July 20th 2021, Cryptoassets Update Bitcoin hit a new all-time high of US$64,863.10 on March 13th but it has been going down since then and hit a low of US$30,681 on May 19th. After moving sideways for a month, [...]
Bitcoin - First contrarian buy opportunity In view of the sharp price declines, crypto investors are asking themselves these days whether the sector is already being stuck in a new "crypto winter" since almost seven weeks or whether the brutal [...]
Bitcoin - Earthquake in the crypto markets Bitcoin, and with it, the entire crypto sector underwent a dramatic correction last Wednesday. From the new all-time high in the wake of the Coinbase IPO at just under US$65,000, Bitcoin prices fell [...]
May 15th 2021, Cryptoassets Update PLEASE NOTE: This update was written over the weekend on May 15th and 16th. Since then, cryptos went through a blood bath Tuesday night. Our models use closing price data so I did not [...]
Bitcoin - Caution, the crypto sector is getting a bit overheated in the short-term It's been a massive rally over the last 15 months in the crypto sector since bitcoin bottom at US$3,800 on March 13th, 2020. reaching price at [...]
April 16th 2021, Cryptoassets Update Market Summary Bitcoin hit a new all-time high of US$64,863.10 on March 13th, but the Bloomberg Galaxy Crypto Index (BGCI) had almost the same value as the prior month at 2195.6. Fast forward one [...]
Cardano surges 1,000% since December! What’s next for the platform? Cardano (ADAUSD) is up more than six-fold since December and up nearly 9,000% from its March 2020 lows at $US0.016 to the recent top at $US1.54. Hence, after such a spectacular performance [...]
March 15th 2021, Cryptoassets Update Market Summary The Bloomberg Galaxy Crypto Index hit a year low of 241.61 in early March 2020. Last month it was at 2194.38 after Bitcoin made a new high of $51,630.86. Now, fast forward [...]
ETH/BTC priming for a bounce? Bitcoin has taken the spotlight in recent weeks, as the top dog cryptocurrency surged to all time-high territory in just 2 months of parabolic price-action. However, Ethereum has gained some ground in the past few [...]
November 16th 2020, Cryptoassets Update Market Summary The Bloomberg Galaxy Crypto Index closed Monday, November 16th at 660.18 after being at 503.25 last month and following a low of 217.82 in early March. Bitcoin hit a new 12-month high [...]
