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Scott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close. Melker often uses the relative strength index (RSI) indicator on the 4-hour and 6-hour candle chart time frames to identify potential trend reversals. The RSI is an indicator that is used to evaluate whether an […]

Mark Cuban, billionaire investor and owner of the NBA’s Dallas Mavericks, has inadvertently “doxxed” his Ethereum (ETH) wallet today, revealing a cornucopia of mostly DeFi ERC-20 tokens that he holds. I definitely got my share of shitcoins lol. — Mark Cuban (@mcuban) January 28, 2021 “I definitely got my share of shitcoins lol,” Cuban replied […]

The oracle platform got one of its biggest political endorsements yesterday. It didn’t even have to pay for it. Chainlink adoption Hillary Schieve, the mayor of Reno, Nevada, pushed for the adoption of oracle protocol Chainlink in a tweet yesterday. She became one of the first-ever politicians to publicly endorse the platform. Absolutely come to […]

Crypto is booming. Since its creation in 2008, cryptocurrencies, other crypto assets, and blockchain technology have disrupted the way we think about money and decentralized systems. There’s been growing widespread adoption of the technologies, more investments poured into crypto projects, and increasing legitimization of the industry. Big companies have been incorporating crypto into their portfolios, […]

Former White House Director of Communications Anthony Scaramucci says the GameStop rally shows why Bitcoin, as a concept, will succeed. Bitcoin’s bright future The GameStop rally has come to symbolize individual power exceeding the might of Wall Street. Scaramucci, who co-founded alternative investment firm SkyBridge Capital, spoke about the decentralized crowd’s power in moving the […]

A crypto manager said that the much-awaited Bitcoin ETF in the US would likely be delayed until the milestone is reached. Sorry, no Bitcoin ETF Bitcoin and cryptocurrency exchange-traded funds (ETFs) have been on the wishlist of crypto market participants for years now, especially among the retail and professional managers in the US. Such products […]

Whilst investigating potential investments, I look at the team, its background, and skill set. I then determine whether all of that seems complimentary or not. In instances where that’s not easily visible and accessible, I look at the project’s stakeholders. As with anything else in life, if enough people support you–in your mission, vision, and […]

If you’ve been following the news at all over the past week, you know of the story of GameStop. The GameStop stock, which trades under the ticker GME, has undergone an extreme rally of over 1,000 percent in the past two weeks, which is somewhat of an unforeseen event in financial markets. The long and […]

Bitcoin’s price slipped under $30,000 a few hours ago as selling pressure began to pick up across top exchanges. This came after BTC attempted to push past the $33,000-34,000 resistance region on Monday. The cryptocurrency has since bounced after slipping under $30,000, bottoming in the $29,500 range that Bitcoin bottomed over seven days ago. Bitcoin’s […]

The star money manager made a big Bitcoin bet back when the project was in its nascency. And he now wants to make the US a better place. Pushing for education and zero state tax Social Capital founder Chamath Palihapitiya wants to run for the position of Californian Governor, he said in a tweet on […]