Opinion | Cloud Mining: An Alternative Investment Vehicle for Bitcoin Exposure

As institutional interest in crypto grows, most investors are entering the digital asset space through OTC trading or investing in digital asset index funds. However, many institutional investors are seeking new ways of exposure to this nascent asset class that secure predictable returns without the extra steps and volatility that traditional digital assets investments involve. […]
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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 […]

LISTEN: Could the Global Economy Push Bitcoin to an Inflection Point?

In this episode of Word on the Block, Editor-in-Chief Angie Lau sits down with Kevin Kelly of Delphi Digital to explore the recent trends in the market has seen for Bitcoin given monetary policy. Kelly recently published a piece, The Perfect Storm for Bitcoin. Is the global macroeconomic environment creating an opportune moment for cryptocurrency? […]

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 […]

The Perfect Storm for Bitcoin

Trade wars. Slowing global growth. Weak inflation. $14 trillion of negative-yielding debt. Unprecedented monetary policies. It’s easy to get lost in the mayhem of markets when these are just some of the notable trends investors face today. Amid the chaos, the narrative surrounding Bitcoin has shifted quite dramatically since the beginning of the year as […]

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 […]

LISTEN: Government vs. Technology – Bitcoin.com CEO on Why Governments Fear Blockchain, the Threat That Regulators Pose, and the Likely Outcomes

Key Highlights “There is, from an enterprise standpoint, a desire to engage in this new technology and in this ability to move money globally without any barriers at a very efficient cost basis. Speed is what the market is looking for, particularly as we move towards a global organization. Governments are still trying to regulate […]

Government vs. Technology – Bitcoin.com CEO on Why Governments Fear Blockchain, the Threat That Regulators Pose, and the Likely Outcomes

Key Highlights “There is, from an enterprise standpoint, a desire to engage in this new technology and in this ability to move money globally without any barriers at a very efficient cost basis. Speed is what the market is looking for, particularly as we move towards a global organization. Governments are still trying to regulate […]

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 […]

The Effects of the G20 Summit on Bitcoin

There are very few events market participants are watching more intently than the ongoing trade disputes between the world’s two largest economies. In one corner, the Trump administration has recently stoked the trade war fire with threats of additional tariffs on $300 billion of Chinese imports, on top of the $250 billion worth of Chinese […]

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 […]

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 […]

EXCLUSIVE: Excerpt from “I Sold My Soul in Bitcoins”

I Sold My Soul in Bitcoins, by Jake Adelstein Prologue I sold My Soul in Bitcoins, by Jake AdelsteinBefore the police knocked on the door, they called, and a week before they called, they politely leaked to the Japanese press that they would be arresting Mark Karpeles, the former CEO of failed bitcoin exchange, Mt. […]

Bitcoin Association of HK: On the Radar for Q1 2019

1. Introducing … JP Morgan Coin? JPMorgan Chase is the largest U.S. bank, sixth largest in the world. It holds over US$2.6 trillion in assets. In the cryptocurrency community its CEO Jamie Dimon is most known for calling Bitcoin a ‘fraud’ and that he’d fire any employee trading Bitcoin for “being stupid.” On February 14, […]

Bitcoin Prices Settle Above $5K as Crypto Gains More Mainstream Interest

Bitcoin (BTCUSD) prices fell this week from a 4 month high but remains above the psychologically key $5,000 mark. Longer term investors are increasingly taking advantage of price dips as the overall industry gains more interest from mainstream technology and financial institutions. Facebook is reportedly developing a coin for its WhatsApp messenger app while JPMorgan […]

We’ve Been Here Before: Framing the Current Bitcoin Cycle

Bear markets are painful. Plain and simple. Looking back, there were numerous signs in mid-to-late 2017 a price bubble was forming. But then again, hindsight is always 20/20. It’s important (and if nothing else reassuring) to remember: we’ve been here before. Bitcoin surged more than 10x in the second half of 2013, peaking over $1,000 […]

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