ETH/USD Downside! 16 Nov 2021

Ethereum has made a significant drop in the last 24 hours as Biden’s infrastructure plan was approved today. The infrastructure plan had an obscure cryptocurrency tax reporting requirement. We’re capitalising on the downside pressure, targeting Ethereum downside into the $3750 level. Downside target: 3750 Violated above: 4900

ETH Hits ATH, BTC Stumbles, Australia Makes Crypto Mainstream?

Ether, the worlds #2 most popular cryptocurrency, printed fresh all time highs yesterday as the crypto bull market continues. Eth traded above the previous days 4,600 USD high. This was following the Fed’s announcement of tapering asset purchases, but holding their perspective that high inflation would prove “transitory”. The Fed’s complacency regarding inflation implies theyContinue reading “ETH Hits ATH, BTC Stumbles, Australia Makes Crypto Mainstream?”

US Banks To Accept & Hold Cryptocurrencies?

Jelena Mcwilliams – Chairwoman of the Federal Deposit Insurance Corporation says that says that US officials are looking to hold cryptocurrencies in order to keep control over the asset in an interview with Reuters. The push to make the asset class main-stream would involve rules over holding cryptocurrency in custody to facilitate client trading, useContinue reading “US Banks To Accept & Hold Cryptocurrencies?”

Monday Crypto Minutes – Need To Know

The fastest ever $1B AUM, bitcoin futures see never seen before volumes, and what do the US Government, Wu-Tang Clan and disgraced Pharmaceuticals figure Martin Shkreli have in common? All covered in this weeks minutes! The Fastest Billion in AUM Last week the launch of a Bitcoin ETF that trades on Bitcoin futures rather thanContinue reading “Monday Crypto Minutes – Need To Know”

Crypto Gains Mainstream Popularity In Aus!

Whether Cryptocurrencies are the future remains hot topic, with strong arguments on both sides of the debate. Crypto fanatics are celebrating in Australia at the moment however, as main stream investors get on board. What Happen For Crypto In Australia? Two large Australian fund managers (Betashares and ETF Securities) announced they were getting into crypto,Continue reading “Crypto Gains Mainstream Popularity In Aus!”

BTC Surges Over $57,000, Q4 Bullish Seasonality & Eth Sign In – The Next Phase Of Digital Security?

Bitcoin has surged over the $57,000 level as it embarks on another bullish leg. The fourth quarter of the year is typically bullish for the kingpin cryptocurrency, which saw a 170% upside in Q4 2020. BTC has had a strong start in Uptober (see what I did there?), rising above the $55,000 mark for theContinue reading “BTC Surges Over $57,000, Q4 Bullish Seasonality & Eth Sign In – The Next Phase Of Digital Security?”