Welcome to Nominex official channel.
Nominex will be the first exchange to bring together wide range of professional trading instruments and 100+ cryptocurrencies. Enjoy high-speed transfers and crypto-fiat trading pairs under customizable user interface. On Nominex you will be able to track your portfolio perfomance and safely store your assets. Invite your friends and get rewards with multilevel referral program.
We are developing a product that will make a difference in cryptocurrency trading. Our highest priorities are platform’s security and perfomance.
Be the first one to try out. More news are coming soon, stay tuned!
Nominex will be the first exchange to bring together wide range of professional trading instruments and 100+ cryptocurrencies. Enjoy high-speed transfers and crypto-fiat trading pairs under customizable user interface. On Nominex you will be able to track your portfolio perfomance and safely store your assets. Invite your friends and get rewards with multilevel referral program.
We are developing a product that will make a difference in cryptocurrency trading. Our highest priorities are platform’s security and perfomance.
Be the first one to try out. More news are coming soon, stay tuned!
In cryptomarket as well as in traditional markets there are two approaches to predict an asset’s price.
Fundamental analysis (FA) implies an in-depth analysis of the economy and the industry to determine whether the market has correctly priced an asset and its future value. In crypto market it’s important to understand the underlying technology of cryptocurrencies and legal environment. The goal of FA is to establish a digital asset’s intrinsic value and profit from by buying and holding it in the long run.
Technical analysis (TA) is based primarily on graphical charts and analytical tools. It focuses on study of historical price to forecast future trends. Common terms in TA are trend lines, moving averages, resistance and support levels. Technical analysis is applicable within shorter periods of time.
Fundamental analysis (FA) implies an in-depth analysis of the economy and the industry to determine whether the market has correctly priced an asset and its future value. In crypto market it’s important to understand the underlying technology of cryptocurrencies and legal environment. The goal of FA is to establish a digital asset’s intrinsic value and profit from by buying and holding it in the long run.
Technical analysis (TA) is based primarily on graphical charts and analytical tools. It focuses on study of historical price to forecast future trends. Common terms in TA are trend lines, moving averages, resistance and support levels. Technical analysis is applicable within shorter periods of time.
JVCEA plans to limit margin trading
The Japan Virtual Currency Exchange Association (JVCEA) plans to impose a limit on how much investors can borrow when marging trading on member exchanges.
Margin trading is the practice of borrowing money from a broker, so that investors can buy and later sell more crypto assets that they can afford. The use of this instrument can yield substantial profits but margin trading is rather risky in volatile cryptocurrency market.
Jiji Press reported on July 24 that the JVCEA plans to place the restriction of borrowing up to 4 times investor’s deposit to protect domestic investors.
JVCEA was formed by Japanese crypto exchanges in response to Coinheck’s hack earlier this year and aims to create self-regulatory environment to prevent regulators from getting involved.
The Japan Virtual Currency Exchange Association (JVCEA) plans to impose a limit on how much investors can borrow when marging trading on member exchanges.
Margin trading is the practice of borrowing money from a broker, so that investors can buy and later sell more crypto assets that they can afford. The use of this instrument can yield substantial profits but margin trading is rather risky in volatile cryptocurrency market.
Jiji Press reported on July 24 that the JVCEA plans to place the restriction of borrowing up to 4 times investor’s deposit to protect domestic investors.
JVCEA was formed by Japanese crypto exchanges in response to Coinheck’s hack earlier this year and aims to create self-regulatory environment to prevent regulators from getting involved.
Current Market Snapshot
A total of 1679 cryptocurrencies and tokens are listed on Coinmarketcap with Total Market Capitalization exceeding $300 Billion.
Top 3 gainers over the past 24h are SophiaTX (66.41%), Refereum (50.30%), MinexCoin (40,31%).
Top 3 losers are Engagement token (-34.46%), Sp8de (-32.49%), Maecenas (-31.11%).
A total of 1679 cryptocurrencies and tokens are listed on Coinmarketcap with Total Market Capitalization exceeding $300 Billion.
Top 3 gainers over the past 24h are SophiaTX (66.41%), Refereum (50.30%), MinexCoin (40,31%).
Top 3 losers are Engagement token (-34.46%), Sp8de (-32.49%), Maecenas (-31.11%).
What do the terms “bearish” and “bullish“ markets mean?
The terms came from traditional financial markets and are frequently used among crypto traders.
Investors refer to a bullish market when a market is experiencing a significant uptrend and is gaining value. They feel confident anf optimistic and are eager to buy crypto assets. During bullish market you will observe increased demand with dwindling supply. The term "bullish" comes from the similarity of bull striking upwards with its horns with rising pattern on price charts.
On the contrary, bearish market is a state when a market experiences significant losses. Traders hold pessimistic views and sell their assets off. Asset supply is high, whereas demand is low. The term "bear" comes from the resembles of bear striking downward with its paws with the falling trend represented graphically.
The terms came from traditional financial markets and are frequently used among crypto traders.
Investors refer to a bullish market when a market is experiencing a significant uptrend and is gaining value. They feel confident anf optimistic and are eager to buy crypto assets. During bullish market you will observe increased demand with dwindling supply. The term "bullish" comes from the similarity of bull striking upwards with its horns with rising pattern on price charts.
On the contrary, bearish market is a state when a market experiences significant losses. Traders hold pessimistic views and sell their assets off. Asset supply is high, whereas demand is low. The term "bear" comes from the resembles of bear striking downward with its paws with the falling trend represented graphically.
Bloomberg: A closed-door event was held by Nasdaq Inc. to discuss cryptocurrency policy.
Representatives from about half a dozen companies gathered together in Chicago earlier this week. Among the parties present were traditional exchanges as well as Gemini and other crypto markets. The meeting was held to help the industry establish a path for improving its image and validate its potential role in the world’s economy. The Nasdaq event tackled the topic of cryptocurrency market regulation, it’s implication and the tools needed.
Representatives from about half a dozen companies gathered together in Chicago earlier this week. Among the parties present were traditional exchanges as well as Gemini and other crypto markets. The meeting was held to help the industry establish a path for improving its image and validate its potential role in the world’s economy. The Nasdaq event tackled the topic of cryptocurrency market regulation, it’s implication and the tools needed.
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Are you a storing your BTC properly?
Cold wallets are considered the most secure ones for cryptocurrency holders. Here is some information about different types of cold storage for bitcoin.
📍Paper wallet represents a piece of paper with printed public and private keys to send and receive BTC. Since the keys are stored offline, this wallet type is immune to hacker attacks. It’s recommended to disconnect from the internet when generating the keys.
📍Hardware wallet is used to store offline user’s private key in a hardware device, that usually reminds a simple USB-stick. The keys cannot be transferred out of the device in plaintext. Some of the popular wallets are Ledger Nano S and Trezor.
📍Physical Bitcoin has an appearance of an actual coin and has a certain amount of BTC pre-loaded. The value of a physical version of the most popular cryptocurrency cannot be spent as long as the private key remains hidden.
Cold wallets are considered the most secure ones for cryptocurrency holders. Here is some information about different types of cold storage for bitcoin.
📍Paper wallet represents a piece of paper with printed public and private keys to send and receive BTC. Since the keys are stored offline, this wallet type is immune to hacker attacks. It’s recommended to disconnect from the internet when generating the keys.
📍Hardware wallet is used to store offline user’s private key in a hardware device, that usually reminds a simple USB-stick. The keys cannot be transferred out of the device in plaintext. Some of the popular wallets are Ledger Nano S and Trezor.
📍Physical Bitcoin has an appearance of an actual coin and has a certain amount of BTC pre-loaded. The value of a physical version of the most popular cryptocurrency cannot be spent as long as the private key remains hidden.
eToro’s Mati Greenspan: CBOE’s VanEck Bitcoin ETF has a chance to be the first to get SEC’s approval
According to eToro Senior Analyst Mati Greenspan, VanEck Bitcoin ETF is created to suit the needs of institutional investors. With the support of a trusted counterparty and regulated exchange the insured VanEck’s ETF may hold up to SEC’s scrutiny.
Previously, SEC rejected Bitcoin ETF proposal by the Winklevoss twins.
According to eToro Senior Analyst Mati Greenspan, VanEck Bitcoin ETF is created to suit the needs of institutional investors. With the support of a trusted counterparty and regulated exchange the insured VanEck’s ETF may hold up to SEC’s scrutiny.
Previously, SEC rejected Bitcoin ETF proposal by the Winklevoss twins.