• Crypto Bulls Get a Green Light on Potential Year-End Rally

    5 monthes ago - By Fortune

    The cryptocurrency world is stirring.
    A technical indicator for an index tracking some of the largest digital currencies suggests the crypto industry could be poised to break out of its recent malaise and rally at year end.
    The MACD, or moving average convergence divergence, gauge for the Bloomberg Galaxy Crypto Index entered its first positive divergence in a month. The move corresponds with an upward trend in Bitcoin, which makes up around 30 percent of the fund. Bitcoin is up for the seventh-straight day and is at its highest level in two weeks, hovering around $6,500.
    Long-term trend...
    Read more ...