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Is It Worth It To Trade Crypto CFDs?

CFD is a rather unknown term for an exclusive cryptocurrency trader. It is more in common with other traditional asset traders around the markets. The meaning of the term is “Contract for Difference”. They are usually used by specialized brokers around the world, to provide various assets on their platforms. Now, why are they a relevant topic for cryptocurrency traders? Well, the fact is that CFD brokers are now offering crypto CFDs as well. It is only natural to ask, which trading strategy is better than the other. In fact, the question arose most commonly in South Africa. You see,...

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Ripple (XRP) Faces Strong Rejection At 21 Day EMA Against Bitcoin (BTC)

Ripple (XRP) has just faced a strong rejection at the 21 day exponential moving average against Bitcoin (BTC). This is a strong setback for XRP/BTC considering the price is already in a do or die situation. The only thing that could save Ripple (XRP) from significant further downside is a rise above the 50 day moving average. If it fails to do that and faces a rejection at the 50 day moving average, we might see a strong decline below the 200 day moving average. If the price falls below the 200 day moving average, we could see it flash...

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Did Ripple Bribe Coinbase?

The head of XRP markets at Ripple, Miguel Vias denied all allegations of paying off Coinbase to list the third largest cryptocurrency on their exchange. Unless you’ve been living under a rock for the past few weeks, Ripple’s native token XRP has been listed on Coinbase Pro. Soon after it was listed, rumours surfaced that suggested Ripple had bought their way onto the platform as it quickly became clear that the XRP token was breaking one of the regulations that are required to get onto the exchange. The response followed a series of bribery accusations which was aimed at Coinbase...

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Tether To Claim USDT Is Fully Backed By $USD, Again

We write this article pretty frequently, I’d say at least three times a year, however, as the world’s most traded stablecoin, it’s important we report the news, right? Tether have once again hit the headlines regarding their US Dollar pegged stablecoin, USDT and theories about whether or not USDT fully backed by the US Dollar, meaning for each ever USDT in existence, there is $1.00 behind it, this is what gives stablecoins value and also stops them from being exposed to the volatility of regular cryptocurrencies. Stablecoins are pegged to FIAT currencies and they allow investors to make crypto to...

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Bitcoin (BTC) Likely To Complete Its Final Move To The Upside This Week

Bitcoin (BTC) is long overdue for one strong move to the upside that can complete the bullish gartley pattern seen on the daily chart for BTC/USD. This move would also position Bitcoin (BTC) for a fall on the weekly time frame and thus set the ground for the final corrective wave to the downside. However, before that happens, a move to the upside is mandatory. We have called for this move in most of our previous analyses but the price has been stalling this move so far. We also mentioned that this move will occur around the end of a...

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