Tag: cryptocurrency

Five Things to Know in Crypto This Week: BTC, Coinbase, and the SEC

Posted on 23 December 2023 | By Cryptoors | No comments

The SEC vs. Ripple case entered its third year, with Coinbase also in the courts. Progress toward a crypto-spot ETF market contributed to BTC gains this week. Key Insights: The crypto market is on course for a ninth weekly gain in ten weeks. BTC-spot ETF-related updates supported a BTC return to $44,000. Coinbase outmuscled the crypto market, rallying 18.65%. Crypto Market Is on Course for a Ninth Weekly Gain in Ten Weeks The total crypto market cap was up 5.76% ($87.86 billion) to $1,613 billion in the current week, ending December 24, 2023. Ongoing progress toward a BTC-spot ETF market drove buyer demand for BTC and the broader market. Significantly, the crypto market is on course for a ninth weekly gain in ten weeks. The crypto market is up 16% for December and set for a four-month winning streak. Clickable Box Sol Swap SLP ICO is live BUY This 1000x Coin Buy SLP Now / Coinbase (COIN) Surges 18.65% in the Week Ending December 22 On Friday, December 22, 2023, Coinbase (COIN) shares rallied 4.43%. The positive Friday session delivered a gain of 18.65% for the week ending December 22, 2023. Significantly, France approved Coinbase as a registered VASP, enabling Coinbase to offer its full suite of services to users in France. Progress on expansion plans beyond the US and Binance’s legal woes contributed to the recent gains. Significantly, the gains came despite the ongoing SEC v Coinbase case. There have been no case-related updates for investors to consider in recent weeks. Investors must wait for a court hearing on January 17, 2024. The SEC and Coinbase will deliver oral arguments on the Coinbase motion to dismiss (MTD). Coinbase filed the MTD in August 2023, arguing the SEC lacks the statutory authority to regulate crypto exchanges. If Judge Katherine Failla grants the MTD, the US crypto market could experience the end of the SEC’s regulation by enforcement. SEC Chair Gary Gensler Retargeted Cryptos with the Fraudster Badge SEC Chair Gensler delivered a holiday cheer message to the crypto market on Thursday. Gensler shared a December 14 speech that talked about noncompliance with securities laws. Gensler also highlighted the level of fraud and the number of bad actors in the crypto space. Calling the crypto market the Wild West, he also said that bad actors exist globally. The timing of the post was poignant. Chief Legal Officer Stuart Alderoty celebrated the third birthday of the SEC vs. Ripple case, saying, So let me get this straight. Government lawyers lie to the Court to gain an unfair advantage in litigation and the SEC’s answer is to say that going forward those lawyers will now be taught to be honest when saying things to Judges. Gensler’s SEC has become a travesty. On Friday, the SEC filed a response to an SEC vs. Debt Box court order. The presiding Judge ordered the SEC to argue why the court should not reprimand SEC lawyers for making false and misleading statements in the SEC vs. Debt Box case.

How to trade Long And Short – Earn $1000 per day with crypto

Posted on 18 December 2023 | By Cryptoors | 2 Comments

In the crypto market, making profitable investments can feel like navigating through a fog. Many investment strategies rush head-on into volatility, bringing you significant risk. But one popular approach to investing safely is the long/short trading strategy. By taking advantage of bullish and bearish market conditions, this strategy is immune to market direction. But what is this strategy and why is it gaining popularity? What is Long/Short in Trading? In trading, long and short refer to a trader’s position in an asset or security. Long means the trader has bought an asset, expecting a rise in its price. If the asset’s price does increase, the trader can sell it at a profit. On the other hand, a “short” position means that a trader has sold an asset, expecting the price to fall. If its price does decrease, the trader can buy back at a lower price, making a profit. This is a popular investment strategy used by hedge funds. In a long-short equity hedge fund, the fund manager simultaneously buys long positions in some stocks and short positions in others. The goal of a long short fund is to generate profits regardless of whether the overall market is trending up or down. Read more: Cryptocurrency trading Clickable Box Sol Swap SLP ICO is live BUY This 1000x Coin Buy SLP Now / What is Long and Short in Crypto Trading? In crypto trading strategies, long and short positions are used in the same context as traditional markets. You long an asset when you expect the price to rise, and short when the price may go down. But there are some crucial differences in how this process is implemented. Firstly, the crypto market is much more volatile than the stock markets. This means your potential gains and losses from longs and shorts are much higher when trading crypto. Second, there are no brokers in the crypto ecosystem. This requires exchanges to provide other methods for shorting. Long VS Short Trading As mentioned above, choosing between long and short trades depends on the asset you are considering. If you believe your token of choice is going to go up, you can buy it and hold it. Otherwise, if its position in the market seems too high, you can short it. Choosing a long-short strategy is based on reducing risk and the impact of overall market movements. If you isolate your portfolio against market trends, your profits are based purely on relative performance. Join our Cryptoors Army Make 100x How To Long and Short Crypto? Longing crypto requires you to buy tokens from any exchange. On a centralized exchange, this means creating an account with the provider and adding funds. But decentralized exchanges need you to create and connect a crypto wallet with the platform. There are two ways to borrow tokens for short positions. On a centralized exchange, this provision is provided directly by the platform. However, decentralized exchanges do not have any service providers. Instead, tokens can be borrowed using liquidity pools or other DeFi applications. What are Some Crypto Long Short Trading Strategies? Here are some popular crypto long-short trading strategies. Market-neutral strategy: In this strategy, you take both long and short positions in similar crypto tokens or indexes. The idea is to eliminate the impact of the overall market on your portfolio and rely on the relative performance of assets. Pair trading strategy: In this strategy, you select two correlated tokens and take a long position in one and a short position in the other. The aim is to profit from the price difference between the two. Event-driven strategy: This strategy involves taking long and short positions based on specific events that are likely to impact the market. This includes regulatory changes, hard forks, or other major news. Trend-following strategy: In this strategy, you take long and short positions based on the direction of the trend. For example, if the market is in an uptrend, you take long positions, and if it’s in a downtrend, you take short positions. Long and Short Crypto Example Here’s an example of how a long/short strategy might work: Let’s say you are a crypto fund manager. You believe that ETH will rise in the coming months, while the BTC price will fall. You will choose to purchase long positions in ETH and short positions in BTC. If your predictions are correct and the ETH price rises and the BTC stock price falls, the fund will generate profits in both positions. The long/short strategy allows you to take advantage of both bullish and bearish market conditions. Additionally, this strategy allows you to manage risk by hedging your positions. For example, if the overall market experiences a downturn, your short positions may offset losses in the long positions. Read more: how to make 100x profit with shit coins Conclusion While there are many different hedge fund strategies you can use, the crypto long-short strategy is one of the simplest and most effective. It involves analysing crypto projects and determining whether to take long or short positions in them. If you want to eliminate the impact of the overall market, this strategy can be good for you. However, you must ensure that you do extensive research before trading/investing in the crypto markets. Join our Cryptoors Army Make 100x

The Rise Of Cryptocurrency Market

Posted on 13 December 2023 | By Cryptoors | No comments

In recent years, the cryptocurrency market, a digital or virtual currency space secured by cryptography, has experienced substantial growth, driven by several key factors. One defining characteristic of the cryptocurrency market is its decentralization. Unlike traditional financial systems, there is no single governing body or organization overseeing it. Instead, it operates on a blockchain, a transparent public ledger recording all transactions. The inaugural cryptocurrency, Bitcoin, emerged in 2009, created by an individual or group using the pseudonym Satoshi Nakamoto. Since Bitcoin’s inception, numerous other cryptocurrencies have been introduced, each with varying degrees of success. Bitcoin, as the first and most prominent cryptocurrency, has witnessed a remarkable surge in value and widespread acceptance. Starting at less than a penny in 2009, its value soared to nearly $20,000 by December 2017, capturing the attention of both individual and institutional investors. This growing acceptance has transformed the perception of cryptocurrency from a speculative venture to a legitimate investment. Consequently, financial products such as futures and exchange-traded funds (ETFs) have emerged, enabling investors to participate in the cryptocurrency market without direct ownership. The impact of the cryptocurrency market extends beyond investments, challenging traditional financial institutions like banks and payment processors. Cryptocurrencies offer a decentralized and secure alternative for peer-to-peer transactions, reducing reliance on intermediaries such as banks. Bitcoin wallets, software programs facilitating the storage and transfer of Bitcoin, play a crucial role in this process by managing private keys required for transactions. Clickable Box Sol Swap SLP ICO is live BUY This 1000x Coin Buy SLP Now / Blockchain technology, the foundation of cryptocurrencies, has the potential to revolutionize various industries beyond finance, including supply chain management and voting systems. In e-commerce, the cryptocurrency market introduces a secure and decentralized payment method. Businesses can leverage cryptocurrencies to evade high fees and chargebacks associated with conventional payment methods. Stablecoins, pegged to fiat currencies, mitigate the volatility typically associated with cryptocurrencies, making them a viable option for e-commerce transactions. The gaming industry has embraced cryptocurrency, allowing players to use virtual currencies for in-game purchases. Blockchain technology facilitates transparent and decentralized gaming platforms, with non-fungible tokens (NFTs) representing unique digital assets. Social media platforms, influenced by the rise of cryptocurrency, enable users to earn digital currency by creating and curating content. Some platforms also accept cryptocurrency as payment for services, opening new revenue streams for businesses. Despite these advancements, cryptocurrency faces challenges. Regulatory oversight is limited, raising concerns about fraud and illicit activities. Widespread acceptance as a form of payment remains a hurdle, hindering daily use. Additionally, scalability issues with blockchain technology lead to transaction delays and increased costs. Since Bitcoin’s introduction in 2009, cryptocurrency has made significant strides, gaining value and acceptance. However, addressing challenges is crucial for its continued evolution and realization of its full potential in reshaping traditional financial systems. The ongoing development of cryptocurrency promises an intriguing trajectory in the years ahead.

The dark side of cryptocurrency: uncovering the risks and dangers of the cryptocurrency world

Posted on 12 December 2023 | By Cryptoors | No comments

While cryptocurrency has gained popularity for its potential benefits, it is crucial to acknowledge the dark side and the associated risks and dangers in the cryptocurrency world. Here are some key aspects to consider: The dark side of cryptocurrency: uncovering the risks and dangers of the cryptocurrency world Volatility: Cryptocurrency markets are highly volatile. Prices can experience significant fluctuations within short periods, leading to substantial financial losses for investors. Lack of Regulation: The decentralized nature of many cryptocurrencies means there is often limited or no regulatory oversight. This lack of regulation can attract fraud, scams, and market manipulation. Security Concerns: Cryptocurrency exchanges and wallets are susceptible to hacking. Several high-profile security breaches have occurred, resulting in the theft of millions of dollars’ worth of cryptocurrencies. Fraud and Scams: The anonymity and irreversibility of cryptocurrency transactions make them attractive for fraudsters. Ponzi schemes, fake initial coin offerings (ICOs), and other scams are prevalent in the crypto space. Clickable Box Sol Swap SLP ICO is live BUY This 1000x Coin Buy SLP Now / Market Manipulation: The relatively small market capitalization of many cryptocurrencies makes them susceptible to price manipulation. Pump-and-dump schemes, where the price of a cryptocurrency is artificially inflated and then sold off, are common. Regulatory Risks: Governments worldwide are grappling with how to regulate cryptocurrencies. Sudden changes in regulations or government crackdowns can have a significant impact on the value and legality of cryptocurrencies. Anonymity and Illicit Activities: Cryptocurrencies offer a degree of anonymity, making them attractive for illegal activities such as money laundering, tax evasion, and the purchase of illegal goods and services on the dark web. Technology Risks: Cryptocurrencies rely on complex technology, including blockchain networks. Technical vulnerabilities, coding errors, or flaws in the underlying technology can lead to security breaches or malfunctions. Lost Access to Funds: Users can lose access to their cryptocurrency holdings if they forget passwords, lose private keys, or experience technical issues with their wallets. Unlike traditional banks, there is often no recourse for recovering lost funds. Environmental Impact: The energy consumption of certain proof-of-work cryptocurrencies, like Bitcoin, has raised environmental concerns. The mining process requires significant computational power, contributing to carbon emissions and energy consumption. It is essential for anyone considering involvement in the cryptocurrency market to thoroughly research and understand the associated risks. Due diligence, cautious investing, and staying informed about regulatory developments are crucial for navigating the dark side of the cryptocurrency world.

Cryptoors News: $14B Banking Firm Starts First Crypto Fund in Spain

Posted on 27 July 2023 | By Cryptoors | No comments

A Spain-based banking entity focused on private banking, launched the first crypto fund under Spanish jurisprudence. The firm, with €12.4 billion ($14 billion) in assets under management as of the end of 2022, launched a hedge fund that will be accessible to professional investors, A&G said in a statement released on Monday. The fund managed by A&G will have CACEIS, the asset servicing banking group of Crédit Agricole and Santander, as depositary, while it will be audited by PwC. Checkout our Presale page the next 100x coin “We consider it an optimal solution for any European professional investor who wants to approach the world of cryptocurrencies, without forgetting that it is a very high risk fund,” Diego Fernandez Elices, chief investment officer at A&G, said in a statement. In 2022, the Bank of Spain started issuing licenses for providers of services for the exchange of virtual currency for fiat currency and the custody of digital wallets, to which companies such as Bit2Me, Bitstamp, BVNK, Crypto.com and Ripio acceded.

How to make 100x on your cryptocurrency investments tips and tricks

Posted on 26 July 2023 | By Cryptoors | No comments

Investing in crypto asset class has emerged as a promising avenue for investment. However, venturing into the volatile crypto market demands careful consideration and strategic planning. By defining a clear investment strategy and adhering to it, investors can navigate the market complexities without being overly concerned about day-to-day volatility. In this article, we present valuable tips to help you maximize returns on your crypto investments in a safe and effective manner, structured under three main heads: investing, holding, and safeguarding. Here is the tips and tricks how to make 100x on your crypto investments Investing In Crypto: a. Set Clear Investment Goals: Establishing precise investment goals is crucial for success. Consider your risk tolerance, investment horizon, and desired returns. Crypto investments often yield fruitful results over the long term, so align your strategy accordingly. Setting realistic goals and periodically reviewing them will help you stay focused and unlock value over time. Find next 100x coin buy in ico ido and presale b. Embrace Diversification: Diversification across various asset classes is a key principle of successful investing to minimize risk. Given the volatility of cryptocurrencies, it is advisable to allocate only a minimal share of your overall wealth portfolio to them (approximately 2-5 per cent). Within the crypto space, prioritize blue-chip assets like Bitcoin and Ethereum, as they tend to offer favorable returns with lower risk over longer timeframes. c. Conduct Thorough Research: Before investing in any crypto asset, dedicate time to analyze the project’s fundamentals, scalability, technological innovations, development team, market demand, and competitive landscape. Thoroughly investigate whitepapers, engage with online communities, and stay informed about the latest news and updates in the crypto world. d. Cost Average Your Buys: Timing the market is challenging, even for seasoned investors. Cost averaging, achieved by making regular investments at predefined intervals, provides peace of mind and helps mitigate the impact of short-term price fluctuations. This approach is especially relevant in 2023. Clickable Box Sol Swap SLP ICO is live BUY This 1000x Coin Buy SLP Now / Hold Patiently: a. Play the Waiting Game, Emotionally: Building a diversified crypto portfolio takes time, and it can be emotionally taxing. Avoid acting hastily and refrain from checking your portfolio frequently. Remember, this is a multi-year effort, and patience is key to long-term success. b. Take Some Profits at Targets: Assign target prices to each of your investments and do not hesitate to take profits once those targets are reached. This strategy helps secure gains, even in a volatile market. c. Switch to a Long-Term Investing and Wealth Creation Mindset: Frequent trading is not beneficial from a tax perspective, especially given the 1 per cent TDS on sales in India. Stay committed to your portfolio and adopt a long-term mindset for sustainable wealth creation. Safeguarding Investments: a. Trade in Recognized Indian Exchanges: To comply with the Indian government’s requirements for KYC (Know Your Customer) and TDS (Tax Deducted at Source) deduction, it is advisable to conduct all your trades on Indian exchanges that adhere to these regulations. This approach also simplifies tracking your investments and calculating tax liabilities when you decide to take profits. b. Get Custody of Your Funds or Use Recognized Indian Exchanges: While crypto allows you to hold your funds in a personal hardware wallet that is independent of third parties, you may find it convenient to store your assets on Indian exchanges with sufficient insurance coverage for user funds. c. Be Vigilant About Scams: Exercise caution and be wary of deals that seem too good to be true. Safeguard your OTP mechanisms and protect your profiles. Be cautious about granting permissions for your wallets, especially when interacting with DeFi (Decentralized Finance) protocols. Scams are prevalent, and being vigilant can safeguard your hard-earned gains. In conclusion, maximizing returns on crypto investments necessitates a comprehensive approach to personal finance and investment planning. By adhering to these key principles, individuals can optimize their investment strategies and mitigate risks in the dynamic world of cryptocurrencies.