What are NFT Games? NFTs have created an exciting new trend in the blockchain and crypto space. Early-stage NFTs led to the development of NFT gaming and play-to-earn games. Game-Fi is a new area that combines finance and gaming to provide opportunities for earning income through playing games. With NFTs, there are multiple ways to earn. The traditional model of earning money through gaming involves finding, breeding, or winning rare collectibles. However, the players have…
A few weeks of limited volatility and ranging between the $60k and $67k range for Bitcoin are keeping traders in suspense. This was well captured by a few days of relatively low inflows/outflows to the Bitcoin ETFs over the last week. The trend seems to have turned however as this week saw $726m of inflows so far. In times of little price action, crypto traders tend to become macro-economists and Federal Reserve lip-readers. One topic…
Scalp trading is also known as “scalping” and it’s a crypto trading technique that allows you to earn profits repeatedly over a short time period. Scalp trading, also known as scalping, is a popular strategy for trading cryptocurrencies. It leverages the volatility of the crypto market to generate regular short-term profits. Scalp traders are also known as scalpers. They seek to profit from small price fluctuations. The main goal of the strategy is to make…
After rallying to a new Bitcoin all-time high in March, markets had looked without momentum for weeks. New catalysts such as an Ethereum ETF approval look very unlikely. The launch of new Bitcoin and Ethereum ETFs in Hong Kong has not attracted meaningful volumes. The much-anticipated announcement of the Eigenlayer token in the Ethereum ecosystem led to more disappointment than excitement. On the downside, increasing US government crackdowns against crypto privacy tech and decentralised finance…
When you are reading this, Bitcoin’s fourth halving is imminent. The reward that miners will receive for each block every 10 minutes will drop from 6.25 Bitcoins to 3.125 Bitcoins. Bitcoin’s halving will result in a reduction of the annual Bitcoin supply from 1.6% to 0.8%. But this halving will also bring the launch of the highly anticipated protocol and Bitcoin Token Standard “Runes”. Runes allows the creation and trading of altcoins on Bitcoin. Unlike Ordinals, which essentially are…
OKX & Coinrule Campaign: Deposit & Trade 500 USDT to win 50 USDT + Get 20% off Trading Fees + Get 25% Off Coinrule Plans! Campaign Period: Apr 12 2024 00:00 UTC – May 31 2024 23:59 UTC To celebrate the launch of OKX Futures, Coinrule is thrilled to announce an exciting campaign that we are running together with OKX. This is your chance to win 50 USDT in the form of futures credits, grab…
We’re thrilled to announce that Coinrule has integrated support for OKX Futures, expanding our platform’s capabilities and offering our users even more opportunities to automate their trading strategies effectively. What Does This Mean for Coinrule Users? Leverage Trading: OKX Futures support also introduces the concept of leverage trading on OKX to Coinrule users. With the Coinrule integration, you can build automated trading strategies for Perpetual Futures on OKX. Leveraged trading enables traders to control larger…
The last few months have been a spaceship for those of us lucky enough to be trading crypto. The Bitcoin ETF has been approved. Markets have gone up multiples. Bitcoin hit a new all-time high. Airdrops of newly launched projects like Celestia, Dymension, Jupiter, Ethena and Wormhole have filled the pockets of power users. On top of it all, so-called memecoins such as dogwifhat (WIF) and others quickly rallied to reach millions and even billions…
Ethereum has had some very turbulent weeks. For one, its price has finally been rallying. After months of underperforming versus new-narrative chains like Solana, Ethereum had started to steadily approach its All-Time High. One of the drivers of the excitement: The Dencun upgrade was introduced last week. The upgrade reduced the transaction costs for Ethereum Layer 2s, such as Arbitrum, Base, and Optimism. Transaction costs on Ethereum Layer 2s can now, in theory, start competing…
There is one thing that beginner traders rarely understand about bull markets. Traders can lose money in a bull market as much as in a bear market. This week reminded us about the brutal volatility that makes crypto both loved and feared. The market briefly went into a tailspin after a rejection just above the $69,000 previous all-time high. The Bitcoin price then found its feet again and marched back up. But not without liquidating many…