Crypto Research
1,026 Results
TECHNICAL ROUNDUP ANALYSIS Technical Roundup believes the weekly chart is bearish with bitcoin falling below $9600, but is viewing daily pricing still intact with current testing support ($8600 support, $10000 resistance). Higher time frames are suggesting a test of $8000 but daily support at $8600 is the immediate barrier for price. A drop below $8600 would confirm the weekly range materializing as positioning for a bearish market . POPCORN AND A...
CRYPTO FEAR AND GREED INDEX The Crypto Fear and Greed Index dropped 11 points this week falling back into a more cautious “fear” range as the sentiment index declined to levels last seen in the days around BTC’s Halving two-weeks ago. GOLDMAN TO ADDRESS ECONOMIC OUTLOOK AND BITCOIN Goldman Sachs got the cryptoverse excited when they announced the Investment Strategy Group’s next client call on the US economic outlook would...
Happy Bitcoin Pizza Day! This is the tenth anniversary of the day on which Laszlo Hanyecz traded 10,000 bitcoin for pizza. This event is recognized as the first use of bitcoin to purchase a real world good, and it is also a barometer to show how the price of bitcoin has increased through the years. On May 18, 2010, Hanyecz placed the following post on the Bitcoin Forum, “I’ll pay 10,000 bitcoins for...
WEEKLY STOCK REVIEWCanaan’s (NASDAQ: CAN) price has declined 30% over the week as an unnamed insider leaked that Q1 revenues were down 80% versus 2019.Galaxy Digital (TSX: GLXY.V) reported assets under management at the end of April totaled $370 million, a month-over-month increase of 4%.Daily volume for Riot Blockchain (NASDAQ: RIOT) spiked yesterday hitting 12.7 million shares driving the average volume over 1190% since last week EARLY MINED BITCOIN MOVES FOR FIRST TIME SINCE FEBRUARY...
Technical Roundup Analysis Bitcoin has found new resistance at $9,600 which is now acting as support on lower time frames. Although price is at resistance there is no evidence of rejection. BTC is currently retesting resisting these levels but it is presumed they will be weaker than before. If daily pricing breaks through $10,000 resistance, the next objective would be the double top at $10500. If daily loses weekly support i.e. starts closing...
CRYPTO FEAR AND GREED INDEX The Crypto F&G Index has recovered from March and April’s weakness and is now at 50 signifying a neutral sentiment. The index is up 11 points since last week. SHE-WHO-MUST-NOT-BE-NAMED Harry Potter author JK Rowling admits that asking for an explanation on bitcoin is something her young wizards may not have event been prepared for. Responding to all the posts and media attention she has received since...
HARRY POTTER AND BITCOIN I assume that most of BitDigest’s readers have been asked “what is bitcoin,” but the seemingly simple tweet “I don’t understand bitcoin. Please explain it to me,” by Harry Potter author JK Rowling took the cryptoverse by storm over the weekend with everyone from Ethereum co-founder Vitalik Buterin to Tesla’s Elon Musk trying to answer this question. Rowling had a difficult time understanding the explanations tweeting, “People...
Will Cashless Operations Be Permitted in Post Coronavirus World? I received an update from Amtrak yesterday. It explained the different procedures the rail company is taking to respond to the COVID-19 pandemic. Facial covering, 50% capacity, enhanced cleaning protocols, etc. The one new policy that caught my eye was “cashless service.” Amtrak has decided to temporarily move to cashless payments in stations and on the trains. Going cashless is not new. It’s something I write...
WEEKLY STOCK REVIEWGalaxy Digital (TSX:GLXY.V) announced it has been conditionally approved to be listed on the Toronto Stock Exchange (“TSX”)The Bitcoin Fund (TSX: QBTC-U. TO) saw a slight decline in price (1.9%) week-over-week but average daily volumes increased 90% ahead of the HalvingHive Blockchain (TSXV: HIVE.V) initiated operation of 750 new Bitmain Antminer S17+ rigs at its new Quebec facility. Daily volume declined 19% this week.Riot Blockchain (NASDAQ: RIOT) reported Q1’20 financial results with a year-over-year increase...
CRYPTO FEAR AND GREED INDEX The Crypto F&G Index is basically on par to its posting last week with the sentiment index slipping 1 point to 39 following the Halving. TRUMP TO ANNOUNCE DIGITAL DOLLAR I want to make a prediction that President Trump will instruct the Treasury Department to issue a digital dollar in the coming months. We all know the President likes his headlines and he can use this...