Hot Topics

Advertisement

Advertisement

27 January 2020 - ETC/ EUR – Hourly

In this Hourly chart of Ethereum Classic / Euro (ETC/ EUR), there is a depreciating range from 8.469 to 7.111. We can observe that the market then appreciated to the 8.012 level (identified by the first red down arrow), just above the 7.950244 level that represents the 61.8% retracement of the depreciating range. We can observe that this was also very close to the 200-bar Simple Moving Average (identified in yellow). We can observe that the market then depreciated to the 7.377 level (identified by the blue up arrow), just below the 7.431488 level that represents the 23.6% retracement of...

Read More

26 January 2020 - BAT/ USDC – 4-hourly

In this 4-hourly chart of Basic Attention Token / United States dollar Coin (BAT/ USDC), there is a depreciating range from 0.226694 to 0.198400. We can observe that the market then appreciated to the 0.209808 level (identified by the red down arrow), right around the 0.209208 level that represents the 38.2% retracement of the depreciating range. We can observe that this was also very close to the 14-bar Simple Moving Average. We can observe that the market then depreciated to the 0.197594 before appreciating to the 0.206332 level and then depreciating again to the 0.202 level. Using RSI, we can...

Read More

Fidelity Ardently Seeking The Right Bitcoin Engineer For Asset Scaling

Fidelity is reportedly looking for a Bitcoin mining engineer whose main responsibility would be to help it boost its operations profile. The person chosen for the role would be expected to help build, design and of course maintain the infrastructure that Fidelity utilizes for Bitcoin mining. Fidelity began mining Bitcoin in 2014 when it was little more than a concept.   Fidelity is an asset management heavyweight who manages client assets that are worth more than $7 trillion. Looking to expand its operations and meet present and future challenges, objectives, and needs, it is currently on the lookout for a...

Read More

19 January 2020 - BCH/ GBP – Hourly

In this Hourly chart of Bitcoin Cash / British pound (BCH/ GBP), there is a depreciating range from 310.12 to 264.74. We can observe that the market then appreciated to the 288.84 level (identified by the red down arrow), just above the 287.43 level that represents the 50% retracement of the depreciating range.   These levels were also close to the 14-bar Simple Moving Average (identified in yellow), indicating around the 285.95 level. We can observe that the market then depreciated to the 255.00 level, below the 55-bar Simple Moving Average (identified in blue), indicating around the 266.34 area. Using RSI,...

Read More

Rumor Has It The Fed Is About To Launch The Digital Dollar

Rumor has it that the US Federal Reserve might be about to launch a digital dollar. The rumor was kicked off by a Tweet which said the Fed could announce the introduction of a digital dollar in as soon as 24 hours. This as to be expected generated lots of shocks and not a little surprise in varied corners of the globe. It later turned out that the rumor came from the quoted statements of former CFTC Chairman Chris Giancarlo. He is popularly known as Crypto Dad and was quoted while attending the Crypto Finance Conference holding in St. Moritz...

Read More