Arab-developed Bitcoin trading bot set to revolutionize the way people invest

    AYMBot, a fully-automated, algorithmic, Bitcoin-trading bot developed in Jordan, aims to revolutionize the way people generate wealth from cryptocurrency, according to its creator. AYMBot was designed to tackle the main issues and challenges associated with Bitcoin and cryptocurrency trading, including volatility and accessibility, CEO Ahmad Alsharqatli told Arab News. “The problem with crypto, that people…

    Crypto trading guide: 5 tips for getting the right start in 2022

    New in crypto trading? Trading stocks and cryptocurrencies can be complicated, but here are a few tips on how to get started from Marcel Pechman, published on Cointelegraph. It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s…

    Most crypto trades might be ‘wash trading’ manipulations – the study says

    A new analysis has found that up to 70% of cryptocurrency trades on the world’s most popular exchanges may be people buying from themselves. It is a form of market manipulation on unregulated crypto exchanges to inflate prices artificially. A study of 29 cryptocurrency exchanges – including Coinbase, Gemini, Binance, Bittrex, Huobi, and many others…

    The Hamster Syndrome

    It seems that the crypto community has taken a big step towards one critical realization: Trading on a cryptocurrency exchange in hopes of getting rich only benefits the exchange itself. In the news feeds I’ve read recently, it appears that everyone, without exception, has had a take on a story of the hamster that traded…

    Bitcoin falls below $30,000 as global markets worries over pandemic

    Bitcoin price fell Tuesday below $30,000 for the first time since last month, which drags down other digital currencies as investors worldwide fret about the Delta variant and the next stage of the COVID-19 pandemic. According to CoinMarketCap data, the whole cryptocurrency market lost about $89 billion in 24 hours. However, Glassnode’s report indicates large…

    Robinhood anticipates the lower revenue, as crypto trading is slowing down

    Robinhood said it anticipates retail trading is slowing down in the third quarter of 2021 relative to the second quarter, especially in cryptocurrencies. Crypto trading accounts for about 17% of Robinhood’s revenue. Popular stock trading app Robinhood warned that potential trading revenue will be lower and new clients as the boom in retail investing starts…