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Articles by Azel Dean
Join Andy’s Team for Bybit World Series of Trading (WSOT) 2023. Registrations Open Now!
The Bybit World Series of Trading (WSOT) is the biggest trading competition in the world, and it is back again. Set to take place this August, WSOT brings together traders from all around the world to compete for the prize. Traders can either lead a team or join one to participate in the competition.
Presenting the Blockchain Economy Dubai Summit 2023
To the delight of all crypto enthusiasts, the 8th edition of the Blockchain Economy Dubai Summit is set to take place on the 4th and 5th October 2023. This is the world’s largest and most prestige blockchain conference network that hosts some of the most influential names in the crypto and finance industry. Undoubtedly Dubai is on its way to becoming the global crypto hub, which gives more significance to this upcoming event.
SEC’s Actions Against Coinbase and Binance Continue to Impact Crypto Prices
Over the past few weeks, SEC’s lawsuit against Coinbase and Binance has wreaked havoc globally. The whole ordeal has greatly impacted the crypto market, causing the prices of all crypto assets to plunge. The crypto king, Bitcoin, was traded below the $25k price mark earlier today. BTC’s price has not dropped below this price range since March 17th, 2023. Here is a graph by CoinMarketCap, showing the price of BTC over the last 24 hours.
Shiba Inu Sees 16% Price Drop in May. Can it Recover?
Shiba Inu (SHIB) is credited as a highly prominent meme coin. Since its creation in 2020, SHIB has achieved global recognition and significant surge in its value and price. However, in recent times, as the crypto market dipped, Shiba Inu has also taken a hit. During May, the meme coin has seen a 16% decline in its price (approximately). Here is a graph by CoinMarketCap, showing the price movement of Shiba Inu over the last month.
What Can Be Expected of BTC’s Long-term Value and Strength?
As the world’s leading cryptocurrency, Bitcoin directs widespread attention, particularly amidst the current market volatility. Despite its overall strong performance, Bitcoin has experienced notable fluctuations in the past month. BTC is trading at $26,260 (at the time of writing) but is at a ten-week low currently. Here is a graph by CoinMarketCap, showing the price of the crypto king over the last month.
Bybit Global Headquarters Opened in Dubai
The crypto market has been expanding, both globally and specifically in Dubai, making it an aspiring global crypto hub. Recognizing the worldwide impact and growth of blockchain technology, Dubai aimed to become the first city powered by it. To achieve this, Dubai initiated a citywide Blockchain strategy in 2016. The technologically advanced city grabbed further global attention after Bybit opened its global HQ in Dubai. Bybit is one of the most prominent and popular crypto exchanges in the world.
FinTech Festival Thailand 2023, The Biggest Event in Asia
The FinTech Festival (FTF) Thailand 2023 is the biggest event in Asia, with over 15,000 participants coming in from all around the globe. It is created and produced by FINEXPO, which is the leading event company. It connects different service providers in the FinTech industry with high-profile executives. FINEXPO is known for producing several summits, conferences, forums, exhibitions, festivals and shows around the world since 2002.
FinTech Festival Thailand 2023 - The Biggest Event in Asia
The FinTech Festival (FTF) Thailand 2023 is the biggest event in Asia, with over 15,000 participants coming in from all around the globe. It is created and produced by the leading event company, FINEXPO. This event will be hosted in the exquisite city of Bangkok, Royal Paragon Hall from the 26th to the 28th of September 2023. It is the perfect opportunity for the FinTech community to collaborate and interact on a global scale.
Bitcoinsensus Finally Launches Crypto Legends Community
Bitcoinsensus has launched its private trading community, known as the Crypto Legends Community, following the success of its inaugural crypto trading course. The community will be hosted on Discord and will give access to Andy’s inner circle along with valuable information regarding crypto trading and more.
Is Bitcoin’s ‘Super Cycle’ in Progress?
Bitcoin is undoubtedly the most prominent cryptocurrency in the world, and it greatly dominates the price of other assets as well. After the recently noted global financial crisis, many believed the crypto market to take a hit as well. This crisis caused significant damage, resulting in the collapse of several banking giants. However, contrary to popular belief, not only Bitcoin but the overall crypto market showed quite the resilience.
Silvergate Bank’s Collapse Causes BTC’s Price to Plunge
Silvergate was a major bank located in the USA that was also highly crypto-friendly. It was a prominent pillar in the crypto world and offered banking services to numerous crypto companies. Silvergate Capital Corp. the parent company, previously announced the discontinuation of the crypto payments network, which significantly impacted the crypto space and crypto prices.
Crypto Payments Network Discontinued by Silvergate
Silvergate Bank is a prominent bank that majorly deals in crypto transactions. It is based in the USA and is under the parent organization Silvergate Capital. The parent company had a crypto payments network, called the Silvergate Exchange Network, that facilitated a huge audience. It enabled convenient and quick transfers between investors and exchanges 24/7, which was a standout benefit.
Crypto To Be Regulated and Not Banned by IMF
The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting was recently held in India. The key discussion points were regarding regulatory priorities and financial stability. Representatives of the International Monetary Fund (IMF) were also a part of it. Aside from the main discussion, IMF Managing Director Kristalina Georgieva made an intriguing statement in favor of cryptocurrencies.
Bitcoinsensus Launches Legends’ Trading Masterclass 2023
After much anticipation, Andy has launched his first-ever crypto trading course entitled, ‘Legends’ Trading Masterclass 2023’. The masterclass focuses on various crucial concepts and elements of technical analysis. The course has 30 video lessons, ranging from Basic to Pro. The masterclass has 3 detailed modules and assessments. Certificates are awarded upon completion of the course.
Crypto Industry Unites to Share Aid with Turkey and Syria
In the wake of one of the deadliest earthquake events in the world, the crypto industry has united to aid the victims of Turkey and Syria. Two of the prominent names that have stepped forward in the matter are Carl From The Moon and Vitalik Buterin (co-founder of Ethereum). The Web3 community has made substantial crypto donations to major NGOs, bringing a lot of relief for the victims and their families.
Largest Block Mined in the Bitcoin Network Yet!
The Bitcoin network has made history after mining the largest block (ever recorded) on February 1st, 2023. As per reports, this block consisted of approximately 4 million transactions. The developer who carried out the transaction based it on the concept of “Ordinals” and used “Taproot Wizard”, an NFT project. Bitcoin lacked a stable public identity, which is what the Ordinals were introduced for. The public and private keys were non-transferable for Bitcoin.
A Brief Comparison of Bybit Web3 Wallets and Crypto Wallets
Finding a safe and suitable option to store your funds is quite crucial for all investors and traders. If your funds are not secure, you are likely to spend more time worrying about that than making trades and properly exploring what the crypto space has to offer. As the crypto space is evolving, new and innovative features are being introduced for enthusiasts.
Benefits and Drawbacks of Using the Bybit Web3 Wallet
The integration of Web3 services is anticipated to take the user experience to the next level, as it is believed to be the future of crypto by many enthusiasts and experts. There are several fields that Web3 technology focuses on, in order to improve them and make them more efficient. The Web3 technology stresses a lot on the safety and security offered to the users and aims to make everything easier for them as well.
Bybit Web3 Wallet: Everything You Need to Know
Bybit is one of the biggest and most prominent crypto exchanges in the world. It is a well-reputed trading platform and continues to outperform its competitors. One of several highlighting aspects of the trading platform is the availability of Web3 wallets. Having a safe fund storage option can be a crucial deciding factor for many crypto enthusiasts. Top exchanges such as Bybit already offer cold wallet storage, which is one of the safest ways to store funds.
Proof of Reserves (PoR) Details and How it Improves Crypto Transparency
This year (2022) has been difficult for the crypto space, considering the bearish streak cryptocurrencies have been stuck in. Following the recent collapse of the FTX exchange, the uncertainty and strain have further increased, causing many to question the financial stability and security of various exchanges. Amidst this commotion, Proof of Reserves (PoR) has quickly drawn the spotlight to itself.
Bybit KYC: Guide to Read Before Trading on Bybit
One of the most prominent and widely used cryptocurrency exchanges in the industry is Bybit. This trading platform offers impressive features that keep evolving with time. The use of advanced security protocols makes Bybit one of the safest trading platforms in the industry. The security it offers has been enhanced further, thanks to the implementation of KYC (know your customer) verification.
What is Inverse Perpetual Contracts on Bybit?
Bybit is a remarkable cryptocurrency exchange that is widely known and used in the trading community. Whether you want to use the Bybit exchange for buying or trading crypto, you need to know which contracts are supported by the platform. Bybit offers support for various high-end features and services, including inverse perpetual contracts. In this article, we will explore what inverse perpetual contracts are, the specifications, differences from other contracts, and more.
Top Crypto Exchanges Ranked by Safety
The crypto space is vast and it comes with a lot of volatility and security risks. These risks cannot be eliminated but they can be greatly reduced if people opt for crypto exchanges that prioritize their security above all else. Choosing a secure exchange will help you focus more on your investing or trading activities with minimum concerns regarding safety.
Bybit Fees - Everything to Know About Different Types of Fees
Bybit is a widely recognized and intuitive crypto trading platform that is known to offer high-end and impressive features. One of the most prominent attributes that grab the attention of a vast audience is its fee structure. The fee charged by Bybit is not only fair but transparent as well. It varies based on the different trading options supported, such as spot, derivatives and margin trading.
Mistakes to Avoid While Choosing a Cryptocurrency Exchange
There are hundreds of crypto exchanges in the industry today. While some platforms have been operational since crypto was first introduced, others have more recently been established. The general function of a cryptocurrency exchange is to enable people to buy, sell, trade, and even hodle digital currencies. However, the available investing and trading features vary from one exchange to another.
Bybit vs Coinbase - A Comparison of Prominent Attributes for Crypto Enthusiasts
This Bybit vs Coinbase article is a brief comparison of the two well-known crypto exchanges and takes a deeper look into what both of them have to offer. Even though Bybit and Coinbase have good reputations in the industry, both platforms do have some pros and cons. Therefore, if you are looking to trade crypto then the comparison below can help you determine which of these two remarkable exchanges suits your needs the most.
Bybit vs FTX - Trading Fees, Leverage, Security & More Compared
Bybit vs FTX is a comparison worth pondering upon. Both exchanges have a considerable appeal to the audience in the crypto market and exhibit some notable features. However, to get a better idea of which exchange ticks all the right boxes for you, you need to know what each of them offers. This article not only discusses the major attributes of both platforms but also compares them to help every crypto enthusiast in determining, which of the two may be a better option to use.
How to Use Bybit Sign-Up Bonus?
Bybit is a well-known peer-to-peer crypto trading platform, that is one of the top options for new and experienced traders alike. Unlike several other trading platforms, this exchange is secure, offers impeccable customer support services and is also known to charge one of the lowest and most transparent fees. However, these are not the only attributes that make it stand out among its competition. Bybit also offers one of the highest sign-up bonuses for users.
Top Crypto Staking Platforms in 2022
Stepping into the crypto space is not limited to buying, selling or trading digital assets. There are several other concepts one needs to be familiar with, such as crypto staking. The crypto space offers a lot of opportunities for people to benefit from blockchain technologies, even though the profits are never guaranteed and are accompanied by risks. However, knowing as much as you can about different opportunities can increase your chances of success.
Bybit vs Phemex - A Comparison of Fees, Tools, Trading Features and More
Bybit vs Phemex is an interesting comparison as these are two of the most powerful trading platforms in the world. Both exchanges are popular among millions of users worldwide, thanks to the cutting-edge features offered. Bybit and Phemex, both have an undeniable prominence in the market. However, if you want to opt for one of these then you must consider having a look at our comparison below.
Bybit vs KuCoin - A Comparison for All Crypto Enthusiasts
Launched a year apart, Bybit and KuCoin are two of the most interesting cryptocurrency exchanges in the industry. Both platforms have a high significance in the crypto market, thanks to the impressive features they offer to users. If you want to opt for one of these and determine which is the most suitable for you, then you should take a look at our detailed comparison below.
How Suitable is Bybit for Beginners?
Bybit is one of the fastest-growing crypto derivatives exchanges and has made its mark in the crypto industry. It is one of the top platforms used by crypto traders, especially margin traders. However, an important question to address is regarding its suitability for new users. Mentioned below are some of the aspects that highlight how suitable Bybit is for new users.
Bybit vs Binance - Comparing the Two Most Popular Crypto Exchanges
Bybit and Binance are two of the most popular cryptocurrency exchanges in the world. Both are well-known among crypto traders and have earned a good reputation in the industry. If you want to know which of the two is most suitable for you then you should take a look at our comparison below. In this article, we talk about various attributes of both exchanges and compare them to help every user make an informed decision.
How to Use Indicators in Crypto Trading - Top 5 Indicators for Beginners
Good crypto traders use various types of indicators to keep a track of past price movements and patterns and to predict future trends and patterns. Learning how to use indicators in crypto trading can boost the growth of a trader and help them become more efficient. Some of the indicators used by traders are complex while others are much simpler. In this article, we will take a look at the five best free crypto indicators for beginners that can be quite useful for them.
Top Crypto Copy Trading Platforms in 2022
Copy trading is an innovative feature that has taken crypto trading to the next level. It is one of the best ways for people to trade, whether they have insufficient time to actively place trades or little or no prior experience. To start copy trading you need to opt for a trading platform that ticks all the right boxes in terms of features offered. Several crypto trading platforms in the industry support this new feature and as a potential copy trader, you should know your options.
What is Risk Management in Trading Crypto?
Risk management is how traders can identify, assess, and control the threats or risks to have a less stressful and somewhat safer trading experience. Crypto traders face several risks caused by several factors, including market uncertainties, technological issues, and management errors. A good trader never ignores these challenges and protects their trades by managing these risks wisely. One of the ways to minimize the risks is to opt for a secure crypto trading platform.
A Guide to Learn About Bybit Copy Trading
Bybit is one of the top crypto trading platforms that has made its mark in the industry, thanks to its high-end features. It has several prominent selling points, which now also include the fact that it supports copy trading. This is a particularly helpful feature for traders, especially the ones who lack prior crypto trading experience. Here is a guide for all traders to help them learn about Bybit copy trading. Margin traders can trade Bitcoin and Ethereum with up to 100x leverage on Bybit.
Everything to Know about Sideways Markets
Whether it is the stock market or crypto market, there are three major types of trends, which are uptrend, downtrend and sideways trend. The uptrend comprises ascending peaks and troughs or higher highs and higher lows, whereas, the downtrend is made of descending peaks and troughs or lower lows and lower highs. In this guide, we will learn about the sideways market in detail.
A Brief Overview of Covesting
Trading crypto can be quite a stressful and intimidating experience, especially for inexperienced people. Trading crypto is interesting and exciting but it also comes with some serious risks. Potential or new traders need to familiarize themselves with several aspects first such as, choosing a suitable trading platform, learning how to read the charts, knowing how or why the market moves and more.
A Guide to the Basics of Candlestick Charts and Patterns
The candlestick charts were discovered in Japan in the 1700s by Munehisa Homma. Candlesticks are considered to visually represent market sentiment and can help traders make decisions accordingly. Candlesticks can give crucial information about the market and are also quite flexible. This means they can either be used separately or in combination with technical analysis tools.
How to Find the Next Best Altcoin?
Bitcoin is the first and largest digital asset in the world. It is also the pioneer of the entire crypto industry and, a vast audience in the crypto community has invested in it. However, Bitcoin is not the only prominent digital asset in the market. There are many altcoins, some of which are speculated to outperform the flagship cryptocurrency, thanks to their high-end blockchain technologies, upcoming advanced upgrades and more.
Prices of Bitcoin and Ethereum Drop Again
The crypto market was noticeably doing well over the last few days as the prices of Bitcoin and Ethereum surged beyond important price regions. These two were not the only digital currencies that exhibited signs of a bullish movement. However, the crypto market has once again seen a slight price correction for cryptocurrencies, which is widespread. Some analysts believe Bitcoin and Ethereum to be showing bearish signs.
Increase in Employee Crypto Payments Noted Despite Market Crash
The first half of 2022 has witnessed a market crash that sent shockwaves throughout the crypto industry. The prices of cryptocurrencies, especially Bitcoin (BTC) and Ethereum (ETH), plunged below levels no one expected. The widespread decline caused a lot of commotion in the market, which also resulted in large institutions and retail traders selling off the crypto they owned. However, skepticism and uncertainty were not the only sentiments in the market.
Bitcoin’s Price Dropped As Tesla Sold 75% of its BTC Holdings
The flagship crypto asset was performing quite well and surged above the $20k price mark yesterday. This was huge news for the crypto community, especially the investors and traders rooting for the crypto king. This surge in price was noted for BTC after weeks of struggling. However, it seems that the bullish run was short-lived as the price of Bitcoin has dropped once again. Even though the price has not plunged as extremely as it did before, some enthusiasts are concerned.
Price of Bitcoin Significantly Surges Over the Last Seven Days
Bitcoin is always the center of attention, being the largest crypto asset in the market. However, the spotlight intensified over the last few months due to its severe price decline. Even though Bitcoin has the support of a large portion of the crypto community, some enthusiasts stepped back from it, considering the recent price movements and market conditions.
Ethereum’s Price Surges Past a Major Price Mark
To the delight of Ethereum enthusiasts, the most prominent altcoin has finally seen a price surge after struggling for weeks. Ethereum is the second-largest crypto asset in the world and has substantial support from the crypto community. Due to the bearish market conditions, seen for the overall crypto market, Ethereum also faced quite a price decline. However, it is now trading closer to the $1,600 price region, details of which are mentioned below.
Bitcoin Mining Becomes Less Costly as More Efficient Rigs are Used
The cost of mining the flagship cryptocurrency and the energy used were some of the objections many people had around a year ago. Mining is a complex procedure and it usually takes up a lot of energy. Bitcoin mining was also perceived to be damaging to the environment. This is one of the reasons why several companies such as Tesla stepped back from incorporating BTC in their businesses.
New Plugin Makes ADA Payments Available for Millions of Users
Cardano is one of the most technologically advanced networks in the crypto market. It has been evolving with time, thanks to ground-breaking upgrades such as Alonzo hard fork and more. The ADA token is also one of the most prominent altcoins, which is believed to be more significant than several others. It still has immense support from the community, despite facing severe price drops and uncertainty over the last few months.
Private Banks Representing Trillions of Dollars in Assets Offering Bitcoin and Crypto Exposure
Bitcoin and Ethereum have been noticeably stuck in a downward spiral, where both digital assets have been unable to cross important price marks. Over the last seven days, the price of BTC has dropped nearly 3.18%, while that of ETH has dropped around 6.51%. BTC and ETH are not the only two crypto assets undergoing such serious drops in prices. Many crypto enthusiasts have taken a step back from crypto due to the widespread crypto space decline.
How to Set Up a Basic Crypto Wallet?
Setting up a cryptocurrency wallet can be relatively complex for someone new to the crypto space. One of the reasons behind that is the availability of numerous options. There are different types of wallets that further have sub-types. If you are new to the crypto space, you must take a look at the different types of wallets and what they have to offer before you choose. Getting to know the pros and cons of different types of wallets can help you make an informed decision.
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