🔴 NEW PROJECT ON OUR RADAR 🔴
CryptoCalibur Interest Level: 🔥 High 🔥
Listing: TBA
Genesis Shards powered by Polkadot is a decentralized ecosystem redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens.
The dynamic Genesis ecosystem integrates inhouse interchain swap architecture - Gen Swap, NFT shards, community governance, and a multi-functional NFT exchange (GEN NFTX), to create opportunities for partner organizations and its communities building a symbiotic environment of pre-IDO liquidity while facilitating scalable access to great projects. The ecosystem further offers projects end to end access to top communities, partner networks, marketers, influencers and supporters, together a great incubation space for their big launch.
Token Utility ($GS)
▪️ Swap $GS in order to have access to different tiers.
▪️ Reduction of swap fees.
▪️ Governance decisions on various parameters.
Future Growth
▪️ NFTs can be seen as a Basket for DeFi Options.
▪️ Market place for any DeFi NFT product.
▪️ Farming is in the works and parachain integration in the works.
▪️ NFT indexes and illiquid baskets are a possibility.
What We Like
✅ Extremely attractive tokenomics.
✅ DeFi Communities, Market Makers, Stakers, Marketeers, Projects, Trading Groups can all interact within the same ecosystem.
✅ Multi-tiered access virtual cards bringing those in custody countless benefits. Staking and locking of tokens is highly incentivized and rewarded by the network.
✅ Token utility really stands out such as governance decisions, private access, swap fees discounts and more.
✅ Seasoned team members with tons of experience and connections in the cryptocurrency industry.
✅ Solidity-compatible Parachains can enable Genesis Shards' ecosystem to take Pre-IDO tokens from various blockchains and wrap them into NFTs. Full advantage can then be take of the liquidity internally and externally to the tokens’ native chains.
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
CryptoCalibur Interest Level: 🔥 High 🔥
Listing: TBA
Pre-IDO Liquidity Built on Defi NFT SwapGenesis Shards powered by Polkadot is a decentralized ecosystem redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens.
The dynamic Genesis ecosystem integrates inhouse interchain swap architecture - Gen Swap, NFT shards, community governance, and a multi-functional NFT exchange (GEN NFTX), to create opportunities for partner organizations and its communities building a symbiotic environment of pre-IDO liquidity while facilitating scalable access to great projects. The ecosystem further offers projects end to end access to top communities, partner networks, marketers, influencers and supporters, together a great incubation space for their big launch.
Token Utility ($GS)
▪️ Swap $GS in order to have access to different tiers.
▪️ Reduction of swap fees.
▪️ Governance decisions on various parameters.
Future Growth
▪️ NFTs can be seen as a Basket for DeFi Options.
▪️ Market place for any DeFi NFT product.
▪️ Farming is in the works and parachain integration in the works.
▪️ NFT indexes and illiquid baskets are a possibility.
What We Like
✅ Extremely attractive tokenomics.
✅ DeFi Communities, Market Makers, Stakers, Marketeers, Projects, Trading Groups can all interact within the same ecosystem.
✅ Multi-tiered access virtual cards bringing those in custody countless benefits. Staking and locking of tokens is highly incentivized and rewarded by the network.
✅ Token utility really stands out such as governance decisions, private access, swap fees discounts and more.
✅ Seasoned team members with tons of experience and connections in the cryptocurrency industry.
✅ Solidity-compatible Parachains can enable Genesis Shards' ecosystem to take Pre-IDO tokens from various blockchains and wrap them into NFTs. Full advantage can then be take of the liquidity internally and externally to the tokens’ native chains.
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
Please enjoy the March 2021 CryptoCalibur Team Picks Technical Analysis article.
📈📉📈📉📈
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https://cryptocalibur.com/cc-picks-march2021-ta/
📈📉📈📉📈
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https://cryptocalibur.com/cc-picks-march2021-ta/
CryptoCalibur
CryptoCalibur Team Picks - March 2021 Technical Analysis | CryptoCalibur % %
After more than doubling in value in less than a month during January/February, Bitcoin finally found a new high it didn't like and made a rapid correction. As is often the case, when Bitcoin sneezes Alt Coins catch a mild cold. In all, Bitcoin retreated…
🗞 Cryptocurrency Weekly News | March 1st, 2021 🗞
Greetings everyone to Bitcoin Existence Day 4440.
Things change fast in crypto.
Last Sunday evening as I penned the weekly Newsletter entry Bitcoin was doing what it’s been doing for a while… sailing into blue skies without a care in the world. But then Monday morning, before publishing, we were greeted by the news of Yellen Yellin’ at the godfather crypto and the bottom fell out. A quick rewrite was in order, and the next time (also the first time) I see Janet I’m going to tell her she owes me a beer.
Jokes aside, what followed that news was a quick selloff. Was it the news? Or was it the case that BTC needed a break and found the right excuse? Hard to say for sure, but we can look at the chart and draw a few conclusions and considerations. Read more and view the technical charts.
Highlights of The Week
One of Switzerland’s oldest banks now offers trading in cryptocurrencies
SEC explains itself by issuing a risk alert for crypto assets
Nigeria VP tells Central Bank to regulate, not forbid, crypto
Google Finance now tracks the price of select cryptocurrencies
Goldman Sachs to trade Bitcoin futures
New York AG warns that if crypto firms don’t ‘play by the rules’ they will get shut down
MicroStrategy isn’t done buying Bitcoin, now holds $4.4 billion in BTC
Sudden Pullback Clips Bullish Traders While Institutions Continue to Reveal Good News
The market was awash with bullish sentiment at the start of the week as the open interest for Bitcoin futures approached a new all time high of $20B, with a year-to-date growth of nearly 90%. At the same time, the CME Bitcoin futures daily volume hit a new record high of $7.3B, while the total Bitcoin futures volume hit a new all time high of close to $220B. Towards the end of the week it was also revealed that the total monthly trading volume across crypto exchanges surpassed $1T trillion for the first time, however these revelations couldn’t save bullish traders operating on leverage as a sudden drop in the prices of BTC and ETH led to a wave of liquidations. Read more.
Greetings everyone to Bitcoin Existence Day 4440.
Things change fast in crypto.
Last Sunday evening as I penned the weekly Newsletter entry Bitcoin was doing what it’s been doing for a while… sailing into blue skies without a care in the world. But then Monday morning, before publishing, we were greeted by the news of Yellen Yellin’ at the godfather crypto and the bottom fell out. A quick rewrite was in order, and the next time (also the first time) I see Janet I’m going to tell her she owes me a beer.
Jokes aside, what followed that news was a quick selloff. Was it the news? Or was it the case that BTC needed a break and found the right excuse? Hard to say for sure, but we can look at the chart and draw a few conclusions and considerations. Read more and view the technical charts.
Highlights of The Week
One of Switzerland’s oldest banks now offers trading in cryptocurrencies
SEC explains itself by issuing a risk alert for crypto assets
Nigeria VP tells Central Bank to regulate, not forbid, crypto
Google Finance now tracks the price of select cryptocurrencies
Goldman Sachs to trade Bitcoin futures
New York AG warns that if crypto firms don’t ‘play by the rules’ they will get shut down
MicroStrategy isn’t done buying Bitcoin, now holds $4.4 billion in BTC
Sudden Pullback Clips Bullish Traders While Institutions Continue to Reveal Good News
The market was awash with bullish sentiment at the start of the week as the open interest for Bitcoin futures approached a new all time high of $20B, with a year-to-date growth of nearly 90%. At the same time, the CME Bitcoin futures daily volume hit a new record high of $7.3B, while the total Bitcoin futures volume hit a new all time high of close to $220B. Towards the end of the week it was also revealed that the total monthly trading volume across crypto exchanges surpassed $1T trillion for the first time, however these revelations couldn’t save bullish traders operating on leverage as a sudden drop in the prices of BTC and ETH led to a wave of liquidations. Read more.
CryptoCalibur
Cryptocurrency Weekly News | Mar. 1st, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis — BTC Takes Centre Stage as Corporate...
🔴 NEW PROJECT ON OUR RADAR 🔴
CryptoCalibur Interest Level: 🔥 High 🔥
Listing: A Double IDO & Triple IEO Sale starting from the 5th until the 8th of March has been announced.
ETHA Lend implements a much-needed simplicity and elegance to DeFi yield optimization. The protocol interacts with multiple DeFi protocols allowing users to supply their assets freely cross-chain, and to expose liquidity providers to optimal yield.
How do they do it?
Algorithmic calculation of when a liquidity provider supplies asset through the protocol.
👉 Allocation of assets is optimized based on gas cost, volatility, current yield, utilization rate and supplied amount.
Ethereum & Polkadot Interoperability that leverages cross-chain opportunities.
👉 Interoperable protocol allows universal interoperability and easy integration with new DeFi protocols.
Non-custodial Smart contract wallets.
👉 Owned by the users to manage & optimize assets across protocols.
Native integration of Gas Tokens to the protocol allow liquidity providers to save up on transaction fees.
A growing sector
The DeFi market is rifle with opportunities. We’ve seen significant growth in the market recently and interest in DeFi is skyrocketing as the global digital asset market expands.
The current single liquidity protocols are unable to efficiently provide optimal yield, given current market conditions and the constantly growing DeFi ecosystem.
▪️ High transaction costs
▪️ Limited access to market rates
▪️ Lack of interoperability
Token Utility ($ETHA)
ETHA is a future governance utility token with value accrual mechanisms, to reward long term liquidity providers.
▪️ Mine ETHA tokens by supplying liquidity through the protocol.
▪️ Earn protocol rewards from performance fees on ETHA Lend.
▪️ The utility of the future governance token will define the set of policies that empower ETHA tokenholders and the future of the protocol.
What We Like
✅ Interoperability that leverages cross-chain opportunities.
✅ Risk-reward allocation based on adjustable parameters.
✅ Rebalance mechanism that is reactive to parameters and allows users to optimize their asset allocation to maximize earnings.
✅ Earnings in real time, as interests are paid continuously.
✅ Full working product with its mainnet launch upon the project’s public release on the markets.
✅ Yield optimizer ETHALend integrates the Chainlink Fast Gas Price Feed on mainnet to calculate algorithmically optimized yield strategies. Chainlink allows ETHA strategies to plan & automate switching costs across DeFi protocols in a decentralized manner.
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
CryptoCalibur Interest Level: 🔥 High 🔥
Listing: A Double IDO & Triple IEO Sale starting from the 5th until the 8th of March has been announced.
The Protocol-Agnostic Yield OptimizerETHA Lend implements a much-needed simplicity and elegance to DeFi yield optimization. The protocol interacts with multiple DeFi protocols allowing users to supply their assets freely cross-chain, and to expose liquidity providers to optimal yield.
How do they do it?
Algorithmic calculation of when a liquidity provider supplies asset through the protocol.
👉 Allocation of assets is optimized based on gas cost, volatility, current yield, utilization rate and supplied amount.
Ethereum & Polkadot Interoperability that leverages cross-chain opportunities.
👉 Interoperable protocol allows universal interoperability and easy integration with new DeFi protocols.
Non-custodial Smart contract wallets.
👉 Owned by the users to manage & optimize assets across protocols.
Native integration of Gas Tokens to the protocol allow liquidity providers to save up on transaction fees.
A growing sector
The DeFi market is rifle with opportunities. We’ve seen significant growth in the market recently and interest in DeFi is skyrocketing as the global digital asset market expands.
The current single liquidity protocols are unable to efficiently provide optimal yield, given current market conditions and the constantly growing DeFi ecosystem.
▪️ High transaction costs
▪️ Limited access to market rates
▪️ Lack of interoperability
Token Utility ($ETHA)
ETHA is a future governance utility token with value accrual mechanisms, to reward long term liquidity providers.
▪️ Mine ETHA tokens by supplying liquidity through the protocol.
▪️ Earn protocol rewards from performance fees on ETHA Lend.
▪️ The utility of the future governance token will define the set of policies that empower ETHA tokenholders and the future of the protocol.
What We Like
✅ Interoperability that leverages cross-chain opportunities.
✅ Risk-reward allocation based on adjustable parameters.
✅ Rebalance mechanism that is reactive to parameters and allows users to optimize their asset allocation to maximize earnings.
✅ Earnings in real time, as interests are paid continuously.
✅ Full working product with its mainnet launch upon the project’s public release on the markets.
✅ Yield optimizer ETHALend integrates the Chainlink Fast Gas Price Feed on mainnet to calculate algorithmically optimized yield strategies. Chainlink allows ETHA strategies to plan & automate switching costs across DeFi protocols in a decentralized manner.
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
Medium
ETHA Lend 5th — 8th March Double IDO & Triple IEO Sale Details
We are excited to announce the details for our upcoming Double IDO & Triple IEO Sale Details starting from the 5th until the 8th March.
🗞 Cryptocurrency Weekly News | March 8th, 2021 🗞
Greetings everyone to Bitcoin Existence Day 4447.
The last 7 days in crypto have been almost relaxing. After a reasonably rapid fade from $58,350 Bitcoin navigated the proverbial soft landing right into a logical trifecta of support as defined by the rectangle in the chart posted below. After a bit of sideways action, it was able to stair-step back to just above the 13-day moving average. This is still well below its all time high, but also comfortably above strong support at $42,000. For the moment, we seem to have found stasis.
As we have discussed for the last several weeks, all moving averages of significance sit in their proper place and broadcast that we remain in an ongoing bull market. Until something changes, that’s our bottom line. Read more and view the technical charts.
Highlights of The Week
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain
Crypto project PAID exploited, attacker gains over 2,000 ETH after minting nearly $160M in tokens
Ethereum’s EIP 1559 fee market scheduled to launch in July
Chinese tech company puts $40 million into Bitcoin and Ethereum
Norwegian oil mogul sets up $58 million entity to buy Bitcoin
Bitcoin is accelerating in replacing gold as store of value: Bloomberg’s Mike McGlone
Balancer is coming to Polkadot via Moonbeam
NFTs & DeFi Take Center Stage
NFTs and DeFi managed to attract much of the attention this week, despite the market being awash with positive news across a variety of different sectors. The week kicked off with MicroStrategy announcing further Bitcoin purchases with the tech giant revealing it had acquired 328 Bitcoin for approximately $15m. The purchase brought MicroStrategy’s holdings to around 90,859 Bitcoin, which were acquired at an average purchase price of around $24,063 making the total holdings worth about $2.19B. The company then ended the week by announcing an additional purchase of $10m worth of BTC.
Last week also gave analysts time to go over February’s various metrics and news spread that DEXs broke another record in February by generating more than $60B in volume, while there was further confirmation that Ethereum’s monthly mining revenue broke $1B for the first time. Fans of Ethereum were also buoyed by the news that Mike Novogratz’s Galaxy Digital received just over $32 million in investments across its two Ethereum funds despite only launching them in February.
However, the revelation that the ‘EIP 1559’ improvement protocol for Ethereum has been scheduled to activate in July turned a lot of heads. The upgrade will be implemented into the Ethereum codebase and packaged with the London hardfork this summer despite opposition from a significant number of miners. Read more.
Greetings everyone to Bitcoin Existence Day 4447.
The last 7 days in crypto have been almost relaxing. After a reasonably rapid fade from $58,350 Bitcoin navigated the proverbial soft landing right into a logical trifecta of support as defined by the rectangle in the chart posted below. After a bit of sideways action, it was able to stair-step back to just above the 13-day moving average. This is still well below its all time high, but also comfortably above strong support at $42,000. For the moment, we seem to have found stasis.
As we have discussed for the last several weeks, all moving averages of significance sit in their proper place and broadcast that we remain in an ongoing bull market. Until something changes, that’s our bottom line. Read more and view the technical charts.
Highlights of The Week
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain
Crypto project PAID exploited, attacker gains over 2,000 ETH after minting nearly $160M in tokens
Ethereum’s EIP 1559 fee market scheduled to launch in July
Chinese tech company puts $40 million into Bitcoin and Ethereum
Norwegian oil mogul sets up $58 million entity to buy Bitcoin
Bitcoin is accelerating in replacing gold as store of value: Bloomberg’s Mike McGlone
Balancer is coming to Polkadot via Moonbeam
NFTs & DeFi Take Center Stage
NFTs and DeFi managed to attract much of the attention this week, despite the market being awash with positive news across a variety of different sectors. The week kicked off with MicroStrategy announcing further Bitcoin purchases with the tech giant revealing it had acquired 328 Bitcoin for approximately $15m. The purchase brought MicroStrategy’s holdings to around 90,859 Bitcoin, which were acquired at an average purchase price of around $24,063 making the total holdings worth about $2.19B. The company then ended the week by announcing an additional purchase of $10m worth of BTC.
Last week also gave analysts time to go over February’s various metrics and news spread that DEXs broke another record in February by generating more than $60B in volume, while there was further confirmation that Ethereum’s monthly mining revenue broke $1B for the first time. Fans of Ethereum were also buoyed by the news that Mike Novogratz’s Galaxy Digital received just over $32 million in investments across its two Ethereum funds despite only launching them in February.
However, the revelation that the ‘EIP 1559’ improvement protocol for Ethereum has been scheduled to activate in July turned a lot of heads. The upgrade will be implemented into the Ethereum codebase and packaged with the London hardfork this summer despite opposition from a significant number of miners. Read more.
CryptoCalibur
Cryptocurrency Weekly News | Mar. 8th, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis — NFTs & DeFi Take Center Stage...
🔴 NEW PROJECT ON OUR RADAR 🔴
CryptoCalibur Interest Level: 🔥 Potentially High 🔥
PredictX is a protocol that brings prediction markets to DeFi. Focused on automated liquidity and precisely designed incentives, PredictX ensures liquidity across all markets while allowing users to win off their predictions on a user-friendly platform.
Opportunities in the market
Prediction markets are online platforms that allow individuals to set a price on the realization of a future event. These events can be anything from sports betting, politics, to price predictions on stocks, commodities, IPOs. The most popular application of this is sports betting, a $200B+ industry.
The existing prediction markets are highly centralized and users often have to pay huge fees. These centralized gatekeepers dominate the market and extract tons of value from the ecosystem.
High gas fees, minimal liquidity and poor UI across existing decentralized platforms like Augur and Polymarket have not attracted the volume of their centralized counterparts. The issues with Ethereum gas fees have forced many projects to build on layer 2 and on other chains.
The platform mechanics
PredictX uses an architecture similar to Catnip, where a market issued on Augur has ERC-1155 tokens to represent Yes/No Outcomes. These tokens are then wrapped into ERC-20 tokens and deposited into a Balancer Pool.
The actions of buying shares, selling shares and adding liquidity are each governed by equations related to Balancer as well as to the mechanics of a specific prediction market platform.
The two possible outcomes for this market are “yes” and “no”. Each outcome is represented by ERC-20 tokens or “yes” shares and “no” shares. When an event resolves, the “yes” share equals 1 or 0. Similarly, the “no” share equals 0 or 1. After the event resolves, users can redeem their yes or no shares for the respective amounts of the base currency.
PredictX brings AMM based prediction markets to DeFi, on PredictX, liquidity providers gain rewards from the fees per trade as well as other benefits, decided upon through governance.
The PredictX token (PRED) is used to maximize the liquidity for markets and optimize the incentives across all participants. To keep track of how much liquidity is provided, a certain number of synthetic tokens - sPRED is allocated to liquidity providers and is redeemed for the base currency (DAI).
Why do we like it?
✅ They launched the first version of the platform and are soon adding more DeFi integrations.
✅ Combat high Ethereum gas fees by deploying PredictX v1 on Binance Smart Chain (BSC) with later versions on Polkadot.
✅ Strong roadmap focused on building for the cross-chain ecosystem.
✅ Prediction markets as a new layer of DeFi
Socials
▪️ Telegram Chat: https://news.1rj.ru/str/PredictX_Official
▪️ Twitter: https://twitter.com/1PredictX
▪️ Blog: https://predictx-official.medium.com/
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
CryptoCalibur Interest Level: 🔥 Potentially High 🔥
DeFi Prediction MarketsPredictX is a protocol that brings prediction markets to DeFi. Focused on automated liquidity and precisely designed incentives, PredictX ensures liquidity across all markets while allowing users to win off their predictions on a user-friendly platform.
Opportunities in the market
Prediction markets are online platforms that allow individuals to set a price on the realization of a future event. These events can be anything from sports betting, politics, to price predictions on stocks, commodities, IPOs. The most popular application of this is sports betting, a $200B+ industry.
The existing prediction markets are highly centralized and users often have to pay huge fees. These centralized gatekeepers dominate the market and extract tons of value from the ecosystem.
High gas fees, minimal liquidity and poor UI across existing decentralized platforms like Augur and Polymarket have not attracted the volume of their centralized counterparts. The issues with Ethereum gas fees have forced many projects to build on layer 2 and on other chains.
The platform mechanics
PredictX uses an architecture similar to Catnip, where a market issued on Augur has ERC-1155 tokens to represent Yes/No Outcomes. These tokens are then wrapped into ERC-20 tokens and deposited into a Balancer Pool.
The actions of buying shares, selling shares and adding liquidity are each governed by equations related to Balancer as well as to the mechanics of a specific prediction market platform.
The two possible outcomes for this market are “yes” and “no”. Each outcome is represented by ERC-20 tokens or “yes” shares and “no” shares. When an event resolves, the “yes” share equals 1 or 0. Similarly, the “no” share equals 0 or 1. After the event resolves, users can redeem their yes or no shares for the respective amounts of the base currency.
PredictX brings AMM based prediction markets to DeFi, on PredictX, liquidity providers gain rewards from the fees per trade as well as other benefits, decided upon through governance.
The PredictX token (PRED) is used to maximize the liquidity for markets and optimize the incentives across all participants. To keep track of how much liquidity is provided, a certain number of synthetic tokens - sPRED is allocated to liquidity providers and is redeemed for the base currency (DAI).
Why do we like it?
✅ They launched the first version of the platform and are soon adding more DeFi integrations.
✅ Combat high Ethereum gas fees by deploying PredictX v1 on Binance Smart Chain (BSC) with later versions on Polkadot.
✅ Strong roadmap focused on building for the cross-chain ecosystem.
✅ Prediction markets as a new layer of DeFi
Socials
▪️ Telegram Chat: https://news.1rj.ru/str/PredictX_Official
▪️ Twitter: https://twitter.com/1PredictX
▪️ Blog: https://predictx-official.medium.com/
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
X (formerly Twitter)
PredictX (@1PredictX) on X
PredictX: Prediction Markets for DeFi
Upcoming ask me anything session with Render Token ($RNDR)!
🔥 Recently released app OctaneRender on Apple's App Store brings Mac users one-click access to all the tools needed to render artwork and animations on the RNDR network – the industry’s first decentralized GPU rendering platform. Recently hundreds of OctaneRender artists have successfully auctioned digital art as NFT's on the blockchain, the most famous being Beeple - with his latest art at the prestigious auction house Christie's - currently bid at $13.25M 🔥
📃 Render's Website
📃 Render's Telegram
⏰ The AMA will take place on March 12th from 15:30 to 16:30 UTC.
--------------------
Since launching in 2017, RNDR has been growing alongside a passionate community of GPU hardware enthusiasts, computer graphics experts and OctaneRender artists.
RNDR aims to (1) protect content creators' rights (2) protect creators' monetization (3) bring the power back to individuals.
--------------------
The AMA will take place in @cryptocaliburchat
🔥 Recently released app OctaneRender on Apple's App Store brings Mac users one-click access to all the tools needed to render artwork and animations on the RNDR network – the industry’s first decentralized GPU rendering platform. Recently hundreds of OctaneRender artists have successfully auctioned digital art as NFT's on the blockchain, the most famous being Beeple - with his latest art at the prestigious auction house Christie's - currently bid at $13.25M 🔥
📃 Render's Website
📃 Render's Telegram
⏰ The AMA will take place on March 12th from 15:30 to 16:30 UTC.
--------------------
Since launching in 2017, RNDR has been growing alongside a passionate community of GPU hardware enthusiasts, computer graphics experts and OctaneRender artists.
RNDR aims to (1) protect content creators' rights (2) protect creators' monetization (3) bring the power back to individuals.
--------------------
The AMA will take place in @cryptocaliburchat
----
CryptoCalibur Team Pick - New Selection!
----
Unifty ($NIF)
https://unifty.io/
--
The CryptoCalibur Team has been researching Unifty for a few weeks, and we are now making the move to add it to our list of Team Picks. Unifty is a one-of-a-kind truly decentralized cross-platform project targeting the powerfully emerging Non-Fungible Token (NFT) market.
Things we like:
✅ Fair Launch TGE – Released straight to UniSwap with just 1 million in circulating supply. 5 million total supply with 4 million currently short term-locked and long-term re-lock scheduled.
✅ Strong Development Team – Pushing the boundaries of the status quo, with an intent to continue.
✅ True Ownership – Unlike most other NFT creation platforms, you own your contracts.
✅ Cross-Chain – Supports Ethereum, Matic, xDAI, Binance Smart Chain, Celo with Polkadot and Moonbeam on the way. This is unique within the NFT universe.
✅ Chain Bridging – Create an NFT on one platform and move to another as needed.
✅ Farming – This optional feature allows the creator to choose the rules and rewards they want, the NIF platform makes it happen.
✅ Interactive NFT capabilities – Tie the behavior of an NFT to external actions. Such as an API or a wallet balance, for example, but possibilities are endless.
✅ New Front End Pending – Entire site redesign on the way.
✅ Marketplace Pending – Soon to be released vibrant trading platform.
✅ Early Days - Ranked #700 on CoinGecko. Available currently on just 2 exchanges.
https://www.coingecko.com/en/coins/unifty#markets
CryptoCalibur Team Pick - New Selection!
----
Unifty ($NIF)
https://unifty.io/
--
The CryptoCalibur Team has been researching Unifty for a few weeks, and we are now making the move to add it to our list of Team Picks. Unifty is a one-of-a-kind truly decentralized cross-platform project targeting the powerfully emerging Non-Fungible Token (NFT) market.
Things we like:
✅ Fair Launch TGE – Released straight to UniSwap with just 1 million in circulating supply. 5 million total supply with 4 million currently short term-locked and long-term re-lock scheduled.
✅ Strong Development Team – Pushing the boundaries of the status quo, with an intent to continue.
✅ True Ownership – Unlike most other NFT creation platforms, you own your contracts.
✅ Cross-Chain – Supports Ethereum, Matic, xDAI, Binance Smart Chain, Celo with Polkadot and Moonbeam on the way. This is unique within the NFT universe.
✅ Chain Bridging – Create an NFT on one platform and move to another as needed.
✅ Farming – This optional feature allows the creator to choose the rules and rewards they want, the NIF platform makes it happen.
✅ Interactive NFT capabilities – Tie the behavior of an NFT to external actions. Such as an API or a wallet balance, for example, but possibilities are endless.
✅ New Front End Pending – Entire site redesign on the way.
✅ Marketplace Pending – Soon to be released vibrant trading platform.
✅ Early Days - Ranked #700 on CoinGecko. Available currently on just 2 exchanges.
https://www.coingecko.com/en/coins/unifty#markets
Even as NFT hype makes big news lately, the sector's total market capitalization remains quite small at just $8.7B. Additionally, fully 60% of this valuation is held by just 3 projects (ENJ, MANA, FLOW). We expect the space to grow massively and rapidly over the next few years.
🔥 Bottom line, NFT development and investment opportunities are in their infancy and Unifty is well positioned to outperform.CoinGecko
Cryptocurrency Prices, Charts, and Crypto Market Cap | CoinGecko
View top cryptocurrency prices live, crypto charts, market cap, and trading volume. Discover today’s new and trending coins, top crypto gainers and losers in the market.
🗞 Cryptocurrency Weekly News | March 15th, 2021 🗞
Greetings everyone to Bitcoin Existence Day 4454.
We have something interesting to talk about. New all time high!
YES!
But followed by an immediate fade.
NO!
Thinking back to last week’s entry, we defined 3 possible technical paths forward. As it turned out, Possibility 1 (the most likely) was a breakout. We got that. However, it was on very light volume. Unimpressive. Not too surprisingly, price has slipped back. Worse of all, the old high did not provide support as it should in a healthy trend. Read more and view the technical charts.
Highlights of The Week
🏦 New JPMorgan report on Bitcoin outlines opportunities in crypto markets
❓ Twitter suspends accounts of PlanB, CryptoDog, and other crypto influencers
⚡️ Ethereum could scale 100x in a few months, says Vitalik Buterin
🎯 $64 billion asset manager files Bitcoin ETF proposal
👨🏫 American investment research giant is educating investors on Bitcoin
NFTs Dominate Proceedings Once Again
NFTs continued to attract attention, and spending on non-fungible tokens reached new heights over the past week. However, Bitcoin was not completely outdone as MicroStrategy announced yet another BTC purchase with the tech giant declaring it had acquired 262 Bitcoin for approximately $15m. The purchase brought MicroStrategy’s holdings to just over 91,000 Bitcoin, and a filing with the Securities and Exchanges Commission (SEC) by LedgerPrime revealed that the firm sold $49.5m worth of securities in order to invest in Bitcoin and Ethereum.
The digital asset investment firm was established in 2017, and plans to make BTC and ETH purchases in order to both hold the assets and trade them using systematic quantitative strategies. Meanwhile, BlockFi, the US-based digital asset and financial services company secured a $3B valuation after completing its recent $350m Series D fundraising round. The company allows its users to buy and sell cryptocurrencies, earn yields on assets deposited on their platform, and to take out US Dollar loans by using digital assets such as Bitcoin as collateral. Read more.
Greetings everyone to Bitcoin Existence Day 4454.
We have something interesting to talk about. New all time high!
YES!
But followed by an immediate fade.
NO!
Thinking back to last week’s entry, we defined 3 possible technical paths forward. As it turned out, Possibility 1 (the most likely) was a breakout. We got that. However, it was on very light volume. Unimpressive. Not too surprisingly, price has slipped back. Worse of all, the old high did not provide support as it should in a healthy trend. Read more and view the technical charts.
Highlights of The Week
🏦 New JPMorgan report on Bitcoin outlines opportunities in crypto markets
❓ Twitter suspends accounts of PlanB, CryptoDog, and other crypto influencers
⚡️ Ethereum could scale 100x in a few months, says Vitalik Buterin
🎯 $64 billion asset manager files Bitcoin ETF proposal
👨🏫 American investment research giant is educating investors on Bitcoin
NFTs Dominate Proceedings Once Again
NFTs continued to attract attention, and spending on non-fungible tokens reached new heights over the past week. However, Bitcoin was not completely outdone as MicroStrategy announced yet another BTC purchase with the tech giant declaring it had acquired 262 Bitcoin for approximately $15m. The purchase brought MicroStrategy’s holdings to just over 91,000 Bitcoin, and a filing with the Securities and Exchanges Commission (SEC) by LedgerPrime revealed that the firm sold $49.5m worth of securities in order to invest in Bitcoin and Ethereum.
The digital asset investment firm was established in 2017, and plans to make BTC and ETH purchases in order to both hold the assets and trade them using systematic quantitative strategies. Meanwhile, BlockFi, the US-based digital asset and financial services company secured a $3B valuation after completing its recent $350m Series D fundraising round. The company allows its users to buy and sell cryptocurrencies, earn yields on assets deposited on their platform, and to take out US Dollar loans by using digital assets such as Bitcoin as collateral. Read more.
CryptoCalibur
Cryptocurrency Weekly News | Mar. 15th, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis — NFTs Dominate Proceedings Once Again...
Upcoming ask me anything session with Unifty ($NIF)!
🔥 Unifty is a one-of-a-kind truly decentralized cross-platform project targeting the powerfully emerging Non-Fungible Token (NFT) market. 🔥
📃 Unifty's Website
📃 Unifty's Telegram
⏰ The AMA will take place on March 21st from 15:00 to 16:00 UTC.
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Unifty is aiming to become the major hub for exchanging, creating, managing and bringing to market NFTs and collectibles. Unifty truly allows you to own the collections you create.
For example at Rarible, your NFTs belong to the Rarible collection and aren't technically yours. On the other hand, custom erc155 collections at Unifty are approx. 50% cheaper than custom erc1155 collections at Rarible. If you intend to build a community around your NFTs it is critical that you have full ownership and administrative privileges over all contracts in play.
--------------------
The AMA will take place in @cryptocaliburchat
🔥 Unifty is a one-of-a-kind truly decentralized cross-platform project targeting the powerfully emerging Non-Fungible Token (NFT) market. 🔥
📃 Unifty's Website
📃 Unifty's Telegram
⏰ The AMA will take place on March 21st from 15:00 to 16:00 UTC.
--------------------
Unifty is aiming to become the major hub for exchanging, creating, managing and bringing to market NFTs and collectibles. Unifty truly allows you to own the collections you create.
For example at Rarible, your NFTs belong to the Rarible collection and aren't technically yours. On the other hand, custom erc155 collections at Unifty are approx. 50% cheaper than custom erc1155 collections at Rarible. If you intend to build a community around your NFTs it is critical that you have full ownership and administrative privileges over all contracts in play.
--------------------
The AMA will take place in @cryptocaliburchat
🔴 NEW PROJECT ON OUR RADAR 🔴
CryptoCalibur Interest Level: 🔥 Potentially High 🔥
Holvi Finance unites the power of DeFi and NFT, it is a decentralized platform designed to bring automatic asset allocation across DeFi instruments. Each vault has its own smart contract with pre-programmed logic. The vault is a gateway for every DeFi instrument/yield opportunity.
What’s with the NFT hype?
Non-fungible tokens (NFTs) as an umbrella term refers to each digital token being unique. Each token contains key value pairs that optionally reference off-chain media, and/or characteristics unique to the token. They're little data containers being shipped around the blockchain between addresses.
Each NFT has a digital hash imprinted into its being that makes it different from another NFT. This is perfect for tracking Proof of Provenance (PoP), a type of documented evidence that establishes the real owner of a token and its entire transaction history. The most popular NFTs have a few unique data points which is why people care about them.
▪️ NFTs have their creator's address saved as part of the NFT.
▪️ The current owner of the NFT is known publicly.
▪️ A royalty % may be set in the NFT token. When the NFT is traded at any point in time, between any two addresses, the royalty cut from the sale will be redirected to the Creator’s address.
What is Holvi?
The use of memes, fan art, and multi-media assets in the crypto space has led to the rise in the popularity of NFTs. Users can tokenize their artistic renditions and sell them on NFT marketplaces. Others can then buy NFTs to create collections or for the purpose of investment speculation. There is a growing interest in not only owning NFTs but also a desire to invest in baskets containing those NFTs and marketplaces. The rise of NFT marketplaces in recent months has shown that there is a financial incentive to participate in this segment and that the community is drawn to it.
Holvi is the first vault service to offer NFT staking and NFT rewards in addition to regular yields. Once you choose a vault you can passively earn yields and NFT’s. This allows users to minimize network fees and time spent researching instruments.
Holvi is building a vault that will be a gateway for DeFi instruments and yield opportunities. With community governed strategies, investors can capitalize on a batch of DeFi yield products. The platform will prevoide users with easier and more intuitive access to the world of NFTs. Holvi will utilize the Pancakeswap liquidity pools, where they aim to attract liquidity providers with APY rewards and NFT rewards. Demand for $HOLVI will be driven by the opportunity to participate in staking and liquidity farming with NFT rewards. Additionally, service fees are applied to all strategies, which will be used for buying $HOLVI from the market.
Why do we like it?
✅ Building on Binance Smart Chain (BSC) in order to resolve high gas prices on the Ethereum platform. Hype is there for now and should reflect positively on price action upon trading.
✅ The company has received its seed investment and are underway building the MVP.
✅ A clear Go-To market strategy and a strong team already established in crypto.
✅ Positioned in the middle of a rapidly expanding segment. NFT projects are bound to see increased growth as interest in the market rises. This gives Holvi a unique opportunity to address the needs of a growing market.
Socials
▪️Telegram Chat: https://news.1rj.ru/str/holvi_finance
▪️Twitter: https://twitter.com/HolviFinance
CryptoCalibur Interest Level: 🔥 Potentially High 🔥
The first NFT vaultHolvi Finance unites the power of DeFi and NFT, it is a decentralized platform designed to bring automatic asset allocation across DeFi instruments. Each vault has its own smart contract with pre-programmed logic. The vault is a gateway for every DeFi instrument/yield opportunity.
What’s with the NFT hype?
Non-fungible tokens (NFTs) as an umbrella term refers to each digital token being unique. Each token contains key value pairs that optionally reference off-chain media, and/or characteristics unique to the token. They're little data containers being shipped around the blockchain between addresses.
Each NFT has a digital hash imprinted into its being that makes it different from another NFT. This is perfect for tracking Proof of Provenance (PoP), a type of documented evidence that establishes the real owner of a token and its entire transaction history. The most popular NFTs have a few unique data points which is why people care about them.
▪️ NFTs have their creator's address saved as part of the NFT.
▪️ The current owner of the NFT is known publicly.
▪️ A royalty % may be set in the NFT token. When the NFT is traded at any point in time, between any two addresses, the royalty cut from the sale will be redirected to the Creator’s address.
What is Holvi?
The use of memes, fan art, and multi-media assets in the crypto space has led to the rise in the popularity of NFTs. Users can tokenize their artistic renditions and sell them on NFT marketplaces. Others can then buy NFTs to create collections or for the purpose of investment speculation. There is a growing interest in not only owning NFTs but also a desire to invest in baskets containing those NFTs and marketplaces. The rise of NFT marketplaces in recent months has shown that there is a financial incentive to participate in this segment and that the community is drawn to it.
Holvi is the first vault service to offer NFT staking and NFT rewards in addition to regular yields. Once you choose a vault you can passively earn yields and NFT’s. This allows users to minimize network fees and time spent researching instruments.
Holvi is building a vault that will be a gateway for DeFi instruments and yield opportunities. With community governed strategies, investors can capitalize on a batch of DeFi yield products. The platform will prevoide users with easier and more intuitive access to the world of NFTs. Holvi will utilize the Pancakeswap liquidity pools, where they aim to attract liquidity providers with APY rewards and NFT rewards. Demand for $HOLVI will be driven by the opportunity to participate in staking and liquidity farming with NFT rewards. Additionally, service fees are applied to all strategies, which will be used for buying $HOLVI from the market.
Why do we like it?
✅ Building on Binance Smart Chain (BSC) in order to resolve high gas prices on the Ethereum platform. Hype is there for now and should reflect positively on price action upon trading.
✅ The company has received its seed investment and are underway building the MVP.
✅ A clear Go-To market strategy and a strong team already established in crypto.
✅ Positioned in the middle of a rapidly expanding segment. NFT projects are bound to see increased growth as interest in the market rises. This gives Holvi a unique opportunity to address the needs of a growing market.
Socials
▪️Telegram Chat: https://news.1rj.ru/str/holvi_finance
▪️Twitter: https://twitter.com/HolviFinance
Konomi Network 🤝 ETHA Lend
ETHA’s full interoperability coming together nicely!
https://twitter.com/ethalend/status/1373997865438183426
ETHA’s full interoperability coming together nicely!
https://twitter.com/ethalend/status/1373997865438183426
Twitter
ETHA
We are delighted to announce a strategic partnership with @KonomiNetwork, one of the most promising decentralized liquidity & money market on @Polkadot. Find out more details here 👇👇👇 https://t.co/lqJBQSs8QC
Recap of the Unifty Ask Me Anything session from the 21st of March, 2021
Stay informed!
➡️ Click for Recap ⬅️
Stay informed!
➡️ Click for Recap ⬅️
🗞 Cryptocurrency Weekly News | March 22nd, 2021 🗞
Greetings everyone to Bitcoin Existence Day 4461.
BITCOIN IS BORING!
Overstatement? Yes, for sure – but it is a pretty good denoscription of the last week’s BTC price action. In our last update, we talked about the possibility of a price break below the 13-day moving average. That actually did occur, almost immediately. But buyers stepped in, price fully recovered, and we’ve been flatlined just under ATH resistance ever since. Read more and view the technical charts.
Highlights of The Week
✅ AAVE enables Uniswap and Balancer LP tokens for collateral
🎯 Polkadot to enhance interoperability between networks by releasing decentralized bridges
🤩 Institutions bet big on Bitcoin
🥼 VISA says it’s developing a Bitcoin and crypto business
👀 Ethereum could reduce fees with batch transactions
🚀 Ethereum locked in DeFi hits an all-time high at $16.5B, 8.3% of its supply
💩 Coinbase exploring support for 43 altcoins after addition of crypto asset Cardano
🇹🇷 Bitcoin hits $100,000 in Turkish P2P markets as Lira plummets
🇧🇷 Brazil approves first Bitcoin ETF in Latin America
The Market Recovers from an Early Bitcoin Dip to Reveal an Ongoing Bullish Sentiment
The market was thrust into a state of mild panic early on Monday as the price of Bitcoin fell by around 6% in close to four hours. The sudden dip saw over $800m worth of long positions get liquidated within a 15 minute timeframe, with Binance losing more than 10% worth of open interest in a 30 minute period while Bybit lost 8.5% and Huobi lost 7.6%.
Bybit also revealed that 194,541 traders were liquidated over a 24 hour period for a total of approximately $1.83B, and the sudden cascade of liquidations was partly responsible for Bitcoin falling below $57,000.
Monday also saw PancakeSwap suffer a DNS hijack while a number of DeFi platforms including Cream Finance were also attacked. However, despite this shaky start to the week, the ongoing bullish sentiment soon began to reveal itself as Bitcoin options open interest moved close to $15B which heralded a new all-time-high, while Bitcoin futures options open interest hit $22.5B which also represented a new record high. Read more.
Greetings everyone to Bitcoin Existence Day 4461.
BITCOIN IS BORING!
Overstatement? Yes, for sure – but it is a pretty good denoscription of the last week’s BTC price action. In our last update, we talked about the possibility of a price break below the 13-day moving average. That actually did occur, almost immediately. But buyers stepped in, price fully recovered, and we’ve been flatlined just under ATH resistance ever since. Read more and view the technical charts.
Highlights of The Week
✅ AAVE enables Uniswap and Balancer LP tokens for collateral
🎯 Polkadot to enhance interoperability between networks by releasing decentralized bridges
🤩 Institutions bet big on Bitcoin
🥼 VISA says it’s developing a Bitcoin and crypto business
👀 Ethereum could reduce fees with batch transactions
🚀 Ethereum locked in DeFi hits an all-time high at $16.5B, 8.3% of its supply
💩 Coinbase exploring support for 43 altcoins after addition of crypto asset Cardano
🇹🇷 Bitcoin hits $100,000 in Turkish P2P markets as Lira plummets
🇧🇷 Brazil approves first Bitcoin ETF in Latin America
The Market Recovers from an Early Bitcoin Dip to Reveal an Ongoing Bullish Sentiment
The market was thrust into a state of mild panic early on Monday as the price of Bitcoin fell by around 6% in close to four hours. The sudden dip saw over $800m worth of long positions get liquidated within a 15 minute timeframe, with Binance losing more than 10% worth of open interest in a 30 minute period while Bybit lost 8.5% and Huobi lost 7.6%.
Bybit also revealed that 194,541 traders were liquidated over a 24 hour period for a total of approximately $1.83B, and the sudden cascade of liquidations was partly responsible for Bitcoin falling below $57,000.
Monday also saw PancakeSwap suffer a DNS hijack while a number of DeFi platforms including Cream Finance were also attacked. However, despite this shaky start to the week, the ongoing bullish sentiment soon began to reveal itself as Bitcoin options open interest moved close to $15B which heralded a new all-time-high, while Bitcoin futures options open interest hit $22.5B which also represented a new record high. Read more.
CryptoCalibur
Cryptocurrency Weekly News | Mar. 22nd, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis — NFTs & DeFi Take Center Stage...
🗞 Cryptocurrency Weekly News | March 28th, 2021 🗞
Greetings everyone to Bitcoin Existence Day 4468.
In the past week we saw a first hint of Bitcoin price weakness. Let’s jump right to the chart, and then discuss what we are seeing below.
We’ve been following a dominant and sharp trendline (in red) that dates back to December 10. Over the course of 15 weeks, price found support on this trendline a total of 3 times as marked by the UP pointing arrow. Finally, last week, we broke that trendline as marked by the DOWN arrow.
We’ve been discussing this possibility for a while, and it was only a matter of time. But with that trendline invalidated finally I will be removing it from the chart going forward. At this point we can rule out the most bullish of 3 paths forward that we outlined here.
Read more and view the technical charts.
Institutional, Commercial, and Mainstream Adoption all Continue at a Steady Pace
In continuation with last week’s theme, the overall positive sentiment surrounding the sector displayed itself again this week and was partly illustrated by the news that Tether’s USDT hit a $40B market capitalization. At the same time, the supply of Wrapped BTC (WBTC) hit a new all-time high of $137,300, highlighting the growing adoption and usage of various DeFi platforms.
The institutional adoption of crypto assets also showed no signs of slowing down and news spread early last week that Goldman Sachs has filed an application with the US Securities and Exchange Commission (SEC) for an investment product linked to Bitcoin. The proposed investment product will track the ARK Innovation ETF which is invested in Grayscale, therefore exposing Goldman Sachs’ clients to Bitcoin, even if only indirectly.
On the other side of the globe, New Zealand Funds Management Ltd. (NZ Funds) revealed that its KiwiSaver Growth Strategy Fund has invested 5% of its holding in Bitcoin. The fund is available to New Zealanders as part of the nation’s governmental KiwiSaver program, and the KiwiSaver Growth Fund had NZ$350 million or approximately US$244 million in assets at the end of 2020, and actually began purchasing Bitcoin in October last year. Read more.
Greetings everyone to Bitcoin Existence Day 4468.
In the past week we saw a first hint of Bitcoin price weakness. Let’s jump right to the chart, and then discuss what we are seeing below.
We’ve been following a dominant and sharp trendline (in red) that dates back to December 10. Over the course of 15 weeks, price found support on this trendline a total of 3 times as marked by the UP pointing arrow. Finally, last week, we broke that trendline as marked by the DOWN arrow.
We’ve been discussing this possibility for a while, and it was only a matter of time. But with that trendline invalidated finally I will be removing it from the chart going forward. At this point we can rule out the most bullish of 3 paths forward that we outlined here.
Read more and view the technical charts.
Institutional, Commercial, and Mainstream Adoption all Continue at a Steady Pace
In continuation with last week’s theme, the overall positive sentiment surrounding the sector displayed itself again this week and was partly illustrated by the news that Tether’s USDT hit a $40B market capitalization. At the same time, the supply of Wrapped BTC (WBTC) hit a new all-time high of $137,300, highlighting the growing adoption and usage of various DeFi platforms.
The institutional adoption of crypto assets also showed no signs of slowing down and news spread early last week that Goldman Sachs has filed an application with the US Securities and Exchange Commission (SEC) for an investment product linked to Bitcoin. The proposed investment product will track the ARK Innovation ETF which is invested in Grayscale, therefore exposing Goldman Sachs’ clients to Bitcoin, even if only indirectly.
On the other side of the globe, New Zealand Funds Management Ltd. (NZ Funds) revealed that its KiwiSaver Growth Strategy Fund has invested 5% of its holding in Bitcoin. The fund is available to New Zealanders as part of the nation’s governmental KiwiSaver program, and the KiwiSaver Growth Fund had NZ$350 million or approximately US$244 million in assets at the end of 2020, and actually began purchasing Bitcoin in October last year. Read more.
CryptoCalibur
Cryptocurrency Weekly News | Mar. 28th, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis — Institutional, Commercial, and Mainstream Adoption...
Please enjoy the April 2021 CryptoCalibur Team Picks Technical Analysis article.
📈📉📈📉📈
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https://cryptocalibur.com/cryptocalibur-team-picks-april-2021-technical-analysis/
📈📉📈📉📈
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https://cryptocalibur.com/cryptocalibur-team-picks-april-2021-technical-analysis/
CryptoCalibur
CryptoCalibur Team Picks - April 2021 Technical Analysis | CryptoCalibur % %
Greetings, all. The 2020 crypto bull market has slowed a bit, but continues to grind ever higher. One new CryptoCalibur Team Pick project was added in the month of March, cross-chain NFT project Unifty ($NIF)!
🗞 Cryptocurrency Weekly News | April 7th, 2021 🗞
Greetings everyone to Bitcoin Existence Day 4475.
Very little has changed in the last week, so today’s entry will be short and sweet. But I’d like to begin with the sentence that rounded out the conclusion of BTC price action last week:
“For now, Scenario 2 becomes the most likely path forward. If this plays out, expect a few weeks of frustration from both the bull and bear camp as one impatiently waits for a breakout, and the other for a plunge.”
Indeed, even as Ethereum has flirted with a new high, Bitcoin remains just under and has been virtually flatlined for over a week. Is this loss of momentum hinting at a possible correction in our future? Or a healthy pause to allow long-term moving averages to rise and serve as future potential support? A little of both? Read more and view the technical charts.
Ethereum Rallies Ahead of the Coming Berlin Half Fork
Ethereum made a significant move last week and pushed past $2k to set a new all time high ahead of next week’s Berlin hard fork. The price of ETH reached a new high after hitting $2060 on April 2nd, with the Berlin hard fork scheduled for April 14 at block height 12,244,000. The Berlin upgrade incorporates multiple Ethereum Improvement Proposals (EIPs), and addresses problems with gas mechanisms alongside other pressing issues.
Last week signified the ending of March and Q1, and allows us to take stock of Ethereum’s recent price performance. ETH had six consecutive positive months, starting with an 8% increase in October 2020, and continuing on to March’s 35% gain.
The gains made over March also confirmed that ETH has had five consecutive positive quarters starting with a 3% increase in Q1 of 2020, which led to significant gains of 69%, 59%, and 105% over the following quarters of 2020. These were subsequently followed by a jump of 159% over Q1 of 2021 highlighting the increasing bullish sentiment around ETH, and the entire Ethereum ecosystem. Read more.
Greetings everyone to Bitcoin Existence Day 4475.
Very little has changed in the last week, so today’s entry will be short and sweet. But I’d like to begin with the sentence that rounded out the conclusion of BTC price action last week:
“For now, Scenario 2 becomes the most likely path forward. If this plays out, expect a few weeks of frustration from both the bull and bear camp as one impatiently waits for a breakout, and the other for a plunge.”
Indeed, even as Ethereum has flirted with a new high, Bitcoin remains just under and has been virtually flatlined for over a week. Is this loss of momentum hinting at a possible correction in our future? Or a healthy pause to allow long-term moving averages to rise and serve as future potential support? A little of both? Read more and view the technical charts.
Ethereum Rallies Ahead of the Coming Berlin Half Fork
Ethereum made a significant move last week and pushed past $2k to set a new all time high ahead of next week’s Berlin hard fork. The price of ETH reached a new high after hitting $2060 on April 2nd, with the Berlin hard fork scheduled for April 14 at block height 12,244,000. The Berlin upgrade incorporates multiple Ethereum Improvement Proposals (EIPs), and addresses problems with gas mechanisms alongside other pressing issues.
Last week signified the ending of March and Q1, and allows us to take stock of Ethereum’s recent price performance. ETH had six consecutive positive months, starting with an 8% increase in October 2020, and continuing on to March’s 35% gain.
The gains made over March also confirmed that ETH has had five consecutive positive quarters starting with a 3% increase in Q1 of 2020, which led to significant gains of 69%, 59%, and 105% over the following quarters of 2020. These were subsequently followed by a jump of 159% over Q1 of 2021 highlighting the increasing bullish sentiment around ETH, and the entire Ethereum ecosystem. Read more.
CryptoCalibur
Cryptocurrency Weekly News | April 7th, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis — Ethereum Rallies Ahead of the Coming Berlin Half Fork...
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CryptoCalibur Team Pick : Asset Removal -- VELO
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Greetings everyone.
Today we have made the internal decision to remove Velo Protocol ($VELO) from our portfolio of Team Picks.
Velo has been difficult to understand lately, both fundamentally and technically. Fundamentally the team and project have many advantages, but so far they have been unable to capture market attention and traction. Technically, the chart is a mystery and has experienced a series of mysterious pumps and dumps, especially since the turn of the year. It seems truly unknowable as to whether this token is heading to $10 or to zero. For these reasons, we are moving out of the position.
Results:
Entry: $0.4267
Exit: $0.7904
Profit/(Loss): 85%
Above please find a listing of our entire current and former selections.
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CryptoCalibur Team Pick : Asset Removal -- VELO
—-
Greetings everyone.
Today we have made the internal decision to remove Velo Protocol ($VELO) from our portfolio of Team Picks.
Velo has been difficult to understand lately, both fundamentally and technically. Fundamentally the team and project have many advantages, but so far they have been unable to capture market attention and traction. Technically, the chart is a mystery and has experienced a series of mysterious pumps and dumps, especially since the turn of the year. It seems truly unknowable as to whether this token is heading to $10 or to zero. For these reasons, we are moving out of the position.
Results:
Entry: $0.4267
Exit: $0.7904
Profit/(Loss): 85%
Above please find a listing of our entire current and former selections.
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