Caleb & Brown

March 5, 2020  ·  5 min

Coincast TV - Episode 8

Coincast TV - Episode 8

Top Cryptocurrencies of the Week - As at Sept 26, 2018

  • Bitcoin (BTC): Bitcoin didn't experience any major movement following (SEC)'s announcement on Thursday 20th that it has begun a formal review process for the physically backed bitcoin ETF proposed by VanEck and SolidX. Many analysts speculated that the order DOES DELAY the ruling, but it moves the timetable up a bit since it came prior to the Sept. 30 deadline.Short volume on BTC have fallen 20% since the announcement. so it looks like the market has is feeling a more positive sentiment.Without any major catalysts in the near horizon, we anticipate a potential for slow upside in quarter 4 with the next milestone resistance at $7400

Caleb and Brown's Spotlight Cryptocurrencies of the Week:

  • MakerDAO (Maker): A Platform generating stablecoins collateralised through smart contracts - Has just received a $15m investment from Venture fund Andreeson Horowitz into the governance token. As stablecoins will play a vital role in the market, our team holds Maker in high regard, as it offers a solution that does not rely on human audit, but provable smart contracts.
  • Litecoin (LTC): Litecoin, reached a significant support level of $50, tested multiple times since October 2017. Speculators looking to re-enter their Litecoin position may start to do so over the coming weeks, as we could be nearing the price bottom.

Watch full episodes, here 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.

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.

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