New ‘market fear’ index lets traders bet on crypto volatility
COTI, a blockchain-powered fintech startup, has launched a new cryptocurrency index enabling traders to profit from the market volatility.
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Ethereum Slices Through Critical Resistance Making New All-Time Highs | Crypto Briefing
Key Takeaways
Ethereum appears to have broken out of an ascending triangle.
If buy orders continue to pile up, Ether could rise to hit a target of $1,680.
Everything now depends on ETH’s ability to move past the $1,420 resistance.
Bitcoin overtakes tech as most crowded trade, says Bank of America survey
In another throwback to the 2017 bull market, a major United States bank fund manager survey, or FMS, has put Bitcoin at the pinnacle of positive investor sentiment.
According to Reuters, 36% of respondents identified a long Bitcoin bet as the most crowded trade ahead of long tech in a Jan.
Zilliqa Joins Bull Market, Shatters Consolidation Phase | Crypto Briefing
Key Takeaways
Zilliqa has sliced through the $0.078 resistance barrier, suggesting a potential bullish breakout.
If validated, ZIL could see its market value rise by nearly 70%.
As long as the underlying support continues to hold, the odds will favor the bulls.
Key Indicator Suggests Major Bitcoin Correction in the Works | Crypto Briefing
Key Takeaways
Demand for Bitcoin is rising as whales take advantage of every dip to buy Bitcoin at a discount.
Regardless, the SOPR indicator forecasts that BTC looks primed to retrace.
While the on-chain metric forecasts an 80% correction, the $30,000 level could keep falling prices at bay.
How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2
Massive amounts of capital are locked in staked crypto assets. But a relatively new platform is making those markets both tradeable and liquid.
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Ethereum Takes Center Stage as ETH Edges to New Highs | Crypto Briefing
Key Takeaways
Ethereum looks ready for high volatility as it moves closer to an ascending triangle’s breakout point.
A spike in buying pressure could push Ether’s price to a new all-time high of $1,650.
ETH whales may try to fake out doubters by a final push to $1,160 before the uptrend resumes.
Cardano Enters New Bullish Cycle Towards All-Time Highs | Crypto Briefing
Key Takeaways
Cardano saw its price plunge by 42% after reaching a nearly three-year high of $0.39.
The downswing presented an opportunity for investors to “buy the dip,” which allowed ADA to rebound quickly.
If buying pressure continues mounting, this altcoin could rise by more than 900%.
Risk management in crypto: Aka ‘the art of not losing all your money’
Risk management is a vital element of success for any trader in any market. No matter the size of the capital you’re trading with or investing in, losses are going to be inevitable, particularly in highly volatile markets like cryptocurrency. Learning how to manage risk to minimize losses is vital.
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Anonymous Litecoin Coming Soon Following Incognito’s New Integration | Crypto Briefing
Key Takeaways
While the community awaits for MimbleWimble, a team of developers has created a bridge to enable private Litecoin transactions.
Incognito wallet users will be able to send a receive LTC tokens without the ability of third parties to surveil funds.