Trade Hopes Are Lifting The Dollar The US/China trade war may be coming to an end. Leaks from within the negotiation say the two sides are on the cusp of reaching an agreement to end the hostilities. The news is good on many fronts in that it will, or should, stimulate the global economy and […]
Cryptomarket Wakes From Winter Nap The cryptocurrency winter-of-discontent is coming to an end. After more than a year of bear market conditions activity is up across the board. The major currencies have all seen double digit gains over the past two months and more are on the way. While the entire market is moving, there […]
Bitcoin and a host of other major cryptocurrencies shed more than 10% over the weekend. The sell-off was sharp, fast, and unexpected given the growing bullish sentiment we’ve seen over the past month. Bitcoin is now trading at a one-week low and market watchers are wondering if the selling is over. The selling might not […]
The Dollar Is On Support, In The Middle Of A Range The US Dollar Index has been winding up within a trading range and looks ready to make a move. The problem is that it is wound up near the middle of said range with little indication of which way it will go. On the […]
Dollar Is Strengthening The week ahead is sprinkled with a few volatility-triggering events, especially for the greenback, which appears to be strengthening across the board. The Fed is back in the spotlight this week with the release of the Meeting Minutes so we can expect strong moves Wednesday on most majors. EUR/USD – Technical Outlook […]
The first fork to Bitcoin had to do with it’s block size; the team failed to reach consensus and as a result, a hard fork occurred. This gave birth to the original Bitcoin Cash in August 2017. All users who held Bitcoin then had the same amount of Bitcoin Cash, instant free money. But the […]
Weekly Outlook – What’s Going On With Monero, Dash, EOS and Stellar The crypto market is starting to show minor yet clear signs of bullish pressure, with more and more coins jumping to double digit percentage gains over the last few days. The overall market capitalization holds steady around $120 billion but don’t jump on […]
The Big “4KS”: Bitcoin SV, Bitcoin Cash (ABC), Bitcoin Gold And Ethereum Classic Consensus of the community is a big part of decentralization but unfortunately it is not always achieved and differences arise. These difference can lead to divergences within the dev teams of cryptocurrencies and those lead to the so called “fork”. There are […]
Wyoming “Digital Assets” Bill. The Wyoming Senate passed last week a bill that supports the recognition of digital currencies as personal property. The bill has passed the Senate with a 28-1 vote and is now headed to the House. If it becomes law, it would subject cryptocurrency to the same rules as money and would […]
NEO – The “Chinese Ethereum”. Dubbed the “Ethereum killer” or “Chinese Ethereum”, NEO was initially launched in February 2014 under the name Antshares and later rebranded as NEO in June 2017. The main digital asset is NEO which is a non-divisible token that generates GAS tokens (the latter is divisible). GAS can be used to […]