Crypto Exchange Bitfinex Denies Rumors of 'Insolvency' and 'Banking Issues'
https://cointelegraph.com/news/crypto-exchange-bitfinex-denies-rumors-of-insolvency-and-banking-issues
https://cointelegraph.com/news/crypto-exchange-bitfinex-denies-rumors-of-insolvency-and-banking-issues
Cointelegraph
Crypto Exchange Bitfinex Denies Rumors of 'Insolvency' and 'Banking Issues'
Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, disproving claims the firm is “insolvent” or facing banking issues.
It is October 9th, 2018
BTC dominance is currently at 52.0% (-0.4%). The total market cap is currently $221.5 billion (+ $2.3 billion). The market volume of the last 24h was $12.4 billion (+ $0.8).
Fundamental analysis
CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-is-about-to-explode-points-to-pending-etf-decision
TRON CEO Claims Today’s Update Will Make It ‘200x Faster’ Than Ethereum
https://cointelegraph.com/news/tron-ceo-claims-todays-update-will-make-it-200x-faster-than-ethereum
https://www.coindesk.com/another-measure-of-bitcoin-price-volatility-hits-15-month-low/
Daily time frame : https://www.tradingview.com/x/SOOW0hDT/
Yesterday we saw finally some movement! It wasn't something big but compared to last few days it was nice difference. Now we are looking for scalping opportunites that will happen for sure!
H4 time frame : https://www.tradingview.com/x/FukETq7Z/
The green area is the area we are looking for long entries!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.0% (-0.4%). The total market cap is currently $221.5 billion (+ $2.3 billion). The market volume of the last 24h was $12.4 billion (+ $0.8).
Fundamental analysis
CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-is-about-to-explode-points-to-pending-etf-decision
TRON CEO Claims Today’s Update Will Make It ‘200x Faster’ Than Ethereum
https://cointelegraph.com/news/tron-ceo-claims-todays-update-will-make-it-200x-faster-than-ethereum
https://www.coindesk.com/another-measure-of-bitcoin-price-volatility-hits-15-month-low/
Daily time frame : https://www.tradingview.com/x/SOOW0hDT/
Yesterday we saw finally some movement! It wasn't something big but compared to last few days it was nice difference. Now we are looking for scalping opportunites that will happen for sure!
H4 time frame : https://www.tradingview.com/x/FukETq7Z/
The green area is the area we are looking for long entries!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision
CNBC’s Cryptotrader host Ran Neuner says it is “too obvious” that Bitcoin “is about to explode” soon, evidently due to the SEC’s much-anticipated ETF decision.
Do not let a trade become an investmnet, do not let an investmnet become a trade
We are eggar to share with you one of hundreds advices about trading and investing!
When you are loking for a trade, you are looking for potential entry and target point but most of you forget about stop loss! You keep that part for later in case it goes against you and that's the biggest problem!
Before entering a trade, you need 3 things to be defined: entry point, stop loss and target point! Once you enter the trade, stop loss and target point points MUST be on place!
When you are trading you need to cut your losses if price goes against you! Are you cutting your losses on time?
When trade goes against you, most of you will leave it and it will become an investmnet! You will say "Okay, it is going down but in couple of days it will make me profit!". Sometimes it will happen but sometimes you will end up in 50% loss or more! Cut your losses when price goes against you and focus on next trade!
When you are an investor, you are searching for company (in stock) or for coin( in crypto) to buy and hold for long term. When you find that company or coin, are you going to buy it? No, you will use your technical analysis to find profitable entry! Buying profitable company on its all time high will never make you a profit! Once you find the company or the coin and you found best entry point, you place entry orders! You are not using stop loss for an investmnet! Stop loss for an investmnet should be double or tripple check before investing! Once you buy the shares of the company or coin, you are holding it because it is your long-term investmnet! What do we mean by "Do not let an investmnet become a trade"?
Do not close it in tiny profit! Price may go up and the fear of losing will force you to close it! Do not do it! It is not a trade, but an investmnet with long-term goals! Once your investmnet reach your long-term target, you need to check price action and to book profit for that investmnet if price action confirms and focus on finding next potential investment!
Most of traders will be patient with losing trades and let it run because they hope it will make them profit! Sometimes it does but sometimes huge loss could happen! On the other side, once their long-term investment start to go in their direction, they become fearful and close in small profit! What will happen over the period of 100 trades if you are booking small profits and big losses? The math is very easy and this is the main reason why 90/90/90 rule works so well!
90% of new traders, lose 90% of their ccount in first 90 days!
Do not let yourself become one of them!
To your success, CS Team!
We are eggar to share with you one of hundreds advices about trading and investing!
When you are loking for a trade, you are looking for potential entry and target point but most of you forget about stop loss! You keep that part for later in case it goes against you and that's the biggest problem!
Before entering a trade, you need 3 things to be defined: entry point, stop loss and target point! Once you enter the trade, stop loss and target point points MUST be on place!
When you are trading you need to cut your losses if price goes against you! Are you cutting your losses on time?
When trade goes against you, most of you will leave it and it will become an investmnet! You will say "Okay, it is going down but in couple of days it will make me profit!". Sometimes it will happen but sometimes you will end up in 50% loss or more! Cut your losses when price goes against you and focus on next trade!
When you are an investor, you are searching for company (in stock) or for coin( in crypto) to buy and hold for long term. When you find that company or coin, are you going to buy it? No, you will use your technical analysis to find profitable entry! Buying profitable company on its all time high will never make you a profit! Once you find the company or the coin and you found best entry point, you place entry orders! You are not using stop loss for an investmnet! Stop loss for an investmnet should be double or tripple check before investing! Once you buy the shares of the company or coin, you are holding it because it is your long-term investmnet! What do we mean by "Do not let an investmnet become a trade"?
Do not close it in tiny profit! Price may go up and the fear of losing will force you to close it! Do not do it! It is not a trade, but an investmnet with long-term goals! Once your investmnet reach your long-term target, you need to check price action and to book profit for that investmnet if price action confirms and focus on finding next potential investment!
Most of traders will be patient with losing trades and let it run because they hope it will make them profit! Sometimes it does but sometimes huge loss could happen! On the other side, once their long-term investment start to go in their direction, they become fearful and close in small profit! What will happen over the period of 100 trades if you are booking small profits and big losses? The math is very easy and this is the main reason why 90/90/90 rule works so well!
90% of new traders, lose 90% of their ccount in first 90 days!
Do not let yourself become one of them!
To your success, CS Team!
It is October 10th, 2018
BTC dominance is currently at 52.3% (+0.3%). The total market cap is currently at $219.9 billion (- $1.6 billion). The market volume of the last 24h was $12.1 billion (- $0.3 bilion).
Fundamental analysis
Roger Ver: Bitcoin.Com May Launch Its Own Crypto Exchange
https://cointelegraph.com/news/roger-ver-bitcoincom-may-launch-its-own-crypto-exchange
Analyst: Ethereum Sell-Off in August Shows Crypto Has Hit a Bottom in 2018
https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/
Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows
https://cointelegraph.com/news/crypto-mining-becomes-less-profitable-shifts-towards-bigger-players-report-shows
Technical analysis
Daily time frame: https://www.tradingview.com/x/C8C33ISd/
The ranging period is still on...
Yesterday's daily close is showing potential drop but previous days were showing same signs bubt nothing did happen! That drop may be to 6550-6560 and then today's close around 6590 and then it will turn bullish again...
Currently, it is clear that accumulation period is active and we will have to wait for established trend, whether it is uptrend or downtrend in order to think of opening some bigger positions! Until that, we will try to find scalping opportunities!
H4 time frame :https://www.tradingview.com/x/NicyKuA4/
The green area is still holding and considering that it is still above mid bb, it is positive for bulls but considering a little bit more bearish daily, we are in big accumulation zone and no trade zone!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.3% (+0.3%). The total market cap is currently at $219.9 billion (- $1.6 billion). The market volume of the last 24h was $12.1 billion (- $0.3 bilion).
Fundamental analysis
Roger Ver: Bitcoin.Com May Launch Its Own Crypto Exchange
https://cointelegraph.com/news/roger-ver-bitcoincom-may-launch-its-own-crypto-exchange
Analyst: Ethereum Sell-Off in August Shows Crypto Has Hit a Bottom in 2018
https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/
Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows
https://cointelegraph.com/news/crypto-mining-becomes-less-profitable-shifts-towards-bigger-players-report-shows
Technical analysis
Daily time frame: https://www.tradingview.com/x/C8C33ISd/
The ranging period is still on...
Yesterday's daily close is showing potential drop but previous days were showing same signs bubt nothing did happen! That drop may be to 6550-6560 and then today's close around 6590 and then it will turn bullish again...
Currently, it is clear that accumulation period is active and we will have to wait for established trend, whether it is uptrend or downtrend in order to think of opening some bigger positions! Until that, we will try to find scalping opportunities!
H4 time frame :https://www.tradingview.com/x/NicyKuA4/
The green area is still holding and considering that it is still above mid bb, it is positive for bulls but considering a little bit more bearish daily, we are in big accumulation zone and no trade zone!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Roger Ver: Bitcoin.Com May Launch Its Own Crypto Exchange
Roger Ver revealed Bitcoin.com’s plans to buy or set up its own crypto exchange, operating Bitcoin Cash as its base coin.
3 Crypto Investment Mistakes you Must Avoid!
Most investors often complain that it is hard to make money in crypto market, blaming the crypto market for their losses. On the other hand, we also hear stories of savvy investors making spectacular profits from investment opportunities that are often missed by others. So what’s going on here?
After investing in crypto market for more than 5 years, I came to realise that most crypto investors often make the following mistakes that often cause them to get “rekt” and loose their money.
1. Investing based on emotions, without a logical pre-defined buy and sell rules
Most people often invest based on emotions. They usually buy a coin because they feel that the coin price would go up, without any idea on how much the coin they are buying is worth. Trouble is, our emotions tend to get the better of us most of the time and this often lead to poor investment decisions.
2. Stubbornly Holding On To Losing Coins
Without a logical set of pre-defined sell rules, investors often find themselves holding on to losing coins for a long time. They usually “justify” their decisions by thinking that the price of the coin will rise eventually.
The problem with this approach is that by holding on to losing coins for too long, the risk that the investor is assuming often rises to dangerously high levels. To make matters worse, when he finally decides to sell the coin, he will usually incur a loss that is much larger than intended.
3. Investing based on a prediction of the crypto market direction
At any one time, there would usually be one group of analysts predicting that the crypto market would go up and another predicting that the crypto market would crash. So who’s right?
The truth is, no one can consistently predict the direction of the crypto market. And contrary to popular belief, you do not need to predict the direction of the market in order to invest successfully! Rather, it is more important to able to spot whether the market is on and uptrend or downtrend and invest based on the current market trend.
So what does this all mean?
If you are planning to increase your wealth by investing in the crypto market, it is crucial that you avoid these investment mistakes at all costs. And that’s just the start! The next logical step before you start investing is to do deep research of the coins you intend to invest and make sure that coin is currently not overvalued. If you decide that coin has potential to grow in value next step is to pre-determine set of buy and sell rules. With these rules, you would likely to be less emotional when it comes to making investment decisions. In the long run, you stand a higher chance of achieving consistent profitability. So there you have it. All the best to your investment success!
Most investors often complain that it is hard to make money in crypto market, blaming the crypto market for their losses. On the other hand, we also hear stories of savvy investors making spectacular profits from investment opportunities that are often missed by others. So what’s going on here?
After investing in crypto market for more than 5 years, I came to realise that most crypto investors often make the following mistakes that often cause them to get “rekt” and loose their money.
1. Investing based on emotions, without a logical pre-defined buy and sell rules
Most people often invest based on emotions. They usually buy a coin because they feel that the coin price would go up, without any idea on how much the coin they are buying is worth. Trouble is, our emotions tend to get the better of us most of the time and this often lead to poor investment decisions.
2. Stubbornly Holding On To Losing Coins
Without a logical set of pre-defined sell rules, investors often find themselves holding on to losing coins for a long time. They usually “justify” their decisions by thinking that the price of the coin will rise eventually.
The problem with this approach is that by holding on to losing coins for too long, the risk that the investor is assuming often rises to dangerously high levels. To make matters worse, when he finally decides to sell the coin, he will usually incur a loss that is much larger than intended.
3. Investing based on a prediction of the crypto market direction
At any one time, there would usually be one group of analysts predicting that the crypto market would go up and another predicting that the crypto market would crash. So who’s right?
The truth is, no one can consistently predict the direction of the crypto market. And contrary to popular belief, you do not need to predict the direction of the market in order to invest successfully! Rather, it is more important to able to spot whether the market is on and uptrend or downtrend and invest based on the current market trend.
So what does this all mean?
If you are planning to increase your wealth by investing in the crypto market, it is crucial that you avoid these investment mistakes at all costs. And that’s just the start! The next logical step before you start investing is to do deep research of the coins you intend to invest and make sure that coin is currently not overvalued. If you decide that coin has potential to grow in value next step is to pre-determine set of buy and sell rules. With these rules, you would likely to be less emotional when it comes to making investment decisions. In the long run, you stand a higher chance of achieving consistent profitability. So there you have it. All the best to your investment success!
It is October 11th, 2018
BTC dominance is currently at 53.2% (+ 0.9%). The total market cap is currently at $205.8 billion (- $14.1 billion). The market volume of the last 24h was $13.5 bilion (+ $1.4 billion).
Fundamental analysis
Study: Bitcoin Whales Are Not Responsible for Volatility
https://cointelegraph.com/news/study-bitcoin-whales-are-not-responsible-for-volatility
Breaking: Harvard, Stanford, & MIT Have All Invested in Cryptocurrency Funds
A Solution to Crypto's 51% Attack? Fine Miners Before It Happen
https://www.coindesk.com/a-solution-to-cryptos-51-attack-fine-miners-before-it-happens/
Technical analysis
When it is no trade zone, then it is no trade zone! In last 7 days our team opened only 2 trades! One of them was long from 6413 that was closed at 6595 and another one was long on 6590 that was closed on 6595 (stop loss moved to that price after it went up but it came back so it was close on break even). Most of you will think that 2 trades in 7-10 days is too bad but at the end we are in profit and we are not caught in this huge drop!
Maybe you expected drop, maybe not! It is individual opinion but in general market looked very stable and this drop is result of auto-trading! Why?
Go to Bitmex and you will see BTC price at 6000. Go to Bitfinex, price will be at 6300. How? Simply, Bitmex is larger exchange and there were much more opened positions!
If you check out this chart https://www.tradingview.com/x/2ijasMz1/ you will see where were stop loss areas! Once big money managed to reach first stop loss area, chain reaction started and in 10 minutes we reached 6000!
When you open position, you have liquidation price and if that price is reached, trade is closed automatically! That's why, all trades with leverage greater than 20x were liquidated + all trades with stop losses! On the other side, on exchanges like Binance, price dropped to 6300 ( it was only drop of $150). Why?
Because Binance is not offering margin trading and holders are not worried about decline of few % in price! This difference in price is b best confirmation of price manipulation and auto trading!
We called drop in yesterdays post but we didnt expected this! We thought it may dump only $30-40 or in worst case scenario to reach low daily bollinger band (6410). But one thing was obvious that we were more bearish than bullish after higher low struggled to hold above support!
What now?
For investors, one more great discount on BTC and especially alts!
For traders, still no trade zone! You are now fighting not only agaist other traders, your own emotions but also against auto trading softwares! Once prices on Bitmex and Binance come closer, we may start looking for trading opportunites! The gap of $150 is too much and it is very hard to rely on any trading tool!
Make sure to read our next post today because we have something very positive to share with you! It was shared few weeks before this drop confirmed that so we have to share again!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 53.2% (+ 0.9%). The total market cap is currently at $205.8 billion (- $14.1 billion). The market volume of the last 24h was $13.5 bilion (+ $1.4 billion).
Fundamental analysis
Study: Bitcoin Whales Are Not Responsible for Volatility
https://cointelegraph.com/news/study-bitcoin-whales-are-not-responsible-for-volatility
Breaking: Harvard, Stanford, & MIT Have All Invested in Cryptocurrency Funds
A Solution to Crypto's 51% Attack? Fine Miners Before It Happen
https://www.coindesk.com/a-solution-to-cryptos-51-attack-fine-miners-before-it-happens/
Technical analysis
When it is no trade zone, then it is no trade zone! In last 7 days our team opened only 2 trades! One of them was long from 6413 that was closed at 6595 and another one was long on 6590 that was closed on 6595 (stop loss moved to that price after it went up but it came back so it was close on break even). Most of you will think that 2 trades in 7-10 days is too bad but at the end we are in profit and we are not caught in this huge drop!
Maybe you expected drop, maybe not! It is individual opinion but in general market looked very stable and this drop is result of auto-trading! Why?
Go to Bitmex and you will see BTC price at 6000. Go to Bitfinex, price will be at 6300. How? Simply, Bitmex is larger exchange and there were much more opened positions!
If you check out this chart https://www.tradingview.com/x/2ijasMz1/ you will see where were stop loss areas! Once big money managed to reach first stop loss area, chain reaction started and in 10 minutes we reached 6000!
When you open position, you have liquidation price and if that price is reached, trade is closed automatically! That's why, all trades with leverage greater than 20x were liquidated + all trades with stop losses! On the other side, on exchanges like Binance, price dropped to 6300 ( it was only drop of $150). Why?
Because Binance is not offering margin trading and holders are not worried about decline of few % in price! This difference in price is b best confirmation of price manipulation and auto trading!
We called drop in yesterdays post but we didnt expected this! We thought it may dump only $30-40 or in worst case scenario to reach low daily bollinger band (6410). But one thing was obvious that we were more bearish than bullish after higher low struggled to hold above support!
What now?
For investors, one more great discount on BTC and especially alts!
For traders, still no trade zone! You are now fighting not only agaist other traders, your own emotions but also against auto trading softwares! Once prices on Bitmex and Binance come closer, we may start looking for trading opportunites! The gap of $150 is too much and it is very hard to rely on any trading tool!
Make sure to read our next post today because we have something very positive to share with you! It was shared few weeks before this drop confirmed that so we have to share again!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Study: Bitcoin Whales Are Not Responsible for Volatility
A recent study by Chainalysis states that Bitcoin whales do not make markets more volatile.
Bitcoin dropped from $20 000 to $6 000 and they are still talking about some bubble? The bubble already bursted and posts like these are here to force further sell off because someone is willing to buy more at cheaper price!
https://www.ccn.com/strong-possibility-bitcoin-bubble-could-burst-in-the-near-future-report-claims/
https://www.ccn.com/strong-possibility-bitcoin-bubble-could-burst-in-the-near-future-report-claims/
CCN
‘Strong Possibility’ Bitcoin Bubble Could Burst in the Near Future, Report Claims
A study conducted by market research firm Juniper Research has cast doubts on bitcoin’s long-term prospects owing to various factors stacked against it including regulatory scrutiny. Per Windsor Holden, the author of the report noscriptd ‘The Future of Cryptocurrency:…
It is October 12th, 2018
BTC dominance is currently at 54.8% (+1.6%). The total market cap is currently at $198.0 billion (- $7.8 billion). The market volume of the last 24h was $15.1 billion (+ $1.6 billion).
Fundamental analysis
Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’
https://cointelegraph.com/news/crypto-exchange-bitfinex-suspends-fiat-deposits-expects-to-resume-within-a-week
Coinbase Launches First ERC-20 Token on Platform
https://cointelegraph.com/news/coinbase-launches-first-erc-20-token-on-platform
South Korea to Decide on ICO Legality in November, Official Says
https://www.coindesk.com/south-korea-to-decide-on-ico-permission-in-november-official-says/
Technical analysis
Daily time frame : https://www.tradingview.com/x/bufEUp1q/
BTC is testing one more time 6000 area! The price on Binance and other exchanges are still around 6300 while on Bitmex it is below 6200. Why is there this gap? Because Bitmex is margin exchange and you can only bet on the future price. You can't buy and withdraw BTC from Bitmex. That's why this gap is possible! If Bitmex is normal exchange, this gap wouldn't be possible because people would buy BTC there and sell on Binance for example and make money doing that!
After yesterday's drop, price is currently in 6150-6250 area! There is no news in the market that was the reason for this drop! We will see how BTC acts in this area! Any prediction is nothing but guessing right now! Need some clear signs that will be confirmed on other exchanges as well!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 54.8% (+1.6%). The total market cap is currently at $198.0 billion (- $7.8 billion). The market volume of the last 24h was $15.1 billion (+ $1.6 billion).
Fundamental analysis
Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’
https://cointelegraph.com/news/crypto-exchange-bitfinex-suspends-fiat-deposits-expects-to-resume-within-a-week
Coinbase Launches First ERC-20 Token on Platform
https://cointelegraph.com/news/coinbase-launches-first-erc-20-token-on-platform
South Korea to Decide on ICO Legality in November, Official Says
https://www.coindesk.com/south-korea-to-decide-on-ico-permission-in-november-official-says/
Technical analysis
Daily time frame : https://www.tradingview.com/x/bufEUp1q/
BTC is testing one more time 6000 area! The price on Binance and other exchanges are still around 6300 while on Bitmex it is below 6200. Why is there this gap? Because Bitmex is margin exchange and you can only bet on the future price. You can't buy and withdraw BTC from Bitmex. That's why this gap is possible! If Bitmex is normal exchange, this gap wouldn't be possible because people would buy BTC there and sell on Binance for example and make money doing that!
After yesterday's drop, price is currently in 6150-6250 area! There is no news in the market that was the reason for this drop! We will see how BTC acts in this area! Any prediction is nothing but guessing right now! Need some clear signs that will be confirmed on other exchanges as well!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’
Crypto exchange Bitfinex has temporarily suspended all fiat currency wire deposits for the Euro, USD, JPY and GBP, says they will resume “within a week.”
It is October 13th, 2018
BTC dominance is currently at 53.9% (-0.9%). The total market capis currently at $201.9 billion (+ $3.9 billion). The market volume of the last 24h was $11.9 billion (- $3.2 billion).
Fundamental analysis
South Korean Financial Regulator Reaffirms Negative Stance on ICOs and Crypto
https://cointelegraph.com/news/south-korean-financial-regulator-reaffirms-negative-stance-on-icos-and-crypto
CFTC Chair Giancarlo Says Institutional Investors Will Help Crypto 'Mature'
https://www.coindesk.com/cftc-chair-giancarlo-says-institutional-investors-will-help-crypto-mature/
TRON’s CEO Tweets of Forthcoming Partnership With ‘Industry Giant’ Valued at ‘$10s of Billions’
https://cointelegraph.com/news/trons-ceo-tweets-of-forthcoming-partnership-with-industry-giant-valued-at-10s-of-billions
Technical analysis
Daily time frame : https://www.tradingview.com/x/jDopOkZl/
So far this green area is holding and that's positive sign! We saw recovering in altcoin market that is one more good sign! There is no currently any FUD that would create further decline! Because of that price may stay around this are for some time and start with new uptrend. But in case market sentiment changes and we get some FUD, there is possibility of breaking this magic 6k area!
Our team is averaging our alt entries because we are still thinking that whole market is close to the bottom and if you spend some time to find good entries, that investment can bring you huge return later!
Be greedy when others are fearful, be fearful when others are greedy! If the market is falling, it doesnt mean that it wont pumping like crazy in 3 month or so. Just less than a year, we had crazy bull run! It won't happen again, that's a fact but the fact is also that similar bull run will happen for sure!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 53.9% (-0.9%). The total market capis currently at $201.9 billion (+ $3.9 billion). The market volume of the last 24h was $11.9 billion (- $3.2 billion).
Fundamental analysis
South Korean Financial Regulator Reaffirms Negative Stance on ICOs and Crypto
https://cointelegraph.com/news/south-korean-financial-regulator-reaffirms-negative-stance-on-icos-and-crypto
CFTC Chair Giancarlo Says Institutional Investors Will Help Crypto 'Mature'
https://www.coindesk.com/cftc-chair-giancarlo-says-institutional-investors-will-help-crypto-mature/
TRON’s CEO Tweets of Forthcoming Partnership With ‘Industry Giant’ Valued at ‘$10s of Billions’
https://cointelegraph.com/news/trons-ceo-tweets-of-forthcoming-partnership-with-industry-giant-valued-at-10s-of-billions
Technical analysis
Daily time frame : https://www.tradingview.com/x/jDopOkZl/
So far this green area is holding and that's positive sign! We saw recovering in altcoin market that is one more good sign! There is no currently any FUD that would create further decline! Because of that price may stay around this are for some time and start with new uptrend. But in case market sentiment changes and we get some FUD, there is possibility of breaking this magic 6k area!
Our team is averaging our alt entries because we are still thinking that whole market is close to the bottom and if you spend some time to find good entries, that investment can bring you huge return later!
Be greedy when others are fearful, be fearful when others are greedy! If the market is falling, it doesnt mean that it wont pumping like crazy in 3 month or so. Just less than a year, we had crazy bull run! It won't happen again, that's a fact but the fact is also that similar bull run will happen for sure!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
South Korean Financial Regulator Reaffirms Negative Stance on ICOs and Crypto
A top Korean financial regulator has reiterated his negative position on ICOs and digital currencies, though he does not deny the potential of blockchain.
Future of Bitcoin
Since the end of the last year, Bitcoin is in downtrend! Together with the Bitcoin, after short term pump in January, altcoin market went down too!
The reasons for overal downtrend in the market are different! One of them is for sure big difference between technology and price! Bitcoin was overvalued and definitelly the price didnt follow the technology but went up crazy because of market sentiment! Best confirmation is bitcoin fee that reached its peak in December 2017! Average fee was $40. Yeah, $40, while it is now few cents! If you are new to crypto, maybe you are surprised but for us to send Bitcoin in that time, whether it is $1 or $100 000 was extremelly difficult, slow and expensive! We remember that we were waiting 5 days for one transaction to be confirmed! Simply, the Bitcoin was overvalued in that time and correction was expected! On December 17th, 2018, day before big drop, in our channel we posted this chart: http://prntscr.com/l5jjo2
We are not going to tell that we predicted the drop but we warned the community at least! You can scroll up and find our articles from that time!
Another, maybe even bigger reason was launching futures trading! Enabling someone to profit from shorting overvalued asset will cause which scenario? In most cases, it will cause drop of course!
Now, no one is able to predict the future but in the post below, we are going to comare Bitcoin with Gold because both of them are used as a store of value!
Gold, same as Bitcoin went up in value before launching. Once it was launched, it went down and spent 2 years in a downtrend. Then Gold started with uptrend and 5 years from the launching CME price went almost 4 times up.
We are not saying that it will happen with Bitcoin! There is a lot of other factors that are important but so far price trends were similar so there is no reason why it wouldn't continue! Check the charts below for more info!
To your success, CS Team!
Since the end of the last year, Bitcoin is in downtrend! Together with the Bitcoin, after short term pump in January, altcoin market went down too!
The reasons for overal downtrend in the market are different! One of them is for sure big difference between technology and price! Bitcoin was overvalued and definitelly the price didnt follow the technology but went up crazy because of market sentiment! Best confirmation is bitcoin fee that reached its peak in December 2017! Average fee was $40. Yeah, $40, while it is now few cents! If you are new to crypto, maybe you are surprised but for us to send Bitcoin in that time, whether it is $1 or $100 000 was extremelly difficult, slow and expensive! We remember that we were waiting 5 days for one transaction to be confirmed! Simply, the Bitcoin was overvalued in that time and correction was expected! On December 17th, 2018, day before big drop, in our channel we posted this chart: http://prntscr.com/l5jjo2
We are not going to tell that we predicted the drop but we warned the community at least! You can scroll up and find our articles from that time!
Another, maybe even bigger reason was launching futures trading! Enabling someone to profit from shorting overvalued asset will cause which scenario? In most cases, it will cause drop of course!
Now, no one is able to predict the future but in the post below, we are going to comare Bitcoin with Gold because both of them are used as a store of value!
Gold, same as Bitcoin went up in value before launching. Once it was launched, it went down and spent 2 years in a downtrend. Then Gold started with uptrend and 5 years from the launching CME price went almost 4 times up.
We are not saying that it will happen with Bitcoin! There is a lot of other factors that are important but so far price trends were similar so there is no reason why it wouldn't continue! Check the charts below for more info!
To your success, CS Team!
Lightshot
Screenshot
Captured with Lightshot
It is October 14th, 2018
BTC dominance is currently at 54.0% (+0.1%). The total market caps is currently at $202.2 billion (+ $0.3 billion). The market volume of the last 24h was $9.2 billion (- $2.7 billion).
Fundamental analysis
Unconfirmed: TRON to Partner with ‘China’s Google,’ Baidu
https://cointelegraph.com/news/unconfirmed-tron-to-partner-with-chinas-google-baidu
What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage
https://www.ccn.com/whats-causing-2-bitcoin-premium-on-bitfinex-possibility-of-arbitrage/
Interview: Trader Says Tether Will be Replaced by New Stablecoins, Better for Crypto
https://www.ccn.com/interview-trader-says-tether-will-be-replaced-by-new-stablecoins-better-for-crypto/
Constantinople Nears: Ethereum's Next Hard Fork Is On Track for 2018
https://www.coindesk.com/constantinople-nears-ethereums-next-hard-fork-is-on-track-for-2018/
Technical analysis
Daily time frame : https://www.tradingview.com/x/GjRdjp9p/
It is at the same level as yesterday! The volume of the last 24h was below $10 billion and it is best proof of market uncertainty! We are writing these updtes for more than 2 months and the volume was always above $10 billion. Simply, we had 7 days of slow ranging market, then huge dip and then again moves of +/- $20 in the whole day...
As we stated yesterday, we are still waiting for margin trades and doing researches for altcoins in order to try to find profitable investment!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 54.0% (+0.1%). The total market caps is currently at $202.2 billion (+ $0.3 billion). The market volume of the last 24h was $9.2 billion (- $2.7 billion).
Fundamental analysis
Unconfirmed: TRON to Partner with ‘China’s Google,’ Baidu
https://cointelegraph.com/news/unconfirmed-tron-to-partner-with-chinas-google-baidu
What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage
https://www.ccn.com/whats-causing-2-bitcoin-premium-on-bitfinex-possibility-of-arbitrage/
Interview: Trader Says Tether Will be Replaced by New Stablecoins, Better for Crypto
https://www.ccn.com/interview-trader-says-tether-will-be-replaced-by-new-stablecoins-better-for-crypto/
Constantinople Nears: Ethereum's Next Hard Fork Is On Track for 2018
https://www.coindesk.com/constantinople-nears-ethereums-next-hard-fork-is-on-track-for-2018/
Technical analysis
Daily time frame : https://www.tradingview.com/x/GjRdjp9p/
It is at the same level as yesterday! The volume of the last 24h was below $10 billion and it is best proof of market uncertainty! We are writing these updtes for more than 2 months and the volume was always above $10 billion. Simply, we had 7 days of slow ranging market, then huge dip and then again moves of +/- $20 in the whole day...
As we stated yesterday, we are still waiting for margin trades and doing researches for altcoins in order to try to find profitable investment!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Unconfirmed: TRON to Partner with ‘China’s Google,’ Baidu
Crypto market news service Coinness claims that TRON is about to partner with China’s Internet giant Baidu, citing private correspondence with the former.
It is October 15th, 2018
BTC dominance is currently at 54.6% (+ 0.6%). The total market cap is currently at $198.9 billion (- $3.3 billion). The market volume of the last 24h was $9.6 billion (+ $0.4 billion).
Fundamental analysis
IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System
https://www.ccn.com/imf-rapid-growth-of-bitcoin-and-crypto-will-impact-global-financial-system/
China Threatens Overseas Tax Havens, Will Investors Flock to Crypto?
https://www.ccn.com/china-threatens-overseas-tax-havens-will-investors-flock-to-crypto/
Bear Market Sees Bitcoin Volume Approaching Yearly Low Once Again
https://www.ccn.com/bear-market-sees-bitcoin-volume-approaching-yearly-low-once-again/
Tehcnical analysis
Daily time frame : https://www.tradingview.com/x/JNWgJX0L/
Daily close showed us some downtrend momentum and now it is time to look for potential short triggers! But we wont ignore long entries too because currently there is a lot of possibilities and you should be open minded for both directions! Both would be considered as scalp because we do not expect major moves in any direction!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 54.6% (+ 0.6%). The total market cap is currently at $198.9 billion (- $3.3 billion). The market volume of the last 24h was $9.6 billion (+ $0.4 billion).
Fundamental analysis
IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System
https://www.ccn.com/imf-rapid-growth-of-bitcoin-and-crypto-will-impact-global-financial-system/
China Threatens Overseas Tax Havens, Will Investors Flock to Crypto?
https://www.ccn.com/china-threatens-overseas-tax-havens-will-investors-flock-to-crypto/
Bear Market Sees Bitcoin Volume Approaching Yearly Low Once Again
https://www.ccn.com/bear-market-sees-bitcoin-volume-approaching-yearly-low-once-again/
Tehcnical analysis
Daily time frame : https://www.tradingview.com/x/JNWgJX0L/
Daily close showed us some downtrend momentum and now it is time to look for potential short triggers! But we wont ignore long entries too because currently there is a lot of possibilities and you should be open minded for both directions! Both would be considered as scalp because we do not expect major moves in any direction!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
CCN.com
IMF: Rapid Growth of Bitcoin & Crypto Will Impact Global Financial System
The IMF has stated in a recently released report that the rapid growth of Bitcoin and crypto could impact the international finance system.
Get rid of USDT, this could be just a short-term but if we go back to January-Ferbruary 2018 when we had a lot of FUD about USDT, maybe it is the time when USDT is coming to an end!
Stay safe, currently it is safer to hold Bitcoin or any other cryptocurrency!
Stay safe, currently it is safer to hold Bitcoin or any other cryptocurrency!
More about USDT is coming today but if you are currently in USDT and you bbuy BTC or alts, you will be only 4% down and that's not a big deal. You have to know that if they prove that USDT is not backed by fiat, USDT will die and price could reach zero in few days! It wont affect crypto too much since we have now other stablecoins so we will find alternative but USDT holder could express huge losses! Currently it is only 4% drop but considering that it should be backed by $1, its price HAS to be always around $1 with allowed price fluctuations +/- $0.005. Even price fluctuation of 1 cent is too much!
USDT (aka Tether) should be backed by dollar! Every USDT should be backed by exactly $1 and the price of USDT should be stable at $1. But, since the end of 2017, there is rumor that USDT is backed by nothing or only some of USDT are backed by USD and the rest is just printed out of thin air.
If you scroll up and check our previous post, you will find a lot of things about tether! We shared our opinion at the beginning of 2018 that we do not think that USDT is backed by USD. Simply, if you were in crypto at the end of last year, they were printing Tether like crazy! Sometimes in 24 hours they printed like $200-300 million new tether tokens! Just few months ago, in March - April 2017, the total supply of tether was few millions! This huge expansion of tether is very hard to be backed by real USD in the bank!
Now, there is rumor that Binance is going to delist Tether. Also, there is rumor that Okex (still only in Chinese) will list all regulated stablecoins today - TUSD, USDC, Gemini dollar and Paxos. Deposits open today, trading open tomorrow.
If we consider all of this, if they prove that Tether is backed by thin air, Tether holders will be in serious problem!
Stay safe, do not risk being in Tether! There are a lot of other stablecoins that are growing and most likely that the end of USDT is very close!
This wont affect market negatively because tether is not the only stablecoin so maybe short term price fluctuation may happen but in longterm view crypto is safe!
To your success, CS Team!
If you scroll up and check our previous post, you will find a lot of things about tether! We shared our opinion at the beginning of 2018 that we do not think that USDT is backed by USD. Simply, if you were in crypto at the end of last year, they were printing Tether like crazy! Sometimes in 24 hours they printed like $200-300 million new tether tokens! Just few months ago, in March - April 2017, the total supply of tether was few millions! This huge expansion of tether is very hard to be backed by real USD in the bank!
Now, there is rumor that Binance is going to delist Tether. Also, there is rumor that Okex (still only in Chinese) will list all regulated stablecoins today - TUSD, USDC, Gemini dollar and Paxos. Deposits open today, trading open tomorrow.
If we consider all of this, if they prove that Tether is backed by thin air, Tether holders will be in serious problem!
Stay safe, do not risk being in Tether! There are a lot of other stablecoins that are growing and most likely that the end of USDT is very close!
This wont affect market negatively because tether is not the only stablecoin so maybe short term price fluctuation may happen but in longterm view crypto is safe!
To your success, CS Team!
BTC 6400 on Bitmex and 6900 on Binance?
How is that possilbe?
On Bitmex, we have trading based on USD valued and on Binance we have trading based on USDT value that is currently on $0.96 so price on Binance is higher because of difference between USDT and USD.
There is rumor that major exchanges will delist USDT. There is not confirmation on this rumor so far! Our recommendation is to stay in crypto and avoid being in USDT!
How is that possilbe?
On Bitmex, we have trading based on USD valued and on Binance we have trading based on USDT value that is currently on $0.96 so price on Binance is higher because of difference between USDT and USD.
There is rumor that major exchanges will delist USDT. There is not confirmation on this rumor so far! Our recommendation is to stay in crypto and avoid being in USDT!
It is October 15th, 2018
BTC dominance is currently at 54.1% (-0.5%). The total market cap is currently at $211.1 billion (+ $12.2 billion). The market volume of the last 24h was $22.2 billion (+ $12.6 billion).
Fundamental analysis
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
https://cointelegraph.com/news/third-top-cryptocurrency-exchange-okex-lists-four-stablecoins-at-once
**Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally
**
https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree
https://www.coindesk.com/bitfinex-says-withdrawals-are-fine-but-crypto-exchange-customers-disagree/
Technical analysis
Daily time frame : https://www.tradingview.com/x/DXWYb334/
BTC made huge pump yesterday from $6200 all the way up to $6800. After that it consolidated in $6400 area!
Tether rumors crashed tether one more time! Looks like other stablecoins are taking the place and that USDT is out of game!
Avoid being in USDT because it is currently the riskiest option! For margin trading, we are looking for both possibilities because we are targeting small moves since the market is very uncertain and in case you are opening swing with wider stop loss, that stop loss could be executed too far and loss could be huge!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 54.1% (-0.5%). The total market cap is currently at $211.1 billion (+ $12.2 billion). The market volume of the last 24h was $22.2 billion (+ $12.6 billion).
Fundamental analysis
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
https://cointelegraph.com/news/third-top-cryptocurrency-exchange-okex-lists-four-stablecoins-at-once
**Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally
**
https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree
https://www.coindesk.com/bitfinex-says-withdrawals-are-fine-but-crypto-exchange-customers-disagree/
Technical analysis
Daily time frame : https://www.tradingview.com/x/DXWYb334/
BTC made huge pump yesterday from $6200 all the way up to $6800. After that it consolidated in $6400 area!
Tether rumors crashed tether one more time! Looks like other stablecoins are taking the place and that USDT is out of game!
Avoid being in USDT because it is currently the riskiest option! For margin trading, we are looking for both possibilities because we are targeting small moves since the market is very uncertain and in case you are opening swing with wider stop loss, that stop loss could be executed too far and loss could be huge!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
OKEx has announced new listings for four stablecoins: TrueUSD, USD Coin, Gemini Dollar, and Paxos Standard Token.
It is October 17th, 2018
BTC dominance is currently at 53.8% (-0.3%). The total market cap is currently at $212.2 billion (+ $1.1 billion). The market volume of the last 24h was $12.1 billion (- $10.1 billion).
Fundamental analysis
Investment Giant Fidelity Launches Digital Assets Services Targeting Institutional Investors
https://cointelegraph.com/news/investment-giant-fidelity-launches-digital-assets-services-targeting-institutional-investors
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
https://cointelegraph.com/news/report-bitfinex-shifts-its-banking-business-to-hong-kong-based-bank-of-communications
Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation
Technical analysis
Daily time frame : https://www.tradingview.com/x/wgGkY5lt/
Bitcoin made up move but struggled to close above all major resistances! Currently it is still below mid bb, EMA 50 and this purple area that was support and currently it is resistent for Bitcoin! As long as it is below these resistance lines, it can't be considered as bullish!
Most likely, in upcoming days BTC is stay in this range from 6100 to 6800.
We would like to give some signals but the market conditions is not in our favour. If you look back, 2 or 3 weeks before, after big dump of $1000+ we expected continuation! Once it didnt happen, we saw that consolidation is coming and 3 weeks later, we are still in the range! From this point, we may easily stay in the same range for upcoming few weeks! Yeah, not days but weeks! More we stay in the range, it will be more bullish than bearish.
So, when market is offering you trading opportunity, trade it! When it is no trade zone, take time to learn and grow so you can be ready for more active market!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 53.8% (-0.3%). The total market cap is currently at $212.2 billion (+ $1.1 billion). The market volume of the last 24h was $12.1 billion (- $10.1 billion).
Fundamental analysis
Investment Giant Fidelity Launches Digital Assets Services Targeting Institutional Investors
https://cointelegraph.com/news/investment-giant-fidelity-launches-digital-assets-services-targeting-institutional-investors
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
https://cointelegraph.com/news/report-bitfinex-shifts-its-banking-business-to-hong-kong-based-bank-of-communications
Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation
Technical analysis
Daily time frame : https://www.tradingview.com/x/wgGkY5lt/
Bitcoin made up move but struggled to close above all major resistances! Currently it is still below mid bb, EMA 50 and this purple area that was support and currently it is resistent for Bitcoin! As long as it is below these resistance lines, it can't be considered as bullish!
Most likely, in upcoming days BTC is stay in this range from 6100 to 6800.
We would like to give some signals but the market conditions is not in our favour. If you look back, 2 or 3 weeks before, after big dump of $1000+ we expected continuation! Once it didnt happen, we saw that consolidation is coming and 3 weeks later, we are still in the range! From this point, we may easily stay in the same range for upcoming few weeks! Yeah, not days but weeks! More we stay in the range, it will be more bullish than bearish.
So, when market is offering you trading opportunity, trade it! When it is no trade zone, take time to learn and grow so you can be ready for more active market!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Investment Giant Fidelity Launches Digital Assets Services Targeting Institutional Investors
U.S. investment giant Fidelity has announced the launch of a digital assets custody and trade execution company.