Weekly Crypto Digest: Ex-Celsius board member joins regulatory desk JPMorgan

25/10/2022 By Jan Robert Schutte Reageer

The attached chart illustrates the development of the crypto market. The total crypto market cap currently stands at $922 billion and now numbers more than 21,400 coins.

Like last week, Bitcoin’s market dominance notes 39%. Bitcoin’s market cap remained remarkably stuck at the level of 7 days ago: 368 billion. The market dominance of Ethereum (ETH) also did not budge and still stands at 17%, while the market cap of the No. 2 coin rose fractionally to $158 billion.

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Crypto Trade van de Week: Aave (AAVE) met koersdoel $100

05/10/2022 By Jan Robert Schutte Reageer

De Cryptocurrency Trade van deze Week is Aave (AAVE) dat een market cap heeft van$1,1 miljard en op nummer 46 staat van Coinmarketcap. Aave is een gedecentraliseerd financieel protocol waarmee beleggers crypto’s kunnen lenen en uitlenen.

Dit is dus een DeFi-coin pur sang. De koersprestatie van AAVE is evenals het leeuwendeel van de cryptomarkt niet om naar huis te schrijven.

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Crypto Trade of the Week: ANKR with first target $0.10

22/08/2022 By Jan Robert Schutte Reageer

This 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.