At the time of writing, Bitcoin is trading at $22,700 USD and Ethereum at $1,555 USD. The main story of last week continues into this week, being that cryptocurrency outperforming all asset classes by posting significant gains with BTC suddenly surging by more than 7% last Friday after a brief pullback in the middle of the week.
Month: January 2023
Master Your Finances: A Beginner’s Guide to the 50/30/20 Budget Rule
A budget can give you a sense of financial control and make it easier for you to save money for your objectives. Finding a system that works for you can help you feel like you have a better handle on your finances. Have you ever heard of the 50/30/20 budget rule? The rule is to split your income into three categories of spending: 50% on needs, 30% on wants, and 20% on savings. This simple and logical approach to building wealth can assist you in creating a realistic budget that you can follow over time to achieve your financial objectives.
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Coinsquare’s year in review for 2023
As the year comes to a close, it’s time to look back and reflect on the highlights and accomplishments of the past 12 months. For Coinsquare, it’s been a year of growth and expansion. In early 2022, we announced that we planned to expand our platform and add new features and services. This included the launch of the new Coinsquare, which introduced a number of advanced features and tools to help our users trade more efficiently and effectively. This was a major milestone for us, as it made it easier than ever for our users to access and trade cryptocurrency,
Market Commentary – January 11th, 2023
Crypto Market At the time of writing, Bitcoin is trading at $17,500 USD and Ethereum at $1,341 USD. Crypto markets are infamous for their volatility, however in spite of this, the holiday break was exceptionally quiet. Realized volatility over December for BTC declined to multi-year lows of 24.6%, of which there are very few instances with similar levels. However, all prior examples preceded much higher volatility environments on the road ahead, with most trading higher, and just one (Nov 2018) trading dramatically lower. On-chain activity for Ethereum and Bitcoin remain low. Bitcoin inflow volumes to exchanges are currently between $350M