CryptoAcademy: Your Bridge to the Crypto World
This Week’s Cryptocurrency Trade is Ethereum which has a market cap of $181 billion and is ranked #2 on Coinmarketcap.
Ethereum (ETH) is on the eve of its major migration from Proof of Work to Proof of Stake consensus model. The stock price has rebounded vigorously from the low of $882 in mid-June. This was accompanied by fairly high volume. This is a strong sign and with it, the sprice has also rebounded convincingly above 8, 21, 35 and 55.
[Lees meer…] overCrypto Trade of the Week: EthereumThe attached overview from Coin360 illustrates the development of the crypto market over the past 7 days. The total crypto market cap decreased slightly over the past 7 days and currently stands at $1,048 billion. Bitcoin’s market dominance has recently continued to fall below 40% and is currently consolidating around this level.
Bitcoin’s market cap declined slightly towards $415 billion. Ethereum’s (ETH) market dominance remained at 20%, while Ethereum’s market cap declined slightly to $208 billion.
[Lees meer…] overWeekly Crypto Digest: Crypto market is slowing downThis Week’s Cryptocurrency Trade is ANKR which has a market cap of $345 million and is ranked number 97 on Coinmarketcap.
Ankr is a decentralized blockchain and is helping to drive the growth of the crypto economy through a number of multi-chain tools for Web3 users.
Through its comprehensive Ankr Build platform, this project provides blockchain developers with solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes used to access blockchain data and execute code, and tools like Ankr Scan to view on-chain information about blockchains.
Recently, ANKR broke up with strength, accompanied by hefty volume. That’s a strong sign, and with it, the stock price has also convincingly climbed above 8, 21, 35 and 55.
However, the high of $0.20 reached late last year is still miles away. Nevertheless, in my opinion there is enough strength in the market to lift the price to my first price target of $0.10. The second target is $0.20 with a stop-loss below $0.025.
PS) For our crypto portfolios, we have now included this coin in our portfolio.
The attached overview from Coin360 illustrates the development of the crypto market in the past 7 days: after rising sharply in the previous weeks, the crypto market once again relaxed a bit in the past week. The total crypto market cap currently stands at $1,100 billion. Bitcoin’s market dominance consolidated just below 40%. Bitcoin’s market cap remained at $447 billion. Ethereum’s (ETH) market dominance consolidated around 20%, with Ethereum’s market cap reaching $224 billion.
After the crypto market rebounded from its low point in June led by BTC and ETH, the market has now taken a breather. Total crypto market cap currently stands at $1,100 billion and has now reached an important zone that was also important last June and July.
[Lees meer…] overWeekly Crypto Digest: ECB bureaucrats take Crypto markets by stormThis Week’s Cryptocurrency Trade is DASH which has a market cap of $594.6 million and is ranked number 75 on Coinmarketcap.
Dash is a so-called privacy coin and is short for “Digital Cash”. Dash is one of the first coins and was launched back in January 2014 as a fork of Litecoin (LTC).
[Lees meer…] overCrypto Trade of the Week: Dash with first target $80