It looks like the hopes of a BTC ETF (exchange-traded fund) are not lost. An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds (BTC in this case) and generally operates with a system to keep the asset close to its … Continue reading New Hope with VanEck for BTC ETF
Despite this year’s selloff of virtual currencies ICOs are growing at a record pace. This can mean 2 things for the market. It could be further evidence that the correction we are experiencing is temporary and the belief in the future of currency is still strong. It could also show the lack of understanding the … Continue reading ICOs Continue to Grow at Record Rate
Let us get back in action with an update on the largest cryptocurrency, BTC. Currently sitting at $7560 at time of post with a market cap of $130 billion. BTC has seen many rapid rises and rapid falls over the years which are usually followed by a slow period of consolidation. These are healthy and … Continue reading Where is BTC going?
After the let-down of the BTC ETF this week showing the security exchange commission’s lack of confidence in the currency the steam seemed to be running out. A member of the LOCGlobal team spotted clear technical signs of a reversal in Ethereum and put out the Short position statement to the groups. 24 hours later … Continue reading LOCGlobal ETH Short Hitting Home