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…
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) 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…
Key Highlights The inherent differences in policy that result from country-specific priorities and demands lead to opportunities for arbitrage across borders. It is in the interest of all parties involved to prevent this from happening, even if that means compromising on certain rules. The input of drastically different nations on their experiences with regulating cryptocurrency…
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…
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…