Dear colleagues and followers,
We would like to sincerely thank you for staying in touch and interacting with our posts. The Osiris team will keep working hard to constantly improve our predictive and trading algorithms to deliver the best results achievable.
Recently, price started a short term upside correction from the $3,295 low against the . The BTC/USD pair traded above the $3,400 resistance and the 100 hourly . Besides, there was a break above the 23.6% Fib retracement level of the last decline from the $3,635 high to $3,295 low. The price succeeded in clearing a major with resistance at $3,400 on the hourly chart. (Source: )
Cryptocurrency gained 17 million “verified users” this year, according to a study published by the Cambridge Centre for Alternative Finance Dec. 12. According to the study, data show that in the first three quarters of 2018 the number of ID-verified cryptocurrency users nearly doubled, climbing from 18 million to 35 million.According to a Bloomberg analysis of the study, the growth of the user base this year while crypto markets decline “could signal that an eventual recovery could be coming.” The analysis further notes that “most users are likely still speculators and long-term investors.” In terms of breaking down who is investing in crypto, the Cambridge research team also claims that the data “indicates that the majority of users — both established as well as new entrants — are individuals and not business clients.” Those individuals, the document explains, could be “hobbyist retail investors, consumers, or users seeking a better investment or payment alternative.” (Source: )
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: BTC/USD
High: 3550.06
Low: 3437.05
Close: 3550.06
It has been more than three weeks since the notable Cash hard fork, which has resulted in two rival chains, and . The respective coin prices have relatively stabilised, and the reactions to relative hash rates is not as pronounced as it used to be historically, with and now responding to the overall market movements to the greater extent than they do to idiosyncratic coin-related technical news. is currently in the lead again with single block advantage. and coins are traded at $97 and $85, respectively, the latter taking a greater hit today. The trading patterns for both coins have been maturing slowly, which implies both lower and lower growth potential. As for now, the chain has a substantial advantage in terms of hash power (64%), however the chain is still controlling 55% of the network’s nodes (Sources: , ). The mining profitability of has remained quite low for a week now, 27.6% below the original chain. mining profitability is somewhat stable now being 3.2% higher than that of the chain (a 31% advantage compared to the rival chain). miner concentration has slightly dropped today, still remaining above historical averages however has generated over 32% of the chain’s blocks, followed by .com with 26.39%. is continuing to attract occasional mining from Waterhole, Prohashing, DPool, Copernicus, P2Pool, Multipool and okminer, the first six pools now consistently mining at least one block every day (Sources: , ). Regarding the chain, the mining activities continue to be dominated by SVPool, Coingeek and BMG Pool, with Mempool dropping out of radar again with less than 5% today. The Osiris team might reconsider its profile for in the nearest future, still opting however to hold the coin as for now.
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Published at Thu, 13 Dec 2018 18:09:36 +0000
