Robinhood Crypto App Adds Candlestick Charts Due to Popular Demand

Mobile trading app Robinhood is rolling out candlestick charts to “better inform” its users, the company announced Tuesday. After a rollout over the next two weeks, all Robinhood users will be able to see the new chart option – a tool traders use to monitor price activity – for each of the 16 different cryptocurrencies […]

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Crypto Trading 101: An Introduction to Support and Resistance

New to crypto trading? Read CoinDesk’s full set of guides. Are you a crypto trader struggling to find a footing in a volatile crypto market? If yes, then the first thing you need to master is the art of identifying support and resistance levels. Imagine bouncing a ball inside your house. There are two barriers […]

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Crypto Trading 101: Simple Charting Patterns Explained

In the world of crypto trading, recognizing patterns can yield more than insights. In fact, this skill is what traders use to determine the strength of a current trend during key market movements and to assess opportunities for entries and exits. In short, patterns can be useful in determining which direction price is likely to go. Further, […]

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The EU’s Biggest ETF Firm Expands Into Crypto Products

Europe’s largest trader of exchange-traded funds (ETFs) is now entering the crypto world. Amsterdam-based speed trader Flow Traders NV co-CEO Dennis Dijkstra told Bloomberg Thursday that his firm was expanding its trading products to exchange-traded notes (ETNs) based on bitcoin and ether. XBT Provider, a Stockholm-based firm that offers ETFs based on bitcoin and ether, […]

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Ethereum Classic Investment Trust (ETCG) Trading at 300% Premium

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. The Ethereum Classic Investment Trust (OTC: ETCG) is currently trading at a premium of more than 300 percent over the value of the fund’s underlying assets. The fund, a product of Grayscale Investments, provides investors with exposure to ethereum classic (ETC) by […]

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Danske Bank Rules Out Crypto Trading But Won’t Block Credit Cards

The biggest bank in Denmark, Danske Bank, has released a report criticising cryptocurrencies over perceived risks and lack of transparency. In the document released on Sunday, the bank provided three primary reasons why it is overall “negative” towards cryptocurrencies, despite the growing attention they have received from among consumers and investors. Since cryptocurrencies do not come […]

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Chinese Politician Suggests a State Blockchain Assets Trading Platform

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Potentially bullish news from China: A high-ranking official has called for a national digital asset trading platform to be established. Chinese People’s Political Consultative Conference (CPPCC) member Wang Penjie made the statements earlier this week. The move would follow strict guidelines, with […]

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Singapore Deputy PM: ‘No Strong Case to Ban Cryptocurrency Trading’

Singapore’s government has indicated that it sees no need to prohibit cryptocurrency trading. Tharman Shanmugaratnam, Singapore’s deputy prime minister and chairman of Monetary Authority of Singapore (MAS), said in a written response to MPs yesterday that cryptocurrency and related trading activity currently do not pose any threat to Singapore’s finance system. He stated that MAS has […]

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