Financial Update
"The financial update for the month of August is here."
Validation
Confidence
-
Vote
0
14
Added 12 September 2019
Staking has been a trending theme over the last few years. The high-profile launches Cosmos and Tezos, the rise of staking services, and the noise generated by Ethereum’s long-awaited upgrade have all helped drive the narrative that proof-of-stake (PoS) could be the next evolution of consensus mecha...
Last week, Bitcoin dropped 7.85% as it continued its gentle descent after the failed retest of the prior supporting orderblock around $9750. The price is currently resting on a pivotal level marked by the top of the daily orderblock around $8420, testing it for support.
If this level doesn't hold, a much more significant d...
Last week saw a 17.51% drop in Bitcoin's price as it continues to chop through its range just above the .618 Fibonacci retracement. It's still unclear whether this is a distribution that will lead to a drop, or whether a bull flag is forming to assault 2017's highs.
Meanwhile, the altcoin marketcap continues to stead...
