The Assets (Page 8)

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Swing Traders Are Driving the Bitcoin Market

Market Analysis

Swing Traders Are Driving the Bitcoin Market

* The majority of the Bitcoin supply is stored off-exchange * The investors controlling this supply are not selling * Price action is primairly influenced by swing traders controlling the liquid supply of Bitcoin Illiquidity Reigns Below is an overview of the different types of Bitcoin supply as well as their total amount:

Market Intelligence 6

Market Analysis Featured

Market Intelligence 6

* On-Chain Macro structure is still bullish * Short-term correction extended to $55k level * Micro indicators point to downtrend reversal soon Bitcoin Weekly Price Action * Price suffered a major drawdown from $65k levels and found support at the $60k levels * Market expected a swift reversal however prices descended again, this time to

Crypto Charts 47

Crypto Charts 47

Bitcoin Bitcoin Short Term ChartLast time we were looking for the correction to end in the green area of support and evidence that that the wave (ii) has ended. Looking at the BTC has either ended or is very close to ending and we would start to accumulate a long

Digital Assets Report 47

Digital Assets Report 47

* Nike enters the Metaverse * Winkelvoss Twins' Gemini exchange raises $400 million * Bitcoin and Cryptomarket in a temporary downtrend * Biden nominates Powell for second term as chairman of the Fed Business Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever reaches new heightsCryptocurrency start-ups have raised record funding

Crypto Charts 46

Crypto Charts 46

Bitcoin Bitcoin Short Term ChartLast time was said: ‘We can count 5 waves up since the wave 4 low and a move back through 65'200 should see an acceleration to the downside. I am sticking with an expected correction lower with daily momentum showing bearish divergence. Once we

Digital Assets Report 46

Newsletters Featured

Digital Assets Report 46

* Grayscale's Digital Asset funds' hits $60 Bn AUM and overtakes top Gold ETF * Bitcoin's Taproot Upgrade is the first in four years * Van Eck Bitcoin Futures ETF listed today * Tim Cook reveals he owns cryptocurrencies Business Crypto Firm Grayscale Hits $60 Billion AUM, Overtaking Top

Market Intelligence 5

Market Analysis Featured

Market Intelligence 5

Bitcoin: * Price reached all-time high * Leverage flush drops prices by 8% in a few hours * Prices consolidated and then gradually increased due to strong supply and demand dynamics * Bullish Macro trend Ether: * Price reached all-time high * Despite price fluctuations, price finished marginally higher than the start of the week Bitcoin

Digital Assets Report 45

Newsletters Featured

Digital Assets Report 45

* Mastercard launches crypto-linked payments cards in Asia * Bitcoin and Ethereum reach new all-time highs * Crypto Markets reach $3 Trillion Market Cap * Crypto Tax passed by House of Representatives and awaits Biden's approval * Huobi Group moves operations to Gibraltar after China exit Business Mastercard launches crypto-linked payments cards in

Crypto Charts 45

Crypto Charts 45

Bitcoin Bitcoin Short Term ChartThe move above 63'706 indicated that a larger corrective triangle is underway. We can count 5 waves up since the wave 4 low and a move back through 65'200 should see an acceleration to the down side. I am sticking with an

Market Intelligence 4

Market Analysis Featured

Market Intelligence 4

* Very bullish outlook for Bitcoin for Q4 * Bitcoin supply is very low * Long-term holders are waiting for higher price rally * Demand is steady and absorbing sell pressure Long-Term Holder Cycle Long-term holders or LTHs are categorized as investors who have held their bitcoins for more than 155 days. A LTHs&

Crypto Charts 44

Crypto Charts 44

Bitcoin Bitcoin Short Term ChartLast time we were looking for higher with Target to the topside are now 65'320 followed by the top of the channel and 67'700, where wave v is equal in length to wave iii. The high registered at 66'976 to

Digital Assets Report 44

Newsletters Featured

Digital Assets Report 44

Highlights * Ethereum hits new all-time high at $4'416 * Financial Action Task Force updates guidance for Digital Asset Space * ECB appoints new members for forthcoming Digital Euro Project * Olympus DAO loses $60 million in Phishing attack * Facebook rebrands as Meta and aims to build a new version of the

Bitcoin Flash Crash

Market Analysis Featured

Bitcoin Flash Crash

What Happened ? Bitcoin prices experienced a flash crash on multiple exchanges before recovering rapidly to normal levels on the 21st October, a day after Bitcoin reached a new all-time high above $67'000. Prices dropped to as low as $8'200 on Binance's US platform and

Digital Assets Report 43

Newsletters Featured

Digital Assets Report 43

* Second Bitcoin Futures ETF launched by Valkyrie * US Public Pension Fund invests in Bitcoin and Ethereum * Bitcoin finds support at $60'000 * UAE to regulate tokenized financial instruments Business Valkyrie Funds launches the Valkyrie Bitcoin Strategy ETF (BTF) focused on Bitcoin futuresBTF will trade on NasdaqKY3KY3 [https://www.ky3.

Market Intelligence 3

Market Analysis

Market Intelligence 3

Bitcoin has reached a new all-time high today, reaching $66.9k. Digital gold has performed extremely strongly in the last few weeks, soaring by more than 30% during the month of October. We'll delve into how long-term holders are behaving, as tendencies transition once prices reach new all-time

Market Intelligence 2

Market Analysis

Market Intelligence 2

> Price Chart's are a graphical representation of human behaviour at a certain price - Matthew Clark Our very own Matthew Clark asserted that graphs are a reflection of what an investor is thinking at certain point in time. Price undeniably reflects the collective conscious of all market

Digital Assets Report 42

Newsletters Featured

Digital Assets Report 42

* Proshares Bitcoin ETF finally approved * Bitcoin Price reaches $62k for the first time since May * G7 leaders issue guidelines on CBDCs * Blackrock & Morgan Stanley CEOs discuss Bitcoin Business First bitcoin futures ETF to make its debut Tuesday on the NYSE, ProShares says The first bitcoin-linked exchange-traded fund will make

Crypto Charts 42

Crypto Charts 42

Bitcoin Bitcoin Short-Term ChartLast time we were looking for higher with ‘target to the topside is 63'613 and this move could be sharply higher to new highs above 65'000.’ We have stopped so far just shy of the 63'000 level and looking at the

The NFT Revolution

Education Featured

The NFT Revolution

Non-Funigble Tokens or NFTs have taken the world by storm in 2021. Although not new, NFTs have gained prominence this year due the innovations in its application, the developments in network infrastructure to support them, and the vast increase in its userbase. This report will touch upon what NFTs are,

Crypto Charts 41

Crypto Charts 41

Bitcoin Short Term ChartFollowing Thursday's update, we have continued to grind higher within the channel and are looking for an acceleration higher towards the top of channel to complete wave (iii). Look to buy on dips with stops below 54'396, the wave iv low. One target

Digital Assets Report 41

Newsletters Featured

Digital Assets Report 41

* Arab Bank Switzerland partners with Tezos * SEC approves of ETF tracking Bitcoin-centric companies (Not Bitcoin itself) * US Department of Justice creates cryptocurrency enforcement team * Bitcoin reaches $56k, a new multi-month high Business Arab Bank has chosen Tezos to facilitate institutional custody serviceThe banking institution were granted approval from the Swiss

Market Intelligence 1

Market Analysis Featured

Market Intelligence 1

Will history repeat itself ? Bitcoin is set to reach an all-time high during Q4 of 2021, as it did in Q4 of 2013 and Q4 of 2017. Its price has so far moved in predictable four-year price cycles, marked by four phases; Exponential Growth, Correction, Consolidation, Continuation. It is therefore

What is Tezos Staking ?

What is Tezos Staking ?

In a nutshell For investors, Staking is a way of earning rewards for holding certain cryptocurrencies. Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions. Cryptocurrencies that allow staking use a “consensus mechanism” called Proof of Stake, which is the

Digital Assets Report 40

Newsletters Featured

Digital Assets Report 40

Business Société Générale Applies for $20M MakerDAO Loan Using Bond Token CollateralOne of the largest banks in France is working with one of the largest protocols in DeFi on a historic step toward institutional adoption.CoinDeskAndrew Thurman [https://www.coindesk.com/business/2021/09/30/societe-generale-applies-for-20m-makerdao-loan-using-bond-token-collateral/] Visa Working on Interoperability

Crypto Charts 40

Chart Analysis Featured

Crypto Charts 40

Bitcoin Bitcoin Bullish Short Term ChartLast time we said that a break of the 45'100 level would see the start of the next leg higher. This level will now become support and I would look to buy on dips towards that level. A break below 44'000