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Who let the bulls out? Bitcoin breaks past $23k
By Klavs Valters @klavsvalters $20k, $21k, $22k, $23k - that is how many price levels Bitcoin broke after surging by over 12% in the last 24 hours. The world's largest cryptocurrency reached its highest ever level of around $23,421, adding fuel...
Read MoreBitcoin hits all-time high
By Klavs Valters @klavsvalters It has happened - Bitcoin has reached its highest level since December 2017 after surging by around 9% on Monday. World's largest digital currency (by market cap) touched $19,860 level beating the previous all-time...
Read MoreCOTD: XRPUSD- Increased Demand Could Target $1.18
XRPUSD- Point & Figure XRPUSD - It's been a wild few sessions for the cryptocurrency space as a whole, particularly with Bitcoin creeping back up towards the $20,000 price region. In amongst this surge of activity, today's Chart of The Da...
Read MoreCryptos on the rise – again
By Klavs Valters @klavsvalters Cryptocurrencies have been making headlines yet again after seeing tremendous rallies over the last few weeks. We saw Bitcoin breaking past $19,000 for the first time in 3 years today. World's biggest cryptocurren...
Read MoreCOTD: BTCUSD – Bitcoin Bulls Feeling The Heat
BTCUSD - Point & Figure (BTCUSD) Bitcoin After a typically volatile week for Bitcoin, some traders are beginning to question whether the most recent rally towards $12,500 was merely a flash in the pan or perhaps signs of a spectacular rise brew...
Read MoreChart of the Day: AUDNZD – Short-term downward pressure?
AUDNZD - 4HR AUDNZD (4HR) It's the final Chart of The Day for the week, and with this one, we're focussed on the Australasia region looking at AUDNZD on the 4hr time frame. Despite the longer-term indicators appearing bullish, some of the shorter o...
Read MoreChart of the Day: ETHUSD – Ethereum on the move
ETHUSD - Daily ETHUSD (Daily) We are keeping it relatively simple on this Chart of The Day, having a quick look at Ethereum on the daily time frame. A recent sell-off in the cryptocurrency took some analysts by surprise, given the speculative chatt...
Read More“Digital Gold” – New Safe-Haven Asset?
By Deepta Bolaky @DeeptaGOMarkets During times of market turbulence, investors usually seek safety with safe-havens. Wall Street’s fear gauge indicator, the CBOE Volatility Index jumped by nearly 40% at the start of the week on fears of heigh...
Read MoreAdoption of Crypto: New Hope with Libra?
By Deepta Bolaky @DeeptaGOMarkets A New Digital Currency From banning all ads promoting cryptocurrencies back in January 2018, Facebook’s move into the digital world is definitely grabbing attention. The social media giant shared its plans to ...
Read MoreBitcoin – Diverging opinions
By Deepta Bolaky @DeeptaGOMarkets Some of us are still struggling to understand the concept of cryptocurrencies. Bitcoin prices have soared in 2017, and media speculations drove the popularity of Bitcoin to such extent that retail investors e...
Read MorePrice Analysis of BTCUSD and ETHUSD
By Deepta Bolaky @DeeptaGOMarkets 2018 has sent cryptocurrencies into a bear market as bans, hacks, regulatory crackdowns and regulations overshadowed the crypto-land. It is difficult to conclude whether cryptocurrencies like Bitcoin, E...
Read MorexRapid – The Future for Financial Institutions?
If you have followed cryptocurrencies, you have most likely heard of Ripple. But if haven’t, Ripple is a real-time gross settlement system and currency system created by the Ripple company. It provides one frictionless experience to send ...
Read MorePSG Announce Crypto Strategy Plan
On 11th September, Paris Saint-Germain (PSG) announced a multi-year partnership with blockchain platform Socios. The French team will become the first football club in the world to announce such partnership and we could see other clubs follow sui...
Read MoreE-Krona – Sweden’s Answer to Digital Currency
I recently wrote about Sweden potentially becoming the first cashless country in the world. With the use of banknotes and coins declining in the Scandinavian nation, their central bank – Sveriges Riksbank, world’s oldest central bank and third ol...
Read MoreCryptocurrency Acceptance
Just over eight years ago, on 22nd May 2010, the first ever Bitcoin transaction was made. It was Laszlo Hanyecz in Jacksonville, Florida who bought two pizzas with the digital asset. Back then it cost 10,000 bitcoins, which was around $80 when one bi...
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