crypto

Binance WILL delist BCHSV

CZ of Binance just made a threat against Craig Wright of BCHSV (Satoshi’s Vision) to delist the coin.

We have word from our sources saying that Binance has already organized the framework to delist the coin at any moment. This is not a threat, it is a matter of when, not if. We fully expect this to happen within the next 3-6 days, at most. Additionally, our sources claim that other exchanges will follow if Binance delists the coin.

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FREE Bitcoin Call

We don’t normally do this, as this kind of call is reserved for our PremiumProgram members, but to celebrate 2019 we are giving this one away for free - early.

We are bullish on Bitcoin with a target around 4100-4200. You should have anywhere between 4.7% and 5.7% profit within 6 hours of this playing out, then watch it run. Set stop losses accordingly. S.L. marked with red line and dashed arrow. This will play out from the 6th to 7th of January 2019 - so you have PLENTY of time to get ready. Happy profiting!

For reference: remember, this is Crypto. In traditional stocks, 4-5% profit is made over a year, not a few hours. Overall, the market is still bearish, so this kind of profit is solid.

NOTE: On the 7th of January 2019 (Australian time) will be a decider for Bitcoin. We could fall or keep running, but things are getting tight, so take profit and be ready.

Our PremiumProgram members already have a game-plan and are good to go.

If you want to stay ahead of the market and continue to profit no matter what, join Premium today. We provide you with what to buy, when to sell, and what to hold + technical and fundamental analysis, 24/7.

Happy 2019 everyone

2018 Summary & 2019, onwards!

2018: One of the biggest consolidations of Bitcoin in history. We dropped from approximately $20,000 per Bitcoin to as low as $2,800 (depending on which exchange you are looking at).

Guess what: 2019 might not be friendly, either. Sorry guys, but Bitcoin could fall as low as $800 USD per coin in 2019. If that happens, LOAD UP and set your positions. We have strong supports but once we break the $2,800 limit, we fall to $2,000 and then if that level breaks, the next support is $1,200. If that breaks, $800 will arrive shortly.

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This is not a bad thing. It is true capitulation.

Right now we have a relief rally and we are on track to hitting $4,500.00 USD per Bitcoin in this relief rally.

What to know when to cash out, what to buy, what to hold, what to sell? Join our PremiumProgram today to set yourselves up and make the most profit in 2019.

2019 will be all about picking the RIGHT projects and the BEST projects to make bigger profits, come the next bull-run. Be sure you know exactly what you are doing. Our PremiumProgram members have made an average profit of 9% per week throughout all of 2018 (from February 2018). Compound that by 48 weeks, that means (on average) our users are 432% up since 1 Feb 2018. Not bad, considering the majority of 2018 has been a bearish market.

We show you the best way to balance a portfolio and trade. It is up to you to take action and make a difference.

For how, Happy New Year, guys

BTC Relief Rally - Free Trade Call!

32 hours ago we informed our Premium members that it was time to setup last minute longs and trades, respectively. We've planned for this since November 10.

Bitcoin is now preparing to relief rally, which should keep up throughout the rest of December and January 2019. We are expecting BTC to hit around $4,800USD approximate value.

Want to know exactly what coins to buy, sell and hold? Want more detailed trading signals and analysis, provided to you in real-time?

Subscribe to Premium now for more. Our Premium members receive constant updates on multiple trade calls (short and long term), plus more.

Amazon, Walmart - Accepting of Crypto!

  • AWS CEO Andy Jassy unveiled two new blockchain products at the re:Invent conference in Las Vegas on Wednesday.

  • The company will offer Amazon Quantum Ledger Database and Amazon Managed Blockchain for developers using its cloud-computing services.

  • Amazon is introducing the services despite an almost 70 percent plunge this year in the price of bitcoin.

Amazon's new product will support two popular existing blockchain platforms — Ethereum and Hyperledger Fabric. Ethereum is a popular open-source building platform for developers, linked to the cryptocurrency ether, while corporate giants including IBM are currently building projects on Hyperledger.

In addition to the managed blockchain product, AWS announced Amazon Quantum Ledger Database, or QLDB, where customers can replicate a copy of their blockchain network activity.

Amazon already leverages Ethereum on its cloud network, and in May announced a partnership with start-up Kaleido to make it easier for customers to put their services on blockchain. Microsoft offers customers "blockchain as a service" on its Azure cloud.

On the other side of the fence, Walmart is also fully invested in Blockchain. Walmart recently became one of the first retailers to explain how it will be using the technology. The company said it would require lettuce suppliers to upload data about their foods to blockchain within a year.

Our Premium Members are kept up to date with market updates and key news coming out. Join our PremiumProgram to keep up with everything Crypto related.

TRADE TIP: What to watch?

Here is a free trading tip, which we constantly remind our Premium Program members of, like clockwork: MARKET CAPS. Why?

The market cap essentially represents the amount of demand for the #crypto. More people buying, bidding the price higher, leads to a higher market cap. You watch the market cap to determine how the market should react in the near future. You watch the volume, the action.

Many traders like to watch the Bitcoin market cap. We do it differently, we tell our Premium members to always have open the Bitcoin Market Cap AND the Alt Coin Market Cap (see links below). Why? Well, you need to see how both interact with eachother to best determine where the money is flowing. If you see BTC market cap declining, where is that money going? Check the Alt-Coin market cap. Always have both open.

https://coinmarketcap.com/currencies/bitcoin/

https://coinmarketcap.com/currencies/altcoin-alt/

It’s a small but very handy tip. Always remember to keep your eyes on how the wider (marco) market moves. Understanding technical analysis (TA) is imperative.

#btc #bitcoin #bitcointrading #technicalanalysis #daytrading #lupotoro #daytrader #tradingtips

Buffett Backflips: ALL IN CRYPTO!

Warren buffett has for years talked down on Crypto, especially #Bitcoin.

However, Buffett's investment conglomerate - Berkshire Hathaway - has invested $600 million across two large Fintech firms ($300m each). On of the investments is in Indian firm, Paytm (the largest mobile-payments service in India).

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The other investment was made in Brazillian StoneCo, Brazil's largest brokerage firm. Interestingly, the firm recently announced that it will launch Bitcoin and Ethereum exchanges in Brazil.

Both firms invested in are heavily involved in Blockchain technology and R&D. Both have investments in Bitcoin and other Cryptocurrencies. Both go against everything Warren Buffett once claimed about Crypto.

It is obvious that he has had a change of heart. However, many speculators suggest it was a game the entire time; play bearish on Crypto and Bitcoin whilst accumulate and build partnerships in the background.

Bullish news. Be happy.

You can find out more market updates and insights through our PremiumProgram to help make the best decisions for your investments

Throwback: ETH crashed - $317 to 10¢, less than 1/20 of a second

Throwback to that time when ETH crashed on GDAX from $317 to 10¢ in less than 1/20 of a second.

Why post this?

It is a reminder that this market can be highly manipulated, depending on the coin. Remember to have stop-losses and keep yourself fully engrossed in the market; you want to plan ahead and ensure your investments are safe.

Happy Thursday, everyone!

Poloniex Launches Institutional Trading Services + Market Update

Crypto exchange Poloniex has announced the opening of trading services for institutional clients.

The company, which was acquired by payments firm Circle earlier this year, said Tuesday that it will begin offering institutional accounts, with support for different crypto trading pairs and API interfaces. The exchange will also provide no-fee transactions for all bitcoin/USD Coin trades in December.

As part of its new accounts, Circle is offering over-the-counter trading through Circle Trade, services through Poloniex and trading pairs with the USDC stablecoin, according to a registration page. Firms looking to participate in OTC trading must issue a minimum order size of $250,000.

In its announcement, Circle explained that it would offer institutional clients higher withdrawal limits, as well as “professional customer support.”

“Our highly trained team will guide each institutional customer through the onboarding process, coordinate issue resolution across multiple teams and support ongoing trading activities,” the firm explained

Circle and Poloniex join industry exchanges like Coinbase in offering services specifically for institutional traders. The latter exchange, which also offers USDC trading pairs, began rolling out custody services for its institutional clients in May.

More recently, Coinbase has also begun trialing an OTC trading desk, though the platform will not go live until early next year.

MARKET UPDATE - A Summary

Mainstream Media Says Bitcoin Is Dead: Is It The Time To Buy? The media have incorrectly described Bitcoin’s recent plunge as a “dead” end for the cryptocurrency. However, it is not what it seems, and this may just be the best opportunity to buy low.

G20: Crypto Taxation System to Be Developed Soon. G20 member nations plan to release a system that makes it easier for cryptocurrencies to be aligned with the global tax system.

$257 Million Worth of BTC Were Sent From an Inactive Address: One of the top twenty wealthiest Bitcoin address moved 66,233 BTC ($257 million) for a transaction fee of less than $50 after being inactive since 2014. Who owns the wallet?

Asus crypto mining partnership: Gamers who live with their parents can now make money by mining cryptocurrency with their idle graphics card. They only have to install an application that was developed to run in the PC’s background.

Morgan Creek CEO Says Bitcoin’s Value Could Be 20x Current Value In The Next 10 Years: In an interview on CNBC’s Fast Money, Mark Yusko said the current state of the market makes Bitcoin a good investment choice for both the long-term and short-term. A 20x increase in the next ten years is attainable, according to him.

Nasdaq confirms it will list Bitcoin Futures (again): Previously, it was a rumor, but Vice president of Nasdaq’s media team, Joseph Christinat has confirmed that Bitcoin Futures will launch on the world’s second largest exchange in the first half of 2019.

BTC Health Check

Bitcoin has had a rough patch over the past month, falling so hard that it is (almost) a record fall for BTC. On the surface, this crash is worse then the 2013/14 historic Bitcoin and Crypto market fall. Looking at the market cap, we are actually (at time of writing) about 6% lower then that historic collapse.

  • Bitcoin mining difficulty fell by 15%, the sharpest decline since 2011.

  • The market cap is around $128 billion.

  • Trading volume is stable at $14 billion.

  • Bitcoin Dominance currently at 53.9%.

So what’s next?

Our LupoToro analysts all believe we are near the bottom of this fall. We should see another leg down, before finding support between the 2k and 3k levels. There is a slim chance of 1.9k BTC, however this is less likely. At 3k there is little support, so a fall to 2.5k is a possibility; we may touch on 2k flat before a bounce up.

Short-term, we expect a recovery rally between late December 2018 and January 2019. Good news to regain some profits in you are day-trading!

Medium-term, we expect to be tracking sideways in 2019 with smaller dips and rallies.

A bullrun on the horizon?

Fundamentally, the fundamental analysis does lead us to believe we could bullrun early to mid 2019. Is this likely? Well, before we answer, lets look at the technical analysis (also considering the market cap). TA says not likely, FA says likely. You need to consider both but we prefer to favour TA as that is what traders watch - they watch the charts. You can have all the good news in the world, but if the traders are bearish and trade bearishly, it would take MASSIVE fundamentally good news to break chart trading trends and push up, leading to a bullrun. Is it impossible? No.

Accumulate. Set stop losses. Be wise. Don’t over invest. Be patient. The patient are always rewarded in traditional stocks and this holds true for Crypto.

We are not providing financial advice here, just general information.

TRADE WAR: Hodl

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. Essentially, the massive macro-economic Trade War between the USA and China is currently in HODL phase.

At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. China will buy a "very substantial" amount of agricultural, industrial and energy products, the US says. Meanwhile, Beijing says the two sides agreed to open up their markets.

BUT….How does this relate to Cryptocurrency?

Without going into boring economic detail, it means that the tension and stress in the wider economic market (between two superpowers - USA and China) are on the back-burner. So, the wider financial markets (traders, speculators, institutional investors) now:

  • Have the GREEN LIGHT to invest, trade and carry on as per normal

  • No current macro-economic risk of two world superpowers fighting with interest rates/inter-country trading and debt

  • Potential bearish scenarios which would play out due to a trade war are not front of mind, as both countries agreed to play this out safely

Essentially, Cryptocurrency Markets and wider traditional stock markets (ASX, Dow Jones, S&P Index, NASDAQ, etc.) are all free to trade without the fear of an inter-country Trade War ruining their day.

We’ve been calling it for months - a very BULLISH return to Crypto is on the near horizon and we will see a bullish return by the end of December 2018; Q1 2019 will be extremely Bullish.

Our PremiumProgram members have already been updated with WHAT trades to make and are in line to profit from the latest technical and fundamental analysis, performed on the current market.


As always, trade safe and ensure to keep your options open.

Is the market over-reacting?

The market isn’t done with the crash. The hashwars are still, of course, continuing - making a mockery of the market itself. But, is the market over-reacting?

The answer is wholeheartedly, yes.

Despite the very real drops in the value of Bitcoin and virtually all alt coins, Bitcoin fundamentals have never been stronger with it’s infrastructure still growing at a healthy rate.

Take the lightning network for example, this has increased its capacity by almost 200% in the last 4 months.

Ethereum are also working on their next project “Ethereum 2.0” - with talks of this being a completely new Blockchain, it boasts to be much more complex in it’s creation to withstand everything it struggled with in the past.

Last year, we had big dips before the bull-run that many weren’t ready for. Now, fundamentally, everything is much stronger. With confirmed Swiss ETF’s, upcoming BAKKT and VanEck ETF in the United States plus other fundamentally strong news, we are in a good position.

For the moment, we are dealing with negative market sentiment and hype, but all signs are pointing toward positive market movements in the near future. We will move up (BTC to around 5000) before another drop below, breaking down to the bottom (potentially around the 3000 level for BTC). This is happening extremely quickly, which should lead to a quicker recovery, as we bounce hard up once the market is ready.

Stay strong and do your research! This won’t last forever.

BAKKT: Manipulation & Delay

BAKKT today will reveal that they will delay their launch from December 2018 to January 24 2019. Surprise surprise…not.

BAKKT need to accumulate actual BTC, as do their major institutional clients. The market is in a dip right now. What better way to accumulate at today’s prices? Well, accumulate at tonight’s lower prices, of course!

By delaying their highly-anticipated launch, it puts further pressure on the market, pushing BTC and the wider market downwards. By informing their Clients ahead of time, their Clients have the chance to exit markets before further price drops. Once the market reaches a bottom (possibly $3k BTC), they can all accumulate at bargain prices.

That is the market, folks. We are controlled by massive money - just like any modern market. Massive players, massive money. Rich need to get richer. This is the perfect avenue and circumstance to allow this.

The takeaway: Stay calm. This is all part of the plan. Smile.

XLM Ready for Bitcoin Decoupling?

It’s widely known that all alt coins rise and fall in value in the wake of Bitcoin as it also rises and falls as so many different coins rely on it, despite what some coins may say in terms independence.

Stellar (XLM) However, has become one of the strongest and most stable coins going around.

To decouple from Bitcoin, alt coins need to have their own infrastructure and/or price stability that is derived from said infrastructure. XLM is a leader in alt coins in this space as they have built a whole ecosystem around their project. Without naming everything they’ve put into their ecosystem, some of the major components they’ve built varies from; their own decentralised exchange, stellar-based stable coins, layer 2 scaling solutions similar to the Lightning Network, increased fiat exposure through its presence on almost every major exchange and major connections & partnerships to big companies world-wide.

When taking all of this into consideration, XLM is arguably one of the strongest and stable alt coins going around at the moment. Given the fact that it is getting this kind recognition is testament to their project and what they’re building.

Strong Institutional Investment for Bitcoin

In 2017, financial services company, Morgan Stanley, had a bearish outlook on Cryptocurrency and Bitcoin as a whole. However, for their 2018 market analysis, they are bullish for the 2018 year, going into 2019, and beyond.

Why the complete change of pace? It could be that Morgan Stanley have privately invested over $400million into Bitcoin and wider Alt-Coin projects, or the fact that they are planning on releasing a derivatives project directly to their Client base. Or both.

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It’s important to note that the bank is not actually planning to trade Bitcoin or cryptocurrencies directly but rather to offer Bitcoin swap trading tied to futures contracts. Earlier this year, CEO James Gorman said that a trading desk specializing in derivatives tied to digital assets could be a potential service offered to clients.

Futures are contracts in which the buyer has agreed to purchase an asset at an agreed time and price in the future. The same arrangement stands for the party selling the asset as well. These contracts note both the quality and quantity of the assets that are being traded, standardized, and either require physical delivery of the asset being traded or are settled in cash.

According to Bloomberg, the bank already has the measures in place to offer Bitcoin swap trading, however, it will not officially launch any initiative without first ascertaining the level of institutional client demand and completing a thorough internal approval process.

The takeaway here is that there is very strong Institutional interest in the Crypto space and that is growing at rapid rates, daily. A bullish return is on the horizon.

Goldman Sachs - BTC Derivative

UPDATE 6/09/2018: We can now confirm that indeed our sources were correct, Goldman Sachs is working on bitcoin derivative for clients, confirmed by the CFO, Martin Chavez.

Our sources have been telling us for months that Goldman Sachs were working on a crypto derivative for their Clients, as this was something desperately wanted by high-net-worth Clients of the massive bank. A quiet development of such a product offering would line up perfectly should it be announced within the next month or so, as investment banks move to secure a foothold in the Crypto community.

TAKEAWAY: This is great news. Once confirmed, we will let you all know.

Nvidia Report: Sales Down

Nvidia have reported that, due to the sideways tracking of the Crypto Market, sales for miners have decreased. Despite the heavy FUD right now in the market, this is not as bad as it reads.

Nvidia commented:

“Our revenue outlook had anticipated cryptocurrency-specific products declining to approximately $100 million, while actual crypto-specific product revenue was $18 million. Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward.”

Crypto more popular then stocks: Brazil

Yes, Brazil, not the first place that comes to mind when you think Crypto. At least, not on a surface level.

A year ago, an exchange called Foxbit had roughly 100,000 registered users. Today, it exchanges around 2,000 Bitcoin to and from Brazilian reals daily and has a 36% market share. They also have 400,000 registered users out of the estimated 1.4 million that have opened accounts with them and their three main competitors in less than two years’ time. Compare that to the roughly 600,000 who have stock brokerage accounts and it’s plain to see: Brazilians have discovered cryptocurrency. In 2016, Brazilians moved $160 million in and out of Bitcoin. Last year, it hit around $2.4 billion.

Good news ahead.

Twitter to Ban Crypto Ads

Twitter has moved to ban crypto-related ads, spreading more FUD in the market.

Twitter confirmed the policy change to us, providing the following statement: “We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally.”

NOTE: This is just FUD; it will not last, we fully expect to see these bans reversed by mid-to-late 2018, once the market settles down. Do not panic! This is standard FUD.