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Cryptocurrency
Major Cryptocurrencies Form Hammer Pattern

Major Cryptocurrencies Form Hammer Pattern

Summary Cybercriminals hack KuCoin Crypto ExchangeBitcoin (BTC) and Ethereum (ETH) continue to consolidate recent gains.Precious metals underperform major cryptocurrencies on a relative basis. Cybercriminals owned the headlines this week in the crypto space....

Crypto Bulls Step in at Support

Crypto Bulls Step in at Support

Summary Bitcoin (BTC) and Ethereum (ETH) find support.Precious metals and cryptocurrencies continue to trade in tandem.The Federal Reserve signals lower interest rates amid economic concerns. Market Trends This Week Both Bitcoin (BTC) and Ethereum (ETH) gained support...

Bitcoin Retests Critical Support Zone

Bitcoin Retests Critical Support Zone

Summary Bitcoin (BTC) fell for a third straight week to test support.Precious metals rose slightly then surrendered gains for the week.The Nasdaq 100 (@NQ) fell as much as 5% on Thursday. Market Trends This Week U.S equity markets saw a change of character this week....

What’s Behind the Boom in DeFi and Cryptocurrencies?

What’s Behind the Boom in DeFi and Cryptocurrencies?

Stocks aren't the only market setting new records these days. There's also a huge boom taking place in decentralized finance or DeFi. More than $9 billion in transactions were in the DeFi market today, according to the website DeFi Pulse. That's up more than 700...

Cryptocurrencies Digest Recent Gains

Cryptocurrencies Digest Recent Gains

Summary Bitcoin (BTC) and Ethereum (ETH) drifted lower after multi-week gains.Precious metals and cryptocurrencies continued to trade in lockstep. Market Trends This Week Bitcoin (BTC) and Ethereum (ETH) saw some selling pressure early this week before rallying to...

Explanation of the Stock to Flow Model as Bitcoin Pulls Back

Explanation of the Stock to Flow Model as Bitcoin Pulls Back

Bitcoin is having its worst week in over three months. Is it a bargain? Let's review a common valuation model for perspective -- the "stock to flow" model. The Stock-to-Flow model attempts to value BTC in a way similar to other scarce assets like gold and silver. Its...

Bitcoin, Ethereum Hit Milestone Levels

Bitcoin, Ethereum Hit Milestone Levels

Summary Bitcoin (BTC) and Ethereum (ETH) continue to maintain strong uptrends.Precious metals are in focus as BTC and gold (@gc) show correlation. Market Trends This Week Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, continued their bullish...

Crypto Breakouts Gain Traction

Crypto Breakouts Gain Traction

Summary Bitcoin (BTC) took out the $10,000 level for the first time in 6 weeks.Ethereum (ETH) and BTC prices surpassed long-term resistance. Market Trends This Week Last week, Ethereum (ETH) took a leadership position breaking-out of the recent low volatility period...

Ethereum, Precious Metals Soar

Ethereum, Precious Metals Soar

Summary U.S Treasury (UST) okays crypto custody for U.S banks after drawn-out debate. Ethereum (ETH) prices exploded out of recent price consolidation.Precious metals rocketed higher, led by Silver. Market Trends This Week Ethereum (ETH) saw fireworks late this week...