Everyone wants to invest in blockchain. At least, that’s the impression one gets from the daily funding announcements that are eagerly reported by crypto news media. There's little doubt that digital currencies have seen remarkable growth. Spurred on by the incredible growth of bitcoin (BTC) and ether (ETH), the field of cryptocurrencies has only continued…
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Bitcoin adoption metrics across the board “look awful”, claims a BTC fundamental expert on Twitter. BTC Adoption Metrics Seem To Be Down A BTC fundamental expert on Twitter claims that Bitcoin adoption metrics “look awful”, citing a few charts highlighting the important trends. There are three relevant graphs here that the expert has pointed out, […]
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The cryptocurrency community has been discussing the Bitcoinsv network as a mining pool called Taal has well over 51% of the hashrate. Data from the analytical crypto website Coin Dance shows the mining pool Taal commands over 78% of the network’s hashrate during the last 24 hours. On Tuesday, the European cold storage provider, Gravity, […]
Bitcoin price action is still stuck at support, but unable to break it after repeated attempts. Throughout the asset’s history, after any support has been tested so many times, it ultimately breaks. However, the Fibonacci sequence and a key mathematical level could explain why $30,000 is so critical to the cryptocurrency market cycle, and why […]
Unit bias is the concept that buyers are more enticed to buy a whole unit of a given currency instead of a fractional quantity. Many newbies (myself included at one point) hold the irrational view that BTC or ETH are simply too expensive and hence look into “cheaper” coins that they can own more units…
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A couple years ago, I was having all of the above problems. I would set my PC to sleep, walk out the room and I'd come back in and it would still be on. The CPU was idling at 50-60c with a very expensive CPU cooler on it. The fans seemed to be whirring constantly.…
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Bitcoin and most major altcoins are bouncing off strong support levels, indicating possible accumulation by the bulls.
So I started doing crypto in February as a possible “Hobby” and a (ironically enough) a distraction from my depression and anxiety. And you know what, crypto did exactly that. I love doing this, even though I am about 20% down on my initial investment. I am also a total believer of the “not your…
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