StormX May Be On The Verge Of Breaking Out Higher? StormX may not be on everyone’s screens during this time of absolute FOMO but we will list our reasons why StormX may be on the verge of breaking out higher or atleast answer the question Is StormX About To Make It Rain? Here is what we will cover in this article: (1) What is StormX (2) A look at a basic chart for the last few months (3) We’ll take a look at a few indicators and what they tell…
How long before a BTC ETF? For the investor, crypto currencies are an emerging asset class. They are not securities and so are not regulated. This poses a risk since, without regulatory oversight, crypto currencies can be manipulated. A crypto currency ETF would call for regulatory frameworks that protect investors while also providing exposure to the digital assets in a transparent and accountable way. Of the several crypto currencies that are candidates for an ETF, Bitcoin is perhaps the most likely though crypto currencies ETFs, when they are eventually launched,…
Voyager Digital Crypto Review of Recent Events A wave of announcements ranging from strong positive quarterly numbers to mergers and new features added to its brokerage platform makes Voyager Digital a company that is promising for its offerings and execution at this juncture. Let’s look at Voyager Digital Crypto Review of Recent Events. Voyager Digital, a public agency crypto broker regulated under FinCen , offers custody and broking for digital assets. Its iOS and Android apps also provide tools such as advanced charting, news and research. The apps connect to…
Monero: The Last Stand for Freedom Privacy currency Monero has been rallying recently, reaching a two year high of $134.34 on October 13. It is the 15th largest digital coin by market capitalization at the time of writing. Let’s take a look at why we say Monero: The Last Stand For Freedom. The rally was seen in other privacy coins as well such as Zcash and Zcoin and comes in the wake of international demand for strong encryption. A recent joint statement by the US, UK, Australia, Canada, New Zealand,…
Best Performing Cryptos The first half of 2020 saw the explosion of DeFi as users saw the potential of decentralized platforms for performing traditional financial transactions such as lending and borrowing, trading and holding assets in several forms while generating returns either through yield, trading fees, staking, interest or dividends. Let us take a look at the best performing cryptos of 1H 2020. Despite the market crash in March, several altcoins have rallied on the strength of the DeFi promise. While Bitcoin also rallied, the show clearly belonged to DeFi…
World Governments Vs. The Decentralization Movement Digital currency, electronic currency, cyber currency, virtual commodity, virtual asset, cyber-token; these are some of the interestingly varied names that certain governments use to refer to what most know as cryptocurrency. This variation across jurisdictions can be said to be indicative of a great dilemma that many governments have with the notion of cryptocurrencies. Let’s discuss further The Cryptocurrency Dilemma that is coming to a head. The fast-growing crypto industry is now going through a critical phase in its development; a time which can…
What Is DeFi And What Is It Used For? Decentralized Finance or DeFi has several use cases today, but the technological and regulatory frameworks needed to mainstream it are yet to evolve. DeFi is a novel way of approaching financial transactions that removes the need for custodial and third party agencies between any two users in a transaction. Traditional banks and financiers are no longer needed for financial dealings in DeFi, allowing it to offer more choices for secure transfers to a wider customer base. Users can choose from several dApps…
Kraken Financial is the first crypto currency exchange to get approval to provide digital banking services as Digital Banking Becomes A Reality. Tentatively called Kraken Financial, the new bank will be able to make conversions between digital and fiat currencies for customers without the intervention of a third party. Kraken exchange, which allows users to buy, sell, and trade digital currencies, has so far depended on external portals for conversions between fiat and crypto currencies. With the new charter, the exchange will now be able to help customers bring the…
BTC (Bitcoin) just pulled off something it hasn’t done for over 2 years. It reversed a sell signal from our Long Term Oscillator in just 8 days. Most traders know that trading BTC is extremely volatile and once price starts moving in a certain direction it is very hard for a reversal to occur. Our Long Term Oscillator works very similar in terms of going from negative momentum to positive momentum. Whipsaws do happen around the zero line but when you are trading BTC it rarely happens. In this analysis…
