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May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...

May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...

What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.

May 13: ALT Coins Give You Wings

May 13: ALT Coins Give You Wings

Trade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.

Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000

Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000

After the roller coaster ride of Bitcoin early this morning, veteran market trader Peter Brandt comes out with a bold statement saying that Bitcoin price may go even down to as low as $1000.

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.

Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader

Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader

Crypto trader Credible Crypto believes Bitcoin bulls have a task at hand of putting a shield at the $50,000 to $52,000 price level because failure to which a journey towards $40,000 might be unavoidable

Why Did John McAfee Abandon His Ghost Privacy Coin Project?

Why Did John McAfee Abandon His Ghost Privacy Coin Project?

Crypto advocate and technology pioneer John McAfee recently announced on Twitter that he has abandoned his Ghost privacy coin project.

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.

US Election 2020: Can I Change My Vote?

US Election 2020: Can I Change My Vote?

The United States 2020 election day approaches, and a large number of US citizens have already cast their votes, but what if they wanted to change their votes before Nov. 3?

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.

Reasons Behind the Success of the Binance Coin

Reasons Behind the Success of the Binance Coin

Since the beginning of 2019, Binance Coin (BNB) has been at the top of the list of popular cryptocurrencies, increasing in price by more than 200% in three months. This year, the token exceeded the performance of bitcoins (38.9%), Ethereum (30.7%), Litecoin (187.8%) and almost all other cryptocurrencies.

May 31: Everyone Wants to be the Broker in Crypto

May 31: Everyone Wants to be the Broker in Crypto

BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?

When China Yuan Sneezes, Bitcoin Wears a Mask

When China Yuan Sneezes, Bitcoin Wears a Mask

My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.

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