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Month: May 2018

Did You Sell In May?

May-hem: Small Caps Surge Most Since US Election As Crypto, Credit, & The Yield Curve Crash It all started off quite calmly and then… Or put another way… May was quite a month. Here’s the high- (and low-) lights… All major US Equity indices rose in May Small Caps surged over 6% – best month […]

Conte Reveals New Italian Government

With the fate of the Italian finance ministry post resolved amicable earlier in the day, Giuseppe Conte, Italy’s new prime minister, accepted the offer to form the new Italian government and revealed the following key members of the his cabinet: Five Star leader Luigi Di Maio named labor and economic development minister; deputy premier League […]

Coinbase Board Member: Crypto Ecosystem Will Not See Regulation for Years

Kathryn Haun, board member of Coinbase and HackerOne, claims that regulation should not “outpace understanding” The post Coinbase Board Member: Crypto Ecosystem Will Not See Regulation for Years appeared first on

Apple Sides with Russian Govt, Restricts Telegram, Claims Pavel Durov

If there’s a sacred line the crypto community insists shouldn’t be crossed, it’s Thou Shalt Never Cooperate with Government Prohibitions. Apple Inc., the world’s most valuable company, appears to have ventured into such territory, according to Telegram’s founder Pavel Durov. He claims the maker of iPhone, iPad, and other iconic hardware, is purposefully restricting Telegram’s […]

13 Of 19 Bear Market Indicators Have Now Been Triggered – BofA

At the end of January, just as the S&P hit all time high, Bank of America caused a stir when it announced that one of its proprietary “guaranteed bear market” indicators created by the Bank of America quants was just triggered. As we said at the time, what was remarkable about this particular indicator is […]

Bitcoin Cash technical analysis: BCH/USD fails to firmly progress through $1000 territory, due to lingering strong sell zone

Bitcoin Cash has once again been plagued by the strong supply zone, within the early $1000 territory. Ascending trend line keeps BCH/USD well-supported in its mission to maintain bullish momentum. The price has not been above the mentioned sell zone since 26th May.   BCH/USD 30-minute chart     Spot rate:                    1,007.60 Relative change: […]

Bitcoin Price Analysis: Consolidation Leans Toward a Strong Bitcoin Move

After days of sudden, strong selling, bitcoin has managed to find a local bottom in the low $7000s where it has been drifting around aimlessly. As many traders on Twitter have noted, we have formed a large consolidation pattern called a symmetrical triangle (outlined in red): Figure 1: BTC USD, 1-Day Candles, Macro Symmetrical Triangle […]

EOS price analysis: EOS/USD makes a modest break above a wedge pattern, that was containing further upside

EOS/USD bulls gather enough momentum to take the price through a wedge pattern, that was containing upside. Immediately there is a chunky supply zone for the bulls to try and break down, tracking from $12.65-13.02.   The EOS price is seen up 6% during the latter stages of trading on Thursday, once again outperforming its […]

Bitcoin Nonprofit BitGive Announces New Project and Research Collaboration

BitGive — the globe’s first bitcoin-based 501(c)(3) nonprofit — has joined hands with the University of Edinburgh to research and examine the effects of digital currencies on both national and international charities. Both organizations are seeking to develop a stronger, more organized system for allowing charities to accept virtual currency donations. BitGive previously made headlines […]

Ripple CEO Compares Bitcoin to Napster, Says BTC’s Influence on Market Could Lessen

Crypto markets will eventually “correct” and wash out all players that don’t solve a real problem, says Ripple CEO Brad Garlinghouse The post Ripple CEO Compares Bitcoin to Napster, Says BTC’s Influence on Market Could Lessen appeared first on