Cryptocurrency news today
Smaller coins saw bigger moves as investors continued to digest the implications of a second term for President-elect Donald Trump. The payments coin XRP surged 11%. https://bluepixel-prod.com/defective-pixels-how-to-check/ The decentralized finance token tied to Cardano rocketed 40%. Memecoins dogecoin and Shiba Inu coin soared 17% and 31%, respectively.
Bitcoin’s price saw a 3% uptick, climbing to just shy of $30,000 in response to a plunge in global long-dated government bond yields. This fall in yields was triggered by China’s far weaker than anticipated trade numbers for July. The U.S. 10-year Treasury yield tumbled below the 4% mark. These macroeconomic shifts have seemingly buoyed the crypto market, with other notable cryptocurrencies like Solana (SOL), Toncoin (TON), and Chainlink (LINK) registering gains of over 4% at the time of writing.
The 2024 elections in the US, Asia, Europe and Africa are poised to influence the global regulatory framework for Bitcoin and crypto. Follow CoinDesk for essential updates and expert analysis to see what’s at stake.
How to trade cryptocurrency
Generally, you should try to understand the underlying technology of a cryptocurrency project. Delve into its blockchain architecture, consensus mechanism, and scalability. A robust and innovative technology can indicate a project’s ability to solve real-world problems and gain adoption.
Crypto trading can be an exciting and potentially profitable venture, but it’s important to understand that it can also be risky. Before getting started with crypto trading, it is important to have adequate knowledge and understanding of the associated risks to make better decisions. Below, we discuss how to buy crypto, choose an exchange, and sell crypto.
After you’ve performed demo trading and you’re feeling somewhat confident in your skills, conduct an actual trade with a small amount of money. This will minimize your risk of losing all your money, especially given that you’re a beginner and your skills are untested. If you make a loss, go back to demo trading. Also, do more research to find out what you’re doing wrong.
In this guide, we’ll break down all the essentials to help you understand crypto trading basics, setting up secure wallets, and making your first trades. You’ll also learn about Cryptal—a beginner-friendly exchange with low fees and versatile funding methods—to help you start trading with confidence.
A crypto exchange is where you’ll conduct your trades, and choosing the right one is essential. Cryptal is a great choice for beginners due to its easy-to-navigate platform, low fees, and comprehensive funding options, including free fiat deposits and withdrawals with 0% commission. Let’s move on to setting up your account on a trusted exchange.
Cryptocurrency mining
Manage and monitor your devices performance, health, power and run-status at your desk or on the move from your dedicated Cudo Web Console. Build custom templates, manage your devices, track commissions and make withdrawals into your own cryptocurrency wallet directly from the console. Peace of mind that you are always in control of your environment.
Our desktop mining rig is based around an Intel Core i7-5930K CPU and 32GB of memory. We’re running Windows 10 build 1083 and made use of NVIDIA’s release-day GeForce drivers (version 411.63) for the RTX 2080. These drivers seemed stable on our setup and we saw no unusual errors under the hood on our mining software.
If you’re mining on a rig, this feature ensures that you can access controls when required without maxing resources. Also great for ensuring the miner does not get in the way of day-to-day productivity for those mining on a standard PC.
If you don’t have a dedicated mining rig or ASICs, chances are you’ll want to ensure mining doesn’t interfere with your computer’s performance while you’re using it. Cudo Miner sits dormant in the background on your computer and will intelligently start mining whatever is most profitable for you when your system is idle.