Author: JakeTheCryptoKing

3 Cryptocurrencies Likely to Beat Bitcoin for the Week of April 23

The market has finally turned bullish and there seem to be many diamonds in the rough left for finding. There are many major conferences coming up which is a very positive sign heading into summer. This week has a few specific cryptocurrencies which can yield significant returns in the near future. These cryptocurrencies include ZCL, ARY, and HIRE. State of the Market  The price of BTC is still down over 50 percent since the highs of mid-December. This drop in the price of Bitcoin is less than the correction felt by the majority of cryptocurrencies. This huge drop in...

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3 Altcoins Likely to Outperform Bitcoin for the Week of April 16

This week has been very exciting with altcoins and bitcoin building momentum for a shift in market sentiment and crypto value. December until early April saw one of the largest corrections in Bitcoin’s history and the upcoming few months should present the perfect opportunity for a rebound of the cryptocurrency space. This week is very important for cryptocurrencies such as: Ripple (XRP), Komodo (KMD), and HireMatch (HIRE). For the first time in months, the news coming from the crypto space is very positive. FUD seems to have subsided to a significant degree and the rebound from recent lows seems...

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Bitcoin’s Correction Continues – Is the Floor in Sight?

It seems like every month there is a new regulatory issue impacting Bitcoin in a negative manner. This month, not surprisingly, has seen multiple events that are being portrayed in a negative light, forcing the price of BTC lower. Bitcoin Price Analysis  Bitcoin prices across exchanges have fallen more than 25 percent over the past month. Monday at 9 a.m. BTC was as low as $6705. The price of Bitcoin remains as volatile as ever having fallen more than 6 percent during a two-hour period Monday morning. There are many catalysts allegedly causing this continued Bitcoin price correction. The...

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4 Altcoins With Major Events for Week of April 7, 2018 (IOST, XES, KMD, and PRL)

Each week cryptocurrency traders and investors eagerly analyze the calendar to see which events in the upcoming few days will provide the biggest shifts in momentum for specific altcoins. This week has four altcoins with major events: IOST, XES, KMD, and PRL. State of the Market What goes up must come down, and what goes down will eventually go back up. Markets have trends and these trends are amplified by volatility. For those invested in the cryptocurrency space, it has long been known that the volatility is extreme. What has also been known is that bull and bear trends...

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5 Altcoins with Major Events the week of April 1, 2018 (Gains Likely to Beat Bitcoin Returns!)

This past week has seen Bitcoin and many altcoins fluctuate dramatically. These significant fluctuations can be profited off of by trading or increasing one’s position in the underlying crypto. The upcoming week has major events for five cryptocurrencies: PRL, UKG, EOS, PKB, and BRD. The Market Conditions In December of 2017, Bitcoin was pushing the $20,000 mark with many experts predicting a run much higher. The bull market turned bear and BTC is currently priced at approximately $7,000 per coin. This sixty plus percent retraction has led altcoins to retract even further. Bitcoin’s dominance in the past three months...

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5 Altcoins Likely to Outperform Bitcoin for March 28, 2018 (A Midweek Analysis)

Every week provides a unique opportunity where major events will shape the price and utility of specific cryptocurrencies. This week provides major news events and platform updates to SNOV (Snovio), MTH (Monetha),  NAS (Nebulas), TRX (Tron) and SC (Siacoin). The 5 Alts to Own This Week This week’s coins likely to see significant returns based on upcoming events include: SNOV (Snovio), MTH (Monetha), NAS (Nebulas), TRX (Tron), and SC (Siacoin). [You can check out how the previous analysis and predictions fared here.]  With major platform updates, coin burns, and important announcements the above cryptocurrencies should provide above-average returns when compared to BTC’s price movement in the upcoming few weeks. Each of the events outlined for the above cryptocurrencies should provide publicity and increase the utility of the underlying crypto. Utility in the crypto space equates to value. SNOV, MTH, NAS, TRX, and SC, are all increasing their utility and publicity in the following week making them opportune targets for acquisition. SNOV and MTH are the two cryptos most likely to increase in value due to their upcoming marketplace launches and first product milestones. Snovio – SNOV (Marketplace Launch) SNOV is currently trading at $.025 with a market cap of $10 million. It is likely SNOV sees a Northward trend begin when they release their marketplace and establish utility for their token within the week. SNOV is likely to have a run-up leading to...

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5 Altcoins Likely to Outperform Bitcoin for the Week of March 17, 2018

JakeTheCryptoKing · March 17, 2018 · 11:00 am The cryptocurrency markets are eagerly demonstrating how truly volatile they are. However, their volatility provides unique opportunities to find undervalued coins with major events in the next two weeks. The 5 Altcoins To Beat BTC Returns this Week are SNOV, ZER, MTH, ETH & MTL. Altcoins to Focus On This Week: SNOV, ZER, ETH, MTH, and MTL This week’s altcoins worth shifting immediate focus to all have very exciting upcoming events. The market correction the last week allows for these coins to be attained at a huge discount from their all-time...

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Bitcoin and Crypto Markets Continue Their Slide…But Why?!

JakeTheCryptoKing · March 16, 2018 · 11:00 am Last week was a miserable week for Bitcoin and crypto investors as the markets continued to shed their market cap. This week the bears have continued to win the battle against the bulls pushing the price of BTC and most altcoins further South. Questions remain unanswered, what is causing the drop in the markets? And are positive signs on the horizon? The State of Bitcoin The bulls were stampeding in the final months of 2017. The month of December saw Bitcoin approach $20,000. The following month of January saw a correction...

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A 30% Drop in 5 days…Where Will Bitcoin Price Go from Here?

When financial markets are analyzed Bitcoin price is generally considered the newest and highest risk instrument in the space. BTC even has options and futures traders puzzled with its significant price fluctuations. This week BTC has fallen more than 30% since its high, but why? The Cryptocurrency Markets December saw Bitcoin approach $20,000. January saw a correction of epic proportions concluding in February when BTC dipped under $6,000. February through the beginning of March saw Bitcoin price climb and eventually trend north more heavily following the Chinese New Year. That was until this week where Bitcoin along with almost every altcoin has suffered a significant punishing. However, with FUD comes a major drop in prices providing opportunities all across the market. FUD (Fear, Uncertainty, and Doubt) What causes a collapse in prices in the crypto space more than anything else? FUD! The crypto space is susceptible to FUD to a degree that is unprecedented in most marketplaces. Entire populations move money in and out of crypto based on mainstream news sharing select stories. This week was no different with rumors circulating that Binance was possibly hacked, although they have repeatedly stated all funds are safe. The U.S. government and the SEC publicly stated, “They Are Watching,” companies holding ICOs. One of the largest exchanges in the world possibly having been hacked coupled with the SEC reiterating their involvement in...

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5 Altcoins to Keep an Eye on for the Week of March 10, 2018

This past week has demonstrated how exceptionally volatile the cryptocurrency space is. Not limited to Bitcoin, this week has seen many prices of altcoins collapse providing the perfect opportunity for high returns in the short term. Altcoins Worth Focusing On This Week: HIRE, ZCL, BRD, NEO, and GAS The altcoins worth shifting immediate focus to for the upcoming week are HIRE, ZCL, BRD, NEO, and GAS. These cryptocurrencies have major events, speculation, announcements and presentations in the short term that will dramatically impact their price in a positive manner. Between these five cryptocurrencies, analysis points to the highest short term...

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