Eth Fundamentals:
- EIP-1559 introduces fee burning
- Eth 2.0 release soon
- NFT mania on Etherium Blockchain will create large demand for Eth when users realise their NFT positions
- Network effects of Etherium are unparalleled. Institutions realise this and are able to access ETFs in some countries and on Greyscale Eth funds
Eth Technicals:
- See chart for...
FUNDAMENTALS:
If you have done your research, it will already be clear that the Orchid Network is a great project. Here are just a few reasons why:
Full release of Android, iOS, Windows and Mac apps recently. The application has been in beta testing over the past months but is now live.
OpenVPN and WireGuard, VPN network providers have partnered with Orchid....
Great project, I am using Orchid VPN as I write this post. Tiny market cap, who is the competition? Basic Attention/ Brave? Yet to see any of their solutions...
Long and short of it. Looks bullish.
Long term trend here shows a classic wedge pattern (as we have seen with BTC). Currently, BAT is testing long term resistance and it is unlikely to break out of it without some additional stimulus. For example, if BTC breaks out of its long term wedge this will likely spark a huge rally of alt coins. Additionally, Brave may announce a new feature of their browser...
Compound is a great project, we all know that. Perhaps we can agree that it needs to bottom out before we consider investing (if you missed the first move up).
See chart for my interpretation of the price. Downward channel, currently using the inner channel as support. If we break out of the larger one I might start to look at investing. If it bottoms out...
I think it is anyone's bet here...
We saw strong correlation between BTC and traditional markets in March, is this relationship maintained? If so, a second wave of COVID may spark another bearish move across cryptos as well. Personally, I feel that the market has been trained, both institutions and retail know that gold and BTC are the hedge so I suspect a move...
This bull rally is likely due to the increasingly adopted Kyber Network protocols across multiple platforms, the successful advertising campaign and the announcement of the Katalyst and KyberDAO protocols.
With their release (7th July 2020), not only will the token see slight deflationary pressure (appreciation of token value) from burning tokens, but also the...
