NEO is currently on a downward trend this past 2 weeks. After a nice bull run during the month of April that boosted NEO with more than 40% price increase trading over Bitcoin, a 2-week bearish trend opened the month…
Crypto Coin Review: IOTA – Machine to Machine Economy – High Level
IOTA is one of the most promising cryptocurrency projects currently in development. Sitting at the number 9 spot in terms of market capitalization, IOTA is priced at $2.07 as of press time. What is IOTA? IOTA makes use of distributed…
Bitcoin Price Nosedives Heading into Death Cross Again – Technical Analysis
The cryptocurrency market is experiencing another down trend. The top 20 cryptos are currently sitting at losses, with the exception of Tron, which is making a decent bounce. Bitcoin is trading at $8,340 as of press time. The month of…
Wall Street Company Plans to Establish Trading Platform for Bitcoin, Mainstream Adoption Imminent
Since the cryptocurrency media spotlight that started during the last quarter of 2017, mainstream adoption of cryptocurrencies has slowly begun. Just recently, reports say that Wall Street seriously considers profit making in the cryptocurrency market. According to Wall Street reports,…
Warning: 81 Percent of ICOs are Scams
A good way to get ahead of making profits in the cryptomarket is through investing in an Initial Coin Offering (ICO). Like the Initial Public Offering (IPO) of publicly traded companies, tech companies nowadays raise capital through ICOs. Before being…
Top 5 Alt Coins Short Trades for May 2018
As of press time Bitcoin dominance dropped back to 36.5% from its 2018 high of 45% on mid-April. This means that the altcoins are getting some traction when it comes to price and market capitalization. If you want to join…
Bitcoin Pattern Indicates New Bullish Sign – Technical Analysis
Bitcoin has been recovering during the month of April and the open of the month of May. Some minor correction happened during the past week with Bitcoin failing to breach the $10,000 mark, and falling back to the $9,000 level.…
4 Things to Consider for Long Term Cryptocurrency Investments
The cryptocurrency market is starting to become a booming market, attracting more and more new investors every day. Different investors have different trading strategies. Some do day trades, while others prefer the long term strategy. If you are deciding on…
Top 5 Long Term Cryptocurrency Investments for 2018
Cryptocurrencies are starting to become mainstream. After the meteoric rise that happened during the last quarter of 2017, cryptocurrencies became a major concern for investors looking for new investments other than the financial market. Even during the 3-month slump that…
Technical Analysis 101: How to Use the Fibonacci Retracement Tool
The Fibonacci Retracement tool is a very common tool that investors use in both the equity market and the cryptocurrency market. This tool helps in determining the points for selling and locking in positions. What is the Fibonacci Retracement Tool?…