Crypto Lexicon – DCA

DCA is short for Dollar Cost Averaging. This is an investment strategy used by cryptocurrency investors who HODL, or hold a crypto, for longer term gains. Under DCA, a fixed dollar amount of Bitcoins, or the chosen cryptocurrency, is bought Read More →

Cryptocurrency Daily Roundup – May 22

Cryptocurrencies are trending lower for a second straight day, as sentiment was damped by some dismal predictions regarding the future for the top cryptocurrency, Bitcoin. Here is a wrap of the main news from the cryptocurrency and blockchain space over Read More →

USD holds tight despite easing from 5-month highs; Asia subdued despite positive US handover

Dollar remains supported despite easing from yesterday’s 5-month highs. Helping the USD’s trajectory higher were the generally robust US data and rising US treasury yields.

The US Dollar index (DXY) measuring the strength of the USD against a basket Read More →

Crypto Lexicon – ICO

ICO is short for initial coin offering. This is a public offering of a cryptocurrency or token to early investors, who can buy them with leading cryptos such as Bitcoin and Ethereum. An ICO is similar to the initial public Read More →

Cryptocurrency Daily Roundup – May 15

Bitcoin and its peers were in the red Tuesday morning after a rebound a day earlier. Market sentiment may have been hurt by comments from St. Louis Fed chief that cryptocurrencies cannot challenge the dollar supremacy and the news that Read More →

Crypto Lexicon – Bitcoin Maximalist

A Bitcoin maximalist is someone who does not attach much value to altcoins. They believe Bitcoin is the original and only cryptocurrency and other cryptocurrencies are fake. They refuse to accept that there can be cryptocurrencies that are better than Read More →