The bull market of 2024 has lost steam. Bitcoin’s price, which was initially pushed up by ETF flow and the momentum surrounding its halving, has been slowly retreating since it briefly reached a new all-time high in March this year. Altcoins are mostly experiencing a depressing market in 2024. Except for a brief memecoin frenzy, the prices of most projects have steadily declined since early in the year. The market is slowing down. This is especially visible in the…
Protect Yourself from Fraudulent Websites In the rapidly evolving world of cryptocurrency, scams are becoming increasingly sophisticated. One particular threat that Coinrule users should be aware of is the emergence of fraudulent websites impersonating our platform. These malicious sites, often using names like “Coinrule-web3,” are designed to deceive and exploit unsuspecting users. This article aims to raise awareness and provide essential tips to help you stay safe. What is the Coinrule Web3 Scam? The…
An Echo Bubble is not a concept familiar to traditional finance traders. In Crypto, the concept was popularised by the famous trader known as GCR. It’s the idea that a mini-bubble ‘echoes’ a previous big bubble in a subsequent time period. In 2019, Crypto markets saw a short-lived echo-bubble that followed the 2017 rally. Given how immense the 2021 market grew, many traders anticipated a significant Echo Bubble. Many expected an echo bubble in 2024,…
We are excited to announce that Coinrule has integrated support for Bybit Futures, enhancing our platform’s offerings and giving our users even more flexibility to automate their Futures trading strategies efficiently. What Does This Mean for Coinrule Users? Leverage Trading: Bybit Futures support introduces one of the largest leverage trading exchanges to Coinrule users, allowing them to control larger positions with smaller capital. Leveraged trading can amplify profits, and Coinrule users can now explore…
A day in crypto can be like a week in ‘normal life’. Since we last wrote this column, the SEC all but approved an ETH ETF. The first major bill to regulate Crypto, known as FIT21, went through Congress with bipartisan support. Republican Presidential Candidate Donald Trump started accepting donations in Cryptocurrency and publicly voiced support for the industry. President Biden’s administration, concerned to be alienating pro-crypto voters for no obvious gain, quickly followed suit…
Web3 domains have created a stir in the crypto and tech communities. They offer a glimpse of the future internet. These domains represent more than a new method of registering websites. They also represent a shift to a decentralized and user-controlled web experience. This article will explore Web3 domains, their significance, and how they differ from traditional domains. What Is Web3 Domain? Web3 domains are domain names registered via a blockchain rather than a traditional domain registry. Decentralization…
NFTs have revolutionized digital technology, especially in the gaming industry. NFT games (also known as play-to-earn or P2E games) allow players to earn real value by playing. This article will discuss NFT games, the concept of NFT, its benefits, and some popular examples of games that are shaping gaming’s future. What is NFT? Non-fungible tokens (NFTs) are unique digital assets that represent ownership or authenticity of an item or piece of content using blockchain technology. NFTs, unlike cryptocurrencies…
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 trading technique that allows you to earn profits repeatedly over a short time period. Scalping is a popular strategy for cryptocurrency trading. 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 short-term moderate profits and tighten stop…
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 decentralized finance…