Is Bitcoin Under or Overvalued? What Fundamental Analysis Tells Us
Bitcoin investors face an uncertain future following mixed reactions to the spot ETF approvals on the one hand, and the upcoming block reward halving on the other. Here we use fundamental analysis to determine if Bitcoin is under or overvalued.
Data Snippet – Bitcoin scarcity and Price value proposition
Bitcoin’s historical data gives us some insights into potential future price projections. But other factors outside of scarcity also affect the price, such as an increase in the supply.
Analysing the current state of Cryptographic Asset Sectors: Payments, Platform and Application tokens
2018 has been a challenging year across digital asset markets. The total market crypto has diminished by a sizable ~85% and sentiment surrounding aspects of the ecosystem like ICO raising, is at all time low. However, the narrative surrounding crypto this year has not been all doom and gloom with a number of individual blockchain sectors introducing innovations that have led to short term fundamental performance improvements, and reasons to invest in the industry long term.
EY study: Initial Coin Offerings (ICOs) The Class of 2017 – one year later
In December 2017, Ernst & Young a global leader in assurance, tax, transaction and advisory services, analyzed the top ICOs that represented 87% ICO funding in 2017. In this study, the firm revisit the same group of companies to analyze the progress and investment return on their ICOs.
Decred Price Analysis: Alterations to blockchain governance
Decred (DCR) provides an intriguing governance & network decision-making alternative to the clunky, informal systems used by traditional PoW powerhouses Bitcoin and Ethereum. The network's hashrate and transaction volumes have improved over the last six months, and despite bearish price movements DCR has not fallen as far from its all-time highs as the majority of other alt-coins
MaidSafe Price Analysis: Can an old dog learn new tricks?
The MaidSafeCoin has been available for trading on third party exchanges since June 2014, making it one of crypto's original innovations. In recent times, it has seen its unique value proposition encroached by multiple competitors with large financial backing, affecting its ability to stand out in the digital asset marketplace. However, with a new consensus model recently released, the project may be primed for a return to the limelight.
Bitcoin Price Analysis – Turning the corner
Network fundamentals have slowly started to turn the corner since April, as the need for network scalability has ebbed since December. Increasing transaction Batching, SegWit adoption, and Lightning Network use all represent improved network efficiency compared to one year ago. The continued rise in hash rate also suggests the network is more secure than ever from attempts at reversing transactions or double-spending coins.
Global And Chinese Digital Currency Industry,2018 Market Research Report
The 'Global and Chinese Digital Currency Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Digital Currency industry with a focus on the Chinese market. The report provides key statistics on the market status of the Digital Currency manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Digital Currency industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
Another crypto bubble and the rise of altcoin markets
The crypto markets seem to be in another bubble, orders of magnitude bigger than the last. However, this time a lot of the money is flowing into altcoins interestingly enough. How this situation will play out and where the market will stabilise at will be a really interesting story to watch unfold - whether Bitcoin will re-capture the market, or will some other crypto take its place.
Distributed Ledgers: Scenarios for the Australian economy over the coming decades
This study contains analysis, interpretation and foresight, created by Data66 in consultation with subject-matter experts, in order to inform government, industry, and the broader Australian community of the plausible implications of Distributed Ledger Technology (DLT). The intended outcome is to provide advance warning of potential challenges, risks and opportunities so that leaders and innovators can make better-informed decisions, including high impact policies, for today, which will impact our future.
Cryptoeconomics is hard: Market Cap
On July 20th, 2016 the market capitalization of [Steem](https://steemit.com/) briefly reached $386M and over subsequent weeks quietly retreated to under $150M. Many other cryptocurrencies followed a similar pattern at one time or another.
Bitcoin Price Analysis – Bullish signals stacking up
The People's Bank of China (PBoC) has been silent regarding anything bitcoin, which may change immediately and abruptly if new All Time Highs (ATH) are reached in CNY terms again. The PBoC may continue with regulations and crackdowns targeting bitcoin.
Bitcoin Price Analysis – SEC in control
Repeated Yuan devaluations recently helped the price of bitcoin break all-time highs on Chinese exchanges. The People's Bank of China (PBoC) monetary policy has likely contributed in several ways, spurring capital flight and safe-haven asset seeking.
Bitcoin Price Analysis – Eye of the storm
We are in the eye of the storm as price moves sideways at these highes. We should see a move in either direction in the coming days. We are currently leaning toward the bullish side as we see price consolidate above support. Fundamentally, things looks great for Bitcoin as the Yuan approaches $7.00USD.
Bitcoin Price Analysis — Bullish consolidation
Price has remained in the long term uptrend and we remain bullish. There may be a pullback in the short term, to $750, before heading back up to new highs, above $850.00. Momentum has been in consolidation and should break out soon.
Bitcoin Price Analysis – The trend is your friend
The larger bitcoin trend remains a bullish week, having touched $750 before closing at $745. The spot price is well within the uptrend channel, the MACD momentum oscillator has printed a bullish divergence pattern, and a cup and handle pattern appears to be forming.