Crypto Buy Signals

Many people tend to compare BTC to historical events that ended tragically. We have heard comparisons to the dotcom bubble, tulip mania, the 1929 stock market crash, you name it. For instance, Yoni Assia, CEO of trading platform eToro took the dotcom bubble to compare it with cryptocurrencies, but not in the way many people thought he would. Read whole article...

Financial services provider Square has received a BitLicense from the New York Department of Financial Services (NYDFS), according to a press release published today, June 18. As a result, Bitcoin (BTC) trading is now available to New York users of Square’s Cash App, according to Cash App’s Twitter. Cash App released a Bitcoin option at the end of January to almost all of its users, originally excluding those in New York, Georgia, and Hawaii. With Square’s Point of Sale (PoS) network, adding a Bitcoin option means that merchants using Square could potentially accept Bitcoin as a form of payment. Read whole article....

Canada held the forty-fourth G7 summit, where the leaders of the seven most successful countries met. Among the important economic, political and social themes, the topic of crypto-conversions has been touched upon. This could be the reason why BTC made a big run.

BTC now trading around 6450. Borring day nothing to report... We are waiting for this triangle formation to end. There is a bigger chance of going down then up. 6200 to 6000 is the support level. Resistance is still at 6600-6700. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

BTC now trading around 6500. If you look at the image below you will see that there is a big resistance at 6600. If we don't break it, we will be going down again. There is support around 6450 but bigger support is at 6200. It will take some good news or a big investor to break this 6500 resistance. This is why we think it is not going to happen. DISCLAIMER : We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

During a live meeting on Friday, the Ethereum core development group shared its new plan to launch the two highly anticipated updates simultaneously. According to the proposal, the group now plans to release Casper, a proof-of-stake-based finality system, on top of a chain from the upcoming sidechain system, called a shard. Read whole article...