LeapRate

September 03, 2019 BY Valentina Kirilova

Bitcoin bulls refuse to throw in towel – BTC clawing way back over $10,000

It took one excruciating week, but Bitcoin bulls gradually recovered from a battering by voracious bears, which had driven the digital asset’s value down below $9,500. The analyst community had soured on the token’s sensational past and had consigned itself to waiting for another visit to the lower realms below $9,000. Several reasons were proffered…

August 30, 2019 BY Valentina Kirilova

Bitcoin finally releases hold on $10,000 - Falls to $9,500, confusing analysts

Over the past two months while Bitcoin has been range bound, there have been a multitude of explanations for its sluggishness and inability to leap forward from its $10,000 perch. As for what could happen next, there are just as many predictions, primarily based on technical interpretations of the pricing “tealeaves”, but at times like…

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets

August 29, 2019 BY Valentina Kirilova

New report reveals that Bitcoin’s Lightning Network may be struggling

In its initial idealized beginnings, Bitcoin was intended to be another payment option at the point of sale, free from interference by bankers and a cheaper alternative for merchants. A few zealots actually predicted that Bitcoin would soon rival Visa and MasterCard at the point of sale, but that dream soon disappeared, as BTC became…

August 29, 2019 BY Valentina Kirilova

What’s up with Bitcoin? Its volatility is at its lowest ebb since mid-June

Concern is growing within the Bitcoin analyst community of late, since its 30-day volatility measure has been dipping from a recent high of nearly 130% to a current low of 64%. BTC has earned a reputation for being the most volatile asset class in history, and for good reason, but its latest descent has confused…

August 26, 2019 BY Valentina Kirilova

Bitcoin tree-hugging at $10,000 level – Analysts mixed on next direction

Suddenly, Bitcoin “watching” has become boring. There had been some expectations that this weekend might bring a groundswell of support, based on a contentious G7 meeting and the fact that S&P futures were in the toilet, due to tariff wars, but such was not the case. Yes, Bitcoin jumped up on Friday in anticipation of…

August 23, 2019 BY Valentina Kirilova

Bitcoin ending week as it started above $10,000 – Weekend trading ahead

What a difference a week makes, or does not make in the case of Bitcoin’s progress toward a new All-Time-High (ATH). Based on favorable news about the launch of the Bakkt exchange in late September, BTC buyers were numerous at the start of the week, driving prices up to strong resistance at $11,000, only to…

August 22, 2019 BY Valentina Kirilova

Five important dates loom large with respect to Bitcoin’s future prospects

In our new Internet Age, news cycles often turn over so quickly that yesterday’s storylines are soon forgotten, along with any important dates that could loom large in the future. Such is the case with Bitcoin, and particularly so since price behavior tends to gyrate wildly whenever news event of interest occur. For traders and…

August 21, 2019 BY Valentina Kirilova

Bitcoin analysts cannot part with unfilled CME gap at $8,500 hypothesis

There is an old trading maxim that veteran traders always abide by, which states that one should never let their emotions convince them that they are smarter than the market. We have all made this mistake. We develop a strategy around a perception of what we sincerely believe the market will do. We establish a…

August 19, 2019 BY Valentina Kirilova

Bitcoin bears prowling, but weekend trading maintains key $10,400 level

Nine weeks and still ranging is not what Bitcoin enthusiasts had been hoping for, but the leading cryptocurrency has not necessarily backed away from volatility. When other assets are range-bound, it is typically a tight range. One could make the argument that BTC is held captive by “tightening” boundaries, since its price behavior is now…

August 16, 2019 BY Valentina Kirilova

Bitcoin leading indicator is abysmal – Fear Index hits lowest since 2018

Financial markets are in turmoil. The forever feared interest rate inversion has occurred. When 10-year Treasury yields drop below those for 2-year Treasuries, it is an alarm that a recession is on the way, perhaps, within the next 12 months. This indicator is our most trusted and accurate one for predicting recessions, having been on…

Category: Bitcoin

Bitcoin bulls refuse to throw in towel – BTC clawing way back over $10,000

Bitcoin finally releases hold on $10,000 - Falls to $9,500, confusing analysts

New report reveals that Bitcoin’s Lightning Network may be struggling

What’s up with Bitcoin? Its volatility is at its lowest ebb since mid-June

Bitcoin tree-hugging at $10,000 level – Analysts mixed on next direction

Bitcoin ending week as it started above $10,000 – Weekend trading ahead

Five important dates loom large with respect to Bitcoin’s future prospects

Bitcoin analysts cannot part with unfilled CME gap at $8,500 hypothesis

Bitcoin bears prowling, but weekend trading maintains key $10,400 level

Bitcoin leading indicator is abysmal – Fear Index hits lowest since 2018

Equiti Gains In-Principle Approval to Launch Investment Fund

Euro Route to Romanian Bond Market Opened by Clearstream

CFPB Sues Capital One: Says Company Cheated Consumers Out of Over $2bn in Interest Payments

Thunes and Hyperwallet Expand Payout Access Across Asia-Pacific

Worldline Extends KBC Partnership in New 6-Year Agreement