On Thursday October 28th, the price of Bitcoin (BTC) fell below $13,000 shortly after hitting resistance of around $13,850 at the day’s peak. As we can see from the chart below, the price of Bitcoin is in an uptrend that started on March 12, 2020 and has more than doubled since then.
Cryptocurrencies Soar!
This is a trade alert that was sent to premium members on Sunday, 4/26... It has been over two years since the cryptocurrency market first caught the world's attention, with Bitcoin rocketing to all-time highs around $20,000. The correction to $3,000 was brutal but made sense
The Battle of Smart Contract Platforms: Upcoming Projects to Consider
Smart contract platforms have been one of the most highly contested topics in the crypto space. The competition among these platforms has been present for years now. Currently, Ethereum is leading this race (and by a large margin one may add). This platform though has many shortcomings. These
Exploring Growth of Crypto Markets
While the crypto markets have been in a bear market for most of 2018–2019, the fundamentals have only continued to grow. Below are a few charts highlighting this continued growth in the space. Bitcoin and Ethereum Growth Bitcoin 1. Bitcoin wallet growth The amount of Bitcoin
Gold-Backed Cryptocurrencies, a Better Alternative to Gold ETF’s?
This post will highlight the difference between Gold-backed cryptocurrencies and gold ETF’s, and evaluate whether there is a meaningful role for the former. What is a Gold-Backed Cryptocurrency? Gold-backed cryptocurrencies are digital currencies that are tied to a certain weight of
The Bullish Case for Ethereum in 2020
Any current metric will show that Ethereum is the leading smart contract platform. It is by far the most widely used blockchain by developers everywhere. This post will explore the growth of the Ethereum ecosystem over the past few years, and highlight some important updates coming up as
Is Bitcoin Becoming A Safe Haven Asset?
Bitcoin had a pop in price of almost 5% following the assassination of Qassem Soleimani, a major Iranian Official. Gold, long considered a safe haven asset, also had an uptick of about 1.5% on the news. While gold is still the most favored hedge against geopolitical uncertainty, the question of