Crypto: Back from the Dead?
April 29, 2019
Is crypto-currency back?
It’s a legitimate question given the across the board huge drops seen among crypto-currencies in 2018. There was blood on the street. This year, however, they seem to be coming back from the dead.

Legitimate or is this a zombie bear trap? There are reasons to be cheerful, however.
For one thing, there remains a fairly high level of skepticism and apathy towards the recent recovery in crypto prices. Bitcoin, which was up about 75% to over $5,000 recently, remains down 85% from its highs (the 4th time in 10 years for this). A skeptical market is healthy, and makes for more sustained moves.
It makes sense that the psychology around crypto is heavily damaged. After all, the vast majority of crypto holders experienced severe losses and for those who owned “alt-coins,” the declines are even deeper than 90% or more.
But as each week has progressed in 2019, evidence is mounting that a potential new bull market is underway. When will consensus reach that “tipping point?”
No one can say exactly when with certainty, but below are 11 signs that the dark, cold crypto winter could be over.
1. Nov 2018—The “fork wars” of Jihan (BCH) versus Craig Wright (BSV) exhausted “overhang” BTC supply held by...Reports you haven't read
Discover market dynamics, risk aversion, and asset impacts. Explore liquidity, short-term bills, and capital flow. Stay informed about FOMC meetings. Uncover expert analysis and a constructive outlook on the crypto market. Don't miss this insightful video for investors.
Traditional markets are stumbling today as the National Bank of Canada unexpectedly raised interest rates by 25 bps, sparking fears that the U.S. will potentially follow suit. The SPX (-0.31%) failed to break through $4,300, while the NDQ (-1.36%) has taken a pause on its recent outperformance. Crypto markets are still digesting the repercussions of the SEC lawsuits against Binance and Coinbase, with BTC -2.07% (-3.15%) trading around $26.3k and ETH -2.24% ...
SEC EMPTIES THE CHAMBER It’s only Wednesday, but the SEC has pulled out the big guns. Conveniently following the release of a rather comprehensive crypto oversight bill by the House Financial Services Committee on Friday, the SEC dropped their mightiest hammer to date on the crypto industry. On Monday, the SEC took legal action against Binance, accusing the exchange of offering unregistered securities to the public. The SEC's lawsuit alleged...