Blockchain 

Bitcoin’s 2017 Boom Largely Fueled by a Single Trader

Bitcoin’s 2017 bull run, which saw the world’s leading digital asset top out at nearly $20,000 USD, was mostly driven by a lone anonymous trader, according to analysis gathered by two finance professors from the University of Texas and Ohio State University. Professors John Griffin and Amin Shams analyzed over 200 gigabits of data relating to the transaction history between Bitcoin and Tether, another highly controversial stablecoin, and found that the surge in value in late 2017 was attributable to one large player, or a whale in the crypto world, but…

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Blockchain 

Is Ethereum (ETH) No Longer a Crypto Trader Favorite?

The cryptocurrency market has been in existence for long enough to now result in the reversal of a status quos that has been in place for years and something of that nature is now happening with Ethereum (ETH). Back in 2017, when the entire crypto market was making enormous gains, and Bitcoin was reaching new highs every day, Ethereum quickly emerged as the second-biggest cryptocurrency in the market. Etheruem vs. Bitcoin As a matter of fact, plenty of crypto experts had gone on to say that ETH could eventually upstage…

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Blockchain 

How to Become a Bitcoin Trader

There are several ways to make money in the cryptocurrency market, and you have probably read about some of them. We have covered a few techniques on this platform too. In this post, however, I’ll explain some common trading methods you can begin using right away and give you a few tips for engaging safely in the market. You must have heard some people refer to themselves as Bitcoin traders, but what exactly does that mean? These are some of the questions this post will try to answer. How to…

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