Been writing a few long articles lately but the tl;dr of it is that now that interest rates are going up, the asset speculation market (real estate, stocks, venture capital, crypto/NFTs) is largely over and money will start to flow into financial products that provide more "reliable" returns - mainly interest rates. Given that the banks are dragging its feet in...
Ethereum holders were hoping for a big rally after this week's "merge" on ETH's primary test network, Ropsten, but so far the markets have been responsive. Coins that offer staking rewards, however, did fairly well this week as a whole - the two winners being Tezos (XTZ) and Chainlink (LINK) which saw big gains today and over the course of this week as a...
Along with the "decoupling" event that happened on Friday, Ethereum's announcement of the ETH2/Consensys/Merge coming up in August is likely to create some waves in the crypto space as the date approaches - not only will it affect the ETH ecosystem itself, there's a chance that it could have significant ripple effects on the tokens minted on top of it as...
The Ethereum Foundation announced a soft-deadline for the long-anticipated ETH2/Consensys/"Merge" - which will move ETH's current proof-of-work systems over to proof-of-stake. DeFi and finance people tend to prefer PoS over PoW as an economic engine since it's more similar to how the banking industry operates. It also had the added benefit of being more secure,...
Ethereum looks good for a bounce back on demand zone / 200MA for a move towards 50MA. Current Price= 3074.42 Buy Entry = 3074.01 - 3000.33 Take Profit= 3215.95 | 3350.59 | 3455.31 Stop Loss= 2887.57 Risk/Reward= 1:1.2 | 1:2.1 | 1:2.8 Expected Profit= +17.67% | +30.96% | +41.31% Possible Loss= -14.79% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage=...
With Sol coming out of the alt field as a clear leader on many fronts it still has some bugs to work out. I love it as an everyday usage crypto, when I liquidate my positions and have to send them anywhere it's on the solana blockchaing because it takes 10 seconds and costs 10 cents.
Never forget that $10K ETH is not a meme. And Neither is $14K ETH according to Mr Fibonacci ;)
In today's inflationary economy where money printing reigns supreme, the idea of "burning" money to maintain a currency's worth stands out as counterintuitive and different. It's also highly illegal - creating your own money supply (counterfeit) or destroying them are usually both felony offenses in most fiat systems right now. In a way the ability to control a...
good evening folks awhile ago i recorded a video talking about the potential for eth topping out. a week later it fell. people called me wild back then, said eth could never fall, yet it dropped 55% over the last few months. i'm here to say - i think it drops another 55% before a bottom is put into place. ---- don't get me wrong, i'm bullish on eth, but i'm...
Measured move so basically targeting 2017 Highs! Be careful out there folks.
I believe BTC is going to continue a downtrend to the approx. $13,500 mark, which I outlined in a recent chart. The TA seems fairly straight forward considering the current situation within the US Financial markets (inflation, interest rates increasing, uncertainty of FED regulation, etc). ETH is a bit more complicated because it has a use case outside of a store...
$ETH retraced 60% from May 2021 ATH... reflecting this, $1.9k is on the table with wicks to $1.5k within reason. Major concern for much deeper retracement is ETH 2.0 unlocking with race to take profits from those that staked when Ethereum was much lower.
Ethereum bounced on 50MA / ascending TL support and has formed a bullish flag, let's catch next dip for a mid-term swing! Current Price= 4152.58 Buy Entry = 4006.05 - 3456.01 Take Profit= 4998.85 | 6999.83 | 10431.40 Stop Loss= 2882.99 Risk/Reward= 1:1.5 | 1:3.85| 1:7.9 Expected Profit= +33.98% | +87.61% | +179.58% Possible Loss= -22.73% Fib. Retracement=...
We saw Layer1 trend in 2021 #ETH & L2 + #DeFi can trend in 2022 📈
I'm not a big fan of ETH (right now) because it's fundamentals have been less than impressive with the ETH2.0 merge not expected until 2023 and gas prices being insane right now due to NFT demand causing such high transaction volume on the chain. With that being said there's been a lot of talk about it getting ready for a big move by some amazing traders and if we...
Ethereum has beautiful 4 hour charts showing huge demand and consistent wall street paper fake ETH bears exchanging vapourware ETH paper with real spot Eth from crytoexchange sellers unaware they are selling lower than value. Has all the ETH investment designed for ETH gone in ETH instead of all teh BS WallStreet instruments of mass market manipulation, the price...
As of this week, ENS (Ethereum Name Service) tokens have been airdropped to .eth domain holders. The idea was to issue tokens for governance and policies, but the odd thing is that they decided to let it have its own market. I think the idea behind this decision is to make the connections between politics and money explicit, rather than trying to deny it or...