The crypto market has been in a brutal downtrend, which means there is widespread fear and a strong hesitation to reenter positions. Some investors lost significant capital during the drawdown and could have less money to risk at this time. Others might simply want to see more of a recovery from the asset class before going long.
UST, WAVES, KDA, MKR and HNT are the lowest performing cryptocurrencies this week. Altcoins failed to sustain their recent rallies as they are rejected at their respective resistance levels. The cryptocurrencies could fall further if the previous lows are breached.
Helium, IoTeX, UNUS SED LEO, and Huobi tokens, with the exception of Bitcoin Cash, are struggling to stay above their moving averages. The worst-performing altcoins risk further declines as they trade in the bearish trend zone. Here are some of those cryptocurrencies.
On December 7, Icelandic utility Landsvirkjun decided to restrict energy supply to industrial companies such as aluminum plants and cryptocurrency miners. The reason for this move is a massive energy shortage.
The Covid 19 pandemic has forced many companies to adopt work from home (WFH). Many firms prefer flexible working arrangements despite the risks involved. The UK Financial Conduct Authority (FCA), for example, has poured millions into improving WFH operations.
Nowadays, it is difficult to imagine life without gadgets. People tend to trust them with the most valuable information, including sensitive data and banking details. It's no wonder that if a device is lost, the consequences can be severe.
The peer-to-peer Covesting copy trading module has received a crucial risk management update, designed to provide users – notably followers – with more intel to use related to a strategy manager’s margin allocation.