What is the VIX and why is it relevant to investors? The Volatility Index, known as the VIX or FEAR index, helps measure how much the stock market might swing in the future. It looks at options prices on the S&P 500, hinting at how investors feel and what they expect in the market. 1. Checking Risk: The VIX tells us how unsure or risky the market might be. A...
Dero is a privacy-focused cryptocurrency that aims to provide fast, secure and anonymous transactions utilizing innovative blockchain technologies. The focus is on enhanced Privacy and Smart Contracts while maintaining the transparency and security of the blockchain. DERO is the first crypto project to combine a Proof of Work blockchain with a DAG block structure...
Monero (XMR) has suffered a 50% pullback since 07 May. Monero is the secure, private, untraceable cryptocurrency that keeps your money confidential. For those of us interested in owning fungible digital cash, this offers an opportune moment to add to our XMR stash. Fungibility is interchangeability between one asset and another asset of the same type such as...
The media has recognized and confirmed what we have been warning about for some time, that inflation was on the way. Well it is finally here. ‘The accommodative/bailout policies of Greenspan and his protégé Bernanke as figureheads of federal intervention and involvement into financial and monetary affairs and their ability to arbitrarily yield federal power have...
Decred looks interesting here after an 18.9% pullback from the all-time high set on 17 April last (Coingecko). We went long on 12 November last and are currently +1201%. This crypto has performed very impressively for the past 6 months and pullbacks generally find support at the 50 SMA. This is where we find ourselves today. If you are looking to redistribute...
This is just an update on Theta. According to Exodus’ co-founder and CEO JP Richardson, Theta is in line for a Q2 release this year, thus opening a path for U.S. residents to get involved: 55 minutes 55 seconds in: www.youtube.com In addition, Theta's price has pulled back 39% since its all-time high set recently on 16 April. This could be an interesting time...
There is nothing like the smell of cannon fire in the morning! We went long Pirate Chain (ARRR) last November as word had filtered out about this crypto's superior privacy features. As a long term fan of Monero, I have been always been on the look out for other privacy coins which may challenge Monero as the King of Privacy in the crypto sphere. Enter Pirate...
Zilliqa (ZIL) was developed in the year 2017. It is a high-throughput public blockchain platform designed to scale to thousands of transactions per second and the project was created to deliver performance, scalability, and security. Zilliqa is mainly based on the concept of Sharding and aims to enhance the scalability of other cryptocurrency networks. It is...
There are now hundreds of different blockchain networks in existence, but very few of them can communicate with each other. Cosmos is a project aiming to solve this problem of interloperability between blockchains. The Cosmos team finally launched their much awaited Inter Blockchain Communication (IBC) protocol on 29 March of this year. IBC is essentially a...
Bicoin Cash (BCH) believes in the original vision for Bitcoin (BTC) by Satoshi Nakamoto: 'A fast, secure, worldwide peer to peer electronic cash system with low processing fees'. Whereas BCH can complete 100+ transactions per second, BTC only manages three to seven transactions per second. The Bitcoin blockchain is no longer the ideal network for small...
Ethereum Classic (ETC) has had a great start to 2021 with the price rising 600% YTD. The hash rate of the ETC network has been rising steadily since the three year low as seen in early September last year. The Price has followed suit from the off in 2021. This has resulted in making the network more attractive to miners which in turn increases the security of the...
Ren Protocol is a permissionless and trustless protocol that allows users to transfer tokens across different blockchains. We went long REN/USD on 26 March 2020 at $0.04 and are +2525%. Today we see a new possible entry point at $1.05 after a 41.6% retracement from its 20 February high of $1.80. REN has found support at the 50 MA and looks primed for a...
We went long THETA on 26 June 2019 at $0.13. The cryptocurrency had an amazing run throughout 2020 and broke the $2 level on New Years day 2021. The price has continued to explode throughout the first quarter of 2021, reaching a high of $8 before pulling back to $7.29. THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that huge...
What Happens Next? Economists describe inflation as “too many dollars chasing too few goods.” When you have too many dollars chasing the same thing, the chase will drive the price up. Things will become more expensive. If you look at the following chart of the U.S. Stock Market 1945 to 2021: www.macrotrends.net you will notice the stock market chart from the end...
Decentralized oracles token Chainlink looks primed to gather further momentum after a recent pullback whereby the price has found support at the 50 SMA ($24.93). Today we highlight the possibility of another leg up after this latest price consolidation. LINK/USD is +136% YTD. LINK/USD found support at the 200 day SMA in late December. LINK/USD then rallied in...
Monero (XMR) faces resistance around $186-$190 which was the recent high set on 10 January. We went long XMR/USD in November 2019 and are currently +224%. However, we believe that we are only getting warmed up with XMR/USD. We have seen Signal attracting users from WhatsApp recently. We see private money out-competing surveillance money in the future. We remain...
We went long THETA on 26 June 2019 at $0.13. The cryptocurrency had an amazing run throughout 2020 and broke the $2 level on New Years day 2021. The price has continued to climb and is currently perched at an astounding $3.56. THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that huge problem with a "self-funding"...
fxnews24.co.uk We will keep an eye on a re-entry into ZRX/USD. After a 118% in 24 hours, it was time to take profits. We went long ZRX/USD on 29 December 2018 and close with a 418% gain. MACD, Stochastic and RSI all look oversold now in the short-term. We will keep an eye on this one.