Ergo’s smart contracts and DeFi functionality are built on Sigma protocols – a powerful, flexible class of zero-knowledge proofs. Find out more about why they’re so important, and how they put Ergo head and shoulders above the competition. Cryptography is a fascinating area, and one of the most exciting and intriguing concepts it offers […]
TL;DR BTC has held $10,000 – so far. The weekly close will be informative, and time is running out on this correction. Bitcoin has once again kept traders on the edge of their seats this week, with a series of moves that will have taken many by surprise. After the abrupt plunge below $9,500 […]
With talk of a global recession growing louder, it’s time to consider what BTC might do in this scenario – one it’s never seen before. Bitcoin is well into its new bull market, having seemingly completed its first leg up and pullback and now looking at getting the job done in earnest. At the […]
‘Realised Cap’ is closing in on $100 billion, giving us another way of assessing bitcoin price developments in the medium-term future. In this report, we’re going to take a look at the longer-term picture for bitcoin. In particular, we’ll look at what’s been going on with the Realised Cap metric, which we’ve looked at […]
The bank warns the dollar’s dominance could be coming to an end, and to prepare accordingly. JP Morgan has urged its international high net-worth clients to reduce their exposure to the dollar in favour of gold and international currencies. The investment bank did not recommend them to buy bitcoin, but the wider effect […]
TL;DR bump, bump, bumping on the ceiling. Bitcoin is keeping traders on the edge of their seats, flipping from bullish to bearish and back repeatedly over the course of recent days. We have a collection of resistance factors in play in the same area, and bitcoin has now risen to meet these, backed […]
There have been big moves on the market with a rise above $12k – and Max Keiser predicting $15k this week. Bitcoin has proven extremely strong this week, breaking multiple key resistance levels. On Saturday it pushed through the 50-day moving average. Yesterday, BTC broke the important $11.2k resistance zone, which marked the last […]
TL;DR Onwards and upwards! Bitcoin has been stuck in a short-term bearish phase for the last month, since topping out at $13,880. That may have finally changed yesterday when BTC broke above key resistance. Over the past few weeks we have seen a succession of lower highs, with the last around $10,200. Bitcoin […]
TL;DR Consolidation continues with bitcoin’s channel-bound trading. The overall direction is still gently downwards, but it is fair to expect this relative calm to end soon. Let’s start by recapping the big picture: for the past five weeks, bitcoin has been correcting since its near-moonshot to $13,880. It has traded within a broad channel, […]
TL;DR we’re waiting for resolution of the channel, with a bearish bias. Bitcoin price action has remained within the same channel that BTC has traded within for the past 5 weeks now. A glance at the daily chart is enough to give a clear picture. Price has been trending downwards since the spike up […]
No Comments