🔰 Ether continues to be the market leader

📃 Ether (ETH) has experienced 1750% growth compared to the last 12 months. Now, the fall in Bitcoin dominance to 40.7% has pushed this cryptocurrency to more than 19% in dominance.

◻️ On the other hand, the market value of Ether (ETH) has increased much faster than Bitcoin (BTC) over the past year and has attracted the attention of many organizations. Is the ETH targeting the $10,000?

📈 #Funda
🗞 #News

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🔰 The first Asian bank welcomed the cryptocurrencies

📃 Singapore-based DBS Private Bank is the first bank in Asia that offer cryptocurrency trust, custody and trading services, according to CoinDesk.

◻️ Will Asian governments succumb to cryptocurrencies?

📈 #Funda
🗞 #News

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🔰 A dramatic growth in cryptocurrency banking services

📃 Swiss banking group Swissquote and the banking subsidiary of the national postal service of Switzerland PostFinance have launched a fintech app that allows users to invest in Bitcoin, Ether and 11 other cryptos

◻️ The arrival of large organizations and banks has caused the cryptocurrency market to experience significant growth. What will be the future of the cryptocurrency market?

📈 #Funda
🗞 #News

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💰 Fakeout

📌 Terms of financial analysis and investment(Part 58)

🔶 A fakeout is a term used in technical analysis (TA) that refers to a situation where a trader enters a position expecting a price movement that ultimately doesn’t happen. In fact, in most cases, a fakeout is used to refer to a situation where the price goes in the opposite direction of the trade idea or signal.


#Training

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💠 MicroStrategy buys additional 271 BTC | Average price: $55K

🖇 MicroStrategy, a Virginia-based business intelligence firm, has added another 271 Bitcoin (BTC) to its strategic reserves, underscoring CEO Michael Saylor’s growing conviction in the digital asset.

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📉 Current Cryptocurrency Market

🔺 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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💠 Samsung adds Ledger wallet support | Providing new level of security

🖇 Announced Wednesday, the Samsung Blockchain Wallet that comes with Galaxy smartphones will support Ledger Nano hardware storage devices, designed specifically for the safekeeping of cryptocurrency.

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💠 Vitalik Buterin: Uniswap should become an oracle token

🖇 Uniswap’s native UNI token can greatly enhance its utility by becoming a pricing oracle for stablecoins, according to Ethereum co-founder Vitalik Buterin.


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💠 DBS private bank offers wealth succession planning for cryptocurrencies | Investing, storing and managing

🖇 DBS Group said on Friday its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their succession plans.

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💠 Grayscale’s crypto fund files to become SEC reporting company | Becoming a publicly traded asset

🖇 Grayscale has filed its third Form 10 with the United States Securities and Exchange Commission to convert one of its investment funds into an SEC-reporting company.

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💠 Shrug to Bitcoin bears and Elon Musk: Cardano nears $2, Nano jumps 125%

🖇 Cardano's ADA token, the fourth-largest cryptocurrency by market capitalization, hit new all-time highs on May 13 as bulls refused to follow the broad market downtrend.


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💠 Where have Ethereum bulls gone? | Sub-$4K ETH fails to entice traders

🖇 It seems the low funding rate on ETH futures contracts and the recent 96% rally are not enough to convince traders to buy the Ethereum price dip.

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🔰 Cardano on the edge of an abyss

📃 The impressive 816% gain of Cardano (ADA) in 2021 catapulted the smart contract platform's market capitalization to $61 billion and boosted the open interest rate to $940 billion.

◻️ But ADA price's growth, followed by the futures open interests rising, is both an opportunity and a threat to its traders; Why?

📈 #Funda
🗞 #News

💎 @CryptoLand_en
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💰 Paper Hands

📌 Blockchain terms and cryptocurrencies(Part 60)

🔶 A stock or cryptocurrency trader with paper hands will sell at the first sign of trouble. They are also more likely to sell as soon as their investment turns green or breaks even. This is also known as having “weak hands”.

🔰 5x growth is waiting for BTC

📃 According to PlanB's recent tweet, FUDs including the removal of Bitcoin as a payment method in Tesla, have had no effect on BTC's long-term trend, and it has the potential to grow another fivefold for the next six months now, as it did six months ago.

◻️ Do we have to wait for $200,000 per Bitcoin?

📈 #Funda
🗞 #News

💎 @CryptoLand_en
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💠 IRS will seize your crypto if you can't pay back taxes | Classifying digital assets as property

🖇 The United States Internal Revenue Agency is prepared to seize the holdings of cryptocurrency owners who are struggling to pay their unpaid tax debts.


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🔰 Miners are mining harder than ever

📃 BTC mining difficulty has hit a new ATH yesterday on 14th May, which means that miners are using all their power for mining BTC.

◻️ Can this suggest a new bullish trend for Bitcoin?

📈 #Funda
🗞 #News

💎 @CryptoLand_en
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🎓 Crypto to Crypto Swaps

📑 A crypto to crypto swap is an operation in which you receive one cryptocurrency in exchange for another one. This type of transaction has its fans in the crypto market, but for newcomers, it may pose risks that need to be addressed carefully.

👉🏻 Article Link

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💎 @CryptoLand_AC

💠 Bitcoin doesn’t care about Elon Musk | The structure of the Bitcoin network has not changed

🖇 Cointelegraph considers why, on a fundamental level, Bitcoin is ultimately resilient to the actions of a single user — no matter how influential they are.

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💠 When all-time high? | Bitcoin traders lose confidence as BTC price slumps

🖇 Bitcoin adoption continues to increase but derivatives data shows retail and professional traders are reluctant to build new bullish positions.

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💠 Bitcoin whales are dwindling | What does that mean for the market?

🖇 New data shows there are fewer Bitcoin whales now than in the past 10 months. But addresses holding smaller amounts are on the rise.

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