Crypto Trends in October 2022
It’s October! What's trending in crypto this month?
Ethereum PoS: One Month On
It’s been almost one month since Ethereum (ETH) transitioned to a proof-of-stake (PoS) consensus method, so what’s happened since and how’s the network faring? Well, prices haven’t exactly skyrocketed - in fact, ETH is down by about 20% over the past 30 days! However, many analysts predicted a ‘teething period’ wherein Ethereum would take some time to adjust to the new consensus method, so be patient.
One notable knock-on effect of the merge is a significant drop in the price of GPUs used for mining, which are now in far less demand. While Ethereum Classic (ETC) - along with the newly created Ethereum fork ETHW - enjoyed a sudden spike in hashing power following the merge, this too has tapered off as more and more miners shut down their unprofitable operations.
Hope on the Horizon for BTC?
Bitcoin (BTC) has been trading horizontally for several weeks now with little sign of movement in either direction. Crypto analysts seem at odds in their predictions, with some calling for an imminent bull run while others expect more losses to the downside. At this point, even the most bullish of analysts wouldn’t mind a further dip - just to see some action!
However, hope is on the horizon. Based on previous Bitcoin cycles, late October or early November is approximately the position where Bitcoin should ‘bottom out’ and begin a reversal to the upside. If history repeats itself, we could be seeing some positive growth for BTC starting from next month.
Crypto Scams on the Rise
Crypto scams are on the rise again as the market struggles to adapt to new regulatory measures. Phishing scams, in particular, have become a popular way for hackers to steal user credentials and break into crypto accounts. This increasingly common hacking method uses realistic-looking emails or websites to trick users into passing over their personal information, which is then used to access accounts.
Always be sure to double-check where an email originates from or verify that the website you are visiting is genuine. It’s best practice to bookmark the correct website address and only ever use your saved bookmark when visiting the site - this way you won’t be tricked into visiting a fake website.
Regulatory tightening and EU MICA - risk or opportunity
In this article, we’ll discuss the upcoming Markets in Crypto Assets (MiCA) bill proposed by the EU Parliament. ...
The 5 Main Types of Crypto Attacks
In this article, we’ll examine the five main types of attacks that target cryptocurrency users.
Crypto Trends in September 2022
It’s September! What's trending in crypto this month?
Bitcoin Showing Signs of Resurgence After Catastrophic Dip: What's Contributed?
The Crypto Winter looms even as Bitcoin’s price shows signs of stabilising and resurging. Read on to discover ...
Tesla Sells Bitcoin Holdings: Will This See the Beginning of a Trend for Other Businesses Who Hold Crypto?
Tesla has sold off 75% of its Bitcoin holdings. Click here to find out why and whether other businesses will be ...
All About Crypto Seasonality
The total market capitalization of the top 100 cryptocurrencies has increased over the past seven years from ...
Getting to Grips with Arbitrage
The world of trading has many different tricks and tools refined over the years by strategists and financiers, ...
The Crypto Winter: Are There Any Advantages?
It seems that another crypto winter is among us, but what does it mean and are there any advantages? Click here ...
The Comparisons Between the 2018 Crypto Bear Market and Now: Are They Useful?
Cryptocurrency is currently heading into another bear market. Click here to find out how noting comparisons can ...
The Blossoming Intersection of Fashion and Crypto: What Does the Future Hold?
Over the last few years, fashion and crypto have been entwined together. Click here to find out what this means ...
Could Post-Merge Ethereum Have a Centralization Problem?
Ethereum recently completed its merge into Ethereum 2.0. Click here to find out if this will bring about a ...
Instagram to Add Support for NFTs
Instagram to launch NFT functionality on its platform in 100 countries worldwide
Can Ethereum’s Ecosystem Keep Its Future Bright Amidst This Crypto Winter?
Ethereum has steadily been building an ecosystem unlike any other. Click here to find out why its future remains ...
Buterin Criticises Bitcoin’s Stock-to-Flow Price Prediction Model – But What Is It?
The stock-to-flow prediction model has caused a mixed reaction amongst the crypto community. Click here to find ...
AVAX, the Ethereum Killer: What You Need to Know
AVAX, which is a token run on the Avalanche blockchain, is said to be the Ethereum killer. Click here to find out ...
A ‘Digital Library of Italian Culture’ in Puglia: Is It Expanding NFT Use to New Areas?
The University Aldo Moro is currently using NFTs as a way to reignite the culture of Puglia. Click here to find ...
Crypto’s Position in the Italian Economy: Will It Only Grow and What Would Regulation Do?
Crypto is continuing to grow in the Italian economy. Click here to find out how and what regulation might mean ...
Will the EU Adopt a Digital Currency?
Cryptocurrency is growing across the world, with more and more countries starting to embrace it. Click here to ...
Ethereum’s Proof of Stake System: Do Other Coins Use It?
Ethereum is currently switching to the proof of stake system. Click here to find out what this means and whether ...
We will conduct scheduled maintenance from 06:00 am to 06:30 am (UTC+2) on 04.04.2023
We are listing Render (RNDR) on Zonda
Next week we are listing RNDR, the token of The Render Network
We are updating our fee structure
To provide a better service to our customers, we are updating our fees for all markets on the exchange.
We won the award for Most Beginner Friendly Exchange Of The Year
We are at the AIBC Eurasia conference in Dubai this week and were honoured to receive this prestigious award.
Cosmos (ATOM) network upgrade
Cosmos (ATOM) network upgrade will take place on 15.03.2023 at 08:00 (GMT+1).
Scammers are using fake social media pages to impersonate Zonda!
Beware of fake social media profiles pretending to be Zonda
Details regarding the LPT airdrop distribution
We will conduct scheduled maintenance from 6:15 AM to 7:00 AM (UTC+1) on 06/03/2023.
We are not currently supporting Chiliz (CHZ) Chain 2.0
Please don’t make transfers using new Chiliz Chain 2.0 mainnet.
The Live Peer Token (LPT) airdrop is coming!
We will be running an airdrop of LPT tokens on 6 March.
4.04 Illegal Activities in Crypto
In this lesson, we explore recent statistics and discover insights about criminal activities related to ...
4.03 DLT Pilot Regime
The Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based ...
4.02 Digital Operational Resilience Act (DORA)
In this lesson you will learn more about the Digital Operational Resilience Act (DORA), which as a part of ...
4.01 Markets in Crypto Assets (MiCA)
In this lesson you will learn more about MiCA, which aims to be the first comprehensive law regulating ...
3.03 The Dow theory: principles and statements
This lesson helps you understand the principles and statements of Dow’s theory.
3.05 Candlestick charts and patterns
This lesson focuses on understanding candlestick charts and patterns.
2.05 Bid-Ask spread and slippage
This lesson explains bid-ask spread and slippage.
2.04 Understanding market capitalization
This lesson centers on understanding cryptocurrency market capitalization.
2.03 Common crypto trading terms
This lesson is a compilation of the most commonly used crypto trading terms.
2.02 How to start cryptocurrency trading
This lesson explains a step-by-step process on how to start cryptocurrency trading.