Learn How To Build a Long-Term Trading Strategy in This Week’s Crypto Markets Show Live!

In our latest crypto market show live, popular traders and youtubers Benjamin Coates and Tyler D. Coates will be discussing long-term trading strategies and how to take profit from major trends in the crypto market.  The crypto market has been trading sideways for a few weeks, which means it is a good time to think of a long term trading strategy and prepare to catch the next big move.  In this episode, our guests will be discussing the main differences between day trading and long-term trading. We’ll learn how to…

Is Mobile Decentralized Exchange Trading Riskier? Komodo’s CTO Says Not Necessarily

Using a decentralized exchange, or DEX, on a mobile device does not necessarily make for greater hacking risk, according to Kadan Stadelmann, CTO of blockchain platform Komodo.  “I don’t think that the risk to a mobile DEX is necessarily higher than that of a DEX accessed through another medium,” Stadelmann told Cointelegraph. “The risk would vary depending on the user’s device, OS [operating system], version, etc.,” he added.    DEX built on Komodo Constructed on Komodo’s network, AtomicDEX is a decentralized exchange working with multiple blockchains, in contrast to other DEXs…

Bitcoin Cash Trading Near Inflection Point, 100 SMA Could Trigger New Rally

Bitcoin cash price is recovering from the $225 support zone against the US Dollar. BCH is slowly gaining traction, but it is facing a strong resistance near the $240 and $242 levels. Bitcoin cash price is slowly correcting higher above $235 against the US Dollar. The price is likely to face a crucial hurdle near the $240 resistance zone. There is a key bearish trend line forming with resistance near $242 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair must clear the $242 resistance…

The Hard Truth About Trading — Can the Average Joe Succeed?

Crypto trading is a zero-sum game with clear winners and losers. This competitive stage yields countless self-proclaimed profitable traders on Twitter and YouTube. As the players downtown make their livelihood trading for institutions like Galaxy Digital and Pantera Capital, how do their strategies compare to those of retail home-based traders? Do retail methods even work? “Broadly speaking, larger institutions are mostly directional agnostic and generally focus on market making,” Bill Herrmann, CEO of investment firm Wilshire Phoenix, told Cointelegraph. By directionally agnostic, Herrmann means institutions do not trade based primarily…

Delta Exchange Launches Options Trading for Binance Coin and Link

Cryptocurrency derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, Binance Coin (BNB) and Chainlink’s LINK. In an announcement on June 19, the exchange indicated it would be following the launch of its options for BNB and LINK with similar contracts for Tezos (XTZ), Atomic Coin (ATOM), XRP and Litecoin (LTC). Delta’s CEO Pankaj Balani told Cointelegraph that BNB and LINK are two of the most active coins on the exchange and that the launch of the new contracts was in response to “a lot…

Phemex CEO Explains Spot Trading Vs. Derivatives Trading — and more!

On June 17th, Phemex co-founder and CEO Jack Tao participated in a live “ask me anything” session on Cointelegraph’s YouTube channel. The discussion explored trading the spot market versus trading the derivatives market — and much more.  The audience also asked about why crypto finance is different from traditional finance, what it takes for a blockchain project to get listed on an exchange, and how Phemex is separating itself from other exchanges with its zero-fee spot trading membership. Click here to watch the full discussion! 11 year vet Tao is…

Blockchain P2P Energy Trading Proves Workable and Popular in Australian Test

An Australian government-backed trial of peer-to-peer solar trading using blockchain technology has found that the technology is popular with users and technically feasible. The trial, which ran between Dec. 2018 and Jan. 2020, was part of the RENeW Nexus Project, which investigated the potential of localized two-sided energy markets and blockchain technology to improve the energy system. Among those supporting the project were the Australian Government’s Smart Cities initiative, several Australian universities, Western Power and the Australian blockchain firm Power Ledger. The results, published on June 18, indicated that the…

Tokyo Power Company to Use Blockchain for Trading Electricity Surplus

Tokyo Electric Power Company Holdings Inc (Tepco) partnered with Itochu Corporation, a Japanese major trading company, and started building a blockchain-based system to trade extra electricity.  According to Nikkei on June 18, the new system will be available to households in Japan within three years. The firms plan to collaborate with local governments and start a proof-of-concept by March 2021.  If successful, it will be the first instance of surplus electricity trading between households in Japan.  Tepco and Itochu will give households AI-based storage batteries and solar panels for free.…

Forex vs. Cryptocurrency Trading, Explained

Despite many similarities, key differences between these markets remain. One of the largest is the nature of OTC trading versus using exchanges but also how these markets respond differently to global economic pressures. You’ve likely already picked up on many of these differences, and a major one is the nature of exchanges versus OTC trading. OTC trading offers global liquidity, but trades often must be facilitated by a broker, as mentioned before. It is possible to get an account that gives direct access to the market, but this is highly…

Binance to Launch UK Trading Platform for Institutional and Retail Investors

Leading cryptocurrency exchange Binance will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors.  With this platform, Binance aims to tap the institutional investment market and meet the rising demand for digital asset investments in this sphere.  Binance is reportedly reviewing 65 digital assets that it plans to list on the exchange at launch. Investors will be able to trade these assets directly against pounds and euros, Reuters reported. Being a regulated exchange, Binance’s trading platform will function under the supervision…