SEC Insider Supposedly Says Stay Away From Tron (TRX) According To ChaChing Wallet CEO

February 1, 2019  /  by Zachary Mashiach
The CEO of ChaChing Wallet, Thomas Schulz, has tweeted that a Securities and Exchange Commission (SEC) insider has informed him to “stay away from Tron (TRX).” There is no way to confirm if this information is accurate or if it has any gravity, but this tweet certainly got the crypto space talking. Tron (TRX) has… Read more

Market Analysis: Bitcoin (BTC) Stuck in a Narrow Trading Range, Major Cryptocurrencies in the Red, Most of Yesterday’s Gains Erased

January 31, 2019  /  by Zachary Mashiach
The price of Bitcoin (BTC) declined in the early morning hours from $3,450 to $3,400, and since then has been stuck in a very narrow trading between $3,400 and $3,425. This is much less volatility than usual for the Bitcoin (BTC) market. In fact Bitcoin (BTC) has generally been sitting near the $3,400 level since… Read more

Tron (TRX) and Ripple (XRP) Rollover: Total Market Cap Implications

January 31, 2019  /  by Bill Noble
The rally in Tron (TRX) appears to have ended, TRXBTC has now come back inside a key resistance zone after spending a week or so above it. The level in TRXBTC is 757 Satoshis (Figure 1). Figure 1 Big pumps followed by big dumps is a frequent occurrence in crypto, particularly in alts. In this… Read more

Bitcoin (BTC): Should Have Rallied

January 31, 2019  /  by Bill Noble
Yesterday seemed like a perfect bullish storm for Bitcoin (BTC). The Fed was more dovish than expected. It said rate hikes were basically over and it set a timetable for ending the process of shrinking their balance sheet. Said plainly, it means the Fed plans to stop draining money out of the banking system. This… Read more

Market Analysis: Total Crypto Market Cap up $3 Billion as Most Major Cryptocurrencies Rise, Ripple (XRP) Is the Big Winner Today With 10 Percent Rally

January 30, 2019  /  by Zachary Mashiach
Bitcoin (BTC) has slowly risen throughout the day from $3,400 to $3,435, a one percent increase. In general, Bitcoin (BTC) has slowly been rising since dropping to $3,320 on Jan. 29. The support level appears to be between $3,300-$3,350, with another support level at the bear market minimum of $3,120 which was reached in mid-December.… Read more

Bitcoin (BTC): Helped or Hurt by Gold?

January 30, 2019  /  by Bill Noble
Gold (GC) has been on a tear lately. Yesterday, gold futures made new highs for the recent up move.  Gold futures are now above $1,300 after being near $1,200 in mid-November (not shown). Meanwhile, Bitcoin (BTC) languishes. As a point of trivia, this might be reminiscent of the how Bitcoin (BTC) and gold (GC) traded… Read more

Market Analysis: Mixed Day on Crypto Markets; All Major Cryptocurrencies up But Bitcoin (BTC), Ripple (XRP), and Stellar (XLM)

January 29, 2019  /  by Zachary Mashiach
Bitcoin (BTC) declined from $3,440 to as low as $3,320 overnight and then rose steadily throughout the rest of the day to $3,400. This suggests there is a support level around $3,300-$3,350. Another support level perhaps sits at $3,100, which was the bear market minimum reached in mid-December. Beyond this, there is a critical psychological… Read more

Ethereum (ETH), Polymath (POLY), Overstock (OSTK): Tracking the Uphill Climb for STOs

January 29, 2019  /  by Bill Noble
With the launch of Overstock’s (OSTK) T-zero product, it is a great time to check the technical status of what we call “the STO trade.” STO (Securities Token Offerings) are said to form the backbone of the digital securities universe. STOs may trade on Overstock’s (OSTK) t-Zero platform. STO’s will presumably be better than ICO’s… Read more

Bitcoin (BTC): Straining to Hold Its Ground

January 29, 2019  /  by Bill Noble
Bitcoin’s (BTC) recent decline has creating some very interesting developments on charts. Specifically, the recent decline below $3,400 has brought Bitcoin (BTC) to a critical Gann level (not shown). The Gann level, combined with the late January time frame, hints that a reversal higher could occur. It also implies that it better occur soon. Also,… Read more

Market Analysis: $7 Billion Slashed From Total Crypto Market Cap, Bitcoin Falls Through Critical $3,500 Support Level, Bitcoin Cash (BCH), Bitcoin SV (BSV), and Tron (TRX) Down Over 10 Percent

January 28, 2019  /  by Zachary Mashiach
Bitcoin’s (BTC) $3,500 support level has finally broken after holding strong since Dec. 19. Over the past day, Bitcoin has declined from $3,550 to $3,410, a four percent drop. Bitcoin briefly went as low as $3,360 around midnight EST. All other major cryptocurrencies have followed Bitcoin into the red today and have actually seen steeper… Read more
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