Blockchain
October 30, 2018

Coincast TV - Episode 12

Caleb and Brown is proud to sponsor "Top Cryptocurrencies of the Week" segment of Coincast TV, a show that promises to bring education, up to date market information and the latest news from the Cryptocurrency world to mainstream investors.
5 min

Top Cryptocurrencies of the Week - As at Oct 25, 2018

Bitcoin (BTC)

This week, Bitcoin's short volume has been sitting 50% greater than longs demonstrating negative market sentiment as many people are expecting a drop while those playing the long game are expecting the price to go up. But market overexposure to shorts could spell susceptibility to a short squeeze that may create a rapid price rally.

  • In this segment, I'd like to highlight a number of key dates in the coming months. Firstly, Bakkt Futures exchange is expected to launch on December 12, more on this later.
  • Futures are a market-rationalizing force, and it's possible the media attention are this event may disrupt the very speculative crypto market as we near the trading launch date. An example of this was during Bitcoin's 2017 bubble as the CBOE Futures launched.
  • On the other hand, ETFs generally provide long exposure to an asset class and developments continue as the SEC's next decision date for the SolidX VanEck ETF is set for late December. However, given the SEC's previous track record, the decision could be postponed until February next year.

Caleb and Brown's Spotlight Cryptocurrency of the Week:

Monero (XMR)

This top privacy coin successfully performed its cryptography update named Bulletproofs. The update improves Monero scalability, dropping transaction fees by 95%, down to an average cost of only 2 cents.As the cryptocurrency industry develops, the need for private transactions in public blockchains will find demand from employee salaries and business-related payments.

If you've been following our segment all season, you can find a summary of our portfolio's performance published on Coincast News and Multiplier - Crypto Business News - Here

Coincast TV
Top Cryptocurrencies Performance Summary Coincast TV | Season 1

Watch full episodes, here www.coincasttv.com Caleb and Brown is proud to sponsor "Top Cryptocurrencies of the Week" segment of Coincast TV, a show that promises to bring education, up to date market information and the latest news from the Cryptocurrency world to mainstream investors. It furthers our commitment to helping bridge the gap between traditional investors and the cryptocurrency markets. Broadcasted on Sky News Business and syndicated across Apple TV, The Wall St Journal and related social platforms, reaching an audience of almost 200 million viewers worldwide.

Coincast TV

The show will air weekly on Sky News Business in Australia at 7.30pm (EST) on Friday evenings, with several repeat episodes over the weekend.