By Nicolas Abington | Crescent City Capital Market Analyst Intern In October, I wrote an article introducing the idea that there was an inverse correlation between stock market climate and cryptocurrency price performance. Recently the stock market has experienced one of the most relieving pieces of news that it’s had all year. Trade discussions with […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern While traders have their focus drawn on the price, it’s important to realize that adoption is the real key to future positive investments. Some countries are making that process easier than others but some of the most unsung heroes of the movement are spread throughout […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern As XRP had an amazing winter this time last year, the third most invested token on the market has taken some serious pitfalls since. In November of 2018 XRP was trading at approximately .5 XRP/USD and has since dropped to less than half of that […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Tezos has just entered the USD exchange market by being the new staking token on Coinbase. While Coinbase first added its staking wallet back in March of this year, the exchange had trouble implementing it into their apps and had to delay the process until […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Stellar Lumens (XLM) just received a 20% increase in price following a supply burn of  52.3% or removal of 55 billion stellar lumens from the tradeable market. The Stellar Development Foundation decided that cutting their supply would help them achieve their goals of mass adoption […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern  China’s leader Xi Jinping recently made announcements about his support of blockchain technologies being implemented into financial services and markets. With 1.38 billion people and rising, support for blockchain by the Chinese government has been a long-awaited event in the crypto community as an opportunity […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern As we experience a recent downward trend for the crypto market, it’s essential to keep positive so we can take advantage of the discount on some of the most popular coins. To help fuel this sentiment, I have decided to conduct some analysis of what […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern One of the biggest dates in crypto is coming up in less than seven months, the Bitcoin halving. For those reading that don’t know what that necessarily means, Bitcoin essentially distributes supply like a heartbeat. At the moment, ₿12.5 are distributed to the market place […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Bitcoin and Ethereum have been the leading cryptocurrencies since the early stages of the emergence of the concept. Due to their notoriety between the two coins as the face of the industry, their prices have predictably fluctuated in tandem with each other. As the coins […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Recently we’ve been able to see a trend involving the inverse relationship between crypto investment and stock prices. Recently the DOW Jones Industrial Index took an 840 point (-3.14%) drop over the course of two trading days. During that same period, crypto prices either remained […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern If you’ve been paying attention to the crypto markets for the past couple of days then you’ve been seeing nothing but red. While these fluctuations in price are somewhat regular, it’s important to note the trend that occurs around Bitcoin’s price changes.With the slow launch […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Bitcoin’s average monthly volume has reached a surprising low in the past month as its daily volume has sunk to two-year lows. As you can see by the graphs in Exhibits 1 and 2, Bitcoin volume has been on a decline this past month involving […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Low Volatility According to calculations by Blockforce capital, Bitcoin’s price volatility has recently reached a 4 month low of 53.3%. For clarification on the calculation, volatility is being measured by multiplying the asset’s standard deviation, in this case, Bitcoin’s standard deviation, by the number of […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Low Volatility According to calculations by Blockforce capital, Bitcoin’s price volatility has recently reached a 4 month low of 53.3%. For clarification on the calculation, volatility is being measured by multiplying the asset’s standard deviation, in this case, Bitcoin’s standard deviation, by the number of […]

By Nicolas Abington | Crescent City Capital Market Analyst Intern Bitcoin dominance hits 26 month high as it achieves 71% of Crypto market capitalization, a bullish signal that was last seen when bitcoin prices were approximately $1290 per ₿1.Bitcoin has been on a steady increase in dominance since it broke a previous barrier of 69% […]

By Crescent City Capital Team In the broader cryptocurrency complex, the story continues to be one of widening spreads.  The relative value of Bitcoin (BTCUSD) versus its two primary alternative counterparts, Litecoin (LTCUSD) and Ether (ETHUSD) has widened significantly over the last several months.  We first noted this trade in late July, and it has […]

By Jing Zhu | Crescent City Capital Market Analyst Intern Chinese Yuan Falls[1] Last Monday, China let the value of the yuan drop sending the currency above 7 CNH per USD. This decade-low marked a significant point in the US-China Trade War, resulting in a tumultuous stock market and a spike in US government bonds. Investors fear […]

By Jing Zhu| Crescent City Capital Market Analyst Intern Bitcoin Needs Weekly Close Above $12,000[1] Compared to last week, Bitcoin price has definitely made a short-term recovery. It is currently trading at $11,615. However, it needs to close above $12,000 this week if traders want to revive the bullish momentum. The repeated failure to do so […]

By Jing Zhu (with aid from Hunter Metcalf)| Crescent City Capital Market Analyst Intern Price Spread of ETH BTC  Price spread ratios between Ether-Bitcoin (ETH BTC) and Litecoin-Bitcoin (LTC BTC) have been trading at historical lows throughout July. Especially for ETH BTC, the spreads moved to a new all-time low of 0.0197. This price is well below […]

By Jing Zhu | Crescent City Capital Market Analyst Intern Wednesday, Bitcoin price dropped to $9,049 before coming back up to $9,850 today. The price is currently struggling to break resistance at $10,000. On the 4-hour chart, candles with long wicks indicate that Bitcoin’s recovery is slowing down. If price breaks below $9580 (the low of the […]