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April 21: Essential Oil No More

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off

Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off

Bitcoin’s dominance has reached a new high, and BTC’s dominance has not had much rejection so far.

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Anthony Pompliano, the founder of Morgan Creek Digital said that JP Morgan’s valuation of Bitcoin at $146,000 is still conservative.

Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?

Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?

For the first time in over six months, Bitcoin’s acceptance has been below key support. Yesterday, the prices plummeted below a four-month low of $7800 and this phase of price volatility lingers.

Bloomberg Analysts: Bitcoin Demand Supports $55,000 BTC Price and $1T Market Cap by 2022

Bloomberg Analysts: Bitcoin Demand Supports $55,000 BTC Price and $1T Market Cap by 2022

Bloomberg's latest crypto outlook predicts the Bitcoin price will continue to advance into 2021 reaching a $50,000 target resistance, implying about a $1 trillion market cap.

Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000

Why Bitcoin’s Bull Run Is More Sustainable This Time Around, BTC Clears $50K and Eyes $60,000

Bitcoin has surged to new highs and has cleared the psychological barrier of $50,000 successfully.

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.

Mike Novogratz says Bitcoin Volatility Will "Smooth Out" Due to One Major Factor

Mike Novogratz says Bitcoin Volatility Will "Smooth Out" Due to One Major Factor

Bitcoin reached over $19,000 recently, and has set a new high for the year, and Bitcoin bull and Mike Novogratz recently said that “Bitcoin is for everyone.”

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,

Volatility Rocks The Market as Altcoins Ignite Following Bitcoin’s New All-Time High Price Rally

Volatility Rocks The Market as Altcoins Ignite Following Bitcoin’s New All-Time High Price Rally

As Bitcoin surges above $22,000 to an all-time high record, the altcoins also saw gains but the market is currently characterized by extreme volatility.

OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility

OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility

Cryptocurrency exchange OKEx announced that it is adding two new services to its platform. The Malta-based exchange launched its ETH (Ether) options contracts on June 4. The exchange also announced that it will launch the EOS/USD options on June 18. The company also stated that they have placed 1000 Ether in the Ether options insurance funds to prevent any possible clawback. The exchange is one of the largest cryptocurrency trading and derivative platforms.

Bitcoin is Showing Great Resilience Considering the Surging 10-Year Treasury Yield

Bitcoin is Showing Great Resilience Considering the Surging 10-Year Treasury Yield

Crypto analyst and investor Joseph Young has disclosed that BTC is showing considerable resilience despite unfriendly market forces like the surging 10-year treasury yield.

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