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Ripple Wakes Up After Long Slumber

There is always something going on in the crypto-land. The weekend saw the big bull and bear action on Bitcoin and the start of the week witnessed Ethereum and Litecoin breaking new tops. LTC continued to surge yesterday reaching an all-time high of $340 according to Coinmarketcap.com. A market correction saw prices return to just below $300 where it currently trades.Ethereum has also enjoyed a bu

DASH and Litecoin Analysis December 14, 2017

DASH/USDDASH continues to be very noisy during the trading session on Wednesday, reaching towards the $925 handle. We are a bit overbought at this point, so I would expect more short-term pullbacks, with an eventual eye on the $1000 handle above. I have no interest in shorting.LTC/USDLitecoin is forming a nice bullish flag on the hourly chart, suggesting that a move to the $450 level is possible l

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Grayscale Investments Completes Bitcoin Cash Liquidation

Bitcoin Cash supporters will be pleased with the Grayscale Investments news. This company decided to sell investors’ BCH balance instead of issuing it to them directly. Said liquidation process has been officially completed as of two days ago. A total of 172,501 BCH tokens has been sold on the open market over the past five weeks. So far, this has not had any major impact on the price whatsoever

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South Korea Won’t ban Exchanges but Introduce new Reasonable Regulation

There seems to be a lot of confusion regarding the Bitcoin regulations in South Korea. More specifically, we all know there will be an emergency meeting later this week. However, there are seemingly no plans to ban Bitcoin or any other cryptocurrency. Instead, new KYC and AML requirements will be introduced for all local exchanges. None of these measures are invasive whatsoever, which is only to b

DASH BULLS LEAD THE WAY AS ALT COINS RALLY TECHNICAL ANALYSIS DECEMBER 13, 2017

Yesterday was an across the board rally for alt coins. Other than LTC which gained $100, DASH bulls also drove prices to record highs above $900 for the first time. If DASH bulls keep up, then the $1070 mark will not be a mirage anymore.Let’s look at the charts:NEM BULLS AIM DECEMBER 8 HIGHS OF $0.68XEMUSD 4HR Chart for December 13, 2017As long as there is a stochastic buy signal in place and NE

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Apple Removes Fake MyEtherWallet Which Hit No. 3 on App Store

A rogue incarnation of popular altcoin wallet MyEtherWallet has finally disappeared from Apple’s App Store after gaining significant popularity.Having risen to number three in the marketplace’s finance app category, Apple moderators at last removed the spurious MEW from sight.Despite MEW itself not having an app and its desktop implementation being free to use, the fake charged $4.99 to downlo

DASH and Litecoin Analysis December 13, 2017

DASH/USDDASH rallied again during the day, reaching towards the $840 level. At this point, a continuation of that move seems very likely, and therefore we are bullish of DASH. Pullbacks should be supported, with the $720 level offering a bit of a floor. The target is $1000 going forward.LTC/USDLitecoin has gone parabolic, meaning that we are testing the $300 level as I record this. Buying at this

Leaked Documents, Withheld Funds, and Altcoin Pumps: Bittrex Faces Increasing Scrutiny

News Prominent cryptocurrency exchange Bittrex has come under increasing scrutiny in recent weeks. A Russian Telegram channel indicates that a customer was accidentally forwarded passport documentation and other sensitive data for users of the exchange in an email generated by the exchange. Also, a number of Iranian traders are complaining that they

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Andreas Antonopoulos Receives a $1.5 Bitcoin Donation With $13.46 in Fees

One of the bigger stories last week how Andreas Antonopoulos received a lot of Bitcoin donations. After being publicly “shamed’ by Roger Ver, the community showed their goodwill. One thing that seemed to go by unnoticed is how the high Bitcoin fees play a big role in all of this as well. More specifically, one donation worth $1.5 carried a $13.46 transaction fee. Bitcoin becomes less and less

MONERO BULLS NOW EYE $300 TECHNICAL ANALYSIS December 12, 2017

Even after period of consolidation, DASH, NEM and Monero bulls are now inching higher towards their respective resistance lines. Of note today is that consolidation of IOTA.This was expected given the gains in recent weeks but we still retain our bullish skew.There is high expectations of LTC expansion in the coming days given the rigorous marketing plans the founder and his team has.Let’s look

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