Coinbase Consumer Offers Crypto-to-Crypto Conversions
Coinbase’s consumer focused app “Coinbase Consumer” (i.e. Coinbase.com / the app in the app store) now allows crypto-to-crypto conversions.
The Same Basic Logic Applies to Crypto Today That Did Back in 2014 – 2015
In June 2015, when we started this site, one Bitcoin was worth about $225 USD. By comparison the next most valued cryptocurrency at the time, Litecoin, had a value of about $1.50. In that time I offered words of caution.
Bullish Divergence on 4hr RSI For BTC and Crypto Cap
There is a bullish divergence on the 4hr RSI for BTC and the crypto market cap as a whole. This is a bullish reversal pattern found at bottoms… but it is also a pattern that appears in the midst of long downtrends.
Finally, “The One Coin to Rule Them All – Chapter II” Has Been Released
A while back a TradingView Analyst named gmgame released the most epic crypto TA chart in the history of capital markets “The One Coin to Rule Them All.” This week he followed up with the sequel “The One Coin to Rule Them All – Chapter II.”
Nasdaq & Fidelity Invest in ErisX
A group of investors, including Nasdaq Ventures and Fidelity Investments, have invested in ErisX. ErisX is a planned crypto and crypto futures exchange.
Gemini Exchange Launches App
Winklevoss twins’ Gemini crypto exchange has launched its long awaited app. Now traders can trade directly from their phone.
Coinbase’s 12 Days of Coinbase
Coinbase is doing a 12 days of Coinbase series of announcements. That is one big announcement a day for 12 days starting Dec 10th. You can find a running list at Coinbase.com 12 Days of Coinbase page.
State Farm is Testing a Blockchain Solution for Aspects of Auto Claims
State Farm has announced they are testing a blockchain solution for for different aspects of auto claims to see if blockchain technology can help improve some manual processes.
We are Still in a Bear Market For Bitcoin (Dec 2018)
We have been in a bear market for Bitcoin for nearly all of 2018. For that not to be true it’ll take a serious change in price action.
Short Interest on BTC and ETH at All Time High on Bitfinex
Short interest on BTC and ETH hit an all time high today as prices dropped to 2018 lows. Short interest generally shows sentiment (bearish in this case), but it also can be a set up for a short squeeze (like in April).