General location name spoilers below, as spoiler-free as humanly possible If you’re wondering how to respec in Elden Ring, you’ve...

The post Here’s how to respec in Elden Ring and reset your stats appeared first on Destructoid.

It looks like cryptocurrency could really help with remittance payments and boost worker salaries in Africa. Study in Africa Shows the Power of Crypto A study was conducted in Nairobi, the capital of Kenya. In this nation – and several other nations of Africa – a new industry referred to as microwork has emerged over...

The post How Crypto Can Help with Remittance Payments in Africa appeared first on Live Bitcoin News.

Polygon (MATIC) price fails to capitalize on the previous session’s gains. MATIC opened higher but could not sustain the higher levels. The current price action could extend by another 10% to $1.35 before polygon set any directional basis. Polygon (MATIC) trades lower with significant losses. A decisive break below $1.26 could trigger a fresh round

The post Polygon (MATIC) Price Prediction: MATIC Downtrend Expected To Extend By 17% From Current Level appeared first on CoinGape.

The primary innovation seems to be the dropping of the "dot O."

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Yearn Finance got deployed to Ethereum’s L2 arbitrum and is now officially live so let’s find out more in today’s latest Ethereum news. YEarn Fiannce is a Defi protocol that provides yield farming, lending aggregation, and many other services. Today, it launched on another blockchain, the well-known Arbitrum. Arbitrum is the largest Ethereum layer 2 […]

After falling sharply in today’s session, Bitcoin (BTC) has for now regained a crucial…

The post Bitcoin (BTC) regains crucial support despite intensified military confrontations in Ukraine appeared first on Coin Journal.

Cryptocurrencies such as Bitcoin and Ethereum are traded on hundreds of various exchanges globally, and the price of a cryptocurrency on one exchange may differ from that on another exchange. Cryptocurrency arbitrage is a method in which traders purchase a cryptocurrency on one exchange and quickly sell that cryptocurrency for a higher price on another exchange.  This is where the old Wall Street tactic of ‘arbitrage’ comes into play. ‘Capturing the arb’ refers to profiting from the fact that an asset is selling for a low price in one exchange but a greater price in another. Traders use crypto arbitrage to take advantage of cryptocurrency’s lower price on one exchange by buying and selling it instantly for a higher price on another exchange.  Why are the Prices of Cryptocurrencies on Crypto Exchanges so Different? Centralized Exchanges The first thing to understand is that cryptocurrency pricing on centralized exchanges is determined by the order book’s most recent bid-ask matched order. So, the most recent price at which a trader buys or sells a digital asset on an exchange is termed the exchange’s real-time price. For example, if the most recently matched market order on an exchange is to buy bitcoin for $40,000, this price becomes the platform’s newest bitcoin price. The next matching order will determine the cryptocurrency price after that. Therefore, price discovery on exchanges is a constant process of deciding a cryptocurrency market price based on its most recent selling price. Decentralized Exchanges On the other hand, decentralized crypto exchanges utilize a different approach to price crypto assets. This is referred to as an ‘Automatic Market Maker’ approach since it relies on crypto arbitrage traders to keep prices consistent across exchanges. Decentral exchanges use liquidity pools rather than using an order book system to match buyers and sellers to trade cryptocurrencies at a specific price and volume. A separate pool must be set up for each cryptocurrency trading pair. What Are Different Types of Cryptocurrency Arbitrages? The most popular cryptocurrency arbitrage techniques used by crypto traders are discussed below: Deterministic Arbitrage This is the most common arbitrage technique. It entails traders purchasing and selling a digital asset on two exchanges at the same time to profit from market inefficiencies. The trader finds arbitrage opportunities on two different exchanges, buys the asset on the lower-priced platform, then sells the asset at a higher price on the higher-priced platform. Triangular Arbitrage It is also possible to profit from the uncorrelated pricing of three cryptocurrency pairs on an exchange, particularly if one of the cryptocurrencies is underpriced on the platform at the time. A trader may, for example, exchange BTC for ETH, convert ETH to SOL, and then trade SOL back to BTC. To summarise, this procedure entails shifting funds between BTC/ETH, ETH/SOL, and SOL/BTC combinations to accumulate more BTC. Decentralized Arbitration Traders use this approach to perform arbitrage trades on decentralized exchanges (DEXs) like Uniswap, Balancer, and Curve. Arbitrageurs can buy and sell pooled digital assets undervalued or overvalued on these various DEX platforms. These activities inevitably lead to price uniformity across Dexes like centralized crypto exchanges.   Statistical Arbitrage   This entails leveraging quantitative data models and algorithms to profit from large-scale arbitrage possibilities. Because the process is automated, an arbitrageur can make hundreds of deals in a matter of minutes, significantly increasing his or her profit potential.    Risks involved in Cryptocurrency Arbitrage  Losses   To be successful in crypto arbitrage, traders must execute trades fast so that they can profit from cryptocurrency price disparities across exchanges while they are still profitable.   A trader must be careful not to boost the buying price and decrease the selling price of a token by their own trades, especially in the thinly traded types of crypto that provide the widest spreads. Volume All crypto exchanges work similarly, and the pricing of crypto depends on the exchange’s most recent trade. It is important to remember that all trades are not made equal. Some trades happen with massive amounts of money, while others don’t trade with larger amounts. The trading volume on each influences the liquidity and accessible prices on a given exchange. Low volume could indicate that the exchange cannot execute a large enough trade to generate an investor’s profit. Low volume could also indicate that the trade is doable but will take too long to execute. Costs of Transactions Simultaneously, traders must watch the transaction fees associated with buying cryptocurrencies on different trading platforms. These fees will continue to fluctuate as the cryptocurrency markets develop, changing from exchange to exchange. Hacks & Fraud The cryptocurrency industry is mainly unregulated. There are also more chances of hacking, fraud, and monetary collapse. As a result, storing cryptocurrency safely is a hot topic among investors.

The post All you Should Know About Cryptocurrency Arbitrage appeared first on Cryptoknowmics-Crypto News and Media Platform.

Top US crypto exchange Coinbase is enduring plummeting trading volume and a decreased number of users in the first quarter of 2022, according to the platform’s CFO. Coinbase chief financial officer Alesia Haas says in a new company earnings call that Q1 of 2022 is “trending softer” than Q4 of 2021. Haas notes that the […]

The post After Prolific Q4, Coinbase Trading Volume Plummets Amid Lower Crypto Prices, According to Exchange’s CFO appeared first on The Daily Hodl.

Ripple’s (XRP) price could not sustain the previous session’s gains on Saturday. XRP bounce back strongly on Friday after the Russia-led war on Ukraine send shockwaves across global markets on Thursday. But the price finds it difficult to move beyond the 50-day EMA (Exponential Moving Average) as it hovers near the crucial barrier. Ripple (XRP)

The post Ripple (XRP) Price Prediction: XRP Remains Pressured Below $0.80 Near 50 EMA appeared first on CoinGape.

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been burned worth over $6.9 billion using today’s exchange…

The post Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion appeared first on Bitcoin News Miner.

DUBLIN–(BUSINESS WIRE)–The “Europe Plant-Based Food and Beverage Market – Growth, Trends and Forecasts (2022 – 2027)” report has been added ... Read More

The post Polkadot Breaks Through the Descending Trend, Will Dot Price Hit $28 or Plunge Back to $15? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Polkadot ever since smashed its highs began trending in a deep bearish well. The constant formation of lower highs and lows kept up a decent strength within a descending trend. However, swinging within some of the pivot zones, the DOT price has now approached a decisive phase. With just a wrong move, the price is …