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…
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?…
The question is not “Public OR private?”: Enterprise reality requires a flexible public AND private context. Old habits die hard. The enterprise sector has been traditionally used to closing themselves off, shielding every bit of information and focusing solely on achieving the organizational optimum. Some companies went to the extreme: Confectionery giant Mars Inc., for…
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…
Blockchain is a revolutionary technology that has the potential to be a complete game-changer for many industries, including supply chain. With the rise of globalization, supply chains are now much more complex than ever before in history. Consequently, the time is ripe for a disruption of this process; blockchain is one possible instigating factor. With distributed…
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) 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…
Listen to the podcast Key Highlights “Within the G7, within the G20, there’s a lot of concern among governments, and I think that some of the concerns are valid. I mean, some of the concerns have to do with control, of course, but they also have to do with money laundering, and I also think…
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…
Facebook just did the unthinkable in the Donald Trump era: give America’s Republicans and Democrats something on which to agree. Same with the Group of Seven nations taking a dim view of the social media giant minting its own money. US President Trump declared that Libra, Facebook’s proposed virtual currency, “will have little standing or…