Tag: Ethereum
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Bitcoin on the path to new all time record highs
Bitcoin has topped $57,000 for the first time since 2021. And from a technical perspective, the world’s largest cryptocurrency is on the path to printing new all time record highs. In terms of fundamentals? The Bitcoin ETF. This was the catalyst many bitcoin bulls were waiting for. An ETF makes bitcoin ‘legit’ in the eyes…
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![Bitcoin to $50,000 by year end?]()
Bitcoin to $50,000 by year end?
Back on October 24th 2023, I laid out my technical analysis for Bitcoin and told the bulls that a major breakout had triggered. The breakout zone was the $31,000 zone and I expected upwards momentum while the price of Bitcoin remained above this price level. In that article, my next resistance zone came in at…
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![Bitcoin tests critical intraday support. Is the Grayscale catalyst fading?]()
Bitcoin tests critical intraday support. Is the Grayscale catalyst fading?
The bitcoin move on Tuesday August 29th 2023 had the crypto bulls excited. The catalyst? The US Court of Appeals for the D.C Circuit siding with Grayscale in a lawsuit against the Securities and Exchange Commission (SEC) which had denied the Company’s application to convert the Grayscale Bitcoin Trust to an ETF. Bitcoin, Ethereum and…
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![Bitcoin tumbles on Elon Musk’s SpaceX dumps holdings]()
Bitcoin tumbles on Elon Musk’s SpaceX dumps holdings
Last month, I gave readers my Bitcoin analysis and highlighted key levels. At that time, Bitcoin was testing a key resistance zone and after weeks of futile attempts to break through, the sellers piled in. There was one key breakdown of critical support which then turned my mood bearish. This is the chart and projection…
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![Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes]()
Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes
It’s been held underwater for some time on the back of negative cryptocurrency sentiment, but former Equity.Guru client Wellfield Technologies (WFLD.V) appears to be finally making a run against the tides, with CEO Levy Cohen pointing out a large spike in revenues this quarter (based off unaudited figures) as Wellfield’s new subsidiary Coinmama.com begins to…
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![The Cryptocurrency Guide for the Perplexed: Central Bank Digital Currency and the death of privacy]()
The Cryptocurrency Guide for the Perplexed: Central Bank Digital Currency and the death of privacy
President Joe Biden sent out an executive order to his people to learn all they could about crypto and determine if it was a threat to national security, and the news flew under the radar when they finally came back. It wasn’t anything anyone in the crypto space wasn’t expecting already—regulations required at all levels…
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![Today’s Idea: How to Buy Cryptocurrency in Canada]()
Today’s Idea: How to Buy Cryptocurrency in Canada
So you want to know about cryptocurrency, do you? If you’re here reading this now odds are good you don’t have the complete roadmap to get involved. You’ve maybe seen some ads online for Wealthsimple Crypto and thought you’d maybe like to get some crypto for yourself, but don’t know where to start. You’re in…
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![The Cryptocurrency Guide for the Perplexed: The Fringe, The Weird, and the WTF]()
The Cryptocurrency Guide for the Perplexed: The Fringe, The Weird, and the WTF
Normally we cover the top 100 crypto by market cap on Perplexed, but today we’re covering four strange and disparate cryptocurrencies, ranging from the peculiar but theoretically useful Augur to the downright weird Cthulhu Offerings. Why? Because there’s some weird shit out there and you should probably know about it—especially if you’re going to look…
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![Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?]()
Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?
One of the biggest unforeseeable events of the past twenty years has been the disintermediation effect of new tech. Netflix killed blockbuster, Amazon has slain Sears and other big box chains of the past, and services like Uber and Lyft are disrupting the traditional taxi services. Technology has been busy slaughtering the sacred cows of…
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![The Cryptocurrency Guide for the Perplexed: The Case Against Privacy Pt 2]()
The Cryptocurrency Guide for the Perplexed: The Case Against Privacy Pt 2
Late last week I wrote a little something on privacy and why we need it. That was intended to be a much larger piece—the second half of which would show the other side, lay out the counterarguments from both the perspective of cryptocurrency, but also veer into wider privacy related territory. Especially in view of…
