Bitcoin is back. The cryptocurrency has recovered some of its "glory" in late 2017, and now the coin is trading at around $8,200 at the time of this writing. Bitcoin has captured to eyes and hearts of many wealthy and not-so wealthy people. Some are buying Bitcoin to fight inflation and their financial systems, while…
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The month of May, that time when investors typically “sell in May and go away”, has been rough on stocks. The S&P 500 index is down 5% at this writing, but over in Crypto-Land, Bitcoin is poised to win the performance race for the month, booking an incredible, astonishing (pick your preferred adjective) return of…
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Bitcoin is a global phenomenon, there is no doubt. Everyone either has heard of it, has it or hates it. The "people's currency" has made strides in proving that its value is here to stay, after experiencing a sharp increase in its price for fewer than three weeks. Many countries around the globe are looking…
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Crypto analysts are a happy lot these days. It is decidedly more fun arguing over how high Bitcoin can go, rather than defending the crypto leader amongst a rabid group of critics. Bitcoin’s meteoric rise has been a thing of beauty, yielding ample opportunities for the use of technical analysis (TA) to justify its current…
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We are running out of adjectives and adverbs to describe the meteoric rise of Bitcoin, a repeating record that excites, but no one wants the music to stop. History has already ruled once on Bitcoin’s asymptotic slope to higher realms, as analysts quickly draw comparisons to times gone by in 2017. Every phase of that…
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The gloves are off for the 2020 US presidential election. The majority of candidates are Democrats, and everyone who is running is looking to stand out in some way: ones with policies, other - with the way they gather donations. The entire process of running is very expensive one. One of the presidential candidates, California…
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Crypto enthusiasts are always predicting a tsunami of capital inflows, as soon as institutional investors jump on board the crypto train. Many analysts have researched traffic and blockchain addresses in several ways to determine if the “fingerprint” of an institutional player is already present, and possibly not in a small way, in Crypto-Land. It is…
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You can now pay your phone bill with Bitcoin. And that is thanks to AT&T, which became the first mobile network to accept digital coins as method of payment. All payments will be facilitated through BitPay, a cryptocurrency payment processor. Just recently, major companies have decided to accept cryptos as payments. Such companies include Home…
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When in doubt, punt, an old adage that applies when conservative individuals do not have the courage of their convictions to move forward in a positive manner. The SEC has decided, once again, to delay not one, but two decisions regarding applications for the much anticipated Bitcoin Exchange-Traded Fund (ETF). Crypto enthusiasts did not hold…
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As has been the case many times over in recent months, Bitcoin analysts are in a quandary about what will happen next. There is firm agreement that nearly a dozen fundamental factors are converging in such a way as to create a “Perfect Storm” of sorts, the reason many use to explain Bitcoin’s “parabolic” trend…
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