Cryptocurrencies are synonymous with volatility. Leading coins like Bitcoin can fluctuate more than 10 percent in a few hours of trading. Speculative traders thrive on this level of movement. However, it kept many traders from crypto. That was until the introduction of USDT and other stablecoins. They facilitate the involvement of investors who are wary of the significant risk of volatility. Accordingly, it’s only natural for people to inquire, asking what is Tether (USDT) and Stablecoins. Simply put, a stablecoin …
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It’s been a few weeks since our last Bitcoin Analysis piece, but we are back and ready to dive back in! Bitcoin has been up to a lot since our last article, which was published in early December when Bitcoin was still trading under $20k. We had predicted in the past that a price target for Bitcoin this cycle was around the $50k mark – and we were correct! Bitcoin has fluctuated around this price point, and seems poised to …
Today, when the cryptocurrency market is becoming more mature and boasts hardly believable ROI, more and more traditional finance-minded people are investing in crypto for superior gains. We decided to help newcomers with their first steps and present a quick introduction to the most important aspects of crypto investments. Every novice investor has a number of questions that immediately arise in his/her head: what to buy, when to buy, and where to buy. We will try to clarify the main …
Even if you’ve never invested in cryptocurrencies before, now is the time to start. The recent Bitcoin rally to $55k is just the beginning: many coins could grow by 100% in 2021. But how to create a profitable portfolio and minimize the risks? In this article, the analysts of the leading passive investment ecosystem Midas.Investments offer their advice. Passive or active investing? If you are beginning to invest in crypto in 2021, you have three basic choices: 1) Passive HODL …
Last week we said: Bitcoin’s price analysis is still looking very bullish, and thankfully it is starting to cool off – meaning that the next leg up is getting closer. Despite it’s beginning to cool off, the market is still incredibly greedy, and I expect more consolidation before the all-time high is broken. In times such as this, remember to take extreme caution while trading. Bitcoin has a history of breaking the rules, so you can’t be too careful. BTC …
Continuing our series introducing the new coins included in the MN YAP fund, today we will look at DIVI coin! The MN YAP share is the latest evolution of the MNI (Masternode Index) share, which only included 5 coins. This latest iteration of the Masternode Yield Automated Portfolio (MN YAP) adds three more quality projects to the list, making the total list: ZEN, XZC, NRG, PHR, MIDAS, BTC, ESBC, and DIVI. Let’s take a look at Divi and what makes …
Today we are continuing our series introducing you to the coins included in the Masternode Yield Automated Portfolio fund. This MN YAP share is the latest evolution of our MNI (Masternode Index) share, which only included 5 different coins. The MN YAP share includes 8, and adds ZEN, XZC, and NRG to our list of PHR, MIDAS, BTC, ESBC and DIVI. In today’s article we are going to give an introduction to the Phore project. Introduction to Phore Phore began …
Last week we said: Bitcoin still appears to be moving in a bullish channel, with the price reaching a key decision point. If BTC makes a convincing break above $12k, a continuation upward is likely. Otherwise, it will probably retrace to the bottom of the bull channel before bouncing back upward. The investor sentiment is looking slightly greedy, but is still fairly neutral. Fundamentals remain extremely bullish, as mining competition is increasing along with institutional interest. In other words, we …
After a one week hiatus, the weekly Bitcoin Price Analysis articles are back! The market has been very active over the past two weeks, so there is a lot to get to! Let’s get started. Last week we said: Last week we saw a rather bearish scenario, but since the $10k level held we now see either a consolidation phase (neutral wedge) forming, or the confirmation of a bull channel. With investor sentiment neutral and/or slightly fearful, there certainly will …
Last week we said: BTC is testing $10.4k, but with an imminent death cross on the local hourly chart, a retest of the 10k zone is possible if not likely. I would expect this to be a quick touch, “wicking” below the 100MA on the daily chart but closing the day above 10.4k. Could our analysis get any better?? Once again, we hit the nail on the head with our prediction. Just like we predicted, BTC wicked down to the …
Last week we said: With BTC continuing to bounce, the deciding factor will be if it can break the $10.8 – 11k resistance zone. After that, $12k is the ceiling before breaking new ground. If BTC fails to break resistance, it will retest support at $10k. This is EXACTLY what happened! Bitcoin moved up and tested the 10.8-11k resistance and failed to break the key level. Effectively this created a “lower-high” in the charts, which is a short term bearish …