Blog — news

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 liquidators behind New Zealand crypto exchange Cryptopia recently opened up the claims process for the 940,000 affected users. Emails were sent out to affected users with instructions to self identify and receive a claims number. Many were skeptical when the email first came out as no official announcement on the website or social media accounts went before the emails. Liquidator Grant Thornton provided an update on their website a few days after the first email recipients received their emails on Twitter and on the liquidator's website.   If you did not receive an email, it may be in the spam folder or may not have been...

A great week for crypto.  Bitcoin is close to its all time highs of 2017 licking 19.5k before consolidating to 19.2k. Looking at the macro picture, we are seeing a lot of institutions and corporate players buying and holding bitcoin and rumors of a shortage of Bitcoin in the OTC space with a declining bitcoin balance on exchanges (sign of buying). It is also noted that retail buyers are not as excited at the moment (Google search still no where close to 2017 search highs). On the alts side, we saw a mini alt season with a number of alts seeing...

Here's the crypto roundup for today Datadash -BTC is volatile -Alts are taking a beating -Those who got in at 2017 are planning on selling their BTC to break even as BTC gets closer to 20k -Intuitions are getting ready for next macro cycle (Negative interest rates, bail ins & inflation) ---> People are moving to crypto for a better place to store their value Satoshi Stacker -  Ethereum is ready to launch -ETH is at Same price as Oct 2017 price.  -ETH has historically outperformed BTC during bull markets. but also dropped more during bear markets -Defi search traffic on...