Blog — bitcoin

XRP is tanking as a result of SEC lawsuit, what are crypto experts doing? The price of XRP has dropped by over 40% in the last two days and is not showing signs of stopping. For those who have XRP, should you sell at a loss or should you HODL? Here is what some of the most popular crypto YouTubers are saying: Datadash: XRP dumped 25-33% Not affected by XRP dump as he took profit after the fork Concerned about ALT Coin dominance affected ETH, LTC and UNI are all testing upper resistance line Chainlink testing higher lows and lower highs...

Bitcoin shot past 20k on its 3rd attempt at 20k and is currently trading a little shy of 24k. Fib retracement shows that 24k is one resistance level followed by the next resistance at 30k. YouTubers are divided on where the correction is going to take place. Traders like Alessio has price targets up to 24k (taken profits?)  and is waiting for it to correct while other youtubers are staying on to 30k.  Overall: watch out at 24k & 30k Some youtubers have taken profits already and are lining new buy orders at 20k (test psyc support) Alts are getting hit badly (Currently on sale)...

Another week where BTC is teasing the 20k resistance with much wondering if it will break 20k before 2021.  Overall: BTC is currently in a wedge with a top at 20k. Bitcoin is testing 20k again and is unlikely to break it before 2021 if it does, target resistance at 23-25k Institutions are accumulating BTC but supply is limited (due to recent halvening) Altcoin may see moves in December BTC not making major moves into 20k territory Most youtubers are not trading until BTC has decided to go above 20k or drop to retracement levels. Join us at our next Zoom meeting  coming...

The defi craze is bringing life back to the crypto space with new projects showing up almost on a daily basis. Some are relating this defi boom to the ICO bubble of 2017 which has left many at a loss. 

As defi is still in its infancy stage, it is important to do your research before jumping into any new project. While there are many factors that contribute to a token’s success, there are also many red flags to look out for and many of them seem to remain consistent with the ICO bubble of 2017. We have in this article a list of common red flags one may be able to spot if they do their due diligence. While a project with one or more of these red flags does not mean it is a scam or it will fail, the risk is elevated and one must check in further details when doing due diligence before making an informed decision.

Bitcoin remains just under 20k and is seeing small retracements of up to 15-20%. Much smaller than the 30-40% anticipated by many who have been studying previous bull runs. Is this the new trend or is a 30-40% pull back long overdue? Lots of pumpamentals and dumpamentals discussed, many gameplans laid out by youtubers and predictions given on where BTC may go if it doesn't break 20k.  Join us at our next Zoom meeting  coming Wednesday as we discuss this more in details. Overall: Fundamentally speaking, lots of corporate buyers like Micro strategy buying in more BTC as well as positive regulatory news including US OCC...