Tag Archives: Altcoins
Quarterly Review Q2 2018: Wall Street Is Getting Ready
“The total market cap of cryptocurrencies was around USD 400bn, around a quarter of that of gold as store of wealth (gold bars, coins and physical gold ETFs all together amount to USD 1.5tn). And monthly trading volumes of the three largest cryptocurrencies by market capitalization (Bitcoin, Ethereum and Ripple) have increased sharply in recent…
Technical Analysis: Is a Crypto Winter About to Start?
After an epic rise from $162 up to $19,886 in just over two years, the price of Bitcoin fell by nearly 70 % between December 17, 2017 and February 6, 2018, to under $6,000. Alternative cryptocurrencies (altcoins) came under tremendous pressure too and some of them lost 80–90 % of their recently achieved all-time highs. Meanwhile,…
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