Crypto market forecast: January 13th
The crypto markets enjoyed a strong week of bullish trading activity creating new optimism for the new week ahead. CME markets launch their new Bitcoin options this week and there are signs it will have a more successful launch than similar institutional crypto product launches in 2019.
Crypto Market Forecast: 6th January
Volatility returned to the crypto markets this week. The BTC price bounced strongly over the weekend jumping by over US$500 in value after 5 days of bearish price activity. It was also a good week for blockchain fundamentals as segwit usage on Bitcoin hit an all time high and Monero's privacy abilities were publicly endorsed by a Europol analyst.
Crypto Market Forecast: 30th December
It was a quiet week in crypto markets with BTC only moving by a few percentage points. In the week ahead, leading platform blockchain Ethereum begins the year with a network wide upgrade and the Poloniex exchange continues with an extended zero-fee trading promotion.
Crypto market forecast: 23rd December
It was a mixed trading week in the crypto markets with BTC enjoying healthy gains against a red week of trading in the altcoin markets. In wider crypto news, Blockchain financial services giant Ripple announced a successful series C funding round of US$200 million, putting the valuation of the company at US$10 billion.
Crypto Market Forecast: 16th December
The crypto markets continued to grind downwards last week. Market benchmark BTC slid towards the $7000 price level to close the week 6% down. Meanwhile, prime brokerage firm Tagomi announced reduced fees for institutional crypto traders, and Russia's biggest darknet marketplace announced a $146 million ICO.
Crypto Market forecast: 9th December
The crypto markets were range-bound last week with most major digital assets moving by a few percentage points only. On the 8th of December Ethereum, the leading platform blockchain, successfully launched the pre-planned Istanbul hard fork to improve interoperability, transaction speeds, and gas costs.
Crypto Market forecast: 2nd December
The crypto markets were steady this week following large sell-offs earlier in November. The price of market benchmark, Bitcoin, rose by 4%. The week's major news story was the hack of popular South Korean exchange UPbit where ~US$50 million of ETH was stolen.
Crypto Market forecast: 25th November
The crypto markets continued to grind down this week. The price of market benchmark, Bitcoin, fell by almost 20% following an announcement from the PBoC stating that the Chinese government remains opposed to the risks around cryptocurrency investment. Another factor in the bearish price action is the apparent market exit of a number of private mining operations.
Crypto Market Forecast: 18th November
While U.S. stock prices hit new all-time-highs, the crypto asset markets slumped to end the week in the red. In the week ahead, two major Ethereum projects, MakerDAO and 0x, will undergo major upgrades that will fundamentally change the way each network operates.
Crypto Market Forecast: 11th November
It was a mixed week in the crypto markets. Market benchmark BTC was down slightly, but altcoins such as XLM and XTZ enjoyed healthy gains. The ever-evolving Chinese government blockchain policy was a major story this week. New reports suggest that the country's miners are safe from regulators for the time being.
Crypto market forecast: 26th August
Macroeconomic factors likely a significant driver of Bitcoin price for the remainder of 2019.
Crypto market forecast: 19th August
A challenging week for crypto ended with BTC and most other digital assets trading heavily red. A silver lining appeared towards the end of the week, however, with full confirmation and regulatory approval for the BAKKT futures trading and custody platform - an announcement which helped markets recover some mid-week losses.
Crypto market forecast: 12th August
In another good week for BTC, Bitcoin's dominance of the total crypto market cap increased to 68%, the highest level since April 2017. Alts continue to falter against BTC, with the market viewing altcoins as risky investments, and turning instead to the safe haven of Bitcoin.
Crypto market forecast: 5th August
A bullish week for the crypto markets ended with Bitcoin up nearly 20%, enjoying a wave of macro driven buying pressure. With global macro markets affected by trade tensions and policy uncertainty, BTC's value as a hedge against macro-uncertainty was apparent in the last week.
Crypto market forecast: 22nd July
A positive week for crypto trading was highlighted by a mid-to-late week pickup in prices and an endorsement of Bitcoin as an 'unstoppable force' by a US politician. A neutral weekly close for BTC/USD points towards an uncertain market and volatility in the week ahead.
Crypto market forecast: 15th July
A bearish week for Bitcoin ended with the majority of the crypto market suffering double digit trading losses. Aside from price action, tweets about Bitcoin and crypto from US President Donald Trump led to an inevitable wave of responses and opinions on crypto social media.
