A Trading Hamster Outperforms S&P 500 in Trading!
“Though this be madness, yet there is method in’t.” ah yes! In a world full of Trader Bros, in a bombardment of bullish and bearish signals, it had to be a hamster to outperform some of the most educated traders. A witty user on Twitter named @Mrgoxx has been kicking names and taking stonks lately. […]
ADA Price Analysis and Predictions; September 22, 2021
ADA price found a solid support at $2 on September 21st and started a new uptrend. Following that, ADA found itself on an upward channel and reached $2.35 on Thursday. Unfortunately, the price pivoted downward after touching the ceiling and went for a correction. Yesterday, ADA was deeply affected by the bear market and dipped […]
China Declares all Cryptocurrency Transactions Illegal
Yesterday, the not so shocking news of China banning almost all crypto-related activities turned the market red. Subsequently, Bitcoin fell almost 4% to $42,150 and Ethereum had a steep 8% decline. A vast majority of altcoins had a relatively similar reaction. However, there are some peculiar points to consider regarding the news and the subsequent […]
Friday Special, Tales from the Chain; Chapter II: The Conspiracy Boomer
You can find him in RV parks, you can see him grilling wearing his new balance shoes. More importantly you can’t stop hearing conspiracy theories, be it in person or on Twitter or the main platform Facebook, he has mastered the art of critical thinking. Ah yes friends, this is the conspiracy boomer! Break Free […]
Bitcoin Price Analysis and Predictions; September 23, 2021
Bitcoin price finally surpassed the $42,000 resistance level. It is likely for BTC to break through the $44,000 pretty soon. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin broke through the $42,000 and $43,000 resistance levels. Currently the price is still below the $44,000 and the 1-hour candles are below […]
ADA Price Analysis and Predictions; September 22, 2021
ADA price found good support yesterday at $2 and bounced back with an upward trend reaching $2.18. It managed to touch $2.2 momentarily but failed to surpass the downward trendline and had to back down. During the decline, ADA lost the $2.1 support and fell as low as $1.98. At some point, it touched the […]
SEC’s Gary Gensler skeptic of Crypto, Signals Crackdowns
SEC’s Gary Gensler has further cleared their stance on Cryptocurrencies and stablecoins in a recent Interview with the Washington Post. And the unsurprising answer is, Skeptic! During this interview, the Securities and Exchange Commission Chairman addresses two primary subjects of cryptocurrencies (private money) and stablecoins. With not so witty dramatic analogies, Gensler regards the crypto […]
Ethereum price Analysis; September 21, 2021
Ethereum price had a sharp fall after losing the $3,200 support level. The price fell as low as $2,807 and is currently trying to reach back up. Here is a summary of Ethereum price in the past 24 hours: ETH started a new downward trend and dipped below the $3,300 and $3,200 support levels. Currently, […]
Evergrande and China Responsible for the Dip
One primary cause for the extremely bearish crypto market is perhaps the downfall of Evergrande and its possible impact on Chinese economy. Amidst the bullish tweets and articles written by “top crypto analysts”, very few people pay attention to the broader fundamental connections of the crypto market. Evergrande, China’s second largest construction company is in […]
Bitcoin Price Analysis and Predictions; September 20, 2021
And once again, Bitcoin price failed to surpass $48,500. Currently the price is adjusting and moving up toward $46,000. By remaining above $45,000 the upward trend is likely to continue. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin price failed to surpass $48,500 and started a new downward trend. Currently, […]
Regulatory Actions Against Stablecoins Are Coming
The Stablecoins have been causing so much controversy lately. The crypto market continues as the longest running bullish market in history. In that regard, the stablecoins are the necessary medium in this market. As of late, recent rumors and statements from Washington are indicating a possible wave of new regulations coming on stablecoins way. Stablecoins […]
Ethereum price Analysis; September 19, 2021
Ethereum price had a bullish bounce-back starting from September 13. Subsequently, with a 15% increase it managed to reach $3,650 yesterday. At that point ETH faced resistance and had to correct. During the price correction, Ethereum price lost the $3,500 and $3,400 support levels and went as low as $3,350. Yet once again, by touching […]