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Bitcoin Breaks $4,000 Barrier

Welcome to the 34th issue of the QUANTAMIZE WEEKLY CRYPTO RECAP, your weekly roundup of all the crypt


February 22 · Issue #34 · View online
Quantamize Cryptocurrency Weekly Recap

Welcome to the 34th issue of the QUANTAMIZE WEEKLY CRYPTO RECAP, your weekly roundup of all the crypto news you need to know. At Quantamize, we are seeking to level the playing field for individual investors with AI-powered Multi-Factor models across multiple asset classes, including Cryptocurrencies. If you have any feedback on this weekly report please send us a note at

Every day at Quantamize, we track the top stories that affect cryptocurrencies and the emerging blockchain ecosystem. At the end of the week, we review all the news to give you a clear picture of what was most important.

Quantamize Weekly Crypto Recap
Quantamize - Weekly Crypto Review February 22, 2019
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The Week in Review
Cryptocurrencies rallied steadily through the last 7 days and are poised to post their best trading week of 2019 as the broad market added USD$13.9bn in market capitalization. The price of Bitcoin (BTC) has appreciated more than 10% since last Friday’s end of day to trade just below the USD$4,000 price level – early Friday morning, the price of BTC briefly traded above USD$4,000/coin. EOS was the top performer among major cryptocurrencies this week, soaring 37% since last Friday’s end of day to USD$3.96.  

In cryptocurrency news this week, CoinDesk reportedly obtained documents indicating that crypto venture firm Pantera Capital’s most recent fund, set to close in March, has raised USD$125mm thus far. In August 2018, however, CNBC reported that the fund had already raised USD$100mm, implying that Pantera Capital has raised just USD$25mm over the last 6 months. Also this week in crypto news, Brian Quintenz, a commissioner at the US Commodity and Futures Commission (CFTC), suggested the creation of a self-regulating crypto industry group in the US. Finally, a Samsung press release details that the soon-to-be-released Galaxy S10 smartphone will include a storage feature for private cryptocurrency keys, along with other crypto-oriented features.  
Of the 30 cryptocurrencies we model using AI and Machine Learning, 30 are positive for the week. Currently, 10 cryptocurrencies modeled by our Machine Learning algorithms are rated as “Buy”. Nearly all of these models have accuracy scores above 60%!

If you’re a cryptocurrency trader, Quantamize’s AI Machine Learning 3-Day Crypto Trading Signals were updated twice this week, most recently today. We model 30 cryptocurrencies and produce directional “Buy”/“Do Not Own” trading signals that help cryptocurrency traders navigate the crypto markets over the short term. You can find a screenshot of our Crypto Signals below. A few highlights include:

  • Bitcoin (BTC) –Buy with an accuracy rate of 62.79%
  • Bitcoin Cash (BCH) – Buy with an accuracy rate of 67.88%
  • EOS (EOS) - Do Not Own with an accuracy rate of 61.30%
  • Ethereum (ETH) – Do Not Own with an accuracy rate of 61.28%
  • Ethereum Classic - Buy with an accuracy rate of 63.91%
  • Litecoin (LTC) – Do Not Own with an accuracy rate of 65.30%
  • Ripple (XRP) – Do Not Own with an accuracy rate of 64.03%

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Cryptocurrencies or Central Bank Issued Digital Currency? Perhaps Both
Stablecoins, IoT, and the Internet 3.0
The ABC's of Crypto Compliance
The Paper Fork
Crypto Thursday: Active Addresses vs. Hashrate for Top Cryptocurrencies
Cryptocurrencies move higher through week as Bitcoin trades above crucial $4,000 level
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Now Is A Good Time To Buy Bitcoin, Bogart Says
Startup Guarding Against Another Quadriga Dilemma
CME CEO On Volatility, Data Expansion, and Bitcoin
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