Saving Private Bitcoin (BTC)

June 12, 2019  /  by Bill Noble
Yesterday, a tweet circulated in the hedge fund community that had a deep impact on our current view of Bitcoin (BTC) and crypto in general. The tweet contained a list showing estimated values of global markets and economic statistics in comparison to Bitcoin (BTC). Here is the list: GDP: $80T Gold: $7.5T Funds: $18T Stocks:… Read more

Crypto.IQ Daily Radio Show June 12: Coinbase Debit Card Expands Across Europe, Monero Looks to Introduce Randomx Algorithm That Would Favor CPU Miners, CryptoCompare Ranks the Top 10 Exchanges, Visa Launches Blockchain Fueled Cross-border Payment Network, Correlation Noted Between USD/CNY and Bitcoin (BTC) Markets

June 12, 2019  /  by Zachary Mashiach
Listen to the June 12 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. The crypto market is generally bullish this morning, with Bitcoin (BTC) near the top of its trading range and Litecoin (LTC) continuing to rally. We discuss how Monero (XMR) may… Read more

Erlay Proposal Would Decrease Bandwidth Usage of Bitcoin (BTC ) Nodes by 40%, Making the Bitcoin (BTC) Network Scalable and More Secure

June 12, 2019  /  by Zachary Mashiach
Bitcoin (BTC) developers Gleb Naumeko, Gregory Maxwell, and Peter Wuille published a paper titled “Bandwidth-Efficient Transaction Relay in Bitcoin” on June 3 that describes a new Bitcoin (BTC) transaction relay protocol nicknamed Erlay. This protocol would decrease the bandwidth consumption of Bitcoin (BTC) full nodes by 40% and, more importantly, allow the number of Bitcoin… Read more

Market Analysis: Bitcoin (BTC) Rises Back to $7,900 After Dropping to $7,700 Around Noon, Litecoin (LTC) Continues to Rally, Crypto Market Mixed

June 11, 2019  /  by Zachary Mashiach
Bitcoin (BTC) has been volatile today. Around 6 a.m. Eastern time Bitcoin (BTC) dropped from $8,000 to $7,800, eventually falling as low as $7,730 around Noon. Bitcoin (BTC) then rebounded to almost $8,000 at 4 p.m. but has currently pulled back to $7,900. Zooming out, Bitcoin (BTC) has been sideways and volatile for the past… Read more

Crypto.IQ Daily Radio Show June 11: Russia to Ban Crypto Trading and Mining but Holding Will Remain Legal, Simultaneously Russia May Setup Crypto Free Trade Zone on the Chinese Border, CCN Shuts Down Due to 90% Revenue Loss After Google Update, Bittrex Delisting 32 Cryptocurrencies in the United States, MakerDAO and Dai Stablecoin See Solid Long Term Growth

June 11, 2019  /  by Zachary Mashiach
Listen to the June 11 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. The crypto market is generally in the red this morning, aside from Litecoin (LTC) which is seeing strong gains due to speculation ahead of the block halving in less than… Read more

Bitcoin 2 (BTC2): a Cheap Bitcoin (BTC) Knockoff With Low Liquidity That Just Had a 7,200% Pump and Dump, Users Risk Losing Their Bitcoin (BTC) Private Keys When Claiming Bitcoin 2 (BTC2)

June 10, 2019  /  by Zachary Mashiach
The War On Shitcoins Episode 16: Bitcoin 2 (BTC2). The war on shitcoins is a Crypto.IQ series that targets and shoots down cryptocurrencies that are not worth investing in either due to their being scams, having serious design flaws, being centralized, or in general just being worthless copies of other cryptocurrencies. There are thousands of… Read more

Bitcoin (BTC), Ethereum (ETH), EOS, Litecoin (LTC): Deluxe Chart Pack

June 10, 2019  /  by Bill Noble
While this weekend’s Bitcoin (BTC) slump was a bit of a bummer, today’s recovery has helped maintain a positive technical outlook. Looking at Bitcoin (BTC) on BitMEX, XBT has held a big Fib support line near $7,500 (Figure 1). That could be a positive. Figure 1 Looking at Bitcoin (BTC) on BitMEX on a daily… Read more

Crypto.IQ Daily Radio Show June 10: Litecoin (LTC) Block Halving in Less Than Two Months, India Proposes 10-Year Prison Sentence for Anyone Who Holds Cryptocurrency, Vancouver Mayor Calls for Bitcoin (BTC) ATM Ban, CME Sees Record Bitcoin Futures Volume in May, Bitcoins (BTC) from 2016 Bitfinex Hack Begin Moving Around, John McAfee Supposedly Launching Bitcoin (BTC) Debit Card

June 10, 2019  /  by Zachary Mashiach
Listen to the June 10 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we discuss how India has proposed a 10-year prison sentence for anyone who holds Bitcoin (BTC). This law has not passed yet, but if it does pass, it would turn cryptocurrency into a black market in India.… Read more

Range Life: Keeping Trading Simple

June 7, 2019  /  by Noah Hornaday
Silicon Valley titan Tim Ferris has a question he asks when tackling complicated tasks: “If this was easy, how would it look?” When we ask this question about trading, longing (buying) at support and shorting (selling) at resistance would be as good a response as any. Oftentimes when prices are beaten down into the accumulation… Read more

Market Analysis: Bitcoin (BTC) Rises from $7,500 to $8,135 Before Pulling Back to $8,000, Litecoin (LTC) Rallies Over 10%, Total Crypto Market Cap Gains $12 Billion

June 7, 2019  /  by Zachary Mashiach
Bitcoin rose from $7,500 at 2:30 p.m. Eastern time yesterday afternoon to as high as $8,135 at 2:30 p.m. today, a $635 (8.5%) increase in 24 hours. Simultaneously, the total crypto market cap gained $19 billion, rising from $242 billion to $261 billion. Bitcoin (BTC) encountered resistance near $8,100 however and has pulled back to… Read more