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Bitcoin

How to Invest in a Decentralized Economy?

Posted on May 22nd, 2017.

Australian-born Michael Dunworth, CEO of Silicon Valley-based blockchain Wyre, has said that financial advisors should invest in Bitcoin to understand the currency better in the decentralized economy. In a report from the Financial Standard, Dunworth said: “You don’t have to break the bank. You could invest $10, $100 or...

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Recommendations

Investment Recommendations May 22nd

Posted on May 22nd, 2017.

GOLD: Long-Term Buy (Update) Gold Futures, 4-Hour Chart Analysis Gold is trading in a short-term consolidation pattern after hitting the $1260 last week. The precious metal held up well amid the rebound in risk assets, as the political fears regarding Trump’s position continue to fuel demand for safe-have assets. The metal faces multiple...

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Analysis

Daily Analysis: Ethereum and Bitcoin Skyrocket while Stocks Remain Stable

Posted on May 22nd, 2017.

Monday Market Recap Asset Current Value Daily Change S&P 500 2381 0.05% DAX 12588 -0.40% WTI Crude Oil 51.08 0.73% GOLD 1256.00 0.19% Bitcoin 2187 4.21% EUR/USD 1.1232 0.24% European stocks continue to underperform their global peers so far today, as the recent strength of the Euro weighs on local equities. Angela Merkel told the...

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Cryptocurrencies

The Weak & the Strong

Posted on May 22nd, 2017.

The old saying in the market “buy the rumor, sell the news” only sometimes applies to cryptocurrencies.

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Analysis

Analysis: Ripple, Dash, Stellar Lumens, Bytecoin & Gnosis

Posted on May 22nd, 2017.

Ripple Ripple gave a false break (highlighted) when it closed above the arc.  It was a buy signal which I tweeted, but then price fell back to the arc again.  It happens.  There is a 1×1 from the swing low which should support price at .32 (assuming the bull market is still intact).  Below there is a good place for a stop, IMHO....

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Bitcoin

Market Overview: 5 Things to Watch Next Week

Posted on May 21st, 2017.

Asset Current Value Weekly Change S&P 500 2380 -0.45% DAX 12638 -1.22% WTI Crude Oil 50.48 4.77% GOLD 1255.00 2.11% Bitcoin 1985 13.43% EUR/USD 1.1205 2.74%   1. All eyes on the VIX as volatility is creeping back The low volatility period that lasted for several weeks, ended abruptly on Wednesday, as we anticipated as the internal...

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ICO

ICO Analysis: Much Ado About OneGram

Posted on May 21st, 2017.

Hacked received a tip about an upcoming ICO called OneGram. We began our investigation and immediately noticed more than one red flag. Some digging revealed more concern. This report is not meant to be a condemnation of OneGram, and certainly not a warning against alternative money systems that comply with religious convictions around...

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Analysis

Weekly Altcoin & Bitcoin Analysis: Time to Short Bitcoin?

Posted on May 21st, 2017.

It was an exciting week for crypto traders. It seems like there are an ever-increasing number of traders joining the party doesn’t it?  Given that just a year ago there was just a handful of traders compared to now, and we still have not even scratched the surface of the number of traders out there still trading Forex exclusively, the...

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Analysis

Weekly Analysis: Bitcoin Takes on $2000 as Stocks Hit by Trump-Scandal

Posted on May 20th, 2017.

Weekly Recap Asset Current Value Weekly Change S&P 500 2380 -0.45% DAX 12638 -1.22% WTI Crude Oil 50.48 4.77% GOLD 1255.00 2.11% Bitcoin 1985 13.43% EUR/USD 1.1205 2.74%   Global stocks had their most volatile days since the US election in November, as the recent scandal of the new US president sparked a strong sell-off on Wednesday....

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Blog

People don’t Learn Finance; They Learn How to be a Slave

Posted on May 20th, 2017.

I find it mind-boggling that I did not learn a single thing about finances, personal economy and the current economic system in school. As far as I can remember – I’m 26 – we did not talk about personal economy during High School. The one aspect that has the largest effect on anyone’s lives. Even in college where...

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Analysis

Analysis: Bitcoin Energy Point is Today (+ Litecoin, Ethereum, Augur, Monero, Zcash & Ripple)

Posted on May 20th, 2017.

Bitcoin Bitcoin has been rallying for what seems like forever, but there is a fairly significant set of resistances in the chart that will likely be reached today or tomorrow.  A long-term 5th arc (black) and shorter-term arcs (the green 2nd arc will likely yield, but the next two will likely have a lot of stopping power, especially the...

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Recommendations

Investment Recommendations May 19th

Posted on May 19th, 2017.

NASDAQ 100: Short-Term Sell   NASDAQ 100 Futures, 4-Hour Chart Analysis The tech benchmark lost its relative strength in Wednesday’s sharp decline, and it bounced back today to the short-term resistance level near 5675. This gives a good opportunity to play another declining leg lower after the break of the advancing short-term trend....

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Analysis

Daily Analysis: Stocks Bounce Back as Trump Plays War Card & Bitcoin With a New High

Posted on May 19th, 2017.

Friday Market Recap Asset Current Value Daily Change S&P 500 2379 0.67% DAX 12635 0.34% WTI Crude Oil 50.20 1.72% GOLD 1251.00 -0.69% Bitcoin 1950 6.71% EUR/USD 1.1187 0.43%   Stock markets jumped higher after an initial break yesterday, and they are trading near yesterday’s closing prices today. The renewed US attacks in Syria...

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ICO

ICO Analysis: Monaco

Posted on May 19th, 2017.

Monaco is a debit card and mobile wallet solution for Bitcoin and Ethereum whose ICO launched Thursday with so-far moderate success. At time of writing, the tokens were being sold at a rate of 150 MCO per ETH, or about 63 cents each. Since we’re late to the party, we’ll limit this analysis to the potential merits of the token itself. Key...

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Bitcoin

Crazy Cryptos on Another Rip

Posted on May 19th, 2017.

It looks like the Japanese have finally upped their volumes. According to coinhills.com, bitflyer – the company who will be responsible for bringing bitcoin to 260,000 stores in Japan – is now trading over 100,000 bitcoins a day and responsible for 10% of the total volume in the market.

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Analysis

Trading Analysis: Bitcoin, Litecoin, Dash, Ripple, Ethereum, Stellar Lumens & Zcash

Posted on May 19th, 2017.

Bitcoin Bitcoin continues it’s epic run toward $2100.  I note that there is an energy point on the daily chart tomorrow, and that a 5th arc is in plain sight at $2100.  Traders might want to take some profits there. DASH In our last update we identified the top of the square (highlighted) as likely support, and indeed it was.  Target of...

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Recommendations

Investment Recommendations May 18th

Posted on May 18th, 2017.

S&P 500: Short-Term Sell (Update) S&P 500 Futures, Daily Chart Analysis The index hit our short-term target today in early trading, as it spiked below the line-in-the-sand support zone between the 2350 and 2355 levels. The rising long-term trend is still intact, but the current bearish momentum could mean that a deeper correction...

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Analysis

Daily Analysis: Markets Tank as Trump Fears Escalate

Posted on May 18th, 2017.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2351 -0.35% DAX 12530 -1.23% WTI Crude Oil 48.80 -0.11% GOLD 1258.00 0.21% Bitcoin 1847 0.72% EUR/USD 1.1118 -0.16% Global stocks had their worst day since September on Wednesday, as the low-volatility levitation ended, with Donald Trump’s biggest scandal yet. One...

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Analysis

The Damage Done

Posted on May 18th, 2017.

The total damage from the WannaCry virus has been counted. See, the thing most people don’t know about Bitcoin is that it’s only pseudo-anonymous. The nature of the blockchain allows everyone to see all transactions clearly, that’s what makes it effective.

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Analysis

Analysis: Watch Litecoin again

Posted on May 18th, 2017.

Litecoin Litecoin has successfully closed above the arc that had been dragging it down.  I believe the low is in and a rally will ensue to at least $40. Stellar Lumens Stellar Lumens had had a huge advance, stopped not once but twice by the top of this setup. We are now below the 5th arc again, and just below (at?) the 2×1 angle...