Mate Cser on June 26th, 2017.
Things got ugly really quickly today for the crypto-market, as the correction that we have been monitoring gathered speed, and the majors declined below key support levels, dragging the smaller coins lower as well. As we noted a couple of weeks back, (and updated our long-term view this weekend), the huge rally of the previous months...
Mati Greenspan on June 26th, 2017.
In a curious and completely unfair move, the Italian government has decided to issue a massive bailout of €17 Billion to close down two failing banks.
Mate Cser on June 26th, 2017.
The crypto-market continued its correction towards the end of the weekend, as we expected, with the long-term view still pointing to more consolidation in the majors and the smaller coins as well. Ethereum remains the leader of the move, as it is back to the crucial support zone which caused a bounce during the first phase of the...
Mate Cser on June 24th, 2017.
The majors and the smaller coins are still mostly in a corrective phase after the late-spring spectacular rally that was led by Ethereum, but also boosted by Bitcoins relentless rise to all-time highs. The several 100% moves needed to be corrected, and as we wrote two weeks ago in our previous long-term outlook on Bitcoin: “Is this the...
Justin OConnell on June 23rd, 2017.
NEO has been called “China’s Ethereum”. The Western market first collectively learned about Antshares, a smart contract and decentralized application (dApp) platform, just ahead of the company’s rebrand to ‘NEO’ – which is Greek for “newness”, novelty and youth. That merely one exchange offers bitcoin-NEO trades...
Mate Cser on June 23rd, 2017.
Some of the up-and-coming altcoins are finally showing strength today, although the lengthy, and possibly frustrating consolidation period is still “on”, according to the charts, with the small cap coins only regaining what they lost in recent days. That said, today’s price action is encouraging, despite the low trading volumes and the...
Mate Cser on June 23rd, 2017.
As we wrote in our previous look at fiat and cryptocurrency pairs, you can benefit from the properties of exchange rates n several ways. No matter if you are primarily a trader or an investor, it’s essential for you to be familiar with some of the simple methods in order to optimise your strategies and maximise your returns. Fiat...
Mati Greenspan on June 23rd, 2017.
The cryptocurrency and blockchain company Blockchain managed to raise $40 Million in order to expand their services into new regions and develop new products. The money came from a few different venture capital companies including Google Ventures. Too bad they didn’t do a flashy ICO like all the cool kids are doing these days. They...
Mate Cser on June 22nd, 2017.
Cryptocurrencies had a very quiet day, with Ethereum’s slide and Ripple’s pull-back defining sentiment. Bitcoin recovered after yesterday’s dip, and finished the US session near the $2700 level again. With financial markets definitely in summer mood, short-term traders might be in for more frustrating days and sudden moves in both...
Mati Greenspan on June 22nd, 2017.
At the end of the day, it seems I wasn’t the only one flustered by the Status ICO event yesterday. These ICOs are getting very popular and are an amazing way to get in on the ground floor of some really great projects, provided that people understand the risks of course.
Mate Cser on June 21st, 2017.
It’s been a strange and slightly bearish day for the crypto-market following the sudden spike lower in altcoins yesterday, as Bitcoin failed to follow through on its strength, but altcoins also acted weak, especially Ethereum. Ripple also pulled back heavily after its strong move while Litecoin remained strong, trading just below its...
Mati Greenspan on June 21st, 2017.
Yet another massive ICO hit the Internet last night. Status, who is building a browser portal to other decentralized apps, has seemingly just raised about $100 Million in just 3 hours.
Mate Cser on June 21st, 2017.
Altcoins got under pressure yesterday in late trading, and the up and coming coins also felt the sudden shift towards BTC following a promising Monday session. The consolidation patterns that were dominant before Monday are generally intact on the charts of the small cap coins, and the bullish overall picture remains unchanged, but the...
Mate Cser on June 20th, 2017.
Cryptocurrencies had another calm day, until the end of the US session, at least, when a tweet from Donald Trump regarding North Korea caused turmoil in financial markets. Altcoins were sold and Bitcoin got bought after the announcement that reignited speculation about a possible “intervention” by the US. Most coins recovered quickly off...
Mate Cser on June 20th, 2017.
XRP/BTC: Short-Term Buy XRP/BTC, 4-Hour Chart Analysis XRP’s price moved above the 0.000115 BTC level in active trading this morning, triggering a buy signal with a stop below the prior swing low below 0.0001. The move comes after a more than one-month-long consolidation, which brought the pair down by more than 60%. The primary...
Mati Greenspan on June 20th, 2017.
One of the keys to sustainability in any investment is diversification. Even if you’re dealing with extremely risky assets, just having an even mix of them is enough to bring your level of risk down drastically.
Mate Cser on June 19th, 2017.
The most promising up and coming coins experienced fairly similar price action in recent weeks, even as the rallies were not perfectly synchronized. Digibyte, Stratis, and Bitshares are all in sideways consolidation patterns after the strong advance in early June, while Zcash and Golem are taking a slightly different route, while still...
Mati Greenspan on June 19th, 2017.
There are two factors very important to price flow of any currency. The ability to obtain it, and the places you can spend it. In most places in the world, at present time, it is very easy to buy Bitcoins online, but there really isn’t anywhere to spend them outside of select internet websites. Well, the number of places to buy...
Mate Cser on June 19th, 2017.
The cryptocurrency market had a relatively calm weekend after the strong correction and rebound on Thursday and Friday. Litecoin’s surge to a new all-time high was the most important move of the period, while Dash also confirmed the relative strength that it has been showing, as it crept back up to the $200 level. ETC also broke out of...
Richard Howlett on June 17th, 2017.
Digital fraud continues to grow apace. More worryingly, the increasing variety and sophistication of the scams themselves has seen the number of people falling victim to scams growing just as fast. And we are no longer just talking about standard phishing. Today’s digital criminals are highly developed and extremely quick to jump on the...