BTCUSD rate forecast from March 22 to 28

Posted on

In the previous week, there were slightly different expectations from the main cryptocurrency. We saw the end of the correction, but the continuation of the rally did not happen. It has been suggested that this Bitcoin price movement was related to the performance of Fed head Jerome Powell. Investors are waiting, because it could have had a big impact on the movement of the price of digital gold. We will not focus on it, but it is worth noting that there have been many important statements. Based on this, it is possible to make a small forecast of further BTC movement for the next 7 days.

Continue reading “BTCUSD rate forecast from March 22 to 28”

98 views

What kind of mistakes beginners traders make?

Posted on

The description of the trading process can be put into one sentence: the market participant predicts the further movement of the price in order to benefit from a properly open position. It sounds simple and simple, and the task is, like, not so hard. However, at the beginning of the way traders often confuse trade and game – here the same bets, if you guessed, then took the prize. Perhaps only the trade in binary options can be attributed to the game, where participants need to precisely guess the subsequent movement of the price.

Continue reading “What kind of mistakes beginners traders make?”

261 views

News of the week. Friday, 12th of March

Posted on

NFT mania

It is common knowledge that there are tokens of different standards: ERC-20, ERC-223, ERC-721 and others. Some are used in the Ethereum blockchain ecosystem, others in video games. The ERC-721 token was, let’s say, an unnecessary link: it is not interchangeable, unlike the ERC-20 on which many crypto projects are built. Each such token has a price that varies from the value of what the token represents. It was originally created for Cryptokitties: there are kittens in the game (which are implemented with these tokens). They differ in breed, color, size, and cost.

Continue reading “News of the week. Friday, 12th of March”

160 views

Binance Futures Spring Tournament – Over $1,600,000 to Be Won!

Posted on

To welcome the Lunar New Year of the Bull, Binance Futures is hosting a Spring Tournament from 2021-03-02 0:00:00 AM (UTC) to 2021-04-01 0:00:00 AM (UTC).

We invite you to take part in this tournament for the RevenueBot team.

Team member sign-up period: 2021-03-02 0:00:00 (UTC) to 2021-04-01 0:00:00 (UTC).

Tournament prizes:

Continue reading “Binance Futures Spring Tournament – Over $1,600,000 to Be Won!”

295 views

News of the week. Friday, February 26th

Posted on

Elon Musk and the SEC

The SEC said it would investigate Musk over comments made about Dogecoin. I would never have believed that the SEC would have given up such antics from media personalities without consequence. Since early 2021, Musk has mentioned the Dogecoin meme four times on his Twitter. A more detailed history of Elon’s PR can be found in our previous article. Dogecoin was previously valued by traders only for the minimal commission that was charged for the transaction transfer. However, the cryptocurrency market is not static, more interesting variants have appeared and DOGE has become not very interesting. However, they pump it regularly. One of the developers of the project openly declares that he is shocked by the growth of the coin, because it has no technical purpose. In fact, the coin would have been in the top 1,000 list of cryptocurrencies long ago, but the clever Elon decided that he would pump it whenever he wanted. In the end, the charges are well-deserved, so we’ll keep an eye on things. Continue reading “News of the week. Friday, February 26th”

118 views

FUD and FOMO – what is it?

Posted on

The financial market is driven by people who are responsible for the processes within it. All trafficking is carried out exclusively by people. Of course, there are various programs, robots, bots for trade (such as RevenueBot), but they are all run again by people. Trading is not for the faint of heart, but requires strong emotional resilience to avoid unnecessary losses. However, not every market participant can boast of this quality. This is especially the case with newcomers to the market: they make transactions by at the call of the heart, with the help of a sixth sense, the sign from above prophesied and so on. Emotions are a big obstacle to trade and it has a name – FUD and FOMO. What these terms are and how to understand what you fall into their category – let us discuss in this article. Continue reading “FUD and FOMO – what is it?”

226 views

Ripple: what is the future of the project?

Posted on

The year 2020 was not very enjoyable for everyone, waiting for its early end. By the end of the year, however, Ripple was the one company most affected. As it happens, the Securities and Exchange Commission (SEC) is suing the company. They allegedly sold securities disguised as XRP tokens for seven years. How Ripple did it, for so long, is not clear to anyone. But since the SEC is the US government regulator (whom most of the community’s crypto does not like), Ripple’s excuse will take a long time.

I suggest you figure out what’s going on.

Continue reading “Ripple: what is the future of the project?”

146 views

Pump and Dump

Posted on

The crypto market differs from the traditional, mostly, only volatility, and the lack of regulation from the state, of course. It is this volatility that prevents many new faces from entering the crypto market. The high volatility of the asset suggests that you can make very fast money on it, but faster still lose everything. Therefore, beginners in trade, who had no practice in the traditional market, on arrival in the crypt and plum of the first deposit begin to tell that cryptocurrency is «bubble», all tricked, dumped, etc. 

Continue reading “Pump and Dump”

374 views

Binance Announces Partnership with BAM to Launch US Exchange

Posted on

Binance announced its partnership with BAM Trading Services Inc. and began preparations for the launch of trade services for users from the United States. Binance will license advanced engine and wallet technology to its BAM partner to launch Binance US. This occurred against the backdrop of the FinCEN registration on June 11, 2019.

“We are pleased to finally launch Binance US and bring the safety, speed and liquidity of Binance.com to North America, said CZ (Changpeng Zhao), CEO of Binance. – Binance US will lead our local BAM partner. It will serve the US market in full compliance with regulatory requirements.”

BAM Trading Services will support the launch of Binance US with a focus on trading basic cryptocurrency with liquidity.

“We are honored to work with Binance to launch Binance in the United States, using its security and first-rate technology, said BAM Trading Services. – We strive to provide a secure platform, consistent with regulation, and give a start to a fruitful alliance with Binance”.

Further details will be provided at a later date.

129 views