Explaining Bitcoin as a non-sovereign, permissionless, hard-capped supply, global, immutable, decentralized, digital store of value can go way over peoples heads. It takes time learning about Bitcoin to understand why these characteristics matter. That’s why I’ve adopted a new approach to explaining Bitcoin when people ask me about it. I got this concept from Raoul … Read more
In our Cryptostreet Bootcamp we discuss open interest and funding rates in detail and how to use them to swing trade the crypto market. Future Open Interest Bitcoin open interest is the total number of outstanding Bitcoin derivative contracts, such as options or futures that have not been settled. When it comes to futures, we … Read more
Following up on our last article on MVRV, today we will talk about another top indicator. The Pi Cycle Top Indicator was created by Philip Swift. It’s a very simple indicator to use and has been reliable in picking out market cycle tops within only a few days. The indicator uses an 111 day moving average and … Read more
If you’re a Bitcoin holder it’s time to celebrate! BTC is worth close to $60,000. Congratulations if you held since its last ATH in 2018. It has been a crazy ride. One company that comes to mind during this time is MicroStrategy, who put $3.57 billion of their treasury into Bitcoin. Michael Saylor, the CEO … Read more
Yesterday Tether, one of the most popular stable coins, had a huge selloff. On some exchanges, it tanked as much as 10-15%, which is a huge move for a stablecoin that is supposed to protect against volatility. Let’s start by defining Tether, then talk about why it crashed, and discuss some stablecoin alternatives to it: … Read more
The cryptocurrency markets took center stage last year when Bitcoin and many other cryptocurrencies had a sensational runup. In January of 2017, the total market cap of all cryptocurrencies was around $18 billion. In January of this year, it peaked at around $800 billion, and today we are at around $220 billion. In order to … Read more
We decided to release this weeks newsletter for everyone on our blog. To receive these straight to email every week subscribe below. CryptoStreet Weekly News and Analysis “There is one investment strategy that works across crypto, public equities, and venture capital: Back world-class teams.” – @pomp Poll of the Week With so many available exchange, … Read more
Bitcoin is no stranger to volatility. It has had an incredible runup since it was created in 2009. In that year it had almost no value in measurements of fiat currency. In 2010 it was worth about $.003 a coin. Today it is worth just under $7000 a coin, but as recently as December 2017 … Read more
There have been numerous asset bubbles throughout recent human history. Asset bubbles occur regularly in economies where people get over exuberant over new technological developments. An asset bubble is defined as a period of rapid escalation of asset prices followed by a big decline. It is crucial to understand how these bubbles work, and why … Read more
Reading a white paper is a daunting prospect. No one wants to take the time and read through a 30+ page, technical description of a complicated piece of technology. However, being able to read and comprehend a whitepaper will give you a huge advantage over other investors. Most investors are too lazy to read the … Read more
