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This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary After initial weakness due to uncertainty surrounding the...
Altcoins like Bitcoin Cash and Ethereum are ripping today as buying seems to widen in the cryptocurrency space. Ethereum (ETHUSD) is up more than 5 percent in the last 24 hours, while Bitcoin Cash (BCHUSD) has advanced 11 percent. ETHUSD is the world's second-biggest...
This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) broke above $9,000 as the spread of coronavirus...
Market sentiment has turned quickly as the deadly coronavirus spreads in China. Let's consider some key things to know as a new week begins. Stocks Were Potentially Due for a Pullback The S&P 500 had a big rally before the disease appeared. In the 15-week period...
This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) surrendered some gains after briefly surpassing...
This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) surged more than 10 percent for the second...
Stocks began the new decade on a strong note as investors stuck with technology despite saber-rattling in the Middle East. The S&P 500 rose 0.9 percent between Friday, January 3, and Friday, January 10. It was the first full week of 2020 and the 12th positive week...
This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) had its biggest weekly gain since August as...
Bitcoin may be trying to bounce before a potentially major catalyst in 2020. The world's top cryptocurrency formed a bullish "outside day" on December 18. That's when price makes a lower low and a higher high. Technical analysts view it as a reversal pattern that may...