A popular market saying advises to buy the rumour and sell the news. Much of the debates prior to the Bitcoin Spot ETF approval centred on the question whether the eventual approval will turn out to be such a sell the news event. With Bitcoin’s drop to below $40k, after a brief peak when it touched $50k, the ETF rally has clearly run out of pace. At least in the short-term, the ETF approval turned…
Crypto tax reporting can be a cumbersome process due to the high volume of transactions and multiple wallets involved for a given user. To make things easier, Coinrule has partnered up with CoinLedger, the highest-rated crypto tax software, to bring free tax reporting capabilities to our users. All Coinrule users who signed up prior to December 31st, 2023, will receive an email with a link that will enable you to claim your free CoinLedger tax…
It only took 10 years, a lawsuit won on appeal and financial giants like BlackRock and Fidelity getting involved for the SEC to finally admit defeat and approve a Bitcoin Spot ETF. Of course by now we know that little concerning crypto happens without drama. On Tuesday, Hackers took over the X/Twitter account of the SEC and announced that the ETF was approved. The statement was quickly retracted by the SEC only for the approval…
The market speed-run of the last few months has seen many new narratives emerge in a short space of time. The imminent approval of a Bitcoin ETF is a major catalyst but the re-emergence of Solana as a leading Smart Contract Layer 1 has also played an important role in the mania. With high speed and slick UX, it has attracted a lot of crypto traders. Generous airdrops have helped drive interest. With all the…
The probably most often repeated saying in this newsletter is that history does not repeat but it rhymes. This is even more true when it comes to markets. November and December 2023 have treated Crypto markets exceptionally well. Bitcoin is well above $40k and many Altcoins have been following. It also does not just feel like ’empty’ euphoria. Actual technological innovation is fuelling some of the run. Bitcoin’s Taproot upgrade has added actual programmability to…
Investing in financial markets has significantly seen massive growth in Nigeria, especially forex and cryptocurrency trading. Nigeria is one of the most active countries in Africa in the forex and cryptocurrency trading space. On top of that, there are more and more traders joining financial markets in an attempt to make a profit from trading various assets. In this review, we are going to take a look at the direction trading is taking in Nigeria…
As the festive season approaches, Coinrule is launching its Christmas Campaign with Bitget! This is your chance to share in a spectacular $20,000 prize pool and grab a 10% discount on Futures trading fees! Campaign Period: 1st Dec (20:00 UTC) – 31st Dec (20:00 UTC), 2023 Steps to unlock the rewards: 1. Register & Trade to Win $20 Trading Bonus: Win a 20 USDT trading bonus by signing up for a Bitget account via Coinrule’s referral…
Bitget Futures is now available on Coinrule! This new exchange is a significant milestone in our journey to provide you with the most dynamic and comprehensive trading experience. To start trading with Bitget Futures, follow these steps to connect it to Coinrule. Don’t forget to also check out the Coinrule & Bitget Christmas campaign. This is your chance to share in a spectacular $20,000 prize pool and grab a 10% discount on Futures trading fees!…
Algorithmic trading has revolutionized financial markets in recent years. It has introduced efficiency, speed, and accuracy into trading strategies. Additionally, it gets rid of human emotions that can be a hindrance to sticking to trading strategies. As technology continues to advance, the future of algorithmic trading holds even more promise. Currently, there are emerging trends and developments poised to reshape the landscape of financial markets. This article will look at the future of algorithmic trading…
After nearly a year of swirling rumours, the threat of US regulatory and criminal enforcement against Crypto’s biggest Exchange Binance was still hanging over the market. These rumours can now finally be put to bed. The US Justice Department fined Binance $4.3bn in penalties and forfeitures. The exchanges’ iconic CEO CZ pleaded guilty to money laundering charges and has stepped down from his position. Markets quickly reacted to the news. After an initial drop, bulls…