Bitrates News
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Real-time news updates about Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and other altcoins and Blockchain assets from Bitrates. We also cover ICO news, coin scams, crypto mining, and the changing status of cryptocurrency taxes around the world. Bitrates is a cryptocurrency news and market data resource.
Bitrates News
8h ago
The AI age is upon us, transforming various sectors and the cryptocurrency industry is no exception. These innovative digital assets blend humor with cutting-edge technology, capturing the imagination of investors and enthusiasts alike. Recognizing the significance of this AI trend, CoinGecko has even created a separate category for AI meme coins.
Notably, projects like TURBO and CORGIAI have achieved staggering valuations, highlighting the growing demand for this new narrative and niche. With the market's interest in AI-driven projects at an all-time high, there are still hidden gems to be d ..read more
Bitrates News
8h ago
What Are Spot Ethereum ETFs?
Spot Ethereum ETFs are exchange-traded funds offered by an asset manager. Each fund invests directly in the cryptocurrency Ethereum (ETH).
Traditional and retail investors can buy shares of an ETF in order to own a portion of the fund, potentially earning profits. Retail investors typically invest through brokers.
This approach to investment offers a few advantages. It allows investors to gain exposure to the price of ETH without the need to open a crypto exchange account or self-custodied crypto wallet. ETFs are ideal for traditional investors and those who don't ..read more
Bitrates News
8h ago
This article explores sophisticated forex trading techniques, such as understanding market sentiment, mastering technical analysis, and leveraging algorithmic trading. It also covers refining risk management practices, exploring carry trading, utilizing hedging techniques, analyzing cross-currency pairs, and embracing psychological discipline. By integrating these advanced strategies, traders can make more informed decisions, improve their trading performance, and navigate the complexities of the forex market with greater confidence.
If you've been trading in the forex market for a while and ..read more
Bitrates News
3d ago
Cloud mining companies allow people to open an account and remotely participate in the process of cryptocurrency mining for a small fee, making mining more accessible to people all over the world. Because this type of mining is done through the cloud, it eliminates issues such as equipment maintenance and direct energy costs.
This is really the right time to start investing in cryptocurrencies because Bitcoin is still the most popular cryptocurrency. By using Bitcoin mining websites, such as Inccrypto, you can start mining in a few clicks without any expensive mining hardware and software.
In ..read more
Bitrates News
3d ago
Two primary types of platforms that serve this purpose are fiat onramp aggregators and non-aggregator platforms.
An aggregator refers to a platform or service that consolidates data from multiple sources, such as exchanges or liquidity pools, to provide users with comprehensive information on trading pairs, prices, liquidity, and trading volumes. Essentially, it aggregates data from various sources into one interface, allowing users to access and analyze market information more efficiently. Aggregators are commonly used by traders and investors to make informed decisions and optimize their tr ..read more
Bitrates News
3d ago
The Importance of Selecting the Right Platform
With a plethora of options available, finding the platform that aligns with your trading style and goals is essential.
A reliable platform not only provides access to financial markets but also offers essential tools and resources to help traders navigate the complexities of trading. In this article, we'll delve into the significance of choosing the right online trading platform and examine the features and offerings of Quantorex, a prominent player in the industry.
Quantorex: Empowering Traders with Versatile Features
Quantorex stands out as a ve ..read more
Bitrates News
3d ago
By renting hashing power from established platforms, you can participate in mining and potentially earn daily rewards. This article explores the top free cloud mining tools in 2024, guiding you through their features, user-friendliness, and payout structures.
1. AST Mining
2. Ecos
3. StormGain
4. Bitdeer
5. Hashing24
1. AST Mining
AST Mining is one of the pioneers in offering cloud mining services. Over the years, they have expanded to operate five mining farms globally and have built a community of over 970,000 users in more than 150 countries.
They use renewable energ ..read more
Bitrates News
2w ago
Decentralized finance (DeFi) has garnered significant attention in recent years for its potential to increase access to financial services and give users more control over their financial assets. In particular, borrowing stablecoins or other cryptocurrencies using crypto assets as collateral has been a growing use case and method to access liquidity. Borrowers are able to access funds to use for large purchases, other investments, and much more. However, despite its promising benefits, DeFi lending platforms often present complex or barebone user experiences that can be daunting for newcomers ..read more
Bitrates News
2w ago
Robinhood, a popular retail stock and crypto trading service, has received a Wells notice from the US Securities and Exchange Commission (SEC).
The company said it received the notice on May 4 in an SEC filing.
The notice means that SEC staff have made a preliminary determination to recommend an enforcement action against Robinhood's cryptocurrency subsidiary, Robinhood Crypto. The SEC could seek various injunctions, penalties and fines, and a cease-and-desist order through its civil lawsuit.
Robinhood also acknowledged the SEC's earlier investigative subpoenas and said that it cooperated wit ..read more
Bitrates News
3w ago
No matter what it is, there will always be someone ready to say they are certain any given investment is the best most exciting thing right now and a sure way for everyone to become rich. They never mention the value of a diverse portfolio but instead, focus on a single asset they claim is the gateway to a Ferrari. Crypto is obviously full of these evangelists proselytizing for the economic revolution and on the other side there are the skeptics antagonizing the crypto faithful and arguing that they know the best path to riches. Peter Schiff is one of these.
Schiff is an American stock broker ..read more