“A respected crypto strategist says that a breakout rally is in sight for leading smart contract platform Ethereum”–Paul Ebeling
Crypto analyst known in the industry as Kaleo tells his 531,000 Twitter followers that Ethereum has broken out of its diagonal resistance against Bitcoin (ETH/BTC), and the pair looks primed for a new leg North.
“ETH/BTC looks ready to finally rip higher… This is bullish.”
At time of writing, the ETH/BTC pair is trading for 0.073 BTC ($1,675).
Knightsbridge monitors cryptocurrencies as regulations and technology evolve. While some traders have made money on the change in price of Bitcoin or other cryptocurrencies, most investors continue to treat them as a speculative asset primarily for trading with money outside a traditional long-term portfolio.
The Knights Platform is an electronic network that links the trading floors of every relevant Crypto Exchange
Market participants, Brokers and market makers can take a price on any of the linked exchanges to find and execute the best price available. Eventually, as they are on boarded, a broker on the floor of one exchange could directly place an order through Knights rather than going through a broker on another exchange.
A tip of my hat to sovereign individuals with satoshis and Bitcoin in cold storage with our firm. Click here
Have a prosperous week, Keep the Faith!