US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE

America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit … Read more

Calling Tops and Bottoms: 2020’s Most Popular Bitcoin Traders and Analysts

Bitcoin and cryptocurrency trading is quite popular these days. With the price upswings and volatility in 2020, crypto traders have made and lost a lot of money. In the last few years, a number of digital currency enthusiasts have been attracted to professional traders and analysts routinely publishing technical analysis (TA) online. Crypto asset trading … Read more

Bitcoin and Tesla: America’s Most Loved Assets on Tradingview

Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of new investors – both retail and institutional – to … Read more

In the Daily: Circle Acquisition, Tagomi Funding Round, Tradingview Crypto Index

In this edition of The Daily we cover a few examples of the evolving institutional crypto investment world. Circle has completed an acquisition of a regulated broker, cryptocurrency prime brokerage Tagomi closed a $12 million funding round, and charting portal Tradingview added a crypto index. Also Read: Tron Partners With Tether to Launch TRC20-Based Stablecoin … Read more

In the Daily: Coinbase Bug Bounty, Tradingview Crypto Dashboard, Bitfinex App Update

In this edition of The Daily, cryptocurrency exchange Coinbase has paid out a bug bounty of $30,000 for a critical vulnerability. Also, Tradingview has launched a new crypto dashboard allowing traders to track developments in the cryptocurrency markets and digital asset trading platform Bitfinex has released a new version of its mobile app. Also read: … Read more

Sentiment Analysis Is the Best Trading Tool You’re Not Using

Every good trader knows their TA from their FA, and can appreciate the effect that fundamental and technical analysis have on market movements. But what about SA? Sentiment analysis, which involves making decisions based on the emotions of other traders, is arguably just as important, especially in the cryptocurrency market, where a herd mentality prevails. … Read more