Cryptonaire Weekly, The #1 CRYPTO TRADING MAGAZINE

Platinum Crypto Academy

Cryptonaire Weekly134th edition

The #1 CRYPTO TRADING MAGAZINE

Bitcoin is getting ready for an explosive move
Most major cryptocurrencies are range-bound and are looking to Bitcoin for direction. If Bitcoin rises above $10,500, altcoins are likely to follow higher.

#crypto #bitcoin #cryptocurrency #blockchain #btc #ethereum

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CRYPTONAIRE WEEKLY MAGAZINE 178TH EDITION IS OUT NOW

The #1 CRYPTO TRADING MAGAZINE

WEEKLY TOP TRADES, TOP PROJECTS AND MARKET UPDATES
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Crypto exchange Coinbase had a stellar listing on April 14 as briefly it was valued at $112 billion, finding a place among the top 100 valuable companies in the United States. Right from its debut, celebrity fund manager Cathie Wood’s ARK funds have been on a buying spree, purchasing $246 million worth of Coinbase stock on Wednesday, $110 million worth of the stock on Thursday, and $64 million worth of the stock on Friday.

The successful listing of Coinbase propelled Bitcoin and several cryptocurrencies higher but the star performer was Dogecoin, which rose to become the fifth largest cryptocurrency in terms of market capitalisation. Dogecoin’s $50 billion market cap makes it more valuable than several well-known US companies such as Ross stores, Walgreens Boots Alliance, and Las Vegas Sands.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE IS DEFI THE FUTURE OF FINANCE- STATERA A NEW TYPE OF DIGITAL ASSET, BITCOINVEND THE NEXT STEP FOR BITCOIN & CRYPTO ADOPTION, HOW DEFIBIDS REIMAGINES ONLINE AUCTION FOR DEFI? & A COMPREHENSIVE GUIDE TO THE QOINIQ CRYPTOCURRENCY TRADING PLATFORM

Bitcoin behaved the way we had projected in the previous analysis. Traders who had bought on the breakout and trailed their stops higher according to our suggestion could have exited at a small profit.The biggest cryptocurrency broke out of the overhead resistance at £44,238 and made a new all-time high at £47,240.05 on April 14.

However, the bulls could not sustain the price above £44,238 and the BTC/GBP pair dipped back below this level on April 17. This resulted in sharp selling by short term traders and the price plunged below the 50-day SMA on April 18. Although the bulls purchased the initial dip, they have not been able to continue the recovery. The 50-day SMA, which had been acting as a major support, is now acting as a resistance.

Selling continued on April 19 and the pair commenced its journey toward the next support at £36,777. This is an important support to watch out for because if it cracks, the selling could intensify and the pair may drop to £31,005.

The 20-day EMA has turned down and the RSI has slipped into the negative zone, indicating advantage to the bears. However, if the bulls purchase the drop to £36,777, the pair could remain range-bound for a few days. The break above the 20-day EMA will be the first sign that the selling could be over and the bulls are back in command.

Lastly please check out the advancement’s happening in the cryptocurrency world.

[b]Featuring in this weeks Edition:

  • Junca Global

  • DeFi Bids

  • BitcoinVend

  • Stealth

  • Statera

  • QoinIQ

  • Aubit
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    CRYPTO TRADE OPPORTUNITIES

Dogecoin at $0.44 embraces ‘literal moon’ ahead of Elon Musk SpaceX launch

TIME Magazine Now Accepts Crypto for Digital Subscriptions

Bank Of England And HM Treasury Launch CBDC Task Force to Evaluate Opportunities & Risks

China’s Central Bank Looking to Regulate Bitcoin as an Investment Vehicle

JUNCACASH CRYPTO AND FINTECH SERVICES TO ENABLE PAYMENT AND EXCHANGES FOR THE PHILIPPINES

CRYPTOCURRENCY TRADING PLATFORM ATANI RAISES $6.25M IN SEED FUNDING

IS DEFI THE FUTURE OF FINANCESTATERA A NEW TYPE OF DIGITAL ASSET

[center]#CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin
#STATERA #CBerry #CBerrytoken #Ecosystem #DeFiSwap #ATANI #DayTrading #BTC #digitalcurrency
#AuBit #aubitnetwork #fwt #Freewaytoken #QoinIQ #QoinSuit #digitalcurrencymarket #ATANI #DayTrading
#Cryptocurrencyexchanges #digitalexchange
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https://www.platinumcryptoacademy.com/cryptonaireweekly/edition178/20th-april-2021/[/b]

CRYPTONAIRE WEEKLY MAGAZINE 189TH EDITION IS OUT NOW

The #1 CRYPTO TRADING MAGAZINE

WEEKLY TOP TRADES, TOP PROJECTS AND MARKET UPDATES

Bitcoin had an eventful first half in 2021. Institutional adoption boosted its price above £47,000 in mid-April but the law of gravitation pulled the price down to £20,000 in mid-May, a 57% drop from the highs. Since then, the price has remained range-bound. The big question troubling investors is whether the downtrend is over or is there one more leg down.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE WORLD MOBILE TOKEN: USING BLOCKCHAIN TO CONNECT THE UNCONNECTED & A COMPREHENSIVE GUIDE TO THE SOMEE.SOCIAL PLATFORM

Bitcoin is currently stuck between the 50-day simple moving average (SMA) and £23,620. Although the bulls pushed the price above the 20-day exponential moving average(EMA) on July 4, they could not clear the hurdle at the 50-day SMA. This shows that the bears are not ready to throw in the towel yet.

If bears pull the price below £23,620, the BTC/GBP pair could retest the critical support at £21,000. Repeated retest of a support level tends to weaken it. A break below £21,000 could result in panic selling and the pair could plummet to £15,000.

Therefore, traders who had purchased on the rebound off £21,000 as suggested in our earlier analysis may trail their stops to breakeven.

The flattish 20-day EMA and the bullish divergence on the relative strength index (RSI) indicate a minor advantage to the bulls.

If the price rebounds off £23,620, the bulls will make one more attempt to drive the price above the 50-day SMA. If they succeed, the pair could start its journey toward the £30,000 to £31,005 overhead resistance zone.

Lastly please check out the advancement’s happening in the cryptocurrency world.

[b]Featuring in this weeks Edition:

  • Werewolf

  • Ferrum Network

  • World Mobile Network

  • The Coop Network

  • Somee Social[/b]

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Ethereum price can gain 40% on Bitcoin, argues analyst as London fork nears

Cardano (ADA) just got added to this major institutional fund

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GAME CHANGING CROSS CHAIN DEFI ECOSYSTEM – FERRUM NETWORK

WORLD MOBILE TOKEN: USING BLOCKCHAIN TO CONNECT THE UNCONNECTED[/i]

#CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin #AsiaBroadband #WorldMobileToken #CloseCross #TheCoopNetwork #Wasder #FerrumNetwork #Ecosystem #DeFiSwap #Roocoin #Ledger #AmberGroup #DayTrading #BTC #digitalcurrency #AuBit #aubitnetwork #fwt #Freewaytoken #AlohaDeFi #QoinSuit #digitalcurrencymarket #ATANI #DayTrading #Cryptocurrencyexchanges #digitalexchange

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CRYPTONAIRE WEEKLY TO PUBLISH ITS 200TH EDITION

Cryptonaire Weekly, the number one crypto trading magazine, by Platinum Crypto Academy, will be publishing its 200th Edition, keeping you updated on the latest cryptocurrency developments. Cryptonaire Weekly is proud to announce the publishing of its 200th edition of the magazine this week, since it was established in 2017.

#200thEdition #CryptonaireWeekly #platinumcryptoacademy #cryptocurrency #blockchain #digitalcurrency

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CRYPTONAIRE WEEKLY MAGAZINE 200TH EDITION IS OUT NOW

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Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust.

A survey of about 42,000 people in 27 countries by product comparison website Finder showed a high adoption rate in Asia. Among the countries polled, Vietnam had the highest adoption rate at 41%, while India and Indonesia had a 30% adoption rate.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE NEXT LEVEL ASSET TOKENIZATION: HOW GENIUX TOKEN LEVERAGES BLOCKCHAIN TO ALLOW PRIVATE INVESTORS TO TAP INTO THE REAL ESTATE MARKETS DIRTY FINANCE – A DIRTY DEAL ON HENTAI NFTS FROM CRYPTO PROJECT ALL YOU NEED TO KNOW ABOUT BEATBIND’S BBND TOKENS – THE HOTTEST BET IN THE MUSIC INDUSTRY RIGHT NOW

Traders dumped assets perceived as risky on fears that a default in Chinese developer Evergrande could roil financial markets across the world. Both European and US stock markets witnessed sharp losses on Monday and crypto markets also sold off, though most coins are attempting to start a recovery today.

The moving averages have completed a bearish crossover and the relative strength index (RSI) has dropped into the negative territory, indicating that sellers are in command. The long tail on today’s candlestick shows that bulls are attempting to defend the critical support at £31,011.

However, any relief rally to the 20-day exponential moving average (EMA) and the downtrend line is likely to attract selling. If the price turns down from this overhead resistance zone, the bears will try to resume the down move.If the BTC/GBP pair plummets and closes below £31,011, the next stop could be £26,845.

Such a deep fall could delay the start of the next leg of the uptrend.

The first sign of strength will be a break and close above the downtrend line. If that happens, the pair could climb toward £38,000. We will wait for the price to confirm a bottom before recommending any fresh trade in it.

Lastly please check out the advancements happening in the cryptocurrency world.

Enjoy the issue!

Featuring in this weeks Edition:

  • Aristo

  • DeGeThal

  • RMRK

  • Mining

  • Genius

  • MELD

  • Dirty Finance

  • Omnia

  • Bondex

  • BeatBind

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CRYPTO TRADE OPPORTUNITIES

Bitcoin worth $2 billion moves for just $0.78

Largest NFT Market by Volume Opensea Launches Smartphone Application

Crypto Prices Plummet Amid Global Market Fears

Cryptocurrency Is Picking up Steam in Small Cities in India

THE KANALOA NETWORK – A NEW WAY OF DOING THINGS

CRYPTONAIRE WEEKLY TO PUBLISH ITS 200TH EDITION

NEXT LEVEL ASSET TOKENIZATION: HOW GENIUX TOKEN LEVERAGES BLOCKCHAIN TO ALLOW PRIVATE INVESTORS TO TAP INTO THE REAL ESTATE MARKETS

DIRTY FINANCE – A DIRTY DEAL ON HENTAI NFTS FROM CRYPTO PROJECT

#Bondex #Omnia #Aristo #DeGeThal #RMRK #Mining #MELD #Genius #BeatBind #DirtyFinance #CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin #Ecosystem #DayTrading #BTC #digitalcurrency #digitalcurrencymarket #DayTrading #Cryptocurrencyexchanges #digitalexchange

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CRYPTONAIRE WEEKLY MAGAZINE 205TH EDITION IS OUT NOW

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Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust.

A survey of about 42,000 people in 27 countries by product comparison website Finder showed a high adoption rate in Asia. Among the countries polled, Vietnam had the highest adoption rate at 41%, while India and Indonesia had a 30% adoption rate.

Traders lapped up ProShares Bitcoin Strategy exchange-traded fund on its debut on October 19, with more than 24 million shares changing hands in 24 hours. This generated a turnover of more than $1.1 billion, making it the second-most-traded fund launch, behind BlackRock’s US Carbon Transition Readiness ETF launched in April of this year, according to Bloomberg.

Bitcoin skyrocketed above the previous all-time high of £47,240.05 on October 20 but the bulls could not sustain the higher levels, as we had suggested in our previous analysis.

Profit-booking at higher levels pulled the price back below the breakout level of £47,240.05 on October 21. However, a minor positive is that bulls have not allowed the BTC/GBP pair to dip below the 20-day exponential moving average.

This indicates that traders continue to buy on dips, anticipating a move higher. The rising moving averages and the relative strength index (RSI) above 63 signals advantage to buyers.

A breakout and close above the £47,240.05 to £48,426.53 overhead resistance zone could indicate the start of the next leg of the uptrend. The next target objective on the upside is the 1.618% Fibonacci extension level at £56,174.25.

Contrary to this assumption, if the price turns down from the current level, the bears will try to sink the pair below the important support of £42,653.53. If
they succeed, it will suggest the start of a deeper correction that may reach the 50-day simple moving average (SMA).

We remain cautious and will wait for a decisive close above the overhead resistance before recommending any trades.

Lastly please check out the advancement’s happening in the cryptocurrency world.

Enjoy the issue!

Featuring in this weeks Edition:

  • Main frame Protocol

  • bitcci

  • Cure Token

  • Smartchem

  • Mandala Exchange

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Ethereum price touches new all-time high in altcoins rally

Bakkt shares skyrocket after partnering with Mastercard and Fiserv

Elon Musk Supports the “People’s Crypto” the Original Meme Coin DOGE, But SHIB is the One Dominating Binance and Coinbase

Peer-to-Peer Bitcoin Exchange LocalBitcoins Launches Mobile App

GREEN CHEMISTRY GOES BLOCKCHAIN

bitcci: BLOCKCHAIN-BASED BUSINESS MODEL FOR THE SEXUAL INDUSTRY

MainFrame: The #1 Content Creator Guild powered by the Cryptocurrency Integration

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#bitcci #MAINFRAMEPROTOCOL #CureToken #Smartchem #MandalaExchange #CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin #Ecosystem #DayTrading #BTC #digitalcurrency #digitalcurrencymarket #DayTrading #Cryptocurrencyexchanges #digitalexchange

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CRYPTONAIRE WEEKLY MAGAZINE 206TH EDITION IS OUT NOW

The #1 CRYPTO TRADING MAGAZINE

Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust.

A survey of about 42,000 people in 27 countries by product comparison website Finder showed a high adoption rate in Asia. Among the countries polled, Vietnam had the highest adoption rate at 41%, while India and Indonesia had a 30% adoption rate.

After a weak September, Bitcoin came roaring back again in the month of October but now all eyes have shifted to its performance in November. History favours the bulls because, since 2013, Bitcoin has always risen in November barring the negative close in 2018 and 2019.

Bitcoin broke below the 20-day exponential moving average (EMA) on October 27 but the bulls did not allow the bears to have their way. Strong buying at lower levels pushed the price back above the 20-day EMA on October 28.

However, higher levels continue to attract profitbooking. The BTC/GBP pair has been stuck between £46,000 and the 20-day EMA for the past four days. This tight-range trading is likely to result in a strong trending move.

If the price breaks below the 20-day EMA, the bears will make one more attempt to pull the pair below £41,500. If they succeed, the pair could plummet to the 50-day simple moving average (SMA). Such a move could delay the start of the next leg of the uptrend.

Conversely, if bulls push and sustain the price above £46,000, the pair may challenge the all-time high at £48,426.53. A break and close above this level could suggest the resumption of the uptrend. The 20-day EMA is gradually flattening out and the relative strength index (RSI) has dropped below 57, indicating that the bullish momentum may be weakening.

We expect the consolidation to continue for a few more days hence, we are not recommending any trade in it.

Lastly please check out the advancements happening in the cryptocurrency world.

Enjoy the issue!

Featuring in this weeks Edition:

  • Xanto

  • Euler

  • 99 Defi Network

  • Beatbind

  • Main frame Protocol

  • bitcci

  • Smartchem

  • Mandala Exchange

Read More
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99DEFI.NETWORK – A PERMISSION-LESS DECENTRALIZED PROTOCOL

How Is BeatBind Reshaping The Fragmented Music Events Industry?

bitcci: BLOCKCHAIN-BASED BUSINESS MODEL FOR THE SEXUAL INDUSTRY

MainFrame: The #1 Content Creator Guild powered by the Cryptocurrency Integration

#bitcci #MAINFRAMEPROTOCOL #Xanto #Smartchem #MandalaExchange #Euler #99DefiNetwork #Beatbind #CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin #Ecosystem #DayTrading #BTC #digitalcurrency #digitalcurrencymarket #DayTrading #Cryptocurrencyexchanges #digitalexchange

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