BTC broke below the 50 MA in the daily chart which is an indication that BTC is moving closer to a bearish scenario; if price action doesn't pick up with decent volume from buyers. The current resistance would now be around 8,500. If momentum picks up, this break of 50 MA would be a possible overshoot for a bounce. Otherwise, BTC is likely to head ...
  An open letter from the Senior with 2020 Hindsight  I came of age at a time when computers occupied an entire room and the hope of ever owning one was out of the question. Eventually, times changed and as they become smaller and more affordable, it allowed a few of us back in 1971 the chance to buy a KENBAK-1 for $750.00 ...
This week, we are launching our revamped site which we believe is more user friendly and which we know is even more privacy friendly than ever before. A lot of our design changes are at the backend but the net impact is to ensure that we get our articles and features out to you in a more timely and digestible fashion.We have also upgraded our conte...
In our second edition of "21 Questions by Decentralize Today", we feature Knut Svanholm, author of Bitcoin Sovereignty Through Mathematics. This thought-provoking and informative book will help you understand Bitcoin on a much deeper level, great for beginners and experienced Bitcoiners alike. "The more you think about it, the more t...
Crypto's best secrets kept?Whilst some may consider Bitcoin a haven for criminals and for those who are generally up to no good, the advent of privacy coins has raised the hackles of many observers and people critical of cryptocurrencies. But hey, what's wrong with wanting to protect your data and maintain your anonymity online? It doesn't mean tha...
Bitcoin was able to close the weekly candle (Oct 21) with a pump from a low of $7,300 to a high of $10,370. The 3rd largest single day move in Bitcoin's history, fueled by the Chinese President announcing support for Blockchain initiatives. The last time it moved this way, Bitcoin was worth less than $10. The move was not obvious in the d...
After several tests and retests of the support at $7,700, Bitcoin finally broke down and is now trading at around $7,450. Bears have firmly taken control of price action and may look for even more room at the bottom as shorts continue to pile up. Technical indicators all show bearish momentum, with RSI barely avoiding oversold levels, long-ter...
Bitcoin continues to move sideways after a few days since the infamous pump near $10,400 that closed with a wick. In the daily chart, levels remain the same with "resistance-turned-support" around 8,800 and resistance around $9,900 - $10,300. Intraday 4H chart provides a closer look of the price action, support sits around $8,800 and immediate...
Bitcoin remains sideways in the daily chart. Meanwhile the intraday chart saw some action as price tried to reach around $9,500 but was rejected. Support is around $8,800 - $9,000 and resistance is around $10,000 - $10,500. Global market cap is at $250B, while BTC's market cap is at $168B. * A study by University of Texas professor John G...
​A Tweetstorm Series featuring Yan Pritzker, Author of "Inventing Bitcoin".As part of an on-going Tweetstorm Series, we showcase excellent Twitter threads on the most interesting topics in the industry and publish them here on Decentralize.Today.Today's topic is Bitcoin Mining.Bitcoin mining is easily the most important component of the Bitcoin pro...
As part of an on-going Tweetstorm Series, we showcase excellent Twitter threads on the most interesting topics in the industry and publish them here in blog format for easier consumption and sharing beyond twitter.Today, we feature Nic Carter, Partner at Castle Island Ventures and Cofounder of Coinmetrics.io, a provider of ...
As part of an on-going Tweetstorm Series, we showcase excellent Twitter threads on the most interesting topics in the industry and publish them here in blog format for easier consumption and sharing beyond twitter.Today, we feature Yassine Elmandjra and his analysis of the implications of Bitcoin based on the book "The Sovereign Individual".  ...
Bitcoin's weekly support around $7,700+ is still holding as of this time. In the daily chart, Bitcoin remained sideways and will likely to remain within its current range if momentum doesn't pick up. If price picks up with significant strength from bulls, retest of its current resistance is possible.  Otherwise, a breakdown from support i...
Bitcoin closed red at $8,000 yesterday. Now it's back below again as of this time. The current range in the daily chart seems to hold well. Intraday price action in the 4H chart; price is back below the 50 MA and looks like an MA crossover is imminent. Now it's just a matter of time before either of the bulls or bears take control of...
Not much has been going on with Bitcoin as it remains in a range in the daily chart. This kind of price action would be best capitalized by traders who are more inclined to ranging markets. A retest/break of the resistance around 8,500 - 8,700 and price hold above 50 MA in the daily chart is a good indication that bulls still have strength lef...
Three Million To Go!Not much has been going on with BTC the past few days due to sideways price action but direction is still bleak and likely to go down further if bulls are not able to reclaim levels as it approaches the support in the daily chart. 4H chart also continues to form series of lower highs and lower lows as of this time. Immediate res...
​As we near the end of 2019, we are seeing yet another rise in Bitcoin's price, and therefore, more attention once again. Bitcoin went from $3,200 to now $8,400 as of this writing in the last 10 months. For us who have been in the industry since the early days, the questions have always been the same, but this time they are happening...
Op-Ed: The case for the defense​ The all-mighty premiseI think by now we have all seen the headlines which suggest that cryptocurrencies are used by criminals to hide their activities. The naive implication then being that all cryptos are bad and should be banned. Needless to say, this is the line trotted out on a regular basis by a mixed cast of s...
It's a plight witness how the cryptocurrencies are blending with the investment and the banking industry. Every other person in the industry is having some or the other opinion about this buzz word. But in reality, one just simply can't deny the fact that the crypto market is highly prone to risks, given the ...
There is no rocket science to acknowledge the fact that the cryptocurrency market has been on trend for quite some time now and it seems that the hype is not going to go anywhere anytime soon. The main reason behind the hype was the massive price rise of Bitcoin in late 2017. Everybody on the internet, as well as all the traders...