This Newsfeed Highlights what affect all cryptocurrency prices and much more.
Bought SHIB at $3,400 last Aug is now $1.55B
In brief Oct 28
Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55B
A SHIB hodler who spent $3,400 on the memecoin last August is now a crypto billionaire from that purchase alone, with the asset gaining 94278239.8%% over the past year. — Team Vicro
SHIB surges over 45%
In brief Oct 27
Shiba Inu surges over 45% in two days to reach an all-time high.
The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which was followed by a week-long support at roughly $0.00002796. — Team Vicro
Tesla support crypto payments
In brief Oct 26
Tesla hints it may soon resume support for crypto payments.
Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. — Team Vicro
Musk doesn’t own any SHIB
In brief Oct 25
SHIB plummets 20% as Elon Musk reveals he owns none.
SHIB quickly crashed 20% as Tesla CEO and dog-token proselytizer Elon Musk announced he owns none of the canine-themed coins. — Team Vicro
Turn $100 into $36,205 in 1o months
In brief Oct 24
How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months.
Warren Buffett said that “What we learn from history, is that people don’t learn from history.” Crypto traders can change that. — Team Vicro
BTC to $250K
In brief Oct 23
Analysts hold their $250K Bitcoin price target even as BTC falls below $60K.
Crypto markets take a turn for the worse after hitting record highs earlier in the week, with Bitcoin down 6% near the $60,000 level. — Team Vicro
ETH overtake XRP
In brief Oct 22
Ripple CEO says the SEC helped Ethereum to overtake XRP as No.2 crypto.
The Ripple boss claims his company was unfairly treated which has given Ethereum the edge. — Team Vicro
BTC Futures $1B
In brief Oct 21
Bitcoin futures ETF hits $1B AUM in a record-breaking two days.
The ProShares Bitcoin ETF has beaten an 18-year-old record for the fastest fund to a billion-dollar AUM. — Team Vicro
Facebook insufficient to manage risk
In brief Oct 20
Senators pressure Facebook to ‘immediately discontinue’ Novi wallet pilot.
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot.
FB has repeatedly made conscious business decisions to continue with “actions that have harmed its users and the broader society,”
Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient.”— Team Vicro
BTC futures launch this week
In brief Oct 19
Valkyrie will launch Bitcoin Futures ETF this week.
Bloomberg ETF analysts are predicting Valkyrie’s futures-based Bitcoin ETF will commence trading this week. — Team Vicro
Crypto and marketing
In brief Oct 18
Fasten your seatbelt: Crypto’s impact on marketing has only just begun.
The marketing will adjust to a new crypto future, with a decentralized consumer community, operating via Web 3.0.— Team Vicro
Why HODL for 48 hours?
In brief Oct 17
Because your altcoin wallet will thank you
Even in the fast-paced cryptocurrency market, favorable conditions that fuel massive rallies often take days to materialize. — Team Vicro
BTC to $62K
In brief Oct 16
Bitcoin (BTC) price tops $62,000 after Jack Dorsey announces Bitcoin mining Plans.— Team Vicro
SEC allow BTC futures ETF
In brief Oct 15
SEC likely to allow Bitcoin futures ETF to trade next week.
The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday. — Team Vicro
G7 leaders guidelines
In brief Oct 14
G7 leaders issue central bank digital currency guidelines.
Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. — Team Vicro
Binance $1B BSC ecosystem
In brief Oct 13
Binance to launch $1B fund to develop BSC ecosystem.
The announcement stated that the program is the largest ever announced in the crypto space. — Team Vicro
FB engineers jump to Crypto fund
In brief Oct 12
Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund.
The engineers will provide technical advice to Andreessen Horowitz’s portfolio companies. — Team Vicro
El Salvador fund veterinary hospital with BTC trust
In brief Oct 11
El Salvador to build a $4M veterinary hospital using profits from Bitcoin trust.
Salvadoran president Nayib Bukele said no Bitcoin will be sold to fund the investment, with the state instead drawing USD from its Bitcoin trust. — Team Vicro
What Bitcoin correction?
In brief Oct 10
BTC price holds $55K despite several bearish indicators.
Bitcoin price refuses to pull back despite Bollinger Bands and Fear and Greed pointing to an overheated rally. — Team Vicro
Building ‘OnlyFans on blockchain’
In brief Oct 9
Building ‘OnlyFans on blockchain’ is a huge, untapped opportunity.
Attempts by traditional financial institutions to censor adult content on OnlyFans have highlighted the need for decentralized platforms, according to Dfinity founder. — Team Vicro
Institutions buying BTC rather than Gold
In brief Oct 7
Institutions buying Bitcoin rather than gold as inflation cranks up.
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin. — Team Vicro
Is SEC approve BTC futures ETF?
In brief Oct 6
Are whales front-running the approval of a Bitcoin futures ETF?
Bloomberg says there is a 75% chance that the SEC will approve a Bitcoin futures ETF this month. — Team Vicro
SEC won’t ban crypto
In brief Oct 6
Gensler confirms SEC won’t ban crypto … but Congress could.
Gary Gensler’s SEC has disregarded standard practice when going after crypto. — Team Vicro
Institutions back BTC
In brief Oct 5
Institutional bulls back BTC after weeks of altcoin accumulation.
Institutional crypto appetites have shifted away from altcoin back to BTC, with BTC investment products leading the inflows for digital asset products for the 2nd week in a row. — Team Vicro
BTC surge to $49K
In brief Oct 4
Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs.
AXS, LUNA, and a handful of altcoins rallied to new highs shortly after the Bitcoin price rallied to $49,200. — Team Vicro
ETH and Risk
In brief Oct 3
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH.
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price. — Team Vicro
ETH 100% gain in 4Q
In brief Oct 2
3 factors that can send Ethereum price to 100% gains in Q4.
Three bullish indicators converge as Ether, climbs over 9% on Oct. 1 to cross $3,000, a psychological resistance level.
- ETH-BTC correlation against rising U.S. inflation. Consumer spending.
- Supply squeeze. Hard fork upgrade on Aug. 5 that further raised the bullish outlook.
- Cup and handle. Lower supply and higher demand serve as a bullish backstop for the price of Ether.
— Team Vicro
BTC mining in Iran
In brief Oct 1
The billion-dollar Bitcoin mining industry resumes in Iran after a three-month ban.
The extreme heat of the summer has subsided, so crypto mining has been given the green light as it can no longer be blamed for stressing the electricity grid. — Team Vicro
US BTC ATMs
In brief Sept 30
Kraken reveals many US BTC ATMs still use default admin QR codes.
Kraken has urged BATMTwo ATM owners and operators to change the admin QR code for their ATMs to avoid potential attacks. — Team Vicro
Biden and Crypto regulations
In brief Sept 29
Opposition mounts to Biden’s OCC pick fears she could regulate crypto into oblivion.
Texas Senator, politicians, and bankers that are opposed to the nomination of Biden’s pick Saule Omarova. — Team Vicro
Institutions buying short
In brief Sept 28
Institutional investors bought the dip as China FUD broke.
While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows. — Team Vicro
30% of Salvadorans use Chivo Wallet
In brief Sept 26
A third of Salvadorans ‘actively’ using Chivo wallet.
On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community. — Team Vicro
BTC will be ultra-volatile
In brief Sept 25
Bitcoin will be ‘ultra-volatile,’ but it’s here to stay.
Expect Bitcoin to enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future. — Team Vicro
From BTC to ETH Futures
In brief Sept 24
Ether futures are currently trading at a premium as investors make the switch from Bitcoin-based products. — Team Vicro
Crypto owners and celebrities
In brief Sept 23
Almost half of the crypto owners turn to celebs like Kim Kardashian for advice.
A surprisingly large proportion of crypto owners report they would purchase a crypto asset because it is endorsed by a celebrity or influencer. — Team Vicro
Traders buy the BTC dip
In brief Sept 21
Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets.
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn’t deterring pro traders from buying the BTC dip. — Team Vicro
BTC and Henry Ford 100 years ago
In brief Sept 20
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold.
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period. — Team Vicro
Evolve or die: Smart Contracts
In brief Sept 18
How smart contracts are shifting the crypto sector’s balance of power.
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange. — Team Vicro
$1.2B ETH withdrawn
In brief Sept 17
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow.
It’s the second time this year and the price went vertical last time. — Team Vicro
BTC and Baby Boomers
In brief Sept 16
There’s a BTC boom among Baby Boomers reports BTC Markets.
Crypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange. — Team Vicro
BTC energy use in 2021
In brief Sept 15
2021’s BTC energy use passes 2020’s, as the study claims each tx produces 272g of e-waste.
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study. — Team Vicro
In brief Sept 13
Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’.
The 6th largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200B. — Team Vicro
$38K for BTC emerges
In brief Sept 12
Here are the BTC price levels to watch as $38K emerges as bulls’ line in the sand. At writing, BTC is $45,339
A weekly close much below current levels would be a problem, as key moving averages hang in the balance. — Team Vicro
Government employee and Mining
In brief Sept 10
Government employee accused of mining crypto at public’s expense.
The New York county clerk office employee allegedly used over 40 devices to mine crypto unlawfully.— Team Vicro
State of GA and Mining
In brief Sept 9
Bitmain brings 56K Bitcoin miners to the state of Georgia.
The $62M deal is expected to generate $10M in monthly revenue for ISW Holdings. — Team Vicro
El Salvador must process BTC
In brief Sept 8
El Salvador says merchants must process BTC transactions — or they may face action.
El Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions. — Team Vicro
El Salvador purchases first 200 BTC
In brief Sept 7
El Salvador purchases the first 200 BTC, President Bukele confirms, and is the first country in the world to recognize Bitcoin as legal tender.
Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society. — Team Vicro
BTC in September
In brief Sept 5
Betting on a Bitcoin bull run? Not in September.
Next month is a classic underperformer for BTC/USD, and judging by the current price action, 2021 is no exception. — Team Vicro
Marc Cuban and DOGE
In brief Sept 4
Mark Cuban’s Dallas Mavericks offer cashback rewards on Dogecoin purchases
DM fans who spend $150 Dogecoin in one transaction will receive a $25 e-gift card that they can use for purchases at the team’s online store. — Team Vicro
Cardano’s Coinfirm partnership
In brief Sept 3
Charles Hoskinson responds to criticism over Cardano’s Coinfirm partnership.
Weiss Crypto, the subsidiary of financial rating firm Weiss Ratings, slammed Cardano’s partnership with Coinfirm, describing it as a “bad move all around. — Team Vicro
NYC and Crypto
In brief Sept 2
Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’.
Some mayors of U.S. cities large and small have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets. — Team Vicro
BTC test lower support levels
In brief Sept 1
Bitcoin price turns to test lower support levels as $50K stays out of reach.
It’s a frustratingly sideways market for Bitcoin bulls as August ends and September, which is typically a boring month for BTC price, looms. — Team Vicro
Institutions remain bullish on Cardano and Ether
In brief August 31
Institutions remain bullish on Cardano and Ether.
Ether and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. — Team Vicro
What’s next for Crypto?
In brief August 30
Crypto, Congress and the Commission: What’s next for the ‘Wild West’?
Recently, there’s been much regulatory activity around crypto.
Anyone whose business deals with digital assets will need to pay attention. — Team Vicro
BTC great weekly close
In brief August 29
BTC is in line for ‘phenomenal’ weekly close if BTC price holds $49K.
The final hurdle for Bitcoin bulls this week could still cancel out recent losses if downward BTC pressure stays away. — Dr. Victoria
BTC to hit 30K or 100K this year
In brief August 28
Bitcoin could hit $30K or $100K this year and the next months are key.
BTC price forecasts differ hugely depending on the methodology used, but stock-to-flow creator PlanB favors his $100,000 average target. — Dr. Victoria
NFT sold for $900M
In brief August 27
Record $900 million month for NFT sales as CryptoPunks go stratospheric.
Almost $400M has been spent on CryptoPunks over the past 30 days. — Dr. Victoria
DOGE ready to run
In brief August 26
Bullish thesis for Dogecoin?
Dogecoin is easy to understand and captures the attention of blue-collar traders. – Dr. Victoria
BTC hashrate triples
In brief August 25
Bitcoin hashrate triples since June 28 in recovery from China syndrome.
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. – Dr. Victoria
BTC vs SOLANA
In brief August 24
Institutional investors bet big on Solana while BTC outflows persist.
Solana represented 1/3 of total inflows to institutional crypto investment products this past week. – Dr. Victoria
BTC to double
In brief August 22
New data suggests Bitcoin could see BTC price ‘double bubble’ top in 2021.
The “Bitcoin Bubble Index” is heavily hinting that another BTC price local peak will come this year. – Dr. Victoria
BTC to 50K
In brief August 21
Bitcoin’s race to $50K heats up as solid institutional backing continues.
Bitcoin’s recent “golden cross” pattern formation was previously witnessed when BTC’s value surged on two occasions in 2020. – Dr. Victoria
Coinbase to buy more crypto
In brief August 20
Coinbase will buy $500M in crypto and invest 10% of all future profits in digital assets.
CEO Brian Armstrong expects the percentage of profits spent on cryptos to grow over time. – Dr. Victoria
Ether as No.1 Crypto
In brief August 19
Ethereum’s rise to No.1 crypto seems unstoppable.
DOGE Foundation re-established
In brief August 18
The team officially re-establishes Dogecoin Foundation after 6 years
Advisory board members for the foundation include Vitalik Buterin, Billy Markus, Max Keller, and Neuralink CEO Jared Birchall — representing Elon Musk’s interests.
After several years of nearly total media silence, the Dogecoin Foundation is coming back to support core developers and projects benefiting the meme-based cryptocurrency. – Dr. Victoria
DOGE to the moon
In brief August 17
Doge is being adopted by new investors at a level not seen since the late-2017 bull market, from July 2020 to 25% in August 2021.
On-chain activity and trading volumes at major exchanges have analysts convinced that DOGE is turning bullish again. – Dr. Victoria
In brief August 16
CyberKongz’ mass monkey minting burns $4M in Ether in 5 hours
The NFT monkey minting frenzy has caused gas prices to skyrocket again. – Dr. Victoria
London court orders Binance to trace hackers
In brief August 14
London court orders Binance to trace hackers behind the $2.6M Fetch.ai attack.
We need to dispel the myth that crypto assets are anonymous.
The reality is that with the right rules and applications they can be tracked, traced, and recovered. – Dr. Victoria
US Congress to amend crypto tax definition
In brief August 13
Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill.
A Californian congresswoman has written to Speaker Nancy Pelosi expressing concerns about the controversial new mandate for crypto tax reporting.– Dr. Victoria
Poly Network hacker returns $258M
In brief August 12
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. – Dr. Victoria
Ether supply flips
In brief August 11
Ethereum supply flips briefly into deflation as gas fees spike.
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far. – Dr. Victoria
Israel’s Mossad is hiring a crypto expert
In brief August 10
The job listing outlines that the intelligence agency is seeking someone with an in-depth understanding of the world of fintech and digital currencies. – Dr. Victoria
Brazilian Bitcoin ETF carbon neutral
In brief August 9
Hashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech. – Dr. Victoria
Ethereum soars above $3K
In brief August 8
ETH price soars above $3K into ‘red zone’ triggering sell-off fears.
An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally. – Dr. Victoria
In brief August 7
BTC price blasts through $43K, hitting its highest price since May.
Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have been anxiously awaiting. – Dr. Victoria
BREAKING: White House supports changes to crypto tax proposal
In brief August 6
White House reportedly supports only minor changes to crypto tax proposal
The crypto community is rallying against an amendment to the U.S. infrastructure plan that would maintain strict reporting requirements for developers and validators while exempting miners. – Dr. Victoria
Fidelity purchases 7.4% stake in mining company
In brief August 5
Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake in a major North American mining company, Marathon Digital Holdings.
The shares have been spread across four of Fidelity’s index-based funds. – Dr. Victoria
Google running crypto ads
In brief August 4
Google’s new policy went into effect on August 3.
Advertisers offering cryptocurrency exchange and wallet services are once again allowed to market their products. – Dr. Victoria
Bitcoin and MicroStrategy
In brief August 3
There’s no reason not to hold Bitcoin for 100 years, MicroStrategy CEO Michael Saylor says.
Nobody is in a hurry with Bitcoin, “We’re thinking that it’s the future of the property.” – Dr. Victoria
In brief August 2
BTC sets up Q4 BTC price top as illiquid supply hits all-time high
Recent events mean that a Q4 “blow-off top” is now back on the menu as BTC price recovery clings to its 23% weekly gains. – Dr. Victoria
German institutions can hold crypto
In brief August 1
German law allows institutional funds to hold crypto comes into effect Aug. 2
As much as $415B worth of investments could flow into crypto as new laws governing German Spezialfonds go into effect. – Dr. Victoria
Binance completes Polygon wallet integration
In brief July 31
Binance indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge. – Dr. Victoria
MicroStrategy pledges to buy more BTC
In brief July 30
As of June 30, 2021, MicroStrategy held an approximated 105,085 BTC with a carrying value of $2.051B
This is at a total impairment loss of $689.6M since the acquisition of the digital asset. – Dr. Victoria
In brief July 29
$60K is now more likely for Bitcoin than $20K.
The latest crypto ban in China is bullish for Bitcoin and the U.S. dollar. – Dr. Victoria
ETH grew faster than BTC
In brief July 28
ETH’s trading volume increased by 1,461% over the first half of 2021.
The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year. – Dr. Victoria
Bitcoin back to $37K
In brief July 27
Bitcoin at $37K is a ‘trend change’.To validate the trend, BTC has to break out of the $30,000-$40,000 range it has been stuck into for 2 months.
SpaceX owns BTC
In brief July 22
Musk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability.
Way to go. – Dr. Victoria
BTC struggles below $31K
In brief July 20
Institutional demand for Bitcoin evaporates as BTC struggles below $31K
A lack of institutional demand and several bearish factors are complicating all efforts to pull BTC’s price back above $31K. – Dr. Victoria
Artist Damien Hirst says NFTs are like ‘the invention of paper’
In brief July 17
We live in a world where you can have artworks, prints, and editions.
Also, it seems like you can have artworks, prints, editions, and NFTs.
NFTs are changing the world, and they will change the world. – Dr. Victoria
Spike Lee’s TV ad for crypto touts it as new money for a diverse world
In brief July 15
Old money pushes us down, exploits, and systematically oppresses us, says Lee.
New money is positive, inclusive, fluid, and strong culturally rich.
BTC helped the unbanked and to get justice. – Dr. Victoria
BTC at the bottom near $32K
In brief July 14
Bulls absent as BTC price slips to the bottom of its range near $32K.
Traders are sitting on their hands even as BTC price drops closer to a critical support level at $32K. – Dr. Victoria
The Sotheby winner spends a fortune in crypto
In brief July 13
A massive diamond just sold on Sotheby’s for a whole lot of crypto.
Art and jewelry brokerage Sotheby’s put a 101.38-carat diamond up for auction, fetching over $10M in crypto for the rock on July 9. – Dr. Victoria
BTC price refuses to fall below $30K
In brief July 12
Strong BTC accumulation as BTC price refuses to fall below $30K
Investors with a long-term risk outlook have started accumulating Bitcoin during its recent downtrend. – Dr. Victoria
Exchanges: Bridging the gap between sovereignty and performance
In brief July 11
The crypto dream is to make the exchange of value global and frictionless, but security and scalability concerns are driving constant trade-offs.
Prefunding on exchanges results in problems and risks that pose a significant barrier to the adoption of digital assets.
To gain a competitive advantage, exchanges need to explore ways to preserve user sovereignty without compromising on performance.– Dr. Victoria
BTC volatility is synonymous with low liquidity markets
In brief July 10
BTC bulls pushed above $34K but bearish factors remain a threat short term.
On July 9 crypto market saw a moderate relief rally but BTC could still drop to the $24-$29K short-term. – Dr. Victoria
ETH’s London launch August 4 fork
In brief July 9
Ethereum’s London upgrade deployed to final test ahead of August 4 fork.
The long-awaited EIP-1559 upgrade is just 26 days away now.
This is really exciting. – Dr. Victoria
A reality show is casting crypto users
In brief July 8
Casting director Jessica Jorgensen offers crypto users locked out of their wallets a way to have options or even access tokens locked away.
The series offers consultations from cryptocurrency and cybersecurity experts to help users recover access to their funds. – Dr. Victoria
ETH is becoming a dominant store of value
In brief July 7
Ether has the crypto highest real use potential and is the most popular development platform for smart contract applications. – Dr. Victoria
UBS warns about regulators
In brief July 6
Investors stay clear as regulators could pop ‘bubble-like crypto markets’.
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets.
Know what you are doing and educate yourself is key. – Dr. Victoria
Grayscale’s big GBTC unlocking in two weeks
In brief July 4
Bitcoin price $30,000-$40,000 have traders brace for the 16,000 BTC worth of GBTC shares unlocking in two weeks.
Will a potential sell-off of shares tied to a multi-billion dollar Bitcoin BTC investment fund crash the cryptocurrency’s spot prices further?
Grayscale Bitcoin Trust, allows institutional investors to gain indirect exposure in the Bitcoin market through its product, GBTC. – Dr. Victoria
Coinbase CEO met with Fed chair in May
In brief July 3
Coinbase CEO, Armstrong said he spoke about China’s central bank digital currency with lawmakers believing it to be a threat to U.S. reserve currency status long term. – Dr. Victoria
ETH staking industry
In brief July 2
Eth2 could kick-start the $40B staking industry by 2025.
Proof-of-stake coin yields are attractive investments in this zero-rate environment. – Dr. Victoria
ETH as the biggest Crypto
In brief July 1
Ether, most likely, will become the 2nd biggest or, biggest crypto one day.
ETH has “a very different use case” compared to BTC that has a beautifully designed store of value.
ETH however can serve as the base layer for Web 3.0 even though facing tough competition from Solana, Terra, and other ecosystems. – Dr. Victoria
France: Time to regulate crypto
In brief June 30
Europe needs to move as quickly as possible or risk an erosion of our monetary sovereignty, said Francois Villeroy de Galhau, Bank of France governor.
Make crypto regulation a priority or risk digital assets challenging its monetary sovereignty. – Dr. Victoria
ETC upcoming hardfork
In brief June 29
Ethereum Classic gets a major upgrade in July saving users on gas fees.
“Magneto,” will include the four Ethereum Improvement Proposals, or EIPs, first seen in ETH Berlin earlier this year.
Exciting. – Dr. Victoria
In brief June 28
Bitcoin bounces off $30K amid ‘possibility’ of exit to mid-$40K range.
We could see BTC price action target levels north of $40,000 again. – Dr. Victoria
In brief June 27
Celsius, the centralized cryptocurrency lending platform said at BTC 2021 in Miami that he sees Bitcoin reaching $160K this year, or possibly a bit lower.
We haven’t seen the highs yet for 2021. –Dr. Victoria CEO
Cardano in El Salvador
In brief June 26
There have been talks with some officials and parties in El Salvador, and Hoskinson may do a state visit. So far they have sent out all the documentation and requests for that, so they will meet with the President.
But it’s basically going to be in their hands.
Cardano recently announced government deals in Ethiopia and Tanzania to roll out blockchain infrastructure related to education and internet connectivity. –Dr. Victoria CEO
ETH London upgrade launches on testnet
In brief June 25
Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2.
The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. –Dr. Victoria CEO
$3.6B in BTC vanishes in a ‘hack’
In brief June 24
Is it a scam or a hack?
US miner raises $105M
In brief June 23
US miner Stronghold Digital Mining raises $105M.
In two private placements, they are supporting its model for sustainable Bitcoin mining to recycling waste coal into crypto. –Dr. Victoria CEO
Bank of Israel’s digital shekel pilot is underway
In brief June 22
The Bank of Israel is issuing a central bank digital currency through a pilot test of a digital shekel.
It will be a payment system. BTC is not a payment system, and it is not a currency. In the best situation, it is a financial asset. –Dr. Victoria CEO
A RUNE with a view
In brief June 20
We caught a 48% price pump.
THORChain and Kyber provide the perfect examples.
Quant analysis and breaking news can help cryptocurrency investors to capitalize on volatile markets. –Dr. Victoria CEO
Decentraland, has sold for more than $913,000
In brief June 19
Republic Realm, Virtual Real Estate, closed on the largest land acquisition in @decentraland history with NFTs.
The plot actually represents 259 parcels of digital land, with the transaction settling for 1,295,000 of Decentraland’s native MANA tokens — worth roughly $913K.
Let’s see what they will do with it. –Dr. Victoria CEO
BTC could hit $85K in months
In brief June 18
Bitcoin is still below a key moving average, and that is “not a bullish sign,” says a new report, but signs of a rebound have finally arrived.
Uncertainty about how President Biden will tackle cryptos in relation to recent ransomware attacks is holding the price down for now. –Dr. Victoria CEO
Crypto panic is subsiding. Now’s the perfect time to buy.
In brief June 17
Why the crypto markets dump a trillion dollars in market cap, we’ve seen most of this panic:
- China banned the BTC.
- Previous Tax Day cycles have hit local lows 7 days before Tax Day.
- Elon Musk’s 180 on BTC May 17 when Tesla sold holdings due to environmental concerns over energy consumption.
–Dr. Victoria CEO
More Brits bought crypto than shares
In brief June 16
Brits have become more eager to invest in cryptos than in traditional stocks and shares-based investments.
7% of British adult respondents reported they had bought crypto over the last year, compared to 5% who invested in stocks and shares ISAs (individual savings accounts). –Dr. Victoria CEO
BTC and MicroStrategy
In brief June 15
Business intelligence firm MicroStrategy announced it would use $488M from the proceeds of a private offering sale to buy Bitcoin.
The company said it may also sell up to $1 billion of its stock for the same reason.
BTC and Tesla
In brief June 14
Tesla CEO Elon Musk says his electric vehicle company will start accepting Bitcoin payments.
Once there’s confirmation that miners are utilizing clean energy, Musk is offering a glimmer of hope that the FUD surrounding digital assets could soon subside. –Dr. Victoria CEO
BTC Bitcoin’s impending death cross
In brief June 13
Here’s how BTC’s impending death cross could be a contrarian buy signal.
BTC’s sharp corrections from its ATH at $64,900 have turned investor sentiment negative, short-term.
Some believe the bottom is hit, but others warn of a further fall due to the “Death Cross” pattern is completed.
BTC traders are sitting on their hands after spotting a death cross on the daily chart but could this be a buy signal for contrarian investors? –Dr. Victoria CEO
BTC breakout after month-long consolidation
In brief June 12
Ever since BTC fell nearly 60% from ATH, it has been thrown back & forth awaiting a breakout.
Investors continue to get overwhelmed with bullish & bearish news which has created a large amount of indecision throughout the cryptocurrency space.
Bulls want to believe the bull market is still underway and bears are calling for the start of the bear market. –Dr. Victoria CEO
BTC Mining Council confirms Elon Musk has ‘no role’
In brief June 11
MicroStrategy boss Michael Saylor aims to foster BTC education regarding the environmental impact of the digital asset.
The Bitcoin Mining Council is to promote transparency, endorse good practices, and foster Bitcoin education. –Dr. Victoria CEO
Buterin turned 25K into 4.3M
In brief June 10
Record $141M outflow from Bitcoin
In brief June 8
The latest report is that outflows from institutional BTC investment products continue to surge.
Institutional investors are continuing to reduce Bitcoin exposure, with BTC investment products seeing a record outflow of $141M this past week. –Dr. Victoria CEO
BTC bear market coming to an end
In brief June 7
Bears seem to be in control, but sellers are facing exhaustion.
Many new investors have been selling at a loss, but this process seems to be almost done.
Let’s bet on the bulls starting to run again–Dr. Victoria CEO
Solar-powered Bitcoin mining facility in the US
In brief June 6
Jack Dorsey CEO of Square Inc, a crypto-friendly mobile payments company, is planning to invest $5M in a solar-powered Bitcoin mining facility for Blockstream Mining in the US.
Square will demonstrate how BTC mining in conjunction with renewable energy can help drive the clean energy transition. –Dr. Victoria CEO
Bitcoin a unit of account by 2031
In brief June 5
Bitcoin may be just 10 years away from seeing mass adoption in an event known as “hyperbitcoinization.”
That’s according to participants of the BTC 2021 conference in Miami, who on June 4 delivered surprisingly optimistic verdicts on when hyperbitcoinization will come. –Dr. Victoria CEO
DOGE on Coinbase
In brief June 4
High-flying crypto Dogecoin DOGE is now available for trading on Coinbase Pro, the professional version of America’s largest exchange.
Still unclear if the coin will become available to retail traders on Coinbase.
Right now Dogecoin is the 6th largest cryptocurrency with a market cap of $52B. It has gained over 30% since the start of the month due to the listing and Tesla CEO Elon Musk’s continued support. –Dr. Victoria CEO
Bitcoin taxed like fiat currency
In brief June 3
U.S. regulatory bodies are moving to regulate and further tax Bitcoin because it’s competing with the U.S. dollar.
Governments throughout history have been “notoriously very eager to have control of the money,” and predicted they “will never give up control.”–Dr. Victoria CEO
Bitcoin $145K long term
In brief June 2
BTC could still hit $145K in the long term, but in the short term, the price of the cryptocurrency may still drop further.
Over the last 10 days, BTC dropped from around $57K to test the $30K mark before recovering at $36K at press time.
Will BTC will continue to trade between $24K and $36K in the mid-term? –Dr. Victoria CEO
Bitcoin running towards $50K
In brief June 1
Bitcoin could be on track to revisit the $50,000 level.
However, despite recording its third-biggest monthly drop in its entire history, investors and traders are positive. –Dr. Victoria CEO
Bitcoin bears are back
In brief May 31
BTC failed to clear the $37K resistance.
There is a key bearish trend line forming with resistance near $36K on the hourly chart.
The risk is of more losses below $34K down to $33K. –Dr. Victoria CEO
Cardano leads market recovery ahead of Memorial Day
In brief May 30
Fears of a nasty pre-Memorial Day selloff in cryptocurrencies may have been overstated, early indicators suggest.
ADA was back in the spotlight Sunday, leading market recovery following news that the developer network was inching closer to launching smart contracts. –Dr. Victoria CEO
Is BTC dropping further
In brief May 29
A new wave of selling pressure happened on May 28 as BTC dropped to $35,100 and traders seem generally disinterested in buy the dip ahead of the weekend.
Institutional investors have held firm in their resolve to stay committed to ‘we bought the dip’ and have retail traders wondering if Bitcoin price is in for further downside. –Dr. Victoria CEO
Will Cardano (ADA) shock traders
In brief May 28
Is Cardano is ready to freakin’ explode this Summer? Will POS blockchain chock traders with a series of bullish developments.
There are loads of new applications launching in anticipation of the smart contract launch on Cardano.
May 16 Cardano was at $2.45 and now trading at $1.64.–Dr. Victoria CEO
BTC needs to break $40K to validate the uptrend toward $50K
In brief May 26
BTC has proved to investors that it can come out of the ditch it fell into last week by gaining considerable ground to $40K.
Increasing skepticism in the market limits BTC’s ability to continue with the uptrend.
BTC corrected from highs around $40K but secured support at $36,400. –Dr. Victoria CEO
ETH running above $2,760
In brief May 25
Ether extended its recovery wave above the $2,550 and $2,600 levels.
There was a break above a crucial bearish trend line with resistance near $2,250.
The pair is now showing positive signs above $2,500, but it is also facing hurdles near $2,760. –Dr. Victoria CEO
It’s not about where we are, but where we’re going
In brief May 24
Coinbase received skepticism because of the sensation surrounding cryptos.
The “Wild West” nature of crypto is distracting from what is really happening.
A long-term investor should look at possibilities for Coinbase. –Dr. Victoria CEO
ADA Creator: After 900% gains you’ll get pullbacks
In brief May 23
Hoskinson: Volatility is to be expected. Welcome to crypto. That’s how crypto works. It goes way up, it goes way down. You guys can’t get 900% gains without expecting some pullbacks.
“We’re reconstructing society, and there are trillions if not tens of trillions of dollars of collective value in the activity.” –Dr. Victoria CEO
BTC heading to $500,000
In brief May 22
Is BTC heading to $500,000 even though some conditions have changed?
The environmental concerns and the percentage of Bitcoin mined with renewables and hydroelectric power is quite substantial.
Since renewables rely on intermittent sources like wind and sun, the excess power generated from these technologies could be offloaded into Bitcoin mining making BTC mining a greener industry. –Dr. Victoria CEO
Crypto regulatory crackdown is starting
In brief May 21
Caitlin Long, Avanti Financial is optimistic about the U.S Crypto regulatory crackdown that has begun in the United States as the focus is on taxation and compliance.
Rest assured this is not a BTC ban by all means. –Dr. Victoria CEO
BTC drop under $40K
In brief May 19
When BTC dropped under $40K exchanges saw over 30K BTC transferred.
This has been the largest single-day deposit at exchanges after the March 2020 crash.–Dr. Victoria CEO
Institutions dump BTC as volume soars for ETH funds
In brief May 18
Institutional investors appear to have sold $100M worth of BTC last week while Ether investment product volumes surged.
Where is the market headed next? –Dr. Victoria CEO
BTC consumes less energy than Banking and Gold
In brief May 17
Apart from negative comments, Bitcoin actually consumes less energy than gold, banks, and other financial systems.
Usage by the banking industry is harder to gauge as it does not directly report electricity consumption data. –Dr. Victoria CEO
In brief May 16
CARDS CardStarter, is up over 40,000% since launching in mid-April, catapulting from a price of $0.15 at launch to a high of $60.70 on May 11th.
CARDS has retraced since and is trading at $54.19 at the time of writing, with a daily trading volume of $10.91M. –Dr. Victoria CEO
Will most investors miss ETH rally?
In brief May 15
ETH is on one hell of a run. But…is there a correction at some point?
The Ether tsunami is people thinking a major correction’s going to happen. Most likely not.
I predict blue skies perhaps to $10K long-term. –Dr. Victoria CEO
Dogecoin up 23%
In brief May 14
Fourth-ranked cryptocurrency DOGE shows a 23% rise as Elon Musk confirms his “strong” support of the crypto.
Elon calls for a carbon tax to be implemented.
Musk receives support from Michael Saylor and Pompliano for clean Bitcoin mining. –Dr. Victoria CEO
ETH $500B market cap
In brief May 12
ETH tops $500B market cap, with double-digit gains.
High-flying Ether went from its ATH at the time of $4,200 to below $3,700 in hours.
However, ETH recovers all losses but also emerging higher to its latest record of $4,360. –Dr. Victoria CEO
BTC Pump in 2 week
In brief May 11
FBs CEO Zuckerberg announced on May 10 the names of his pet goats. “Bitcoin and Max.”
If Zuck announces that he/FB has purchased BTC during their annual shareholder’s meeting in 2 weeks… The pump will be glorious.”
Elon Musk and Tesla pump were amazing, now get ready for the Mark Zuckerberg Facebook pump! –Dr. Victoria CEO
Ethereum breaks $4K
In brief May 10
Ethereum broke the $4,000 level this morning ahead of the upcoming Ethereum Improvement Proposal (EIP)-1559 in July.
The world’s second-largest asset by market cap $470B.
It settles billions of dollars in transactions each day, its circulating supply is 115 million and it trades at $4,130 at press time. –Dr. Victoria CEO
Can BTC soon break $60K
In brief May 9
Bitcoin price started a fresh increase above $56,500. BTC is now approaching a major break, with a major hurdle near $60,000.
The price is now trading well above $58,000 and the 100 simple moving average (4-hours).
There is a major contracting triangle forming with resistance near $60,000.
BTC is likely to accelerate higher once it clears the $60,000 resistance zone in the near term. –Dr. Victoria CEO
Bitcoin jumps another 4% gains
In brief May 8
BTC Whales and Institutions buy more and looking forward to breaking past its crucial resistance of $59,000.
At press time, BTC is trading 4.12% up at $58,120 with a market cap of $1.086 trillion. –Dr. Victoria CEO
Just the beginning for altcoins 2021
In brief May 7
The altcoin market cap has flipped, and the last time that happened, it gained 27,623% in a year.
Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot.
Those are the potential combined returns for altcoin investors if history repeats itself this year. –Dr. Victoria CEO
PayPal reports ‘really great results’
In brief May 6
PayPal’s president and CEO, Dan Schulman said digital assets had performed strongly for the company in Quarter 1.
He believes crypto and central bank digital currencies will be a driving force in forging “a more equitable financial system.”
Following the success of PayPal, the firm now focuses on future plans for digital assets. –Dr. Victoria CEO
Is DOGE running to $1
In brief May 5
On Tuesday Dogecoin hit $0.50 and ATH.
Dogecoin continues to confound observers who were intended as a joke.
However, Dogecoin is turning out to be one of the most profitable jokes in the cryptocurrency space, hence its miraculous surge since the start of the year.
–Dr. Victoria CEO
Range-bound BTC opens the door for altcoins
In brief May 4
Bitcoin remains pinned below $58K while Ether price soars to new highs of $3,338.
This has many shouting out that a new ‘altcoin season has commenced.
Meanwhile, Bitcoin’s price is continuing to meet resistance around the $56K to $58K level.
The number of ETH held on centralized exchanges falls.–Dr. Victoria CEO
Ethereum hits $3,000
In brief May 3
Ethereum hits $3K on several exchanges and is now larger than BoA and Walt Disney in market cap and even further growth may be on the horizon.
The world’s largest smart contract-enabled layer-one has grown 24% on the week to $346.72 billion. –Dr. Victoria CEO
ETH breaks away to an ATH
In brief May 2
Ethereum hit new all-time highs after a rocky April. Developers and analysts delve into the factors behind the ETH price surge.
2021 promises a crucial year for the ETH blockchain integrating with Eth2.
The blockchain will part ways with its original proof-of-work consensus algorithm in favor of the touted energy and cost-efficient proof-of-stake consensus. –Dr. Victoria CEO
SEC enforcement chief steps down after a few days of starting
In brief April 30
SECs new enforcement chief, Alex Oh, has resigned from her position days after taking the role.
Oh stepped down to avoid distraction as she deals with controversies arising from a case she worked on in the past.
The case relates to Oh’s defense of Exxon against allegations that the firm had supported the torture and murder of Indonesian villagers. –Dr. Victoria CEO
Mining improvement in energy efficiency
In brief April 29
Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.
The Beijing Municipal Bureau of Economy and Information Technology sent an emergency notice to the city’s data center operators asking them to report whether they are involved in mining Bitcoin and other cryptos.
Way to go. –Dr. Victoria CEO
Is Ether at $3,000 possible
In brief April 27
ETH pivotal at $2,500 but is $3,000 achievable?
On Monday, Ether closed the gap heading to $2,500. A brief break above saw bulls shift their attention toward a record high of $2,600.
Selling pressure is apparent and $2,500 remains unshaken.
Ether trades marginally under $2,500 amid the intense tug of war. –Dr. Victoria CEO
XRP co-founder proposes alternatives to the Proof-of-Work POW to make BTC sustainable
In brief April 26
Ripple follows a federated consensus model with XRP.
They have joined the Crypto Climate Accord, how to develop solutions that enhance sustainability and scalability in the crypto while creating value.
XRP was designed with sustainability in mind. –Dr. Victoria CEO
More losses in BTC
In brief April 25
If BTC fails $52K there is a risk of more losses near $48K.
Any more losses a fresh drop towards the $46-45K is possible near term.
Buyers are lining up. –Dr. Victoria CEO
ALGO becoming a carbon-negative blockchain
In brief April 24
Smart contracts platform Algorand partnered with ClimateTrade to launch a “sustainability oracle” that makes the blockchain carbon-negative.
In celebration of #EarthDay, Algorand pledges to be the greenest carbon-negative #blockchain. –Dr. Victoria CEO
BTC tumbles 10% in 12H
In brief April 23
Bitcoin is now down 23% from its all-time high after quickly crashing below $50,000.
What’s next?–Dr. Victoria CEO
UNI deploys V3 contracts
In brief April 21
Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration.
UNI announced the successful deployment of V3’s smart contracts to all Ethereum test networks.–Dr. Victoria CEO
Offical Doge Day
In brief April 21
Today is the official DOGE day and it’s celebrated by Snickers and Milky Way specifically amongst many other followers.
At writing the price is 0.394226
All the way to the Moon little Doge. –Dr. Victoria CEO
Newegg accepting Doge for payments via BitPay
In brief April 20
Online retailer Newegg has introduced support for DOGE payments on its platform, boosting the meme token’s price considerably.
At writing the price is 0.41620
Way to go Doge. –Dr. Victoria CEO
XRP price stuck in a descending channel
In brief April 19
XRP had a 300% run from $0.50 to $1.95.
For the last 4 days, XRP has failed to break upwards out of its price channel.
This bearish trend was sped up as BTC tumbled nearly 15% yesterday to $50K.
This downward drop is still in an uptrend. –Dr. Victoria CEO
$10B crypto liquidated as BTC collapses to $51K
In brief April 18
BTC collapsed to $51,541 at 3:36AM UTC on the Bitstamp exchange, trimming over $10K within 24H.
BTC’s swiftly recovered to $56K.
Binance, the largest exchange by daily trading volume, is responsible for 49% with $4.7B worth of liquidations. –Dr. Victoria CEO
Bitcoin downside looks limited
In brief April 17
After an ATH above $64,500, BTC retraced to $61,000 after news about Turkey’s ban on crypto trading.
However, at press time, BTC is trading at a price of $62,099 with a market cap of $1.163 trillion.
Bitcoin’s downside from here is limited. –Dr. Victoria CEO
Is ETH at $3K possible
In brief April 16
ETH is at writing $2434. Ether’s break above the ascending triangle is now moving toward the 34% target to $2,664.
Support proves the uptrend is intact and market stability has not been compromised and the rise is to go above $3,000. –Dr. Victoria CEO
LINK’s new ATH
In brief April 15
NCFX fintech delivering price transparency to the fragmented FX markets, will provide traditional financial market data on the blockchain through LINK’s data oracle service.
Chainlink, LINK 10th largest crypto with a market cap above $16B has risen almost 26% in 24 hours.–Dr. Victoria CEO
BTC hit $ 64K and Toddler BTC Hodler interview, Michael Saylor
In brief April 14
BTC reaches ATH above $64K.
Three-year-old Lily Knight, the world’s youngest BTC educator interviewed billionaire MicroStrategy founder Michael Saylor on April 13.
Lily noted that Saylor’s accumulation of more than 2B worth of BTC since August 2020 had been a “ballsy move.”
Way to go. –Dr. Victoria CEO
Thorchain lauching today
In brief April 13
Thorchain’s launch is scheduled for today and will mark the first time that native crypto assets can be traded on a DEX.
Thorchain has no bridges, no wrapping, it is a native asset, swapped across chains in a decentralized way, for the first time ever.
Exciting. –Dr. Victoria CEO
Keep Network unveils v2 specs for tBTC protocol
In brief April 12
The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC.
The tBTC emerged to be the first solution to bring tBTC into the Ethereum Network.
In a trustless and truly decentralized way using Keep Network infrastructure they are able to store and compute data hidden even from itself.–Dr. Victoria CEO
The Rise of ETH
In brief April 11
Etherium’s tremendous upside potential could overshadow BTC this year.
ETH has the potential to go to $10K during 2021. –Dr. Victoria CEO
BTC hits $61,500
In brief April 10
Bitcoin returned to $60K as a bout of long-overdue volatility hit the market in line with expectations.
While BTC is grinding up to another ATH, being a bear is expensive.–Dr. Victoria CEO
In brief April 9
ETH has outperformed BTC by 250% since its inception.
Altcoins with an active ecosystem of devs and apps will likely beat out Bitcoin over time. –Dr. Victoria CEO
Miners are back in accumulation mode
In brief April 8
5,000 BTC added to Bitcoin’s unspent supply since the start of February.
Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March. –Dr. Victoria CEO
Bitcoin’s Big Evolution
In brief April 7
Bitcoin regulations are set for a ‘big evolution’ and that is why Goldman Sachs is very proactive in regards to digital currency and the digitization of money.
The most important question is always, what their clients need. –Dr. Victoria CEO
BTC hash rate new ATH, as BTC exchange balance is at a 2 year low
In brief April 6
BTC Miners are not liquidating their BTC to buy new mining rigs. Rather they are purchasing it through cash at the moment.
Long-term holders have resolved to holding their coins instead of liquidating their supply.
Also, big players have moved their BTC supply into cold storage.
As a result, BTC balance at exchanges has touched a two-year low.
Undiscovered Crypto gem
In brief April 5
U.S. Global Investors have a massive stake in HIVE Blockchain Technologies HIVE, the biggest publicly traded Ether miner.
Any incremental move higher in HIVE’s price will result in tremendous value to U.S. Global Investors’ shareholders. –Dr. Victoria CEO
Is BTC about to rally
In brief April 4
Bitcoin price is in corrective gains from $60K against the US Dollar.
BTC is likely to start a fresh increase as long as there is no close below $56,500 and $55,250. –Dr. Victoria CEO
Bitcoin bubble or not
In brief April 3
Bubble or a drop in the ocean?
Friday BTCs reached $1T milestone.
The diversification between BTC and traditional assets provides better risk-adjusted performance for investors, which can’t be ignored.
To date, less than 10 tradable assets have achieved this feat. –Dr. Victoria CEO
Bitcoin hits $60K and Coinbase goes public
In brief April 2
First, Bitcoin hit $60K Friday as the focus was on Coinbase (COIN) going public on April 15.
Second, Morgan Stanley’s filed with SEC’s pro-crypto securities filing for 12 new funds. –Dr. Victoria CEO
In brief April 1
NY State Governor is introducing blockchain-based vaccine certificates.
The Prime Minister of South Korea has also announced a blockchain-based vaccine certificate that will launch later this month.
However, this concept has proven controversial across the world.
What do you think? –Dr. Victoria CEO
PayPal and LTC
In brief March 31
Litecoin is expected to move through its resistance of $214 as PayPal enables Crypto payments.
Slowly but surely everybody much conform to the digital asset world–Dr. Victoria CEO
XRP hodlers to intervene in SEC vs Ripple case
In brief March 30
XRP Hodlers granted permission to file a request for a motion to intervene in SEC vs Ripple Labs and two of its high profile executives: Garlinghouse and Larsen. –Dr. Victoria CEO
Gains overshadow those with losses
In brief March 29
The global cryptocurrency market is rejuvenating.
As the top 10 digital currencies are exhibiting a less binding correlation the new bullish positioning of the market capitalization is up 2.43% to $1.75T.
It is a testament to the resilience of the bulls who forcefully helped regain the market amidst an unprecedented sell-off seen in the previous week.
–Dr. Victoria CEO
Billion-dollar companies are building on VeChain
In brief March 28
VeChainThor public blockchain is the #1 choice for businesses building real world products. VeChain has:
- Solves unstable transaction fees with its VET-VTHO 2-token model.
- Eliminated congestion with a scalable network that proactively adjusts itself in response to network usage. –Dr. Victoria CEO
In brief March 27
Ethereum’s sideways consolidation to continue as an indicator shows ETH is currently undervalued.
Ether is still fine, despite the further dropdowns, while a bottoming construction should be close.–Dr. Victoria CEO
China ready for Digital Market
In brief March 26
Alipay and WeChat Pay, have a 98% market share of China’s online payments marketplace.
Now they will meet tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan.
In the event, the Lionshare of 98% crashes there is a backup to safeguard the economy.
Way to go. –Dr. Victoria CEO
BTC plunges despite Tesla boost
In brief March 25
Tesla’s announcement that it would accept BTC as payment for its electric vehicles, turned jittery and a decline of more than $5,500.
An expectation that the Fed would intervene if the bond yields rise too fast didn’t happen.
No intervention led to worries and as a result, tech stocks and BTC performed extremely well during the pandemic risk downside corrections. –Dr. Victoria CEO
BTC miners prefer HODLing over selling
In brief March 24
BTC continues to trade in a downward pressure consolidating around $54K.
However, the world’s largest cryptocurrency valuations stay above $1 trillion and will probably never go below that ever again.
There is hope.–Dr. Victoria CEO
The weakening of capital inflows cause BTC to fall
In brief March 23
Since the February price highs and heightened volatility, we have seen a steady decline in appetite amongst investors.
It’s just a matter of time until the market swings back into an upward trend.–Dr. Victoria CEO
Cardano Could Reach Billions of Users, According to Charles Hoskinson
In brief March 22
It’s a matter of scale.
BlackBerry, MySpace, and Netscape on Ethereum have fragility, and when things change, they change very quickly in technology. –Dr. Victoria CEO
Ether must hold $1,700 range to rally to $2,000
In brief March 21
ETH struggled to get above $1,850 resistance and corrected lower.
ETH price must stay above $1,700 to avoid a strong downside break. –Dr. Victoria CEO
Brazil is the first Latin American country to get its first BTC ETF
In brief March 20
The Brazil Securities and Exchange Commission (CVM) has approved the first BTC exchange-traded fund (ETF) in Latin American.
There is no way to avoid the power of the digital asset class.–Dr. Victoria CEO
Ether whales refuse to sell as more ETH flows into DeFi
In brief March 19
Many more public companies announce ETH purchases in the coming months for different reasons.
Some will stockpile ETH to use as gas, some will buy it to stake in eth2 and some will put it on their balance sheet as an SoV/reserve asset.–Dr. Victoria CEO
BTC closes the gap to $60,000 as correction lingers
In brief March 18
A minor consolidation took place, but a bullish comeback leads to a breakout above the pattern.
Meanwhile, the trajectory to $60,000 and the all-time high seems to have stalled. –Dr. Victoria CEO
Retail traders are buying more BTC than institutions
In brief March 17
Retail traders have been buying large amounts of BTC through PayPal and Square, JP Morgan says.
Novelties such as digital artwork setting records, retail traders, and some armed with $1,400 stimulus checks are taking control.–Dr. Victoria CEO
Will U.S. Government allow $40B stimulus check inflow to BTC
In brief March 16
On March 15, Mizhou Securities estimated that $40B of $380B direct bank transfers will be coming to Bitcoin and stocks.
Goldman said that households will be the largest source of equity demand this year.
Some of the funds will find their way into asset classes such as BTC and stocks. –Dr. Victoria CEO
19K BTC deposited on Gemini and Coinbase
In brief March 15
BTC run was backed by stablecoins and not Institutions.
It’s not good for the bull market if the buying power continues to come from stablecoins.
When the reserve dries up, we’re kind of in danger. –Dr. Victoria CEO
Bitcoin surge was driven by Spot Buyers
In brief March 14
Very low funding for these price levels.
Many people have deleveraged before the price uptick.
It is safe to say that the current Bitcoin surge is driven by spot buyers. Bullish.–Dr. Victoria CEO
NFT mania with Digital Batman
In brief March 13
Yesterday Beeple’s digital artwork sold for $69M, and America’s popular comic book publisher is now joining the NFT craze with its iconic Batman character.
DC Comics is the latest big-name after NBA Top Shots and Christie’s to join the non-fungible token (NFT) mania.
NFTs are NOT mutually interchangeable. thus, each token is unique in its way thereby suitable for representing the digital form of any scarce assets. –Dr. Victoria CEO
Crypto in Georgia, US curriculum
In brief March 12
High school students in Georgia look set to be taught about crypto after a new financial literacy program was approved.
I just watched a video with a 3-year-old child explaining what Crypto is.
Super cool. –Dr. Victoria CEO
ETH price may skyrocket
In brief March 11
ETH blockchain developers have approved a proposal in July/Aug to change to the network that would ‘burn’ a small amount of Ether (ETH) every time that the currency pay ‘gas fees’ on a transaction.
Ethereum’s upcoming proposal of EIP 1559 upgrade will increase the scarcity of Ether tokens, which could lead to a higher price point for ETH. –Dr. Victoria CEO
BTC selloff at $55K. Breakdown ahead?
In brief March 10
Coinbase at the pre-IPO valuation of $100B
In brief March 9
Cryptocurrency exchange Coinbase could be headed for an IPO valuation of $100 billion after shares sold for $375 each in a private auction.
There is room to make money.–Dr. Victoria CEO
Asian Firms already hodling BTC says Binance Founder
In brief March 8
Chinese firms to be following American corporates buying Bitcoin (BTC) and Ethereum (ETH).
Firm Meitu announced $40M in total. This investment is just a fraction of the company’s plan to put $100M in crypto as part of portfolio diversification. –Dr. Victoria CEO
Bitcoin start strong increase above $50K
In brief March 7
Bitcoin/USD price is showing a few positive signs above $48K.
BTC is likely to start a strong increase if it settles above $50,000 and the 100 SMA (H4).–Dr. Victoria CEO
Time for Hollywood to move to Blockchain
In brief March 6
What is DeFiFi?
$40B are locked into DeFi protocols. It’s time for decentralized finance and the film industry to meet.
Imagine the creation of a decentralized film fund, in which financiers all hold a stake in the success of films that are produced by the platform.
Using blockchain technology and decentralization, creators could present their projects to the community, which would vote on what films receive funding.
The winning projects would be granted the financing they need from community-managed funds. –Dr. Victoria CEO
Ether struggles above $1,600. 100 SMA is the Key
In brief March 4
Ether traded to a new monthly high at $1,655 before correcting lower against the USD.
ETH price is struggling to stay above $1,600, but likely to remain stable as long as above the 100 hourly Simple Moving Average.
The pair could either decline heavily below $1,550 or it might start afresh increase above $1,620.
Time will tell. I am hopeful. –Dr. Victoria CEO
Bullish reversal for Ether
In brief March 3
If Ether fails to break above $1,560, then Ether will drop to $1,400 or even $1,223.
If the bulls manage to take charge and push the price of Ether above $1,682, it’s going to be an all-time high of $2,049.
I have great faith either way. –Dr. Victoria CEO
Leverage traders ‘flushed out’ by late-February crypto crash
In brief March 2
Late-February crypto market correction is the second since late 2020, that purged excessive leverage from the markets.
These pullbacks are positive for the crypto markets overall, attributing the latest correction to liquidated leveraged positions held by risky speculators.
–Dr. Victoria CEO
BTC eyeing $58,000
In brief March 1
Bitcoin rebounds after testing support at $43K during the weekend session.
The breakout from the falling wedge pattern reinforces the uptrend toward $58,000.
There is light. –Dr. Victoria CEO
BTC is testing $44K and ETH $1400
In brief Feb 28
If BTC prices go below $40K it could travel to $30K.
The rise of projects such as DOT, BNB, and ADA is a sign of the increasing interest in finding a blockchain capable of replacing Ethereum.
Is that even possible with ETH 2.0 as a strong contender?–Dr. Victoria CEO
Dubai helps ADA unsettle BNB as the 3rd largest Crypto
In brief Feb 27
Dubai’s FD7 Ventures has announced major investments ahead in Cardano over the next month.
FD7 ventures will liquidate 75% of its $1 Billion Bitcoin fund and increase its positions in Cardano and Polkadot.
The Gulf Institutions and whales are truly taking off as serious investors –Dr. Victoria CEO
MicroStrategy scoops up another $1B worth of Bitcoin
In brief Feb 25
MicroStrategy purchased $1B worth of BTC as it was trading around $52,765 and paving the way for institutional adoption.
Total Bitcoin reserve now stands at 90,531, worth $4.59B at press time.
–Dr. Victoria CEO
ETH recovers above $1,600, but may retest $1,500
In brief Feb 24
Fresh dip in ETH?
If Ether fails to continue higher above $1,650, there could be a fresh decline. Initial support is $1,580.
The level at $1,500 is next and even the $1,400 level in the near term.
I am comfortable to say that Ether will turn around long-term.–Dr. Victoria CEO
NFTs explode in popularity during 2021
In brief Feb 23
Non-fungible tokens are for something unique and not interchangeable.
NFTs are pumping right now, with a new report identifying more NFT sales in the last 24 hours than during the entirety of 2020. –Dr. Victoria CEO
Ethereum is correcting gains
In brief Feb 22
Ether made another attempt to settle above $2K but it failed.
The recent swing high was formed near $1,976 before ETH price started a fresh decline.
The pair could dip further, but the bulls are likely to remain active near $1,750 before the upward trend–Dr. Victoria CEO
Hitting above $2K, ETH retreats but remains above $1,850
In brief Feb 21
A clear break above the $1,980 levels will open the doors for more gains.
Besides, a daily close above $2,000 will most likely pump the price towards $2,150 and $2,200. –Dr. Victoria CEO
Bitcoin tops $56K
In brief Feb 20
Bitcoin is trading 8.9% up at a price of $55,701 with a market cap of $1T.
MicroStrategy announced another $1B which shall be invested into Bitcoin.
Bitcoin continues to face a liquidity crunch in 2021 when supplies have been moved to cold storage.
Time will tell if BTC will surge past $60K, $65K, and $77K? –Dr. Victoria CEO
KISS, Gene Simmons bought ADA
In brief Feb 19
Gene Simmons announced he bought $300K worth of investment into ADA.
The rock star said he believes in Cardano after doing thorough research.
ADA is at $0.9103 at press time and is aiming for $1.00 and above short term–Dr. Victoria CEO
BTC eyeing $60K
In brief Feb 18
Bitcoin cleared the psychological barrier of $50K and gained 16% in the past week.
It’s more sustainable than previous bull cycles as whales are actively buying or accumulating Bitcoin, not selling or making a profit. –Dr. Victoria CEO
BTC Smashes New Record of $50,000
In brief Feb 17
Institutional support backing Bitcoin has served to propel its value higher.
MicroStrategy continues to acquire more BTC.
Canada’s Ontario Securities Commission has approved BTC to be traded on the Toronto Exchange.
Tesla is by far the real game-changer that keeps adding more BTC. –Dr. Victoria CEO
BTC eyes $50K
In brief Feb 16
Dogecoin plunges 20% after Musk Tweet
In brief Feb 15
Tesla CEO Elon Musk criticized DOGE’s wealth distribution.
Whales are the only “real issue”.
Musk is encouraging the top DOGE owners to liquidate their holdings to make the crypto more democratic to get his full support.
Too much concentration is the only real issue. DOGE plunged over 20% after Musk’s tweet.
Time to buy..Follow price action and do what you desire is my advice. –Dr. Victoria CEO
BTC rally to new ATH above $50K
In brief Feb 14
4 hours MACD is likely to gain strength in the bullish zone.
4 hours RSI (Relative Strength Index) is still above the 50 level.
Major Support Level – $46,000
Major Resistance Level – $48,000
–Dr. Victoria CEO
Litecoin at a 35-month high
In brief Feb 13
Bitcoin to skyrocket 135% to $100K
The Exchange Binance closed for short maintenance due to overload
In brief Feb 11
Leading exchange Binance was forced to suspend trading services for a short while after its CEO took to Twitter to boast the platform.
Binance had experienced on Feb 10, a new all-time high, a 60% increase in traffic on top of the previous day’s record traffic.
New account registrations are still open, not sure for how long. –Dr. Victoria CEO
Binance Coin BNB running high
In brief Feb 10
BNB is up over 50% above $120 and outperforming BTC and is continue higher.
There are chances of more upsides above the $130 and $140 levels in the near term. –Dr. Victoria CEO
Blackrock’s futures could spike BTC
In brief Feb 10
BTC explodes above $44K after Tesla buys. What’s Next?
In brief Feb 8
Bitcoin exploded to a new record high on Monday after Tesla revealed that they purchased $1.5B cryptos in January.
BTC ran to $44,900 and BTC bulls expect the price to hit $100K on mainstream demand. –Dr. Johansson CEO
Elon Musk: Dogecoin is better than BTC
In brief Feb 8
Elon Musk now talks about Dogecoin that is back in the top 10 after soaring to $0,087 and about Doge’s technical viability.
Doge appears to be inflationary, but is not meaningfully so (fixed # of coins per unit time), whereas BTC is arguably deflationary to a fault. –Dr. Johansson CEO
ADA jumps 25%, to be the 4th biggest crypto
In brief Feb 7
Today, ADA surged 25% at $0.66 with a market cap of $20.9B.
Last week, the price has surged 90% is one of the top-performing altcoins 2021 with a 300% gain. –Dr. Johansson CEO
ETH reaching for the Stars
In brief Feb 6
Ethereum reached $1,700. ETH is a currency to fuel an ecosystem of applications and it’s still new. Reasons may be:
- Increase of retail investors
- Ascending channel upward movement.
- Higher trading volume.
- Strong DeFi increases ETH.
- Institutional investors.
- ETH 2.0.
–Dr. Johansson CEO
ADA, Cardano, reached a 3-year high
In brief Feb 5
The 6th largest cryptocurrency by market cap, ADA, reached a 3-year high of $0.5, last seen in 2018.
ADA surged over 177% year to date (YTD) and is up by over 2000% since last March.
Trading volumes have been steadily and on the rise and new investors have joined. –Dr. Johansson CEO
ADA, Cardano, reached a 3-year high
In brief Feb 5
The 6th largest cryptocurrency by market cap, ADA, reached a 3-year high of $0.5, last seen in 2018.
ADA surged over 177% year to date (YTD) and is up by over 2000% since last March.
Trading volumes have been steadily and on the rise and new investors have joined. –Dr. Johansson CEO
ETH at $1,700. Up, up and away..
In brief Feb 4
Another ATH for Ether at $1,700, 8% up for the day and 17% higher than 3 years ago, but a spike in gas fees is making the network costly to use.
ETH is up 126% YTD and may hit $20k by around the turn of the year. –Dr. Victoria CEO
Eth2 becomes 3rd-largest staking network as Ether rallies into new ATHs
In brief Feb 3
WY Senator Sees BTC as “Great” Store of Value
In brief Feb 2
The Bitcoin bull run checklist for 2021
In brief Feb 1
Ether could outperform BTC and rally to $1,500
In brief Jan 31
Ethereum remains above $1,300 support and is likely to gain momentum above $1,400 and $1,450 resistance levels in the near term.
The price is consolidating above the $1,320 support level. There is a key bullish trend line forming with support near $1,295. –Dr. Johansson CEO
Has BTC matured to be a safe investment play?
In brief Jan 30
BTC is described as the Digital Gold, but is the cryptocurrency a new safe haven against financial uncertainty and inflation?
It’s difficult to answer, but the actions of a number of major institutions and the sentiments of some well-renowned investment managers suggest that Bitcoin is becoming more attractive as a hedge against these fears. –Dr. Johansson CEO
3 Reasons Why Bitcoin Price Will Continue Rising
In brief Jan 29
- Institutional money continues to flow and added $300B marketcap 2020.
- Price volatility is subsiding and the long-term stability of BTC’s value will depend on greater institutional adoption and smart investors.
- The Federal Reserve has no plans to taper its economic relief spending and with zero interest rate.
–Dr. Johansson CEO
Will ETH become the main asset for investors in 2021?
In brief Jan 28
The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH.
Today, we will look at Ether as a more attractive asset and why this cryptocurrency should become the first cryptocurrency for every investor.
There are very strong reasons to believe that Ether will continue to rise in price in 2021.
Demand among developers Ethereum is the number-one platform for building blockchain projects and launching decentralized applications.
Despite the fact that the rate of expansion of the market for blockchain startups has slowed down since the initial coin offering bubble burst in 2018, their total number is still growing. –Dr. Victoria CEO
Upside break in ETH
In brief Jan 27
If Ethereum stays above the $1,295 support zone, the first major resistance is near $1,350.
A successful close above the trend line resistance of $1,350 could open the doors for a fresh increase near the $1,375, $1,450, $1,500 and $1,600. –Dr. Johansson CEO
Retail traders, made Bitcoin in 2020
In brief Jan 25
By November, major cryptocurrencies had cemented their status as a recognized asset class among retail and institutional traders alike.
Unlike the gains in mainstream financial markets, crypto’s bull run did not evolve from the massive stimulus packages unleashed by governments and central banks.
Bitcoin increased organically thanks to a growing global retail base, compelled by the asset’s growing allure as a store of value. –Dr. Johansson CEO
Believing, not seeing: Institutions still predict $100K Bitcoin price
In brief Jan 24
Despite Bitcoin cooling off in the last few days, hovering around the $32K mark, it is strong technically as well as a 30-day price gain of 40%.
Even since its recent dip from $42K to $32,691 BTC is still in the green over the last 12 months, exhibiting a value spike of 300%.–Dr. Johansson CEO
Bitcoin price bounces above $32K as MicroStrategy ‘buy the dip’ with $10M
In brief Jan 23
A further commitment to its treasury sees MicroStrategy join Grayscale as this week’s big buyer while others keep selling.
Bitcoin showed signs of a resurgence on Jan. 22 after a trip below $30,000 produced fresh buyer support.
At writing, BTC is at $32,880 in an upward trend.–Dr. Johansson CEO
Crypto market cap falls by $113B as BTC tumbles to $28,750
In brief Jan 22
Perhaps BTC topped out for 2021 and now retracing to $20K level.
Perhaps BTC used as a portfolio diversifier is a risk as BTC is a cyclical asset rather than a hedge.
Perhaps investors are overleveraged.
Perhaps Biden Administration’s many stimulus packages will keep stocks and cryptos at higher levels. –Dr. Johansson CEO
President Biden freezes FinCEN’s proposed crypto wallet regulations
In brief Jan 21
President Biden freezes FinCEN’s proposed crypto wallet regulations on his first day in the office including the controversial self-hosted crypto wallet regulations proposed by former Treasury Secretary Steven Mnuchin.
It would require that banks and money service businesses submit reports, keep records, and verify the identity of customers who make transactions to and from private cryptocurrency wallets.
The proposal was widely critiqued by CEO of financial services that said counterparty name and address collection should not be required for cryptocurrency just as it’s not required for cash today. –Dr. Johansson CEO
ETH ATH is just the beginning
In brief Jan 20
A parabolic ETH rally may be imminent, due to Ethereum’s surging DeFi ecosystem and network fundamentals.
Ethereum’s robust fundamentals are strengthening the conviction that Ether might sail past resistance in the mid-$1,400.
More than 1M unique addresses have interacted with DeFi over the past 8 months.
Ether is the top blockchain network with daily fees beating BTC by more than 50%.
Ether transactions valued at $100K is 7 times smaller than Jan. 2018’s highs, suggesting that “institutions still haven’t entered the game.”
Wait until that happens. –Dr. Johansson CEO
Ethereum price inches closer to a new all-time high
In brief Jan 19 ETH
Ethereum price is in hot pursuit of a new all-time high, while Bitcoin price continues to trade sideways.
Ether also looks to show continued strong price momentum driven by the Eth2 launch and upcoming CME, Chicago, Mercantile Exchange futures launch in February.
Eth2 is also expected to provide a boost to the DeFi economy in general as the ecosystem as a whole will benefit from a decrease in transaction fees and less congestion. –Victoria CEO
BTC price at $115K and the fall of ‘speculative’ altcoins
In brief Jan 18
Will Bitcoin current price action reach $115K by August?
Bitcoin’s parabolic rally and this week’s 28% corrections sent temporary shivers across the market but sharp corrections and short consolidation periods are characteristic of bull markets.
This rally is different. A sustained inflow of money from the institutional class could be the catalyst that lifts the price of Bitcoin and keeps it in line with multiple projections.
Massive shift from high-speculative, non-functioning tokens in 2017 to Bitcoin and Ethereum holding 86% of the market. –Victoria CEO
BTC sell-off was high IQ Play. Embrace the whale dump
In brief Jan 17
Bitcoin futures traders may borrow 125 times of initial capital, and in an uptrend overleverage as fears follow.
Specifically, BTC rejected the $40K after $42K, the USD index recovering, and selling pressure from the Asia whale dump.
The sell-off on Jan. 16 is due to the US DXY gave it momentum and traders continued to buy every dip and the funding rate of the futures market consistently increased.
Swim with the whales or roll over and die. Embrace the dump. In the short term, the key resistance area for Bitcoin still remains $40K, followed by $42K. –Victoria CEO
Bitcoin up 20% overnight as US banks brace for 40% profit cut
In brief January 13 BTC
Bitcoin jumped from $30,468 to $36,633 in 15 hours, that’s 20% overnight leading into Tuesday recovered swiftly from a 27% decline suffered days before.
About $150B flooded back into the global market capitalization that same day.
This returned a majority of the losses from the previous weekend when BTC’s price plunged from $41,880 down to $30,468. –Dr. Johansson CEO
PayPal hosts $242 in Crypto trading in 24H
In brief January 12 BTC
PayPal doubled the previous crypto volume of $242M on Jan. 11.
PayPal appears to be gathering popularity among retail traders and has been criticized for creating a gated crypto community causing a retail capitulation.
But was this a buy or sell volume? In this huge dump, it may just be retail sellers capitulating rather than creating buying pressure. –Dr. Johansson CEO
BTC is a hedge against Government uncertainty and wobble
In brief January 11 BTC
Bitcoin has risen dramatically over the past days and weeks, to above $41K. Any downside that we now witness at $32,538 only leads to a bullish reversal.
BTC is an asset largely untied to governmental authority and a hedge against global uncertainty.
BTC will likely reach $200,000 at some point. The reason is that every time you see government uncertainty and chaos, it just reminds you that our leaders are not as trustworthy and reliable.
BTC is the insurance you can keep under your pillow that gives us some access to an uncorrelated hedge.–Dr. Johansson CEO
As Biden preps $3T stimulus, Bitcoin could be set to erupt
In brief Jan 10
As the Biden administration provides Americans with $2,000 in stimulus payments, the Bitcoin bull market will soar as investors seek refuge from a crumbling USD.
Biden also proposed a $3T tax and infrastructure package as part of his “Build Back Better” program.
The federal government’s inflation-boosting policies coincide with intervention from the Federal Reserve, deploying trillions of USD in 2020 to combat a liquidity crisis and keep overnight rates under control. –Dr. Johansson CEO
Bitcoin re-established the $40,000 level as support
In brief Jan 9 BTC
Mega-whales sold off steeply on the spikes when BTC hit $40,000 on Jan. 7.
This led to a quick 10% drop to the $36,000 area over the next few hours.
They didn’t participate in the rally back up to 42K.
Price pushed above $41,000 in the next 12 hours. –Dr. Johansson CEO
It takes more than a 20/oz Gold bar to buy 1 BTC.
In brief Jan 8. BTC
Bitcoin’s meteoric price rise in the last 24H, or at 5%, topped $40,000.
The price is higher than a 20/oz Gold bar. –Dr. Johansson CEO
ETH on the list of top 100 assests globally
In brief Jan 7. ETH
A 13% rise in the past 24 hours has propelled Ethereum onto a list to top 100 traded assets by market cap.
Ethereum past 12 other entries on the list today and is currently positioned in the #88 spot.
Up 62% in 2021, ETH crossed $1,200 today for the first time since Jan. 2018.
2021 gains translate into a $53B increase in ETH’s market cap, enough to overtake Wells Fargo, AstraZeneca, Philip Morris, Morgan Stanley, and Citigroup. –Victoria CEO
Bitcoin Paints New Record High Above $35,000 on USD Setback
In brief Jan 6. BTC
Bitcoin logged more record highs in its first official trading week of the year. Last year’s gain was 302%.
BTC reached a new historic high of $35,868 and a market cap of $650B.
The gains appeared as a part of a retracement rally that started when BTC/USD slumped from its previous record high of $34,810 to $27,678, suggesting incredible support for the pair despite overbought sentiments.
In the last 24 hours, Bitcoin’s gains also surfaced as the US dollars slipped lower into its 10-month long bearish trajectory.
On Wednesday, the US dollar index reached 89.275, its lowest level since April 2018. –Dr Johansson CEO
Ethereum’s bull run to $2,000
In brief Jan 5. ETH
Bitcoin bullish setup will send Ethereum to 2K in the next couple of weeks/months.
ETH’s growth as a decentralized application server and search volumes on Google sent ETH into a bull run as the world’s second-largest cryptocurrency.
Bitcoin’s growing dominance as a leading indicator resulted in Ethereum’s upside move. –Victoria CEO
Ethereum surged over 25%
In brief Jan 4. ETH
ETH broke $1,000 against the US Dollar and suggests a test of $1,200 in the near term.
Ether climbed above the 50% Fib retracement from the $1,595 all-time high to $82 swing low. The price is right now trading nicely above $1,000 levels.
It is now testing the 61.8% Fib retracement level.
The 76.4% Fib retracement level of the main decline from the $1,595 all-time high to $82 swing low is near $1,238. –Victoria CEO
Bitcoin (BTC) at $34,000
In brief Jan 3. BTC
In less than 24H of crossing $30K levels, BTC surged another 13% to hit a new all-time high of $34,000.
BTC’s daily trading volumes are $75B as of writing.
The recent buying activity has been largely supported by buying calls coming from spot exchanges. Moreover, the USDC inflows have been massive to support the buying.
Over the last two days, 50K BTC has left Coinbase Pro wallets in massive OTC deals going to cold wallet custody. –Victoria CEO
Bitcoin Breaks the $32,000 Barrier
In brief Jan 2. BTC
In a bullish start to 2021 for crypto believers, Bitcoin just hit a new all-time high. It’s now trading north of $32,000.
The leading cryptocurrency is currently trading at $32,790 at the time of writing.
Bitcoin’s market cap is now $563B. This week it overtook Warren Buffett’s Berkshire Hathaway.
It’s now the world’s 10th biggest asset in market cap, behind giants like Facebook, Apple, and Tesla. –Victoria CEO
Since the creation of cryptocurrencies, cryptocurrencies have occupied the top 10 positions and very few have managed to stay in the top 5, let alone top 3.
Bitcoin’s position is so because of its market cap. If the company performs well this further increases the market cap, hence, the company is more valuable.
The value of Bitcoin is derived from speculative trading. So, if the price of Bitcoin rises, the market cap rises, hence, more people flock towards it and cause the price to rise even further; a positive feedback loop of sorts.
Satoshi Nakamoto created a slow revolution, especially considering the inflows of institutional money in the last year. The younger generation of investors is cynical of the inflationary monetary policy of the traditional world.
The philosophical aspect is people who are into the textual exegesis of any and all things connected to Satoshi Nakamoto and what it is and how it got here.
Bitcoin is a complex construct of math, code, economics, and more, working in harmony without any hitch.
Will Bitcoin remain #1?
Perhaps not. So far, we’ve seen a lot of cryptocurrencies vying for that second spot occupied by Ethereum. It has been occupied by LTC, XRP, ETH, etc., in the past. However, nobody talks about the flipping of Bitcoin, at least not without fantasies.
Is there a chance that a coin might overtake Bitcoin in the future? Perhaps it will, Bitcoin has the first-mover advantage and the psychological support from its user base, so it is unlikely that a new coin with better fundamentals will dethrone Bitcoin. –Victoria CEO
Happy New Year BTC
In brief December 31 BTC
Bitcoin could go to $30K and as much as $90K next year. That’s should be above 300%.
The interplay between the weaker USD and stronger Bitcoin is part of his thesis, as the younger generations now view the flagship cryptocurrency as an alternative to gold.
Bitcoin was designed and created for this. Every central bank in the world is printing money as they do not want a strong currency. –Victoria CEO
Happy New Year ETH showing Whale Accumulation
In brief December 31 ETH
Profit-booking at this time? Hold-on Ethereum (ETH) investors, as the rally might be just getting started.
Ethereum whales are coming in big numbers to swallow up all the liquidity at this time.
Whilst ETH has crossed $750 levels for the first time in 31 months, the number of ETH addresses holding 10,000+ ETH has spiked significantly over the last two months.
Several indicators hint that the ETH is becoming an even more favorable investment asset with each passing day. The drying up of ETH liquidity and rising demand has pushed its price higher. –Victoria CEO
Why Ethereum Could Rally Above $750
In brief December 30 ETH
Ethereum/USD started a fresh increase from $700 then retested the $745 resistance and it is likely to attempt to break above $750.
Ethereum Price is Gaining Momentum
There was a minor downside correction in Ethereum below the $720 support level. However, dips were limited below the $700 level.
ETH price remained well bid above $695 and the 100 hourly simple moving average.
We are clear about the bull run for ETH in early 2021. –Victoria CEO
BTC and Regulators
In brief December 29. BTC
As of last week, Bitcoin (BTC) has started facing regulatory scrutiny after its massive rally recently. The U.S. SEC filed a lawsuit against Ripple and alleged the sale of XRP as unregistered securities.
Extra worries came as a result of the Biden U.S. Treasury Secretary Janet Yellen, that is known to be anti-crypto.
However, we along with crypto analysts note that there’s nothing to fear. Bitcoin (BTC) is far from the regulator’s outreach.
Bitcoin has escape regulators and most of the regulators from different countries are already defecting to Bitcoin. –Victoria CEO
Ethereum/USD broke the $700 resistance zone
In brief December 28 ETH.
The price is now trading nicely above $700 and the 100 hourly simple moving average.
The pair could resume its upward move towards the $750 and $765 resistance levels.
Is ETH ready for yet another run in January 2021? –Dr. Victoria CEO
BTC at $30K by the 30th
In brief December 27.
Bitcoin is right now at $27,619 but the optimism and parabolic price action have us all aiming for $30K on the 30th of December.
Time will tell. –Victoria CEO
Bitcoin’s market cap has exceeded Visa
Bitcoin’s market cap has exceeded Visa
Visa’s market cap totals $460B, and trading at $208 after 2% rise.
Bitcoin’s market cap totals $461B and trading right now at $24,847 after a 5.33% rise.
In November, Bitcoin was just a few B, USD away from Mastercard by the market cap value.
As for investing. If not Now, When? –Victoria CEO
XRP’s Plunge and Recovery
In brief December 25. XRP
For the past few days, XRP has been under pressure after the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple on Nov. 22 alleging that the blockchain company continues to violate federal securities laws.
XRP collapsed over 58% in just two days. The 50% rally came after cryptocurrency-friendly Republican Elad Roisman stepped in as an acting chairman of the SEC.
The fact that he holds favorable views of the cryptocurrency industry was met with jubilation within the community following the departure of Jay Clayton. –Dr. Johansson CEO
Another $900B advertisement for Bitcoin.
Be Your Own Bank. Buy Bitcoin.
Not just Institutions but now mainstream acceptance is greater than ever before.
Michael Saylor CEO at MicroStrategy purchased 21,454 Bitcoins for $250 million dollars in August 2020.
Saylor’s bet paid off and MicroStrategy’s has since committed another $825B to Bitcoin.
Institutions like MassMutual has jumped in with a $100M BTC investment.
Had you used your last stimulus check buying BTC you would have generated a $3,000 plus the $1,200 investment. –Victoria CEO
BTC is the gift that keeps on giving
In brief December 22 BTC
Although Bitcoin’s price has retraced some MicroStrategy announced they bought $650M in BTC, and now owns more Bitcoin than the US Gov, making it the 5th largest holder of BTC.
MicroStrategy answered Elon Musk’s question that large deposits can easily be done when buying BTC.
Bitcoin is in a supply and liquidity crisis which is extremely bullish, and even highly underrated. I believe we will see this significantly reflected in Bitcoin’s price in the upcoming months. –Dr. Johansson CEO
Ethereum 2.0 has locked value of $1B
In brief December 18, 2020.
Ethereum 2.0 is the fourth-largest proof-of-stake network by total value locked of $1B in staking within 6 weeks of Eth2 contract going live.
While Ethereum 2.0’s developers are yet to provide a precise date for when users will be able to withdraw their staked may go live during the first quarter of 2021. –Victoria CEO
Whales become plankton in lieu of colossal Institutions
In brief December 17, 2020
Last night Bitcoin broke $22,000 into unchartered territories. BRAVO! Traders have no historical reference to guess short-term support and resistance levels. In this bullish frenzy, are a few warnings about potential bearish corrections.
The RSI, Relative Strength Index
Bitcoin’s price rally above $20,000 had made it an overbought asset. That requires a certain neutralization that could only come if traders with short-term risk appetite start withdrawing their profits.
Bitcoin RSI is yet to top out, leaving more room for price to grow. BTC may go to $23,000-24,000. But then, the pair could correct by roughly 20%, a move that could have it crashed to $19,000.
As we are progressing into the new year BTC/USD are continuing to explore new nighs, the “original” whales are beginning to look like plankton as institutions line up to buy en masse. –Victoria CEO
BTC highest price since Dec 1, 2020
In brief December 16, 2020
After failing to crack resistance between $19,500 and $20,000 throughout December, Bitcoin saw lows of $17,550 before reversing upwards.
This week, the reemergence of buyer support intensified, with Bitcoin showing a clear desire to quash the major seller wall at $20,000 once and for all.
2021 Banca Generali, Italy
In brief December 15, 2020.
In 2021 Cryptocurrency services will be introduced to the private financial institution Banca Generali based in Italy.
Banca Generali has made a $14M investment in the crypto wallet provider Conio to acquire a minority stake.
The bank has said that they don’t intend to launch a crypto platform however any time in the near future.
Instead, they are going to provide service in the new partnership with Conio as a wallet that was founded 2015. –Dr. Victoria CEO
In brief December 14 ETH
ETH climbed over $580. Bravo! Ethereum ecosystem already has billions of dollars in real value. In 2020, subsectors within Ethereum, such as decentralized finance (DeFi), NFTs, and collectibles, gained significant popularity.
There is well over $14.6 billion locked across DeFi protocols. This figure is indicative of the high user activity on the Ethereum blockchain.
About Bitcoin and Ethereum, and the potential competition in terms of valuation between the two, Ethereum could achieve a market cap that is larger than Bitcoin.
Time is on our side. –Dr. Johansson CEO
The Bull Setup
In brief December 11, 2020. Bitcoin BTC
Bitcoin is carving out what appears to be an Ascending Channel formation, with more than two confirmation of its upper resistance and lower support trendlines. As of this Friday, December 11, BTC/USD is testing a potential retracement move.
A Descending formation is also converging with the Ascending Channel’s support trendline, which doubles the area’s strength while protecting Bitcoin from further bearish assaults. Tripling up the power is a visible divergence between the rising volume and declining price. It is—technically—bullish. –Victoria CEO
If the cryptocurrency’s price holds the 20-day moving average wave as its support, upward-trending is high. Slipping below it extends the downside move. In the last 14 days, Bitcoin crossed the breakdown move 4 times, but 1 solid one lead to an all-time high near $20K. In the coming sessions, the wave may sit near $14K.
In brief December 9, 2020
Mining City offers a mining service that is Mining Plans. The packages are used for a certain amount of computing power to mine cryptocurrencies, and Bitcoin and Bitcoin Vault are the 2 cryptocurrencies you are offered to mine. Mining City is located in Kazakhstan and China, where electricity is cheap.
The client pays for using machines, electricity, and maintenance. There are no hidden costs, Mining City says. Around-the-clock streaming from the mining will soon be issued and they give a full refund that is issued within 72H if you change your mind.
Network of Recommendation
There is a referral bonus that offers discounts on monthly bills in return. The Mining City Wallet clearly shows what income is from mining and referrals.
The price of the cryptocurrency being mined, the mining network difficulty, and other factors are the rewards. Risk as always is based on the volatility of this market, and other associated factors. Mining City has joined the largest pool BTC.com. —Victoria CEO
BTC Hard to grasp a market growing so fast.
In brief December 7, 2020
The flagship cryptocurrency took only 9 months to rise from March 12 at $4,300 and today at press time $19,173.
Remarkably that is almost a 500% rally.
Bitcoin rose in jerks after tanking to $4,000
Black Thursday and Friday the 13th that followed, Bitcoin lost 50% of its in one day, collapsing from the $7,976 level to $4,378.
BTC dived along with all other markets, including stocks and crude oil, whose price went below zero but soon recovered.
Remember, no matter what bearish behavior BTC has, it’s still on an uptrend. –Dr. Johansson CEO
‘Ethereum only’ investors are growing.
In Brief December 4, 2020.
Bitcoin got many investors hooked on the only crypto, but it’s Ethereum’s Ether that’s beginning to get more attention.
I have said before that there is a significant rise in “Ethereum only” investors and the conviction around ETH as an asset class beyond the development community.
Ethereum’s broadening appeal is the explosion of decentralized finance or DeFi, and that the applications being built on top of the blockchain.
Ether price has gained more than 353% year-to-date but remains at less than half of its all-time high.
For the future, Ethereum will most probably have the same staying power Bitcoin has. —Victoria Johansson CEO
Where does Bitcoin price go from here?
In Brief November 27, 2020
- Bitcoin was close to an all-time high before the market went south.
- All Bitcoiners are bustling to make sense moving forward.
- Bitcoin’s appeal to institutional investors has kept some commentators optimistic, but others are more critical.
Bitcoin’s epic bull run was caught short yesterday as the coin plummeted to a value of $3,000 in one day.
Between October-November Bitcoin’s bull run saw the price from $12,900 to over $19,000 but yesterday, Bitcoin’s price crashed all the way down to $16,400, marking a 15% decline in just 24 hours. But is there further pain on the way, or might the Bitcoin price rebound?
In other words, while hopes of an all-time high were quickly dashed, there might be a reason to celebrate that Bitcoin isn’t about to embark on a price crash reminiscent of January 2018.
The bull case for Bitcoin
One reason for this optimism is that sophisticated investor interest in Bitcoin is still very young and has time to grow, and this interest promises to continue to grow. A lot of this buying is not driven by small retail investors, it’s by sophisticated investors with a lot of money.”