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Search results: Bakkt

Evangelizing to different investor profiles

Millennials and Gen Z Millennials have earned the reputation of disrupting or killing traditional industries, and the financial sector is no exception.  The disconnect between millennials and traditional investments is the result of various factors, such as their firsthand experience with the long-term effects of the 2008 global recession on assets and investments, as well […]

Custodians: looking after your assets

The need for custody Who holds the keys? Who looks after the digital assets? The person with control has custody. For an exchange, that custodian should be a third party for better risk management, more robust security and improved accountability. There is no shortage of examples of the inherent problems that can arise when exchange […]

Ethereum (ETHUSD) Daily MACD Trying to Positively Cross

Ethereum (ETHUSD) continued an ongoing bottoming effort this past week just below the psychologically key 200 whole figure level, trying to position for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics and MACD.  Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high.  […]

Ethereum (ETHUSD) Weekly MACD Still Trying to Positively Cross

Ethereum (ETHUSD) slid this past week back below the psychologically key 200 whole figure level, but remains well positioned for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics, and MACD.  Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high.  Any successful break […]

Who Will Win the Race to Rule Crypto Payments?

For many people, cryptocurrencies remain an abstract idea removed from everyday life. Most people aren’t even aware of the technology. But one application that can push cryptocurrencies into the mainstream is payments. Making it easy and safe for consumers and businesses to pay bills, buy and sell stuff, and deposit and withdraw funds offer significant […]

Ethereum (ETHUSD) Weekly MACD Trying to Positively Cross

Ethereum (ETHUSD) bounced this past week back above the psychologically key 200 whole figure level.  Bulls are beginning to feel emboldened as seen by the bottomish weekly RSI, Stochastics and MACD, but should watch out for a bit more healthy profit-taking in the next day or so as hinted by the drooping daily equivalents.  Further […]

Bitcoin (BTCUSD) Testing 2 Month Plus Descending Triangle Resistance

Bitcoin (BTCUSD) continued consolidating this past week just above the psychologically key 10k whole figure level, and appears to be near completion of a descending triangle (on the daily and weekly chart).  The daily and weekly chart triangle can be described as being a part of a bull flag about to resume higher, with any […]

Bitcoin (BTCUSD) Still Consolidating Despite Weekly MACD Negative Cross

Bitcoin (BTCUSD) spent the past week back above the psychologically key 10k whole figure level, continuing an ongoing 2 month plus consolidation around 10k.  BTCUSD is increasingly close to resuming a bull flag (on its weekly and daily chart), with any resumption of the bull markets since the November low likely coinciding with Ripple (XRPUSD) […]

Bitcoin (BTCUSD) Daily MACD Trying to Positively Cross

Bitcoin (BTCUSD) spent the past week continuing an ongoing 2 month plus consolidation around the psychologically key 10k whole figure level.  While bulls see BTCUSD resuming an upchannel or bull flag (on its weekly and daily chart), they should closely monitor Ripple (XRPUSD) and Ethereum (ETHUSD) in their ability to reclaim (after breaking several weeks […]

Ethereum (ETHUSD) Daily Chart Descending Wedge Nearing Completion

Ethereum (ETHUSD) spent this past week just below the psychologically key 200 whole figure level.  Bulls should get reprieve any day though as hinted by the bottomish daily RSI, Stochastics and MACD, and the descending wedge nearing completion (on the daily chart).  The rally could quickly flatten the still slightly downsloping weekly Stochastics.  A decisive […]

Bitcoin (BTCUSD) Continues 2 Month Consolidation Near Key 10k Level

Bitcoin (BTCUSD) has reclaimed the psychologically key 10k whole figure level (as part of its ongoing 2 month consolidation) after some profittaking last week.  While bulls see BTCUSD resuming an upchannel or bull flag (on its weekly and daily chart), they should closely monitor Ripple (XRPUSD) and Ethereum (ETHUSD) in their ability to reclaim (after […]

Bitcoin (BTCUSD) Trying to Resume Rally Since December

Bitcoin (BTCUSD) pushed higher for the 2nd straight week last week as it appears close to completing its month plus consolidation, and resuming its uptrend since December.  Nevertheless, while bulls see BTCUSD resuming its upchannel or bull flag (on its weekly and daily chart), they should closely monitor Ripple (XRPUSD) and Ethereum (ETHUSD) as they […]

Bitcoin (BTCUSD) Month Plus Consolidation Nearing Completion

Bitcoin (BTCUSD) has decisively reclaimed the psychologically key 10k level in the past week and appears close to completing its month plus consolidation.  Significantly, BTCUSD is attempting to resume its upchannel or bull flag (on its weekly and daily chart), with broader crypto sector strength seen by the inability this past week of bears to […]

Bitcoin (BTCUSD) Retesting 4 Month Uptrend Support

Bitcoin (BTCUSD) appears to be struggling to find support after the Saturday plunge, but on the shorter 4hr timeframe chart (not shown) is showing tentative signs going into the European Sunday morning of bottoming.  BTCUSD’s break below upchannel support (on the weekly and arguably on the daily chart) seemingly suggests stronger selling this week, but […]

Bitcoin Consolidating Around Key 10k Level

Bitcoin (BTCUSD) has bounced back above 10k in the past few days after dipping below the psychologically key whole figure level last week.  Although the weekly RSI and Stochastics are turning down from overbought levels, which when combined with the weekly MACD trying to negatively cross seemingly suggest bearish momentum, any further downside this week […]

Ethereum (ETHUSD) Breaking Daily Chart Upchannel Support

Ethereum (ETHUSD) is under growing pressure as it enters a new week, and is arguably breaking upchannel support (on the daily chart).  Bulls should not rule out a deeper slide further below daily chart upchannel support (as hinted by the weekly Stochastics turning down from overbought levels).  A deeper reversal will likely find initial support […]

Ethereum (ETHUSD) Testing Daily Chart Upchannel Support

Ethereum (ETHUSD) is under pressure as it enters a new week, and currently testing upchannel support (on the daily chart). Bulls should be prepared for a potential break below daily chart upchannel support, where a deeper reversal will likely find initial support at the 38.2% Fib retrace of the May-June bounce.  Note that the two […]

Bitcoin (BTCUSD) Vulnerable to Deeper Pullback After Sharp Gains

Bitcoin (BTCUSD) is trying to resume its massive rally but remains vulnerable to a deeper slide this week with the weekly RSI and Stochastics overbought, and the daily MACD hinting at a negative crossover attempt. On the weekly chart, BTCUSD is above former upchannel resistance, with BTCUSD attempting to trade within a larger range defined by […]

Ripple (XRPUSD) Testing Key 0.50 Level

Ripple (XRPUSD) is bumping up against ascending triangle resistance (on the daily chart) and the psychologically key 0.5 whole figure level. A break above this multiple resistance zone in the next week or so will likely be quickly followed by a test of the psychologically key 0.75 level. XRPUSD is a prime candidate in the next few […]

Bitcoin (BTCUSD) Resuming Uptrend and Nearing Key 10k Level

Bitcoin (BTCUSD) is resuming its uptrend after spending the first 2 weeks of H219 consolidating in the ~7500-8500 range, with BTCUSD bulls now eyeing the next major psychologically key whole figure level of 10k.  Although overbought on the weekly and daily Stochastics, the upsloping weekly MACD suggests any dip this week towards uptrend/ascending wedge support […]

Ethereum (ETHUSD) Testing Daily Chart Upchannel Support

Ethereum (ETHUSD) continues consolidating just below the psychologically key 250 level after a torrid H119 bounce.  Significantly, although ETHUSD remains positioned to resume pushing higher later this month, ETHUSD appears to be vulnerable to more profittaking this week as it tests upchannel support (on the weekly chart).  Note that the two breaks below upchannel support […]

Ripple (XRPUSD/XRPJPY) Readying to Resume Rally

Ripple (XRPJPY) is edging higher again as it appears to be readying to play catch up to Bitcoin (BTCUSD) which has outperformed XRPJPY in recent months.  XRPJPY will be less bogged down this week by the somewhat overbought conditions slowing BTCUSD’s torrid advance, and has stronger momentum heading into this week. With massive gains on Bitcoin […]

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