Populous Ready To Pop? Let’s See

Populous Ready To Pop Let's See

Invoice Financing In This Brutal Small Business Depression In this article we will discuss whether Populous may be ready to overcome many of their past problems. Let’s see if if we can answer “Is Populous Ready To Pop? Specifically we’ll cover: (1) What is Populous and how can their business benefit from small business cash flow problems. (2) What the charts look like from a Technical standpoint (3) As previously discussed we look for positive divergences and we’ll will highlight the enormous positive divergence on PPT/USD. What Is Invoice Financing…

Is StormX About To Make It Rain?

Is StormX About To Make It Rain?

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…

OMG Network Looks Ready For A Breakout

OMG Network Looks Ready For A Breakout

How To Spot A Trade In OMG Network Before Other Traders/Investors On June 1, 2020 Omisego was rebranded to OMG Network so from here on out we will refer to OMG Network although the charts below will still show Omisego.  You can read about their rebranding on their website here: Let’s look into why we believe OMG Network Looks Ready For A Breakout. In this article we will discuss the following: My overall technical viewpoint on the chart My oscillator Buy signal and what that means to price A projected…

Best Performing Cryptos 1H 2020

Best Performing Cryptocurrencies

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…

The Cryptocurrency Dilemma Is Here

The Crytocurrency Dilemma

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…

Bulls Stampede Toward $12K Bitcoin Price as Weekly Close Approaches

Bitcoin price is making a strong push toward $12,000 with just 24-hours before the weekly close occurs Despite multiple rejections at the $12K mark, BTC continues to make higher lows and traders are buying dips at underlying support levels Chainlink reached a new all-time high at $19.80 and Ether is struggling to push above $430 Cryptocurrency daily market performance snapshot. Source: Coin360 Typically, for Bitcoin (BTC), weekends are marked by reduced trading volume as day traders take a break and the CME Bitcoin markets are closed.  Experienced traders will also…

Whales are Accumulating Bitcoin Despite Its Stalling Momentum

Bitcoin’s multi-week consolidation phase comes close on the heels of the strong uptrend that the cryptocurrency was able to post late last month. Despite its macro outlook remaining incredibly strong, it appears that Bitcoin’s short-term outlook is being impeded by the heavy resistance at $12,000. Buyers attempted to shatter this level yesterday, although the selling pressure here proved to be too significant. It is important to note that yesterday’s bid at this level did not catalyze any sharp pullback or rejection, signaling that buyers are building up strength. Another factor…

Number of Bitcoin Cash Whales Drop Following 39% Price Surge

Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings.  According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million — has fallen by 10 since Aug. 1. The drop comes after the token surged 38.7% from $224.46 on July 17 to a three-month high of $311.34 on July 31, implying that a number of…

Retail Investors are Flooding into Bitcoin as Likelihood of Explosive Rally Grows

Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. Analysts are now noting that BTC may soon see a strong uptrend due to inflows of capital from retail traders who are just entering the market for the first time. This group of investors may provide Bitcoin with a strong base to grow upon and is indicated by the number of addresses holding over 1 BTC coupled with BTC’s expanding…

Americans Trade Depreciating Dollars For Bitcoin

A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC). High saving rates, low yields Because of the COVID-19 lockdown, the personal savings rate in the U.S. is at a historic high. The yield offered by the financial institutions on savings accounts, however, is close to zero. At the same time, assets as Bitcoin, equities, and gold, all have made double-digit gains since March. This is making them an attractive option for investors. Source: Bloomberg. The article…