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Very first bitcoin fund in Canada reaches its $100 million key achievement

Quick take 1 minute read 3iQ, a digital asset manager based in Canada has just recorded a huge milestone for its public bitcoin fund which would be the first bitcoin fund listed on a major stock exchange in Canada.  This week, it reached the $100 million market capitalisation key resistance level as was announced in a tweet on the 20th of October. 3iQ, a digital asset manager based in Canada has just recorded a huge milestone for its public bitcoin fund which would be the first bitcoin fund listed on a major stock exchange in Canada. This week, it reached...

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Technical Support Around 12889 Buoys BTC/USD During Pullback: Sally Ho's Technical Analysis 25 October 2020 BTC

Bitcoin (BTC/USD) weakened early in today’s North American session as the pair depreciated to the 12890.76 level after trading as high as the 13361.00 area during the Asian session.  Stops were elected below the 13210.37, 13117.18, 13041.86, and 12966.54 areas during the pullback lower, retracement levels related to the recent appreciating range from 12722.72 to 13361.00.   The next downside retracement levels in the depreciating range include 12873.35 and 12859.31.  Chartists observe that the sharp decline was finally paused around the 12889.78 area, representing the 61.8% retracement of the recent appreciating range from 12689.02 to 13200.00, with the next downside retracement levels in...

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ETH/USD Weakens After 417.86 Peak: Sally Ho's Technical Analysis 25 October 2020 ETH

Ethereum (ETH/USD) slid lower early in today’s North American session as the pair depreciated to the 405.08 area after trading as high as the 417.86 area during the Asian session, just above the 78.6% retracement of the depreciating range from 421.47 to 401.51.   Major selling pressure saw ETH/USD weaken to the 405.00 level during the Asian session after Stops were elected below the 407.92 area, representing the 23.6% retracement of the appreciating range from 364.04 to 421.47.  If selling pressure continues, additional downside retracement levels in this depreciating range include 402.02 and 397.43.   One appreciating range that traders are monitoring...

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Outside Bar Leads to Strong BTC/USD Gains: Sally Ho's Technical Analysis 24 October 2020 BTC

Bitcoin (BTC/USD) encountered volatility early in today’s North American session as the pair depreciated to the 12925.89 level and traded as high as the 13105.06 area, a significant outside bar that saw bids tested around the 23.6% retracement of the appreciating range from 11876.51 to 13250.04.  Some Stops were elected above the 13087.36 and 13097.86 areas during the climb higher, representing the 76.4% and 78.6% retracements of the recent depreciating range from 13200 to 12722.72.  Earlier this week, buying pressure emerged around the 12865 area, just below the 12872.93 area that represents the 61.8% retracement of the recent appreciating range from 12670.67...

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Still prominent: malware scam sees $80,000 worth of BTC stolen

Quick take 1 minute read For many years now, two words have plagued the industry for people who are outside of understanding what blockchain is about. “Crypto scams“ are those two words and have seen many people who could have been interested in the industry pushed away due to the potential of losing their investment and resulting in wasted time.  For many years now, two words have plagued the industry for people who are outside of understanding what blockchain is about. “Crypto scams“ are those two words and have seen many people who could have been interested in the industry...

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