Risk

Any business carries a risk and so is cryptocurrency trading. The digital currency market is volatile, so a trader has to come up with a calculative approach to use in leverage trading.

For the past week, buyers made two unsuccessful attempts to push LTC above the $46 resistance. The bears defended the recent high as LTC was pushed to the $43 low.

Bitcoin has continued to consolidate between $9,000 and $9,200 support. The king coin has been battling with rejection at $9,300 and $9,400 resistance.

A bureaucrat at the International Monetary Fund (IMF), an organization working to strengthen worldwide financial cooperation, proposed a way for the central bank (CB) and private companies to jointly operate the CBDC.

Regulations are meant to bring an element of market stability and reduce the risk from fraudulent operations on the market. However, in certain cases, regulations may damage the price and even pose certain cryptoassets under existential threat.

Recently, computer security researchers revealed that a new flaw in Intel’s SGX exposes sensitive user data to cyber criminals. The flaw in the Intel Software Guard eXtension poses a risk to cryptocurrency users can not be patched leaving users at a very high risk of losing their funds.

We bring you the methods a Bitcoin or digital currency user can use in order to get back his or her lost cryptocurrencies using a simple scenario that happened recently. Peter Schiff lost access to his bitcoins, but he figured out what the problem was. We tell his story and explain how to avoid such situations.

Several financial authorities across the globe are finding it hard to make verdicts when it comes to Bitcoin, Libra and other digital currencies: overregulate the industry and risk losing the advantage to most businesses and the economy at large, or fail to act completely and make themselves more defenseless especially to those that intensify.

The Chinese authorities move to reduce the use of paper money in the economy in a desperate attempt to control the spread of Coronavirus. Authorities are still puzzled how fast the corona strain is spreading between people.