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Pompliano: “This Bull Market Is Going To Be Incredible.”

The co-founder and partner at Morgan Creek Digital, Anthony Pompliano took to Twitter recently to speak his thoughts on the current state of the flagship cryptocurrency Bitcoin as well as the market in general. Well-known for his price forecasts, and often called Pomp for short, the co-founder has emphasised how incredible the Bitcoin market has performed the old switcheroo on itself over the past six months and noted that the current bull market will be “incredbile”. “In less than 6 months, Bitcoin sentiment went from capitulation to permabulls. This bull market is going to be incredible.” Towards the end of...

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How Will Libra Coin Launch Impact Bitcoin Demand?

The upcoming launch of Facebook’s Libra coin is perceived as a major development in the cryptocurrency arena. Facebook (FB) users will soon be able to send Libra to one another through the social media network. The Libra coin will also be available for purchasing goods and services through Facebook and over the internet. Facebook has shortlisted over a dozen companies across multiple industries to fast-track the rollout of Libra coin. Each of these companies is set to invest $10 million in the development of Libra coin, including Uber Technologies, Inc., PayPal Holdings Inc, MasterCard, and Visa. Various reports suggest that...

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Why The Onchain Custodian And BabelFinance Partnership Matters To You As An Institutional Player

The digital asset market has drastically evolved since the days of Bitcoin’s peer-to-peer methodology of value transfer to numerous blockchain applications and the creation of smart contracts. However, one thing that you may struggle with as an institutional player is how to keep your assets secure from loss or theft. With the evolvement of the digital asset market, the need for solutions targeted at securing them emerged. This is because most digital assets operate as cryptographic bearer instruments that possess keys that once stolen, make the asset unrecoverable and inaccessible to the rightful owner. All this makes secure custodianship for...

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How High Could Bitcoin Go?

Bitcoin (BTC) has been on a roll for the past few months but investors and traders are curious to find out if this rally can go on for long. There are some similarities to the previous market cycles as well that we discuss in this video. We have also analyzed factors that could influence the price of Bitcoin (BTC) and possible warning signs that tell us that this rally might be over. Let us begin with a market overview. If we look at the market, we can see that Bitcoin (BTC) is up, Ethereum (ETH) is up and other large...

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Sally Ho's Technical Analysis 18 June 2019

Bitcoin Bitcoin (BTC/USD) appreciated early in today’s Asian session as the pair established a fresh 2019 high around the 9475.00 area, its strongest print since May 2018. Stops were elected above the 9388.00 area late in yesterday’s European session, the year’s previous high that was established during yesterday’s trading activity. During the pair’s move higher early in yesterday’s European session, Stops were elected above the 9251.72 area, representing the 76.4% retracement of the move from 9388.00 to 8810.53. BTC/USD continues to inch closer to a major upside level of technical Resistance around the 9532.39 area, representing the 38.2% retracement of...

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