Market capitalization, the market capitalization of a cryptocurrency or digital asset, is a fundamental metric of the stability and health of a digital asset. Market capitalization is derived from the market price of a particular asset over an extended period. This metric gives a sense of the stability, sustainability, and value of a digital asset.
A key technical analysis tool for understanding crypto markets is the Relative Strength Index (RSI) which measures the market strength of a digital asset over a given timeframe against the same asset’s historical trading range. RSI is a proprietary technical analysis tool that can be accessed via an app. The RSI is calculated from a series of daily time series of prices of a single asset versus its historical price ranges. The RSI can be generated from any series of digital asset prices with a given number of days of data spanning a defined horizon.
The RSI is the main index for assessing the technical health of a cryptocurrency and its competitors.
Cryptocurrencies are traded and used in ways that have not been possible and/or traditional financial institutions can not currently track. RSI, which measures the risk that a particular asset holds against its peers, is widely used for the evaluation of the overall health and sustainability of cryptocurrencies.
A market with a high RSI has a high relative market strength. A high RSI means a digital asset’s current price is oversold, compared to the asset’s historical trading range. Thus, a digital asset that has a high RSI and low trading range has a high risk of being oversold.
RSI is a complex technical analysis tool that does not consider the nature of the cryptocurrency itself. Thus, a digital asset with a high RSI and high market price also has a high probability of being a security. This concept is known as the Black Swann Risk metric.
Cryptocurrency markets have seen a sharp shift in RSI values since Aug. The RSI of all cryptocurrencies peaked in August 2017 at approximately 20. It has since declined to 15. 30 as of Nov.
Coinbase – Valuation surges in the first public listing of a major crypto company.
How to Invest in Coinbase is a little like opening a Pandora’s box. You have to find all of the right ingredients in one place before everything can fit, but once you do, it starts to transform the way you look at digital currency and tech. It’s a little bit like trying to find a diamond in a mine field. It took me several tries before I discovered the diamond, but finally, when I did, it felt right — all the right things. Bitcoin, the first thing you will be interested in seeing is its launch date. Today, the company is launching with an ICO (Initial Coin Offering) that will take place March 30th. It will be the third Bitcoin and blockchain company to go live with an ICO. The first two are Stellar and Cardano. All of the Bitcoin, blockchain and cryptocurrency companies I’ve talked to in the past week are excited to see Coinbase debut publicly with a coin (token) sale. And a coin sale is no small thing to do. There are about 2 billion coins in circulation, and people have spent over $3 billion on ICOs in 2018 alone. That’s a fair amount of money, and we are talking about a company that doesn’t have its own currency yet. And so it makes sense that a company this size would want to get into the markets at a time when we are so concerned about a digital currency losing value and the value of the currency changing due to political turmoil and economic turmoil. This is the first-ever public listing of a major cryptocurrency company. That’s one thing that sets it apart from most of the other coins, where they don’t reveal their identity until a few months later. With Coinbase, the people who own the company or control the company know exactly who it is and can easily verify its identity. For the first time, we are going to get an answer to that question. Today, I will tell you which coin is the best to invest in right now right after you take a look at what Coinbase is selling. The coin I am going to pick is bitcoin.
The Treasury Department is building a new team to oversee Pandemic Relief and Recovery.
“The Treasury Department has established a new team to oversee economic relief related to the coronavirus (COVID-19) outbreak,” a department spokesperson shared at a press briefing on Wednesday.
The Treasury Department has set up a dedicated position to oversee economic relief related to the coronavirus (COVID-19), the Department of the Treasury’s spokesperson said in a written statement sent to CoinDesk.
The Treasury Department is in the process of building a new team specifically to oversee economic relief, according to the spokesperson. The new team will be made up of experts from the White House Office of Management and Budget, the Treasury Department and the Department of Health and Human Services, according to the spokesperson.
The spokesperson said the new team will be responsible for assisting the Treasury Department’s existing relief efforts in the event of a major emergency.
The spokesperson did not respond to our request for further clarification. However, the plan states that the Treasury Department will “help ensure that the pandemic relief plan is aligned with federal law and will support essential government operations.
The plan also states that “the Treasury Department will review and consider proposals to expand and strengthen its pandemic relief fund, including the establishment of an emergency fund.
The spokesperson did not respond to our inquiries regarding the Treasury’s role in the pandemic relief effort other than to say it will be “a team of experts who will work with the Treasury Department’s policy and program staff, to make all recommendations and oversee all relevant activities.
In a statement sent to CoinDesk, the White House Office of Management and Budget did not respond to our request for further explanation.
The White House Office of Management and Budget spokesperson also did not respond to CoinDesk’s requests for further clarification.
During the coronavirus pandemic, the Treasury Department is working hard to ensure that the Department’s Pandemic Relief and Recovery program supports the essential government operations it supports. This is important because pandemic relief programs are meant to be temporary and essential to meet the needs of the most vulnerable Americans.
The first woman to lead CBS News, Susan Zirinsky.
| The first woman to lead CBS News, Susan Zirinsky. | Cryptocurrency.
We should all have it on speed dial. Susan Zirinsky, the first woman to lead a broadcast network, is poised to become the first woman or woman-in-charge of CBS News.
A decade ago, Zirinsky, who is a producer and former executive vice president of the Corporation For Public Broadcasting, was working at the NPR and PBS Corporation, where she served from April 2013 to February 2016. Now it appears she will also be joining CBS News as the executive vice president of news, a job that seems especially suited for her as a woman — she’s a mom and a single mom — and a native of the Bay Area.
Before becoming a full-time employee at CBS, in 2006 she was president of the Consortium for Women in Television, where she oversaw all aspects of the TV industry, including the development of CBS’s Emmy Award-winning “The Good Wife.
She also managed CBS and its affiliates for its first 30 years. In addition to overseeing TV, radio and digital channels, she ran the network’s digital arm, CBS News Now. She was named a vice chairman of the Corporation For Public Broadcasting in 2013, and she became president of the Corporation in 2017. CBS News is one of the three public broadcasting institutions in the U. as well as one of the oldest, having been launched in 1919.
Zirinsky has received numerous awards for her work there, as well, including a prestigious Peabody Award in 2016.
It’s been awhile since anyone has ever made the CBS board more comfortable with the notion of women in the business. But a little over a year into her new job, CBS News has moved to recognize that it’s time to move beyond the usual glass ceiling.
I’ve worked as the Executive Vice President of CBS News for 19 years. It was a very long time before I had a title. But it’s been a long time, but I am very happy to be coming to CBS News and have a very long career going forward in the news business.
Tips of the Day in Cryptocurrency
Monero is a privacy-focused cryptocurrency. Unlike other altcoins such as Dash, Ripple, or Zcash, Monero does not use blockchains for authentication, and only uses what is called the “tapeout” method for privacy. Instead, it uses an open-source protocol that allows for more anonymity and therefore privacy, as well as an ability to “fork” the coin into multiple coins with different characteristics. So in a sense, Monero is a fork of Bitcoin.
Some of the coins have an underlying blockchain. For example, Tether has a Bitcoin blockchain underneath it, and DigiCash is a Tether-mining cryptocurrency, whose main blockchain is used for transaction processing. DigiCash is the third-largest coin after Bitcoin and Monero.
Monero was initially created as a fork of Bitcoin, and is now the fourth cryptocurrency to be created in the past few months. It’s now up to 20,000 coins, making it the largest cryptocurrency in the world. That’s impressive to say the least.
Spread the loveMarket capitalization, the market capitalization of a cryptocurrency or digital asset, is a fundamental metric of the stability and health of a digital asset. Market capitalization is derived from the market price of a particular asset over an extended period. This metric gives a sense of the stability, sustainability, and value of a…
