Quick take: Traditional markets have reacted positively to news of a possible COVID19 vaccine by Moderna. The optimism should spread to Bitcoin as BTC is highly correlated to the S&P 500. Since mid-June BTC has suffered...
Quick take: Global Central Banks are embracing the idea of creating and using digital currencies. At the same time, the usage of Stablecoins is increasing as many traders use them to transfer value in the crypto...
Quick take: ChainLink (LINK) recently hit an all-time high of $8.50 on the 13th of July. LINK is now a top 10 coin on Coinmarketcap. In a Twitter poll, Crypto traders are confident LINK will hit...
Quick take: Bitcoin has been in a state of continuous sideways movement since early June. Social media dominance of BTC has been dropping and could point to an alt season. A bullish ETH/BTC chart hints of...
In brief: The Co-Founder of Gemini Exchange, Cameron Winklevoss, has pointed out that Bitcoin (BTC) has been hiding in plain sight for over a decade. Mr. Winkelvoss was responding to news that Quantitative Easing was likely...
Quick take: Top crypto analyst, Timothy Peterson, believes that ChainLink will eventually be bigger than Bitcoin. His prediction is based on the fact that LINK is not affected as much by BTC’s movements. Furthermore, the price...
In brief: In the last 48 hours, Bitcoin, Ethereum, XRP and all the major cryptocurrencies, have suffered a pullback as data suggests that COVID19 is still spreading. The spread of the Coronavirus has also affected the...
Quick take: The team at Arcane Research has released a report reviewing the crypto markets in the first half of 2020. Bitcoin (BTC) managed to outperform the stock market in the first half of 2020 despite...
Quick take: Bitcoin has once again regained a sense of bullishness with a quick move above $9,300. Only time will tell if this move will lead to a retest of $10,000. Bitcoin’s volatility is still low...
Quick take: June was a relatively stable month for Bitcoin and July looks set to follow a similar path. The lack of volatility by Bitcoin is forming a Bollinger squeeze that could be followed by a...
In brief: The research team at Bloomberg has released the July 2020 Crypto outlook report. The report explains that the number of active Bitcoin addresses points to demand that could push BTC to $12,000 in the...
In brief: Top crypto analyst, Timothy Peterson, has initiated a Twitter countdown for Bitcoin retesting $10,000. His prediction using Metcalfe’s law sees BTC hitting $10,000 in 49 days. Bitcoin is once again struggling to maintain the...