As the crypto industry is growing significantly there are certain key stakeholders who have a lot to pitch in for the sector. These include reliable crypto projects, as well as popular cryptocurrency exchanges like Coinbase have an influence over the market.
Author: BlockchainJournal
The volatility of the cryptocurrency market is a well-known phenomenon in the financial industry. There is no example of such price fluctuations in any form of market. Therefore, as it poses a great profitable opportunity to the investing sector, it also puts them at a risk for major losses in no time. However, with proper risk management, crypto traders have made huge gains during different market phases.
As the global community continues to inculcate digital practices in different sectors and industries, the concept of blockchain and crypto is also gaining immense popularity at the international level.
The volatile cryptocurrency market is relatively unforgiving when it comes at major price swings. The crypto community has witnessed several occurrences of a crashing market.
With hundreds and thousands of cryptocurrencies in the world, investors have tons of opportunities of making profits at their disposal.
One of the most basic yet significant features of the crypto market is its volatility. The highly volatile market can produce massive gains one day, and still, it might crash the very next day.
With the increasing popularity of cryptocurrency, the concept has extended its wings to different branches, like NFTs and DeFi. All of this is done to enhance the digital experience of the user sector, and the positive response from the public shows that these concepts ensure longevity and usability in their projections.
Binance Australia has announced the appointment of Leigh Travers, the former chief executive of DigitalX as the company’s new CEO.
The last couple of weeks have been incredibly benefitting for the cryptocurrency community, as most of the coins have went on to make double figure gains.
With the growing bullish sentiment in the cryptocurrency market, many coins are upscaling at a fast pace. Not only the big guns of the market but even the smaller projects are also making their presence felt.