the asset against the U.S. dollar fell by 50%, managing to underperform a swath of traditional asset classes, from stocks and bonds to precious metals and commodities. Because Bitcoin saw a strong 2019, rallying by over 90%, the XRP/BTC pair fell dramatically, even more so than the altcoin’s pair against the dollar and other fiat currencies. One XRP, in fact, is now valued at under 3,000 satoshis — far below all-time highs. But, a number of analysts recently explained in charts that the cryptocurrency may soon mount a strong comeback against the market leader. XRP Against Bitcoin Pair May Soon Burst Higher Prominent cryptocurrency trader TraderXO recently noted that the past year of performance for XRP against BTC has been trading in a manner similar to a chart pattern or schematic described by legendary chartist Richard Wyckoff. The schematic is the Wyckoff Accumulation pattern. It is marked by a steep ...