CoinCarp Blog

  "Once you buy a crypto asset, it falls, however, if you sell, it rises." These are probably two mistakes that investors often make. So why does it happen? Generally speaking, the crypto market is relatively new, as well as blockchain technology, it is easier to issue a token or coin than issue securities on the traditional stock market. In this case, the crypto world is a place that lacks regulations and attracts big whales to use different schemes to manipulate the market. Some tactics are immoral or even illegal. One of the schemes is the pump and dump scheme. What Is a Pump and Dump Scheme in Crypto World? The pump and dump scheme in the crypto world is similar to the stock market. The theory is quite simple. An investor or a group of investors purchase a thinly traded crypto asset when the price is quite low. Then they will spread the positive false news of the target crypto asset to the public to attract retail investors to purchase. The more retail investors rush to t

  Dear Customers, We are happy to announce that the new version of CoinCarp.com has been released on Mar.24. New tool has been added to this update.

  Inflation is the process through which a currency's value depreciates over time, leading consumer goods prices to rise. Because most economists feel that some inflation is beneficial to the economy, the United States government, for example, has issued far more money than consumers require for decades. Inflation occurs when the value of a currency, such as the dollar or the Euro, depreciates over time, causing the cost of commodities to rise.  Bitcoin  (and a few other cryptocurrencies) are built to have predictable and low inflation rates. One feature that has attracted investors to cryptocurrencies, notably Bitcoin, is the belief that they are more resistant to inflation than fiat currencies like the US dollar. Bitcoin, on the other hand, has risen in value far faster than the US dollar has fallen in value, rising from near zero in 2010 to over $67,500 in late 2021. (Because Bitcoin is such a volatile market, it has witnessed huge rises and falls, but the overall trend has been

  Crypto for Congress The past 1 year is the first time members of Congress entered the world of cryptocurrency. For representatives, 2021 will not only be the first year of legislative restraint on the cryptocurrency market, but also the first time cryptocurrencies have entered their portfolios. The average age of representatives of the 117th Congress is 58.4 years old, and the average age of senators is 64.3 years old. Although it looks older, judging from related news and disclosures, age has not become an obstacle for some of them to learn about the crypto world. A total of 6 members of Congress disclosed their involvement in cryptocurrency transactions in the filing records, including 4 members of the House of Representatives and 2 members of the senators, who are: Federal House of Representatives: Felix Barry Moore: Invested $45k in  ADA  and $15k in  ETH Mary Newman: Invested up to $50,000 in  GBTC Mark Green: About $15,000 to $30,000 were bought and sold on  BAT ,  CELO ,  DOGE

  Which Marketplace is Best for NFT? More than just where to sell your art is at stake when selecting the correct  NFT  marketplace. You should think about which platform is suitable for the type of NFT you're making, how much, if any, the marketplace will charge per sale, and which blockchain it will use. The majority utilize Ethereum, although others prefer newer blockchains since they have lower gas fees (the cost of creating the NFT) and a lower carbon impact. If you're new to NFTs and want to know what they are, go no further than our guide. After you've decided on one of the NFT marketplaces listed below, you'll need to create your NFT. If you're looking for the best sites to buy and sell these NFTs, have a look at the list I put together below. OpenSea OpenSea, which is commonly recognized as the largest NFT marketplace in terms of volume, is ranked first. Opensea is a peer-to-peer auction platform for NFT goods, you can think of it as the eBay of the NFT wor

  Bitcoin ETF Ticker Symbol The first US Bitcoin ETF was launched on Tuesday (US time), ending the cryptocurrency community’s approximately six years of anticipation.  ProShares' ETF will begin trading on the New York Stock Exchange (NYSE) Arca under the ticker symbol $BITO.  However, the ETF will focus on  Bitcoin  futures instead of holding spot Bitcoin, which is slightly different. It will be online but it does not mean that it will be available to everyone. Let's take a look at some of the main issues surrounding the large number of Bitcoin ETFs. What are the Differences between Futures ETF VS Spot ETF? With Gary Gensler managing the US Securities and Exchange Commission (SEC), the agency seems to have decided to approve the launch of Bitcoin futures ETFs—instead of ETFs based on spot trading. There are some key differences between the two. For spot ETFs, the value of the ETF will closely depends on the spot price of the underlying asset. In the case of a Bitcoin ETF, it is