An order book refers to an electronic list of buys and sells of a particular asset. The Order book also provide information to traders allowing them to make informed decisions on their trading strategies.
Historically, the Bitcoin market and other cryptocurrencies see large price fluctuations over the weekends and holidays. In addition, negative reports that occur on weekends tend to have a more significant effect on the market. This brings the question, "Should you trade on weekends?"
A short happens when a heavily shorted asset suddenly surges and pushing short traders to close their position to avoid a loss. We seen it happen with AMC and GME but how it really work?
The newly revamped Coins Pro is a cryptocurrency trading exchange where you can directly buy and sell digital currencies. Coins Pro works hand in hand with your Coins.Ph wallet which allows you to move funds easily between the two platforms.
Every time Elon Musk tweets something, it creates ripples and can move markets. Some have termed it "The Elon Musk" effect. Let's take a look at what it is and how we can leverage it.
Meme Coins like Doge and SHIB have taken the world by storm by growing an astronomical 88,886% and 10,390,371% respectively. But what makes Meme Coins grow at such rates?
Market cycles is a broad term referring to trends and patterns that appear during different markets. Within a cycle, certain assets will outperform others and vice versa. This can happen because of macroeconomic events or the influence of market players.