EOS is still in its ICO phase and its marketcap is top5; on top of that the project is solid, and its been on a year-long ICO, which means it's probably the most DECENTRALIZED cryptocurrency out there, unlike those PRIVATE and then PUBLIC ICO's. It's lately showing signs of trading irrelevant of market ups and downs, and sometimes even going against it. We...
In April 12th Bitcoin's price shot from 6.8k to 8.1k in less than 10 minutes. I remember waking up, since it was 7 am where I live, looked at the price and was surprised to see a sudden drop from ~7k to ~6.8k. I went to the kitchen and started my coffee, took the dog outside, came back and turned the computer on. It light's up in less than 30 seconds. Cryptowat.ch...
Markets are dominated by psychology, and this can easily be seen in price action when there are either good news or bad news for an asset. The majority might not really care about the news itself, but they will try to predict other people caring, and make their move on this. Some other people will then see a small move in the direction of the news and FOMO into...
We have been in a bear market for a few months now. In a bear market, Pump and Dump schemes are extremely easy to pull off if you are a whale or a bunch of whales. In a bull market, people would instantly buy the dump, leaving whales holding fiat bags and decreasing their position. But in a bear market, when a whale pumps a few % people instantly FOMO into it...