CryptoAcademy: Your Bridge to the Crypto World
This Week’s Cryptocurrency Trade is Komodo (KMD) which has a market cap of $79.5 million and is ranked number 467 on Coinmarketcap.
For our Crypto X10 Challenge and other crypto portfolios, we already have this coin in our portfolio. Komodo is an open, composable multi-chain platform. With blockchain development roots dating back 8 years, Komodo is reportedly one of the pioneers of multi-chain architecture in the blockchain space.
[Lees meer…] overCrypto Trade of the Week: Komodo (KMD)In this column I reach for a short trade in the EUR/NZD, where the New Zealand dollar is also referred to as kiwi. The EUR/NZD has been under pressure for some time and is currently stabilizing between 1.55 and 1.60. This consolidation is not yet a guarantee for a strong recovery move. In fact, the trend I expects a further decline, with an acceleration once the low of 1.56 reached at the beginning of this year is broken.
EUR/NZD weekly chart
The weekly chart shows the sharp downward trend that started in early February. The orange pma line (a custom-made average line) in the chart indicates the downward trend by means of its orange color. This indicator was generated by the M2W-TSSytem. The way is in principle clear for a further decline to (far) below 1.50.
[Lees meer…] overForex Trade of the Week: EUR/NZD shortFasTToken (FTN), the official cryptocurrency of SoftConstruct, is set to boost tokenized economy. It will allow all partners and end-users to reap the benefits of said ecosystem by settling all their business arrangements with any brand under the SoftConstruct umbrella using FTN.
Being of Ethereum’s ERC20 standard, the token sale of FTN along with the whitepaper and token distribution will be announced in the coming month. The given approval provides FasTToken the right to practice a financial activity regarding the issuance, cancellation and registration of the depository certificates and any rights related.
[Lees meer…] overFasTToken is the first to acquire the electronic currency license from Abu DhabiThe attached overview from Coin360 shows the performance of the crypto market over the past seven days. The total crypto market cap recovered slightly over the past week to a total of $1,832 billion. Thereby, Bitcoin’s market dominance consolidated around 42%.
The market dominance of Ethereum (ETH) remained stable at 18.5%. The market cap of the number 2 coin picked up slightly to $338.5 billion.
[Lees meer…] overWeekly Crypto Digest: Bitcoin recovers from support zone $40,000The Cryptocurrency Trade of the Week is Aave which has a market cap of $1.6 billion and is ranked number 56 on Coinmarketcap.
For our Crypto X10 Challenge and other crypto portfolios, we have this coin already in portfolio. Aave is a borrowing and lending protocol built on the Ethereum network, its board token is the ERC-20 token AAVE. An ERC20 token is used to create and issue smart contracts on the Ethereum blockchain.
[Lees meer…] overCrypto Trade of the Week: Aave w/ first target $150