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ETH/USD Eyeing 400 Again, But First...: Sally Ho's Technical Analysis 18 September 2020 ETH

Ethereum (ETH/USD) sought to reclaim some lost ground early in today’s North American session as the pair appreciated to the 386.98 area after trading as low as the 382.19 area during the Asian session, just above the 381.75 area that represents the 76.4% retracement of the recent depreciating range from 390.41 to 353.72.  Traders took the pair as high as the 394.55 area during the Asian session, and selling pressure prevented a test of the 399.87 area, representing the 50% retracement of the recent depreciating range from 488.95 to 310.79.  The next upside retracement levels in this range include the...

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Alt-chain DeFi projects make huge gains on Ethereum Rivals

The alt-chain DeFi world continues to be on fire, posting rapid growth as the newly launched platforms take on their Ethereum based rivals.  A recent explosion of activity led to skyrocketing use rates with some platforms that are only weeks old being listed with established ETH based names like Curve and Aave.  Source: https://dappradar.com/rankings/category/defi  At just over a week old, Unifi Protocol was one of the big winners this week.  Their week vaulted them to #10 on DappRadar.  This put them right in between the Ethereum giants Curve, Aave, and 1inch.  This was likely due to Unifi’s skyrocketing APY statistics...

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BTC/USD Bears Focused on 10760.37: Sally Ho's Technical Analysis 18 September 2020 BTC

Bitcoin (BTC/USD) continued to orbit the 11000 figure early in today’s Asian session as the pair retraced after trading as high as the 11099.95 area earlier this week.  Stops were elected below the 10760.37 area during yesterday’s North American session, just below the 38.2% retracement of the recent appreciation from 10211 to 11099.95.  The next downside retracement levels in this range include the 10655.48, 10550.58, and 10420.79 areas.  Additional Stops were elected below the 10797.84 area, representing the 23.6% retracement of the recent broader appreciation from 9819.83 to 11099.95.  The next downside retracement levels in this range include the 10610.94, 10459.89, and...

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Cameron Winklevoss explains how BTC is “emergent money”

Cryptocurrency is a term that has been used to describe assets such as bitcoin for over 10 years now but some people within the industry are sceptical on whether the “Currency” term is appropriate.  Instead, some people call these digital assets a “store of value”. Cryptocurrency is a term that has been used to describe assets such as bitcoin for over 10 years now but some people within the industry are sceptical on whether the “Currency” term is appropriate. Instead, some people call these digital assets a “store of value”. Over the past decade or so, the leading Cryptocurrency has...

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Australia doesn’t look like it will release its own CBDC any time soon…

Many countries all around the world are looking into central-bank digital currencies as a potential project to look into in the future.  China is effectively looking into its CBDC of the digital yuan and the Bank of England has even commented on it in the past. Many countries all around the world are looking into central-bank digital currencies as a potential project to look into in the future. China is effectively looking into its CBDC of the digital yuan and the Bank of England has even commented on it in the past. The Bahamas have even looked into this initiative...

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