Quick take:The team at Weiss Crypto Ratings has pointed out that Bitcoin seems to be decoupling from the stock marketThis comes after Bitcoin broke both $12k and $13k in quick succession as the stock markets were stagnantThe comments by Weiss echo those of Veteran BTC analyst, Willy Woo, who was
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In summary:Bitcoin is exhibiting a good level of bullishness above $11kHowever, Bitcoin’s correlation to stocks and gold could be a bad thing with the US elections two weeks awayA drop in the stock market and/or gold could mean a similar fate for Bitcoin in the short termThe end of the
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Summary:ChainLink is once again attempting to retake the $12 price area and turn it into supportLINK’s bullishness comes after Bitcoin retakes $13k and prints a 2020 peak at $13,498Binance has added ChainLink as collateral on its Loans platformChainLink (LINK) is once again exhibiting bullish momentum after Bitcoin pushed hard above
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Last updated:September 5, 2020In summary:Justin Sun has hinted of launching a wrapped version of Bitcoin on the Tron networkSuch a move would bring Bitcoin’s value to Tron’s DeFi ecosystemFurthermore, it would capitalize on the efficiency of the Tron network which is cheap and fastJustin had also been requested to bring
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Quick take:Tron has proven immune to the ongoing crypto market selloffTRX has broken $0.04, a value last tested in June 2019Tron (TRX) has edged out EOS on CoinmarketcapTron’s bullish climb is as a result of investors locking up their TRX to mine the Sun (SUN) tokenA quick glance at Coinmarketcap
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In summary:Bitcoin and Ethereum have regained losses witnessed during the Coronavirus crash of mid-March. Litecoin seems to be struggling to regain a footing after dropping below $50. LTC risks losing the $40 psychological support.However, the weekly chart prints a falling wedge offering some hope for investors. Savvy crypto traders and investors have realized
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Last updated:May 27, 2020In brief:Litcoin has long been considered Bitcoin’s little brother.FUD has been rife since Charlie Lee sold his LTC holdings.Last year, news broke that Litecoin did not have developers.MimbleWimble was officially proposed in early 2019 with a Testnet version expected in Q3 this year.Implementation of MimbleWimble on the
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In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. The team at the popular trading platform of Robinhood has announced
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Quick take: CEO of Morgan Creek Digital, Mark Yusko, was a recent guest on Thinking Crypto, a Youtube crypto news channel. In the interview, Mr. Yusko discussed the current state of the stock market, COVID19, the genesis of Morgan Creek Capital, CBDCs and more. He further explained that XRP and
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In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering around $7,200 and looks set to start a climb up to $8,000. For
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