Unless you lived under rock the past 12 months, you have probably heard of Bitcoin mentioned somewhere at some point. Bitcoin is the largest cryptocurrency in the world, and is based on a public ledger called the blockchain. The cryptocurrency will likely revolutionize the financial system as we know it by its decentralized nature. Many … Read more
Bitcoin has recently made a monster 20%+ move in less than 72 hours. There have been several positive catalysts in the past few days for the cryptocurrency markets. We have some great news around IBM’s stablecoin, a crypto ETF proposed by Blackrock, and Mastercard filed for a patent for a payment system linking blockchain currency. … Read more
Cryptocurrencies are one of the most volatile assets in the finance world. This year we have seen a strong resurgence in the cryptocurrencies markets, with Bitcoin, Ethereum, Litecoin, and many other altcoins up over 100% this year, and still climbing. There is still a ton of money to be made as day traders and swing … Read more
One of the biggest pitfalls of Bitcoin at the moment is its scalability and transaction processing speed. Bitcoin Cash was created in order to resolve some of the issues with Bitcoin scalability and transaction processing speed. In order to understand why Bitcoin Cash was created, let’s start by defining Bitcoin and the exact issues that … 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
After a week of trading flat, the cryptocurrency market experienced a sudden flash crash earlier this week, with most currencies losing anywhere between 10 and 20 percent of their total value. While the first significant price drop was witnessed on June 10, the declining trend persisted over the three days that followed as well. While … Read more
Range bound cryptocurrency trading is one of the toughest markets for new traders. The Bitcoin chart above is a good example of a range bound cryptocurrency. Even though there isn’t much range to lose a lot of money on, it is very easy to get chopped up. Commissions can rack up, and taking a bunch of … Read more
Cryptocurrency has been around for almost a decade now, but it only recently came into the limelight on major media news outlets in 2017. The hype behind Bitcoin started as people began to realize its potential to resolve huge inefficiencies in the banking and currency space. A common question people have: What problems does Bitcoin … Read more
Many crytpos have been breaking out of ranges on the higher time frames the past few weeks. This has brought huge momentum back to the cryptocurrency markets, and we are seeing some massive moves in Bitcoin and other altcoins. In order to capitalize on this momentum, you need to be able to recognize chart patterns … Read more
We recently had the pleasure of interviewing the founder of the popular cryptocurrency Verge (XVG). Verge recently made an announcement that it partnered with Pornhub to start accepting Verge as a payment method. The adult entertainment world is a monster, multi-billion dollar industry. This truly is a huge step for Verge and cryptocurrencies. Since the … Read more
