ALTCOIN

What is Dollar-cost Averaging?

[ad_1] Reading Time: 2 minutes Dollar-cost averaging is the best wavy for amateur investors to re-enter a market It is a simple process that all but eliminates risk of missing a move It is the inverse of staggering your sells in an upward move There are a number of ways in which an investor can buy back into a market when they suspect it is heading down, but the best
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Gemini receives virtual asset service provider license in Ireland

[ad_1] New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). Earlier, in February 2022, a company received an Electronic Money Institution (EMI) authorization from the CBI. The news was reported on Gemini’s official blog on Tuesday. As Gillian Lynch, head of Ireland and EU in Gemini, commented on the release: “Gemini was
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What are crypto faucets and how do they work?

[ad_1] On blockchains like the Ethereum Mainnet, fees represented in the blockchain's cryptocurrency units must be paid for transactions to be performed and recorded. From exchanges, one can purchase Ether (ETH), the native cryptocurrency of the Ethereum blockchain, and pay the transaction costs. However, alternative Ether distribution mechanisms are utilized on test networks like Rinkeby and scientific research blockchains like Bloxberg.One such method is a faucet, which grants users free
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US federal agency issues legal advisory on NFT investments

[ad_1] The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungible tokens (NFT).In the legal advisory presented to the designated agency ethics officials, director Emory Rounds III said that all NFT investments — both fractionalized (F-NFTs) and collectibles — worth $1,000 must be reported if “held for investment or production of income” at
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Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over

[ad_1] Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewParabolas violatedData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it breached $23,800, its highest levels since June 13.Against expectations, crypto staged a recovery beyond an intra-hour “fake-out” as risk assets benefitted from declining U.S. dollar strength.The inverse correlation between the U.S.
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21Shares launches S&P risk controlled Bitcoin and Ether ETPs

[ad_1] With cryptocurrency markets shrinking over 50% this year, 21Shares are working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products.The Swiss crypto investment firm 21Shares has launched two new exchange traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to soften volatility via rebalancing assets to the U.S. dollar (USD).The new products, the 21Shares
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Lummis-Gillibrand crypto bill likely deferred to next year

[ad_1] The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit on July 19, the Senators stated that there is a slim chance that the comprehensive bill would be pushed through the Senate this year, with Lummis noting that: “I think both Kirsten and I believe that the
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Bitcoin’s longest ‘extreme fear’ streak finally breaks

[ad_1] Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market. The Crypto Fear and Greed Index increased from “extreme fear” to merely "fearful" on July 19, reaching a score of 30 out of 100. It has gained slightly since then to the current index score of 31.The
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Will Ethereum Merge hopium continue, or is it a bull trap?

[ad_1] Ethereum is outperforming the broader cryptocurrency market as the highly anticipated Merge approaches, but the bigger picture is still largely bearish.Ethereum (ETH) has gained a whopping 48% over the past seven days, outperforming its big brother Bitcoin, which has only managed to achieve 19% in the same period. It's also up 66% from its market cycle bottom of $918 on June 19, reaching its current price of $1549.However, the current